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Dolphin Drilling AS

Legal Proceedings Report Oct 24, 2025

3582_iss_2025-10-24_58d57723-3526-40f2-8ff9-df5dd9aafb4a.html

Legal Proceedings Report

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Dolphin Drilling Legacy UK Tax Claim

Dolphin Drilling Legacy UK Tax Claim

OSLO, Norway, 24th October 2025 - Dolphin Drilling AS (OSE: DDRIL) ("Dolphin")

today confirms that His Majesty's Revenue and Customs ("HMRC") in the UK and

the Company has reached a position in respect of the outstanding corporation

tax liability of GBP 12.2 million, where the Company will repay its debt to

HMRC over a period until April 30, 2026. This liability relates to a legacy

claim dismissed by the UK Supreme Court on 24 June 2025. Dolphin Drilling is

committed to meeting its financial obligations and continuing to focus on its

operational and strategic priorities.

Contacts:

Ingolf Gillesdal, CFO

Phone: +47 920 45 320

Email: [email protected]

About Dolphin Drilling AS:

Dolphin Drilling AS is an Oslo listed, Aberdeen head-quartered, company which

owns and operates a fleet of harsh environment mid-water & deep-water

semisubmersible drilling rigs, capable of working worldwide.

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

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

2025-10-24 14:40 CEST.

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