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Regulatory press release

DVD: KEY INFORMATION RELATING TO THE CASH DIVIDEND TO BE PAID BY DEEP VALUE DRILLER AS

Deep Value Driller
26 March 2024: Reference is made to the stock exchange notice by Deep Value
Driller AS ("DVD") earlier today. As set out in the notice, the board of
directors has resolved to propose that the annual general meeting of DVD,
expected to be held on 14 May 2024, resolves to distribute a dividend in the
amount of NOK 3.00 per share, in total approximately NOK 260 million.

The dates relevant to the proposed dividend distribution are set out below:

Dividend amount: NOK 3 per share
Announced currency: NOK
Last day including right: 14 May 2024
Ex-date: 15 May 2024
Record date: 16 May 2024
Payment date: On or about 31 May 2024
Date of approval: 14 May 2024

The distribution shall constitute a repayment of DVD's paid-in capital.

This information is published in accordance with the requirements of the
Euronext Growth Oslo Rule Book Part II.
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