Shelf Drilling North Sea - Mandatory Notification of Trade by Primary Insider

Shelf Drilling North Sea - Mandatory Notification of Trade by Primary Insider Dubai, 1 November 2022: Ian Bagshaw, non-executive director and primary insider, has today acquired 17,600 shares in Shelf Drilling (North Sea), Ltd. ("Shelf Drilling North Sea" or the "Company"). Please see attached form for details. About Shelf Drilling North Sea Shelf Drilling North Sea, a majority-owned subsidiary of Shelf Drilling, Ltd. is a shallow water offshore drilling contractor primarily operating in the North Sea. The Company's fit-for-purpose strategy and fleet of modern high-specification harsh environment jack-up rigs enable it to offer a broad range of services in the shallow water drilling markets. The Company is incorporated under the laws of Bermuda and is listed on Euronext Growth Oslo under the ticker "SDNS". Additional information about Shelf Drilling North Sea can be found at www.shelfdrillingnorthsea.com For questions or comments, please contact: investor.sdns@shelfdrilling.com This information is subject to disclosure requirements pursuant to the Euronext Growth Rule Book part II.