The Board of Directors of NorAm Drilling AS approved a monthly cash distribution of USD 2.2 million or USD 0.05 per share for September 2023, reflecting reduced cash flow in August with three rigs warm-stacked. The distribution will be made from the Company's Contributed Surplus account which consists of previously paid in share premium transferred from the Company's Share Premium account. Declared currency: USD.

Payment to shares registered with Euronext VPS will be distributed in NOK. Ex-date is September 18, 2023, Record date is September 19, 2023 and Payment date is On or about September 22, 2023.