Borr Drilling — Share Issue/Capital Change 2019

Jun 21, 2019

Borr Drilling Limited (BDRILL) - Key information relating to the reverse share split to be carried out by BDRILL

Borr Drilling Limited (BDRILL) - Key information relating to the reverse share split to be carried out by BDRILL

Date on which the corporate action was made public: 21 June 2019

Reverse split ratio: 5 shares with a par value USD 0.01 give 1 new share with a

par value USD 0.05

Last day including: 25 June 2019 (trading inclusive right of reverse split)

Ex-date: 26 June 2019 (trading exclusive right of reverse split)

Record date: 27 June 2019

Date of approval: 21 June 2019

21 June 2019

The Board of Directors

Borr Drilling Limited

Hamilton, Bermuda

This information is published in accordance with the requirements of the

Continuing Obligations and applies to shares listed on Oslo Stock Exchange. This

information is subject to the disclosure requirements pursuant to section 5-12

of the Norwegian Securities Trading Act.