Regulatory press release

Mandatory offer - offer document approved

Oslo Børs, in capacity as take-over supervisory authority, has approved the
offer set out in the offer document dated 7 December 2023 in respect of:

Mandatory offer to acquire the shares in Northern Drilling Ltd made by Hemen
Holding Limited

Offer price: NOK 0.125 per share

Offer period: From and including 8 December 2023 to 16:30 hours (CET) on 5
January 2024

Receiving agent: SpareBank 1 Markets AS