Mundo: Seadrill Limited (SDRL) – Second Quarter 2022 (2)

[1] Adjusted EBITDA and Adjusted EBITDA Margin are non-GAAP financial measures. For a definition of each such measure and a reconciliation to the most comparable GAAP financial measure, please see the Appendices.[2] For a description of Order Backlog, please see «Commercial Review».

Questions should be directed to Seadrill Management Ltd. represented by:

Simon Johnson President and Chief Executive Officer

Analyst and investor questions should be directed to:

David Warwick Director of Investor Relations +971 58 687 4132

Media questions should be directed to:

Sara Dunne Director of Communications +1 (281) 630-7064

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