CADELER A/S: MAJOR SHAREHOLDER ANNOUNCEMENT

06 Dec 2022 10:03 CET

CADELER A/S: MAJOR SHAREHOLDER ANNOUNCEMENT

Copenhagen, 6 December 2022: Cadeler A/S (“Cadeler” or the “Company”) hereby
announces that it has received the following major shareholder notification
pursuant to Section 38 of the Danish Capital Markets Act and Section 55 of the
Danish Companies Act, respectively, regarding direct and indirect holding of
shares in Cadeler:

Funds and accounts under management of Encompass Capital Advisors LLC hold in
aggregate 9,083,577 shares and voting rights in Cadeler, corresponding to 4.6%
of the share capital and voting rights in Cadeler and has accordingly fallen
below the 5% threshold.

For further information, please contact:
Mikkel Gleerup, CEO
+45 3246 3102
mikkel.gleerup@cadeler.com

About Cadeler A/S:
Cadeler A/S is a key supplier with the offshore wind industry for installation
services and operation and maintenance works that provides marine and
engineering operations to the offshore wind industry with a strong focus on
safety and the environment. Cadeler’s reputation as provider of high-quality
offshore wind support services, combined with an innovative vessel design,
positioning the company to deliver premium level services to the industry. As a
company, Cadeler continues to pursue new levels of efficiency, pushing beyond
the current boundaries of the supply chain. Cadeler enables and facilitates the
global energy transition towards a future built on renewable energy. Cadeler is
listed on the Oslo Stock Exchange (ticker CADLR).

More information:
Access the news on Oslo Bors NewsWeb site

577449_Press Release - MAJOR SHAREHOLDER ANNOUNCEMENT.pdf