Oslo Børs has taken the decision to place Observe Medical ASA in the Penalty
Bench, cf. section 2.9.3 (1) of the Euronext Oslo Børs Rule Book II. Observe
Medical ASA is placed in Penalty Bench with immediate effect due to failure to
comply with Euronext Oslo Børs Rule Book II section 4.3.1 public disclosure of
the annual report. Penalty Bench is a special compartment where the securities
of issuers that do not comply with the Rules are placed. Oslo Børs will remove
securities from the Penalty Bench and allocate the securities to the normal
compartment when the issuer has corrected the violation of the Rules that was
the reason for allocating the security to the Penalty Bench.