Company Disclosures

ODL – marketing and management services for Mira and Bollsta

Published 23.12.2021

Reference is made to the stock exchange notice made by Northern Ocean Ltd
(“NOL”) this evening. Odfjell Drilling is pleased to inform that we are in
agreement with NOL to provide marketing and management services for Mira and
Bollsta as further described in their stock exchange notice.

Odfjell Drilling is privileged to be chosen for our strong operational track
record and marketing excellence in securing work. We further view the
cooperation with NOL as strategically important.

Odfjell Drilling will take over the responsibility for Mira no later than 1
February 2022, which currently is quayside Hanoytangen outside Bergen, Norway.
Bollsta will finish its current contract with Lundin before handed over to
Odfjell Drilling expected in Q1 2022.

For further information, we refer to NOL’s stock exchange notice.

Aberdeen, United Kingdom
23 December 2021
Odfjell Drilling Ltd

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