Cloudberry Clean Energy Annual report 2022

Cloudberry Annual report 2022 Introduction 6 Overview and highlights 1 Asset portfolio per reporting date with proportionate ownership to Cloudberry. 2 Duvhällen project included as 60 MW – Cloudberry has grid capacity permit for 30 MW and has applied for increased grid capacity to match the construction permit. 3 Odin transaction is pedning governmental approval and expected to close in Q2 2023. The capacity and production figures assumes no triggering of pre-emptive rights. Production Production incl. under construction 1 Existing portfolio Capacity: 188 MW Production: 612 GWh Odin portfolio 3 Capacity: 106 MW Production: 311 GWh Total Capacity: 294 MW Production: 923 GWh Development Construction permit 2 Wind assets: 3 Capacity: 128 MW 2 Production: 389 GWh (normalized) Backlog Backlog (exclusive projects) Projects: 15 Capacity: 480 MW New projects Söderköping and Ulricehamn in Sweden, downprioritizing of Norwegian wind projects Pipeline (non-exclusive projects) Projects: >20 Capacity: >2,500 MW Example: Simpevarp Cloudberry continues to deliver profitable growth. In 2022, the company has increased its production & development portfolio and strengthened its balance sheet significantly. Below is an overview of our portfolio per reporting date, including the latest expansion to Denmark, see subsequent events.

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