Cloudberry Clean Energy ASA

Share Issue/Capital Change • Apr 2, 2025

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, al@cloudberry.no Ole-Kristofer Bragnes, CFO, +47 917 03 415, okb@cloudberry.no Ingrid Bjørdal, CSO, +47 971 96 907, ib@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, Sweden and Lemvig Denmark. To learn more about Cloudberry, go to www.cloudberry.no