Company Announcements

HAMILTON, Bermuda , Aug. 6, 2025 /PRNewswire/ -- Borr Drilling Limited (NYSE: BORR) ("BORR" or the "Company") announces the results of 2025 Special General Meeting ("SGM"), held on August 6, 2025 at 11:00 am (Bermuda local time) at the Company's registered office located at 2^nd Floor, The S.E. Pearman Building, 9 Par-la-Ville Road, Hamilton HM 11, Bermuda. 

At the SGM, the following resolutions were approved by shareholders:

1. To set the maximum number of Directors of the Company to be not more than eight.
   
   
2. To elect Mr. Thiago Mordehachvili as a Director of the Company.
   
   
3. To approve the increase of the Company's authorized share capital from US$31,500,000.00 divided into 315,000,000 common shares of US$0.10 par value each to US$36,500,000.00 divided into 365,000,000 common shares of US$0.10 par value each by the authorization of an additional 50,000,000 common shares of US$0.10 par value each.

Hamilton, Bermuda

August 6, 2025

Board of Directors

CONTACT:

Questions should be directed to: Magnus Vaaler, CFO, +44 1224 289208

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SOURCE Borr Drilling Limited