Copenhagen, 1 April 2026: Cadeler A/S (OSE: CADLR, NYSE: CDLR) ("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. 

Folketrygdfondet's direct shareholding in Cadeler has been reduced due to
dilution resulting from the issuance of 35,095,758 new shares as part of a
private placement in Cadeler (the "Private Placement"). Reference is made to the
stock exchange announcement published by Cadeler on 26 March 2026 regarding the
results of the Private Placement. Folketrygdfondet's direct shareholding in
Cadeler continues to be 18,462,464 shares of a nominal value of DKK 1 each,
corresponding to 4.78% of Cadeler's total share capital and voting rights
following the capital increase carried out in connection with the Private
Placement. 

Folketrygdfondet manages the Government Pension Fund Norway (GPFN) at the behest
of the Norwegian Ministry of Finance and the activities of Folketrygdfondet are
governed by Act of 29 June 2007 No. 44 relating to Folketrygdfondet.
Folketrygdfondet is organised under the laws of Norway under the registration
number 971 525 061 with its registered address at Haakon VIIs gate 2, Postboks
1845 Vika, 0123 Oslo, Norway.

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 A/S

Cadeler is a global leader in offshore wind installation, operations, and
maintenance services. Cadeler is a pure play company, operating solely in the
offshore wind industry with an uncompromising focus on safety and the
environment. Cadeler owns and operates the industry's largest fleet of jack-up
offshore wind installation vessels and has for more than 10 years been a key
supplier in the development of offshore wind energy to power millions of
households. Cadeler's fleet, expertise and capacity to handle the largest and
most complex next-generation offshore wind installation projects positions the
company to deliver exceptional services to the industry. Cadeler is committed to
being at the forefront of sustainable wind farm installation and to enabling the
global energy transition towards a future built on renewable energy. Cadeler is
listed on the New York Stock Exchange (ticker: CDLR) and the Oslo Stock Exchange
(ticker: CADLR).

To learn more, please visit www.cadeler.com.