Cloudberry Clean Energy ASA | Mandatory Notification of Trade

03 Nov 2022 17:35 CET

Oslo, Norway, 03 November 2022: The following primary insiders and close
associates of primary insiders have today purchased shares in Cloudberry Clean
Energy ASA ("Company"):

· Lenco AS, a company closely related to the Chief Executive Officer Anders
Lenborg, acquired 40,000 shares in the Company at an average price of NOK
13.0117 and will, following the transaction hold 1,363,546 shares in the
Company. Anders Lenborg also holds 3,395,000 warrants.

· Lotmar Invest AS, a company closely related to the Chief Operating Officer
Jon Gunnar Solli, acquired 10,000 shares in the Company at an average price of
NOK 13.0117 and will, following the transaction hold  613,723 shares in the
Company. Jon Gunnar Solli also holds 1,150,000 warrants.

· Chief Compliance and Organization Officer Ingrid Bjørdal acquired 40,000
shares in the Company at an average price of NOK 13.0117 and will, following the
transaction hold 40,000 shares in the Company.

· Chief Technology Officer Stig J. Østebrøt acquired 25,000 shares in the
Company at an average price of NOK 13.0117 and will, following the transaction
hold 25,000 shares in the Company.

· Chief Commercial Officer Andreas Thon Aashiem (not a primary insider)
acquired 10,000 shares in the Company at an average price of NOK 12.82 and will,
following the transaction hold 10,000 shares in the Company. Andreas Aasheim
also holds 200,000 warrants.

Cloudberry refers to the attached notifications for persons discharging
managerial responsibilities in the company in accordance with Regulation EU
596/2014 (MAR) article 19.

For further information, please contact:
Anders Lenborg, CEO, +47 934 13 130, al@cloudberry.no
Christian Helland, CVO, +47 418 80 000, ch@cloudberry.no
Ole-Kristofer Bragnes, Senior Financial Officer, +47 917 03 415,
okb@cloudberry.no

This information is subject to disclosure requirements set out in the Market
Abuse Regulation EU 596/2014 Article 19 and the Norwegian Securities Trading Act
Section 5-12.

About Cloudberry

Cloudberry is a renewable energy company operating in the Nordics and in
accordance with local tradition. The Company owns, develops, and operates
hydropower plants and wind farms in Norway and Sweden. Cloudberry is powering
the energy transition to a sustainable future by providing new renewable energy
today and for future generations. The Company believes in a fundamental long
-term demand for renewable energy in Europe. With this as a fundament,
Cloudberry is building a sustainable, scalable, efficient, and profitable
platform for creation of shareholder value. Cloudberry`s shares are traded on
Oslo Stock Exchange's main list (Oslo Børs), supported by strong owners and led
by an experienced team and board. The Company has offices in Oslo, Norway (main
office), Karlstad, Gothenburg and Eskilstuna, Sweden. To learn more about
Cloudberry, go to http://www.cloudberry.no

More information:
Access the news on Oslo Bors NewsWeb site

574732_221103_Notification_for_primary_insiders.pdf
574732_221103_Cloudberry_Clean_Energy_ASA_Mandatory_Notification_of_Trade.pdf