Borr Drilling — Major Shareholding Notification 2023

Dec 21, 2023

Date:22 October 2015 ESMA/2015/1597

Standard form for notification of major holdings

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the competent authority)ⁱ

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii: Borr Drilling Limited

LEI: 213800J2JPCTXLHQ5R78

1. Reason for the notification (please tick the appropriate box or boxes):

[ ] An acquisition or disposal of voting rights

[X] An acquisition or disposal of financial instruments

[ ] An event changing the breakdown of voting rights

[ ] Other (please specify)iii:

3. Details of person subject to the notification obligationiv :

Name: The Goldman Sachs Group, Inc. City and country of registered office (if applicable): Corporation Trust Centre, 1209 Orange Street, Wilmington DE 19801, USA

4. Full name of shareholder(s) (if different from 3.)v:

1. Date on which the threshold was crossed or reachedvi: 19/12/2023

6. Total positions of person(s) subject to the notification obligation:

	% of voting rights at tached to shares (to tal of 7.A)	% of voting rights through financial instru ments (total of 7.B.1 + 7.B.2)	Total of both in % (7.A + 7.B)	Total number of voting rights of is suervii
Resulting situation on the date on which threshold was crossed or reached	0.35%	4.65%	4.999%	264,080,391
Position of previous notification (if appli cable)	0.14%	4.91%	5.05%

7. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii:

A: Voting rights attached to shares Class/type of shares ISIN code (if possible) Number of voting rightsix % of voting rights Direct (Art 9 of Directive 2004/109/EC) Indirect (Art 10 of Directive 2004/109/EC) Direct (Art 9 of Directive 2004/109/EC) (Art 10 of Directive BMG1466R1732 932,721 0.35% SUBTOTAL A 932,721 0.35%

B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC
Type of financial in strument	Expiration datex	Exercise/ Conversion Periodxi	Number of voting rights that may be ac quired if the instrument is exercised/ con verted.	% of voting rights
Securities Lending	Open		10,961,338	4.15%
		SUBTOTAL B.1	10,961,338	4.15%

B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC
Type of finan cial instrument	Expiration datex	Exercise/ Conversion Period x i	Physical or cash settle mentxii	Number of voting rights	% of voting rights
Swap	21/11/2033		Cash	245,914	0.09%
Swap	30/04/2024		Cash	225,154	0.09%
Swap	17/11/2033		Cash	157,771	0.06%
Swap	14/12/2033		Cash	128,385	0.05%
Swap	07/11/2033		Cash	109,319	0.04%
Swap	21/06/2033		Cash	81,012	0.03%

Indirect

2004/109/EC)

Swap	05/10/2026	Cash	78,415	0.03%
Swap	07/11/2033	Cash	72,883	0.03%
Swap	29/08/2033	Cash	60,638	0.02%
Swap	07/12/2033	Cash	46,456	0.02%
Swap	13/12/2028	Cash	39,820	0.02%
Swap	24/05/2033	Cash	19,72	0.007%
Swap	13/12/2033	Cash	9,048	0.003%
Swap	20/06/2033	Cash	7,995	0.003%
Swap	29/01/2030	Cash	6,546	0.002%
Swap	30/03/2026	Cash	4,901	0.002%
Swap	30/11/2033	Cash	4,518	0.002%
Swap	11/09/2026	Cash	2,505	0.0009%
Swap	21/06/2033	Cash	2,466	0.0009%
Swap	08/12/2028	Cash	1,898	0.0007%
Swap	20/06/2033	Cash	896	0.0003%
Swap	03/10/2033	Cash	835	0.0003%
Swap	03/10/2033	Cash	557	0.0002%
Swap	19/12/2033	Cash	433	0.0002%
		SUBTOTAL B.2	1,308,106	0.50%

1. Information in relation to the person subject to the notification obligation (please tick the applicable box):

[ ] Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer.xiii

[X] Full chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv:

Namexv	% of voting rights if it equals or is higher than the notifiable thresh old	% of voting rights through financial instruments if it equals or is higher than the notifiable thresh old	Total of both if it equals or is higher than the notifiable threshold
The Goldman Sachs Group, Inc.
Goldman Sachs (UK) L.L.C.
Goldman Sachs Group UK Limited
Goldman Sachs International
The Goldman Sachs Group, Inc.
Goldman Sachs & Co. LLC
The Goldman Sachs Group, Inc.
GSAM Holdings LLC
Goldman Sachs Asset Management, L.P.
The Goldman Sachs Group, Inc.
Goldman Sachs Bank USA
Goldman Sachs Bank Europe SE
The Goldman Sachs Group, Inc.
The Goldman Sachs Trust Company Na tional Association

The Goldman Sachs Trust Company of
Delaware

1. In case of proxy voting: [name of the proxy holder] will cease to hold [% and number] voting rights as of [date]

10. Additional informationxvi:

Please note, the total amount of voting rights has been rounded to 2 decimal places and therefore there is a possibility of a rounding difference.

General email contact: gs-regops-emea-position-enquiries@gs.com

Done at London 20/12/2023

Annex: Notification of major holdings (only to be filed with competent authority and not with the relevant issuer)

A: Identity of the person subject to the notification obligation

Full name (including legal form for legal entities) The Goldman Sachs Group, Inc.

Contact address (registered office for legal entities) Corporation Trust Center, 1209 Orange Street, Wilmington DE 19801, USA

E-Mail Sunaina.Kapoor@gs.com

Phone number / Fax number +44 207 051 3075

Other useful information (at least legal a contact person for legal persons) Alexandra J Wessel Email: gs-reg-ops-legal-queries@gs.com Tel: +44 207 774 5006

B: Identity of the notifier, if applicable

Goldman Sachs International

Contact address

25, Shoe Lane, Plumtree Court, London, EC4A 4AU, UK

E-Mail

Phone number / Fax number

Other useful information (e.g. functional relationship with the person or legal entity subject to the notification obligation)

Goldman Sachs International is an indirect wholly owned subsidiary of The Goldman Sachs Group, Inc.

C: Additional information: