Hamilton, Bermuda, July 15, 2024 - Seadrill Limited ("Seadrill" or the
"Company") (NYSE & OSE: SDRL) initiated a share repurchase program June 26, 2024
to repurchase up to $200 million of the Company's common shares in open market
transactions on the OSE and NYSE through September 25, 2024 until no later than
September 30, 2025 pursuant to an agreement with DNB Markets ("DNB"). 

For the period from and including July 8, 2024, through July 12, 2024, the
Company purchased a total of 188,500 shares at an average price of $51.36 per
share. The transactions effected through the agreement with DNB comprise all the
transactions effected by or on behalf of the Company during the period.

Transaction overview
Date	Trading Venue	Volume 	Weighted Average Share Price (USD)	Total Daily
Transaction Value (USD)
8 JUL 2024	OSE	800	51.48	41,182
8 JUL 2024	NYSE	85,000	51.14	4,346,960
9 JUL 2024	OSE	700	51.00	35,699
9 JUL 2024	NYSE	25,000	50.54	1,263,438
10 JUL 2024	OSE	700	50.63	35,438
10 JUL 2024	NYSE	25,000	50.60	1,265,020
11 JUL 2024	OSE	650	51.14	33,240
11 JUL 2024	NYSE	25,000	51.97	1,299,338
12 JUL 2024	OSE	650	52.58	34,180
12 JUL 2024	NYSE	25,000	53.05	1,326,353
Period total	OSE	3,500	51.35	179,740
	NYSE	185,000	51.36	9,501,107
	Total	188,500	51.36	9,680,847
Previously disclosed totals (accumulated)	OSE	6,600	51.13	337,481
	NYSE	321,118	51.13	16,418,132
	Total	327,718	51.13	16,755,613
Program total	OSE	10,100	51.21	517,221
	NYSE	506,118	51.21	25,919,239
	Total	516,218	51.21	26,436,459


The issuer's holding of repurchased shares: 516,218
Following the completion of the above transactions, the Company has repurchased
a total of 516,218 of its own shares, corresponding to 0.76% of the Company's
total issued share count.

Appendix:
An overview of all transactions made under the Company's repurchase program and
its agreement with DNB that have been carried out during the above-mentioned
period is attached to this report and available at www.newsweb.no.

About Seadrill Limited
Seadrill is setting the standard in deepwater oil and gas drilling. With its
modern fleet, experienced crews, and advanced technologies, Seadrill safely,
efficiently, and responsibly unlocks oil and gas resources for national,
integrated, and independent oil companies. For further information, visit
www.seadrill.com.

Contact
Lydia Brantley Mabry
Director of Investor Relations
ir@seadrill.com

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