Borr Drilling — Remuneration Information 2021

Aug 12, 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	Share options awarded for shares in Borr Drilling Limited (ISIN: BMG1466R2078) at exercise price of \$1.00/share
	instrument, type of instrument
	Identification code
b)	Nature of the transaction	Award of share options
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		0	1,100,000
d)	Aggregated information	1,100,000 share options awarded for a price of USD 0.00 with a
	Aggregated volume —	strike of USD 1.00
	Price —
e)	Date of the transaction	12 August 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	Grant of options for shares in Borr Drilling Limited (ISIN: BMG1466R2078)
	instrument, type of instrument
	Identification code
b)	Nature of the transaction	Award
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		0.00	2,400,000
d)	Aggregated information	2,400,000 share options awarded for a price of USD 0.00 with a
	Aggregated volume —	strike of USD 1.00
	Price —
e)	Date of the transaction	12/8/2021
f)	Place of the transaction	Oslo Børs