Copenhagen, 19 October 2023: Cadeler A/S has received notification pursuant to
article 19 of the Market Abuse Regulation (EU) no. 596/2014 of the below
transaction related to shares in Cadeler A/S made by persons discharging
managerial responsibilities in Cadeler A/S and/or persons closely associated
with them.

BW Altor Pte. Ltd., closely associated person to Andreas Sohmen-Pao, Chairman of
the Board of Directors, has made the transactions described in the attached
notification on the dates set out therein.

Please see attached file for further details.

For further information, please contact:

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

About Cadeler A/S:
Cadeler A/S is a key supplier within the offshore wind industry for installation
services and marine and engineering operations with a strong 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 premium services to the industry. Cadeler owns and operates 2 turbine
installation vessels with delivery of additional 2 turbine installation vessel
and 2 foundation installation vessels during 2024-2026. Cadeler is headquartered
in Denmark and employs around 250 people. Cadeler is listed on the Oslo Stock
Exchange (OSE: CADLR)
Visit www.cadeler.com for more information.