Results of the Annual General Meeting of Maersk Drilling

Today, The Drilling Company of 1972 A/S (“Maersk Drilling”) adopted the following resolutions at its Annual General Meeting:

Financial year 2020

• Annual Report for 2020 was adopted
• Loss for 2020 will be carried forward and no ordinary dividend will be paid for 2020
• Board of Directors and Executive Management were discharged of liability

Remuneration

• Annual Remuneration Report for 2020 was adopted
• Remuneration level of the Board of Directors for 2021 was approved

Composition of the Board of Directors

• Claus V. Hemmingsen was re-elected as Chairman of the Board of Directors
• Alastair Maxwell, Ann-Christin G. Andersen, Kristin H. Holth, Martin Larsen and Robert M. Uggla were re-elected as members of the Board of Directors. Kathleen McAllister did not stand for re-election

Amendments to the Articles of Association

• A new authorisation for the Board of Directors to increase the share capital without pre-emption rights for existing shareholders was approved
• An option for the Board of Directors to decide to conduct general meetings by electronic means only was approved

Other

• PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab was re-elected as auditor

More detailed minutes of the Annual General Meeting will be published in due course on Maersk Drilling’s website, https://investor.maerskdrilling.com/general-meetings.

Following the Annual General Meeting, the Board of Directors held a meeting to elect a Vice Chairman and appoint members of the board committees. Accordingly, the Board of Directors and its committees are composed as follows:

For further information, please contact:

Michael Harboe-Jørgensen
Head of Investor Relations
+45 23 28 57 33
[email protected]

Kristoffer Apollo
Head of Media Relations
+45 27 90 31 02
[email protected]

Attachment

• Company Announcement - 005 - 08042021 - Results of AGM