Dolphin Drilling AS - Director's Dealing 2025

Mandatory notification of trade S.D. Standard ETC Plc

Reference is made to the stock exchange notice dated 4 March 2025 regarding

the completion of a secondary sale of existing shares in Dolphin Drilling AS

(the "Company") by S.D. Standard ETC Plc ("SDSD"). SDSD is a close associate

of the Company's Chairman of the Board, Martin Nes.

As stated in the stock exchange notice, SDSD has agreed to sell all of its

shares in the Company, i.e. a total of 49,784,706 shares, at a price per share

of NOK 1.1. Further information about the transaction is included in the

attached notification form.

For further information, please contact:

Head of Investments at SDSD, Espen Fjermestad at +47 952 04 493

The information is subject to the disclosure requirements pursuant to article

19 of the Market Abuse Regulation and section 5-12 of the Norwegian Securities

Trading Act.

This information has been submitted pursuant to the Securities Trading Act §

5-12 and MAR Article 17. The information was submitted for publication at

2025-03-04 10:55 CET.

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