The Board of Directors of NorAm Drilling AS approved a monthly cash distribution of USD 4.7 million or USD 0.11 per share for May 2023. The distribution will be made from the Company's Contributed Surplus account which consists of previously paid in share premium transferred from the Company's Share Premium account. Date of approval: May 8, 2023, Ex-date: May 12, 2023, Record date: May 15, 2023, Payment date: On or about May 19, 2023.