Group 1 - Borr Drilling Limited (NYSE:BORR) experienced a share price decline of 13.69% from December 10 to December 17, 2025, making it one of the worst-performing energy stocks during that week [1] - The company announced an equity offering of 21 million shares on December 8, aiming to raise $84 million in gross proceeds, with the offering priced at $4 per share [3] - Proceeds from the equity offering will be used to acquire five jackup rigs from Noble Corporation plc for $360 million and for general corporate purposes [3] Group 2 - The acquisition will be financed through $150 million in additional senior secured notes due 2030 and $150 million seller's credit due 2032, alongside the equity offering [4] - This acquisition is expected to close in Q1 2026 and will increase Borr's fleet size to 29 rigs [4] - CEO Bruno Morand stated that the acquisition represents a strategic and financial opportunity, with expectations for immediate accretion to Adjusted EBITDA and a reduction in debt per rig [4]

Investor Presentation FOCUSED VALUE DRIVEN RESPONSIBLE Forward-Looking Statements Statements contained in this investor presentation that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include words or phrases such as "anticipate," "believe," "estimate," "expect," "intend," "likely," "outlook," "plan," "project," "could," "may," ...