Edda Wind ASA – Mandatory notification of trade

13 May 2025 20:39 CEST

13 May 2025: Reference is made to announcement of 29 April 2025 by Geveran
Trading Co Ltd, Wilhelmsen New Energy AS and EPS Ventures Ltd (the
"Shareholders") regarding an unconditional mandatory cash offer (the “Offer”) to
acquire all outstanding shares (the “Shares”) in Edda Wind ASA (the “Company” or
“Edda Wind”) not already owned by them, such Offer to be made by Electric AS
(the “Offeror”), a company jointly owned by the Shareholders.

The Offeror has on 13 May 2025 acquired 201,251 shares of Edda Wind at an
average price of NOK 22.96 per share. Following this, the Offeror holds
16,600,000 shares, representing approximately 12.8% of the outstanding shares
and votes in the Company. Together, the Offeror and the Shareholders control
122,817,662 shares, representing approximately 95% of the outstanding shares and
votes in the Company. A PDMR notice is attached to this announcement.

More information:
Access the news on Oslo Bors NewsWeb site

646220_PDMR Notification - Electric.pdf