Archer Limited (the "Company") advises that the 2025 Annual General Meeting of the Shareholders of the Company was held on 12 May 2026 at 10:00 hrs, at Par-la-Ville Place, 4th Floor, 14 Par-la-Ville Road, Hamilton, HM08, Bermuda. The audited consolidated financial statements for the Company for the year ended 31 December 2025 were presented to the Meeting.
In addition, the following resolutions were passed:
1. To set the maximum number of Directors not more than eight.
2. To resolve that vacancies in the number of Directors be designated as casual vacancies and that the Board of Directors be authorised to fill such vacancies as and when it deems fit.
3. To re-elect Giovanni Dell'Orto as a Director of the Company.
4. To re-elect Peter Sharpe as a Director of the Company.
5. To re-elect James O'Shaughnessy as a Director of the Company.
6. To re-elect Richard Stables as a Director of the Company.
7. To re-elect Derek Mathieson as a Director of the Company.
8. To elect Adrian Geelmuyden as a Director of the Company.
9. To re-appoint PricewaterhouseCoopers AS, as auditor and to authorize the Directors to determine their remuneration.
10. To approve the remuneration of the Company's Board of Directors of a total amount of fees not to exceed US$500,000 for the year ending 31 December 2026.
12 May 2026
The Board of Directors Archer Limited Hamilton, Bermuda