Borr Drilling — Major Shareholding Notification 2024

Apr 9, 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: 08/04/2024

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 suervii
Resulting situation on the date on which threshold was crossed or reached	0.06%	5.22%	5.27%	264,080,391
Position of previous notification (if appli cable)	0.06%	4.88%	4.94%

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 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)	Indirect (Art 10 of Directive 2004/109/EC)
BMG1466R1732		147,912		0.06%
SUBTOTAL A	147,912		0.06%

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		11,276,607	4.27%
Convertible Bond	08/02/2028		303,935	0.12%
		SUBTOTAL B.1	11,580,542	4.39%

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	11/04/2034		Cash	521,239	0.20%
Swap	05/10/2026		Cash	390,977	0.15%
Swap	04/04/2034		Cash	257,593	0.10%
Swap	07/11/2033		Cash	214,576	0.08%
Swap	21/06/2033		Cash	155,065	0.06%

Swap	07/11/2033	Cash	143,056	0.05%
Swap	29/08/2033	Cash	106,138	0.04%
Swap	30/03/2026	Cash	88,083	0.03%
Swap	08/03/2034	Cash	59,382	0.02%
Swap	27/03/2034	Cash	49,987	0.02%
Swap	17/08/2026	Cash	47,598	0.02%
Swap	24/05/2033	Cash	44,040	0.02%
Swap	15/03/2034	Cash	29,902	0.01%
Swap	17/01/2034	Cash	26,489	0.01%
Swap	15/03/2034	Cash	19,936	0.01%
Swap	13/12/2028	Cash	8,741	0.003%
Swap	05/04/2027	Cash	8,415	0.003%
Swap	29/01/2027	Cash	7,225	0.003%
Swap	01/04/2027	Cash	5,353	0.002%
Swap	21/06/2033	Cash	4,688	0.002%
Swap	11/04/2034	Cash	2,556	0.001%
Swap	04/04/2034	Cash	2,399	0.001%
Swap	07/03/2029	Cash	1,743	0.001%
Swap	20/06/2033	Cash	1,736	0.001%
Swap	17/08/2026	Cash	339	0.0001%
		SUBTOTAL B.2	2,197,256	0.83%

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.
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-regops-emea-position-enquiries@gs.com

Done at Warsaw on 09/04/2024