Mandatory notification of trade

30 Mar 2023 10:23 CEST

Reference is made to the stock exchange notice by Edda Wind ASA (the “Company”)
made on 24 March 2023 regarding the share-lending, and on 29 March 2023
regarding the registration of the share capital increase, in connection with
Tranche 2 of the Company’s private placement as announced on 2 March 2023 (the
“Private Placement”).

Please see attached the primary insider notification form pursuant to the Market
Abuse Regulation article 19 for the redelivery of the 2,768,552 shares to
Wilhelmsen New Energy AS related to the Private Placement under the share
lending agreement with DNB Markets, a part of DNB Bank ASA (on behalf of the
joint bookrunners in the Private Placement) and the Company.

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.

The Company owns and operates three purpose-built offshore wind SOVs and one
CSOV and has ten dedicated offshore wind vessels under construction – one SOV
and nine 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

586644_2023-03-30 Edda Wind ASA - PDMR form.pdf