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Selskabsmeddelelse

SDRL: Seadrill Limited Announces Organizational Change

Seadrill
Hamilton, Bermuda, December 14, 2023 - As previously announced, Seadrill Limited
("Seadrill" or the "Company") (NYSE & OSE: SDRL) has decided to close its
London, England office and consolidate its corporate office in Houston, Texas.
The Company announced today that its Executive Vice President and Chief
Operating & Technology Officer, Leif Nelson, will not relocate to Houston and
instead will be departing Seadrill.

In connection with Mr. Nelson's departure, the Company has promoted Marcel
Wieggers to Senior Vice President - Operations, reporting directly to Simon
Johnson, President and Chief Executive Officer. Mr. Wieggers has been with
Seadrill since 2009, most recently serving as Vice President - Operations.

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

Contact information

For additional information, visit www.seadrill.com.

Benjamin Wiseman
Corporate Finance Manager & Investor Relations
T: +44 786 713 9312
E: benjamin.wiseman@seadrill.com

About Seadrill Limited

Seadrill is a leading offshore drilling contractor utilizing advanced technology
to unlock oil and gas resources for clients across harsh and benign locations
around the globe. Seadrill's high-quality, technologically-advanced fleet spans
all asset classes allowing its experienced crews to conduct operations across
geographies, from shallow to ultra-deepwater environments.
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