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Regulatory press release

ODL: Key Information Relating to the Cash Dividend for Fourth Quarter of 2025 to be paid by Odfjell Drilling Ltd.

Odfjell Drilling
The Board of Odfjell Drilling Ltd. (OSE: ODL) has elected to pay a cash dividend
of 0.23 USD / share or USD 55 million in total.

Key details of Q4 dividend:
o Announced currency: USD
o Dividend amount: 0.23 USD / share
o Last day including right: 3 March 2026
o Ex-Dividend Date: 4 March 2026
o Record Date: 5 March 2026
o Payment Date: 19 March 2026
o Date of approval: 24 February 2026

The dividend has been declared in USD with actual NOK payments per share to be
determined based on the Norges Bank exchange rate at the last day including
rights.

For further queries, please contact:
James Crothers, Investor Relations Officer
+44 (0) 7495 067 684
jchu@odfjelldrilling.com
London, United Kingdom
25 February 2026
Odfjell Drilling Ltd

This information is published in accordance with the requirements of the Oslo
Børs Rule Book II section 4.2.4 (1) no. 3 and is subject to the disclosure
requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.
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