Edda Wind AS — Share Issue/Capital Change 2023

Mar 6, 2023

New share capital registered

New share capital registered

Haugesund, 6 March 2023: Reference is made to the stock exchange announcement on 2 March 2023 by Edda Wind ASA (“Edda Wind” or the “Company”) regarding the successful placement of the private placement as described therein (the “Private Placement”) and the resolution by the Board of Directors to issue 6,431,448 new shares (the “New Shares”) in Tranche 1 of the Private Placement in the Company pursuant to an authorization granted by the Company’s general meeting on 6 May 2022.

The share capital increase pertaining to the issuance of the New Shares has today been registered with the Norwegian Register of Business Enterprises (Nw. Foretaksregisteret). Edda Wind’s new share capital is NOK 7,074,593.60, divided into 70,745,936 shares, each with a nominal value of NOK 0.10.

The new shares in Tranche 1 will be delivered to Wilhelmsen New Energy AS as redelivery of shares under a share lending agreement between DNB Markets, a part of DNB Bank ASA (on behalf of ABG Sundal Collier ASA, Arctic Securities AS, DNB Markets, a part of DNB Bank ASA, Fearnley Securities AS and Pareto Securities AS, the joint bookrunners in the Private Placement) and the Company. The share lending agreement was entered into in connection with the Private Placement for the purpose of facilitating delivery of existing and unencumbered shares in the Company that were already listed on Oslo Børs to the investors who were allocated shares in Tranche 1 of the Private Placement on a delivery-vs-payment basis.

For further information, please contact:

Kenneth Walland, CEO Edda Wind

Phone: +47 916 93 418

E-mail: kenneth.walland@eddawind.com

Tom Johan Austrheim, CFO Edda Wind

Phone: +47 982 09 873

E-mail: tom.johan.austrheim@eddawind.com

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.