On February 23, 2022, Vantage Drilling International was informed by Mr. Richard B. Aubrey III of his decision to resign from the board of directors (the “Board”) of the Company, effective February 20, 2022. In connection with the foregoing, on February 24, 2022, the Board exercised its authority pursuant to the Company's memorandum and article of association, and elected Mr. Manuel A. Garcia to fill the vacancy resulting from said resignation, effective immediately, to hold office until the next annual general meeting of shareholders of the Company or until his successor, if any, is duly elected and qualified. Mr. Garcia is currently a Managing Director of Anchorage Capital Group, L.L.C. (“Anchorage”) and has been with the firm since 2019.

Mr. Garcia is responsible for the firm's investments across various sectors, including Industrials and Financials. In addition, he is a member of the firm's Research Review Committee.