Seadrill Limited — Major Shareholding Notification 2019

Jun 21, 2019

ODEY ASSET MANAGEMENT LLP- MAJOR SHAREHOLDING DISCLOSURE

ODEY ASSET MANAGEMENT LLP- MAJOR SHAREHOLDING DISCLOSURE

Name of issuer:

Seadrill Ltd

Event that triggered the disclosure requirement:

Purchase of shares

Date on which threshold was crossed:

20 June 2019

Identity of the shareholder:

Odey Asset Management LLP

Number of shares compromised by the notification:

5,133,743

Resulting situation in terms of shares and voting rights:

as above.

Percentage of shares and votes held through rights to shares:

5.13% (as percentage of 100,000,000 ordinary shares)