Deep Value Driller AS — Director's Dealing 2023

Mar 2, 2023

Deep Value Driller AS – Mandatory notification of trade - correction

Deep Value Driller AS – Mandatory notification of trade - correction

Reference is made to the stock exchange notice on 1 March 2023 by Deep Value Driller AS.

On 1 March 2023, Gunnar Hvammen, board member and primary insider of Deep Value Driller AS (the "Company"), acquired 1,500,000 shares in the Company at a price of NOK 19.86 per share, of which 1,000,000 shares were acquired through Thabo Energy AS, and 500,000 shares were acquired through Solan Capital AS. Following the transaction, Gunnar Hvammen and his closely associated companies hold 7,000,000 shares, equivalent to approximately 8.07% of the Company's share capital, in addition to 2,433,333 warrants. See the enclosed forms for further details.

This information is subject to the disclosure requirements in Regulation EU 596/2014 (MAR) article 19 number 3 and section 5-12 of the Norwegian Securities Trading Act.

About Deep Value Driller

Deep Value Driller AS is a drillship-owning company which owns the high specification UDW 7th generation drillship "Deep Value Driller", built in 2014. As part of its strategy, the company has an ambition to create and maximise value for its customers and investors, while at the same time ensuring safe and sustainable operation of its drillship. For further information, visit www.deepvaluedriller.no.