Archer Limited: Annual report and ESG report for 2020

Hamilton, Bermuda (March 26, 2021)

Archer has today published its annual report and its Environmental, Social and Governance (“ESG”) report for 2020.

The financial numbers in the annual report 2020 are identical to the preliminary full year 2020 results incorporated in the fourth quarter 2020 earnings release published on February 25, 2021.

The 2020 ESG report has been prepared in accordance with the framework established by the Sustainability Accounting Standards Board (SASB) for Oil and Gas Services.

Archer is committed to contributing to the ongoing energy transition. Through our development of new low carbon technologies, solutions, and services, Archer is rapidly adapting to and embracing the sustainability focus on lower emissions, reduced carbon footprints, continued focus on HSE, targeted diversity, and good governance. We are ready for the future of the energy industry.

The reports will also be available on Archer's website: www.archerwell.com

This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act