Seadrill Limited – Transactions By Primary Insiders

Hamilton, Bermuda, August 8, 2024 – Certain primary insiders in Seadrill Limited (“Seadrill” or the “Company”) (NYSE & OSE: SDRL) have been issued ordinary shares in the Company in connection with the vesting of certain Time-vested Restricted Stock Units previously awarded to them under the Company’s management incentive plan, as further described in the attached form. This information is subject to disclosure requirements pursuant to article 19 of the Regulation EU 596/2014 (the EU Market Abuse Regulation) and section 5-12 of the Norwegian Securities Trading Act. About Seadrill Seadrill is setting the standard in deepwater oil and gas drilling. With its modern fleet, experienced crews, and advanced technologies, Seadrill safely, efficiently, and responsibly unlocks oil and gas resources for national, integrated, and independent oil companies. For further information, visit www.seadrill.com. Contact Lydia Brantley Mabry Director of Investor Relations ir@seadrill.com