Hamilton, Bermuda, March 27, 2024 - Seadrill Limited ("Seadrill" or the
"Company") (NYSE & OSE: SDRL) today announced that it has filed a Form 6-K
report with the U.S. Securities and Exchange Commission (the "SEC") to provide
final updated pro forma financial information for the Company. The final updated
pro forma financial information covers the year ended December 31, 2023. This
filing is part of Seadrill's ongoing obligation to keep the financial
information in its active F-3 and S-8 registration statements current.

The Form 6-K, containing the final updated pro forma financial information, can
be accessed on the website of the SEC, www.sec.gov, and is also available on the
investor portion of the Company's website, www.seadrill.com.

Seadrill contact information 
Lydia Brantley Mabry
Director of Investor Relations
ir@seadrill.com

About Seadrill
Seadrill is a leading offshore drilling contractor utilizing advanced technology
to unlock oil and gas resources for clients across harsh and benign locations
around the globe. Seadrill's high-quality, technologically-advanced fleet spans
all asset classes allowing its experienced crews to conduct operations across
geographies, from shallow to ultra-deepwater environments.

This information is subject to disclosure requirements pursuant to section 5-12
of the Norwegian Securities Trading Act.

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