The Board of Directors of NorAm Drilling AS approved a monthly cash distribution of USD 1.7 million or USD 0.04 per share for October 2023. 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. Date of approval: October 10, 2023; Last day including right: October 13, 2023; Ex-date: October 16, 2023; Record date: October 17, 2023; and Payment date: On or about October 20, 2023.