Hamilton, Bermuda, March 18, 2024 - Seadrill Limited ("Seadrill" or the
"Company") (NYSE & OSE: SDRL) initiated a share repurchase program December 14,
2023 to repurchase up to $250 million of the Company's common shares in open
market transactions on the OSE and NYSE until no later than September 30, 2024
pursuant to an agreement with Fearnley Securities AS and its subsidiary,
Fearnley Securities, Inc. ("Fearnley"). 

For the period from and including March 11, 2024, through March 15, 2024, the
Company purchased a total of 201,335 shares at an average price of $47.88 per
share. The transactions effected through the agreement with Fearnley comprise
all the transactions effected by or on behalf of the Company during the period.

Transaction Overview

Date	Trading Venue	Volume	Weighted Average Share Price (USD)	Total Daily
Transaction Value (USD)
11-Mar-24	OSE 	4,763	46.49	221,418
11-Mar-24	NYSE	37,142	46.82	1,738,810
12-Mar-24	OSE 	2,492	47.00	117,129
12-Mar-24	NYSE	37,588	47.03	1,767,880
13-Mar-24	OSE 	3,749	47.71	178,866
13-Mar-24	NYSE	36,351	48.05	1,746,604
14-Mar-24	OSE 	2,500	48.36	120,910
14-Mar-24	NYSE	38,000	48.56	1,845,120
15-Mar-24	OSE 	5,952	49.30	293,436
15-Mar-24	NYSE	32,798	49.06	1,609,122
Period Total	OSE 	19,456	47.89	931,759
Period Total	NYSE	181,879	47.88	8,707,537
Period Total	Total	201,335	47.88	9,639,296
Previously Disclosed Buybacks under the Program (Accumulated)	OSE 	349,590 
	44.58	15,585,755
Previously Disclosed Buybacks under the Program
(Accumulated)	NYSE	2,074,258	44.38	92,061,613
Previously Disclosed Buybacks under the Program
(Accumulated)	Total	2,423,848	44.41	107,647,369
Program Total	OSE 	369,046  	44.76	16,517,514
Program Total	NYSE	2,256,137	44.66	100,769,150
Program Total	Total	2,625,183	44.68	117,286,665

The issuer's holding of own shares: 2,625,183
Following the completion of the above transactions, the Company owned a total of
2,625,183 of its own shares, corresponding to 3.54% of the Company's share
capital.
 
Appendix:

An overview of all transactions made under the Company's repurchase program and
its agreement with Fearnley that have been carried out during the
above-mentioned time period is attached to this report and available at
www.newsweb.no.

Contact information
Lydia Brantley Mabry
Director of Investor Relations
T: +1 (832) 252-7064
E: lydia.mabry@seadrill.com

About Seadrill Limited
Seadrill is a leading offshore drilling contractor utilizing advanced technology
to unlock oil and gas resources for clients across harsh and benign locations
around the globe. Seadrill's high-quality, technologically-advanced fleet spans
all asset classes allowing its experienced crews to conduct operations across
geographies, from shallow to ultra-deepwater environments.

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