Reference is made to the stock exchange announcement by Edda Wind ASA (?Edda Wind? or the ?Company?) on 2 March 2023 regarding the ordering of four commissioning service operation vessels (?CSOV?) newbuilds to be built by Vard Group. Edda Wind announce that the Company has entered into a green term loan facility agreement for the pre- and postdelivery financing of the four vessels under construction at Vard.

The agreement is a EUR 161 million green loan facility with Crédit Agricole Corporate and Investment Bank, Danske Bank A/S, DNB Bank ASA and SpareBank 1 SR-Bank ASA, with expiry in 2029 and a profile of 12 years. The facility corresponds to a leverage ratio of 60% of the ready for sea cost of the vessels.