Huddly AS - Comments on criticism from the Norwegian Financial Supervisory Authority against Huddly’s auditor Mazars

The Financial Supervisory Authority (FSA) of Norway yesterday published a report criticising the audit, tax and advisory firm Mazars for the quality of their work as Huddly’s auditor. The report was subsequently covered in Norwegian media.

Mazars has assured Huddly that the criticism from the FSA is related to formalities in their auditing processes, and not issues that would have a material effect on Huddly’s accounts. The Board of Directors of Huddly agrees with this view, and it is also corroborated by the report from the FSA, which may be accessed here: -mazars-as2/

Huddly has requested that Mazars produces a detailed report explaining how these issues could occur and what Mazars is doing to ensure that similar mistakes will not happen again. Mazars has assured Huddly that they take the criticism from the FSA very seriously, and has expressed regret that Huddly was affected.

About Huddly AS: Huddly is a technology company that creates tools for team collaboration. Based in Oslo, Norway, Huddly combines expertise across the fields of design, hardware, software, and artificial intelligence. The company’s smart cameras are designed to make it easier and better for people to communicate with each other. Huddly’s solutions with industry-leading partners enable high-quality video experiences on all major collaboration platforms.

For more information, please contact: Stein Jacob Frisch, Investor Relations, Huddly AS, mob: +47 916 10 911, email: