Cloudberry Clean Energy ASA

Transaction in Own Shares • Nov 6, 2023

Cloudberry Clean Energy ASA | Transactions made under the share buy-back programme

Cloudberry Clean Energy ASA | Transactions made under the share buy-back programme

Oslo, 06 November. On October 31 Cloudberry Clean Energy ASA ("Cloudberry")

announced its decision to initiate a share buy-back programme.

· The duration of the buy-back programme:  31 October 2023 until 31 December

2023 at the latest.

· Size of the buy-back programme: Up to 3,000,000 shares, with a maximum total

consideration of NOK 43,800,000.

· During week 44 2023, Cloudberry purchased 263,100 own shares at an average

price of NOK 10.7886 per share.

Below is an overview of the transactions carried out under the buy-back

programme.

Date                                      | Number of shares        | Average

price (NOK) | Total transaction value (NOK)

31/10/2023                         | 64,700                                 |

10.6404                               | 688,433.88

--------------------------------------------------------------------------------

----------------------------------------------------------------

01/11/2023                         | 67,100                                 |

10.7341                              | 720,258.11

--------------------------------------------------------------------------------

------------------------------------------------------------

02/11/2023                         | 67,500                                 |

10.8493                              | 732,327.75

--------------------------------------------------------------------------------

--------------------------------------------------------------

03/11/2023                         | 63,800                                 |

10.9319                               | 697,455.22

--------------------------------------------------------------------------------

-------------------------------------------------------------

Previously announced         | 0                                           |

0                                           | 0

under the programme

(accumulated)                       |

|

|

--------------------------------------------------------------------------------

-------------------------------------------------------------

Accumulated under

The buy back                           | 263,100                             |

10.7886                               | 2,838,474.96

programme                            |

|

|

--------------------------------------------------------------------------------

------------------------------------

The issuer's holding of own shares:

Following the completion of the above transactions, Cloudberry Clean Energy ASA

owns a total of 263,100 own shares, corresponding to 0.1% of the Company's share

capital.

Appendix:

An overview of all transactions made under the buy-back programme that have been

carried out during the above-mentioned time period is attached to this report

and available at www.newsweb.no.

This information is made public by Cloudberry pursuant to article 5 of the EU

Market Abuse Regulation and subject to the disclosure requirements pursuant to

Section 5-12 of the Norwegian Securities Trading Act.

For information please contact:

Anders Lenborg, CEO, +47 934 13 130, al@cloudberry.no

Christian Helland, CVO, +47 418 80 000, ch@cloudberry.no

Ole-Kristofer Bragnes, Senior Financial Officer, +47 917 03 415,

okb@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 in Sweden and Lemvig in Denmark. To

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