Doha, Qatar; 26th June 2024: Gulf International Service Q.P.S.C. (“GIS”; QE Ticker: GISS), one of the region’s largest oil & gas service providers, announced today that pursuant to the agreement announced on May 16, 2024 and GIS Extraordinary General meeting’s approval dated June 09,2024, its wholly owned subsidiary, Gulf Drilling International, completed the purchase of Seadrill Jack-Up Rig Fleet and Related Joint Venture Interest in Qatar. As a result of the transaction, Gulfdrill became a wholly owned subsidiary of GDI.