Seadrill Limited — Director's Dealing 2022

Aug 8, 2022

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Simon Johnson
2	Reason for the notification
a)	Position/status		Primary insider, Chief Executive Officer
b)	Initial notification/Amendment	Initial notification
3	Details of issuer
a)	Name	Seadrill Limited
b)	LEI	213800LZ4WWG15NAC829
4		Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Derivative, Time-vested Restricted Stock Units linked to the shares of Seadrill Limited (BMG7998G1069)
b)	Nature of the transaction	Granting/acceptance of Time-vested Restricted Stock Units.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		USD 0	53,427
d)	Aggregated information — Aggregated volume — Price	53,427 Time-vested Restricted Stock Units for a total of USD 0
e)	Date of the transaction	2022-08-08
f)	Place of the transaction	Outside a trading venue.

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Simon Johnson
2	Reason for the notification
a)	Position/status	Primary insider, Chief Executive Officer
b)	Initial notification/Amendment	Initial notification
3	Details of issuer
a)	Name	Seadrill Limited
b)	LEI	213800LZ4WWG15NAC829
4		Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Derivative, Performance Restricted Stock Units linked to the shares of Seadrill Limited (BMG7998G1069)
b)	Nature of the transaction	Granting/acceptance of Restricted Stock Units.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		USD 0	124,662
d)	Aggregated information	124,662 Performance Restricted Stock Units for a total of USD 0
	— Aggregated volume
	— Price
e)	Date of the transaction	2022-08-08
f)	Place of the transaction	Outside a trading venue.

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Grant Creed
2	Reason for the notification
a)	Position/status	Primary insider, EVP, Chief Financial Officer
b)	Initial	Initial notification
	notification/Amendment
3	Details of issuer
a)	Name	Seadrill Limited
b)	LEI	213800LZ4WWG15NAC829
4		Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type
		of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Derivative, Time-vested Restricted Stock Units linked to the shares of Seadrill Limited (BMG7998G1069)
b)	Nature of the transaction	Granting/acceptance of Time-vested Restricted Stock Units.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		USD 0	18,699
d)	Aggregated information	18,699 Time-vested Restricted Stock Units for a total of USD 0
	— Aggregated volume
	— Price
e)	Date of the transaction	2022-08-08
f)	Place of the transaction	Outside a trading venue.

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Grant Creed
2	Reason for the notification
a)	Position/status	Primary insider, EVP, Chief Financial Officer
b)	Initial	Initial notification
	notification/Amendment
3	Details of issuer
a)	Name	Seadrill Limited
b)	LEI	213800LZ4WWG15NAC829
4		Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type
		of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Derivative, Performance Restricted Stock Units linked to the shares of Seadrill Limited (BMG7998G1069)
b)	Nature of the transaction	Granting/acceptance of Performance Restricted Stock Units.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		USD 0	43,632
d)	Aggregated information	43,632 Performance Restricted Stock Units for a total of USD 0
	— Aggregated volume
	— Price
e)	Date of the transaction	2022-08-08
f)	Place of the transaction	Outside a trading venue.

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Leif Nelson
2	Reason for the notification
a)	Position/status	Primary insider, EVP, Chief Operations & Technology Officer
b)	Initial	Initial notification
	notification/Amendment
3	Details of issuer
a)	Name	Seadrill Limited
b)	LEI	213800LZ4WWG15NAC829
4		Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type
		of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Derivative, Time-vested Restricted Stock Units linked to the shares of Seadrill Limited (BMG7998G1069)
b)	Nature of the transaction	Granting/acceptance of Time-vested Restricted Stock Units.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		USD 0	26,713
d)	Aggregated information	26,713 Time-vested Restricted Stock Units for a total of USD 0
	— Aggregated volume
	— Price
e)	Date of the transaction	2022-08-08
f)	Place of the transaction	Outside a trading venue.

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Leif Nelson
2	Reason for the notification
a)	Position/status	Primary insider, EVP, Chief Operations & Technology Officer
b)	Initial	Initial notification
	notification/Amendment
3	Details of issuer
a)	Name	Seadrill Limited
b)	LEI	213800LZ4WWG15NAC829
4		Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type
		of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Derivative, Performance Restricted Stock Units linked to the shares of Seadrill Limited (BMG7998G1069)
b)	Nature of the transaction	Granting/acceptance of Performance Restricted Stock Units.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		USD 0	62,331
d)	Aggregated information	62,331 Performance Restricted Stock Units for a total of USD 0
	— Aggregated volume
	— Price
e)	Date of the transaction	2022-08-08
f)	Place of the transaction	Outside a trading venue.

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Torsten Sauer-Petersen
2	Reason for the notification
a)	Position/status	Primary insider, EVP, Human Resources
b)	Initial	Initial notification
	notification/Amendment
3	Details of issuer
a)	Name	Seadrill Limited
b)	LEI	213800LZ4WWG15NAC829
4		Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type
		of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Derivative, Time-vested Restricted Stock Units linked to the shares of Seadrill Limited (BMG7998G1069)
b)	Nature of the transaction	Granting/acceptance of Time-vested Restricted Stock Units.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		USD 0	13,357
d)	Aggregated information	13,357 Time-vested Restricted Stock Units for a total of USD 0
	— Aggregated volume
	— Price
e)	Date of the transaction	2022-08-08
f)	Place of the transaction	Outside a trading venue.

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Torsten Sauer-Petersen
2	Reason for the notification
a)	Position/status	Primary insider, Human Resources
b)	Initial	Initial notification
	notification/Amendment
3	Details of issuer
a)	Name	Seadrill Limited
b)	LEI	213800LZ4WWG15NAC829
4		Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type
		of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Derivative, Performance Restricted Stock Units linked to the shares of Seadrill Limited (BMG7998G1069)
b)	Nature of the transaction	Granting/acceptance of Performance Restricted Stock Units.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		USD 0	31,165
d)	Aggregated information	31,165 Performance Restricted Stock Units for a total of USD 0
	— Aggregated volume
	— Price
e)	Date of the transaction	2022-08-08
f)	Place of the transaction	Outside a trading venue.

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Samir Ali
2	Reason for the notification
a)	Position/status	Primary insider, EVP, Chief Commercial Officer
b)	Initial	Initial notification
	notification/Amendment
3	Details of issuer
a)	Name	Seadrill Limited
b)	LEI	213800LZ4WWG15NAC829
4		Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type
		of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Derivative, Time-vested Restricted Stock Units linked to the shares of Seadrill Limited (BMG7998G1069)
b)	Nature of the transaction	Granting/acceptance of Time-vested Restricted Stock Units.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		USD 0	13,357
d)	Aggregated information	13,357 Time-vested Restricted Stock Units for a total of USD 0
	— Aggregated volume
	— Price
e)	Date of the transaction	2022-08-08
f)	Place of the transaction	Outside a trading venue.

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Samir Ali
2	Reason for the notification
a)	Position/status	Primary insider, EVP, Chief Commercial Officer
b)	Initial	Initial notification
	notification/Amendment
3	Details of issuer
a)	Name	Seadrill Limited
b)	LEI	213800LZ4WWG15NAC829
4		Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type
		of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Derivative, Performance Restricted Stock Units linked to the shares of Seadrill Limited (BMG7998G1069)
b)	Nature of the transaction	Granting/acceptance of Performance Restricted Stock Units.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		USD 0	31,165
d)	Aggregated information	31,165 Performance Restricted Stock Units for a total of USD 0
	— Aggregated volume
	— Price
e)	Date of the transaction	2022-08-08
f)	Place of the transaction	Outside a trading venue.