This presentation contains "forward-looking statements" about Noble Corporation plc's ("Noble" or the "Company") within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act, as amended. All statements other than statements of historical facts included in this presentation are forward looking statements, including those regarding future guidance, including revenue, adjusted EBITDA and capital additions, the petroleum market and oil demand and production growth, the offshore dr ...

Core Insights - SFL Corporation Ltd. reported preliminary financial results for Q1 2025, including a net loss of $31.9 million or $0.24 per share, primarily due to impairments on older dry-bulk vessels and the idleness of the drilling rig Hercules [1][6] - The company declared a quarterly cash dividend of $0.27 per share, marking the 85th consecutive quarterly dividend [5][6] - Charter hire revenue for the quarter was $193.5 million, which included $1.5 million from profit share, while adjusted EBITDA was $108.0 million from consolidated subsidiaries and $7.7 million from associated companies [6] Financial Performance - The net loss of $31.9 million was attributed to one-off items, including impairments on older vessels [3][6] - Charter hire revenue was reported at $193.5 million, with an adjusted EBITDA of $115.7 million when including associated companies [6] - The company has been actively repurchasing shares, with a $10 million buyback at an average price of $7.98 per share [6] Fleet Management - SFL continues to renew its fleet by divesting older bulkers and containerships, focusing on assets with a charter backlog to support long-term dividend distribution [4][6] - The company upgraded several vessels during the quarter, enhancing cargo intake and fuel efficiency [3][4] Dividend Information - The declared quarterly cash dividend of $0.27 per share will be paid on or around June 27, 2025, with the record date set for June 12, 2025 [5][6] - This dividend reflects the company's commitment to maintaining a consistent distribution to shareholders [8]

Group 1 - The 2025 Annual General Meeting of SFL Corporation Ltd. was held on May 8, 2025, where the audited consolidated financial statements for the year ended December 31, 2024, were presented [1] - The Company has maintained a consistent dividend payment record every quarter since its initial listing on the New York Stock Exchange in 2004 [2] - SFL's fleet includes various types of vessels such as tankers, bulkers, container vessels, car carriers, and offshore drilling rigs, supported by long-term charters and a growing asset base [2] Group 2 - Resolutions passed at the meeting included setting the maximum number of Directors to eight and designating vacancies as casual, allowing the Board to fill them as deemed fit [4] - The re-election of several Directors was approved, including Kathrine Fredriksen, Gary Vogel, Keesjan Cordia, James O'Shaughnessy, Ole Hjertaker, and Will Homan-Russell [4] - Ernst & Young AS was re-appointed as auditors, with the Directors authorized to determine their remuneration, and the total remuneration for the Board of Directors was approved not to exceed US$800,000 for the year ended December 31, 2025 [4]

Company Overview - SFL Corporation Ltd. has a unique track record in the maritime industry, having paid dividends every quarter since its initial listing on the New York Stock Exchange in 2004 [3] - The company's fleet includes tanker vessels, bulkers, container vessels, car carriers, and offshore drilling rigs, supported by a portfolio of long-term charters and significant growth in the asset base over time [3] Financial Results Announcement - SFL plans to release its preliminary financial results for the first quarter of 2025 on May 14, 2025 [1] - A conference call and webcast for stakeholders will be held on the same day at 10:00 AM (EST) / 4:00 PM (CET) [1] Investor Relations - Relevant materials for the financial results will be available on the Investor Relations section of the company's website on the same day as the announcement [1] - Investors can join the conference call in listen-only mode via the company's website or participate in a live Q&A through Zoom [2]

Investor Presentation M a y 1 , 2 0 2 5 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, ...

Core Viewpoint - Transocean Ltd. is expected to report a first-quarter 2025 earnings loss of 12 cents per share, with revenues estimated at $885.84 million, reflecting a significant year-over-year decrease in earnings but an increase in revenues [1][3]. Group 1: Previous Quarter Performance - In the last reported quarter, Transocean posted an adjusted net loss of 9 cents per share, missing the consensus estimate of a profit of 1 cent, and adjusted revenues of $952 million, which also fell short of the $959 million estimate [2]. - The company has had mixed results in the past four quarters, beating estimates twice and missing twice, resulting in an average negative surprise of 227.65% [3]. Group 2: Revenue and Cost Projections - The Zacks Consensus Estimate for the first quarter indicates a 300% year-over-year decrease in earnings, while revenues are projected to increase by 15.49% from $767 million in the previous year [3]. - Revenue growth is anticipated in the Ultra-Deepwater Floaters segment, expected to rise by 16.3% to $661.9 million, and the Harsh Environment Floaters segment is projected to surge by 36.7% to $223.5 million [5]. - Total costs and expenses are expected to increase by 19.2% year-over-year to $906 million, with Operating and Maintenance costs rising by 17.8% to $616.2 million and depreciation and amortization expenses increasing by 28.5% to $237.7 million [6][7]. Group 3: Earnings Prediction Model - The current model does not predict an earnings beat for Transocean, as the Earnings ESP is -12.50%, indicating a lower likelihood of exceeding earnings expectations [9]. - Transocean holds a Zacks Rank of 3, suggesting a neutral outlook [10].

Company Information - SFL Corporation Ltd. has a strong track record in the maritime industry, having paid dividends every quarter since its initial listing on the New York Stock Exchange in 2004 [2] - The company's fleet includes tanker vessels, bulkers, container vessels, car carriers, and offshore drilling rigs, supported by long-term charters and significant asset growth over time [2] Upcoming Events - The 2025 Annual General Meeting of SFL Corporation Ltd. is scheduled for May 8, 2025, with a record date for voting set on April 4, 2025 [1]