Sevan Drilling has an objective to generate return to the shareholders in the form of dividends and capital appreciation, at a level which is at least equal to other investment possibilities with comparable risk.

At present, the Company will not pay dividends. Currently, the company’s loan agreements restricts this.

The Company has not paid dividends the last three years.

The Company has not bought own shares since it was listed on Oslo Axess 3 May 2011, transferred to Oslo Børs 13 February 2012. Currently, the Board holds no authorizations from the general meeting to buy own shares.