Oslo, 8 June 2026: Eldorado Drilling BondCo Limited ("Eldorado" or the "Company"), a wholly owned subsidiary of Eldorado Drilling Limited (the "Eldorado Parent"), has mandated Fearnley Securities AS as Sole Global Coordinator and Joint Bookrunner, and Arctic Securities AS, DNB Carnegie, a part of DNB Bank ASA, and Pareto Securities AS as Joint Bookrunners to arrange a series of fixed income investor meetings commencing today. A new 4-year senior secured bond with an issue amount of USD 425 million may follow, subject to inter alia market conditions.

The net proceeds from the contemplated bond issue will be used, together with proceeds from the Eldorado Parent USD 135.5 million equity private placement to (i) acquire Vantage Drilling International Limited, (ii) refinance the existing secured debt of Atlantic Zonda and (iii) for general corporate purposes.

Contact:

Victor Dietrichson Correia, Chief Financial Officer

Phone: +47 949 88 356

Email: vdc@eldoradodrilling.no