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Borr Drilling Ltd (BDRILL.OL)

BDRILL.OL on Oslo Stock Exchange

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Summary

Name Age Since Current Position

Tor Troim

55 2017 Chairman of the Board

Simon Johnson

48 2017 Chief Executive Officer

Rune Lundetrae

40 2017 Deputy Chief Executive Officer, Chief Financial Officer

Svend Maier

54 2016 Chief Operating Officer

Patrick Schorn

49 2018 Director

Fredrik Halvorsen

44 2016 Independent Director

Jan Rask

2017 Independent Director

Biographies

Name Description

Tor Troim

Mr. Tor Olav Troim has been Chairman of the Board of Borr Drilling Limited since August 30, 2017. He has been Director of the Company since December 12, 2016. He has served as a Director since the Company’s incorporation and was a key initiator behind the formation of the Company. He is the founder and sole shareholder of Magni Partners. He is the senior partner (and an employee) of Magni Partners’ subsidiary, Magni Partners Limited, in the UK. Mr. Troim has 30 years of experience from energy related industries in various positions. Before founding Magni Partners in 2014, Mr. Troim was a director of Seatankers Management Co. Ltd. from 1995 until September 2014. He was the Chief Executive Officer of DNO AS from 1992 to 1995 and an Equity Portfolio Manager with Storebrand ASA from 1987 to 1990. Mr. Troim graduated with a M.Sc. degree in naval architecture from the University of Trondheim, Norway in 1985. He works at Golar LNG Limited (Director), Golar LNG Partners LP (Chairman), Golar LNG Energy Limited (Chairman), Stolt-Nielsen SA. (Director) and Valerenga Football Club AS (Director). Previously, he worked at Seatankers Management Co. Ltd (Director), Seadrill Limited (Director), Golden Ocean Group Limited, Archer Limited, Seadrill Partners LLC (Director), Marine Harvest ASA (Director) and SapuraKencana Petroleum Berha (Director).

Simon Johnson

Mr. Simon William Johnson has been Chief Executive Officer at Borr Drilling Limited since August 1, 2017. Before joining the Group, he was Senior Vice President, Marketing and Contracts with Noble Corporation, a publicly listed offshore drilling contractor. Mr. Johnson joined Noble Corporation in 2010 and was responsible for leading the development and execution of the company’s commercial strategy. He has held numerous international marketing roles in Aberdeen, Perth, Singapore and Geneva over the past 16 years with Noble Corporation, Seadrill Limited and Diamond Offshore. His early career was spent in offshore and shore-based operative roles. Mr. Johnson holds a Bachelor of Commerce, Economics & Finance from Curtin University.

Rune Lundetrae

Mr. Rune Magnus Lundetrae has been Deputy Chief Executive Officer and Chief Financial Officer at Borr Drilling Limited since August 1, 2017. He previously was Chief Executive Officer of the Company from December 19, 2016 till July 31, 2017. Before joining Borr Drilling Management Oslo, Mr. Lundetrae worked as Managing Director of DNB Markets. He previously worked at Seadrill Limited for eight years, serving as chief financial officer from 2012 to 2015. Mr. Lundetrae holds a M.Sc. of Accounting and Finance from the Norwegian School of Business and Economics (NHH) and London School of Economics. He currently serves at Primato AS (Chairman), Primato Eiendom AS (Chairman), Steinkargt 24 AS (Chairman), Terrebrune AS (Chairman), Ovre Holmegate 34 AS (Chairman) and Montaag AS (Chairman). Previously, he worked for Seadrill Partners LLC (Chief Financial Officer) and North Atlantic Drilling Limited (Chief Financial Officer).

Svend Maier

Mr. Svend Anton Maier has been Chief Operating Officer at Borr Drilling Limited since December 19, 2016. Mr. Maier joined Borr Drilling Management Oslo on December 19, 2016. He transferred to the employment of Borr Drilling Management Dubai on August 1, 2017. He has since he joined Borr Drilling Management Oslo served as COO. Mr. Maier has more than three decades of experience within the oil and gas industry. He worked for Seadrill Limited between 2007 and 2016. Prior to this, Mr. Maier worked for leading drilling companies such as Transocean and Ross Offshore. He holds a degree in Marine Engineering from Tonsberg Maritime Academy. He is Board Member of Prosafe SE. He previously worked for Seadrill Limited (SVP) and North Atlantic Drilling Limited (Chief Operating Officer).

Patrick Schorn

Mr. Patrick Schorn has been Director of Borr Drilling Limited since January 11, 2018. Mr. Schorn is the Executive Vice President of New Ventures for Schlumberger Limited. Prior to his current role, he held various global management positions including President of Operations for Schlumberger Limited; President Production Group; President of Well Services; President of Completions; and GeoMarket Manager Russia. He began his career with Schlumberger in 1991 as a Stimulation Engineer in Europe and held various management and engineering positions in France, United States, Russia, US Gulf of Mexico and Latin America. Mr. Schorn holds a Bachelor of Science degree in Oil and Gas Technology from the University "Noorder Haaks" in Den Helder, the Netherlands.

Fredrik Halvorsen

Mr. Fredrik Halvorsen has been Independent Director of Borr Drilling Limited since December 12, 2016. Mr. Halvorsen founded and is currently building Ubon Partners AS, a private investment company focused on technology and growth companies. He was the Founder and Chairman of Acano until its sale to Cisco Systems Inc. in 2016 and earlier in his career the CEO of Tandberg until it was acquired by Cisco Systems Inc. in 2010. He worked for Frontline Corporate Services Ltd from October 2010 until July 2013 and this capacity acted as transitional CEO and President of Seadrill Management UK Limited from January to July 2013. In addition, Mr. Halvorsen has held senior positions at Cisco Systems Inc. as well as McKinsey & Company. Mr. Halvorsen graduated from the Norwegian School of Business Economics in 1997. He works for Jazz Networks Ltd. (Chairman), Golar LNG Limited (Director) and Ubon Partner AS (Founder and Partner). Previously, he worked at Acano AS. (Chairman), Disruptive Technologies (Director) and Frontline Corporate Services Ltd (Director).

Jan Rask

Mr. Jan A. Rask has been Independent Director at Borr Drilling Limited since August 30, 2017. Mr. Rask has worked in the shipping and oil service industries for approximately 30 years and has held a number of positions of responsibility in finance, chartering and operations. Mr. Rask possesses particular knowledge and experience in the offshore drilling industry. Mr. Rask also has extensive knowledge of international operations, leadership of complex organizations and other aspects of operating a major corporation. He has held a number of executive positions including president, CEO and Director of TODCO, Managing Director, Acquisitions and Special Projects, of Pride International, President, CEO and director of Marine Drilling Companies, President and CEO of Arethusa (Off-Shore) Limited. Mr. Rask holds a Bachelor degree from Stockholm School of Economics and Business Administration. He serves at Helix Energy Solutions Inc. (Director), EasyFill America LLC (Chairman) and Rask LLC (Chairman).

Basic Compensation

Name Fiscal Year Total

Tor Troim

--

Simon Johnson

--

Rune Lundetrae

21,027

Svend Maier

7,492

Patrick Schorn

--

Fredrik Halvorsen

--

Jan Rask

--
As Of  31 Dec 2016

Options Compensation