Mandatory notification of trade by primary insiders

The following board members of Cloudberry Clean Energy ASA have subscribed for new shares in the Company:

• Tove Feld, chair of the Company, has subscribed 18,658 new shares and will, following completion of the capital increase, hold 61 799 shares in the Company.
• Petter W. Borg, board member of the Company, has subscribed 9,329 new shares and will, following completion of the capital increase, hold 38 114 shares in the Company. Petter W. Borg also holds 1,244,791 shares in the Company through Caddie Invest AS which is a company closely related to Petter W. Borg.
• Henrik Joelsson, board member of the Company, has subscribed 9,329 new shares and will, following completion of the capital increase, hold 30 349 shares in the Company. Henrik Joelsson also holds 40,000 shares in the Company through HJ Business Development AB which is a company closely related to Henrik Joelsson.
• Benedicte H. Fossum, board member of the Company, has subscribed 9,329 new shares and will, following completion of the capital increase, hold 26 546 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. Further, Jeshol AS, a company closely related to Benedicte H. Fossum holds 80,000 shares in the Company.
• Alexandra Koefoed, board member of the Company, has subscribed 9,329 new shares and will, following completion of the capital increase, hold 30 899 shares in the Company.
• Nicolai Nordstrand, board member of the Company, has subscribed 9,329 new shares and will, following completion of the capital increase, hold 75 349 shares in the Company.
• Mads Andersen, board member of the Company, has subscribed 9,329 new shares and will, following completion of the capital increase, hold 9,329 shares in the Company.

The transactions took place on 28 May 2025 at a price per share of NOK 10.39 per share. Cloudberry refers to the attached notifications for persons discharging managerial responsibilities in the company in accordance with Regulation EU 596/2014 (MAR) article 19.

For further information please contact:

Ole-Kristofer Bragnes, CFO, +47 91 70 34 15, okb@cloudberry.no

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

This information is subject to disclosure requirements set out in the Market Abuse Regulation EU 596/2014 Article 19 and the Norwegian Securities Trading Act Section 5-12.

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 (Euronext 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