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Regulatory press release

ODL: Key Information Relating to the Cash Dividend for First Quarter of 2025 to be paid by Odfjell Drilling Ltd

Odfjell Drilling
The Board of Odfjell Drilling Ltd. (OSE: ODL) has elected to pay a cash dividend
of 0.16 USD / share or USD 38.4 million in total.

Key details of Q1 dividend:
o Announced currency: USD
o Dividend amount: 0.16 USD / share
o Last day including right: 2 June 2025
o Ex-Dividend Date: 3 June 2025
o Record Date: 4 June 2025
o Payment Date: 12 June 2025
o Date of approval: 15 May 2025

The dividend has been declared in USD with actual NOK payments per share to be
determined based on the Norges Bank exchange rate at the last day including
rights.

For further queries, please contact:
James Crothers, Investor Relations Officer
+44 (0) 7495 067 684
jchu@odfjelldrilling.com
London, United Kingdom
16 May 2025
Odfjell Drilling Ltd

This information is published in accordance with the requirements of the Oslo
Børs Rule Book II section 4.2.4 (1) no. 3 and is subject to the disclosure
requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.
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