Marcus Landelin leaves his position as COO

Hässleholm, Sweden, February 2^nd, 2022

Eolus COO, Marcus Landelin, has decided to leave Eolus in favor of conducting business through NIMA Energy AB.

Marcus will leave in late April 2022, and the recruitment process for his successor is ongoing. Marcus has been employed by Eolus as COO since December 2015 and has been a member of the group management.

-With his great drive and commitment during his time at Eolus Marcus has played an important role for our strategic orientation, our transactions, and the day-to-day operations. Already now I would like to express my gratitude to Marcus for his contributions to Eolus, our good cooperation and like to wish him good luck with his new business endeavors, says Eolus CEO Per Witalisson.

-After more than six years at Eolus it is time for me to move on within renewables to run my own business. During the years we have made several innovative transactions, developed the project portfolio, and diversified into new technologies and markets. At the same time the team has grown with highly skilled employees and leaders within the operational functions. Going forward, Eolus is on an exciting journey, and it has been a pleasure to lead the company with Per and contribute to our success together with competent and committed employees, says Marcus Landelin.

For further information contact:

Per Witalisson, CEO, +46 70-265 16 15
Johan Hammarqvist, Head of Communications, +46 720 50 59 11

The information in this press release is disclosed pursuant to the EU Market Abuse Regulation. The information was released for public disclosure through the agency of head of communication Johan Hammarqvist on February 2^nd, 2022, at 2.00 PM CET.

About Eolus:
Eolus Vind AB is one of the leading wind power developers in the Nordics. Eolus is active in the whole value chain from development of green field projects to construction and operation of wind farms. Eolus offers attractive and competitive investments in the Nordic and Baltic countries, Poland as well as the United States to both local and international investors. Founded in 1990, Eolus has constructed 666 wind turbines with a capacity of 1 414 MW. Eolus has signed contracts for about 1 330 MW of asset management services of which 921 MW are in operation and the rest under construction.

Eolus Vind AB has 34 500 shareholders. Eolus shares are listed at Nasdaq Stockholm.

For more information about Eolus, please visit www.eolusvind.com

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• 220202 Press release Marcus Landelin leaves his position as COO