Funds and entities managed by Anchorage Capital Group, L.L.C. and its affiliates have today, 30 October 2025, sold 5,104,104 shares in Shelf Drilling, Ltd. (the "Issuer"), thereby crossing below the 5% disclosure threshold. Following the transaction, funds and entities managed by Anchorage Capital Group, L.L.C. and its affiliates own 10,069,484 shares in the Issuer, equivalent to approximately 3.92% of the total shares and votes of the Issuer.
Anchorage Capital Group, L.L.C. (for and on behalf of funds and entities managed by it or its affiliates) is the disclosing party on an aggregated level. The shares are held by AIO VII S.à.r.l. and Anchorage Credit Opportunities Master Fund VIII (A), L.P., which are managed by Anchorage Capital Group, L.L.C. and Anchorage Opportunities Advisor, L.L.C., respectively.
This disclosure is made pursuant to section 4-2 of the Norwegian Securities Trading Act.