Deep Value Driller AS

Notice of Dividend Amount • Mar 26, 2024

KEY INFORMATION RELATING TO THE CASH DIVIDEND TO BE PAID BY DEEP VALUE DRILLER AS

KEY INFORMATION RELATING TO THE CASH DIVIDEND TO BE PAID BY DEEP VALUE DRILLER AS

26 March 2024: Reference is made to the stock exchange notice by Deep Value Driller AS ("DVD") earlier today. As set out in the notice, the board of directors has resolved to propose that the annual general meeting of DVD, expected to be held on 14 May 2024, resolves to distribute a dividend in the amount of NOK 3.00 per share, in total approximately NOK 260 million.

The dates relevant to the proposed dividend distribution are set out below:

Dividend amount: NOK 3 per share

Announced currency: NOK

Last day including right: 14 May 2024

Ex-date: 15 May 2024

Record date: 16 May 2024

Payment date: On or about 31 May 2024

Date of approval: 14 May 2024

The distribution shall constitute a repayment of DVD's paid-in capital.

This information is published in accordance with the requirements of the Euronext Growth Oslo Rule Book Part II.