Amendment No. 2 to Schedule 13D for Cadeler A/S by BW Altor Pte. Ltd.

This Amendment No. 2 to Schedule 13D, filed by BW Altor Pte. Ltd. (BWA), updates the ownership details of Cadeler A/S shares. BWA now holds 78,495,522 ordinary shares, representing approximately 22.4% of the outstanding shares. The funds used for these acquisitions came from an equity injection by Mr. Sohmen-Pao using his personal funds. The amendment also includes details of recent transactions, such as the purchase of 2,239,501 shares on September 10, 2025, at an average price of $52.00, and 1,442,210 shares on September 30, 2025, at a weighted average price of $49.9463. The amendment does not modify any other information previously reported in the Schedule 13D.