Cadeler A/S

Director's Dealing • Apr 3, 2025

Reporting of transactions made by persons discharging managerial responsibilities and persons closely associated with them in Cadeler A/S' shares

1	Details of the Reporting Person and their Closely Associated Persons
a)	Name	BW Altor Pte. Ltd.
2	Reason for the notification
a)	Position/status	Closely associated person to Andreas Sohmen-Pao, chairman of the Board of Directors
b)	Initial notification /Amendment	Initial notification
3	auction monitor	Details of the issuer, emission allowance market participant, auction platform, auctioneer or
a)	Name	Cadeler A/S
b)	LEI	9845008439EUED140282
4.1		Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument and identification code	Shares ISIN DK0061412772
b)	Nature of the transaction	Purchase of shares
c)	Price(s) and volume(s)	Price(s) NOK 49.975 NOK 50.15 NOK 50.4 NOK 50.9	Volume(s) 580 13,797 117 408
d)	Aggregated information - Aggregated volume - Price	Average price per share: NOK 50.17 Total number of shares: 14,902 shares Total price: NOK 747,569.05
e)	Date of the transaction	31 March 2025
f)	Place of the transaction	AQUIS EXCHANGE EUROPE AUCTION ON DEMAND (AOD), AQEA
4.2		Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument and identification code	Shares ISIN DK0061412772

b)	Nature of the transaction	Purchase of shares
c)	Price(s) and volume(s)	Price(s) NOK 50.6	Volume(s) 42
d)	Aggregated information Aggregated volume - Price	Average price per share: NOK 50.6 Total number of shares: 42 shares Total price: NOK 2,125.20
e)	Date of the transaction	31 March 2025
f)	Place of the transaction	AQUIS EXCHANGE EUROPE, AQEU
4.3	transaction; (iii) each date; and (iv) each place where transactions have been conducted			Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of
a)	Description of the financial instrument, type of instrument and identification code	Shares ISIN DK0061412772
b)	Nature of the transaction	Purchase of shares
c)	Price(s) and volume(s)	Price(s) NOK 49.8 NOK 49.85 NOK 49.875 NOK 49.9 NOK 49.925 NOK 50.0 NOK 50.025 NOK 50.05 NOK 50.1 NOK 50.15 NOK 50.2 NOK 50.25 NOK 50.3 NOK 50.4 NOK 50.55 NOK 50.6 NOK 50.65 NOK 50.7 NOK 50.75	Volume(s) 3,360 708 810 2,898 840 651 376 314 3,264 8,386 4,859 13,628 557 6,227 2,821 1,429 3,829 133 3,335

		NOK 50.90	1,979
		NOK 51	6,069
d)	Aggregated information	Average price per share: NOK 50.35
	- Aggregated volume	Total number of shares: 67,651 shares
	Price		Total price: NOK 3,406,248.50
e)	Date of the transaction	31 March 2025
f)	Place of the transaction	CBOE EUROPE - DXE PERIODIC (NL), BEUP
4.4		Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
Shares a) Description of the
	financial instrument, type of instrument and identification code	ISIN DK0061412772
b)	Nature of the transaction	Purchase of shares
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		NOK 50.60	196
		NOK 50.70	1061
d)	Aggregated information - Aggregated volume Price	Average price per share: NOK 50.68 Total number of shares: 1,257 shares Total price: NOK 63,710.30
e)	Date of the transaction	31 March 2025
f)	Place of the transaction	CBOE EUROPE - DXE ORDER BOOKS (NL), CEUX
4.5		Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the	Shares
	financial instrument,
	type of instrument and	ISIN DK0061412772
	identification code
b)	Nature of the transaction	Purchase of shares
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		NOK 50.65	950
		NOK 51	25.610

d)	Aggregated information	Average price per share: NOK 50.99
	- Aggregated volume Price	Total number of shares: 26,560 shares Total price: NOK 1,354,227.50
e)	Date of the transaction	31 March 2025
f)	Place of the transaction	GOLDMAN SACHS BANK EUROPE SE - SYSTEMATIC INTERNALISER, GSEI
4.6		Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument and identification code	Shares ISIN DK0061412772
b)	Nature of the transaction	Purchase of shares
c)	Price(s) and volume(s)	Price(s) NOK 50.3 NOK 50.8	Volume(s) 6,002 812
d)	Aggregated information - Aggregated volume Price	Average price per share: NOK 50.36 Total number of shares: 6,814 shares Total price: NOK 343,150.20
e)	Date of the transaction	31 March 2025
f)	Place of the transaction	JANE STREET NETHERLANDS B.V., JNSI
4.7	transaction; (iii) each date; and (iv) each place where transactions have been conducted			Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of
a)	Description of the financial instrument, type of instrument and identification code	Shares ISIN DK0061412772
b)	Nature of the transaction	Purchase of shares
c)	Price(s) and volume(s)	Price(s) NOK 49.875 NOK 49.9	Volume(s) 804 691
		NOK 50	11,001
		NOK 50.05	7,744
		NOK 50.1	1,207
		NOK 50.15	1,112

		NOK 50.2	3,674
		NOK 50.3	3,653
		NOK 50.75	1,021
		NOK 50.8	1,195
d)	Aggregated information - Aggregated volume Price	Average price per share: NOK 50.13 Total number of shares: 32,102 shares Total price: NOK 1,609,157.55
e)	Date of the transaction	31 March 2025
f)	Place of the transaction	MORGAN STANLEY EUROPE S.E. - SYSTEMATIC INTERNALISER, MESI
4.8		Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument and identification code	Shares ISIN DK0061412772
b)	Nature of the transaction	Purchase of shares
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		NOK 50.1	498
		NOK 50.25	324
		NOK 50.6	116
		NOK 50.65	656
		NOK 50.8	139
d) e)	Aggregated information - Aggregated volume Price Date of the transaction	Average price per share: NOK 50.43 Total number of shares: 1,733 shares Total price: NOK 87,388.00 31 March 2025
f)	Place of the transaction	SIGMA X EUROPE AUCTION BOOK, SGMV
4.9		Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument and identification code	Shares ISIN DK0061412772
b)	Nature of the transaction	Purchase of shares

c)	Price(s) and volume(s)	Price(s)	Volume(s)
		NOK 50.1	1,860
		NOK 50.15	640
		NOK 50.2	659
		NOK 50.25	1,135
		NOK 50.40	1,028
		NOK 50.45	170
		NOK 50.6	1,599
		NOK 50.75	168
		NOK 50.8	979
		NOK 50.9	475
		NOK 51	3,790
d)	Aggregated information	Average price per share: NOK 50.58
	- Aggregated volume	Total number of shares: 12,503 shares
	Price	Total price: NOK 632,421.35
e)	Date of the transaction	31 March 2025
f)	Place of the transaction
		TURQUOISE EUROPE - LIT AUCTIONS, TQEA
4.10	transaction; (iii) each date; and (iv) each place where transactions have been conducted			Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of
		Shares
a)	Description of the financial instrument,
	type of instrument and	ISIN DK0061412772
	identification code
b)	Nature of the transaction
		Purchase of shares
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		NOK 50.7	948
d)	Aggregated information	Average price per share: NOK 50.7
	Aggregated volume -	Total number of shares: 948 shares
	Price	Total price: NOK 48,063.60
e)	Date of the transaction	31 March 2025
f)	Place of the transaction	DNB BANK ASA, XDNB
4.11				Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of
	transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)	Description of the financial instrument, type of instrument and identification code	Shares ISIN DK0061412772
b)	Nature of the transaction	Purchase of shares
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		NOK 50.6	753
d)	Aggregated information Average price per share: NOK 50.6
	Aggregated volume -	Total number of shares: 753 shares Total price: NOK 38,101.80
	Price	31 March 2025
e)	Date of the transaction
f)	Place of the transaction	Oslo Stock Exchange, XOSL
4.12		Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the	Shares
	financial instrument, type of instrument and identification code	ISIN DK0061412772
b)	Nature of the transaction	Purchase of shares
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		NOK 49.85	14,787
		NOK 50.2	6,015
		NOK 50.3	20,837
		NOK 50.6	18,300
		NOK 51	3,066
d)	Aggregated information	Average price per share: NOK 50.31
	Aggregated volume -	Total number of shares: 63,005 shares
	Price	Total price: NOK 3,169,532.05
e)	Date of the transaction	31 March 2025
f)	Place of the transaction	XTX MARKETS SAS, XTXE