NADL - Minutes from the Annual General Meeting

Hamilton Bermuda, September 26, 2016 - North Atlantic Drilling Ltd. (the "Company") advises that the 2016 Annual General Meeting of the Shareholders of the Company was held on September 23, 2016 at 9:45 a.m. at the Rosewood Tucker's Point Hotel, 60 Tucker's Point Drive, Hamilton Parish HS02, Bermuda.  The audited consolidated financial statements for the Company for the year ended December 31, 2015 were presented to the Meeting.

 

In addition, the following resolutions were passed:

 

1) To re-elect Kate Blankenship as a Director of the Company.

 

2) To re-elect Paul M. Leand, Jr., as a Director of the Company.

 

3) To re-elect Ørjan Svanevik, as a Director of the Company.

 

4) To re-elect N. B. Hunter Cochrane as a Director of the Company.

 

5) To re-elect Bote de Vries as a Director of the Company.

 

6) To re-appoint PricewaterhouseCoopers LLP as auditors and to authorise the Directors to determine their remuneration.

 

7) That the remuneration payable to the Company's Board of Directors of a total amount of fees not to exceed US$500,000.00 be approved for the year ended December 31, 2016.

 

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