Borr Drilling Limited - SGM Results Notification

23 Feb 2023 16:53 CET

Borr Drilling Limited (the "Company") (NYSE and OSE: "BORR") advises that a
Special General Meeting of the Company was held on February 23, 2023 at 09:00
ADT at 2nd Floor, The S.E. Pearman Building, 9 Par-la-Ville Road, Hamilton HM
11, Bermuda.

The following resolution was passed:

To approve the increase of the Company's authorized share capital from
US$25,500,000.00 divided into 255,000,000 common shares of US$0.10 par value
each to US$31,500,000.00 divided into 315,000,000 common shares of US$0.10 par
value each by the authorization of an additional 60,000,000 common shares of
US$0.10 par value each.

The increase in authorized share capital is a condition for the Company to
complete the settlement of the previously announced convertible bond offering.

Hamilton, Bermuda

February 23, 2023

Questions should be directed to: Magnus Vaaler, CFO, +44 1224 289208

More information:
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