DOLPHIN DRILLING AS NEW SHARE CAPITAL REGISTERED

17 Sep 2025 10:54 CEST

Oslo, 17 September 2025: Reference is made to the stock exchange announcement
made by Dolphin Drilling AS (the "Company") on 8 September 2025 regarding the
final results of the subsequent offering in the Company (the "Subsequent
Offering").

The share capital increase pertaining to the issuance of the new shares in the
Subsequent Offering has now been registered with the Norwegian Register of
Business Enterprises:

Share capital: NOK 326,324,779.47
Total number of shares: 32,632,477,947
Par value of each share: 0.01

For further information, please contact:

Ingolf Gillesdal, CFO

Mob: +47 920 45 320

Mail: Ingolf.gillesdal@dolphindrilling.com

About Dolphin Drilling AS:

Dolphin Drilling AS is an Oslo listed, Aberdeen head-quartered, company which
owns and operates a fleet of harsh environment mid-water & deep-water
semisubmersible drilling rigs, capable of working worldwide.

This information is subject to disclosure under the Norwegian Securities
Trading Act, §5-12. The information was submitted for publication at
2025-09-17 10:54 CEST.

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