Cloudberry Clean Energy ASA

Board/Management Information • Feb 8, 2024

Cloudberry Clean Energy ASA | CFO appointed

Cloudberry Clean Energy ASA | CFO appointed

Oslo, Norway, 08 February 2024: Cloudberry Clean Energy ASA (Cloudberry) has

today appointed Ole-Kristofer Bragnes as Chief Financial Officer (CFO). Former

Chief Value Officer (CFO) Christian Helland will continue in Cloudberry as the

Chief Commercial Officer (CCO) with an increased focus on value creation for the

group.  Helland will as CCO lead Cloudberry's commercial, M&A and new

technologies segment.

Bragnes currently serves as the Senior Financial Officer in Cloudberry, and he

has over seven years of experience with capital markets transactions, debt

structuring and other senior management roles including a former position as CFO

of Pioneer Property Group ASA.

"We are very pleased to announce this change lifting young and promising

employees in Cloudberry forward.  Cloudberry is well positioned as a leading

Nordic independent power producer with a rapidly growing pipeline of both

organic and inorganic opportunities.  Further, with an increasing focus on

accretive recycling of capital, our new dedicated commercial team will ensure

that we use our existing equity efficiently in order to grow the net asset

values per share" says CEO, Anders Lenborg.

Christian Helland will hold the position until Ole-Kristofer Bragnes enters the

CFO position 01.07.2024.

For information and relevant documents please visit our website

www.cloudberry.no

For further information, visit our company and IR website www.cloudberry.no or

contact:

Anders Lenborg, CEO, +47 934 13 130, al@cloudberry.no

Christian Helland, CVO, +47 418 80 000, ch@cloudberry.no

Ole-Kristofer Bragnes, Senior Financial Officer, +47 917 03 415,

okb@cloudberry.no

This information is subject to the disclosure requirements pursuant to Section 5

-12 of the Norwegian Securities Trading Act.

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 (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 in Sweden and Lemvig in Denmark. To

learn more about Cloudberry, go to www.cloudberry.no