Oslo, 6 December 2023: Reference is made to the stock exchange announcement
published by Huddly AS (the "Company") earlier today regarding approval by the
extraordinary general meeting of the private placement of 260,000,000 new shares
at a subscription price of NOK 0.5 (the "Subscription Price") per new share as
announced on 21 November 2023 (the "Private Placement"). The following close
associates of primary insiders have been allocated and subscribed for shares at
the Subscription Price in the Private Placement: 

G&J Williams Property PTY (VIC), being a company closely associated with Graham
Spencer Williams, CEO of the Company, has been allocated and subscribed for
39,200,000 shares. 

HPA Holding AS, being a company closely associated with Håvard Alstad, VP
Engineering of the Company, has been allocated and subscribed for 4,800,000
shares. 

Kolberg Motors AS and Multiplikator AS, being companies closely associated with
Kristian Kolberg, a board member of the Company, have been allocated and
subscribed for 14,000,000 and 6,000,000 shares, respectively. 

Mertoun Capital AS, being a company closely associated with Jostein Devold,
chair of the board of directors of the Company, has been allocated and
subscribed for 24,000,000 shares. 

Leif Hübert, being closely associated with Jostein Devold, chair of the board of
directors of the Company, has been allocated and subscribed for 2,400,000
shares. 

SOM Holding AS, being a company closely associated with Stein Ove Eriksen, board
observer of the Company, has been allocated and subscribed for 16,000,000
shares. 

Please see the attached notifications of trade for further information. 

This information is subject to the disclosure requirements in article 19 of the
Regulation EU 596/2014 (the EU Market Abuse Regulation) and section 5-12 of the
Norwegian Securities Trading Act.

For more information, please contact: 
Abhijit Banik, CFO 	
Mobile: +47 408 30 964 	
E-mail: abi.banik@huddly.com

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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.