Regulatoriskt pressmeddelande

Archer Limited: Disclosure of large shareholding

Funds or accounts managed or advised by Lodbrok Capital LLP ("Lodbrok") has on
13 April 2026 sold 200,000 common shares in Archer Limited. As a result of the
sale, Lodbrok's shareholding has crossed below the 5% threshold pursuant to
section 4-2 of the Norwegian Securities Trading Act, and Lodbrok's current
shareholding is 4,852,743 common shares, corresponding to 4.9 % of the total
number of shares and votes in Archer Limited.

This disclosure is made pursuant to Section 4-2 of the Norwegian Securities
Trading Act.