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Regulatory press release

CADELER A/S: REPORTING OF TRANSACTIONS MADE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM IN CADELER A/S' SHARES

Cadeler
Copenhagen, 13 October 2022: Pursuant to the Market Abuse Regulation article 19,
Cadeler A/S ("Cadeler" or the "Company"), shall hereby notify receipt of
information of the following transactions made by persons discharging managerial
responsibilities in Cadeler and persons closely associated with them in
Cadeler's shares and other financial instruments linked thereto in connection
with a private placement of Cadeler's shares.

Reference is made to the stock exchange announcement dated 12 October 2022
concerning the private placement of 32,850,000 new shares with a nominal value
of DKK 1 each in the Company (the "Private Placement").

1 Details of the Reporting Person and their Closely Associated Persons
a) Name BW Altor Pte. Ltd.
2 Reason for the notification
a) Position/status Closely associated person to Andreas Sohmen-Pao, chairman of
the Board of Directors and Andreas Beroutsos, member of the Board of Directors.
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Cadeler A/S
b) LEI 9845008439EUED140282
4.1 Details of the transaction(s): section to be repeated for (i) each type of
instrument
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