Deep Value Driller AS - Dividend of NOK 0.25 per share declared

Oslo, 7 October 2025: Reference is made to the stock exchange notice by DeepValue Driller AS ("DVD" or the "Company") on 4 October 2024 regarding theupdated dividend distribution policy of DVD. Reference is further made to theboard authorisation granted by DVD's annual general meeting on 6 June 2025 toresolve and distribute dividends in line with the Company's dividend policybased on the annual accounts for 2024.

DVD's board of directors has today resolved to distribute a dividend in theamount of NOK 0.25 per share, in total approximately NOK 23.3 million, forOctober 2025. The dividend is expected to be paid on or about 14 October 2025and will be regarded as repayment of paid-in capital by the shareholders oftheCompany. DVD notes that pursuant to the Company's loan facility, as amended 14April 2025, the Company is required to retain an amount equal to 12 months' ofinterest payments which is not available for distribution.

* * *

Contacts:

Svend Anton Maier, CEO

+47 41 42 71 29 sam@deepvaluedriller.no

About Deep Value Driller

Deep Value Driller AS is a drillship-owning company which owns the highspecification UDW 7th generation drillship "Deep Value Driller", built in2014.As part of its strategy, the company has an ambition to create and maximisevalue for its customers and investors, while at the same time ensuring safeandsustainable operation of its drillship. For further information, visitwww.deepvaluedriller.no.

This information is subject to the disclosure requirements pursuant to section5-12 of the Norwegian Securities Trading Act and the Euronext Growth Rule Bookpart II.

https://newsweb.oslobors.no/message/656776