Awilco Drilling Plc: Result of Warrants Exercised

Further to the stock exchange release of 26 June 2024 from Awilco Drilling PLC ("Awilco Drilling") regarding the end date for the exercise of the issued warrants, the Company can now confirm that at the end of the exercise period, 10,136,819 warrants have been exercised.

Following the warrants exercised, 10,136,819 new Sponsored Norwegian Depository Receipts (SNDRs) will be issued. After the issuing, the new total number of outstanding SNDRs in the Company will be 24,754,954.

Aberdeen, 01 October 2024

For further information please contact:

Eric Jacobs, CEO of Awilco Drilling PLC
Phone: +47 9529 2271

Cathrine Haavind, Investor Relations of Awilco Drilling PLC
Phone: +47 9342 8464
Email: ch@awilcodrilling.com

This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.