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Investor Presentaiton

Archer is positioned in segments with positive outlook in rebounding markets Business units Platform Drilling & Engineering Land Drilling Well Services Platform Drilling Engineering Modular rigs Land Drilling North Land Drilling South Oiltools Wireline Key drivers • Lowest cost production drilling for platforms with drilling facilities P&A market in the North Sea for Modular rigs Land drilling market in Bolivia and Argentina • Well intervention & P&A • New products Archer Key region Outlook* North Sea North Sea Global offshore Bolivia and Vaca Muerta Southern Argentina North Sea, Global offshore and Middle East onshore * Medium term growth outlook 16

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