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Regulatory press release

CADELER A/S: NOTIFICATION OF MAJOR SHAREHOLDING

Cadeler
Copenhagen, December 1, 2025: Cadeler A/S ("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.

BW Altor Pte. Ltd.'s direct shareholding in Cadeler has changed in connection
with BW Altor Pte. Ltd.'s purchase of 17,510,330 shares in Cadeler on 27
November 2025.

As a consequence thereof, BW Altor held beneficial ownership, as of 27 November
2025, of 96,005,852 Cadeler shares of a nominal value of DKK 1 each,
corresponding to 27.36% (latest major shareholder notification was made at
20.41%) of Cadeler's total share capital and voting rights.

BW Altor Pte. Ltd. is a limited liability company organised under the laws of
The Republic of Singapore under the registration number 202035228G with its
registered address at 10 Pasir Panjang Road #18-01, Mapletree Business City,
Singapore 117438. BW Altor Pte. Ltd. is ultimately controlled by Andreas
Sohmen-Pao.
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, 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).

For more information, please visit www.cadeler.com
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