Shelf Drilling, LTD - Notification of Major Holdings under the Norwegian Securities Trading Act

On 9 September 2025, Glazer Capital, LLC (the "Manager") disposed of 2,400,000 shares in Shelf Drilling, LTD (ticker SHLF NO) (the "Company"), resulting in the Manager falling below the 5% reportable threshold of the voting rights and share capital in the Company.

Following the disposal, Glazer Capital, LLC, together with and through its management of its funds and managed accounts, none of which individually exceeds the reporting threshold, controls a total of 10,896,688 shares through voting rights, corresponding to 4.2381% of the votes and shares outstanding.

This disclosure is made pursuant to section 4-2 cf. section 4-3 of the Norwegian Securities Trading Act.

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