Huddly - Annual Report 2022

Enclosed is Huddly's Annual Report for 2022.
The report is also available at:

This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.

These financial statements, for the year ended 31 December 2022, are the first the Company has prepared in accordance with IFRS. These financial statements are published together with the consolidated figures for Huddly Group, at the Group’s website. For the year ended 31 December 2021, the Company prepared its financial statements in accordance with simplified IFRS valid as of December 31, 2021. The Company has prepared financial statements that comply with IFRS applicable as at 31 December 2022, together with the comparative period data for the year ended 31 December 2021, as described in general accounting principles and relevant notes. In preparing the financial statements, the Company’s opening statement of financial position was prepared as at 1 January 2021, the Company’s date of transition to IFRS. IFRS 1 First-Time Adoption of International Financial Reporting Standards allows first-time adopters certain exemptions from the general requirement to the retrospective application of certain IFRSs. The general requirement of IFRS 1 is full retrospective application for all standards.

For more information, please contact:
Abhijit Banik, CFO, Huddly AS, mob: +47 408 30 964, email:

About Huddly:
Combining our industry-leading expertise in artificial intelligence, software,
hardware, and UX, we craft intelligent camera systems that enable inclusive and productive teamwork.

Huddly cameras are designed to provide high-quality, AI-powered video meetings on major platforms, including Microsoft Teams, Zoom, and Google Meet. With
upgradable software, durable hardware, and engaging user experiences, they are the ideal choice for organizations seeking a future-proof, scalable, and
sustainable solution.

Founded in 2013, Huddly is headquartered in Oslo, Norway, with presence in the US and EMEA and distribution globally.

Huddly Annual Report 2022