Reference is made to the share buyback offer published on November 25, 2021. The buyback has been completed. Shares bought back by ATDL will be cancelled. Post cancellation of the treasury shares, ATDL will have 217 459 852 shares outstanding. 96 percent of the shares are held by HVAS Invest Zeta AS.

All remaining shareholdings will be transferred from the Euronext VPS register, the Norwegian CSD, to be held directly with the corporate secretary in Bermuda after which ATDL will delist from N-OTC.

For further information, please contact:

Leslie Gassner
Atlantica Tender Drilling Ltd
leslie.gassner@atdlwd.com

Reese McNeel
Atlantica Tender Drilling Ltd
reese.mcneel@atdlwd.com
+47 41508186