Borr Drilling approves 2026 AGM resolutions
Borr Drilling Limited reported the results of its 2026 Annual General Meeting held on May 20, 2026 in Hamilton, Bermuda.
Rhea-AI Filing Summary
Borr Drilling Limited reported the results of its 2026 Annual General Meeting held on May 20, 2026 in Hamilton, Bermuda. Shareholders approved a maximum board size of eight directors and re-elected all nine named directors standing for election, including the chair and current board members.
PricewaterhouseCoopers LLP was re-appointed as independent auditors, with the board authorized to set their pay. Shareholders also approved total board remuneration fees not to exceed US$1,600,000 for the year ending December 31, 2026.
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Key Figures
AGM date: May 20, 2026
AGM time: 09:30 ADT
Maximum number of directors: 8 directors
+3 more
6 metrics
AGM date
May 20, 2026
Date of 2026 Annual General Meeting
AGM time
09:30 ADT
Start time of 2026 AGM in Hamilton
Maximum number of directors
8 directors
Cap on Borr Drilling’s board size approved at AGM
Board remuneration cap
US$1,600,000
Total board fees for year ending December 31, 2026
Financial statements year presented
Year ended December 31, 2025
Audited consolidated financial statements presented to AGM
Auditor
PricewaterhouseCoopers LLP
Re-appointed as independent auditors by shareholders
Key Terms
Annual General Meeting, audited consolidated financial statements, independent auditors, remuneration, +1 more
5 terms
Annual General Meeting financial
"the 2026 Annual General Meeting of the Company was held on May 20, 2026"
audited consolidated financial statements financial
"The audited consolidated financial statements for the Company for the year ended December 31, 2025 were presented"
A set of financial reports that combine a parent company and all its subsidiaries into one overall picture, examined and verified by an independent auditor. Think of it as a household budget that merges every family member’s accounts and is then checked by a neutral accountant; it gives investors a single, trustworthy view of the group’s assets, debts, income and cash flow. That independent check matters because it reduces the chance of hidden problems and helps investors compare companies on a level playing field.
independent auditors financial
"To re-appoint PricewaterhouseCoopers LLP as the Company’s independent auditors"
Independent auditors are outside, licensed accountants who examine a company’s books, records and internal controls and issue an objective opinion on whether the financial statements accurately reflect the business’s financial position. Investors treat their report like a neutral inspector’s stamp — it increases trust, makes financial results easier to compare, and alerts readers if there are errors, omissions or other problems that could affect investment decisions.
remuneration financial
"To approve remuneration of the Company’s Board of Directors of a total amount of fees not to exceed US$1,600,000"
Remuneration is the total pay and benefits given to a company's employees, executives and board members, including salaries, bonuses, stock awards, pension contributions and other perks. Investors watch remuneration because it affects a company’s costs and the behavior of decision‑makers—generous or poorly structured pay can encourage risk-taking or dilute shareholders, while well-aligned packages can motivate management to grow value, much like a performance bonus that steers behavior toward a desired goal.
Board of Directors financial
"To approve remuneration of the Company’s Board of Directors of a total amount of fees"
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Borr Drilling (BORR) approve at the 2026 AGM?
Borr Drilling’s 2026 AGM approved all proposed resolutions. Shareholders confirmed a maximum of eight directors, re-elected all nominated directors, re-appointed PricewaterhouseCoopers LLP as independent auditors, and approved total board fees capped at US$1,600,000 for the year ending December 31, 2026.
How many directors did Borr Drilling (BORR) authorize on its board?
Shareholders set Borr Drilling’s board size at up to eight directors. A resolution approved a maximum of eight directors for the Company, while multiple named individuals, including Patrick Schorn and Tor Olav Trøim, were re-elected to continue serving on the board.
Which directors were re-elected at Borr Drilling’s 2026 AGM?
All nominated directors were re-elected at the 2026 AGM. The company confirmed the re-election of Patrick Schorn, Daniel W. Rabun, Tor Olav Trøim, Alexandra Kate Blankenship, Neil J. Glass, Mi Hong Yoon, Jeffrey R. Currie, and Thiago Mordehachvili as directors of Borr Drilling Limited.
Who is Borr Drilling’s independent auditor after the 2026 AGM?
PricewaterhouseCoopers LLP remains Borr Drilling’s independent auditor. Shareholders approved their re-appointment and authorized the directors to determine the auditors’ remuneration, confirming the continuation of PwC’s role for the company’s financial statement audits.
When and where was Borr Drilling’s 2026 AGM held?
The 2026 AGM took place on May 20, 2026 in Hamilton, Bermuda. The meeting was held at 09:30 ADT on the 2nd Floor, The S.E. Pearman Building, 9 Par-la-Ville Road, Hamilton HM 11, where the resolutions and financial statements were presented.
AI-generated analysis. How Rhea-AI works. Not financial advice.
