Cloudberry Clean Energy ASA

Cloudberry Clean Energy ASA | New share capital registered

Oslo, 02.04 2025 - Reference is made to the stock exchange announcement made by

Cloudberry Clean Energy ASA (the "Company") on 28 March 2025 for the issuance of

28,658,555 new shares in the Company (the "Consideration Shares") as partial

settlement in connection with completion of the agreement entered into with

Jørgen Skovgaard Holding Aps.

The share capital increase pertaining to issuance of the Consideration Shares

has today been registered with the Norwegian Register of Business Enterprises.

The Company's new share capital is NOK 79,326,248, divided into 317,304,992

shares, each with a par value of NOK 0.25.

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

contact:

Anders Lenborg, CEO, +47 934 13 130, [email protected]

Ole-Kristofer Bragnes, CFO, +47 917 03 415, [email protected]

Ingrid Bjørdal, CSO, +47 971 96 907, [email protected]

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, Sweden and Lemvig Denmark. To

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

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