Northern Ocean Ltd.

Northern Ocean Ltd is an international drilling contractor with the purpose of owning high specification offshore drilling units designed for harsh environments. The Drilling units are among the most sophisticated in the world and provide safe, efficient operations while incorporating leading green energy technologies. Northern Ocean Ltd has invested in hybrid integrated battery systems and power generation solutions that lower fuel consumption to reduce NOx & CO2 emissions and making the units more environmentally friendly. Northern Ocean Ltd (“NOL”) is a spin-off company of Northern Drilling Ltd, established in March 2017 and listed on Oslo Stock Exchange in June 2018 under the ticker “NODL”. For more information about Northern Drilling Ltd, please see www.northerndrillingltd.com. Northern Ocean is listed at Oslo Stock Exchange under the ticker “NOL”.