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Investor Presentaiton

. Outlook Archer expects continued growth in 2019 on the back of strong backlog: Revenue set to increase 4-6% over 2018 Archer - Eastern Hemisphere set to further increase 15-20% from 2018 . • EBITDA margin about 10-12% Capex 3-4% of revenue Robust liquidity and strong operational cash flow Beyond 2019, Archer is well positioned for further growth: Platform Drilling with good prospects to deploy modular drilling rigs from 2020 New technology revenue in Well Services and general market rebound to drive growth Modern assets and attractive market position in Vaca Muerta Archer 13

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