Seadrill Limited — Major Shareholding Notification 2019

Sep 6, 2019

DISCLOSURE OF SHAREHOLDING

DISCLOSURE OF SHAREHOLDING

Funds managed by Aristeia Capital, L.L.C. of One Greenwich Plaza, Greenwich, CT 06830 USA as investment manager have on September 6, 2019, sold in total 30,000 shares of Seadrill Ltd., following which such funds hold in total 4,990,000 shares of Seadrill Ltd, representing 4.99% of the issued and outstanding shares and votes.

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This notice is subject to the disclosure requirements under section 4-3 of the Norwegian Securities Trading Act.