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NorAm Drilling AS - PDMR Notification Following Option Exercise

NORAMRegulatory press release28.05.2026, 17.45
Oslo, Norway, May 28, 2026

NorAm Drilling AS ("NorAm Drilling" or the "Company") announces that the
outgoing IR & Strategy Director Marius Furuly has on May 28, 2026 exercised
40,000 options to acquire shares in the Company.

Following this exercise of options, Marius Furuly owns 58,108 shares in the
Company.

Please find further details in the enclosed form.


For further queries, please contact:
Sander Borgli, Director of IR and Strategy
Tel: +47 95455604

About NorAm Drilling
NorAm Drilling owns and operates a portfolio of eleven advanced drilling rigs
upgraded to maximize drilling efficiency in the Permian Basin in Texas, which is
the largest oil producing region in North America. NorAm Drilling is debt free
and has industry leading operating margins. The Company has a full pay-out
dividend strategy, targeting frequent cash distributions in a profitable market.


www.noramdrilling.com
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