Seadrill Limited Files its 2022 Annual Report on Form 20-F

19 Apr 2023 07:00 CEST

Hamilton, Bermuda, April 19, 2023 – Seadrill Limited (“Seadrill” or the
“Company”) (NYSE & OSE: SDRL) today announces that it has filed its annual
report on Form 20-F for the year ended December 31, 2022 (the “Annual Report”)
with the U.S. Securities and Exchange Commission (the “SEC”). The Annual Report
can be accessed on the website of the SEC (www.sec.gov) and is also available on
the Company’s website (www.seadrill.com/investors).

Shareholders may request a hard copy of the Annual Report, which includes the
Company's complete 2022 audited financial statements, free of charge, by sending
an email to seadrill@hawthornadvisors.com.

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

About Seadrill
Seadrill is a leading offshore drilling contractor utilizing advanced technology
to unlock oil and gas resources for clients across harsh and benign locations
around the globe. Seadrill’s high-quality, technologically-advanced fleet spans
all asset classes allowing its experienced crews to conduct operations across
geographies, from shallow to ultra-deep-water environments.

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