Archer Limited: Archer distribution of shareholder return - NOK 0.62 per share

Hamilton, Bermuda (August 13, 2026)

Archer Limited (ticker "ARCH") announces that the Board of Directors has approved a cash distribution to shareholders as specified below. The distribution will be in the form of return of capital and will be made from the Company's Contributed Surplus account which consists of previously paid in share premium transferred from the Company's Share Premium account.

Please find below the key information relating to the return of capital.

· Return of capital: NOK 0.62 per share · Declared currency: NOK · Last day including right: August 17, 2026 · Ex-date: August 18, 2026 · Record date: August 19, 2026 · Payment date: August 26, 2026

For further information, please contact:

Espen Joranger, Chief Financial Officer, Mobile: +47 982 06 812, Email:

espen.joranger@archerwell.com

Joachim Houeland, Manager Treasury and Investor Relations, Mobile: +47 482 78 748, Email: joachim.houeland@archerwell.com

This information is subject to the disclosure requirements according to Section 5-12 of the Norwegian Securities Trading Act.