Borr Drilling — Remuneration Information 2022

Aug 11, 2022

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	Derivative, options for shares in Borr Drilling Limited (ISIN:
	instrument, type of instrument	BMG1466R1732)
	Identification code
b)	Nature of the transaction	Granting/acceptance of share options
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		0.00	1,000,000
d)	Aggregated information	1,000,000 options awarded for a price of \$0.00, 1/3 with strike price \$4.00, 1/3 with a strike price of \$4.75 and 1/3 with a strike
	Aggregated volume —
	Price —	price of \$5.50.
e)	Date of the transaction	11/8/2022
f)	Place of the transaction	Outside a trading venue

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	Derivative, Performance Stock Units linked to the shares in Borr Drilling
	instrument, type of instrument	Limited (ISIN: BMG1466R1732)
	Identification code
b)	Nature of the transaction	Granting/acceptance of Performance Stock Units
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		0.00	500,000
d)	Aggregated information	500,000 Performance Stock Units for a total of \$0
	Aggregated volume —
	Price —
e)	Date of the transaction	11/8/2022
f)	Place of the transaction	Outside a trading venue

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	Derivative, options for shares in Borr Drilling Limited (ISIN:
	instrument, type of instrument	BMG1466R1732)
	Identification code
b)	Nature of the transaction	Granting/acceptance of share options
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		0.00	400,000
d)	Aggregated information	400,000 options awarded for a price of \$0.00, 1/3 with strike price
	Aggregated volume —	\$4.00, 1/3 with a strike price of \$4.75 and 1/3 with a strike price
	Price —	of \$5.50.
e)	Date of the transaction	11/08/2022
f)	Place of the transaction	Outside a trading venue