<SEC-DOCUMENT>0001140361-22-028477.txt : 20220808
<SEC-HEADER>0001140361-22-028477.hdr.sgml : 20220808
<ACCEPTANCE-DATETIME>20220805191009
ACCESSION NUMBER:		0001140361-22-028477
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20220805
FILED AS OF DATE:		20220808
DATE AS OF CHANGE:		20220805

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Borr Drilling Ltd
		CENTRAL INDEX KEY:			0001715497
		STANDARD INDUSTRIAL CLASSIFICATION:	DRILLING OIL & GAS WELLS [1381]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			D0
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-39007
		FILM NUMBER:		221142065

	BUSINESS ADDRESS:	
		STREET 1:		THISTLE HOUSE
		STREET 2:		4 BURNABY STREET
		CITY:			HAMILTON HM 11
		STATE:			D0
		ZIP:			0000
		BUSINESS PHONE:		4722483000

	MAIL ADDRESS:	
		STREET 1:		THISTLE HOUSE
		STREET 2:		4 BURNABY STREET
		CITY:			HAMILTON HM 11
		STATE:			D0
		ZIP:			0000
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>brhc10040482_6k.htm
<DESCRIPTION>6-K
<TEXT>
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      <div>
        <div style="text-align: center; font-size: 14pt; font-weight: bold;"> UNITED STATES<br>
        </div>
        <div style="text-align: center; font-size: 14pt; font-weight: bold;">SECURITIES AND EXCHANGE COMMISSION</div>
        <div style="text-align: center; font-size: 12pt; font-weight: bold;">Washington, D.C. 20549</div>
        <div>&#160;</div>
        <div>
          <hr noshade="noshade" align="center" style="height: 2px; color: #000000; background-color: #000000; text-align: center; margin-left: auto; margin-right: auto; border: none;"></div>
        <div> <br>
        </div>
        <div style="text-align: center; font-weight: bold; font-size: 18pt;">FORM 6-K</div>
        <div>
          <div>&#160;</div>
          <hr noshade="noshade" align="center" style="height: 2px; color: #000000; background-color: #000000; text-align: center; margin-left: auto; margin-right: auto; border: none;"></div>
        <br>
        <div style="text-align: center; font-weight: bold;">REPORT OF FOREIGN PRIVATE ISSUER</div>
        <div style="text-align: center; font-weight: bold;">PURSUANT TO RULE 13a-16 OR 15d-16</div>
        <div style="text-align: center; font-weight: bold;">OF THE SECURITIES EXCHANGE ACT OF 1934</div>
        <div>&#160;</div>
        <div style="text-align: center; font-weight: bold;">
          <div style="font-weight: bold;">August 5, 2022</div>
          &#160;</div>
        <div style="text-align: center; font-weight: bold;">Commission File Number 001-39007</div>
        <div>&#160;</div>
        <div>
          <hr noshade="noshade" align="center" style="height: 2px; color: #000000; background-color: #000000; text-align: center; margin-left: auto; margin-right: auto; border: none;"></div>
        <br>
        <div style="text-align: center; font-size: 24pt; font-weight: bold;">Borr Drilling Limited</div>
        <div>&#160;</div>
        <hr noshade="noshade" align="center" style="height: 2px; color: #000000; background-color: #000000; text-align: center; margin-left: auto; margin-right: auto; border: none;">
        <div style="text-align: center; font-weight: bold;">
          <div>S. E. Pearman Building</div>
        </div>
        <div style="text-align: center; font-weight: bold;">2nd Floor 9 Par-la-Ville Road</div>
        <div style="text-align: center; font-weight: bold;">Hamilton HM11</div>
        <div style="text-align: center; font-weight: bold;">Bermuda</div>
        <div style="text-align: center; font-weight: bold;">(Address of principal executive office)</div>
        <br>
        <hr noshade="noshade" align="center" style="height: 2px; color: #000000; background-color: #000000; text-align: center; margin-left: auto; margin-right: auto; border: none;">
        <div> <br>
        </div>
        <font style="font-style: normal;">Indicate by check mark whether the registrant files or will file annual reports under cover of Form&#160;20-F or Form&#160;40-F:</font>
        <div style="font-style: normal;">&#160;</div>
        <div style="text-align: center; font-style: normal;">Form&#160;20-F &#9746; Form&#160;40-F &#9744;</div>
        <div style="text-align: center; font-style: normal;">&#160;</div>
        <div style="font-style: normal;">Indicate by check mark if the registrant is submitting the Form&#160;6-K on paper as permitted by Regulation S-T Rule&#160;101(b)(1):&#9744;</div>
        <div style="text-indent: 24pt; font-style: normal;">&#160;</div>
        <div style="font-style: normal;">Indicate by check mark if the registrant is submitting the Form&#160;6-K on paper as permitted by Regulation S-T Rule&#160;101(b)(7): &#9744;</div>
        <div><br>
        </div>
        <div>
          <hr align="center" style="border: none; border-bottom: 4px solid black; border-top: 1px solid black; height: 10px; color: #ffffff; background-color: #ffffff; text-align: center; margin-left: auto; margin-right: auto;"></div>
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            <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
        </div>
        <div><u>Exhibits</u></div>
        <div>&#160;</div>
        <table cellspacing="0" cellpadding="0" border="0" style="font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;">

            <tr>
              <td style="width: 5%; vertical-align: top;">
                <div><a href="brhc10040482_ex99-1.htm">99.1</a></div>
              </td>
              <td style="width: 95%; vertical-align: top;">
                <div>Press Release</div>
              </td>
            </tr>
            <tr>
              <td style="width: 5%; vertical-align: top;" rowspan="1"><a href="brhc10040482_ex99-2.htm">99.2<br>
                </a></td>
              <td style="width: 95%; vertical-align: top;" rowspan="1">Notice of Special General Meeting of Shareholders</td>
            </tr>

        </table>
        <div>&#160;</div>
        <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
          <div style="page-break-after:always;" id="DSPFPageBreak">
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        </div>
        <div style="text-align: center; font-weight: bold;">&#160;SIGNATURES</div>
        <div>&#160;</div>
        <div>Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.</div>
        <div>&#160;</div>
        <table cellspacing="0" cellpadding="0" border="0" style="font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;">

            <tr>
              <td style="width: 50%; vertical-align: top;">
                <div>&#160;</div>
              </td>
              <td colspan="2" style="vertical-align: top;">
                <div style="font-weight: bold;">BORR DRILLING LIMITED</div>
              </td>
            </tr>
            <tr>
              <td style="width: 50%; vertical-align: middle;">&#160;</td>
              <td style="width: 5%; vertical-align: middle;">&#160;</td>
              <td style="width: 45%; vertical-align: middle;">&#160;</td>
            </tr>
            <tr>
              <td style="width: 50%; vertical-align: top; padding-bottom: 2px;">
                <div><font style="font-weight: normal;">Date:&#160;&#160; August 5, 2022</font> </div>
              </td>
              <td style="width: 5%; vertical-align: top; padding-bottom: 2px;">
                <div>By:</div>
              </td>
              <td style="width: 45%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
                <div>/s/ Mi Hong Yoon</div>
              </td>
            </tr>
            <tr>
              <td style="width: 50%; vertical-align: top;">
                <div>&#160;</div>
              </td>
              <td style="width: 5%; vertical-align: top;">
                <div>Name:</div>
              </td>
              <td style="width: 45%; vertical-align: top;">
                <div>
                  <div>Mi Hong Yoon</div>
                </div>
              </td>
            </tr>
            <tr>
              <td style="width: 50%; vertical-align: top;">
                <div>&#160;</div>
              </td>
              <td style="width: 5%; vertical-align: top;">
                <div>Title:</div>
              </td>
              <td style="width: 45%; vertical-align: top;">
                <div>Director</div>
              </td>
            </tr>

        </table>
        <div><br>
        </div>
        <br>
        <div>
          <hr noshade="noshade" align="center" style="height: 2px; color: #000000; background-color: #000000; text-align: center; margin-left: auto; margin-right: auto; border: none;"></div>
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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>brhc10040482_ex99-1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
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      <div style="text-align: right; font-weight: bold;"> Exhibit 99.1<br>
      </div>
      <div style="font-weight: bold;"> <br>
      </div>
      <div style="font-weight: bold;">Borr Drilling Limited - Notice of Special General Meeting of Shareholders</div>
      <div>&#160;</div>
      <div>Borr Drilling Limited (the "Company") (NYSE and OSE: BORR) advises that the Company will hold a Special General Meeting on August 16, 2022. The Board of Directors has fixed the close of business on July 11, 2022 as the record date for
        determination of the shareholders entitled to attend and vote at the Special General Meeting or any adjournment thereof. A copy of the Notice of Special General Meeting and Form of Proxy (the "Notice") and associated information can be found on the
        Company's website at http://www.borrdrilling.com and attached to this press release. The Notice and associated information will also be distributed to shareholders by normal distribution methods.</div>
      <div>&#160;</div>
      <div>Hamilton, Bermuda August 5, 2022</div>
      <div>&#160;</div>
      <div>This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.</div>
      <div>&#160;</div>
      <div>Questions should be directed to: Magnus Vaaler, CFO,&#160; +44 1224 289208</div>
      <div>&#160;</div>
      <div><br>
      </div>
      <div>
        <hr noshade="noshade" align="center" style="height: 2px; color: #000000; background-color: #000000; text-align: center; margin-left: auto; margin-right: auto; border: none;"></div>
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<DOCUMENT>
<TYPE>EX-99.2
<SEQUENCE>3
<FILENAME>brhc10040482_ex99-2.htm
<DESCRIPTION>EXHIBIT 99.2
<TEXT>
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  <div style="text-align: right;"><font style="font-weight: bold;">Exhibit 99.2</font><br>
  </div>
  <div>
    <div style="text-align: center; font-weight: bold;">BORR DRILLING LIMITED</div>
    <div style="text-align: center; font-weight: bold;">NOTICE OF A SPECIAL GENERAL MEETING OF THE SHAREHOLDERS</div>
    <div style="text-align: center; font-weight: bold;">August 16, 2022</div>
    <div><br>
    </div>
    <div style="text-align: justify;">NOTICE IS HEREBY given that a Special General Meeting of the Shareholders of Borr Drilling Limited (the &#8220;<font style="font-weight: bold;">Company</font>&#8221;) will be held on Tuesday, August 16, 2022 at 09:00 a.m. ADT at
      the Registered Office of the Company, 2<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">nd</sup> Floor, S.E. Pearman Building, 9 Par-la-Ville Road, Hamilton HM 11, Bermuda for the following purpose which is more completely set forth in the accompanying information statement:</div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 0pt; color: #000000;">To consider the following Company proposal:</div>
    <div><br>
    </div>
    <div style="text-align: justify; margin-left: 28.35pt; color: #000000;">To approve the increase of the Company&#8217;s authorized share capital from US$18,000,000.00 divided into 180,000,000 common shares of US$0.10 par value each to US$22,000,000.00 divided
      into 220,000,000 common shares of US$0.10 par value each by the authorization of an additional 40,000,000 common shares of US$0.10 par value each.</div>
    <div><br>
    </div>
    <div style="text-align: center;">By Order of the Board of Directors</div>
    <div><br>
    </div>
    <div style="text-align: center;">Mi Hong Yoon</div>
    <div style="text-align: center;">Secretary</div>
    <div style="text-align: justify;">Dated:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;August 4, 2022</div>
    <div><br>
    </div>
    <div style="text-align: justify; font-style: italic;">Notes:</div>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="zb71c1ae4224045ad89fd73e22c67a1ff" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 27pt; vertical-align: top; font-style: italic;">1.</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-style: italic;">The Board of Directors has fixed the close of business on July 11, 2022, as the record date for the determination of the shareholders entitled to attend and vote at the Special General Meeting or any adjournment
              thereof.</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="z4a1728936d624a24af8d94c9612a6a2d" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 27pt; vertical-align: top; font-style: italic;">2.</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-style: italic;">No Shareholder shall be entitled to attend unless written notice of the intention to attend and vote in person<font style="color: #FF0000;">*</font> or by proxy, together with the power of attorney or other
              authority (if any) under which it is signed, or a notarially-certified copy of that power of attorney, is sent to the Company Secretary, to reach the Registered Office by not later than 48 hours before the time for holding the meeting.</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <div style="text-align: justify; margin-left: 18pt; font-style: italic;"><font style="color: #FF0000;">*</font> At the time of publication of this Notice, it is anticipated that the SGM will proceed as a hybrid meeting, which means the Shareholders are
      able to join and participate in the meeting either physically in person at the Registered Office (to the extent it is permitted in accordance with government guidance, which may change after the publication of this Notice), or via electronic remote
      participation.&#160; We strongly encourage Shareholders to participate remotely and submit a proxy electronically.</div>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="zc4f36baca27043629980d3b192a78f59" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 27pt; vertical-align: top; font-style: italic;">3.</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-style: italic;">The resolution set out above is an Ordinary Resolution, approval of which will require the affirmative vote of a majority of the votes cast.</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="z67f1a1412fad450aa33cfde1f7704528" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 27pt; vertical-align: top; font-style: italic;">4.</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-style: italic;">A Form of Proxy is enclosed for use by holders of shares registered in Norway in connection with the business set out above. Holders of shares registered in the United States should use the separate Form of
              Proxy provided.</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <div style="margin-left: 18pt; font-style: italic; font-weight: bold;">The following information is applicable to holders of shares registered in the United States only:</div>
    <div><br>
    </div>
    <div style="text-align: justify; margin-left: 18pt; font-style: italic; font-weight: bold;">We are pleased to allow companies to furnish proxy materials to their shareholders via the internet.&#160; We believe that this e-proxy process will expedite
      shareholders&#8217; receipt of proxy materials and lower the costs and reduce the environmental impact of our Special General Meeting.&#160; Accordingly, we will mail to our shareholders of record and beneficial owners instructions on how to access the attached
      proxy statement via the Internet and how to vote online.</div>
    <div><br>
    </div>
    <div style="text-align: justify; font-style: italic; font-weight: bold;">YOUR VOTE IS IMPORTANT.&#160; PLEASE VOTE YOUR SHARES PROMPTLY.&#160; TO VOTE YOUR SHARES, IF YOU ARE A SHAREHOLDER REGISTERED IN THE UNITED STATES YOU CAN USE THE INTERNET AS DESCRIBED IN
      PROXY MATERIALS, IN THE ATTACHED PROXY STATEMENT AND ON YOUR PROXY CARD; CALL THE TOLL-FREE TELEPHONE NUMBER AS DESCRIBED IN THE ATTACHED PROXY STATEMENT AND ON YOUR PROXY CARD; OR COMPLETE, SIGN AND DATE YOUR PROXY CARD AND RETURN YOUR PROXY CARD BY
      MAIL.</div>
    <div style="text-align: justify; font-style: italic; font-weight: bold;"> <br>
    </div>
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    <div style="text-align: justify; font-weight: bold;">INFORMATION CONCERNING SOLICITATION AND VOTING FOR THE SPECIAL GENERAL MEETING OF SHAREHOLDERS (THE &#8220;MEETING&#8221;) OF BORR DRILLING LIMITED TO BE HELD ON AUGUST 16, 2022.</div>
    <div><br>
    </div>
    <div style="text-align: justify;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <br>
      <hr noshade="noshade" align="center" style="background-color: #000000; border-bottom: medium none; border-left: medium none; border-right: medium none; border-top: medium none; margin: 0px auto; height: 2px; width: 70%; color: #000000; text-align: center;">&#160;
      <hr noshade="noshade" align="center" style="background-color: #000000; border-bottom: medium none; border-left: medium none; border-right: medium none; border-top: medium none; margin: 0px auto; height: 2px; width: 0%; color: #000000; text-align: center;"></div>
    <div style="text-align: center; font-weight: bold;">COMPANY PROPOSAL</div>
    <div><br>
    </div>
    <div style="text-align: center; font-weight: bold;">TO APPROVE THE INCREASE IN THE COMPANY&#8217;S AUTHORISED SHARE CAPITAL</div>
    <div><br>
    </div>
    <div style="text-align: justify;">The authorised share capital of the Company is US$18,000,000.00 consisting of 180,000,000 common shares, par value US$0.10 each of which 152,901,508 common shares are in issue.&#160; The Company would like to increase the
      share capital in order to have sufficient for potential future share issuances. At the Meeting the Board will ask the Shareholders to approve the increase of the Company&#8217;s authorised share capital from US$18,000,000.00 divided into 180,000,000 common
      shares of US$0.10 par value each <font style="color: #000000;">to US$22,000,000.00 divided into 220,000,000 common shares of US$0.10 par value each by the authorization of an additional 40,000,000 common shares of US$0.10 par value each.</font>&#160; The
      increase will result in authorised share capital of US$22,000,000.00 comprising 220,000,000 common shares of US$0.10 per value each.</div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div style="text-align: center; font-weight: bold;">OTHER BUSINESS</div>
    <div><br>
    </div>
    <div style="text-align: justify;">Management knows of no business that will be presented for consideration at the Special General Meeting other than that stated in the Notice of Special General Meeting.</div>
    <div><br>
    </div>
    <div style="text-align: center;">By Order of the Board of Directors</div>
    <div><br>
    </div>
    <div style="text-align: center;">Mi Hong Yoon</div>
    <div style="text-align: center;">Secretary</div>
    <div><br>
    </div>
    <div style="text-align: center;">August 4, 2022</div>
    <div style="text-align: center;">Hamilton, Bermuda</div>
    <div><br>
    </div>
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    <div style="text-align: center; font-weight: bold;">Borr Drilling Limited (the &#8220;Company&#8221;)</div>
    <div style="text-align: center; font-weight: bold;">Form of Proxy for use at Special General Meeting to be held on August 16, 2022.</div>
    <div><br>
    </div>
    <div style="text-align: justify;">I/We &#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;</div>
    <div><br>
    </div>
    <div style="text-align: justify;">Of &#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;..</div>
    <div><br>
    </div>
    <div style="text-align: justify;">being (a) holder(s) of &#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230; Common Shares of US$0.10 each of the above-named</div>
    <div><br>
    </div>
    <div style="text-align: justify;">Company on the record date of July 11, 2022 hereby appoint the duly appointed Chairman of the meeting or &#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;</div>
    <div style="text-align: justify;">to act as my/our proxy at the Special General Meeting of the Company to be held on August 16, 2022 or at any adjournment thereof, and to vote on my/our behalf as directed below.</div>
    <div>&#160;</div>
    <div style="text-align: justify;">Please indicate with an X in the spaces provided how you wish your vote(s) to be cast on a poll.&#160; Should this card be returned duly signed, but without a specific direction, the proxy will vote or abstain at his
      discretion.</div>
    <div style="text-align: justify;"> <br>
    </div>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="zf4a37e66f77d4eff853b93212d3ae048" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;">

        <tr>
          <td style="width: 63.25%; vertical-align: top; border-width: 2px; border-style: solid; border-color: rgb(0, 0, 0);">
            <div style="font-style: italic;">Proposal</div>
          </td>
          <td style="width: 12.24%; vertical-align: top; border-width: 2px; border-style: solid; border-color: rgb(0, 0, 0);">
            <div style="text-align: center; font-style: italic;">For</div>
          </td>
          <td style="width: 12.25%; vertical-align: top; border-width: 2px; border-style: solid; border-color: rgb(0, 0, 0);">
            <div style="text-align: center; font-style: italic;">Against</div>
          </td>
          <td style="width: 12.25%; vertical-align: top; border-width: 2px; border-style: solid; border-color: rgb(0, 0, 0);">
            <div style="text-align: center; font-style: italic;">Abstain</div>
          </td>
        </tr>
        <tr>
          <td style="width: 63.25%; vertical-align: top; border-left: #000000 2px solid; border-right: #000000 2px solid; border-bottom: #000000 2px solid;">
            <div style="text-align: justify; margin-left: 18pt;"><font style="color: #000000;">To approve the increase of the Company&#8217;s authorized share capital from </font>US$18,000,000.00 divided into 180,000,000 common shares of US$0.10 par value each
              <font style="color: #000000;">to US$22,000,000.00 divided into 220,000,000 common shares of US$0.10 par value each by the authorization of an additional 40,000,000 common shares of US$0.10 par value each</font>.</div>
          </td>
          <td style="width: 12.24%; vertical-align: top; border-left: #000000 2px solid; border-right: #000000 2px solid; border-bottom: #000000 2px solid;">&#160;</td>
          <td style="width: 12.25%; vertical-align: top; border-left: #000000 2px solid; border-right: #000000 2px solid; border-bottom: #000000 2px solid;">&#160;</td>
          <td style="width: 12.25%; vertical-align: top; border-left: #000000 2px solid; border-right: #000000 2px solid; border-bottom: #000000 2px solid;">&#160;</td>
        </tr>

    </table>
    <div><br>
    </div>
    <div>&#160;</div>
    <div>Date &#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;..&#160; &#160; &#160; Signature &#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;</div>
    <div>&#160;</div>
    <div style="text-align: justify; font-style: italic; font-weight: bold;">Notes:</div>
    <table cellspacing="0" cellpadding="0" id="z0873cbcafcaa43a9a8185d3c9b855ead" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 27pt; vertical-align: top; font-style: italic;">1.</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-style: italic;">A Shareholder entitled to attend and vote at a meeting may appoint one or more proxies to attend and, on a poll, vote instead of him.</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="z686875288cd148768e44338971c8c745" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 27pt; vertical-align: top; font-style: italic;">2.</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-style: italic;">Proxies appointed by a single Shareholder need not all exercise their vote in the same manner.</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="zf142409e8df14b5090bba3f51bf9f4bd" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 27pt; vertical-align: top; font-style: italic;">3.</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-style: italic;">In the case of joint holders, the vote of the senior who tenders a vote, whether in person or by proxy, will be accepted to the exclusion of the votes of the other joint holders.&#160; For this purpose, seniority is
              determined by the order in which the names stand in the Register of Members.</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="z2cfb3db2878c4a25addfa6b9480fbe3d" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 27pt; vertical-align: top; font-style: italic;">4.</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-style: italic;">In the case of a corporation, this proxy must be given under its common seal or be signed on its behalf by a duly authorised officer or attorney.</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="z6f9929f9a42f4d1d81ced9f2acaf0d08" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 27pt; vertical-align: top; font-style: italic;">5.</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-style: italic;">If it is desired to appoint by proxy any person other than the Chairman of the Meeting, his/her name should be inserted in the relevant place, reference to the Chairman deleted and the alteration initialled.</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="z1bb5371988f5405da74f2befc63d4c77" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 27pt; vertical-align: top; font-style: italic;">6.</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-style: italic;">This proxy should be completed and sent to the following address by not later than 48 hours before the time for holding the meeting.</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <div style="text-align: justify; margin-left: 36pt;">Holders of Shares registered on the Oslo Stock Exchange should return their Proxy Forms to:</div>
    <div style="text-align: justify; margin-left: 36pt; font-weight: bold;">DNB Bank ASA, Global Companies Registrars Section</div>
    <div style="text-align: justify; margin-left: 36pt;">Postboks 1600 Sentrum</div>
    <div style="text-align: justify; margin-left: 36pt;">0021 Oslo, Norway</div>
    <div style="text-align: justify; text-indent: 36pt;">Tel:&#160; +47 23 26 80 16</div>
    <div style="text-align: justify; text-indent: 36pt; font-weight: bold;">Or via e-mail to:&#160; vote@dnb.no</div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div>
      <hr noshade="noshade" align="center" style="height: 2px; color: #000000; background-color: #000000; text-align: center; margin-left: auto; margin-right: auto; border: none;"></div>
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