Borr Drilling Limited (BDRILL) – Initiation of Share Repurchase Program

The board of directors in Borr Drilling Limited (the “Company”) has today approved a share repurchase program for the Company’s shares, to be purchased in the open market and limited to a total amount of USD 20,000,000. The share repurchase program is set to expire on 30 December 2018.

28 August 2018

Hamilton, Bermuda

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