The Board of Directors of NorAm Drilling AS approved a monthly cash distribution of USD 1.7 million or USD 0.04 per share for December 2023. The distribution will be made from the Company?s Contributed Surplus account which consists of previously paid in share premium transferred from the Company?s Share Premium account. Date of approval: December 7, 2023.

Ex-date: December 12, 2023. Record date: December 13, 2023. Payment date: On or about December 18, 2023.