Borr Drilling — Major Shareholding Notification 2024

Oct 16, 2024

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

2. 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 :

5. Date on which the threshold was crossed or reachedvi: 14/10/2024

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 suer vii
Resulting situation on the date on which threshold was crossed or reached	0.27%	4.99%	5.26%	264,080,391
Position of previous notification (if appli cable)	0.38%	5.03%	5.41%

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 possi ble)	Number of voting rights	ix	% 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)	Indirect (Art 10 of Directive 2004/109/EC)
BMG1466R1732		703,871		0.27%
SUBTOTAL A	703,871		0.27%

B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC
Type of financial in strument	Expiration date x	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		11,032,244	4.18%
Convertible Bond	08/02/2028		28,032	0.01%
		SUBTOTAL B.1	11,060,276	4.19%

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	20/09/2027		Cash	633,685	0.24%
Swap	30/04/2025		Cash	214,448	0.08%
Swap	21/06/2033		Cash	192,590	0.07%
Swap	28/08/2034		Cash	127,368	0.05%
Swap	11/04/2034		Cash	96,666	0.04%

Swap	23/08/2034	Cash	82,972	0.03%
Swap	31/05/2027	Cash	82,744	0.03%
Swap	19/07/2034	Cash	81,409	0.03%
Swap	22/08/2034	Cash	57,969	0.02%
Swap	28/08/2034	Cash	55,402	0.02%
Swap	21/08/2034	Cash	53,711	0.02%
Swap	24/05/2033	Cash	52,227	0.02%
Swap	21/08/2034	Cash	51,848	0.02%
Swap	29/08/2033	Cash	48,786	0.02%
Swap	28/08/2034	Cash	45,441	0.02%
Swap	25/09/2034	Cash	43,441	0.02%
Swap	01/08/2034	Cash	43,146	0.02%
Swap	11/04/2029	Cash	36,642	0.01%
Swap	01/08/2034	Cash	26,445	0.01%
Swap	29/08/2034	Cash	25,223	0.01%
Swap	09/08/2029	Cash	23,667	0.01%
Swap	07/03/2029	Cash	15,336	0.01%
Swap	29/01/2027	Cash	7,225	0.003%
Swap	21/06/2033	Cash	6,319	0.002%
Swap	20/06/2033	Cash	5,227	0.002%
Swap	04/09/2034	Cash	2,136	0.001%
Swap	24/10/2025	Cash	1,352	0.001%
Swap	11/09/2034	Cash	902	0.0003%
Swap	13/01/2025	Cash	659	0.0002%
Swap	13/01/2025	Cash	659	0.0002%
Swap	30/08/2034	Cash	85	0.00003%
		SUBTOTAL B.2	2,115,727	0.80%

8. 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.
Goldman Sachs Bank USA
Goldman Sachs Bank Europe SE
The Goldman Sachs Group, Inc.
GSAM Holdings LLC
Goldman Sachs Asset Management, L.P.

The Goldman Sachs Group, Inc.
Goldman Sachs (UK) L.L.C.
Goldman Sachs Group UK Limited
Goldman Sachs International Bank
The Goldman Sachs Group, Inc.
The Goldman Sachs Trust Company, Na tional Association
The Goldman Sachs Trust Company of Delaware
The Goldman Sachs Group, Inc.
Folio Financial, Inc.
Folio Investments, Inc.

9. 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-rrc-emea-position-enquiries@gs.com

Done at London on 15/10/2024.