Borr Drilling — Director's Dealing 2021

Dec 28, 2021

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Magnus Vaaler
2	Reason for the notification
a)	Position/status	Chief Financial Officer
b)	Initial notification/Amendment	Initial notification
3	Details of issuer
a)	Name	Borr Drilling Limited
b)	LEI	213800J2JPCTXLHQ5R78
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type
		of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial	Subscription for shares in private placement in Borr Drilling Limited (ISIN:
	instrument, type of instrument	BMG1466R1732)
	Identification code
b)	Nature of the transaction	Purchase
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		USD 2.25	10,000
d)	Aggregated information	10,000 shares subscribed for a price of USD 2.25
	Aggregated volume —
	Price —
e)	Date of the transaction	28/12/2021
f)	Place of the transaction	Oslo Stock Exchange (MIC: XOSL)

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Patrick Schorn
2	Reason for the notification
a)	Position/status	Chief Executive Officer
b)	Initial notification/Amendment	Initial notification
3	Details of issuer
a)	Name
		Borr Drilling Limited
b)	LEI	213800J2JPCTXLHQ5R78
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial	Subscription for shares in private placement in Borr Drilling Limited (ISIN:
	instrument, type of instrument	BMG1466R1732)
	Identification code
b)	Nature of the transaction	Purchase
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		2.25	200,000
d)	Aggregated information	200,000 shares subscribed for a price of USD 2.25
	Aggregated volume —
	Price —
e)	Date of the transaction	28/12/2021
f)	Place of the transaction	Oslo Stock Exchange (MIC: XOSL)

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Drew Holdings Limited
2	Reason for the notification
a)	Position/status	Company affiliated with Director and Vice Chairman Tor Olav Trøim
b)	Initial notification/Amendment	Initial notification
3	Details of issuer
a)	Name	Borr Drilling Limited
b)	LEI	213800J2JPCTXLHQ5R78
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type
	of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial		Subscription for shares in private placement in Borr Drilling Limited (ISIN:
	instrument, type of instrument	BMG1466R1732)
	Identification code
b)	Nature of the transaction	Purchase
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		2.25	1,333,333
d)	Aggregated information	1,333,333 shares subscribed for a price of USD 2.25
	Aggregated volume —
	Price —
e)	Date of the transaction	28/12/2021
f)	Place of the transaction	Oslo Stock Exchange (MIC: XOSL)