Due to an anomaly, there was an incorrect reference to a private placement.
The transactions have been carried out in the open market Tuesday 9th of
August.



Oslo, Norway   The following close associate to primary insider have carried
out the following transactions:

Passesta AS, a company owned by the chairman of the board Tore Engebretsen and
his immediate family, has acquired 170 000 shares for an aggregate
subscription price of approximately NOK 3.3 million. After the transaction,
Passesta AS and Tore Engebretsen own 12 450 480 shares, equal to approximately
11.96 % of the Company's shares and votes.

See the enclosed forms for further details about the transactions.

Contacts
Investor Relations: 
Lars Holmøy
Lars.Holmoy@ellipticlabs.com (mailto:Lars.Holmoy@ellipticlabs.com)

PR Contact:
Patrick Tsui
pr@ellipticlabs.com (mailto:pr@ellipticlabs.com)

About Elliptic Labs
Elliptic Labs is a global enterprise targeting the smartphone, laptop, IoT,
and automotive markets. Founded in 2006 as a research spin-off from Norway s
Oslo University, the company s patented software uses AI, ultrasound, and
sensor-fusion to create AI Virtual Smart Sensors that deliver intuitive 3D
gesture-, proximity-, presence-, breathing-, and heartbeat -detection
experiences. Its scalable AI Virtual Smart Sensor PlatformTM creates
software-only sensors that are sustainable, human-friendly, and already
deployed in hundreds of millions of devices around the world. Elliptic Labs is
the only software company that has delivered detection capabilities using AI
software, ultrasound, and sensor-fusion deployed at scale. The company is
listed on the Oslo Børs.

Elliptic Labs is headquartered in Norway with presence in the USA, China,
South -Korea, Taiwan, and Japan. Its technology and IP are developed in Norway
and are solely owned by the company.

This information has been submitted pursuant to the Securities Trading Act §
5-12 and MAR Article 19 no. 3. The information was submitted for publication
at 2022-08-09 16:45 CEST.

Attachments
Elliptic Labs   Mandatory notification of trade
(https://storage.mfn.se/bfa6ba17-a114-4696-992d-a6ffe4adaa30/elliptic-labs-manda
tory-notification-of-trade.pdf)
Skjema For Melding Om Transaksjoner Utført Av Personer Med Ledelsesansvar
(«primærinnsidere») Og Deres Nærstående (KRT 1500)
(https://storage.mfn.se/48538a5c-933d-4541-a1c2-b2f365d013d7/skjema-for-melding-
om-transaksjoner-utfort-av-personer-med-ledelsesansvar-primaerinnsidere-og-deres
-naerstaende-krt-1500.pdf)

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