Cloudberry Clean Energy ASA | Mandatory Notification by Primary Insider

Oslo, Norway, 15 February 2024: The following primary insider has today purchased shares in Cloudberry Clean Energy ASA (“Company”):

• Jeshol AS, a company closely related to the board member Benedicte Fossum, acquired 40,000 shares in the Company at an average price of NOK 9.40 and will, following the transaction hold 80 000 shares in the Company. In addition, Benedicte Fossum holds 5,241 shares in the Company. Benedicte H. Fossum also holds 100,103 shares in the Company through Mittas AS which is a company closely related to Benedicte H. Fossum. In aggregate the parties hold together 185 344 shares in the Company.

• Chief Compliance and Organization Officer Ingrid Bjørdal acquired 30,000 shares in the Company at an average price of NOK 9.40 and will, following the transaction hold 110,000 shares in the Company. Ingrid Bjørdal also holds 600,000 warrants.

For information and relevant documents please visit our website www.cloudberry.no
For further information, visit our company and IR website www.cloudberry.no or 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