Hamilton, Bermuda (April 16, 2021)

Archer advises that its 2021 Annual General Meeting will be held on May 26, 2021. A copy of the Notice of Annual General Meeting and associated information including the company`s consolidated financial statements for 2020 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.