Cloudberry Clean Energy Annual report 2021

Cloudberry Annual report 2021 Financial statements 128 As of the date of the annual report the following warrants have been issued: NOK 1 000 # Warrants Grant date Expiry date Remaining years Exercise price Share Price (grant date) Warrant package #1 775 000 20.03.2020 20.03.2025 3.2 11.1 11.1 Warrant package #2 1 425 000 25.09.2020 25.09.2025 3.7 12.2 13.1 Warrant package #3 5 500 000 17.06.2021 17.06.2026 4.5 12.5 14.7 7 700 000 4.6 11.8 12.4 Per 31 December 2021, the equity incentive plan covers 3.3% of the issued shares in the Company. Note 14 Other operating expenses The table shows the breakdown on other operating expenses in 2021 and 2021. NOK 1 000 2021 2020 Lease short-term and variable 6 925 591 External accounting and auditing fees 5 023 2 350 Legal and other fees 16 058 7 303 Operating and maintenance power plants 4 426 689 Project costs 22 324 - Other 576 1 410 Total other operating expenses 55 332 12 343 Other operating expenses in 2021 include: a. Costs related to up listing from Euronext growth to Oslo Børs’ Main List in June 2021 b. Significant activity within merger & acquisitions (M&A) and associated financial and legal due diligence costs to third parties c. Project costs related to finalising the Marker wind project sold from Scanergy AS (Develop) in 2019. For information about other lease expenses and lease agreements see note 25 Lease agreements. Expenses related to statutory audit and other auditor services is presented below: NOK 1 000 2021 2020 Statutory audit 2 695 1 439 Other assuranse services 245 26 Total auditor costs 2 940 1 465

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