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Regulatory press release

SHLF: Shelf Drilling Annual Report 2024

Shelf Drilling
SHELF DRILLING ANNUAL REPORT 2024

Dubai, April 14, 2025: Shelf Drilling, Ltd. ("Shelf Drilling" and, together with
its subsidiaries, the "Company", OSE: SHLF) announces publication of its 2024
Annual Report.

Contact details
For questions or comments, please contact investor.relations@shelfdrilling.com.

About Shelf Drilling
Shelf Drilling is a leading international shallow water offshore drilling
contractor with rig operations across Middle East, Southeast Asia, India, West
Africa, Mediterranean and North Sea. Shelf Drilling was founded in 2012 and has
established itself as a leader within its industry through its fit-for-purpose
strategy and close working relationship with industry leading clients. The
company is incorporated under the laws of the Cayman Islands with corporate
headquarters in Dubai, United Arab Emirates. The company is listed on the Oslo
Stock Exchange under the ticker "SHLF".

Additional information about Shelf Drilling can be found at
www.shelfdrilling.com.

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