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Borr Drilling Major Shareholding Notification 2018

Feb 27, 2018

Major Shareholding Notification

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Notification

Drew Holdings Limited has on 27 February 2018 entered into a forward contract of 1,000,000 shares in Borr Drilling.

The forward contract will expire 26 February 2019 at a price of NOK 33.6625/share.

Tor Olav Trøim, chairman of the Board in Borr Drilling LTD, has beneficiary interest in Drew Holdings Ltd.

Trøim and his affiliated parties will including forward contracts, represent an ownership of 38,410,588 shares or 8.03%.

This information is subject to duty of disclosure pursuant

to Section 4-2 of the Norwegian Securities Trading Act.