Awilco Drilling PLC — Capital/Financing Update 2023

Jun 29, 2023

Awilco Drilling PLC: Extension of Short-term Financing

Awilco Drilling PLC: Extension of Short-term Financing

Reference is made to the stock exchange notice from Awilco Drilling PLC ("Awilco

Drilling" or the "Company") (Euronext Growth: AWDR) published on 23 May.

The Maturity Date for the short-term shareholder loan has been extended to 15

July 2023.

Aberdeen, 29 June 2023

For further information please contact:

Eric Jacobs, Interim CEO

Phone: +47 95 29 22 71

Cathrine Haavind, Investor Relations

Phone: +47 93 42 84 64

Email: ch@awilcodrilling.com (mailto:ch@awilcodrilling.com)

This information is subject of the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.