Borr Drilling - Share Issue/Capital Change 2023

Borr Drilling Limited - Notice of Special General Meeting of Shareholders

Borr Drilling Limited (the "Company") (NYSE and OSE: BORR) advises that the

Company will hold a Special General Meeting on February 23, 2023 to approve an

increase in the Company's authorized share capital required in connection with

the successful placement of USD 250 million senior unsecured convertible bonds

announced 25 January 2023. The Board of Directors has fixed the close of

business on February 6, 2023 as the record date for determination of the

shareholders entitled to attend and vote at the Special General Meeting or any

adjournment thereof.

A copy of the Notice of Special General Meeting and Form of Proxy (the "Notice")

and associated information can be found on the Company's website at

http://www.borrdrilling.com and attached to this press release. The Notice and

associated information will also be distributed to shareholders by normal

distribution methods.

Hamilton, Bermuda

2 February, 2023

This information is subject to the disclosure requirements pursuant to section 5

-12 of the Norwegian Securities Trading Act.

Questions should be directed to: Magnus Vaaler, CFO, +44 1224 289208

AI assistant