Oslo, 30 April 2024: Deep Value Driller AS (the "Company") hereby calls for its
annual general meeting to be held on Tuesday, 14 May 2024 at 11:00 CEST (the
"AGM") at the Company's offices at Munkedamsveien 45F, 8th floor, 0250 Oslo,
Norway. The shareholders may participate digitally at the AGM via Microsoft
Teams.

The notice of the AGM, including the board's proposed resolutions and the notice
of attendance and proxy form, is attached to this announcement and available on
the Company's website, www.deepvaluedriller.no. Shareholders are encouraged to
attend the AGM by casting their votes in advance or by granting a proxy to the
chair of the board with voting instructions. See further details in the attached
notice. 

As set out in item 6 of the attached notice, the board of directors proposes
that the AGM resolves to distribute a dividend in the amount of NOK 3.00 per
share, in total approximately NOK 260 million. Key information relating to the
proposed cash dividend is included in the Company's announcement of 26 March
2024.

Contacts:
Svend Anton Maier, CEO
+47 41 42 71 29 
sam@deepvaluedriller.no 

About Deep Value Driller

Deep Value Driller AS is a drillship-owning company which owns the high
specification UDW 7th generation drillship "Deep Value Driller", built in 2014.
As part of its strategy, the company has an ambition to create and maximise
value for its customers and investors, while at the same time ensuring safe and
sustainable operation of its drillship. For further information, visit 
www.deepvaluedriller.no. 

This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act and the Euronext Growth Rule Book
part II.