Call for Extraordinary General Meeting

An Extraordinary General Meeting of Awilco Drilling PLC will be held on Friday 25th October 2024 at 11am (UK time) at the Company’s registered office at Suite 1, 7th Floor, 50 Broadway, London, SW1H 0BL, United Kingdom. The notice with the agenda of the General Assembly is attached to this communication. Notification will be sent by mail or email to shareholders.

The purpose of the Extraordinary General Meeting will be to approve a special resolution to seek authority to cancel the Company’s premiums account. The objective of the Reduction is to reduce the value of the Company’s premiums account to zero. The amount resulting from the Reduction will be credited to reserves and will give the Company greater flexibility to make dividend payments to shareholders in the future

The notice was made available on our website www.awilcodrilling.com.

Aberdeen, October 9, 2024

For more information contact:

Eric Jacobs, CEO of Awilco Drilling PLC
Telephone: +47 9529 2271

Cathrine Haavind, Investor Relations at Awilco Drilling PLC
Telephone: +47 9342 8464
Email: [email protected]

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

Annex