5 November 2026 - Reference is made to the stock exchange announcement dated 21
September 2026 made by Cadeler A/S ("Cadeler", and together with its
consolidated subsidiaries, the "Cadeler Group") regarding the launch of the
voluntary offer (the "Offer") by Cadeler plc to all holders of shares in
Cadeler, each with a nominal value of DKK 1.00 (the "Cadeler Shares"), including
Cadeler Shares represented by American Depositary Shares (each representing four
(4) Cadeler Shares) ("Cadeler ADSs"), to exchange each Cadeler Share for one (1)
share in Cadeler plc, each with a nominal value of USD 1.00, in connection with
the contemplated redomiciliation of the Cadeler Group's parent company from
Denmark to the United Kingdom (the "Redomiciliation"), and to the stock exchange
announcement made by Cadeler on 29 October 2026 regarding the contemplated
suspension of trading in the Cadeler Shares.

This is a reminder that trading in the Cadeler Shares (ticker: "CADLR", ISIN
DK0061412772) on the Oslo Stock Exchange will be suspended today, 5 November
2026, from the opening of trading until the Cadeler Shares are delisted.

The suspension is being implemented to avoid simultaneous trading in the shares
of both Cadeler and Cadeler plc (ticker: "CDLR" and ISIN GB00BN49H029) on the
Oslo Stock Exchange during the period until the Cadeler Shares are delisted,
including the period prior to commencement of the Squeeze-out (as defined
below).

Further, trading of the Cadeler ADSs on the New York Stock Exchange is expected
to be suspended before market open today, 5 November 2026, with delisting of the
Cadeler ADSs from the New York Stock Exchange taking effect in 10 days. In
addition, Cadeler's American Depositary Receipt programme will be terminated.

As announced in the stock exchange announcement made by Cadeler on 29 October
2026, Cadeler plc intends, as promptly as practicable, to initiate a compulsory
acquisition of the Cadeler Shares (including Cadeler Shares represented by
Cadeler ADSs) not acquired in the Offer, for cash, in accordance with the Danish
Companies Act (the "Squeeze-out"). To initiate the Squeeze-out, Cadeler plc will
publish a notice on or about 9 November 2026 requesting that remaining Cadeler
shareholders transfer their Cadeler Shares, including Cadeler Shares represented
by Cadeler ADSs (the "Squeeze-out Cadeler Shares"), to Cadeler plc, against
payment of cash consideration, within a four-week period, with both the cash
consideration and the four-week period set out in such notice. After the expiry
of such four-week period, any Squeeze-out Cadeler Shares not committed to be
transferred will be acquired compulsorily by Cadeler plc against payment of the
cash consideration.

The suspension will remain in effect until the Cadeler Shares are delisted from
the Oslo Stock Exchange. Cadeler intends to hold an extraordinary general
meeting following expiry of the Squeeze-out period to approve the delisting of
the Cadeler Shares from the Oslo Stock Exchange. The delisting will be subject
to an application to, and approval by, the Oslo Stock Exchange following
completion of the Squeeze-out. Cadeler will remain subject to its disclosure
obligations as an issuer listed on the Oslo Stock Exchange until the delisting
has become effective.

Shareholders of Cadeler who have validly tendered their Cadeler Shares
(including Cadeler Shares represented by Cadeler ADSs) in the Offer have
received Cadeler plc shares, which are expected to be admitted to trading and be
tradeable on the Oslo Stock Exchange and the New York Stock Exchange today, 5
November 2026.

Further information

For further information about the Offer, reference is made to the combined
EU/EEA prospectus and offer document dated 21 September 2026, which is available
at: https://ir.cadeler.com/ and www.dnb.no/emisjoner, subject to regulatory
restrictions in certain jurisdictions, and the Registration Statement on Form
F-4 under the U.S. Securities Act of 1933, as amended, which includes an
offering prospectus/offer to exchange, available free of charge at the website
of the U.S. Securities and Exchange Commission at www.sec.gov and on Cadeler's
website at www.cadeler.com.

Contact information

For further information, please contact:

Cadeler Press Office: press@cadeler.com

Mikkel Gleerup
CEO, Cadeler
+45 3246 3102
mikkel.gleerup@cadeler.com 

Alexander Simmonds
EVP & CLO, Cadeler
+44 7376 174172
alexander.simmonds@cadeler.com 

About Cadeler plc

Cadeler plc is a public limited company incorporated under the laws of England
and Wales for the purpose of facilitating the Redomiciliation. As at the date of
this announcement, Cadeler plc has not carried out any operations or activities
other than in connection with the Offer and the Redomiciliation, and has only
nominal assets and no liabilities.

As of the date hereof, Cadeler plc is the ultimate parent company of the Cadeler
Group, and the business carried out by Cadeler plc and its subsidiaries is the
same as the business carried out by Cadeler and its subsidiaries immediately
prior to the Redomiciliation. All current members of the board of directors of
Cadeler A/S continue to serve on the board of directors of Cadeler plc, and the
executive management of the Cadeler Group remains unchanged. Cadeler plc will be
listed on the New York Stock Exchange (ticker: CDLR) and the Oslo Stock Exchange
(ticker: CDLR) today, 5 November 2026. For more information, please visit
www.cadeler.com.

About Cadeler

Cadeler A/S (Cadeler) is a pure-play offshore wind installation partner and a
global leader in offshore wind turbine transport and installation. The company
owns and operates the industry's largest fleet of jack-up offshore wind
installation vessels and is expanding its capabilities into full-scope
foundation transport and installation, as well as operations & maintenance. With
its modern fleet and depth of expertise across onshore and offshore operations,
Cadeler supports the safe, efficient and reliable delivery of offshore wind
projects worldwide. Cadeler is listed on the New York Stock Exchange (ticker:
CDLR) and the Oslo Stock Exchange (ticker: CADLR). For more information, please
visit www.cadeler.com.

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

Forward-Looking Statements

This communication includes forward-looking statements with respect to the
Redomiciliation and Offer, including statements regarding the anticipated timing
of the Redomiciliation. These forward-looking statements are generally
identified by terminology such as "believe," "may," "will," "potentially,"
"estimate," "continue," "anticipate," "intend," "could," "would," "should,"
"project," "target," "plan," "expect," or the negatives of these terms or
variations of them or similar terminology. The absence of these words, however,
does not mean that the statements are not forward-looking. These forward-looking
statements are based upon current expectations, beliefs, estimates and
assumptions considered reasonable as and when made by Cadeler plc and its
management, and Cadeler and its management, as the case may be. Such
forward-looking statements are subject to risks, uncertainties, and other
factors that could cause actual results to differ materially from those
expressed or implied by such forward-looking statements. New risks and
uncertainties may emerge from time to time, and it is not possible to predict
all risks and uncertainties. Neither Cadeler plc nor Cadeler undertakes any
obligation to update any such statements in light of any future event or
circumstance, or to conform such statements to actual results. Past performance
should not be relied upon, and is not, a guarantee of future performance.

Many factors could cause actual future events to differ materially from the
forward-looking statements in this communication, not all of which are within
Cadeler plc's control. The foregoing is not exhaustive. There can be no
assurance that future developments affecting Cadeler plc, Cadeler or the Cadeler
Group will be those that the Cadeler Group has anticipated. 

These forward-looking statements involve a number of risks, uncertainties (some
of which are beyond Cadeler plc's or Cadeler's control) or other assumptions
that may cause actual results or performance to be materially different from
those expressed or implied by these forward-looking statements or from
historical experience and present expectations or projections. You should
carefully consider the foregoing factors and the other risks and uncertainties
that affect the Cadeler Group's business, including those described in Cadeler's
Annual Report also published on Form 20-F for the fiscal year ended 31 December
2025, Cadeler's interim financial reports for the period ended 30 June 2026,
Cadeler's stock exchange announcements published through the Oslo Stock
Exchange, reports on Form 6-K and other documents filed from time to time by
Cadeler with the SEC. Cadeler plc and Cadeler wish to caution you not to place
undue reliance on any forward-looking statements, which speak only as of the
date hereof. This communication and related materials speak only as of the date
hereof and, except as required by law, Cadeler plc and Cadeler are not
undertaking any obligation to update or revise any forward-looking statements
whether as a result of new information, future events or otherwise.
erials speak only as of the date\
hereof and\, except as required by law\, Cadeler plc and Cadeler are not\
undertaking any obligation to update or revise any forward-looking statements\
whether as a result of new information\, future events or otherwise.\