Seadrill Ltd — fact timeline

Seadrill Ltd shareholders approved Approval of Amendment No. 1 to the Amended and Restated Seadrill Limited 2022 Management Incentive Plan at the 2026-06-03 meeting.

“Proposal 6: Approval of Amendment No. 1 to the Amended and Restated Seadrill Limited 2022 Management Incentive Plan Amendment No. 1 to the Amended and Restated Seadrill Limited 2022 Management Incentive Plan was approved, with the vote totals as set forth in the table below: For Against Abstentions Broker Non-Votes 41,146,428 2,201,541 1,547,913 3,956,408”

Seadrill Ltd shareholders approved Advisory vote to approve compensation of named executive officers for 2025 at the 2026-06-03 meeting.

“Proposal 5: Advisory Vote to Approve the Compensation of the Company’s Named Executive Officers The advisory vote to approve the compensation of the Company’s named executive officers for 2025 was approved, with the vote totals as set forth in the table below: For Against Abstentions Broker Non-Votes 41,033,521 2,310,244 1,552,117 3,956,408”

Seadrill Ltd shareholders approved Approval and Ratification of the Remuneration of Directors at the 2026-06-03 meeting.

“Proposal 4: Approval and Ratification of the Remuneration of Directors The remuneration of the directors described in the Proxy Statement was approved and ratified, with the vote totals as set forth in the table below: For Against Abstentions Broker Non-Votes 43,328,331 15,251 1,552,300 3,956,408”

Seadrill Ltd shareholders approved Appointment of PricewaterhouseCoopers LLP as independent registered public accounting firm at the 2026-06-03 meeting.

“Proposal 3: Appointment of the Independent Registered Public Accounting Firm The appointment of PricewaterhouseCoopers LLP, United States (“PwC US”), to serve as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026 and until the close of the Company’s next annual general meeting of shareholders thereafter and the authorization of the Board (acting through the Audit and Risk Committee of the Board) to determine the remuneration of PwC US was approved, with the vote totals as set forth in the table below: For Against Abstentions Broker Non-Votes 47,223,781 79,918 1,548,591 —”

Seadrill Ltd shareholders approved Re-election of Directors at the 2026-06-03 meeting.

“Proposal 2: Re-Election of Directors The following director nominees were re-elected as directors of the Company to serve until the Company’s next annual general meeting of shareholders or until their respective offices are otherwise vacated in accordance with the Bye-laws, with the vote totals as set forth in the table below:”

Seadrill Ltd shareholders approved Determine number of directors at up to nine at the 2026-06-03 meeting.

“was approved, with the vote totals as set forth in the table below: For Against Abstentions Broker Non-Votes 43,175,908 173,864 1,546,110 3,956,408”

Seadrill Ltd reported first quarter 2026 results: revenue $358 million, net income $7 million, EPS $(0.11). Guidance raised.

“security, we see growing tailwinds into 2027 to drive positive dayrate momentum.” Financial and Operational Results First quarter 2026 Total operating revenues decreased to $358 million, compared to $362 million in the prior quarter. The decrease was largely attributable to fewer operating days and lower reimbursable revenues, partially offset by increases in”