Fleet Status Report

February 2025
 Valaris Limited
Fleet Status Report
February 18, 2025

New Contracts, Extensions and Other Updates Since Last Fleet Status Report
Contract Backlog

• Valaris has been awarded the following new contracts and contract extensions, with associated contract backlog of approximately $120 million, subsequent to issuing its previous fleet status report on October 30, 2024.
Contract backlog excludes lump sum payments such as mobilization fees and capital reimbursements.

• Contract backlog decreased to approximately $3.6 billion from approximately $4.1 billion as of October 30, 2024.

Contract Awards

• 600-day priced contract extension with TotalEnergies in the UK North Sea for jackup VALARIS Stavanger. The priced extension is expected to commence in the third quarter 2025 in direct continuation of the current
program. The total contract value for the priced extension is over $75 million.

• 100-day contract for jackup VALARIS 249 with BP offshore Trinidad. The contract is expected to commence in the first quarter 2026 in direct continuation of the rig’s previous program with another operator. The total contract
value is approximately $16.8 million.

• One-well contract with Jadestone Energy offshore Australia for jackup VALARIS 247. The contract is expected to commence in March 2025 in direct continuation of the rig’s current program with another operator.

• Two-well priced option exercised by BP Indonesia for jackup VALARIS 106. The option period has an estimated duration of 80 days and is expected to commence in May 2025 in direct continuation of the existing firm
program. The operating day rate is $95,000.

• Short-term bareboat charter agreement extensions through February 28, 2025, for jackups VALARIS 116, VALARIS 146 and VALARIS 250, which are leased to ARO Drilling (“ARO”). Valaris and ARO remain in discussions
with Saudi Aramco regarding longer-term contract extensions for these rigs.

Other Fleet Status Updates

• The Company recently decided to retire three semisubmersibles from its fleet: VALARIS DPS-5, which has been idle since last working in third quarter 2024, as well as VALARIS DPS-3 and VALARIS DPS-6, which have
been stacked for several years. The Company expects that these rigs will be removed from the global drilling supply and repurposed for alternative uses or scrapped.

• Jackup VALARIS 75 has been sold for $24 million. VALARIS 75 is a 25-year-old jackup that has been stacked in the U.S. Gulf for five years. As part of the purchase and sale agreement, future operations are restricted to
the U.S. Gulf.

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 Valaris Limited
Fleet Status Report
February 18, 2025

Contract Backlog(1) (2)

($ millions) 2025 2026 2027+ Total Contracted Days(1) (2) 2025 2026 2027+

Drillships $ 866.8 $ 687.7 $ 390.1 $ 1,944.6 Drillships 2,281 1,567 740

Semisubmersibles 79.4 — — 79.4 Semisubmersibles 359 — —

Floaters $ 946.2 $ 687.7 $ 390.1 $ 2,024.0 Floaters 2,640 1,567 740

HD - Harsh Environment $ 315.4 $ 169.3 $ 129.9 $ 614.6 HD - Harsh Environment 2,213 1,102 784

HD & SD - Modern 245.3 171.0 111.1 527.4 HD & SD - Modern 1,897 1,133 718

SD - Legacy 56.5 68.3 46.2 171.0 SD - Legacy 624 730 508

Jackups $ 617.2 $ 408.6 $ 287.2 $ 1,313.0 Jackups 4,734 2,965 2,010

Other(3) $ 92.7 $ 114.1 $ 64.7 $ 271.5 Other(3) 1,222 1,460 1,540

Total $ 1,656.1 $ 1,210.4 $ 742.0 $ 3,608.5 Total 8,596 5,992 4,290

ARO Drilling(4) Average Day Rates(1) (2) 2025 2026 2027+

Owned Rigs $ 313.4 $ 204.6 $ 606.9 $ 1,124.9 Drillships $ 380,000 $ 439,000 $ 527,000

Leased Rigs 56.0 78.6 163.4 298.0 Semisubmersibles 221,000 — —

Total $ 369.4 $ 283.2 $ 770.3 $ 1,422.9 Floaters $ 358,000 $ 439,000 $ 527,000

HD - Harsh Environment $ 143,000 $ 154,000 $ 166,000

HD & SD - Modern 129,000 151,000 155,000

SD - Legacy 91,000 94,000 91,000

Jackups $ 130,000 $ 138,000 $ 143,000

(1) Contract backlog, contracted days and average day rates as of February 18, 2025.
(2) Contract backlog and average day rates exclude certain types of non-recurring revenues such as lump sum mobilization payments. Contract backlog and contracted days may include backlog and days when a rig is under suspension. Average day rates
are adjusted to exclude suspension backlog and days.
(3) Other represents contract backlog and contracted days related to bareboat charter agreements and management services contracts.
(4) ARO Drilling contract backlog as of February 18, 2025.

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 Valaris Limited
Fleet Status Report
February 18, 2025

Year Contract Contract

Asset Category / Rig Design Delivered Customer Location Start Date End Date(1) Day Rate(2) Comments
Drillships
VALARIS DS-18 GustoMSC P10000 2015 Chevron U.S. Gulf Aug 22 Aug 25 Additional rate charged when MPD services provided. Expect approx. 20 days out of
service for planned maintenance in 3Q25

VALARIS DS-17 GustoMSC P10000 2014 Equinor Brazil Sep 23 Apr 25 $447,000 Contract includes MPD and additional services
Equinor Brazil May 25 Aug 25 $497,000 Expect approx. 25 days out of service for customer required upgrades in 3Q25
Equinor Brazil Sep 25 Dec 27 Estimated total contract value ("TCV") of $498 million, inclusive of MPD, additional
services and fees for mobilization and minor rig upgrades. Based on estimated duration of
852 days comprised of a 180-day standby period followed by a 672-day drilling program

VALARIS DS-16 GustoMSC P10000 2014 Occidental U.S. Gulf Jun 24 Jun 26 Additional rate charged when MPD services provided. 1-year priced option

VALARIS DS-15 GustoMSC P10000 2014 TotalEnergies Brazil Sep 24 Dec 24 $254,000 Additional rate charged when MPD services provided
TotalEnergies Brazil Dec 24 Sep 25 $400,000 Additional rate charged when MPD and additional services provided. ...

VALARIS DS-12 DSME 12000 2013 BP Egypt Jan 24 Mar 25 TCV of $136 million based on initial estimated duration of 320 days

VALARIS DS-10 Samsung GF12000 2017 Spain Rig is warm stacked in Las Palmas, Spain

VALARIS DS-9 Samsung GF12000 2015 ExxonMobil Cyprus Jul 22 Jan 26 Contract includes MPD services. One 6-month priced option remaining

VALARIS DS-8 Samsung GF12000 2015 Petrobras Brazil Dec 23 Dec 26 $428,000 Plus mobilization fee of approx. $30 million. Contract includes additional services

VALARIS DS-7 Samsung 96K 2013 Undisclosed West Africa Jun 24 Oct 26 TCV estimated to be $364 million based on initial estimated duration of 850 days

VALARIS DS-4 Samsung 96K 2010 Petrobras Brazil Dec 24 Nov 27 $450,000 Plus mobilization fee of approx. $41 million. Contract includes MPD and additional services

Stacked
VALARIS DS-14 DSME 12000 2023 Spain

VALARIS DS-13 DSME 12000 2023 Spain

VALARIS DS-11 DSME 12000 2013 Spain

Changes: bolded rig names and underlined text signify changes in rig status from previous fleet status report

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 Valaris Limited
Fleet Status Report
February 18, 2025

Year Contract Contract

Asset Category / Rig Design Delivered Customer Location Start Date End Date(1) Day Rate(2) Comments
Semisubmersibles
VALARIS DPS-5 ENSCO 8500 Series, 2012 U.S. Gulf Valaris recently decided to retire the rig from its fleet. The company expects that the rig
DP + Moored will be removed from the global drilling supply and repurposed for alternative uses or
scrapped

VALARIS DPS-1 F&G ExD Millennium, 2012 Woodside Australia Jan 24 Sep 25
Moored

VALARIS MS-1 F&G ExD Millennium, 2011 Santos Australia Jan 24 Jun 25
Moored

Stacked
VALARIS DPS-6 ENSCO 8500 Series, DP 2012 U.S. Gulf Valaris recently decided to retire the rig from its fleet. The company expects that the rig
will be removed from the global drilling supply and repurposed for alternative uses or
scrapped

VALARIS DPS-3 ENSCO 8500 Series, 2010 U.S. Gulf Valaris recently decided to retire the rig from its fleet. The company expects that the rig
DP + Moored will be removed from the global drilling supply and repurposed for alternative uses or
scrapped

Changes: bolded rig names and underlined text signify changes in rig status from previous fleet status report

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 Valaris Limited
Fleet Status Report
February 18, 2025

Year Contract Contract

Asset Category / Rig Design Delivered Customer Location Start Date End Date(1) Day Rate(2) Comments
Heavy Duty - Harsh Environment Jackups
VALARIS Norway KFELS N Class 2011 Eni UK Jan 24 Mar 25 VALARIS Norway substitutes for VALARIS 72 until the rig completes its current contract
Ithaca Energy UK Apr 25 Jan 26 TCV of approx. $39 million based on estimated duration of 292 days. Expect up to 30 days out
of service for mobilization / planned maintenance in 2Q25

VALARIS Stavanger KFELS N Class 2011 TotalEnergies UK May 24 Jun 25 TCV of approx. $52 million, including minor rig modifications, based on initial estimated
duration of 360 days
TotalEnergies UK Jul 25 Mar 27 TCV of over $75 million based on 600-day priced extension. Two 200-day priced options

VALARIS 250 LT Super Gorilla XL 2003 Saudi Aramco Saudi Arabia Jun 18 Feb 25 Leased to ARO Drilling(4).

VALARIS 249 LT Super Gorilla 2001 Undisclosed Trinidad Jul 24 Jan 25 $125,000
Perenco Trinidad Jan 25 Feb 25 Expect approx. 15 days out of service for maintenance in 1Q25
Undisclosed Trinidad Mar 25 Jan 26 $163,000
BP Trinidad Jan 26 May 26 TCV of $16.8 million based on duration of 100 days
Shell Trinidad Jun 26 Jun 27 TCV of approx. $66 million based on estimated duration of 365 days. Three priced options with
an estimated duration of 50 days each
VALARIS 248 LT Super Gorilla 2000 Ithaca Energy UK Aug 20 Apr 25 Expect approx. 50 days out of service for planned maintenance in 2Q25
Hibiscus UK Jun 25 Sep 25 TCV of $14.2 million based on estimated duration of 93 days

VALARIS 247 LT Super Gorilla 1998 Undisclosed Australia Jul 24 Dec 24 $180,000 Plus mobilization and demobilization fees that cover moving and operating costs while the rig
is in transit from/to the UK
Eni Australia Dec 24 Mar 25 $180,000
Jadestone Australia Mar 25 May 25

VALARIS 123 KFELS Super A 2019 Shell UK Jul 24 Feb 25 TCV of approx. $21 million based on initial estimated duration of 154 days
TAQA Netherlands Feb 25 Oct 25 $153,000 Operating day rate increases to approx. $163,000 in 2026. ...

VALARIS 122 KFELS Super A 2014 Shell UK Sep 23 Sep 25 TCV of over $60 million based on initial estimated duration of 500 days

VALARIS 121 KFELS Super A 2014 Shell UK Nov 23 Jan 25 TCV of over $25 million based on initial estimated duration of 210 days
Shell UK Jan 25 Feb 26 TCV of approx. $55 million based on estimated duration of 406 days. Expect approx. 30 days
out of service for planned maintenance in 1Q26. Plus two 1-well priced options with an
estimated duration of 120 days each
VALARIS 120 KFELS Super A 2013 Harbour Energy UK Jul 23 Jul 25 $130,000
Harbour Energy UK Jul 25 Jul 28 $166,000 Expect approx. 40 days out of service for planned maintenance in 3Q25

Stacked
VALARIS Viking KFELS N Class 2010 UK

VALARIS 102 KFELS MOD V-A 2002 U.S. Gulf

Changes: bolded rig names and underlined text signify changes in rig status from previous fleet status report

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 Valaris Limited
Fleet Status Report
February 18, 2025

Year Contract Contract

Asset Category / Rig Design Delivered Customer Location Start Date End Date(1) Day Rate(2) Comments
Heavy Duty - Modern Jackups(3)
VALARIS 118 LT 240-C 2012 BP Trinidad Apr 24 Apr 25 TCV of approx. $51 million based on estimated duration of 365 days
BP Trinidad Apr 25 Apr 28 TCV of approx. $168 million based on duration of three years

VALARIS 117 LT 240-C 2009 Eni Mexico Dec 21 Mar 25

Eni Mexico Apr 25 Jan 26 TCV of approx. $36 million based on estimated duration of 300 days. One priced option
with an estimated duration of 150 days

VALARIS 116 LT 240-C 2008 Saudi Aramco Saudi Arabia Dec 18 Feb 25 Leased to ARO Drilling(4)

VALARIS 115 BM Pacific Class 400 2013 Shell Brunei Apr 23 Apr 27 TCV of approx. $159 million based on duration of four years

VALARIS 110 KFELS MOD V-B 2015 North Oil Qatar Oct 21 Oct 25 1-year priced option
Company

VALARIS 108 KFELS MOD V-B 2007 Saudi Aramco Saudi Arabia Mar 24 Mar 27 Leased to ARO Drilling(4)

VALARIS 107 KFELS MOD V-B 2006 Undisclosed Australia Mar 24 Oct 24 $150,000
ExxonMobil Australia Nov 24 Nov 25 $153,000 Two 180-day priced options

VALARIS 106 KFELS MOD V-B 2005 BP Indonesia Jan 24 Jan 25 $85,000 Expect approx. 90 days out of service for planned maintenance across 1Q25 and 2Q25
BP Indonesia Apr 25 Aug 25 $95,000 Priced options for work into 1Q26

Stacked
VALARIS 111 KFELS MOD V-B 2003 Croatia

VALARIS 109 KFELS MOD V-Super B 2008 Namibia

VALARIS 104 KFELS MOD V-B 2002 UAE

Changes: bolded rig names and underlined text signify changes in rig status from previous fleet status report

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 Valaris Limited
Fleet Status Report
February 18, 2025

Year Contract Contract

Asset Category / Rig Design Delivered Customer Location Start Date End Date(1) Day Rate(2) Comments
Standard Duty - Modern Jackups(3)
VALARIS 146 LT Super 116-E 2011 Saudi Aramco Saudi Arabia Sep 18 Feb 25 Leased to ARO Drilling(4)

VALARIS 144 LT Super 116-E 2010 Undisclosed Angola Mar 25 Apr 25 Out of service for contract preparations and mobilization in 4Q24 and 1Q25. TCV of
approx. $8.5 million based on estimated duration of 45 days
Undisclosed Angola May 25 Jun 27 TCV estimated to be between $149 million and $156 million, including a mobilization fee
from the U.S. Gulf.

VALARIS 141 LT Super 116-E 2016 Saudi Aramco Saudi Arabia Aug 22 Aug 25 Leased to ARO Drilling(4)

VALARIS 140 LT Super 116-E 2016 Saudi Aramco Saudi Arabia Mar 22 Mar 25 Leased to ARO Drilling(4)

VALARIS 76 LT Super 116-C 2000 Saudi Aramco Saudi Arabia Nov 25 Nov 30 Leased to ARO Drilling(4)

Stacked
VALARIS 148 LT Super 116-E 2013 UAE

VALARIS 147 LT Super 116-E 2013 UAE

VALARIS 145 LT Super 116-E 2010 U.S. Gulf

VALARIS 143 LT Super 116-E 2010 UAE

Changes: bolded rig names and underlined text signify changes in rig status from previous fleet status report

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 Valaris Limited
Fleet Status Report
February 18, 2025

Year Contract Contract

Asset Category / Rig Design Delivered Customer Location Start Date End Date(1) Day Rate(2) Comments
Standard Duty - Legacy Jackups
VALARIS 92 LT 116-C 1982 Harbour Energy UK Mar 24 Jun 25 $95,000
Shell UK Jun 25 Jun 27 TCV of approx. $75 million based on duration of two years

VALARIS 72 Hitachi 300C 1981 Eni UK Jan 20 Apr 25

Eni UK Apr 25 Nov 27

Other - Managed Rigs

Thunder Horse Deepwater BP U.S. Gulf Jan 24 Jan 27 TCV of approx. $153 million
Semisubmersible

Mad Dog Deepwater Spar Drilling BP U.S. Gulf Jan 24 Jan 27 TCV of approx. $106 million
Rig

Sold
VALARIS 75 LT Super 116-C 1999 U.S. Gulf Sold for $24 million

Changes: bolded rig names and underlined text signify changes in rig status from previous fleet status report

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 Valaris Limited
Fleet Status Report
February 18, 2025

Contract Contract
Asset Category / Rig Design Customer Location Start Date End Date(1) Day Rate(2) Comments
ARO Drilling
Jackup Rigs Owned by ARO Drilling
Gilbert Rowe LT 116-C Saudi Aramco Saudi Arabia Oct 17 Jan 26 Expect approx. 15 days out of service for planned maintenance in 1Q25

SAR 201 BM 200-H Saudi Aramco Saudi Arabia Feb 18 Feb 26

Bob Keller LT Tarzan 225-C Saudi Aramco Saudi Arabia Oct 17 Jan 26 Expect approx. 10 days out of service for planned maintenance in 3Q25 and approx. 100 days out of
service for planned maintenance across 1Q26 and 2Q26

J.P. Bussell LT Tarzan 225-C Saudi Aramco Saudi Arabia Oct 17 Jan 26 Expect approx. 10 days out of service for planned maintenance in 1Q26

Scooter Yeargain LT Tarzan 225-C Saudi Aramco Saudi Arabia Oct 18 Dec 26 Expect approx. 100 days out of service for planned maintenance across 3Q25 and 4Q25

Hank Boswell LT Tarzan 225-C Saudi Aramco Saudi Arabia Oct 18 Dec 26 Expect approx. 15 days out of service for planned maintenance in 1Q25

SAR 202 KFELS Super B Saudi Aramco Saudi Arabia Oct 17 Jan 26 Expect approx. 10 days out of service for planned maintenance in 1Q26

Kingdom 1 LT 116-C Saudi Aramco Saudi Arabia Nov 23 Nov 31

Kingdom 2 LT 116-C Saudi Aramco Saudi Arabia Aug 24 Aug 32

Changes: bolded rig names and underlined text signify changes in rig status from previous fleet status report

(1)
Contract duration does not include any unexercised optional extensions. Contract end dates can vary based on how long it takes to complete the wells subject to the contract.
(2)
Day rates are reported to the nearest thousand and reflect the operating day rates charged to customers, excluding certain types of non-recurring revenues such as lump sum mobilization payments. Day rates are provided unless such disclosures are
restricted by confidentiality provisions.
(3)
Heavy duty jackups are well-suited for operations in tropical revolving storm areas.
(4)
Rigs leased to ARO Drilling via bareboat charter agreements to fulfill contracts between ARO Drilling and Saudi Aramco.

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 Valaris Limited
Fleet Status Report
February 18, 2025

Out of Service Days (1)

Rig Asset Category Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026

VALARIS DS-18 Floater - Drillship 20

VALARIS DS-17 Floater - Drillship 25

VALARIS Norway Jackup - Heavy Duty Harsh Environment 30

VALARIS 249 Jackup - Heavy Duty Harsh Environment 15

VALARIS 248 Jackup - Heavy Duty Harsh Environment 50

VALARIS 121 Jackup - Heavy Duty Harsh Environment 30

VALARIS 120 Jackup - Heavy Duty Harsh Environment 40

VALARIS 106 Jackup - Heavy Duty Modern 55 35

(1)
Table shows expected out of service days for planned maintenance, e.g. special periodic surveys and contract preparation, excluding rigs undergoing reactivation projects. Excludes ARO owned rigs.

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 Valaris Limited
Fleet Status Report
February 18, 2025

Additional Information Regarding this Fleet Status Report

Day Rate and Terms. The day rates reflected in this Fleet Status Report are stated in U.S. dollars and include the operating day rates charged to customers, which may include estimated contractual adjustments for changes in operating costs and/or
reimbursable cost adjustments for ongoing expenses such as crew, catering, insurance and taxes. The day rates, however, do not include certain types of non-recurring revenues such as lump sum mobilization payments, revenues earned during
mobilizations, revenues associated with contract preparation and other non-recurring reimbursable items such as mobilizations and capital enhancements, and the impact of the fair market value adjustments to previously acquired drilling contracts that are
recognized during the contract term. Routine and non-routine downtime may reduce the actual revenues recognized during the contract term. Additionally, we sometimes negotiate special rates and/or day rate adjustments with customers that may reduce
revenues recognized.

Total Contract Value. Total contract value is the estimated total compensation expected to be received for a contract, including the operating day rate over the estimated firm term of the contract and any non-recurring lump sum payments for items such as
mobilization, reactivation and capital upgrades.

Forward-Looking Statements. Statements contained in this Fleet Status Report 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," "might," "should," "will" and similar words and
specifically include statements regarding expected financial performance; expected utilization, day rates, revenues, operating expenses, cash flows, contract status, terms and duration, contract backlog, capital expenditures, insurance, financing and funding;
the offshore drilling market, including supply and demand, customer drilling programs and the attainment of requisite permits for such programs, stacking of rigs, effects of new rigs on the market and effect of the volatility of commodity prices; expected work
commitments, awards, contracts and letters of intent; scheduled delivery dates for rigs; performance and expected benefits of our joint ventures, including our joint venture with Saudi Aramco; timing of the delivery of the Saudi Aramco Rowan Offshore Drilling
Company ("ARO") newbuild rigs and the timing of additional ARO newbuild orders; the availability, delivery, mobilization, contract commencement, availability, relocation or other movement of rigs and the timing thereof; rig reactivations; suitability of rigs for
future contracts; divestitures of assets; general economic, market, business and industry conditions, including inflation and recessions, trends and outlook; general political conditions, including political tensions, conflicts and war; cybersecurity attacks and
threats; uncertainty around the use and impacts of artificial intelligence applications; impacts and effects of public health crises, pandemics and epidemics; future operations; ability to renew expiring contracts or obtain new contracts, including for VALARIS
DS-13 and VALARIS DS-14; increasing regulatory complexity; targets, progress, plans and goals related to sustainability matters; the outcome of tax disputes; assessments and settlements; and expense management. The forward-looking statements
contained in this Fleet Status Report are subject to numerous risks, uncertainties and assumptions that may cause actual results to vary materially from those indicated, including cancellation, suspension, renegotiation or termination of drilling contracts and
programs; our ability to obtain financing, service our debt, fund capital expenditures and pursue other business opportunities; adequacy of sources of liquidity for us and our customers; future share repurchases; actions by regulatory authorities, or other third
parties; actions by our security holders; internal control risk; commodity price fluctuations and volatility, customer demand, loss of a significant customer or customer contract, downtime and other risks associated with offshore rig operations; adverse weather,
including hurricanes; changes in worldwide rig supply, including as a result of reactivations and newbuilds; and demand, competition and technology; supply chain and logistics challenges; consumer preferences for alternative fuels and forecasts or
expectations regarding the global energy transition; increased scrutiny of our sustainability targets, initiatives and reporting and our ability to achieve such targets or initiatives; changes in customer strategy; future levels of offshore drilling activity;
governmental action, civil unrest and political and economic uncertainties, including recessions, volatility affecting the banking system and financial markets, inflation, tariffs and adverse changes in the level of international trade activity; terrorism, piracy and
military action; risks inherent to shipyard rig reactivation, upgrade, repair, maintenance or enhancement; our ability to enter into, and the terms of, future drilling contracts; suitability of rigs for future contracts; the cancellation of letters of intent or letters of
award or any failure to execute definitive contracts following announcements of letters of intent, letters of award or other expected work commitments; the outcome of litigation, legal proceedings, investigations or other claims or contract disputes;
governmental regulatory, legislative and permitting requirements affecting drilling operations; the use of artificial intelligence by us, third-party service providers or our competitors; our ability to attract and retain skilled personnel on commercially reasonable
terms; environmental or other liabilities, risks or losses; compliance with our debt agreements and debt restrictions that may limit our liquidity and flexibility, including in any return of capital plans; cybersecurity risks and threats; and changes in foreign
currency exchange rates. In addition to the numerous factors described above, you should also carefully read and consider "Item 1A. Risk Factors" in Part I and "Item 7. Management's Discussion and Analysis of Financial Condition and Results of
Operations" in Part II of our most recent annual report on Form 10-K, which is available on the Securities and Exchange Commission's website at www.sec.gov or on the Investor Relations section of our website at www.valaris.com. Each forward-looking
statement speaks only as of the date of the particular statement, and we undertake no obligation to update or revise any forward-looking statements, except as required by law.

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