Borr Drilling Limited – Grant of Restricted Stock Units and Share Options
Bermuda, November 17, 2023: The Board of Directors of Borr Drilling Limited (the "Company") (OSE and NYSE "BORR") has today resolved to grant 112,780 Restricted Stock Units (each, a “RSU”) to its Directors, and 2,100,000 share options (each, an “Option”) under the Company’s approved share option scheme to certain of its employees. Each RSU represents one share in the Company. The RSUs will vest in full on September 30, 2024, and will be conditional on continuing to serve as a Director of the Company at the date of vesting. The RSUs will be settled through issuance of shares in the