Edda Wind ASA – Mandatory notification of trade and disclosure of shareholding

05 May 2025 08:18 CEST

5 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 2 May 2025 acquired 1,516,178.00 shares of Edda Wind at an
average price of NOK 22.99 per share. Following this, the Offeror holds
14,028,454 shares, representing approximately 10.8% of the outstanding shares
and votes in the Company. Together, the Offeror and the Shareholders control
120,246,116 shares, representing approximately 93% of the outstanding shares and
votes in the Company. A PDMR notice is attached to this announcement.

More information:
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645241_PDMR Notification - Electric(23872294.1).pdf