Borr Drilling — Share Issue/Capital Change 2021

Dec 10, 2021

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

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

Date on which the corporate action was made public: December 7, 2021

Reverse split ratio: 2 shares with a par value USD 0.05 give 1 new share with a

par value USD 0.10

Last day including: December 13, 2021 (trading inclusive right of reverse split)

Ex-date: December 14, 2021 (trading exclusive right of reverse split)

Record date: December 15, 2021

Date of approval: December 7, 2021

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.