Deep Value Driller AS (the "Company") hereby calls for its annual general
meeting to be held on Thursday, 8 June 2023 at 16:00 CEST at the Company's
offices at Munkedamsveien 45F, 8th floor, 0250 Oslo, Norway.

The notice of the general meeting, including the board's proposed resolutions
and the notice of attendance and proxy form, is attached to this notice.
Shareholders are encouraged to attend the meeting by casting their votes in
advance or granting a proxy to the chair of the board with voting instructions.
See further details in the attached notice. 

As set out in item 7 of the attached notice, the board proposes that all the
board members are re-elected to the Company's board of directors. 

Einar J. Greve (chair) is a Norwegian citizen and works as a strategic advisor
in Cipriano AS. He has previously worked as partner of Wikborg Rein Advokatfirma
AS for 15 years and as partner of Arctic Securities ASA. Furthermore, he has
held and holds various positions as board member and chairman in Norwegian and
international listed and unlisted companies. He holds a degree in law (cand.jur)
from the University of Oslo.

Gunnar Hvammen is a Norwegian citizen and works as an active owner/founder
through his different companies organized under the holding company Lauvheim
Holding AS within the oil service, real estate business and technology. He has
previously worked for Fondsfinans and Normarine Offshore Consultants (today
Pareto Offshore). Hvammen held and holds various positions as board
member/chairman in Norwegian unlisted companies - previously also listed
companies, and went to BI Norwegian Business School.

Glen Rødland is a Norwegian citizen, and is an independent investor and the
chairperson and board member in ABL Group ASA, Prosafe SE, Pascal Technologies
AS and ATDL AS.  He was a senior partner at HitecVision for four years, and for
10 years was a partner and co-investor of Direct Active Investments in Ferncliff
TIH AS. Rødland has worked for 15 years with portfolio management, financial
analysis, and investment banking for DNB (Vital) and Swedbank (formerly First
Securities and Elcon Securities). In addition, Rødland has served as chairperson
of the board of directors in Seadrill Limited and Prospector Offshore Drilling
and as board member in Standard Drilling. He has also worked in the shipping
company Jebsens and as a management consultant in PWC. He has MBA and Post
Graduate studies in Finance from NHH and UCLA. 

The notice of the general meeting and all relevant documents will be sent to
each shareholder electronically through the VPS, and will be made available on
the Company's website: www.deepvaluedriller.no.

To receive information electronically through the VPS, please visit your online
bank or https://www.euronextvps.no/, or contact your VPS account manager.

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.