Cloudberry Clean Energy ASA

Cloudberry Clean Energy ASA | Mandatory notification of trade

Reference is made to the stock exchange announcement made by Cloudberry Clean

Energy ASA ("Cloudberry") on 3 September 2025 regarding the exercise of warrants

(Nw.: frittstående tegningsretter), each giving the right to one share in

Cloudberry, including the exercise of 545,000 warrants by CEO and primary

insider Anders Lenborg.

Anders Lenborg, CEO and primary insider of Cloudberry, has on 23 December 2025

sold 100 000 shares in Cloudberry at a price of NOK 12.92 per share. Following

the transaction, Mr. Lenborg directly and through his close associate hold 1 855

156 shares and 6,650,000 warrants in Cloudberry.

The proceeds from the sale will be used partly to cover tax obligations

resulting from the exercise of warrants on 03 September 2025.

See the attached form for further details about the transaction.

This information is subject to the disclosure requirements pursuant to the

Market Abuse Regulation (EU) 596/2014 Article 19 number 3 and 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, Sweden and Lemvig, Denmark. To

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

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