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Regulatory press release

Odfjell Drilling Ltd - Publishes its Annual Report for 2025

Odfjell Drilling
Odfjell Drilling Ltd has published its Annual Report for 2025 on the Company's
website.

The Company notes that due to updated tax calculations in Malta, the final
annual financial statements included in the Annual Report for 2025 differ from
the preliminary full-year results published 25 February 2026. In the report,
there has been an increase in income tax expense of USD 5.9 million in the
Income Statement which has correspondingly resulted in an increase in the
deferred tax liability in the Statement of Financial Position.

For further queries, please contact:
James Crothers, Investor Relations Officer
+44 (0) 7495 067 684
jchu@odfjelldrilling.com

London, United Kingdom
20 April 2026
Odfjell Drilling Ltd

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