Seadrill dismisses PwC UK, appoints PwC US as auditor after transition to U.S. domestic reporting status

Seadrill Ltd

Audit committee approved dismissal of PwC UK and appointment of PwC US as independent auditor for FY 2025.
Auditor change follows Seadrill's transition from foreign private issuer to U.S. domestic reporting status effective Jan 1, 2025.
PwC UK's audit reports for FY 2024 and 2023 were unqualified; no disagreements or reportable events.
Shareholder approval required at 2025 AGM to formalize appointment of PwC US for Bermuda Companies Act purposes.

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