Dolphin Drilling (DDRIL)

TekBot · november 24, 2025, 7:42am

Dolphin Drilling - Presentation of Q3 2025 financial results

(Oslo, 24 November 2025) Dolphin Drilling AS (OSE: DDRIL, Dolphin Drilling)
plan to publish its financial report for the third quarter of 2025 on Friday
28 November at 07.30 CET. The results will be presented on 28 November 2025
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through an audiocast starting 11:00 CET. The presentation will be held by CEO
Jon Oliver Bryce and CFO Ingolf Gillesdal.

Link to Q3 2025 audiocast:

Webcast: https://edge.media-server.com/mmc/p/grqphmc9

Conference call for participants:
Conference Registration

Participants may also visit the Investor Relations section of the Company’s
website at www.dolphindrilling.com and click on the link to “Q3 2025 Investor
Presentation Audiocast”.

For further information, please contact: Ingolf Gillesdal, CFO, tel: +47 920
45 320

Dolphin Drilling | www.dolphindrilling.com

About Dolphin Drilling AS:

Dolphin Drilling AS is an Oslo listed, Aberdeen head-quartered, company which
owns and operates a fleet of harsh environment mid-water & deep-water
semisubmersible drilling rigs, capable of working worldwide.

This information is subject to disclosure under the Norwegian Securities
Trading Act, §5-12. The information was submitted for publication, through the
agency of the contact persons set out above, at 2025-11-24 08:41 CET.

Kilde

TekBot · november 28, 2025, 6:30am

Dolphin Drilling AS Announces Financial Results for Third Quarter 2025

Oslo, Norway, 28 November 2025.

Dolphin Drilling AS (OSE: DDRIL) announced today its preliminary financial
…

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results for the three months ended 30 September 2025.

Q3 2025 and Subsequent Events

Q3 Revenue: USD 37.7 million, compared to USD 16.5 million in Q3 2024

Q3 EBITDA: a loss of USD 4.7 million, an improvement from a loss of USD 22.1
million in Q3 2024, impacted by the planned out of service days for Paul B
Loyd Jr and her rig survey

Q3 G&A cost: USD 4.0 million, a reduction from USD 5.3 million in Q3 2024

Q3 Net Earnings: loss of USD 18.2 million or USD 0.06 per share, compared to
a loss of USD 30.2 million in Q3 2024 or USD 0.14 per share

Q3 Rig Utilization: PBLJ had rig uptime of 98.3% (on contract for 30 days
due to the planned rig survey). Blackford Dolphin on contract for the full
quarter at an average of 89.8%. In September 2025, Paul B. Loyd, Jr (“PBLJ”)
completed its 5-year rig survey within the capex budget of USD 30 million

USD 100 million in contract awards: The company signed a contract adding USD
60 million in revenue backlog for the Borgland Dolphin with Repsol SA as
well as contract extension adding USD 40 million for the Blackford Dolphin
with Oil India

The preliminary earnings report and company presentation are enclosed. The
results will be presented later today through an audiocast including Q&A
starting 11:00 CET. The presentation will be held by CEO Jon Oliver Bryce and
CFO Ingolf Gillesdal. Visit the Investor Relations section of the Company’s
website at www.dolphindrilling.com and click on the link to “Q3 2025 Investor
Presentation Audiocast”.

For further information, please contact: Ingolf Gillesdal, CFO, tel: +47 920
45 320

Dolphin Drilling | www.dolphindrilling.com (http://www.dolphindrilling.com/)

Dolphin Drilling AS is an Oslo listed, Aberdeen head-quartered, company which
owns and operates a fleet of harsh environment mid-water & deep-water
semisubmersible drilling rigs, capable of working worldwide.

This information is information that Dolphin Drilling is obliged to make
public pursuant to the EU Market Abuse Regulation. The information was
submitted for publication, through the agency of the contact persons set out
above, at 2025-11-28 07:30 CET.

Kilde

TekBot · desember 1, 2025, 6:31am

Dolphin Drilling AS amendment to bond

Oslo, 1 December 2025: Reference is made to the stock exchange announcement
made by Dolphin Drilling AS (the “Company”) on 11 November 2025 regarding the
private placement of 13,774,772,727 new shares in the Company (the "Offer
…

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Shares") at a subscription price of NOK 0.011 per share, raising gross
proceeds of approximately NOK 151.5 million, equivalent to approximately USD
15 million (the “Private Placement”).

Completion of the Private Placement is, among other things, conditional upon
the Company’s wholly owned subsidiary Dolphin Drilling Offshore AS entering
into a binding agreement with Nordic Trustee AS in relation to the bond terms
for the “Dolphin Drilling Offshore AS 12,50% senior secured USD 41,505,376
bonds 2025/2027” with ISIN NO0013615567 to allow amortisation relief under the
bonds.

The Company hereby announces that Dolphin Drilling Offshore AS entered into
such an agreement with Nordic Trustee AS, thereby fulfilling this condition.
As a result, the remaining conditions for completion of the Private Placement
are: (i) the Company’s extraordinary general meeting to be held today
resolving to approve the Private Placement and issue the Offer Shares, as well
as approval of ancillary resolutions necessary to consummate the Private
Placement, including an authorisation to issue commission shares; and (ii)
registration of the share capital increase pertaining to the issue of shares
with the Private Placement in the Norwegian Register of Business Enterprises.

For further information, please contact: Ingolf Gillesdal, CFO, tel: +47 920
45 320

Dolphin Drilling | www.dolphindrilling.com (http://www.dolphindrilling.com/)

About Dolphin Drilling AS:

Dolphin Drilling AS is an Oslo listed, Aberdeen head-quartered, company which
owns and operates a fleet of harsh environment mid-water & deep-water
semisubmersible drilling rigs, capable of working worldwide.

This information is subject to disclosure under the Norwegian Securities
Trading Act, §5-12.

Kilde

TekBot · desember 1, 2025, 10:42am

DOLPHIN DRILLING AS EXTRAORDINARY GENERAL MEETING HELD

Oslo, 1 December 2025: Reference is made to the stock exchange announcement
made by Dolphin Drilling AS (the “Company”) on 17 November 2025 regarding the
notice of an extraordinary general meeting in the Company to, among other
…

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things, approve the resolutions in connection with the Private Placement (as
defined therein).

The extraordinary general meeting was held today, 1 December 2025, at 11:00
CET. As set out in the attached minutes, all matters on the agenda were
approved as proposed by the board of directors, including: (i) the issuance of
new shares in the Private Placement; (ii) granting an authorisation to the
board to issue new shares as compensation to the underwriters in the Private
Placement; (iii) an authorisation for the board to issue shares to facilitate
a reverse share split; (iv) a reverse share split in the ratio of 300:1; and
(v) election of members to the board.

For more information about the Private Placement, please refer to the
Company’s stock exchange announcements of 11 November 2025.

For further information, please contact: Ingolf Gillesdal, CFO, tel: +47 920
45 320

Dolphin Drilling | www.dolphindrilling.com (http://www.dolphindrilling.com/)

About Dolphin Drilling AS:

Dolphin Drilling AS is an Oslo listed, Aberdeen head-quartered, company which
owns and operates a fleet of harsh environment mid-water & deep-water
semisubmersible drilling rigs, capable of working worldwide.

This information is subject to the disclosure requirements pursuant to the
Norwegian Securities Trading Act section 5-12 and the Euronext Growth Rule
Book part II.

Kilde

TekBot · desember 1, 2025, 6:33pm

Dolphin Drilling AS Notification of major shareholding

Oslo, 1 December 2025: Reference is made to the stock exchange announcement
made by Dolphin Drilling AS (the “Company”) earlier today regarding completion
of the extraordinary general meeting where it was, among other things,
…

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resolved to issue 13,774,772,727 new shares in the Company at a subscription
price of NOK 0.011 per share, raising gross proceeds of approximately USD 15
million (the “Private Placement”).

Mirabella Financial Services LLP (on behalf of Svelland Global Trading Master
Fund and certain other accounts, collectively referred to as “Svelland”) has
subscribed for 10,129,792,249 shares in the Private Placement. Following
registration of the share capital increase with the Norwegian Register of
Business Enterprises, Svelland’s total direct and indirect shareholding will
increase from 16,014,802,966 to 26,144,595,215 shares, corresponding to an
increase from 49.08% to 56.34% of the outstanding share capital and votes,
thereby crossing the 50% major holding threshold.

For further information, please contact: Ingolf Gillesdal, CFO, tel: +47 920
45 320

Dolphin Drilling | www.dolphindrilling.com (http://www.dolphindrilling.com/)

About Dolphin Drilling AS:

Dolphin Drilling AS is an Oslo listed, Aberdeen head-quartered, company which
owns and operates a fleet of harsh environment mid-water & deep-water
semisubmersible drilling rigs, capable of working worldwide.

This information is subject to the disclosure requirements pursuant to section
4.3.1 of the Euronext Growth Markets Rule Book I.

Kilde

TekBot · desember 5, 2025, 3:13pm

Dolphin Drilling AS New share capital registered

Oslo, 5 December 2025: Reference is made to the stock exchange announcements
made by Dolphin Drilling AS (the “Company”) on 11 November 2025 regarding the
private placement of 13,774,772,727 new shares in the Company, raising gross
…

Vis børsmeldingen

proceeds of NOK 151.5 million, equivalent to approximately USD 15 million (the
“Private Placement”), and on 1 December 2025 regarding the Company’s
extraordinary general meeting resolving to, inter alia, approve the issuance
of new shares in the Private Placement and grant an authorisation to the Board
to issue new shares as compensation to the underwriters in the Private
Placement.

The share capital increase pertaining to the issuance of new shares in
connection with the Private Placement has been registered with the Norwegian
Register of Business Enterprises:

Share capital: NOK 464,072,506.74
Total number of shares: 46,407,250,674
Par value of each share: NOK 0.01

For further information, please contact:

Ingolf Gillesdal, CFO
Tel: +47 920 45 320

Dolphin Drilling | www.dolphindrilling.com (http://www.dolphindrilling.com/)

About Dolphin Drilling AS:

Dolphin Drilling AS is an Oslo listed, Aberdeen head-quartered, company which
owns and operates a fleet of harsh environment mid-water & deep-water
semisubmersible drilling rigs, capable of working worldwide.

This information is subject to the disclosure requirements pursuant to Section
5-12 of the Norwegian Securities Trading Act and the Euronext Growth Rule Book
Part II.

Kilde

TekBot · desember 8, 2025, 7:02am

Dolphin Drilling AS Board resolution to increase share capital

Oslo, 8 December 2025: Reference is made to the stock exchange announcements
made by Dolphin Drilling AS (the “Company”) on 11 November 2025 regarding the
private placement of new shares in the Company, raising gross proceeds of NOK
…

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151.5 million, equivalent to approximately USD 15 million (the “Private
Placement”), and on 1 December 2025 regarding the Company’s extraordinary
general meeting resolving to, inter alia, approve the issuance of new shares
in the Private Placement and grant an authorisation to the Board to issue new
shares as compensation to the underwriters in the Private Placement (the
“Commission Shares”).

The Company’s board of directors has resolved to increase the share capital by
issue of 1,377,477,272 Commission Shares, as authorised by the extraordinary
general meeting on 1 December 2025.

Upon registration of the share capital increase, the Company’s registered
share capital will be NOK 477,847,279.46, divided into 47,784,727,946 shares,
each with a nominal value of NOK 0.01.

For further information, please contact:

Ingolf Gillesdal, CFO
Tel: +47 920 45 320

Dolphin Drilling | www.dolphindrilling.com (http://www.dolphindrilling.com/)

About Dolphin Drilling AS:

Dolphin Drilling AS is an Oslo listed, Aberdeen head-quartered, company which
owns and operates a fleet of harsh environment mid-water & deep-water
semisubmersible drilling rigs, capable of working worldwide.

This information is subject to the disclosure requirements pursuant to Section
5-12 of the Norwegian Securities Trading Act and the Euronext Growth Rule Book
Part II.

Kilde

TekBot · desember 8, 2025, 2:10pm

Correction: Dolphin Drilling AS Board resolution to increase share capital

This announcement corrects previously communicated information. Information
that is subject to correction is highlighted with asterisks (**).

…

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Oslo, 8 December 2025: Reference is made to the stock exchange announcements
made by Dolphin Drilling AS (the “Company”) on 11 November 2025 regarding the
private placement of new shares in the Company, raising gross proceeds of NOK
151.5 million, equivalent to approximately USD 15 million (the “Private
Placement”), and on 1 December 2025 regarding the Company’s extraordinary
general meeting resolving to, inter alia, approve the issuance of new shares
in the Private Placement and grant an authorisation to the Board to issue new
shares as compensation to the underwriters in the Private Placement (the
“Commission Shares”).

The Company’s board of directors has resolved to increase the share capital by
issue of **1,365,156,818 Commission Shares, as authorised by the extraordinary
general meeting on 1 December 2025.

Upon registration of the share capital increase, the Company’s registered
share capital will be NOK **477,724,074.92, divided into **47,772,407,492
shares, each with a nominal value of NOK 0.01.

For further information, please contact:

Ingolf Gillesdal, CFO
Tel: +47 920 45 320

Dolphin Drilling | www.dolphindrilling.com (http://www.dolphindrilling.com/)

About Dolphin Drilling AS:

Dolphin Drilling AS is an Oslo listed, Aberdeen head-quartered, company which
owns and operates a fleet of harsh environment mid-water & deep-water
semisubmersible drilling rigs, capable of working worldwide.

This information is subject to the disclosure requirements pursuant to Section
5-12 of the Norwegian Securities Trading Act and the Euronext Growth Rule Book
Part II.

Kilde

TekBot · desember 10, 2025, 1:24pm

Dolphin Drilling AS New share capital registered

Oslo, 10 December 2025: Reference is made to the stock exchange announcements
made by Dolphin Drilling AS (the “Company”) on 11 November 2025 regarding the
private placement of new shares in the Company, raising gross proceeds of NOK
…

Vis børsmeldingen

151.5 million, equivalent to approximately USD 15 million (the “Private
Placement”), and on 8 December 2025 regarding the board of directors’
resolution to increase the Company’s share capital by issuance of
1,365,156,818 new shares at NOK 0.011 per share to the underwriters in the
Private Placement, payable by the Company as compensation for their
underwriting commitments (the “Commission Shares”).

The share capital increase pertaining to the issuance of the Commission Shares
has been registered with the Norwegian Register of Business Enterprises:

Share capital: NOK 477,724,074.92
Total number of shares: 47,772,407,492
Par value of each share: NOK 0.01

For further information, please contact:

Ingolf Gillesdal, CFO
Tel: +47 920 45 320

Dolphin Drilling | www.dolphindrilling.com (http://www.dolphindrilling.com/)

About Dolphin Drilling AS:

Dolphin Drilling AS is an Oslo listed, Aberdeen head-quartered, company which
owns and operates a fleet of harsh environment mid-water & deep-water
semisubmersible drilling rigs, capable of working worldwide.

This information is subject to the disclosure requirements pursuant to Section
5-12 of the Norwegian Securities Trading Act and the Euronext Growth Rule Book
Part II.

Kilde

TekBot · desember 17, 2025, 3:43pm

Dolphin Drilling: Change of CEO

Oslo, Norway – 17 December 2025 – Dolphin Drilling today announces that Jon
Oliver Bryce has resigned from his position as Chief Executive Officer (CEO).
The Board of Directors has appointed Michael Boyd, currently the company’s
…

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Chief Commercial Officer, as the new CEO, effective immediately.

Chairman’s Statement

“We would like to thank Jon Oliver Bryce for his contributions to the Company
and wish him the very best in his future endeavours.”

Bjørnådal added: “We are pleased to appoint Michael Boyd as the new CEO of
Dolphin Drilling. Michael has been instrumental in building our contract
portfolio and strengthening our commercial performance. His deep industry
knowledge and strategic focus make him exceptionally well-suited to lead the
company into its next chapter.”

About the Incoming CEO

Boyd brings extensive industry experience and has been central to shaping
Dolphin Drilling’s commercial strategy in recent years. As CEO, he will drive
a renewed focus on operational performance, cost discipline, contract backlog,
and targeted capital allocation. His leadership will centre on aligning the
organisation’s structure and capabilities to ensure Dolphin Drilling operates
from a more robust, resilient platform and competes strongly in the market.
The company’s refreshed strategy is aimed at reducing uncertainty and
delivering sustainable long-term value for customers, employees, and
shareholders.

He will be supported by the COO and CFO, who together will form the company’s
core executive team. This strengthened leadership structure is designed to
create a more agile, focused organisation with clear direction and robust
operational and financial oversight.

For further information, please contact: Ronny Bjørnådal, Chairman, tel: +47
918 50 549

Dolphin Drilling | www.dolphindrilling.com (http://www.dolphindrilling.com/)

Dolphin Drilling AS is an Oslo listed, Aberdeen head-quartered, company which
owns and operates a fleet of harsh environment mid-water & deep-water
semisubmersible drilling rigs, capable of working worldwide.

This information is considered to be inside information pursuant to the EU
Market Abuse Regulation and is subject to the disclosure requirements pursuant
to the Norwegian Securities Trading Act section 5-12.

This stock exchange release was published by Ingolf Gillesdal on the time and
date provided.

Kilde

TekBot · desember 23, 2025, 10:09am

Financial calendar

TekBot · desember 23, 2025, 12:20pm

Dolphin Drilling AS Mandatory notification of trade

Oslo, 23 December 2025: Johan Finnestad, COO and primary insider of Dolphin
Drilling AS (the “Company”, OSE ticker: DDRIL), has today purchased 2,200,000
shares in the Company at an average price of NOK 0.0098 per share and sold
…

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155,000 shares at an average price of NOK 0.0096 per share. Following these
transactions, Johan Finnestad owns 22,200,115 shares in the Company.

Further information about the transactions is included in the attached
notification form.

For further information, please contact:

Ingolf Gillesdal, CFO
Tel: +47 920 45 320

Dolphin Drilling | www.dolphindrilling.com

About Dolphin Drilling AS:

Dolphin Drilling AS is an Oslo listed, Aberdeen head-quartered, company which
owns and operates a fleet of harsh environment mid-water & deep-water
semisubmersible drilling rigs, capable of working worldwide.

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.

Kilde

TekBot · januar 12, 2026, 12:11pm

Dolphin Drilling AS Key information relating to reverse share split and change of ISIN

Oslo, 12 January 2026: Reference is made to the stock exchange announcement
made by Dolphin Drilling AS (the “Company”) on 1 December 2025 regarding the
Company’s extraordinary general meeting resolving, among other things, to
…

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approve a reverse share split in the ratio of 300:1, and earlier today
regarding the resolution by the board of directors to issue 208 new shares to
facilitate the reverse share split.

As further set out below, the board of directors has determined the key dates
for implementation of the reverse share split. The reverse share split will
include the 208 new shares which the board of directors resolved to issue
earlier today. In connection with the reverse share split, the Company’s
shares will also be transferred to a new ISIN.

Key information relating to the reverse share split and change of ISIN:

Date on which the corporate action was made public: 17 November 2025

Reverse share split ratio: 300:1, 300 old shares give one (1) new share

Last day including the right: 15 January 2026

Ex. date: 16 January 2026

Record date: 19 January 2026

New ISIN: NO 0013711739

Date of ISIN change: 16 January 2026

Rounding rules: Rounded downwards*

Date of approval: 1 December 2025

*Shareholders who do not hold a number for shares dividable by the ratio
(300:1) will, in connection with completion of the share consolidation, have
their shareholding rounded down to the nearest whole share. No fractional
shares will be issued. The general meeting has resolved that fractional shares
shall be added together to whole shares and sold on Euronext Growth Oslo, with
the net proceeds from the sale being donated to a charitable purpose as
determined by the board of directors.

For further information, please contact:

Ingolf Gillesdal, CFO
Tel: +47 920 45 320

Dolphin Drilling | www.dolphindrilling.com (http://www.dolphindrilling.com/)

About Dolphin Drilling AS:

Dolphin Drilling AS is an Oslo listed, Aberdeen head-quartered, company which
owns and operates a fleet of harsh environment mid-water & deep-water
semisubmersible drilling rigs, capable of working worldwide.

This information is subject to the disclosure requirements pursuant to the
Norwegian Securities Trading Act section 5-12 and the Euronext Growth Rule
Book part II.

Kilde

TekBot · januar 12, 2026, 12:11pm

Dolphin Drilling AS Resolution to increase share capital

Oslo, 12 January 2026: Reference is made to the stock exchange announcement
made by Dolphin Drilling AS (the “Company”) on 1 December 2025 regarding the
Company’s extraordinary general meeting resolving, among other things, to
…

Vis børsmeldingen

approve a reverse share split in the ratio of 300:1, and to authorise the
board of directors to increase the share capital to facilitate the reverse
share split.

The Company’s board of directors has resolved to increase the share capital by
issue of 208 new shares to facilitate the reverse share split, as authorised
by the extraordinary general meeting on 1 December 2025. Following
registration of both the share capital increase and the reverse share split,
the Company’s registered share capital will be NOK 477,724,077.00, divided
into 159,241,359 shares, each with a nominal value of NOK 3.00.

For further information, please contact:

Ingolf Gillesdal, CFO
Tel: +47 920 45 320

Dolphin Drilling | http://www.dolphindrilling.com
(http://www.dolphindrilling.com/)

About Dolphin Drilling AS:

Dolphin Drilling AS is an Oslo listed, Aberdeen head-quartered, company which
owns and operates a fleet of harsh environment mid-water & deep-water
semisubmersible drilling rigs, capable of working worldwide.

This information is subject to the disclosure requirements pursuant to the
Norwegian Securities Trading Act section 5-12 and the Euronext Growth Rule
Book part II.

Kilde

TekBot · januar 14, 2026, 12:08pm

Dolphin Drilling AS New share capital and reverse share split registered

Oslo, 14 January 2026: Reference is made to the stock exchange announcements
made by Dolphin Drilling AS (the “Company”) on 1 December 2025 regarding the
resolution by an extraordinary general meeting in the Company to, among other
…

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things, conduct a reverse share split in the ratio of 300:1, and on 12 January
2026 regarding the resolution to increase the share capital to facilitate the
reverse share split.

The share capital increase and the reverse share split have today been
registered with the Norwegian Register of Business Enterprises:

Share capital: NOK 477,724,077.00
Total number of shares: 159,241,359
Par value of each share: NOK 3.00

The last day including the reverse share split will be tomorrow, Thursday 15
January 2026.

For further information, please contact:

Ingolf Gillesdal, CFO
Tel: +47 920 45 320

Dolphin Drilling | www.dolphindrilling.com (http://www.dolphindrilling.com/)

About Dolphin Drilling AS:

Dolphin Drilling AS is an Oslo listed, Aberdeen head-quartered, company which
owns and operates a fleet of harsh environment mid-water & deep-water
semisubmersible drilling rigs, capable of working worldwide.

This information is subject to the disclosure requirements pursuant to the
Norwegian Securities Trading Act section 5-12 and the Euronext Growth Rule
Book part II.

Kilde

TekBot · januar 15, 2026, 6:30am

Dolphin Drilling AS: Investor Presentation at Fearnleys Securities’ Offshore Drilling & Services Seminar

TekBot · januar 16, 2026, 6:31am

Dolphin Drilling (DDRIL)

Dolphin Drilling - Presentation of Q3 2025 financial results

Dolphin Drilling AS Announces Financial Results for Third Quarter 2025

Dolphin Drilling AS amendment to bond

DOLPHIN DRILLING AS EXTRAORDINARY GENERAL MEETING HELD

Dolphin Drilling AS Notification of major shareholding

Dolphin Drilling AS New share capital registered

Dolphin Drilling AS Board resolution to increase share capital

Correction: Dolphin Drilling AS Board resolution to increase share capital

Dolphin Drilling AS New share capital registered

Dolphin Drilling: Change of CEO

Financial calendar

Dolphin Drilling AS Mandatory notification of trade

Dolphin Drilling AS Key information relating to reverse share split and change of ISIN

Dolphin Drilling AS Resolution to increase share capital

Dolphin Drilling AS New share capital and reverse share split registered

Dolphin Drilling AS: Investor Presentation at Fearnleys Securities’ Offshore Drilling & Services Seminar

Dolphin Drilling AS Ex. date reverse share split and change of ISIN today