DOLPHIN DRILLING AS – EXTRAORDINARY GENERAL MEETING HELD
Oslo, 1 December 2025: Reference is made to the stock exchange announcement made by Dolphin Drilling AS (the "Company") on 17 November 2025 regarding the notice of an extraordinary general meeting in the Company to, among other things, approve the resolutions in connection with the Private Placement (as defined therein).
The extraordinary general meeting was held today, 1 December 2025, at 11:00 CET. As set out in the attached minutes, all matters on the agenda were approved as proposed by the board of directors, including: (i) the issuance of new shares in the Private Placement; (ii) granting an authorisation to the board to issue new shares as compensation to the underwriters in the Private Placement; (iii) an authorisation for the board to issue shares to facilitate a reverse share split; (iv) a reverse share split in the ratio of 300:1; and (v) election of members to the board.
For more information about the Private Placement, please refer to the Company's stock exchange announcements of 11 November 2025.
For further information, please contact: Ingolf Gillesdal, CFO, tel: +47 920 45 320
Dolphin Drilling | www.dolphindrilling.com
About Dolphin Drilling AS:
Dolphin Drilling AS is an Oslo listed, Aberdeen head-quartered, company which owns and operates a fleet of harsh environment mid-water & deep-water semisubmersible drilling rigs, capable of working worldwide.
This information is subject to the disclosure requirements pursuant to the Norwegian Securities Trading Act section 5-12 and the Euronext Growth Rule Book part II.