Archer Limited: Special General Meeting

10 Mar 2023 08:00 CET

Hamilton, Bermuda (March 10, 2023).

 Reference is made to the announcement of the in-principal agreement on
refinancing and the completion of the Private Placement, released by Archer
Limited on 6 March and 7 March of 2023 respectively. Archer Limited advises that
the Special General Meeting will be held on March 28, 2023. The record date for
voting at the Special General Meeting is set to March 13, 2023. The notice,
agenda and associated material will be distributed prior to the meeting.

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

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