(Oslo, 29 January 2025) Dolphin Drilling AS (Dolphin Drilling, OSE: DDRIL) today announces the resignation by Chief Executive Officer Bjørnar Iversen with immediate effect. Jon Oliver Bryce is appointed interim-CEO.

“We would like to thank Bjørnar for his contributions to the Company over the last 6 years and wish him well with his future endeavors,” says Martin Nes, Chairman of the Board of Directors.

Jon Oliver Bryce currently holds the position as Chief Strategy Officer in Dolphin Drilling and brings over 30 years of experience in the drilling industry. Prior to joining Dolphin Drilling, he held senior positions, including leadership roles at Awilco Drilling and Odfjell Drilling.

Bryce holds a degree in Mechanical Engineering and is on the supervisory board of the UK Chamber of Shipping and is also the chair of the British Rig Owners Association.

ENDS

For further information, please contact:

Martin Nes, Chairman of the Board of Directors: +47 920 14 814

About Dolphin Drilling | www.dolphindrilling.com

Dolphin Drilling is a leading harsh environment drilling contractor for the offshore oil and gas industry. Dolphin Drilling owns a fleet of three high-technical standard 4th and 5th generation enhanced Aker H3 and H4 units, Blackford Dolphin, Borgland Dolphin, and Paul B. Loyd, Jr., operated by an experienced team with a strong operational track record. The company has offshore and onshore offices and operations in Norway, Scotland, India and Brazil.