MARKET WIRE NEWS

Cadeler Opens New UK Office in Norwich, Reinforcing Its Commitment to the Region's Growing Offshore Wind Industry

MWN-AI** Summary

Cadeler, a prominent player in the offshore wind installation and services sector, has launched its new UK office in Norwich, enhancing its presence in the rapidly growing offshore wind market. This relocation from Great Yarmouth to a larger and more modern office space aims to support Cadeler’s expanding project portfolio across the UK and Europe, with several offshore wind initiatives currently in progress and more anticipated.

The Norwich office will act as a central hub for Cadeler’s engineering, project management, and commercial teams, facilitating collaboration between global expertise and local talent. Designed with flexibility in mind, the office offers dedicated collaboration areas, meeting rooms, and Scandinavian-inspired aesthetics to promote innovation and teamwork. This upgraded workspace reflects Cadeler’s values of openness and respect, providing an environment where employees can excel both professionally and personally.

Sarah Kaldas, Chief Sales Officer and General Manager UK at Cadeler, emphasized that the new office symbolizes the company's growth and commitment to the offshore wind sector in the UK. She noted that this transition allows for better innovation and collaboration, ultimately delivering enhanced value to clients and partners.

To celebrate the opening of its Norwich office, Cadeler hosted an inauguration event on November 4th, bringing together clients and partners for an evening filled with networking and camaraderie.

As a global leader in offshore wind services with the largest fleet of jack-up installation vessels, Cadeler is dedicated to driving the sustainable energy transition. The company is currently listed on both the New York Stock Exchange and Oslo Stock Exchange, further solidifying its commitment to expanding in the offshore wind industry. For more information, visit www.cadeler.com.

MWN-AI** Analysis

Cadeler's recent expansion into a new office in Norwich marks a significant strategic move within the rapidly growing offshore wind industry in the UK. As a global leader in offshore wind installation, this relocation not only reflects the company’s commitment to enhancing its operational capabilities but also indicates its optimistic outlook on the UK's energy transition efforts. Investors and stakeholders should take note of this development, as it embodies a proactive approach to meet increasing demand in the renewables sector.

The new office provides Cadeler with the necessary infrastructure to expand its project portfolio, confirmed by CEO Mikkel Gleerup's remarks on their ambition and commitment to local talent. This expansion enables Cadeler to better align its global resources with regional expertise, a critical component for delivering on complex offshore projects. The investment in modern workspace also illustrates an intent to foster innovation and collaboration within teams, an essential factor as the industry navigates rapid technological advancements and regulatory demands.

Given the UK's ambitious climate targets and its push towards expanding offshore wind capacity, companies like Cadeler are well-positioned to capitalize on forthcoming opportunities. Industry analysts should monitor Cadeler’s operational progress and contract awards closely, as these metrics will likely drive stock performance on both the New York (CDLR) and Oslo (CADLR) exchanges.

In summary, Cadeler's establishment of its Norwich office aligns well with the growth trajectory of the offshore wind sector in the UK. As pressure mounts globally to transition to cleaner energy, Cadeler’s strategic investments could yield compelling returns, making it a company to watch in an increasingly sustainable future. Investors should remain attuned to the developments within Cadeler's project pipeline, as successful execution will be critical for its competitiveness and market valuation.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: Business Wire

Cadeler, a key partner in offshore wind installation and services, has officially opened its new UK office in Norwich, marking another step in the company’s continued growth and reinforcing its presence in the UK offshore wind market.

The relocation of Cadeler’s UK-based team from Great Yarmouth to Norwich, and to a significantly larger and more modern workspace, is designed to support Cadeler’s expanding portfolio of projects across the UK and the rest of Europe. Cadeler’s UK operations play a central role in the company’s global footprint, with several offshore wind projects currently underway in UK waters and more in the pipeline. Cadeler’s new office in Norwich will serve as a central hub for its engineering, project management, and commercial teams – connecting global expertise with local industry talent and knowledge.

Creating space for Cadeler’s team to thrive

The new premises feature flexible workspaces, dedicated collaboration areas, meeting facilities, and Scandinavian design, creating an inspiring environment that supports innovation and teamwork. With more space, an enhanced office environment, and room to grow, the Norwich office provides a welcoming setting that reflects Cadeler’s culture of openness, collaboration and respect – a place where colleagues feel empowered to do their best work and where they can thrive both professionally and personally.

Sarah Kaldas, Chief Sales Officer and General Manager UK at Cadeler, comments: “Our new office in Norwich is more than just a new location – it’s a reflection of Cadeler’s growth, our ambition, and our strong commitment to the UK offshore wind sector. This move gives us the space and environment to innovate, collaborate and deliver even greater value to our clients and partners. We are proud to continue investing in the region and its people as we help accelerate the build-out of offshore wind.”

Celebrating Cadeler’s new home in Norwich

Cadeler hosted an inauguration party on 4 November, bringing together clients, partners, and friends of the company for an evening of food, conversation, and celebration. The event honoured the opening of Cadeler’s new home in Norwich, but also the people and partnerships that continue to drive Cadeler’s success in the region.

About Cadeler:

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 a decade 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 and to 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 .

View source version on businesswire.com: https://www.businesswire.com/news/home/20251105895427/en/

For further information, please contact:

Cadeler Press Office
+45 2830 6905
press@cadeler.com

Mikkel Gleerup
CEO, Cadeler
+45 3246 3102
mikkel.gleerup@cadeler.com

Alexander Simmonds
EVP & CLO, Cadeler
+44 7376 174172
alexander.simmonds@cadeler.com

FAQ**

How does Cadeler A/S plan to leverage the new Norwich office to enhance the operations of its American Depositary Share (each representing four (4) Ordinary Shares) CDLR in the competitive UK offshore wind market?

Cadeler A/S aims to utilize its new Norwich office to streamline operations, boost local collaboration, and strengthen its position in the competitive UK offshore wind market, thereby enhancing the overall performance and visibility of its American Depositary Shares (CDLR).

What specific projects in the UK are currently driving the demand for Cadeler A/S American Depositary Share (each representing four (4) Ordinary Shares) CDLR, and how will the new office support these initiatives?

Current UK projects driving demand for Cadeler A/S CDLR include offshore wind farms and renewable energy initiatives, with the new office enhancing local support, facilitating logistics, and strengthening partnerships to effectively address these growing market needs.

In what ways will the expansion of Cadeler A/S's presence in Norwich impact its ability to attract investment in its American Depositary Share (each representing four (4) Ordinary Shares) CDLR during the energy transition?

Cadeler A/S's expansion in Norwich is likely to enhance its visibility and credibility in the renewable energy sector, thereby attracting more investment in its American Depositary Shares (CDLR) during the energy transition by signaling commitment to growth and innovation.

How does the culture of collaboration fostered in Cadeler A/S's new Norwich office influence the company's strategies for promoting its American Depositary Share (each representing four (Ordinary Shares) CDLR to potential investors?

The culture of collaboration at Cadeler A/S's Norwich office enhances innovative teamwork and communication, enabling the company to effectively align its strategies for promoting its American Depositary Share (CDLR) with investor interests and market trends.

**MWN-AI FAQ is based on asking OpenAI questions about Cadeler A/S American Depositary Share (each representing four (4) Ordinary Shares) (NYSE: CDLR).

Cadeler A/S American Depositary Share (each representing four (4) Ordinary Shares)

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