Odfjell Drilling Ltd ("Odfjell Drilling " or the "Company") is pleased to note the announcement made byNorthern Ocean Ltd ("NOL"), which states that the Company, on behalf of NOL, has agreed with a subsidiary ofShell Plc ("The Client") to extend the contract for work inNamibia using the rig Deepsea Bollsta. The firm term of the contract now extends toJune 2024 and provides an additional option for the Client to extend the contract with a further six months. For further queries, please contact:James Crothers , Investor Relations Officer +44(0)7393 766 446 jchu@odfjelldrilling.comLondon, United Kingdom 25 May 2023 Odfjell Drilling Ltd
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