Hamilton, Bermuda (September 14, 2020)

Archer advises that its 2020 Annual General Meeting will be held on September 30, 2020. A copy of the Notice of Annual General Meeting and associated information including the company`s consolidated financial statements for 2019 can be found on our website www.archerwell.com and attached to this press release.

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