Archer

Share Issue/Capital Change • Sep 29, 2025

Archer Limited: New share capital registered

Archer Limited: New share capital registered

Hamilton, Bermuda, 29 September 2025

Reference is made to the stock exchange announcement made by Archer Limited (the

"Company") on 25 September 2025 regarding the successful private placement (the

"Private Placement") of 8,848,000 new common shares (the "New Shares") in the

Company raising gross proceeds of the NOK equivalent of approx. USD 20 million.

The New Shares have now been registered in Euronext Securities Oslo (being the

Company's branch register under Bermuda law) as duly issued. The New Shares have

been issued on the Company's ordinary ISIN and are listed on Oslo Børs today, 29

September 2025.

Following registration of the new share capital pertaining to the issuance of

the New Shares, the Company's issued share capital is USD 993,861.34 divided

into 99,386,134 common shares, each with a nominal value of USD 0.01.

This information is subject to the disclosure requirements pursuant to Section 5

-12 of the Norwegian Securities Trading Act.