Company Disclosures

Odfjell Drilling Ltd – Equinor exercises options for two additional wells for Deepsea Atlantic

Published 16.10.2026

Odfjell Drilling Ltd is pleased to announce that Equinor Energy AS has exercised
priced options for two additional wells for Deepsea Atlantic, in direct
continuation of the rig’s current contract.

The option exercise extends Deepsea Atlantic’s firm contract to late Q4 2027 at
the pricing agreed in the original contract. Equinor retains priced options for
a further two wells.

For further queries, please contact:
James Crothers, Investor Relations Officer
+44 (0) 7495 067 684
jchu@odfjelldrilling.com
London, United Kingdom
16 October 2026
Odfjell Drilling Ltd

This information is subject to the disclosure requirements pursuant to Section
5-12 of the Norwegian Securities Trading Act.

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