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Official Form 426 Periodic Report About Controlled Non-Debtor Entities’ Value, Operations, and Profitability page 1 Official Form 426 Periodic Report Regarding Value, Operations, and Profitability of Entities in Which the Debtor’s Estate Holds a Substantial or Controlling Interest 12/17 This is the Periodic Report as of _3/30/2021_ on the value, operations, and profitability of those entities in which a Debtor holds, or two or more Debtors collectively hold, a substantial or controlling interest (a “Controlled Non-Debtor Entity”), as required by Bankruptcy Rule 2015.3. For purposes of this form, “Debtor” shall include the estate of such Debtor. Seadrill Limited holds a substantial or controlling interest in the following entities: Name of Controlled Non-Debtor Entity Interest of the Debtor Tab # This Periodic Report contains separate reports (Entity Reports) on the value, operations, and profitability of each Controlled Non-Debtor Entity. Each Entity Report consists of five exhibits. Exhibit A contains the most recently available: balance sheet, statement of income ( loss), statement of cash flows, and a statement of changes in shareholders’ or partners’ equity ( deficit) for the period covered by the Entity Report, along with summarized footnotes. Exhibit B describes the Controlled Non-Debtor Entity’s business operations. Exhibit C describes claims between the Controlled Non-Debtor Entity and any other Controlled Non-Debtor Entity. Exhibit D describes how federal, state or local taxes, and any tax attributes, refunds, or other benefits, have been allocated between or among the Controlled Non-Debtor Entity and any Debtor or any other Controlled Non-Debtor Entity and includes a copy of each tax sharing or tax allocation agreement to which the Controlled Non-Debtor Entity is a party with any other Controlled Non-Debtor Entity. Exhibit E describes any payment, by the Controlled Non-Debtor Entity, of any claims, administrative expenses or professional fees that have been or could be asserted against any Debtor, or the incurrence of any obligation to make such payments, together with the reason for the entity’s payment thereof or incurrence of any obligation with respect thereto. This Periodic Report must be signed by a representative of the trustee or debtor in possession. Debtor Name _SEADRILL LIMITED, et. al.___________________________________________ United States Bankruptcy Court for the:__Southern__ _____ District of _Texas_ (State) Case number: ______21-30427 (DRJ)________ Fill in this information to identify the case: See Exhibit B Case 21-30427 Document 289 Filed in TXSB on 03/30/21 Page 1 of 8

Official Form 426 Periodic Report Regarding Value

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Official Form 426 Periodic Report About Controlled Non-Debtor Entities’ Value, Operations, and Profitability page 1

Official Form 426

Periodic Report Regarding Value, Operations, and Profitability of Entities

in Which the Debtor’s Estate Holds a Substantial or Controlling Interest

12/17

This is the Periodic Report as of _3/30/2021_ on the value, operations, and profitability of those entities in which a Debtor holds, or two or more Debtors collectively hold, a substantial or controlling interest (a “Controlled Non-Debtor

Entity”), as required by Bankruptcy Rule 2015.3. For purposes of this form, “Debtor” shall include the estate of such

Debtor.

Seadrill Limited holds a substantial or controlling interest in the following entities:

Name of Controlled Non-Debtor Entity Interest of the Debtor Tab #

This Periodic Report contains separate reports (Entity Reports) on the value, operations, and profitability of each

Controlled Non-Debtor Entity.

Each Entity Report consists of five exhibits.

Exhibit A contains the most recently available: balance sheet, statement of income (loss), statement of cash flows,

and a statement of changes in shareholders’ or partners’ equity (deficit) for the period covered by the Entity Report,

along with summarized footnotes.

Exhibit B describes the Controlled Non-Debtor Entity’s business operations.

Exhibit C describes claims between the Controlled Non-Debtor Entity and any other Controlled Non-Debtor Entity.

Exhibit D describes how federal, state or local taxes, and any tax attributes, refunds, or other benefits, have been

allocated between or among the Controlled Non-Debtor Entity and any Debtor or any other Controlled Non-Debtor

Entity and includes a copy of each tax sharing or tax allocation agreement to which the Controlled Non-Debtor

Entity is a party with any other Controlled Non-Debtor Entity.

Exhibit E describes any payment, by the Controlled Non-Debtor Entity, of any claims, administrative expenses or

professional fees that have been or could be asserted against any Debtor, or the incurrence of any obligation to make

such payments, together with the reason for the entity’s payment thereof or incurrence of any obligation with

respect thereto.

This Periodic Report must be signed by a representative of the trustee or debtor in possession.

Debtor Name _SEADRILL LIMITED, et. al.___________________________________________

United States Bankruptcy Court for the:__Southern__ _____ District of _Texas_(State)

Case number: ______21-30427 (DRJ)________

Fill in this information to identify the case:

See Exhibit B

Case 21-30427 Document 289 Filed in TXSB on 03/30/21 Page 1 of 8

Debtor Name ____SEADRILL LIMITED, et. al._________________________________ Case number_______21-30427 (DRJ)________________

Official Form 426 Periodic Report About Controlled Non-Debtor Entity’s Value, Operations, and Profitability page 2

The undersigned, having reviewed the Entity Reports for each Controlled Non-Debtor Entity, and being familiar with the Debtor’s

financial affairs, verifies under the penalty of perjury that to the best of his or her knowledge, (i) this Periodic Report and the

attached Entity Reports are complete, accurate, and truthful to the best of his or her knowledge, and (ii) the Debtor did not cause

the creation of any entity with actual deliberate intent to evade the requirements of Bankruptcy Rule 2015.3

For non-individual Debtors: _____________________________________________

Signature of Authorized Individual

_____________________________________________ Printed name of Authorized Individual

Date _______________

MM / DD / YYYY

For individual Debtors:___________________________________________

Signature of Debtor 1

_______________________________________ Printed name of Debtor 1

Date _______________

MM / DD / YYYY

____________________________________________

Signature of Debtor 2

____________________________________________ Printed name of Debtor 2

Date _______________

MM / DD / YYYY

Grant Creed

/s/ Grant Creed

03 / 30 / 2021

Case 21-30427 Document 289 Filed in TXSB on 03/30/21 Page 2 of 8

Debtor Name: SEADRILL LIMITED, et. al. Case number: 21-30427 (DRJ)

Form 426 - General Notes

The financial statements included herein represent the combined financial information for the financial year ended December 31, 2020 and the two months ended February 28, 2021 for the following groups (refer to Exhibit B for the full list of entities included):

1. Non-filing subsidiaries of Seadrill Limited2. Seabras Sapura3. Seamex Limited4. Gulfdrill LLC5. Sonadrill Limited

Note: The results of Seadrill Partners and Archer Limited have been excluded as the Debtors do not have significant influence over either company.

General Information

Any financial information provided outside of the financial quarter end, will exclude accounting that is calculated and concluded in line with the quarterly financialreporting calendar. Such entries include, but are not limited to, accounting for the Seadrill Limited Group effective tax rate.

In preparing the Form 426 submission, the Debtors relied on financial data derived from the books and records that was available at the time of preparation. Nevertheless, in preparing this submission, reasonable efforts have been made to supplement the information set forth in their books and records with additional information concerning transactions that may not have been identified therein. Subsequent information or discovery may result in material changes to this Form and errorsor omissions may exist.

Notwithstanding any such discovery, new information, or errors or omissions, the Debtors do not undertake any obligation or commitment to update this Form

Basis of presentation

The combined financial statements included herein exclude the impact of any intergroup relationships that exist at each reporting period. These relationships can take the form of an investment, trading balances due to / from or loans due to / from. Where such relationships exist, elimination entries have been recognized to remove the impact on these combined financial statements.

The preparation of accounts for Gulfdrill and Seabras are not performed by the Debtors and therefore the GL accounts are not consistent with that of the Debtors. A mapping exercise has been performed to align the results to the most appropriate GL account

page 3

Case 21-30427 Document 289 Filed in TXSB on 03/30/21 Page 3 of 8

Debtor Name: SEADRILL LIMITED, et. al. Case number: 21-30427 (DRJ)

Form 426 - Exhibit A-1$ in Thousands

Balance Sheet As at February 28, 2021 As at December 31, 2020

ASSETSCurrent AssetsCash and cash equivalents 161,010 181,419Restricted cash 156,030 131,293Marketable securities Carrying Value 10,792 8,414Accounts receivables, net 350,634 302,432Amount due from related party 16,077 21,011Other current assets 102,790 92,587Total current assets 797,334 737,156

Non-current AssetsDrilling units 2,397,609 2,399,119Restricted cash 156,030 131,293Equipment 31 38Amount due from related party - Long term 22,745 20,925Other non-current assets 7,519 10,114Total non-current assets 2,487,875 2,486,176

Total assets 3,285,208 3,223,332

LIABILITIES AND EQUITYCurrent liabilitiesCurrent portion of long-term debt (744,741) (698,274)Trade accounts payable (85,610) (49,140)Short-term deferred taxes (253) (253) Short-term debt to related party (365,734) (373,801)Other current liabilities (108,529) (119,393)Total current liabilities (1,304,868) (1,240,861)

Non-current liabilitiesLong-term interest bearing debt (476,518) (490,989)Long-term debt due to related party (21,681) (16,796)Deferred tax liability (610) (640) Other non-current liabilities (67,276) (66,293)Total non-current liabilities (566,085) (574,719)

Total liabilities (1,870,953) (1,815,580)

EquityTotal equity (1,414,255) (1,407,752)

Total liabilities and equity (3,285,208) (3,223,332)

page 4

Case 21-30427 Document 289 Filed in TXSB on 03/30/21 Page 4 of 8

Debtor Name: SEADRILL LIMITED, et. al. Case number: 21-30427 (DRJ)

Form 426 - Exhibit A-2$ in Thousands

Income StatementTwo months ended February 28, 2021

Year ended December 31, 2020

RevenuesContract revenues 111,118 667,349 Reimbursable revenues 1,261 8,434 Other revenues 486 1,383 Total operating revenues 112,865 677,165

ExpensesVessel and rig operating expenses (60,721) (401,054) Amortization of intangible contracts (638) (12,215) Reimbursable expenses (1,750) (8,517) Depreciation and amortization (20,895) (123,630) Expected Credit Losses - (21,500) General and administrative expenses (3,439) (27,558) Total Operating expenses (87,443) (594,475)

Net Operating Income (loss) 25,422 82,691

Financial itemsInterest income 692 7,245 Total Interest expenses (17,700) (174,705) Loss on impairment of investments - (52,386) Gain/ (loss) on derivative financial instruments (61) (1,217) Foreign currency exchange gain/(loss) (364) 779 Impairment of convertible bond from related party - (28,552) Unrealized gain / loss on marketable securities 2,379 (2,182) Financial items related party (89) 23,161 Other financial items (1,506) 14,282 Total financial items and other income/(expenses) (16,650) (213,575)

Income before income taxes 8,773 (130,885)

Income taxes (2,391) (25,203)

Net Income (loss) 6,381 (156,087)

page 5

Case 21-30427 Document 289 Filed in TXSB on 03/30/21 Page 5 of 8

Debtor Name: SEADRILL LIMITED, et. al. Case number: 21-30427 (DRJ)

Form 426 - Exhibit B

Entities

Entity Name Owning Debtor Entity (1) Ownership in the Seadrill Group Affiliation Nature of debtors interest Business conducted at entitySeadrill Korea Services Ltd Seadrill Limited 100% Non-filing subsidiary of Seadrill Wholly owned DormantSeadrill Member LLC Seadrill Investment Holding Company Limited 100% Non-filing subsidiary of Seadrill Wholly owned HoldingSeadrill Saudi Limited Company Seadrill Saudi I BV 100% Non-filing subsidiary of Seadrill Wholly owned DormantSeadrill New Finance Limited Seadrill Investment Holding Company Limited 100% Non-filing subsidiary of Seadrill Wholly owned HoldingSeadrill Member Holdco Limited Seadrill Limited 100% Non-filing subsidiary of Seadrill Wholly owned DormantSeadrill Partners LLC Holdco Limited Seadrill Investment Holding Company Limited 100% Non-filing subsidiary of Seadrill Wholly owned HoldingSeadrill Operating LP Holdco Limited Seadrill Limited 100% Non-filing subsidiary of Seadrill Wholly owned DormantSeadrill Capricorn Holdco Limited Seadrill Limited 100% Non-filing subsidiary of Seadrill Wholly owned DormantSeadrill JU Newco Bermuda Limited Seadrill Investment Holding Company Limited 100% Non-filing subsidiary of Seadrill Wholly owned HoldingSeadrill Seabras UK Limited Seadrill Investment Holding Company Limited 100% Non-filing subsidiary of Seadrill Wholly owned HoldingSeadrill Archer Holdco Limited Seadrill Limited 100% Non-filing subsidiary of Seadrill Wholly owned DormantSeadrill Seabras SP Holdco Limited Seadrill Limited 100% Non-filing subsidiary of Seadrill Wholly owned DormantSeadrill Seabras SP UK Limited Seadrill Investment Holding Company Limited 100% Non-filing subsidiary of Seadrill Wholly owned HoldingSeadrill Mobile Units UK Limited Seadrill Investment Holding Company Limited 100% Non-filing subsidiary of Seadrill Wholly owned HoldingSeadrill SKR Holdco Limited Seadrill Investment Holding Company Limited 100% Non-filing subsidiary of Seadrill Wholly owned DormantSeadrill SeaMex SC Holdco Limited Seadrill Investment Holding Company Limited 100% Non-filing subsidiary of Seadrill Wholly owned Onshore FinanceSeadrill SeaMex 2 de Mexico S de RL de CV Seadrill Investment Holding Company Limited 100% Non-filing subsidiary of Seadrill Wholly owned Onshore FinanceSeadrill Seadragon UK Limited Seadrill Investment Holding Company Limited 100% Non-filing subsidiary of Seadrill Wholly owned HoldingSeadrill Seabras SR Holdco Limited Seadrill Limited 100% Non-filing subsidiary of Seadrill Wholly owned DormantSeadrill Offshore Singapore Pte. Ltd Seadrill Limited 100% Non-filing subsidiary of Seadrill Wholly owned DormantSeadrill AMA Operations Ltd. Seadrill Rig Holding Company Limited 100% Non-filing subsidiary of Seadrill Wholly owned DormantSeadrill Jack-Ups Nigeria Limited Seadrill Jackup Holding Ltd 100% Non-filing subsidiary of Seadrill Wholly owned DormantSeadrill Nigeria Deepwater Contracting Limited Seadrill UK Ltd 100% Non-filing subsidiary of Seadrill Wholly owned DormantSeadrill JV Ghana Ltd Seadrill Global Services Ltd 100% Non-filing subsidiary of Seadrill Wholly owned DormantSeadrill (Dalian) Consulting Co Ltd (China) Seadrill Holdings Singapore Pte Ltd. 100% Non-filing subsidiary of Seadrill Wholly owned Onshore ServicesNorth Atlantic Rigel Ltd Seadrill Limited 100% Non-filing subsidiary of Seadrill Wholly owned DormantSOAS Servicos de Petroleo Ltda Sevan Louisiana Hungary KFT 100% Non-filing subsidiary of Seadrill Wholly owned DormantOdfjell Drilling Services LLC Scorpion International Ltd 100% Non-filing subsidiary of Seadrill Wholly owned DormantSeadrill Aquila Ltd Seadrill Limited 100% Non-filing subsidiary of Seadrill Wholly owned DormantSeadrill Libra Ltd Seadrill Limited 100% Non-filing subsidiary of Seadrill Wholly owned DormantSeadrill Dorado Ltd Seadrill Limited 100% Non-filing subsidiary of Seadrill Wholly owned DormantSeadrill Draco Ltd Seadrill Limited 100% Non-filing subsidiary of Seadrill Wholly owned DormantNorth Atlantic Management LLC Seadrill UK Operations Ltd. 100% Non-filing subsidiary of Seadrill Wholly owned DormantSevan Investimentos do Brasil Ltda Sevan Drilling Rig IX Pte Ltd 100% Non-filing subsidiary of Seadrill Wholly owned HoldingSevan Drilling Rig VI AS Seadrill Limited 100% Non-filing subsidiary of Seadrill Wholly owned HoldingSevan Drilling Rig VI Pte Ltd Seadrill Limited 100% Non-filing subsidiary of Seadrill Wholly owned NewbuildSeabras Serviços de Petróleo S.A Seadrill Investment Holding Company Limited 100% Non-filing subsidiary of Seadrill Wholly owned HoldingSeabras Holdings GmbH Seadrill Limited 100% Non-filing subsidiary of Seadrill Wholly owned HoldingSeabras Rig Holdings GmbH Seadrill Limited 100% Non-filing subsidiary of Seadrill Wholly owned HoldingSeabras Sapura Participações Seadrill Investment Holding Company Limited 50% Seabras Sapura Partially owned Rig Owner & OperatorSapura Navegação Seadrill Investment Holding Company Limited 50% Seabras Sapura Partially owned HoldingSeabras Sapura Holding GmbH Seadrill Investment Holding Company Limited 50% Seabras Sapura Partially owned HoldingSeabras Sapura PLSV Holding GmbH Seadrill Investment Holding Company Limited 50% Seabras Sapura Partially owned HoldingSapura Diamante GmbH Seadrill Investment Holding Company Limited 50% Seabras Sapura Partially owned Rig Owner & OperatorSapura Topazio GmbH Seadrill Investment Holding Company Limited 50% Seabras Sapura Partially owned Rig Owner & OperatorSapura Onix GmbH Seadrill Investment Holding Company Limited 50% Seabras Sapura Partially owned Rig Owner & OperatorSapura Jade GmbH Seadrill Investment Holding Company Limited 50% Seabras Sapura Partially owned Rig Owner & OperatorSapura Rubi GmbH Seadrill Investment Holding Company Limited 50% Seabras Sapura Partially owned Rig Owner & OperatorGulfdrill LLC Seadrill Jackup Holding Ltd 50% Gulfdrill Partially owned Rig OperatorSonadrill Holding Ltd Seadrill Rig Holding Company Limited 50% Sonadrill Partially owned HoldingSonadrill Angola Seadrill Rig Holding Company Limited 50% Sonadrill Partially owned Rig OperatorSonadrill DMCC Seadrill Rig Holding Company Limited 50% Sonadrill Partially owned Rig OperatorSeaMex Ltd Seadrill Investment Holding Company Limited 50% Seamex Partially owned HoldingSeadrill Mexico Holding Ltd Seadrill Investment Holding Company Limited 50% Seamex Partially owned HoldingSeadrill Mexico UK Ltd Seadrill Investment Holding Company Limited 50% Seamex Partially owned Onshore FinanceSeaMex Holding BV Seadrill Investment Holding Company Limited 50% Seamex Partially owned HoldingSeadrill Leasing BV Seadrill Investment Holding Company Limited 50% Seamex Partially owned Intra-chartererSeadrill Holding Mexico SA de CV Seadrill Investment Holding Company Limited 50% Seamex Partially owned HoldingSeadrill Logistics de Mexico S de RL de CV Seadrill Investment Holding Company Limited 50% Seamex Partially owned Onshore ServicesSeadrill Jackup Operations de Mexico S de RL de CV Seadrill Investment Holding Company Limited 50% Seamex Partially owned Onshore ServicesSeadrill Oberon de Mexico S. de R.L. de CV Seadrill Investment Holding Company Limited 50% Seamex Partially owned Rig OperatorSeadrill Intrepid de Mexico S. de R.L. de CV Seadrill Investment Holding Company Limited 50% Seamex Partially owned Rig OperatorSeadrill Defender de Mexico S. de R.L. de CV Seadrill Investment Holding Company Limited 50% Seamex Partially owned Rig OperatorSeadrill Courageous de Mexico S. de R.L. de CV Seadrill Investment Holding Company Limited 50% Seamex Partially owned Rig OperatorSeadrill Titania de Mexico S. de R.L. de CV Seadrill Investment Holding Company Limited 50% Seamex Partially owned Rig OperatorSeadrill Oberon (S) Pte Ltd Seadrill Investment Holding Company Limited 50% Seamex Partially owned Rig OwnerSeadrill Intrepid (S) Pte Ltd Seadrill Investment Holding Company Limited 50% Seamex Partially owned Rig OwnerSeadrill Defender (S) Pte Ltd Seadrill Investment Holding Company Limited 50% Seamex Partially owned Rig OwnerSeadrill Courageous (S) Pte Ltd Seadrill Investment Holding Company Limited 50% Seamex Partially owned Rig OwnerSeadrill Titania (S) Pte Ltd Seadrill Investment Holding Company Limited 50% Seamex Partially owned Rig Owner

(1) "Owning Debtor Entity" does not denote the immediate parent to the subsidiary. This represents the relevant first filing parent.

page 6

Case 21-30427 Document 289 Filed in TXSB on 03/30/21 Page 6 of 8

Debtor Name: SEADRILL LIMITED, et. al. Case number: 21-30427 (DRJ)

Form 426 - Exhibit C$ in Thousands

Intergroup relationships

Entity Name Counterparty Feb-21 Dec-20 DescriptionSeadrill Partners LLC Holdco Limited Seadrill New Finance Limited 10,400 10,400 LoanSeadrill New Finance Limited Seadrill Partners LLC Holdco Limited (10,400) (10,400) LoanSeadrill JU Newco Bermuda Limited Seadrill New Finance Limited 88,100 88,100 LoanSeadrill New Finance Limited Seadrill JU Newco Bermuda Limited (88,100) (88,100) LoanSeadrill New Finance Limited Seadrill Seabras UK Limited 65 65 Payments on behalf - audit feesSeadrill Seabras UK Limited Seadrill New Finance Limited (65) (65) Payments on behalf - audit feesSeadrill New Finance Limited Seadrill Seabras SP UK Limited 35 35 Payments on behalf - audit feesSeadrill Seabras SP UK Limited Seadrill New Finance Limited (35) (35) Payments on behalf - audit feesSeadrill New Finance Limited Seadrill Mobile Units UK Limited 45 45 Payments on behalf - audit feesSeadrill Mobile Units UK Limited Seadrill New Finance Limited (45) (45) Payments on behalf - audit feesSeadrill SKR Holdco Limited Seadrill New Finance Limited 55,897 55,897 LoanSeadrill New Finance Limited Seadrill SKR Holdco Limited (55,897) (55,897) LoanSeadrill Mobile Units UK Limited Seadrill Seadragon UK Limited 9 9 US presence cash deposit loansSeadrill Seadragon UK Limited Seadrill Mobile Units UK Limited (9) (9) US presence cash deposit loansSeadrill Partners LLC Holdco Limited Seadrill Member LLC 10 10 US presence cash deposit loansSeadrill Member LLC Seadrill Partners LLC Holdco Limited (10) (10) US presence cash deposit loansSeadrill Partners LLC Holdco Limited Seadrill JU Newco Bermuda Limited 35,000 35,000 LoanSeadrill JU Newco Bermuda Limited Seadrill Partners LLC Holdco Limited (35,000) (35,000) LoanSeadrill JU Newco Bermuda Limited Seadrill SeaMex SC Holdco Limited 10 10 US presence cash deposit loansSeadrill SeaMex SC Holdco Limited Seadrill JU Newco Bermuda Limited (10) (10) US presence cash deposit loansSeadrill SeaMex SC Holdco Limited SeaMex Ltd 381,554 378,838 Sellers CreditSeadrill SeaMex 2 de Mexico S de RL de CV Seadrill Holding Mexico SA de CV 65,477 64,989 Seadragon LoanSeadrill SeaMex 2 de Mexico S de RL de CV Seadrill Seadragon UK Limited (56,731) (56,285) LoanSeadrill Seadragon UK Limited Seadrill SeaMex 2 de Mexico S de RL de CV 56,731 56,285 LoanSeadrill Seabras UK Limited Seadrill Seadragon UK Limited 10 10 US presence cash deposit loansSeadrill Seadragon UK Limited Seadrill Seabras UK Limited (10) (10) US presence cash deposit loansSeadrill Seabras SP UK Limited Seadrill Seadragon UK Limited 10 10 US presence cash deposit loansSeadrill Seadragon UK Limited Seadrill Seabras SP UK Limited (10) (10) US presence cash deposit loansSeadrill Seabras UK Limited Seadrill Seabras SP UK Limited 20 20 US presence cash deposit loansSeadrill Seabras SP UK Limited Seadrill Seabras UK Limited (20) (20) US presence cash deposit loansSeadrill Seabras SP UK Limited Seabras Serviços de Petróleo S.A 10 10 US presence cash deposit loansSeabras Serviços de Petróleo S.A Seadrill Seabras SP UK Limited (10) (10) US presence cash deposit loansSevan Drilling Rig VI Pte Ltd Sevan Drilling Rig VI AS 111,882 111,882 LoanSevan Drilling Rig VI AS Sevan Drilling Rig VI Pte Ltd (111,882) (111,882) LoanSeabras Holdings GmbH Seabras Rig Holdings GmbH 70 70 LoanSeabras Rig Holdings GmbH Seabras Holdings GmbH (70) (70) LoanSeadrill JU Newco Bermuda Limited Sapura Diamante GmbH 5,334 5,334 LoanSeadrill JU Newco Bermuda Limited Sapura Jade GmbH 14,516 14,516 LoanSeadrill JU Newco Bermuda Limited Sapura Onix GmbH 2,921 2,921 LoanSeadrill JU Newco Bermuda Limited Sapura Onix GmbH 6,820 6,820 LoanSeadrill JU Newco Bermuda Limited Sapura Rubi GmbH 17,018 17,018 LoanSeadrill JU Newco Bermuda Limited Sapura Topazio GmbH 5,909 5,909 LoanSeadrill JU Newco Bermuda Limited Seabras Sapura Participacoes 11,469 11,469 LoanSeaMex Ltd Seadrill SeaMex SC Holdco Limited (381,554) (378,838) Sellers CreditSeadrill Holding Mexico SA de CV Seadrill SeaMex 2 de Mexico S de RL de CV (65,477) (64,989) Seadragon LoanSapura Diamante GmbH Seadrill JU Newco Bermuda Limited (5,334) (5,334) LoanSapura Jade GmbH Seadrill JU Newco Bermuda Limited (14,516) (14,516) LoanSapura Onix GmbH Seadrill JU Newco Bermuda Limited (2,921) (2,921) LoanSapura Onix GmbH Seadrill JU Newco Bermuda Limited (6,820) (6,820) LoanSapura Rubi GmbH Seadrill JU Newco Bermuda Limited (17,018) (17,018) LoanSapura Topazio GmbH Seadrill JU Newco Bermuda Limited (5,909) (5,909) LoanSeabras Sapura Participacoes Seadrill JU Newco Bermuda Limited (11,469) (11,469) Loan

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Case 21-30427 Document 289 Filed in TXSB on 03/30/21 Page 7 of 8

Debtor Name: SEADRILL LIMITED, et. al. Case Number: 21-30427 (DRJ)

Exhibit D & E

Exhibit D:

Seadrill Management Ltd serves as the nominated company under a Group Payment Arrangement (“GPA”) for:

Debtor entities:

Seadrill Management Ltd Seadrill UK Ltd Seadrill UK Operations Ltd Seadrill UK Support Services Ltd Seadrill Treasury UK Ltd

Non-debtor entities:

Seadrill Seadragon UK Ltd Seadrill Seabras UK Ltd Seadrill Seabras SP UK Ltd Seadrill Mobile Units UK Ltd

A GPA is an optional contract between a nominated company and Her Majesty’s Revenue and Customs (“HMRC”) under which the nominated company makes payments on behalf of all the companies within the GPA and retrospectively allocates the payments against the corporation tax liabilities of the members once established (i.e., once the corporation tax returns are filed), however, the liabilities are still the responsibility of the individual members. While all members of a GPA are listed in the written agreement (i.e., the contract with HMRC), the agreement is between the nominated company and HMRC.

Exhibit E:

No payments have been made, and no obligations have been incurred, by Controlled Non-Debtor Entities included in this report that could be asserted against any Debtor Entities.

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Case 21-30427 Document 289 Filed in TXSB on 03/30/21 Page 8 of 8