Cloudberry Clean Energy ASA | Mandatory notification of trade by primary insiders

28 May 2025 17:01 CEST

Reference is made to the stock exchange notice of 28 May 2025 regarding the
capital increase resolved by the Board in relation to the Company's share
purchase program for members of the Board of Directors.

The following board members of Cloudberry Clean Energy ASA have subscribed for
new shares in the Company:

· Tove Feld, chair of the Company, has subscribed 18,658 new shares and will,
following completion of the capital increase, hold 61 799 shares in the Company.

· Petter W. Borg, board member of the Company, has subscribed 9,329 new shares
and will, following completion of the capital increase, hold 38 114 shares in
the Company. Petter W. Borg also holds 1,244,791 shares in the Company through
Caddie Invest AS which is a company closely related to Petter W. Borg.

· Henrik Joelsson, board member of the Company, has subscribed 9,329 new
shares and will, following completion of the capital increase, hold 30 349
shares in the Company. Henrik Joelsson also holds 40,000 shares in the Company
through HJ Business Development AB which is a company closely related to Henrik
Joelsson.

· Benedicte H. Fossum, board member of the Company, has subscribed 9,329 new
shares and will, following completion of the capital increase, hold 26 546
shares in the Company. Benedicte H. Fossum also holds 100,103 shares in the
Company through Mittas AS which is a company closely related to Benedicte H.
Fossum. Further, Jeshol AS, a company closely related to Benedicte H. Fossum
holds 80,000 shares in the Company.

· Alexandra Koefoed, board member of the Company, has subscribed 9,329 new
shares and will, following completion of the capital increase, hold 30 899
shares in the Company.

· Nicolai Nordstrand, board member of the Company, has subscribed 9,329 new
shares and will, following completion of the capital increase, hold 75 349
shares in the Company.

· Mads Andersen, board member of the Company, has subscribed 9,329 new shares
and will, following completion of the capital increase, hold 9,329 shares in the
Company.

The transactions took place on 28 May 2025 at a price per share of NOK 10.39 per
share. 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:

Ole-Kristofer Bragnes, CFO, +47 91 70 34 15, okb@cloudberry.no
Anders Lenborg, CEO, +47 934 13 130, al@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 traditions. The Company owns, develops, and operates
hydropower plants and wind farms in the Nordics. 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 (Euronext 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 and Lemvig
Denmark. To learn more about Cloudberry, go to www.cloudberry.no

More information:
Access the news on Oslo Bors NewsWeb site

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