NorAm Drilling AS approved monthly cash distribution of approximately USD 1.7 million for April 2024. 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. Distribution amount is USD 0.04 per share.

Ex-date is April 16, 2024. Record date is April 17, 2024. Payment date is On or about April 22, 2024.