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Regulatory press release

ODL - Employee Long-term Incentive Plan

Odfjell Drilling
Odfjell Drilling Ltd (the "Company") previously announced in June 2022 the
introduction of a long-term incentive plan, allocating share options to certain
employees.

In accordance with the terms of the plan, there has been an increase in the
amount of share options allocated to the following primary insider:

· Kjetil Gjersdal, CEO, has been awarded a further 9,578 options
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