Q FLEET STATUS REPORT

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Seadrill Limited type 1 West Alpha 4th-HE 1986 2,000 23,000 Norway - - - - West Venture 5th-HE 2000 2,600 30,000 Norway - - - - West Phoenix 6th-HE 2008 10,000 30,000 Norway Equinor 2 Sep/18 Dec/18 Undisclosed UK Equinor Dec/18 Mar/19 Undisclosed Norway VNG 2 Jan/20 Oct/20 Undisclosed Options VNG 2 Nov/20 Apr/20 Undisclosed West Hercules 6th-HE 2008 10,000 35,000 Norway Equinor 2 Oct/18 Mar/19 Undisclosed Norway Equinor 2 May/19 Nov/19 Undisclosed Options Equinor 2 Dec/19 Mar/20 Undisclosed Options Equinor 2 Apr/20 Jun/20 Market indexed rate 3 West Taurus 6th-BE 2008 10,000 35,000 Spain - - - - West Eminence 6th-HE 2009 10,000 30,000 Spain - - - - Sevan Driller 6th-BE 2009 10,000 40,000 Malaysia - - - - West Orion 6th-BE 2010 10,000 35,000 Malaysia - - - - West Pegasus 6th-HE 2011 10,000 35,000 Spain - - - - West Eclipse 6th-BE 2011 10,000 40,000 Namibia - - - - Sevan Brasil 6th-BE 2012 10,000 40,000 Aruba - - - - Sevan Louisiana 6th-BE 2013 10,000 40,000 GoM Walter O&G Nov/18 May/19 Undisclosed Drillships West Navigator Ultra-deepwater 2000 7,500 35,000 Norway - - - - West Gemini Ultra-deepwater 2010 10,000 35,000 Angola ENI 4 Jul/18 Mar/19 Undisclosed Options ENI 4 Apr/19 May/19 Undisclosed West Tellus Ultra-deepwater 2013 12,000 40,000 Brazil Petrobras 5 Apr/15 Oct/19 291,000 West Neptune Ultra-deepwater 2014 12,000 40,000 GoM LLOG Dec/17 Dec/19 155,000 West Saturn Ultra-deepwater 2014 12,000 40,000 Brazil Equinor 5,6 Feb/18 Sep/19 207,600 Options Equinor 5,6,7 Oct/19 Mar/21 207,600 West Jupiter Ultra-deepwater 2014 12,000 40,000 Nigeria Total Dec/14 Dec/19 Undisclosed West Carina Ultra-deepwater 2015 12,000 40,000 Mobilizing - - - - Malaysia Petronas Dec/18 May/19 Undisclosed

Seadrill Limited type 1 Jack-ups West Epsilon Heavy-duty - HE 1993 400 30,000 Norway - - - - West Elara Heavy-duty - HE 2011 450 40,000 Norway ConocoPhillips 2 Oct/18 Mar/20 195,000 Norway ConocoPhillips 2 Apr/20 Sep/27 Market indexed rate 3 West Linus Heavy-duty - HE 2014 450 40,000 Norway ConocoPhillips 2,9,10 Apr/18 May/19 205,000 Norway ConocoPhillips 2 Jun/19 Dec/28 Market indexed rate 3 West Prospero BE 2007 400 30,000 Malaysia - - - - West Vigilant BE 2008 350 30,000 Malaysia - - - - West Ariel BE 2008 400 30,000 Sharjah - - - - West Cressida BE 2009 375 30,000 Thailand Ophir Jul/18 Nov/18 Undisclosed Thailand Ophir Jul/19 Jan/20 Undisclosed Options Ophir Feb/20 Mar/20 Undisclosed West Freedom BE 2009 350 30,000 Colombia - - - - West Callisto BE 2010 400 30,000 Saudi Arabia Saudi Aramco Jan/17 Dec/18 120,000 West Leda BE 2010 375 30,000 Malaysia - - - - West Castor BE 2013 400 30,000 Mexico - - - - AOD l BE 2013 400 20,000 Saudi Arabia Saudi Aramco Jul/16 Jun/19 102,900 AOD ll BE 2013 400 20,000 Saudi Arabia Saudi Aramco Jul/16 Jun/19 102,900 AOD lll BE 2013 400 20,000 Saudi Arabia Saudi Aramco Jan/17 Dec/19 102,900 West Tucana BE 2013 400 30,000 Qatar Gulf Drilling International Oct/18 Dec/19 Undisclosed Options Gulf Drilling International Dec/19 Apr/21 Undisclosed West Telesto BE 2013 400 30,000 India Schlumberger Oct/18 Mar/19 Undisclosed Options Schlumberger Apr/19 May/19 Undisclosed West Titan BE 400 30,000 Under construction at Dalian 8 - - - - West Proteus BE 400 30,000 Under construction at Dalian 8 - - - - West Rhea BE 400 30,000 Under construction at Dalian 8 - - - - West Hyperion BE 400 30,000 Under construction at Dalian 8 - - - - West Tethys BE 400 30,000 Under construction at Dalian 8 - - - - West Umbriel BE 400 30,000 Under construction at Dalian 8 - - - - West Dione BE 400 30,000 Under construction at Dalian 8 - - - - West Mimas BE 400 30,000 Under construction at Dalian 8 - - - -

Seadrill Partners LLC 14 type 1 West Sirius 6th-BE 2008 10,000 35,000 GoM - - - - West Aquarius 6th-HE 2009 10,000 35,000 Canada BP Apr/18 Nov/18 260,000 Canada Exxon May/19 Sep/19 270,000 Options Exxon Oct/19 Mar/20 270,000 Options Exxon Apr/20 Dec/20 Market indexed rate 3 West Capricorn 6th-BE 2011 10,000 35,000 GoM BP Jul/17 Jul/19 543,000 West Leo 6th-HE 2012 10,000 35,000 Spain - - - - Drillships West Polaris Ultra-deepwater 2008 10,000 35,000 Spain - - - - West Capella Ultra-deepwater 2008 10,000 35,000 Malaysia Shell Nov/18 Jul/19 Undisclosed Options Shell Jul/19 Nov/19 Undisclosed Malaysia Petronas Nov/19 Jan/20 Undisclosed Options Petronas Jan/20 Jun/20 Undisclosed West Auriga Ultra-deepwater 2013 12,000 40,000 GoM BP 11 Oct/13 Oct/20 575,000 West Vela Ultra-deepwater 2013 12,000 40,000 GoM BP 12 Nov/13 Nov/20 575,000 Tender rigs T15 Barge 2013 6,500 30,000 Thailand Chevron Jul/13 Jul/19 110,000 T16 Barge 2013 6,500 30,000 Thailand Chevron Aug/13 Aug/19 110,000 West Vencedor Semi-tender 2010 6,500 30,000 Malaysia - - - - Myanmar Petronas Dec/18 May/19 Undisclosed Options Petronas Jun/19 Jul/19 Undisclosed

SeaMex Limited 14 Built Water depth Generation/ type 1 Jack-ups West Defender BE 2007 350 30,000 Mexico PEMEX Aug/14 Aug/18 116,000 Mexico PEMEX 13 Sep/18 Jan/23 155,500 West Courageous BE 2007 350 30,000 Mexico PEMEX Sep/14 Aug/18 116,000 Mexico PEMEX 13 Sep/18 Nov/23 155,500 West Intrepid BE 2008 350 30,000 Mexico PEMEX May/14 Aug/18 116,000 Mexico PEMEX 13 Sep/18 May/23 155,500 West Oberon BE 2013 400 30,000 Mexico PEMEX May/14 Aug/18 130,000 Mexico PEMEX 13 Sep/18 Oct/22 171,500 West Titania BE 2014 400 30,000 Mexico PEMEX Jan/15 Aug/18 130,000 Mexico PEMEX 13 Sep/18 Oct/21 171,500 Northern Drilling Limited 14 Built Water depth Generation/ type 1 West Mira 7th-HE 2019 10,000 35,000 Korea, Shipyard Norway, Options Wintershall 2 Aug/19 Dec/19 Undisclosed Norway Wintershall 2 Dec/19 Feb/21 Undisclosed Options Wintershall 2 Mar/21 Feb/22 Undisclosed West Bollsta 7th-HE 2019 10,000 35,000 Korea, Shipyard - - - -

Footnotes: 1) HE - Harsh environment BE - Benign environment 2) Dayrates partly received in Norwegian Kroner. Fluctuations in exchange rates may result in an adjustment to the dayrate. 3) Dayrate is adjusted for market indexed rate. 4) An element of the daily rate will be payable to our JV partner. 5) Dayrates partly received in Brazilian Real. Fluctuations in exchange rates may result in an adjustment to the dayrate. 6) Includes MPD rental fee and provision of other services. An additional dayrate premium is payable for periods when the unit's MPD system is utilized. 7) Option dayrate of $207,600 applies for the first 3 options, thereafter the dayrate will increase by $5,000 per option for the remaining 4 options. 8) We continue discussions with Dalian regarding the delivery or cancellation of these units. 9) For West Linus a mobilization fee of US$24 million will be taken to income over the initial 5 year contract period. 10) For West Linus we will receive an additional compensation of US$12,430 per day over the initial 5 year contract period. 11) For West Auriga a mobilization fee of US$37.5 million will be received over the contract period. 12) For West Vela a mobilization fee of US$37.5 million will be received over the contract period. 13) We are in discussions with PEMEX regarding potential discounts to current dayrates. 14) Non-consolidated units managed by Seadrill Limited. The information contained in this Fleet Update report (the Information ) is as of the date of the report only and is subject to change without notice to the recipient. Seadrill Limited assumes no duty to update any portion of the Information. DISCLAIMER. NEITHER SEADRILL LIMITED NOR ITS AFFILIATES MAKE ANY EXPRESS OR IMPLIED WARRANTIES (INCLUDING, WITHOUT LIMITATION, ANY WARRANTY OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE) REGARDING THE INFORMATION CONTAINED IN THIS REPORT, WHICH INFORMATION IS PROVIDED AS IS. No Unauthorized Publication or Use. All information provided by Seadrill Limited in this report is given for the exclusive use of the recipient and may not be published, redistributed or retransmitted without the prior written consent of Seadrill Limited. Client Contract Duration, Timing and Dayrates and Risks Associated with Operations. The duration and timing (including both starting and ending dates) of the client contracts are estimates only, and client contracts are subject to cancellation, suspension and delays for a variety of reasons, including some beyond the control of Seadrill Limited. Also, the dayrates set forth in the report are estimates based upon the full contractual operating dayrate. However, the actual average dayrate earned over the course of any given contract will be lower and could be substantially lower. The actual average dayrate will depend upon a number of factors (rig downtime, suspension of operations, etc.) including some beyond the control of Seadrill Limited. Our client contracts and operations are generally subject to a number of risks and uncertainties, and we urge you to review the description and explanation of such risks and uncertainties in previous prospectus. The dayrates do not include revenue for mobilizations, demobilizations, upgrades, shipyards or recharges.