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Investor Presentaiton

Recent Commercial Activity North Sea Noble Resolute Noble Interceptor A prior option with Petrogas is replaced with a new five-well contract commencing in Q1 2024 in direct continuation of the rig's preceding work scope. The new contract, including use of the rig's SCR system, has an estimated duration of 188 days and minimum value of $24mm, with provisions to potentially increase the dayrate depending on market conditions. The contract contains 1 additional one-well option. TotalEnergies has exercised an option to add two months to the accommodation services work scope in the Danish North Sea. The extension will commence in November 2022, in direct continuation of the rig's current contract. 1 two-month option remains. Americas Noble Valiant In Suriname, Total Energies exercised a one-well option expected to commence in January 2023 in direct continuation of the current work scope. The value of the extension is approximately $25mm with an estimated 100 days duration and includes integrated services and MPD. Noble Gerry In Suriname, APA Corp exercised its second of two options (and novated to Total Energies). de Souza Noble Resolve Awarded a two-well contract in the Danish North Sea with INEOS E&P A/S. The contract is expected to commence in the first half of 2023 with an estimated duration of 322 days and firm value of approximately $34mm including additional services provided. The contract includes options to add drilling or P&A work scopes at up to 9 additional wells. Noble Developer Noble Regina Allen In Brazil, Shell awarded a contract to drill one exploration well and perform subsea well interventions at the BC-10 field. The contract is expected to commence in March 2023, in direct continuation of the rig's current contract, with an estimated duration of 90 days. The contract value is approximately $37mm, including mobilization. In Trinidad & Tobago, NRA had option 1 of 3 exercised for two wells by undisclosed operator. Malaysia Noble Viking Shell exercised three remaining one-well options and awarded an additional eight-well contract. A five-well work scope will be novated to PTTEP for drilling and P&A with a total estimated duration of 116 days commencing in November 2022. Following the PTTEP work scope, the rig will undergo a scheduled special periodic survey and then commence a six-well drilling campaign with Shell in Q4 2023 with an estimated duration of 281 days. The total firm contract value of the contract extension and additional contract is approximately $153mm, including demobilization and mobilization fees, as well as use of MPD on certain wells. Shell retains options for an additional 11 wells. Noble Voyager Noble Faye Kozack In Mexico, Shell exercised a six-month option commencing in April 2023 in direct continuation of the current contract. The value of the extension is approximately $77mm, excluding integrated services and potential performance bonuses. The contract now contains options for up to an additional18 months. In the U.S. GOM, LLOG contracted the rig for 1 firm well including MPD. Notes Names of all legacy Maersk Drilling rigs in this report reflect the newly assigned names as part of the Noble fleet. The official vessel renaming process remains underway. This report excludes the Noble Hans Deul, Noble Sam Hartley, Noble Sam Turner, Noble Houston Colbert, and Noble Lloyd Noble which are included in a previously announced rig sale agreement which is expected to close in early October 2022. 1. Commercial activity listed reflects all publicly announced contracts and option exercises since prior Fleet Status Reports (which were August 8, 2022 for legacy Noble and August 19, 2022 for legacy Maersk Drilling) The information contained in this fleet status report is as of the date of the report only and is subject to change without notice to the recipient, and we assume no duty to update any portion of the information contained herein. This fleet status report contains statements that are not historical facts, which are "forward-looking statements" within the meaning of the U.S. federal securities laws. Forward-looking statements include, but are not limited to, statements about the estimated duration of client contracts, contract dayrate amounts, future contract commencement dates, shipyard projects, our business, financial performance, and prospects. Although we believe that the expectations reflected in such forward-looking statements are reasonable, we cannot assure you that such expectations will prove to have been correct. Various factors could cause actual results to differ materially. NOBLE
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