CADELER A/S: Notification of major holdings following the sale of existing
shares in Cadeler A/S

THE INFORMATION CONTAINED HEREIN IS NOT FOR RELEASE, PUBLICATION OR
DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN ANY JURISDICTION IN WHICH THE
DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. 
THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN
OFFER TO BUY, NOR SHALL THERE BE ANY SALE OF THE SECURITIES REFERRED TO HEREIN,
IN OR INTO ANY JURISDICTION WHERE SUCH OFFER, SOLICITATION OR SALE WOULD BE
UNLAWFUL PRIOR TO REGISTRATION OR QUALIFICATION UNDER THE SECURITIES LAWS OF ANY
SUCH JURISDICTION  

Copenhagen, 6 June, 2024: Cadeler A/S (OSE: CADLR, NYSE: CDLR) ("Cadeler")
hereby announces that it has received information that Swire Pacific Limited has
agreed to sell 12,353,125 existing shares in Cadeler, equivalent to 3.5% of the
existing shares outstanding in Cadeler, to institutional investors at a price of
64 NOK per share (the "Transaction").
Accordingly, Cadeler hereby announces that it has received the following major
shareholder notification pursuant to Section 38 of the Danish Capital Markets
Act and section 55 of the Danish Companies Act, respectively, regarding direct
and indirect holdings of shares in Cadeler.
Swire Pacific Limited's shareholding in Cadeler has changed as a consequence of
Swire Pacific Limited's disposal of 12,353,125 shares held in Cadeler.
Swire Pacific Limited has informed that it has undertaken a 30-day lock-up in
connection with the Transaction.
Following the transaction, Swire Pacific Limited's total shareholding in Cadeler
is 17,510,330 shares, corresponding to 4.99% of the total share capital and
voting rights.
Swire Pacific Limited is a limited liability company organised under the laws of
Hong Kong under the registration number 1679 with its registered address at 33rd
Floor, One Pacific Place, 88 Queensway, Hong Kong. Swire Pacific Limited is not
ultimately controlled by any natural person or legal entity.
DNB Markets, a part of DNB Bank ASA has acted as sole Bookrunner in connection
with the Transaction.

For further information, please contact:

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:

Cadeler is a key supplier of offshore wind installation, operations, and
maintenance services. Cadeler is a pure play company, solely operating in the
offshore wind industry with an uncompromising focus on safety and the
environment. Cadeler's experience as provider of high-quality offshore wind
support services, combined with innovative vessel designs, positions the company
to deliver exceptional services to the industry. Cadeler is committed to
enabling the global energy transition towards a future built on renewable
energy. Cadeler is listed on the Oslo Stock Exchange (ticker: CADLR) and the New
York Stock Exchange (ticker: CDLR). For more information, please visit
www.cadeler.com