Cavendish Hydrogene

Major Shareholding Notification • Jun 25, 2024

Date:22 October 2015 ESMA/2015/1597

Standard form for notification of major holdings

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the competent authority)ⁱ

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii: CAVENDISH HYDROGEN ASA

LEI: 254900D1PHII0FANVY07

1. Reason for the notification (please tick the appropriate box or boxes):

[ ] An acquisition or disposal of voting rights

[X] An acquisition or disposal of financial instruments

[ ] An event changing the breakdown of voting rights

[ ] Other (please specify)iii:

3. Details of person subject to the notification obligationiv :

Name: The Goldman Sachs Group, Inc. City and country of registered office (if applicable): Corporation Trust Centre, 1209 Orange Street, Wilmington DE 19801, USA

1. Full name of shareholder(s) (if different from 3.)v:

5. Date on which the threshold was crossed or reachedvi: 21/06/2024

6. Total positions of person(s) subject to the notification obligation:

	% of voting rights at tached to shares (to tal of 7.A)	% of voting rights through financial instru ments (total of 7.B.1 + 7.B.2)	Total of both in % (7.A + 7.B)	Total number of voting rights of is suervii
Resulting situation on the date on which threshold was crossed or reached	0.46%	5.67%	6.13%	33,618,145
Position of previous notification (if appli cable)	0.70%	4.59%	5.29%

7. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii:

A: Voting rights attached to shares Class/type of shares ISIN code (if possible) Number of voting rightsix % of voting rights Direct (Art 9 of Directive 2004/109/EC) Indirect (Art 10 of Directive 2004/109/EC) Direct (Art 9 of Directive 2004/109/EC) (Art 10 of Directive NO0013219535 153,954 0.46% SUBTOTAL A 153,954 0.46%

B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC
Type of financial in strument	Expiration datex	Exercise/ Conversion Periodxi	Number of voting rights that may be acquired if the instrument is exer cised/ converted.	% of voting rights
Securities Lending	Open		1,046,923	3.11%
		SUBTOTAL B.1	1,046,923	3.11%

B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC
Type of financial instrument	Expiration datex	Exercise/ Conversion Pe riod x i	Physical or cash settlementxii	Number of voting rights	% of voting rights
Swap	20/10/2033		Cash	374,316	1.11%
Swap	22/01/2027		Cash	256,550	0.76%
Swap	24/03/2031		Cash	68,464	0.20%
Swap	21/12/2026		Cash	65,761	0.20%
Swap	30/04/2025		Cash	49,662	0.15%
Swap	24/08/2032		Cash	21,128	0.06%
Swap	19/04/2029		Cash	9,994	0.03%
Swap	03/04/2029		Cash	3,318	0.01%
Swap	19/01/2027		Cash	3,085	0.01%

Indirect

2004/109/EC)

Swap	09/09/2024	Cash	2,993	0.01%
Swap	25/01/2027	Cash	1,348	0.004%
Swap	19/07/2028	Cash	1,143	0.003%
Swap	31/01/2039	Cash	890	0.003%
Swap	26/09/2033	Cash	405	0.001%
Swap	23/09/2024	Cash	85	0.0003%
Swap	02/08/2024	Cash	7	0.00002%
Swap	15/08/2024	Cash	3	0.00001%
		SUBTOTAL B.2	859,154	2.56%

1. Information in relation to the person subject to the notification obligation (please tick the applicable box):

[ ] Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer.xiii

[X] Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv:

Namexv	% of voting rights if it equals or is higher than the notifiable thresh old	% of voting rights through financial instruments if it equals or is higher than the notifiable thresh old	Total of both if it equals or is higher than the notifiable threshold
The Goldman Sachs Group, Inc.
Goldman Sachs (UK) L.L.C.
Goldman Sachs Group UK Limited
Goldman Sachs International

The Goldman Sachs Group, Inc.
Goldman Sachs & Co. LLC
The Goldman Sachs Group, Inc.
Goldman Sachs Bank USA
Goldman Sachs Bank Europe SE
The Goldman Sachs Group, Inc.
GSAM Holdings LLC
Goldman Sachs Asset Management, L.P.

1. In case of proxy voting: [name of the proxy holder] will cease to hold [% and number] voting rights as of [date]

10. Additional informationxvi:

Please note, the total amount of voting rights have been rounded to 2 decimal places therefore there is a possibility of a rounding error.

General email contact:

gs-regops-emea-position-enquiries@gs.com

Done at London on 24/06/2024.