(Oslo, 16 November 2022) Johan Finnestad, the COO of Dolphin Drilling AS (Dolphin Drilling, OSE: DDRIL), has today sold 110,000 shares in the company at an average price of NOK 14.75 per share. Per Vangsgaard, the CTO of the company has today sold 60,000 shares at an average price of NOK 14.64 per share. The positions were sold to cover tax liabilities. Following the transactions, Johan Finnestad and Per Vangsgaard hold 116,600 and 64,800 shares in Dolphin Drilling, respectively.

This information is subject to disclosure requirements set out in the Market Abuse Regulation EU 596/2014 Article 19 and the Norwegian Securities Trading Act Section 5-12.