Oslo, 3 July 2025: Reference is made to the stock exchange notice by Deep Value
Driller AS ("DVD") earlier today. As set out in the notice, the board of
directors has resolved to distribute a dividend in the amount of NOK 0.20 per
share, in total approximately NOK 18.6 million, for July 2025.

The dates relevant to the proposed dividend distribution are set out below:

Dividend amount: NOK 0.20 per share
Announced currency: NOK
Last day including right: 4 July 2025
Ex-date: 7 July 2025
Record date: 8 July 2025
Payment date: On or about 10 July 2025
Date of approval: 3 July 2025

The distribution shall constitute repayment of paid-in capital by the
shareholders of DVD.

This information is published in accordance with the requirements of the
Euronext Growth Oslo Rule Book Part II.