Correction : Mandatory notification of trade

24 Mar 2023 13:02 CET

Reference is made to the stock exchange notice by Edda Wind ASA (the “Company”)
on 2 March 2023 regarding the successfully placed private placement of
48,000,000 new shares in the Company (the “Private Placement”) and the stock
exchange announcement made today on 24 March 2023 regarding the extraordinary
general meeting’s resolution to approve the share capital increase by issuing
41,568,552 new shares in the Company pertaining to Tranche 2 of the Private
Placement as further described therein.

Wilhelmsen New Energy AS has lent out 2,768,552 shares in the Company to DNB
Markets, a part of DNB Bank ASA (on behalf of the managers for the Private
Placement) to facilitate DVP settlement for Tranche 2 in the Private Placement.
Please find attached the primary insider notification pursuant to the Market
Abuse Regulation article 19.

For further information, please contact:
Kenneth Walland, CEO Edda Wind
Phone: +47 916 93 418
E-mail: kenneth.walland@eddawind.com

Tom Johan Austrheim, CFO Edda Wind
Phone: +47 982 09 873
E-mail: tom.johan.austrheim@eddawind.com

This information is subject to the disclosure requirements pursuant to
Regulation EU 596/2014 (MAR) article 19 number 3 and the Norwegian Securities
Trading Act section 5-12.

ABOUT EDDA WIND

Edda Wind is a leading pure play offshore wind service company headquartered in
Haugesund, Norway. The Company develops, builds, owns and operates purpose-built
Service Operation Vessels (“SOV”) and Commissioning Service Operation Vessels
(“CSOV”) for offshore wind farms worldwide.

Edda Wind is creating the next generation of offshore wind service vessels and
works closely with partners to develop new technologies to reduce emissions
without compromising operational capabilities or cost competitiveness.

As of today, the Company owns and operates two purpose-built offshore wind SOVs,
operates one chartered frontrunner, and has twelve dedicated offshore wind
vessels under construction – two SOVs and ten CSOVs. All newbuild vessels are
prepared for zero-emission utilising liquid organic hydrogen carrier as an
energy source.
Read more: www.eddawind.com

More information:
Access the news on Oslo Bors NewsWeb site

586123_Edda Wind ASA - PDMR form (share lending).pdf