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Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.

Regulatory press release

CLOUD: Notification of Large Shareholding

Cloudberry Clean Energy
On behalf of Skovgaard Capital ApS (former Jørgen Skovgaard Holding ApS), we
hereby send the following notification on disclosure of large shareholdings in
Cloudberry Clean Energy ASA:

Reference is made to the Norwegian Securities Trading Act section 4-2 regarding
disclosure of large shareholdings.
Following a capital increase in the company, Skovgaard Capital ApS now holds
less than 10% of the company's share capital and voting rights, through a total
of 31.836.901 shares in Cloudberry Clean Energy ASA.
We remain at your disposal should you require any further information regarding
this update.

About the notifier:
Skovgaard Capital ApS is indirectly controlled by Jørgen Skovgaard through the
following company:
JSkov Holding 2015 ApS (CVR-no. 37851574).
Neither Jørgen Skovgaard, Skovgaard Capital ApS, JSkov Holding ApS nor any of
their affiliates have any further rights to shares or votes in Cloudberry.

For further information, please contact:
Chlinton Arendahl Nielsen
CAN@skovgaardcapital.dk
+45 40 27 45 04