Huddly AS – Share capital increase registered

Oslo, 2 February 2024: Reference is made to the stock exchange announcement published by Huddly AS ("Huddly" or the "Company", ticker: HDLY) on 25 January 2024, regarding the final results in the subsequent offering (the "Subsequent Offering") where a total of 60,000,000 new shares in the Company (the "Offer Shares") were subscribed for and allocated at a subscription price of NOK 0.50 per share (the "Subscription Price") and the Company’s board of directors resolved the capital increase pertaining to the Subsequent Offering.

The share capital increase pertaining to the Subsequent Offering has today been registered with the Norwegian Register of Business Enterprises. The Company's new share capital is NOK 335,205.03 divided into 536,328,048 shares, each with a nominal value of NOK 0.000625.

For more information, please contact:

Abhijit Saha Banik, CFO
Mobile: +47 408 30 964

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About Huddly AS

Disruptive innovation is our heartbeat at Huddly. We're committed to pushing technology and challenging the status quo in order to empower human collaboration. 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.