Hamilton, Bermuda, April 29, 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 April 22, 2024 through April 26, 2024, the
Company purchased a total of 192,150 shares at an average price of $50.04 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)
22-Apr-24	OSE	4,000	49.26	197,040
22-Apr-24	NYSE	34,350	50.24	1,725,593
23-Apr-24	OSE	575	49.77	28,618
23-Apr-24	NYSE	36,975	50.81	1,878,774
24-Apr-24	OSE	2,500	50.06	125,154
24-Apr-24	NYSE	36,250	49.82	1,805,812
25-Apr-24	OSE	2,086	50.13	104,579
25-Apr-24	NYSE	36,664	49.32	1,808,195
26-Apr-24	OSE	4,000	49.65	198,612
26-Apr-24	NYSE	34,750	50.13	1,741,945
Period Total	OSE	13,161	49.69	654,001
	NYSE	178,989	50.06	8,960,318
	Total	192,150	50.04	9,614,320
Previously Disclosed Buybacks Under the Program
(Accumulated)	OSE	449,721	45.89	20,639,254
	NYSE	3,079,939	46.36	142,801,074
	Total	3,529,660	46.30	163,440,329
Program Total	OSE	462,882	46.00	21,293,256
	NYSE	3,258,928	46.57	151,761,392
	Total	3,721,810	46.50	173,054,648

The issuer's holding of repurchased shares: 3,721,810
Following the completion of the above transactions, the Company had repurchased
a total of 3,721,810 shares, corresponding to 5.03% of the Company's total
issued share count.
 
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
ir@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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