Seadrill Limited (SDRL) – Filing of Form 6-K Report with Final Updated Pro Forma Financial Information for Seadrill

Hamilton, Bermuda, March 27, 2024 – Seadrill Limited ("Seadrill" or the "Company") (NYSE & OSE: SDRL) today announced that it has filed a Form 6-K report with the U.S. Securities and Exchange Commission (the “SEC”) to provide final updated pro forma financial information for the Company. The final updated pro forma financial information covers the year ended December 31, 2023. This filing is part of Seadrill's ongoing obligation to keep the financial information in its active F-3 and S-8 registration statements current.

The Form 6-K, containing the final updated pro forma financial information, can be accessed on the website of the SEC, www.sec.gov, and is also available on the investor portion of the Company’s website, www.seadrill.com.

Seadrill contact information
Lydia Brantley Mabry
Director of Investor Relations
ir@seadrill.com

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-deepwater environments.

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