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 boardTore Engebretsen and his immediate family, has acquired 170 000 shares for an aggregate subscription price of approximatelyNOK 3.3 million . After the transaction, Passesta AS andTore 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) AboutElliptic Labs Elliptic Labs is a global enterprise targeting the smartphone, laptop, IoT, and automotive markets. Founded in 2006 as a research spin-off fromNorway sOslo 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 inNorway with presence in theUSA ,China ,South -Korea ,Taiwan , andJapan . Its technology and IP are developed inNorway 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 2022-08-0916:45 CEST . AttachmentsElliptic 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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