Vantage Drilling International announced that effective March 21, 2016, Paul A. Bragg has resigned as the president, chief executive officer and principal executive officer of the company. Effective March 21, 2016, Mr. Bragg also resigned as a director of the company. Effective March 21, 2016, the company has formed an office of the chief executive to take over all duties related to the chief executive officer of the company, consisting of Douglas W. Halkett, chief operating officer of the company, Douglas G. Smith, chief financial officer and treasurer of the company, and Robert Tamburrino, chief restructuring officer of the company.

Mr. Halkett, Mr. Smith and Mr. Tamburrino will consult with each other regarding decisions to be made as chief executive officer of the company and will report directly to the board of directors.