Document:

EX-10.5

 Exhibit 10.5 

Execution Version 

ORDINARY SHARE PURCHASE WARRANT AGREEMENT 

This ORDINARY SHARE PURCHASE WARRANT AGREEMENT (this “Agreement”), dated as of February 5, 2021 (the
“Effective Date”), is entered into by and between Noble Corporation, a Cayman Islands exempted company (the “Company”), and Computershare Inc., a Delaware corporation (“Computershare”), and
Computershare Trust Company, N.A., a federally chartered trust company, as warrant agent (together with Computershare, the “Warrant Agent”). 

WHEREAS, on July 31, 2020 and September 24, 2020, Noble Holding Corporation plc (f/k/a Noble Corporation plc), a public limited
company incorporated under the laws of England and Wales, and certain of its subsidiaries and its Affiliates (collectively, the “Debtors”) commenced voluntary cases for relief under chapter 11 of Title 11 of the United States Code,
11 U.S.C. § 101 et seq. (the “Bankruptcy Code”) in the United States Bankruptcy Court for the Southern District of Texas, which cases are jointly administered pursuant to Rule 1015(b) of the Federal Rules of Bankruptcy
Procedure under the caption In re: Noble Corporation plc, et al., Case No. 20-33826 (DRJ) (collectively, the “Chapter 11 Cases”); 

WHEREAS, on September 4, 2020, the Debtors filed the Joint Plan of Reorganization of Noble Corporation plc and Its Debtor
Affiliates (as amended, supplemented or otherwise modified in accordance with the terms thereof, the “Plan”) in the Chapter 11 Cases; 

WHEREAS, pursuant to the Plan and the order confirming the Plan, on or as soon as practicable after the Effective Date, among other things,
the Company will issue or cause to be issued Ordinary Shares (as defined herein) to certain Persons (as defined herein); 
 WHEREAS,
contemporaneously with the execution hereof, certain of such Persons (the “Initial Warrantholders”) and the Company have entered into an agreement (the “Exchange Agreement”) providing, upon the terms and subject to
the conditions set forth therein, for the issuance by the Company of up to 6,463,182 Warrants (as defined herein) to the Initial Warrantholders in exchange for an equal number of Ordinary Shares; 

WHEREAS, the issuance of the Warrants pursuant to the Exchange Agreement is in reliance on the exemption from registration under the
Securities Act (as defined herein) provided by Section 4(a) of the Securities Act, and will bear the legend set forth in Exhibit A; 

WHEREAS, any Ordinary Shares issued upon exercise of Warrants bearing the legend set forth in Exhibit A shall also bear the legend set forth
in Exhibit A unless the Company determines such legend is not applicable; 
 WHEREAS, the Company desires the Warrant Agent to act on behalf
of the Company, and the Warrant Agent is willing so to act, in connection with the issuance of the Warrants and other matters as provided herein; and 

WHEREAS, all acts and things have been done and performed which are necessary to make the Warrants, when issued, the valid, binding and legal
obligations of the Company, and to authorize the execution and delivery of this Agreement. 

 NOW, THEREFORE, in consideration of the foregoing and for the purpose of defining the terms
and provisions of the Warrants and the respective rights and obligations hereunder and thereunder of the Company, the Warrant Agent and Warrantholders, respectively, the parties hereto agree as follows: 

1. Definitions; Rules of Construction. 

1.1. Definitions. As used in this Agreement, the terms set forth below shall have the respective meanings set forth in this
Section 1. Capitalized terms used in this Agreement that are not otherwise defined herein will have the respective meanings ascribed thereto in the Articles of Association. 

“Affiliate” of another Person means (i) any Person directly or indirectly Controlling, Controlled by or under common
Control with such other Person and (ii) in the case of another Person that is an individual or a Family Trust of an individual, a Family Member or Family Trust of such individual or any other Affiliate of such individual. 

“Agent Members” means the securities brokers and dealers, banks and trust companies, clearing organizations and other similar
organizations that are participants in the Depositary’s system. 
 “Aggregate Exercise Price” has the meaning set forth
in Section 3.2(b)(iii)(x). 
 “Agreement” has the meaning set forth in the preamble hereof. 

“Applicable Purchase Right” has the meaning set forth in Section 4.1(b). 

“Appropriate Officer” means the Chief Executive Officer, Chief Operating Officer, Chief Financial Officer, General Counsel,
Treasurer or Secretary of the Company, any Assistant Treasurer or any Assistant Secretary of the Company, any Executive or Senior Vice President or any Vice President (whether or not designated by a number or numbers or word or words added before or
after the title “Vice President”) of the Company or such other director or officer of the Company as approved by the Board to perform the services of an “Appropriate Officer” hereunder. 

“Articles of Association” means those certain Amended and Restated Articles of Association of the Company, as the same may be
amended or modified from time to time. 
 “Attribution Parties” has the meaning set forth in
Section 3.3(a). 
 “Beneficial Ownership Limitation” has the meaning set forth in
Section 3.3(c). 
 “Board” means the Board of Directors of the Company. 

  
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 “Business Day” means any day that is not a Saturday, a Sunday or other day
on which banks are required or authorized by law or other governmental action to be closed in New York, New York. 
 “Chapter 11
Cases” has the meaning set forth in the recitals hereto. 
 “Chosen Courts” has the meaning set forth in
Section 20. 
 “Close of Business” means 5:00 p.m. Eastern Time. 

“Commission” means the United States Securities and Exchange Commission. 

“Company” has the meaning set forth in the preamble hereof. 

“Company Order” means a written request or order signed in the name of the Company by an Appropriate Officer and delivered to
the Warrant Agent. 
 “Control” means the possession, directly or indirectly, of the power to direct the management or
policies of a Person, whether through the ownership or voting of securities, by contract or otherwise. “Controlled” and “Controlling” have correlative meanings. 

“Corporate Agency Office” has the meaning set forth in Section 8.1. 

“Custodian” means Computershare Trust Company, N.A., as custodian for the Depositary, or any successor thereto. 

“Debtors” has the meaning set forth in the recitals hereto. 

“Definitive Warrant” means either (i) a Warrant represented by a Definitive Warrant Certificate or (ii) a Warrant
issued by electronic entry registration on the books of the Warrant Agent. 
 “Definitive Warrant Certificate” means a
Warrant Certificate in definitive form that is not deposited with the Depositary or with the Custodian. 
 “Depositary”
means The Depository Trust Company, its nominees and their respective successors. 
 “Dilutive Event” has the meaning set
forth in Section 4.1(a). 
 “Distribution” has the meaning set forth in
Section 4.1(d). 
 “Effective Date” has the meaning set forth in the preamble hereof. 

“Emergence Warrants” means those certain Tranche 1 Warrants, Tranche 2 Warrants and Tranche 3 Warrants issued by the Company
on the Effective Date pursuant to the Plan and the order confirming the Plan. 

  
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 “Exchange” means any of the following markets or exchanges, if any, on
which the Ordinary Shares are listed or quoted for trading on the date in question: (i) The Nasdaq Stock Market (or any successors thereto) or the New York Stock Exchange (or any successors thereto) or (ii) if the Ordinary Shares are not
then listed on an exchange identified in clause (i), the principal other U.S. national or regional securities exchange or market (including, for such purpose, the OTC Bulletin Board or OTC Markets Group), if any, on which the Ordinary Shares are
listed or admitted for trading or quoted. 
 “Exchange Act” means the U.S. Securities Exchange Act of 1934, as amended, or
any successor statute, and the rules and regulations promulgated thereunder. 
 “Exchange Agreement” has the meaning set
forth in the recitals hereto. 
 “Exchange Property” means, with respect to any Fundamental Transaction, the cash,
securities or other property that Ordinary Shares are converted into, are exchanged for or become the right to receive, in each case, in such Fundamental Transaction. 

“Exercise Date” has the meaning set forth in Section 3.2(g). 

“Exercise Notice” has the meaning set forth in Section 3.2(b)(ii). 

“Exercise Period” has the meaning set forth in Section 3.2(a). 

“Exercise Price” means, as of any Exercise Date, the price per Ordinary Share for which a Warrant is exercisable, which shall
initially equal $0.01; provided, however, that, notwithstanding the foregoing, in the event that the nominal value of one Ordinary Share is increased to an amount that is greater than the Exercise Price, the Exercise Price shall
automatically increase to an amount equal to such nominal value. 
 “Expiration Date” has the meaning set forth in
Section 5.1. 
 “Fair Market Value” means, as of any date, (a) if the Ordinary Shares for
which the Warrants are exercisable are then traded on an Exchange, the volume weighted average closing price for the ten (10) consecutive Trading Days ending on (and including) the Trading Day immediately prior to such date, and (b) if the
Ordinary Shares for which the Warrants are exercisable are not so traded on an Exchange, the fair market value of an Ordinary Share as determined by the Company in good faith, using one or more valuation methods that the Company in its reasonable
judgment determines to be most appropriate, assuming such Ordinary Shares are fully distributed and are to be sold in an arm’s-length transaction and there was no compulsion on the part of any party to
such sale to buy or sell and taking into account all relevant factors. 
 “Family Member” means, with respect to any natural
Person, (a) such Person’s spouse, children, parents, grandparents and lineal descendants of such Person’s parents (in each case, natural or adopted) and (b) in the event of such Person’s death, such Person’s heirs,
executors, administrators, testamentary transferees, legatees and beneficiaries. 

  
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 “Family Trust” means, with respect to any natural Person, a trust, limited
partnership or limited liability company benefiting solely such individual and/or the Family Members of such individual. 

“Fundamental Transaction” means any (i) merger, consolidation, amalgamation, statutory share exchange, business
combination or other similar transaction or series of related transactions to which the Company is a party or (ii) sale, lease, transfer or other disposition of all or substantially all of the assets of the Company and its subsidiaries (by
value), including in connection with a liquidation or winding up of the Company, which, in each of the cases of (i) and (ii) is consummated with a third-party who is unaffiliated with the Company at the time of such transaction, and which is
effected in such a way that the Ordinary Shares are converted into or exchanged for, or become the right to receive, cash, stock, securities or other assets or property (or any combination thereof). 

“Funds” has the meaning set forth in Section 3.4. 

“Global Warrant” means a Warrant represented by a Global Warrant Certificate. 

“Global Warrant Certificate” means a global Warrant Certificate in definitive form, with the global legend set forth in the
form of Warrant Certificate, which is deposited with the Depositary or with the Custodian. 
 “Indemnification Agreements”
means those certain Indemnification Agreements, dated as of the Effective Date, between the Company and each Initial Warrantholder, as such agreements may be modified or amended from time to time. 

“Initial Warrantholders” has the meaning set forth in the recitals hereto. 

“IRS” means the U.S. Internal Revenue Service. 

“New Warrant” has the meaning set forth in Section 5.1(b)(vii). 

“Nominee” has the meaning set forth in Section 3.2(f)(ii). 

“Non-Recourse Parties” has the meaning set forth in
Section 22. 
 “Open of Business” means 9:00 a.m. Eastern Time. 

“Ordinary Share Equivalents” means any securities of the Company or the Company’s subsidiaries which would entitle the
holder thereof to acquire at any time Ordinary Shares, including, without limitation, any debt, preferred shares, right, option, warrant or other instrument that is at any time convertible into or exercisable or exchangeable for, or otherwise
entitles the holder thereof to receive, Ordinary Shares. 

  
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 “Ordinary Shares” means the ordinary shares of the Company, with a nominal
value of $0.00001 per share. 
 “Original Issue Date” means the Effective Date. 

“Per Share Distribution” has the meaning set forth in Section 4.1(d). 

“Person” means any individual, partnership, joint venture, limited liability company, corporation, trust or other entity, and
the heirs, executors, administrators, legal representatives, successors and assigns of such Person where the context so requires. 

“Plan” has the meaning set forth in the recitals hereto. 

“PR Limitation” has the meaning set forth in Section 4.1(b). 

“Purchase Rights” has the meaning set forth in Section 4.1(b). 

“Record Date” means, with respect to any dividend or distribution on the Ordinary Shares, the date for the determination of
the holders of outstanding Ordinary Shares entitled to receive such dividend or distribution fixed by the Board in accordance with the Articles of Association and applicable law. 

“Required Warrantholders” means Warrantholders holding greater than fifty percent (50)% of the outstanding Warrants. 

“Securities Act” means the U.S. Securities Act of 1933, as amended, or any successor statute, and the rules and regulations
promulgated thereunder. 
 “Shareholders” means the holders of outstanding Ordinary Shares. 

“Successor Entity” means, with respect to a Fundamental Transaction, the surviving entity, successor, parent company or
issuer, as applicable, of Exchange Property. 
 “Trading Day” means a day on which trading in the Ordinary Share occurs on
the Exchange; provided that if the Ordinary Shares are not so listed or traded, “Trading Day” means a Business Day. 

“Transfer” means to, directly or indirectly, transfer, sell, assign, pledge, hypothecate or otherwise dispose of any Warrants
or Warrant Certificates. “Transfer” when used as a noun has a correlative meaning. 
 “Unit of Exchange
Property” means, with respect to a Fundamental Transaction, the type and amount of Exchange Property that the holder of one Ordinary Share is entitled to receive in such Fundamental Transaction. 

  
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 “Warrant Agent” has the meaning set forth in the preamble hereof. 

“Warrant Certificates” means those certain warrant certificates evidencing the Warrants (including a Global Warrant
Certificate), substantially in the form of Exhibit B. 
 “Warrant Register” has the meaning set forth in
Section 8.2(a). 
 “Warrant Share Number” has the meaning set forth in
Section 5.1(b)(x). 
 “Warrant Taxes” has the meaning set forth in
Section 3.5. 
 “Warrantholder” means any Person in whose name at the time any Warrant is
registered upon the Warrant Register and, when used with respect to any Warrant Certificate, the Person in whose name such Warrant Certificate is registered in the Warrant Register. 

“Warrants” means those certain Ordinary Share purchase warrants issued hereunder to subscribe for initially up to an aggregate
of 6,463,182 Ordinary Shares, subject to adjustment pursuant to Section 4, and each warrant shall entitle the Warrantholder thereof to subscribe for one (1) Ordinary Share. 

1.2. Rules of Construction. Unless the context requires otherwise: (a) any pronoun used in this Agreement shall include the
corresponding masculine, feminine or neuter forms; (b) references to Sections, Exhibits, paragraphs and clauses refer to Sections, Schedules, Exhibits paragraphs and clauses of this Agreement; (c) the terms “include”,
“includes”, “including” or words of like import shall be deemed to be followed by the words “without limitation”; (d) the terms “hereof”, “herein” or “hereunder” refer to this Agreement as
a whole and not to any particular provision of this Agreement; (e) the term “or” is not exclusive and shall have the inclusive meaning of “and/or”; (f) defined terms herein will apply equally to both the singular and plural
forms and derivative forms of defined terms will have correlative meanings; (g) references to any law or statute shall be deemed to refer to such law or statute as amended or supplemented from time to time and shall include all rules and
regulations and forms promulgated thereunder, and references to any law, rule, form or statute shall be construed as including any legal and statutory provisions, rules or forms consolidating, amending, succeeding or replacing the applicable law,
rule, form or statute; (h) references to any contract or agreement shall be deemed to refer to such contract or agreement as amended, modified or supplemented from time to time in accordance with its terms; (i) references to any Person
include such Person and its respective heirs, executors, administrators, successors, legal representatives and permitted assigns; (j) references to “days” are to calendar days unless otherwise indicated; (k) when calculating the
period of time before which, within which or following which any act is to be done or step taken pursuant to this Agreement, the date that is the reference date in calculating such period shall be excluded; (l) references to “writing”
or “written” shall include electronic mail; and (m) all references to $, currency, monetary values and dollars set forth herein shall mean United States dollars. 

  
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 2. Warrants Generally.  

2.1. Representation of Warrants. Warrants may, at the Company’s option, either be (x) represented by physical certificates,
which may either be Global Warrant Certificates or Definitive Warrant Certificates, or (y) issued by electronic entry registration on the books of the Warrant Agent, and each Warrant evidenced thereby shall represent the right, subject to the
provisions contained herein and therein, to subscribe for one (1) Ordinary Share, subject to adjustment as provided in Section 4. 

2.2. Form of Warrant Certificates. Warrant Certificates shall be in substantially the form attached as
Exhibit B hereto and shall (a) be typed, stamped, printed, lithographed or engraved or produced by any combination of such methods or produced in any other manner permitted by the rules of any securities exchange on
which the Ordinary Shares or the Warrants may be listed and (b) have such insertions, omissions, substitutions and other variations, and may have such letters, numbers or other marks of identification and such legends or endorsements typed,
stamped, printed, lithographed or engraved thereon, in each case, as the Appropriate Officer executing the same may approve (execution thereof to be conclusive evidence of such approval) and as are required, permitted or not inconsistent with the
provisions of this Agreement (but which do not adversely affect the rights, duties, liabilities or responsibilities of the Warrant Agent) or as may be required to comply with any law or with any rule or regulation pursuant thereto or with any rule
or regulation of any securities exchange on which the Ordinary Shares or Warrants may be listed. 
 2.3. Execution and Delivery of Warrant
Certificates. 
 (a) At any time and from time to time on or after the date of this Agreement, Warrant Certificates evidencing the
Warrants may be executed by the Company and delivered to the Warrant Agent for countersignature, and the Warrant Agent shall, upon receipt of a Company Order and at the direction of the Company set forth therein, countersign and deliver such Warrant
Certificates to the respective Persons entitled thereto (or any such Person’s designee). The Warrant Agent is further hereby authorized to countersign and deliver Warrant Certificates as required by this Section 2.3 or
by Sections 3.2(d), 6 or 8. 
 (b) The Warrant Certificates shall be executed in the corporate name and on behalf of the
Company by at least one Appropriate Officer, either manually or by facsimile or electronic signature printed thereon. The Warrant Certificates shall be countersigned, either manually or by facsimile or electronic signature printed thereon, by the
Warrant Agent and shall not be valid for any purpose unless so countersigned. In case any Appropriate Officer whose signature shall have been placed upon any of the Warrant Certificates shall cease to be such Appropriate Officer before
countersignature by the Warrant Agent and issue and delivery thereof, such Warrant Certificates may, nevertheless, be countersigned by the Warrant Agent and issued and delivered with the same force and effect as though such person had not ceased to
be such Appropriate Officer. 

  
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 2.4. Global Warrants. 

(a) Issuance. If so determined by the Company, Warrants, including Warrants issued upon any transfer or exchange thereof, shall be
issued in the form of one or more Global Warrant Certificates, which shall be deposited on behalf of the Company with the Depositary (or, at the direction of the Depositary, with the Custodian or such other custodian as the Depositary may direct),
and registered in the name of the Depositary or a nominee of the Depositary, duly executed by the Company and countersigned by the Warrant Agent as hereinafter provided. Except as provided in Section 8.3 or
Section 2.4(c), owners of beneficial interests in Global Warrants will not be entitled to receive physical delivery of Definitive Warrants. The holder of a Global Warrant may grant proxies and otherwise authorize any
Person, including Agent Members and Persons that may hold beneficial interests in such Global Warrant through Agent Members, to take any action that a Warrantholder is entitled to take under a Warrant Certificate or this Agreement in accordance with
the Depositary’s and the relevant Agent Member’s applicable procedures. 
 (b) Book-Entry Provisions. This
Section 2.4(b) shall apply only to a Global Warrant deposited with, at the direction of or on behalf of the Depositary. 

(i) The Company shall execute and the Warrant Agent shall, in accordance with Section 2.3,
countersign, either by manual or facsimile or other electronically transmitted signature, and deliver one or more Global Warrants that (A) shall be registered in the name of the Depositary or the nominee of the Depositary and (B) shall be
delivered by the Warrant Agent to the Depositary or pursuant to the Depositary’s instructions or held by the Custodian. Each Global Warrant shall be dated the date of its countersignature by the Warrant Agent. 

(ii) Agent Members shall have no rights under this Agreement with respect to any Global Warrant held on their behalf by the
Depositary or by the Warrant Agent as the custodian of the Depositary or under such Global Warrant, except to the extent set forth herein or in a Warrant Certificate, and the Depositary may be treated by the Company, the Warrant Agent and any agent
of the Company or the Warrant Agent as the absolute owner of such Global Warrant for all purposes whatsoever. Notwithstanding the foregoing, nothing herein shall (A) prevent the Company, the Warrant Agent or any agent of the Company or the
Warrant Agent from giving effect to any written certification, proxy or other authorization furnished by the Depositary or (B) impair, as between the Depositary and the Agent Members, the operation of applicable practices of the Depositary
governing the exercise of the rights of a holder of a beneficial interest in any Global Warrant. The rights of beneficial owners in a Global Warrant shall be exercised through the Depositary subject to the applicable procedures of the Depositary,
except to the extent set forth herein or in the applicable Warrant Certificate. 
 (iii) At such time as all beneficial
interests in a Global Warrant have been exchanged for Definitive Warrants, repurchased, exercised or canceled, such Global Warrant shall be returned by the Depositary for cancellation or retained and canceled by the Warrant Agent. At any time prior
to such cancellation, if any beneficial interest in a Global Warrant is exchanged (including for Definitive Warrants), repurchased, exercised or canceled, the number of Warrants represented by such Global Warrant shall be reduced and the Warrant
Agent shall make an adjustment on its books and records to reflect such reduction; provided that, in the case of an adjustment on account of an exercise of Warrants, the Warrant Agent shall have no duty or obligation to make such adjustment
until it has received written notice from the Warrantholder of the amount thereof. 

  
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 (c) Exchange for Definitive Warrants. 

(i) Issuance. Beneficial interests in a Global Warrant deposited with the Depositary or with the Custodian pursuant to
this Section 2.4 shall be transferred to each beneficial owner thereof in the form of Definitive Warrants evidencing a number of Warrants equivalent to such owner’s beneficial interest in such Global Warrant, in
exchange for such Global Warrant, only if such transfer complies with Section 8 and (x) the Depositary notifies the Company in writing that it is unwilling or unable to continue as Depositary for such beneficial
interests represented by such Global Warrant or if at any time the Depositary ceases to be a “clearing agency” registered under the Exchange Act and, in each such case, a successor Depositary is not appointed by the Company within 90 days
of such notice, or (y) the Company, in its sole reasonable discretion, notifies the Warrant Agent in writing that it elects to cause the issuance of Definitive Warrants under this Agreement. 

(ii) Surrender and Exchange. A Global Warrant shall be exchanged for Definitive Warrants, and Definitive Warrants may be
transferred or exchanged for a beneficial interest in a Global Warrant, only at such times and in the manner specified in this Agreement. The holder of a Global Warrant may grant proxies and otherwise authorize any Person, including Agent Members
and Persons that may hold beneficial interests in such Global Warrant through Agent Members, to take any action that a Warrantholder is entitled to take under a Warrant Certificate or this Agreement in accordance with the Depositary’s and the
relevant Agent Member’s applicable procedures. If beneficial ownership interests in a Global Warrant are to be exchanged for Definitive Warrants pursuant to this Section 2.4(c), appropriate adjustment shall be made to
the Global Warrant as provided in Section 2.4(b)(iii), and the Warrant Agent shall countersign, either by manual or facsimile or other electronically transmitted signature, and deliver to each beneficial owner of such
interests in the name of such beneficial owner, Definitive Warrants evidencing a number of Warrants equivalent to such beneficial owner’s beneficial interest in the Global Warrant so exchanged. The Warrant Agent shall register such exchange in
the Warrant Register, and if the entire Global Warrant has been exchanged for Definitive Warrants the surrendered Global Warrant shall be canceled by the Warrant Agent. 

(iii) Validity; Certificates; No Liability. All Definitive Warrants issued upon exchange pursuant to this
Section 2.4(c) shall be the valid obligations of the Company, evidencing the same obligations of the Company and entitled to the same benefits under this Agreement as the Global Warrant, or portion thereof, surrendered upon
such exchange. In the event of the occurrence of any of the events specified in Section 2.4(c)(i), the Company will either (x) promptly make available to the Warrant Agent a reasonable supply of Definitive Warrants in
definitive, fully registered form or (y) direct the Warrant Agent to record the issuance of the Definitive Warrants by 

  
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electronic entry registration on the books of the Warrant Agent. Neither the Company nor the Warrant Agent will be liable or responsible for any registration or transfer of any Warrants that are
registered or to be registered in the name of a fiduciary or the nominee of a fiduciary unless made with actual knowledge that a fiduciary or nominee is committing a breach of trust in requesting such registration or transfer, or with knowledge of
such facts that its participation therein amounts to bad faith. 
 2.5. CUSIP Numbers. In issuing the Warrants, the Company may use
CUSIP numbers (if then generally in use) and, if so, the Warrant Agent shall use CUSIP numbers in notices as a convenience to Warrantholders; provided that any such notice may state that no representation is made as to the correctness of such
CUSIP numbers either as printed on the Warrant Certificates or as contained in any notice and that reliance may be placed only on the other identification numbers printed on the Warrant Certificates. 

2.6. Withholding and Reporting Requirements. The Company shall comply with all applicable tax withholding and reporting requirements
imposed by any governmental authority with respect to the Warrants (including the issuance thereof) and this Agreement, and all distributions, dividends or other payments requiring withholding under applicable law, including deemed distributions or
dividends, pursuant to the Warrants will be subject to applicable withholding and reporting requirements. Notwithstanding any provision hereof to the contrary, each of the Company and the Warrant Agent will be authorized to (a) take any actions
that may be necessary or appropriate to comply with such withholding and reporting requirements, (b) apply a portion of any cash distribution to be made under the Warrants to pay applicable withholding taxes, (c) liquidate a portion of any
non-cash distribution or other consideration to be paid under the Warrants to generate sufficient funds to pay applicable withholding taxes, (d) require reimbursement from any Warrantholder to the extent
any withholding is required in the absence of any distribution or (e) establish any other mechanisms it believes are reasonably necessary and appropriate, including requiring Warrantholders to (x) submit appropriate tax and withholding
certifications (such as IRS Forms W-9 and the appropriate IRS Forms W-8, as applicable) that are necessary to comply with this Section 2.6 or
(y) promptly pay the withholding tax amount which is required to be paid by applicable law to the Company in cash as a condition of receiving the benefit of any adjustment as provided in this Agreement. 

3. Exercise and Expiration of the Warrants. 

3.1. Right to Acquire Ordinary Shares Upon Exercise. Each Warrant Certificate shall, when countersigned by the Warrant Agent, entitle
the Warrantholder thereof, subject to the provisions thereof and of this Agreement, to acquire from the Company, for each Warrant evidenced thereby, one (1) Ordinary Share at the Exercise Price, subject to adjustment as provided in this
Agreement; provided, that if the Warrant Certificates are issued by electronic entry registration on the books of the Warrant Agent and not represented by physical certificates pursuant to Section 2.1, the
Warrantholder’s rights with respect to such uncertificated Warrant Certificates shall not be subject to such countersignature by the Warrant Agent. The number of Ordinary Shares obtainable upon exercise of each Warrant shall be adjusted from
time to time as required by Section 4.1. 

  
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 3.2. Exercise and Expiration of Warrants. 

(a) Generally. Subject to and upon compliance with the terms and conditions set forth herein, including
Section 3.3, a Warrantholder may exercise all or any portion of the Warrants held by such Warrantholder, on any Business Day from and after the Effective Date until the Close of Business on the Expiration Date (the
“Exercise Period”), for the Ordinary Shares obtainable thereunder. 
 (b) Definitive Warrants. In order to exercise
all or any of the Definitive Warrants, the Warrantholder thereof must: 
 (i) if the Definitive Warrants are represented by
Warrant Certificates, surrender to the Warrant Agent, at the Corporate Agency Office, the Warrant Certificate evidencing such Definitive Warrants; 

(ii) in all cases, deliver to the Warrant Agent, at the Corporate Agency Office, a written notice of the Warrantholder’s
election to exercise the number of Warrants and the method of exercise specified therein, properly completed and duly executed by such Warrantholder, in the form attached hereto as Exhibit C (an “Exercise
Notice”), and the Warrant Agent will deliver such Exercise Notice to the Company as promptly as practicable; and 

(iii) in all cases, (x) pay to the Warrant Agent an amount equal to the product of (A) the Exercise Price and
(B) the total number of Ordinary Shares for which such Definitive Warrants are exercisable (the “Aggregate Exercise Price”) together with any payment for transfer taxes as set forth in Section 3.5, if
and as applicable, in any combination of the following elected by such Warrantholder: (1) certified bank check or official bank check in New York Clearing House funds payable to the order of the Warrant Agent and delivered to the Warrant Agent
at the Corporate Agency Office, or (2) wire transfer in immediately available funds to an account specified in writing by the Company to the Warrant Agent and such Warrantholder in accordance with Section 11.1(b); or
(y) in lieu of making a cash payment, instruct the Company to withhold a number of Ordinary Shares issuable upon exercise of the Definitive Warrants being exercised with an aggregate Fair Market Value as of the Exercise Date equal to the
Aggregate Exercise Price, which shall be treated as the surrender of the Definitive Warrants being exercised and the payment of the Aggregate Exercise Price therefor. 

Any attempt to exercise Warrants not in compliance with this Agreement shall be null and void ab initio, and the Company and the
Warrant Agent shall not give effect in their respective records to any such attempted exercise of Warrants. 
 (c) Cashless Exercise.
Upon the Warrant Agent’s receipt of an Exercise Notice and instructions to withhold a number of Ordinary Shares pursuant to Section 3.2(b)(iii)(y), the Company shall, as promptly as practicable, determine the Fair
Market Value of the Ordinary Shares and provide the Warrant Agent and Warrantholder with a calculation of the number of Ordinary Shares required to be withheld pursuant to Section 3.2(b)(iii)(y), which the Warrant Agent
shall rely upon to update the Warrant Register. The Warrant Agent shall have no obligation under this Agreement to perform or verify such calculation or otherwise determine whether such calculation is correct. 

  
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 (d) Partial Exercise. If fewer than all the Definitive Warrants represented by a
Warrant Certificate are exercised, such Warrant Certificate shall be surrendered and a new Warrant Certificate of the same tenor and for the number of Definitive Warrants which were not exercised shall be executed by the Company. The Warrant Agent
shall countersign the new Warrant Certificate, registered in such name or names, subject to the provisions of Section 8 regarding registration of transfer and payment of governmental charges in respect thereof, as may be
directed in writing by the Warrantholder, and shall deliver the new Warrant Certificate to the Person or Persons in whose name such new Warrant Certificate is so registered. The Company, whenever required by the Warrant Agent, will supply the
Warrant Agent with Warrant Certificates duly executed on behalf of the Company for such purpose. 
 (e) Global Warrants. In the case
of Warrants represented by a Global Warrant Certificate, the Warrants shall be exercisable, at any time or from time to time during the Exercise Period, in accordance with the applicable practices and procedures of the Depositary and the relevant
Agent Member. Following any such exercise, the number of Warrants represented by the applicable Global Warrant Certificate shall be reduced in accordance with the applicable procedures of the Depositary, whether or not an adjustment is made to Annex
A to such Global Warrant Certificate, so that the number of Warrants represented thereby will be equal to the number of Warrants theretofore represented by such Global Warrant Certificate less the number of Warrants then exercised. An Agent Member,
and any Person authorized by such Agent Member, may, without the consent of the Warrant Agent or any other Person, on its own behalf and on behalf of the owner of a beneficial interest in the Global Warrant for which it is acting, enforce this
Agreement and the Global Warrant, including its or such beneficial owner’s right to exercise and receive beneficial ownership of Ordinary Shares issuable upon exercise of the Global Warrant, and may institute and maintain any suit, action or
proceeding against the Company to enforce its rights in respect thereof. In connection with (i) settlement pursuant to Section 3.2(b)(iii)(x), the Exercise Price in respect of the exercise of a Global Warrant shall be
paid, and (ii) settlement pursuant to Section 3.2(b)(iii)(y), the election to withhold a number of Ordinary Shares issuable upon exercise of the Global Warrants being exercised with an aggregate Fair Market Value as of
the Exercise Date equal to the Aggregate Exercise Price shall be made, in each case, in accordance with the applicable practices and procedures of the Depositary and its Agent Members. 

(f) Issuance of Ordinary Shares. 

(i) Upon due exercise of Global Warrants in accordance with the foregoing provisions of
Section 3.2(e), Ordinary Shares issuable upon such exercise shall be issued and delivered in accordance with the applicable practices and procedures of the Depositary. The Company shall use commercially reasonable efforts
to cause the transfer agent of the Company to cooperate with the Depositary and the applicable Agent Member in order to effect the issuance and delivery of Ordinary Shares as promptly as practicable in accordance with such practices and procedures.

 (ii) Upon due exercise of Definitive Warrants in accordance with the foregoing provisions
of Section 3.2(b), Section 3.2(c), Section 3.2(d) or Section 5.1, as applicable, the Company shall cause the transfer agent of the Company,
as promptly as practicable but in any event no later than four (4) Business Days after the Exercise Date, 

  
 13 

 
to cooperate with the Agent Member designated by the Warrantholder on the Exercise Notice in order that the Ordinary Shares will be issued, delivered and credited to the account of the Agent
Member at the Depositary for the benefit of the Warrantholder through the Deposit/Withdrawal at Custodian (DWAC) function of the Depositary or such other function as may be adopted by the Depositary for that purpose. Notwithstanding the foregoing,
if, at or prior to the time of the exercise of any Definitive Warrant, the Depositary notifies the Company in writing that it is unwilling or unable to continue as Depositary for the Ordinary Shares issuable upon exercise of such Definitive Warrant
or if at any time the Depositary has ceased or ceases to be a “clearing agency” registered under the Exchange Act (and notifies the Company in writing of such cessation) and, in each such case, a successor Depositary is not appointed by
the Company within ninety (90) days of such notice, the Company shall issue the Ordinary Shares in such name or names as indicated on the Exercise Notice, provided the Warrantholder shall have furnished the Company with the appropriate tax
identification information and, if the Ordinary Shares are to be issued in the name of any Person other than the Warrantholder (a “Nominee”), evidence of the payment of any required transfer or similar tax shall have been furnished
to the Company. The Ordinary Shares shall be issued by the registration of the issuance in the name of the Warrantholder or its Nominee in the register of members of the Company. Where the Company determines, in accordance with the Articles of
Association, that certificates will be issued for the Ordinary Shares, the Company shall cause the certificates representing the Ordinary Shares to be physically delivered to the address specified in the Exercise Notice. The Company shall cause the
Ordinary Shares to be issued and delivered as aforesaid, as promptly as practicable but in any event no later than four (4) Business Days after the Exercise Date. 

(g) Time of Exercise. Each exercise of a Warrant shall be deemed to have been effected immediately prior to the Close of Business on the
first (1st) day on which each of the following has occurred (the “Exercise Date”): (i) in the case of the exercise of Global Warrants, the date on which all actions required for
such exercise, including, if applicable, payment of the Exercise Price therefor, in accordance with the applicable practices and procedures of the Depositary have been taken; and (ii) in the case of the exercise of Definitive Warrants,
(x) if the Definitive Warrant is represented by a Warrant Certificate, the Warrant Certificate representing such Definitive Warrant has been surrendered for exercise; (y) an Exercise Notice has been duly executed by the Warrantholder and
delivered to the Warrant Agent as provided in Section 3.2(b); and (z) if applicable, payment has been made to the Warrant Agent as provided in Section 3.2(b) (unless such surrender, delivery
and payment (if applicable) occur after Close of Business on a Business Day or on a date that is not a Business Day, in which event the Exercise Date shall be the next following Business Day). On the Exercise Date, the exercising Warrantholder
shall, as between such Person and the Company, be deemed to be and entitled to all rights of the holder or record of such Ordinary Shares then issued. For the avoidance of doubt, Warrants do not entitle the Warrantholder or the owner of any
beneficial interest in the Warrants to any voting rights or other rights as a holder of Ordinary Shares prior to the applicable Exercise Date. 

  
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 (h) Expiration of Warrants. The Warrants, to the extent not exercised prior thereto,
shall automatically expire, terminate and become void as of 5:01 p.m. Eastern Time on the Expiration Date. No further action of any Person (including by, or on behalf of, any Warrantholder, the Company or the Warrant Agent) shall be required to
effectuate the expiration of Warrants pursuant to this Section 3.2(h). 
 3.3. Warrantholder’s Exercise
Limitations. 
 (a) Limitation on Exercise. No Warrantholder shall have the right to exercise any Warrant, pursuant to
Section 3.2 or otherwise, and no such exercise shall be effective, to the extent that after giving effect to such issuance after exercise as set forth on the applicable Exercise Notice, the Warrantholder (together with the
Warrantholder’s Affiliates, and any other Person whose beneficial ownership of Ordinary Shares would be aggregated with the Warrantholder’s for purposes of Section 13(d) of the Exchange Act and the applicable rules and regulations of
the Commission, including any “group” (within the meaning of the Exchange Act) of which the Warrantholder or any such other Person is a member (such Persons, “Attribution Parties”)), would beneficially own in excess of the
Beneficial Ownership Limitation (as defined below), provided that (i) a Warrantholder may waive the application of the limitations in this Section 3.3(a) to such Warrantholder upon sixty-five (65) calendar
days’ prior written notice to the Company by such Warrantholder and (ii) the limitations in this Section 3.3(a) shall not apply in the event of a Fundamental Transaction (as defined below). For the avoidance of
doubt, a Warrantholder shall be permitted to exercise a number of Warrants, at any time, sufficient for the Warrantholder and Attribution Parties to maintain in the aggregate beneficial ownership of Ordinary Shares in an amount equal to or less than
the then-applicable Beneficial Ownership Limitation, including if and to the extent that the Company issues additional Ordinary Shares for any reason (including, for the avoidance of doubt, any exercise, exchange or conversion of warrants, options
or convertible securities or other securities into Ordinary Shares). 
 (b) Calculation of Limitation. To the extent that the
limitation contained in Section 3.3(a) applies, the determination of whether a Warrant is exercisable (in relation to other securities owned by the Warrantholder thereof together with any Affiliates and Attribution Parties)
shall be in the sole discretion of such Warrantholder. The submission of an Exercise Notice by a Warrantholder shall be deemed to be such Warrantholder’s representation (upon which the Company and the Warrant Agent shall be entitled to rely
without any investigation or verification) that either (i) such Warrantholder has waived the application of the limitations in Section 3.3(a) pursuant to Section 3.3(a)(i) and such waiver has
become effective or (ii) such proposed exercise of the Warrant or Warrants subject to such Exercise Notice is not in excess of the limitation contained in Section 3.3(a). Neither the Company nor the Warrant Agent shall
have any liability to a Warrantholder or any other Person in respect of the Company’s and the Warrant Agent’s reliance on such Warrantholder’s representation contained (or deemed contained) in an Exercise Notice, any breach of such
representation, error in any underlying calculation or understanding of the facts or legal determinations on which it is based, or any other actual or apparent non-compliance by such Warrantholder with the
limitation set forth herein. For purposes of this Section 3.3, in determining the number of outstanding Ordinary Shares, a Warrantholder may rely on the number of outstanding Ordinary Shares as reflected in (A) the
Company’s most recent periodic or annual report filed with the Commission, as the case may be, (B) a more recent public announcement by the Company or (C) a more recent written notice by the Company setting forth the number of
Ordinary Shares outstanding; provided, that ̧ in the case of clause (B) and (C), the Warrantholder may rely only on the most recent such 

  
 15 

 
announcement or notice. In each case, the number of outstanding Ordinary Shares shall be determined by the Warrantholder after giving effect to the conversion or exercise of securities of the
Company, including any Warrant then being exercised, by the Holder or otherwise included in the Holder’s beneficial ownership since the date as of which such number of outstanding Ordinary Shares was reported. 

(c) Beneficial Ownership Limitation Percentage. The “Beneficial Ownership Limitation” shall be 9.9% of the number of
Ordinary Shares outstanding immediately after giving effect to the issuance of Ordinary Shares issuable upon exercise of any Warrants in respect of which an Exercise Notice has been delivered to the Warrant Agent. 

3.4. Funds; Application of Funds Upon Exercise of Warrants. All funds received by Computershare under this Agreement that are to be
distributed or applied by Computershare in the performance of services hereunder (the “Funds”) shall be held by Computershare in trust for the Company and deposited in one or more bank accounts to be maintained by Computershare in
its name as agent for the Company. Until paid pursuant to the terms of this Agreement, the Funds shall be uninvested. The Warrant Agent shall promptly deliver and pay to the Company all funds received by it upon the exercise of any Warrants by bank
wire transfer to an account designated by the Company or as the Warrant Agent otherwise may be directed in writing by the Company. 
 3.5.
Payment of Taxes. The Initial Warrantholders shall be responsible for Warrant Taxes, as defined in and provided for in the Indemnification Agreement. 

3.6. Surrender of Certificates. Any Warrant Certificate surrendered for exercise shall be surrendered to the Warrant Agent at the office
of the Warrant Agent designated for such purpose and, if surrendered to the Company, be delivered by the Company to the Warrant Agent. All Warrant Certificates surrendered or so delivered to the Warrant Agent shall be promptly cancelled by the
Warrant Agent and shall not be reissued by the Company, and the Warrant Agent shall deliver its certificate of cancellation to the Company. Upon request of the Company, the Warrant Agent shall destroy such cancelled Warrant Certificates and deliver
its certificate of destruction to the Company. 
 3.7. Shares Issuable. The number of Ordinary Shares “obtainable upon
exercise” or “issuable upon exercise” of a Warrant at any time shall be the number of Ordinary Shares for which such Warrant is then exercisable. The number of Ordinary Shares “for which each Warrant is exercisable” shall be
one (1) share, subject to adjustment as provided in Section 4.1. 
 4. Adjustments. 

4.1. Adjustments. In order to prevent dilution of the rights granted under the Warrants, the number of Ordinary Shares obtainable upon
exercise of the Warrants shall be subject to adjustment from time to time as provided in this Section 4.1 (in each case, after taking into consideration any prior adjustments pursuant to this
Section 4.1); provided that no single event shall give rise to an adjustment under more than one subsection of this Section 4.1. 

  
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 (a) Share Dividends and Splits. If the Company, at any time while any Warrant is
outstanding: (i) pays a share dividend or otherwise makes a distribution or distributions on its Ordinary Shares payable in Ordinary Shares (which, for avoidance of doubt, shall not include any Ordinary Shares issued by the Company in
settlement of any Ordinary Share Equivalent), (ii) subdivides outstanding Ordinary Shares into a larger number of shares, (iii) combines (including by way of reverse share split) outstanding Ordinary Shares into a smaller number of shares, or
(iv) issues by reclassification of Ordinary Shares any shares of the Company (each, a “Dilutive Event”), then, in each case, the number of Ordinary Shares issuable upon exercise of a Warrant shall be proportionately adjusted in
a good faith, commercially reasonable manner to preserve the fair value of the Warrant. Any adjustment made pursuant to this Section 4.1(a) shall become effective immediately after the payment date for such dividend or
distribution and shall become effective immediately after the effective date in the case of a subdivision, combination or re-classification. 

(b) Subsequent Rights Offerings. If at any time while any Warrant is outstanding the Company grants, issues or sells any Ordinary Share
Equivalents or rights to purchase equity, warrants, securities or other property, in any such case, pro rata to the record holders of Ordinary Shares, other than any issuance which constitutes a Dilutive Event or a Distribution (the
“Purchase Rights”), then each Warrantholder will be entitled to a number of Applicable Purchase Rights (as defined below) equal to the number of Purchase Rights which the Warrantholder would have received if, on the Record Date for
the distribution of such Purchase Rights, the Warrantholder had held the number of Ordinary Shares issuable upon complete exercise of the Warrants held by such Warrantholder as of such Record Date (without regard to any limitations on exercise
hereof, including without limitation, the Beneficial Ownership Limitation). “Applicable Purchase Right” means, with respect to a particular Purchase Right and a particular Warrantholder, a purchase right on substantially the same
terms and conditions applicable to such Purchase Right, and, subject to the additional limitation that, unless such Warrantholder has waived the application of the limitations in Section 3.3(a) pursuant to
Section 3.3(a)(i) and such waiver has become effective, such Warrantholder shall not have the right to exercise such Applicable Purchase Right, and no such exercise shall be effective, to the extent that after giving effect
to such exercise, the Warrantholder (together with the Warrantholder’s Affiliates and Attribution Parties) would beneficially own in excess of the Beneficial Ownership Limitation (the “PR Limitation”). In order to exercise any
such Applicable Purchase Right, a Warrantholder shall represent to the Company and the Warrant Agent that either (x) such Warrantholder has waived the application of the limitations in Section 3.3(a) pursuant to
Section 3.3(a)(i) and such waiver has become effective or (y) such proposed exercise of such Applicable Purchase Right is not in excess of the PR Limitation, and the Company and the Warrant Agent shall be entitled to
rely on such representation without any investigation or verification. Neither the Company nor the Warrant Agent shall have any liability to a Warrantholder or any other Person in respect of the Company’s and the Warrant Agent’s reliance
on such representation by a Warrantholder, any breach of such representation, error in any underlying calculation or understanding of the facts or legal determinations on which it is based, or any other actual or apparent non-compliance by such Warrantholder with the limitations in Section 3.3(a) or with the PR Limitation. To the extent that the PR Limitation applies, the determination of whether a Purchase
Right is exercisable (in relation to other securities owned by the Warrantholder thereof together with any Affiliates and Attribution Parties) shall be in the sole discretion of such Warrantholder. 

  
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 (c) Pro Rata Cash Dividends. If at any time the Company shall pay or make any cash
dividend to holders of Ordinary Shares, other than any such dividend or distribution to which Section 4.1(a), Section 4.1(b) or Section 4.1(d) applies (a “Cash
Dividend” and the amount of such Cash Dividend per Ordinary Share, the “Per Share Cash Dividend”), then, in each such case, on the date on which such Cash Dividend is paid, the Holder on the Record Date for such Cash
Dividend of each outstanding Warrant that was unexercised as of the Record Date for such Cash Dividend shall be entitled to receive the Per Share Cash Dividend with respect to the number of Ordinary Shares that were issuable upon a complete exercise
of such Warrant as of the Record Date (without regard to any limitations on exercise of such Warrant, including without limitation, the Beneficial Ownership Limitation). 

(d) Pro Rata Non-Cash Distributions. If at any time the Company shall pay or make any dividend
or other distribution of its assets (or rights to acquire its assets) to holders of Ordinary Shares, by way of return of capital or otherwise (including, without limitation, any distribution of stock or other securities, property (other than cash)
or options by way of a non-cash dividend, spin off, reclassification, corporate rearrangement, merger in which the Company is the surviving parent company and the Ordinary Shares remain outstanding, scheme of
arrangement or other similar transaction), in each case, other than any such dividend or distribution to which Section 4.1(a), Section 4.1(b) or Section 4.1(c) applies (a
“Distribution” and the type and amount of such Distribution per Ordinary Share, the “Per Share Distribution”), then, in each such case, each outstanding Warrant that was unexercised as of the Record Date for such
Distribution shall, from and after the date that such Distribution is paid, represent the right to acquire upon exercise, in addition to the number of Ordinary Shares issuable upon exercise of such Warrant, the Per Share Distribution with respect to
each such Ordinary Share without payment of any additional consideration therefor. 
 (e) Other Provisions Applicable to Adjustments.
All calculations under this Section 4.1 shall be made to the nearest 1/100th of a share, as the case may be. For purposes of this Section 4.1, the number of Ordinary Shares deemed to be issued and
outstanding as of a given date shall be the sum of the number of Ordinary Shares (excluding treasury shares, if any) issued and outstanding on such date. 

(f) Notice of Adjustment. Upon the occurrence of each adjustment of the Exercise Price or the number of Ordinary Shares for which a
Warrant is exercisable pursuant to this Section 4.1, the Company at its expense shall promptly: 

(i) compute such adjustment in accordance with the terms hereof; 

(ii) after such adjustment becomes effective, deliver or communicate to all Warrantholders and owners of a beneficial interest
in a Global Warrant, in accordance with Section 11.1(b), a notice setting forth such adjustment (including the kind and amount of securities, cash or other property for which the Warrants shall be exercisable and the
Exercise Price) and setting forth a reasonably detailed statement of the facts requiring such adjustment and the method of calculation; provided that the failure of the Company to deliver such notice shall not affect the validity of the
relevant adjustments or the events giving rise to such adjustments; provided, further, that, (x) the failure of the Company to deliver such notice shall not limit the Company’s obligation to effectuate such adjustment in
accordance with this Section 4.1 and (y) if the Company fails to deliver such notice after such adjustment becomes effective, the Company shall promptly provide such notice to any Warrantholder upon its request; and

  
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 (iii) deliver to the Warrant Agent a certificate of the Chief Executive
Officer, Chief Financial Officer or Treasurer of the Company setting forth the Exercise Price and the number of Ordinary Shares for which each Warrant is exercisable after such adjustment and setting forth a reasonably detailed statement of the
facts requiring such adjustment and the computation by which such adjustment was made (including a description of the basis on which the fair market value of any evidences of indebtedness, shares of capital stock, securities or other assets or
consideration used in the computation was determined). As provided in Section 10.1, the Warrant Agent (x) shall be entitled to rely on such certificate, (y) shall be under no duty, liability or responsibility with
respect to any such certificate, except to exhibit the same from time to time to any Warrantholder desiring an inspection thereof during reasonable business hours and (z) shall not be deemed to have knowledge of any such adjustment or any such
facts requiring any such adjustment unless and until it shall have received such certificate. 
 (g) Statement on Warrant
Certificates. Irrespective of any adjustment in the Exercise Price or amount or kind of shares for which the Warrants are exercisable, Warrant Certificates theretofore or thereafter issued may continue to express the same Exercise Price
initially applicable or amount or kind of shares initially issuable upon exercise of the Warrants evidenced thereby pursuant to this Agreement. 

4.2. Fractional Interest. The Company shall not be required upon the exercise of any Warrant to issue any fractional shares (or scrip
representing fractional shares). In the event a Warrant becomes exercisable for fractional Ordinary Shares, the aggregate number of Ordinary Shares issuable upon exercise thereof will be rounded down to the next lower whole Ordinary Share. If
Warrant Certificates evidencing more than one (1) Warrant shall be presented for exercise at the same time by the same Warrantholder, the number of full Ordinary Shares which shall be issuable upon such exercise thereof shall be computed on the
basis of the aggregate number of Warrants so to be exercised. The Warrantholders, and any owners of a beneficial interest in a Global Warrant, by their acceptance of the Warrant Certificates, expressly waive their right to receive any fraction of an
Ordinary Share, a share certificate representing a fraction of an Ordinary Share or any cash consideration in lieu of a fractional Ordinary Share. 

4.3. No Other Adjustments. In each case except in accordance with Section 4.1, the Exercise Price and the
number of Ordinary Shares obtainable upon exercise of any Warrant will not be adjusted for the issuance of Ordinary Shares or any securities convertible into or exchangeable for Ordinary Shares or carrying the right to purchase any of the foregoing,
including: 
 (a) upon the issuance of any other securities by the Company on or after the Original Issue Date, whether or not contemplated
by the Plan, or upon the issuance of Ordinary Shares upon the exercise of any such securities; 

  
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 (b) upon the issuance of any Ordinary Shares or other securities or any payments pursuant to
the Management Incentive Plan (as defined in the Plan) or any other equity incentive plan of the Company; 
 (c) upon the issuance of any
Ordinary Shares pursuant to the exercise of the Warrants or any Emergence Warrants; or 
 (d) upon the issuance of any Ordinary Shares or
other securities of the Company in connection with a business acquisition transaction (except as expressly set forth in Section 4.1). 

5. Fundamental Transaction. 
 5.1.
Fundamental Transaction. 
 (a) In the case of any Fundamental Transaction, then, notwithstanding anything in this Agreement to the
contrary, (i) each Warrant shall expire on the 30th day following the date on which such Fundamental Transaction becomes effective (such date of expiration, the “Expiration Date”), and (ii) during the 30 days following the
date on which such Fundamental Transaction becomes effective, (x) a Warrantholder’s right to receive Ordinary Shares upon exercise of this Warrant shall be converted into the right to exercise this Warrant to acquire, with respect to each
Ordinary Share that would have otherwise been deliverable hereunder, one Unit of Exchange Property, and (y) the limitations in Section 3.3(a) shall not apply to any exercise of the Warrants. Notwithstanding anything in
this Agreement to the contrary, the Board shall be entitled to elect to cause each Warrant, upon the consummation of any Fundamental Transaction, to be automatically cancelled, converted into and exchanged for, without any action on the part of any
Warrantholder, one Unit of Exchange Property for each Ordinary Share that would have otherwise been deliverable upon an exercise of such Warrant immediately prior to the consummation of such Fundamental Transaction (without regard to the limitations
in Section 3.3(a)). 
 (b) In the case of any Fundamental Transaction in which holders of Ordinary Shares may make
an election as between different types of Exchange Property, for purposes of Section 5.1(a), a Unit of Exchange Property shall mean the types of consideration chosen by the Warrantholder in respect of the Ordinary Shares
issuable upon exercise of a Warrant; provided, that (x) the Warrantholder must make any such election in accordance with the procedures and requirements of the definitive agreement pursuant to which such Fundamental Transaction is consummated,
(y) any such election is subject to proration on the same basis as is applicable to holders of Ordinary Shares under the definitive agreement pursuant to which such Fundamental Transaction is consummated, and (z) if a Warrantholder fails
to make a valid election, a Unit of Exchange Property shall mean the weighted average of the types and amounts of Exchange Property issuable to holders of Ordinary Shares who failed to make a valid election regarding the type or types of Exchange
Property to be received. 
 (c) The Company shall not consummate any Fundamental Transaction unless the Company first shall have made
appropriate provision to ensure that the Successor Entity shall deliver any Exchange Property deliverable upon the exercise of the Warrants. 

  
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 (d) The provisions of Section 4.1 and this
Section 5.1 are subject, in all cases, to any applicable requirements under the Securities Act and the Exchange Act and the respective rules and regulations promulgated thereunder. 

6. Loss or Mutilation. 
 If (i) any
mutilated Warrant Certificate is surrendered to the Warrant Agent or (ii) both (x) there shall be delivered to the Company and the Warrant Agent (A) a claim by a Warrantholder as to the destruction, loss or wrongful taking of any
Warrant Certificate of such Warrantholder, evidence reasonably satisfactory to the Company of such destruction, loss or taking, and a request for a new replacement Warrant Certificate, and (B) such open penalty surety bond or other indemnity
bond as may be required by the Company and the Warrant Agent to save each of them and any agent of either of them harmless from any loss that either of them may suffer if a Warrant Certificate is replaced and (y) such other reasonable
requirements as may be imposed by the Company have been satisfied, then, the Company shall execute and upon its written request the Warrant Agent shall countersign and deliver to the registered Warrantholder of the lost, wrongfully taken, destroyed
or mutilated Warrant Certificate, in exchange therefor or in lieu thereof, a new Warrant Certificate of the same tenor and for a like aggregate number of Warrants. At the written request of such registered Warrantholder, the new Warrant Certificate
so issued shall be retained by the Warrant Agent as having been surrendered for exercise, in lieu of delivery thereof to such Warrantholder, and shall be deemed for purposes of Section 3.2 to have been surrendered for
exercise on the date the conditions specified in clauses (i) or (ii) of the preceding sentence were first satisfied. 
 Upon the
issuance of any new Warrant Certificate under this Section 6, each of the Company and the Warrant Agent may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in
relation thereto and other expenses (including the fees and expenses of the Warrant Agent and of counsel to the Company) in connection therewith. 

Each new Warrant Certificate executed and delivered pursuant to this Section 6 in lieu of any lost, wrongfully taken
or destroyed Warrant Certificate shall constitute an additional contractual obligation of the Company, whether or not the allegedly destroyed, lost or wrongfully taken Warrant Certificate shall be at any time enforceable by any other Person, and
shall be entitled to the benefits of this Agreement equally and proportionately with any and all other Warrant Certificates duly executed and delivered hereunder. 

The provisions of this Section 6 are exclusive and shall preclude (to the extent lawful) all other rights or remedies
with respect to the replacement of mutilated, lost, wrongfully taken, or destroyed Warrant Certificates. 

  
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 7. Reservation and Authorization of Ordinary Shares. 

(a) The Company covenants that, for the duration of the Exercise Period, the Company will at all times reserve and keep available, from its
authorized and unissued Ordinary Shares solely for issuance and delivery upon the exercise of the Warrants (in each case, free of preemptive rights) such number of Ordinary Shares as from time to time shall be issuable upon the exercise in full of
all outstanding Warrants. The Company further covenants that it shall, from time to time, take all steps necessary to increase the authorized number of Ordinary Shares if at any time the authorized number of Ordinary Shares remaining unissued would
otherwise be insufficient to allow delivery of all the Ordinary Shares then deliverable upon the exercise in full of all outstanding Warrants. The Company covenants that all Ordinary Shares issuable upon exercise of the Warrants will, upon issuance,
be duly and validly issued, fully paid and nonassessable. The Company shall take all such actions as may be necessary to ensure that all such Ordinary Shares may be so issued without violation of any applicable law or governmental regulation or any
requirements of any Exchange (except for official notice of issuance which shall be immediately delivered by the Company upon each such issuance to the extent required to list the Ordinary Shares so issued). The Company covenants that all such
Ordinary Shares issued pursuant to the Warrants shall be compliant with the Articles of Association. 
 (b) If and to the extent that
Ordinary Shares shall be issuable in certificated form upon exercise of Definitive Warrants in accordance with the terms of this Agreement, the Company shall so notify the Warrant Agent. The Warrant Agent shall thereafter be authorized to request
from time to time from the Company’s transfer agent share certificates required to honor the exercise of outstanding Definitive Warrants, and the Company shall authorize and direct such transfer agent to comply with all such requests of the
Warrant Agent. The Company shall supply its transfer agent with duly executed share certificates for such purposes. 
 8. Transfers; Warrant Transfer
Books. 
 8.1. Corporate Agency Office. The Warrant Agent will maintain an office (the “Corporate Agency
Office”) in the United States of America, where Warrant Certificates may be surrendered for registration of Transfer or exchange in accordance with this Section 8 and where Warrant Certificates may be surrendered
for exercise of Warrants evidenced thereby, which office is, as of the date of this Agreement, 150 Royall Street, Canton, MA 0202, Attention: Client Services. The Warrant Agent will give prompt written notice to all Warrantholders of any change in
the location of such office. 
 8.2. Warrant Register. 

(a) Registration Generally. The Company shall cause to be kept at the office of the Warrant Agent designated for such purpose a warrant
register (the “Warrant Register”) in which, subject to such reasonable regulations as the Warrant Agent may prescribe and such regulations as may be prescribed by law, the Company shall provide for the registration of Warrants or
Warrant Certificates and of Transfers or exchanges of Warrants or Warrant Certificates as herein provided. The Company and the Warrant Agent may deem and treat any Person in whose name a Warrants or a Warrant Certificate is registered in the Warrant
Register as the absolute owner of such Warrants or Warrant Certificate for all purposes whatsoever and neither the Company nor the Warrant Agent shall be affected by notice to the contrary. 

  
 22 

 (b) Registration of Global Warrants. The holder of any Global Warrant will be the
Depositary or a nominee of the Depositary in whose name such Global Warrant is registered. The Warrant holdings of Agent Members will be recorded on the books of the Depositary. The beneficial interests in any Global Warrant held by customers of
Agent Members will be reflected on the books and records of such Agent Members, and none of the Warrant Agent, the Company or the Depositary shall be responsible for recording such beneficial interests or their exchange, exercise, cancellation or
transfer. 
 8.3. Transfers. 

(a) Definitive Warrants 

(i) The Warrant Agent will give prompt written notice to the Company of any Transfer requested by the holder of a Definitive
Warrant. 
 (ii) If the Definitive Warrants are represented by Warrant Certificates, any Transfer of such Warrants shall be
subject to the requirement to deliver a properly completed and duly signed assignment to the Warrant Agent (who shall in turn provide a copy of same to the Company), such assignment to be in the form of assignment attached to the form of Warrant
Certificate attached hereto as Exhibit B accompanied by a signature guarantee from an eligible guarantor institution participating in an approved signature guarantee program pursuant to Rule 17Ad-15 of
the Exchange Act. If the Definitive Warrants are issued in electronic entry registered form, any Transfer of such Definitive Warrants shall be subject to the requirement to deliver such assignment documentation as shall be required by the Warrant
Agent. 
 (iii) Any attempt to Transfer any Definitive Warrants not in compliance with this Agreement shall be null and void
ab initio, and the Company and the Warrant Agent shall not give any effect in their respective records to such attempted Transfer. 

(b) Global Warrants. 

(i) In the case of a Global Warrant, then so long as the Global Warrant is registered in the name of the Depositary,
(x) the holders of beneficial interests in the Warrants evidenced thereby shall have no rights under the Warrant Certificate with respect to such Global Warrant held on their behalf by the Depositary or the Custodian, and (y) the
Depositary may be treated by the Company, the Warrant Agent and any agent of the Company or the Warrant Agent as the absolute owner of such Global Warrant for all purposes whatsoever, except, in each case, to the extent set forth herein.
Accordingly, any such owner’s beneficial interest in the Global Warrant will be shown only on, and the transfer of such interest shall be effected only through, records maintained by the Depositary or the Agent Members, and neither the Company
nor the Warrant Agent shall have any responsibility with respect to such records maintained by the Depositary or the Agent Members. Notwithstanding the foregoing, nothing herein shall (I) prevent the Company, the Warrant Agent or any agent of
the Company or the Warrant Agent from giving effect to any written certification, proxy or other authorization furnished by the Depositary or (II) impair, as between the Depositary and the Agent Members, the

  
 23 

 
operation of applicable practices governing the exercise of the rights of a holder of a beneficial interest in any Warrant. Except as otherwise may be provided in this Agreement, the rights of
beneficial owners in a Global Warrant shall be exercised through the Depositary subject to the applicable procedures of the Depositary. 

(ii) Any holder of any Global Warrant shall, by acceptance of such Global Warrant, agree that (x) ownership of a
beneficial interest in the Warrants represented thereby shall be required to be reflected in book-entry form, and (y) the transfer and exchange of Global Warrants or beneficial interests therein shall be effected through the book-entry system
maintained by the Depositary, in accordance with this Agreement and the Warrant Certificates and the applicable procedures of the Depositary therefor. 

(iii) Notwithstanding any other provisions of this Agreement (other than the provisions set forth in
Section 2.4(c)(ii)), a Global Warrant may only be transferred as a whole, and not in part, and only by (A) the Depositary, to a nominee of the Depositary, (B) a nominee of the Depositary, to the Depositary or
another nominee of the Depositary, or (C) the Depositary or any such nominee to a successor Depositary or its nominee. 

(iv) In the event that a Global Warrant is exchanged for Definitive Warrants pursuant to
Section 2.4(c)(ii), such Warrants may be exchanged only in accordance with the provisions of Section 8.3(a) and Section 2.4(c) and such other procedures as may from time
to time be adopted by the Company that are not inconsistent with the terms of this Agreement or of any Warrant Certificate. 

(v) At such time as all beneficial interests in a Global Warrant have been exchanged for Definitive Warrants, repurchased,
exercised or canceled, such Global Warrant shall be returned by the Depositary for cancellation or retained and canceled by the Warrant Agent. At any time prior to such cancellation, if any beneficial interest in a Global Warrant is exchanged
(including for Definitive Warrants), repurchased, exercised or canceled, the number of Warrants represented by such Global Warrant shall be reduced and the Warrant Agent shall make an adjustment on its books and records to reflect such reduction;
provided that, in the case of an adjustment on account of an exercise of Warrants, the Warrant Agent shall have no duty or obligation to make such adjustment until it has received notice from the Warrantholder of the amount thereof. 

8.4. Exchange of Definitive Warrants. If the Definitive Warrants are at the time represented by Warrant Certificates, at the option of
the Warrantholder, Warrant Certificates may be exchanged at the Corporate Agency Office upon payment of the charges hereinafter provided for other Warrant Certificates evidencing a like aggregate number of Definitive Warrants. Whenever any Warrant
Certificates are so surrendered for exchange, the Company shall execute, and the Warrant Agent shall countersign and deliver, the Warrant Certificates of the same tenor and evidencing the same aggregate number of Definitive Warrants as evidenced by
the Warrant Certificates surrendered by the Warrantholder making the exchange; provided that the Warrant Agent shall have received (i) a written instruction of exchange in form satisfactory to the Warrant Agent, duly executed by the
Warrantholder thereof or by his, her or its attorney, duly authorized in writing, and (ii) surrender of the Warrant Certificate(s) representing the Definitive Warrants, duly endorsed for transfer. 

  
 24 

 8.5. Valid Obligations. All Warrant Certificates issued upon any registration of
Transfer or exchange of Warrant Certificates pursuant to this Agreement shall be the valid obligations of the Company, evidencing the same obligations, and entitled to the same benefits under this Agreement, as the Warrant Certificates surrendered
for such registration of Transfer or exchange. 
 8.6. No Service Charge. No service charge shall be made for any registration of
Transfer or exchange of Warrant Certificates; provided, however, (i) the Company may require payment of a sum sufficient to cover any documentary, stamp or other tax or other charge that may be imposed in connection with any
registration of Transfer or exchange of Warrant Certificates, and (ii) nothing set forth in this Agreement shall limit any rights of the Company, or obligations of any Warrantholder (if applicable), under the Indemnification Agreements. The
Warrant Agent shall promptly forward any such sum collected by it to the Company or to such Persons as the Company shall specify by written notice. 

8.7. Reports of Ownership. The Warrant Agent shall, upon request of the Company from time to time, deliver to the Company such reports
of registered ownership of the Warrants and such records of transactions with respect to the Warrants and the Ordinary Shares issuable upon exercise of the Warrants as the Company may request. The Warrant Agent shall also make available to the
Company for inspection by the Company’s agents or employees, from time to time as the Company may request, such original books of accounts and records maintained by the Warrant Agent in connection with the issuance and exercise of Warrants
hereunder, such inspections to occur at the Corporate Agency Office during normal business hours. 
 8.8. Copies; Notice. The Warrant
Agent shall keep copies of this Agreement and any notices given to Warrantholders hereunder available for inspection by the Warrantholders during normal business hours at the Corporate Agency Office. The Company shall supply the Warrant Agent from
time to time with such numbers of copies of this Agreement as the Warrant Agent may reasonably request. 
 9. Other Rights of Warrantholders. 

9.1. No Voting or Dividend Rights. No Warrantholder shall have or exercise, and each Warrantholder acknowledges and agrees that it shall
not have or exercise, any rights held by holders of Ordinary Shares solely by virtue hereof as a holder of Warrants, including the right to vote and to receive dividends and other distributions as a holder of Ordinary Shares. Except as may be
specifically provided for herein with respect to the Ordinary Shares issuable upon exercise of the Warrants: 
 (a) the consent of any
Warrantholder, solely by reason of the ownership or possession of a Warrant or the Warrant Certificate representing the same, shall not be required with respect to any action or proceeding of the Company; 

  
 25 

 (b) no such Warrantholder, solely by reason of the ownership or possession of a Warrant or
the Warrant Certificate representing the same, shall have any right to receive any cash dividends, stock dividends, allotments or rights or other distributions paid, allotted or distributed or distributable to the holders of outstanding Ordinary
Shares prior to, or for which the relevant record date preceded, the Exercise Date of such Warrant; and 
 (c) no such Warrantholder shall
have any right not expressly conferred hereunder or by applicable law with respect to the Warrant(s) held by such Warrantholder. 
 9.2.
Rights of Action. All rights of action against the Company in respect of this Agreement, except rights of action vested in the Warrant Agent, are vested in the Warrantholders, and any Warrantholder, without the consent of the Warrant Agent or
any other Warrantholder, may, in such Warrantholder’s own behalf and for such Warrantholder’s own benefit, enforce, institute and maintain any suit, action or proceeding against the Company suitable to enforce, or otherwise in respect of,
such Warrantholder’s rights provided in this Agreement. 
 9.3. Treatment of Holders of Warrant Certificates. Every
Warrantholder, by accepting any Warrant, consents and agrees with the Company, with the Warrant Agent and with every subsequent holder of such Warrant that, prior to due presentment of such Warrant for registration of Transfer in accordance with
Section 8, the Company and the Warrant Agent may treat the Person in whose name the Warrant is registered as the owner thereof in the Warrant Register for all purposes and as the Person entitled to exercise the rights
granted under the Warrants, and neither the Company, the Warrant Agent nor any agent thereof shall be affected by any notice to the contrary. 
 10.
Concerning the Warrant Agent. 
 10.1. Nature of Duties and Responsibilities Assumed. The Company hereby appoints the Warrant
Agent to act as agent of the Company as expressly set forth in this Agreement (without any implied terms or conditions). The Warrant Agent hereby accepts the appointment as agent of the Company and agrees to perform that agency upon the express
terms and conditions set forth in this Agreement and in the Warrants or as the Company and the Warrant Agent may hereafter agree in writing, by all of which the Company and the Warrantholders, by their acceptance thereof, shall be bound;
provided, however, that the terms and conditions contained in the Warrants are subject to and governed by this Agreement or any other terms and conditions hereafter agreed to by the Company and the Warrant Agent in writing. 

The Warrant Agent shall not, by countersigning any Warrant Certificate or by any other act hereunder, be deemed to make any representations as
to validity or authorization of (i) the Warrants or the Warrant Certificates (except as to its countersignature thereon), (ii) any securities or other property delivered upon exercise of any Warrant, (iii) the accuracy of the computation
of the number or kind or amount of stock or other securities or other property deliverable upon exercise of any Warrant, (iv) the correctness of any of the representations of the Company made in such certificates that the Warrant Agent
receives, or (v) the correctness of any of the representations of the Warrantholder made (or deemed to be made) upon exercise of any Warrant or any Applicable Purchase Right or any calculation by the Warrantholder in connection therewith. The
Warrant Agent 

  
 26 

 
shall not at any time have any duty to calculate or determine whether any facts exist that may require any adjustments pursuant to Section 4 hereof with respect to the
kind and amount of shares or other securities or any property issuable to Warrantholders upon the exercise of Warrants required from time to time. The Warrant Agent shall have no duty, liability or responsibility to determine the accuracy or
correctness of such calculation or with respect to the methods employed in making the same. The Warrant Agent shall not be accountable with respect to the validity or value (or the kind or amount) of any Ordinary Shares or of any securities or
property which may at any time be issued or delivered upon the exercise of any Warrant or upon any adjustment pursuant to Section 4 hereof, and it makes no representation with respect thereto. The Warrant Agent shall not be
responsible for any failure of the Company to make any cash payment or to issue, transfer or deliver any Ordinary Shares or share certificates or other securities or property upon the surrender of any Warrant Certificate for the purpose of exercise
or upon any adjustment pursuant to Section 4 hereof or to comply with any of the covenants of the Company contained in Section 4 hereof. 

The Warrant Agent shall not (x) be liable for any recital or statement of fact contained herein or in the Warrant Certificates or for any
action taken, suffered or omitted by it in the absence of bad faith on the belief that any Warrant Certificate or any other documents or any signatures are genuine or properly authorized, (y) be responsible for any failure on the part of the
Company to comply with any of its covenants and obligations contained in this Agreement or in the Warrant Certificates or (z) be liable for any act or omission under this Agreement except for its own gross negligence, bad faith, fraud or
willful misconduct (each as determined by a court of competent jurisdiction in a final and non-appealable judgment). 

The Warrant Agent is hereby authorized to accept and is protected in accepting instructions with respect to the performance of its duties
hereunder by Company Order and to apply to any director or officer named in such Company Order for instructions (which instructions will be promptly given in writing when requested), and the Warrant Agent shall not be liable for any action taken or
suffered to be taken by it in accordance with the instructions in any Company Order. 
 The Warrant Agent may execute and exercise any of the
rights and powers hereby vested in it or perform any duty hereunder either itself or by or through its attorneys or agents, and the Warrant Agent shall not be answerable or accountable for any act, default, neglect or misconduct of any such attorney
or agent or for any loss to the Company resulting from any such act, default, neglect or misconduct, absent gross negligence, bad faith, fraud or willful misconduct (each as determined by a final
non-appealable judgment of a court of competent jurisdiction) in the selection and continued employment thereof. 

  
 27 

 The Warrant Agent shall not be under any obligation or duty to institute, appear in or
defend any action, suit or legal proceeding in respect hereof, unless first indemnified to its satisfaction, but this provision shall not affect the power of the Warrant Agent to take such action as the Warrant Agent may consider proper, whether
with or without such indemnity. The Warrant Agent shall promptly notify the Company in writing of any claim made or action, suit or proceeding instituted against it arising out of or in connection with this Agreement. The Warrant Agent shall not be
obligated to expend or risk its own funds or to take any action that it believes would expose or subject it to expense or liability or to a risk of incurring expense or liability, unless it has been furnished with assurances of repayment or
indemnity satisfactory to it (it being understood that the indemnification set forth in Section 10.3 is satisfactory to the Warrant Agent for the purposes set forth therein). 

The Company shall perform, execute, acknowledge and deliver or cause to be performed, executed, acknowledged and delivered all such further
acts, instruments and assurances as may reasonably be required by the Warrant Agent in order to enable it to carry out or perform its duties under this Agreement. 

The Warrant Agent shall act solely as agent of the Company hereunder and does not assume any obligation or relationship of agency or trust for
or with any of the Warrantholders or any beneficial owners of Warrants. Notwithstanding anything contained herein to the contrary, the Warrant Agent’s aggregate liability with respect to, arising from or in connection with this Agreement, or
from services provided or omitted to be provided under this Agreement, whether in contract, in tort or otherwise (except for any liability resulting from the Warrant Agent’s gross negligence, bad faith, fraud or willful misconduct (each as
determined by a court of competent jurisdiction in a final and non-appealable judgment)), is limited to, and shall not exceed, the amounts paid hereunder by the Company to the Warrant Agent as fees and
charges, but not including reimbursable expenses, during the twelve (12) months immediately preceding the event for which recovery from the Warrant Agent is being sought. 

The Warrant Agent shall have no responsibility or obligation to any owner of a beneficial interest in a Global Warrant, any Agent Member or
other Person with respect to the accuracy of the records of the Depositary or its nominee or of any participant or member thereof, with respect to any beneficial ownership interest in the Warrants represented by such Global Warrant or with respect
to the delivery to any Agent Member, beneficial owner or other Person (other than the Depositary) of any notice or the payment of any amount, under or with respect to such Warrants. All notices and communications to be given to the Warrantholders
and all payments to be made to Warrantholders under the Warrants shall be given or made only to or upon the order of the Warrantholders (which shall be the Depositary or its nominee in the case of a Global Warrant). Except as set forth herein, the
rights of owners of beneficial interests in any Global Warrant shall be exercised only through the Depositary subject to the applicable rules and procedures of the Depositary. The Warrant Agent may rely and shall be fully protected in relying upon
information furnished by the Depositary with respect to its members, participants and any beneficial owners. 

  
 28 

 10.2. Right to Consult Counsel. The Warrant Agent may at any time consult with legal
counsel satisfactory to it (who may be legal counsel for the Company), and the Warrant Agent shall incur no liability or responsibility to the Company or to any Warrantholder for any action taken, suffered or omitted by it in the absence of bad
faith in accordance with the opinion or advice of such counsel. 
 10.3. Compensation, Reimbursement and Indemnification. The Company
agrees to pay the Warrant Agent from time to time reasonable compensation relating to its services hereunder as set forth in a mutually agreed upon fee schedule and to reimburse the Warrant Agent for reasonable and documented out-of-pocket expenses and disbursements, including reasonable and documented counsel fees incurred in the preparation, delivery, negotiation, amendment, administration and
execution of this Agreement and the exercise and performance of its duties hereunder. The Company further agrees to indemnify the Warrant Agent and its employees, officers and directors, and to hold such Persons harmless against, any and all loss,
liability, damage, judgment, fine, penalty, claim, demand, settlement and reasonable and documented out-of-pocket cost or expense (including, without limitation, the
reasonable and documented fees and expenses of legal counsel) that may be paid, incurred or suffered by any such Person, or to which any such Person may become subject, without gross negligence, bad faith, fraud or willful misconduct on the part of
the Warrant Agent (which gross negligence, bad faith, fraud or willful misconduct must be determined by a final, non-appealable judgment of a court of competent jurisdiction), for any action taken, suffered,
or omitted to be taken by the Warrant Agent in connection with the execution, acceptance, administration, exercise and performance of its duties under this Agreement, including the reasonable and documented out-of-pocket costs and expenses of defending against any claim of liability arising therefrom, directly or indirectly, or enforcing its rights hereunder. The provisions under this Section 10 concerning
the rights and immunities of the Warrant Agent shall survive the expiration of any Warrant and the termination of this Agreement and the resignation, replacement or removal of the Warrant Agent. 

10.4. Warrant Agent May Hold Company Securities. The Warrant Agent and any stockholder, director, officer or employee of the Warrant
Agent may buy, sell or deal in any of the warrants or other securities of the Company or its Affiliates, become pecuniarily interested in transactions in which the Company or its Affiliates may be interested, contract with or lend money to the
Company or its Affiliates or otherwise act as fully and freely as though it were not the Warrant Agent under this Agreement. Nothing herein shall preclude the Warrant Agent from acting in any other capacity for the Company or for any other legal
entity. 
 10.5. Resignation and Removal; Appointment of Successor. 

(a) The Warrant Agent may resign its duties and be discharged from all further duties and liability hereunder (except liability arising as a
result of the Warrant Agent’s own gross negligence, bad faith, fraud or willful misconduct, each as determined by a final, non-appealable judgment of a court of competent jurisdiction) after giving sixty
(60) days’ prior written notice to the Company. In the event the transfer agency relationship in effect between the Company and the Warrant Agent terminates, the Warrant Agent will be deemed to have resigned automatically and be discharged
from its duties under this Agreement as of the effective date of such termination, and the Company shall be responsible for sending any required notice to Warrantholders and owners of any beneficial interest in the Warrants. The Company may

  
 29 

 
remove the Warrant Agent upon ninety (90) days’ written notice, and the Warrant Agent shall thereupon in like manner be discharged from all further duties and liabilities hereunder
(except liability arising as a result of the Warrant Agent’s own gross negligence, bad faith, fraud or willful misconduct, each as determined by a final, non-appealable judgment of a court of competent
jurisdiction). The Warrant Agent shall, at the expense of the Company, cause notice to be given in accordance with Section 11.1(b) to each Warrantholder and owner of a beneficial interest in a Global Warrant of said notice
of resignation or notice of removal, as the case may be. Upon such resignation or removal, the Company shall appoint in writing a new Warrant Agent. If the Company shall fail to make such appointment within a period of thirty (30) days after it
has been notified in writing of such resignation by the resigning Warrant Agent or after such removal, then the Warrant Agent may apply to any court of competent jurisdiction for the appointment of a new Warrant Agent. Any new Warrant Agent, whether
appointed by the Company or by such a court, shall be (i) a bank or trust company, (ii) organized under the laws of the United States of America or one of the states thereof, (iii) authorized under the laws of the jurisdiction of its
organization to exercise corporate trust powers, (iv) having a combined capital and surplus of at least $50,000,000 and (v) having an office in the Borough of Manhattan, the City of New York. The combined capital and surplus of any such
new Warrant Agent shall be deemed to be the combined capital and surplus as set forth in the most recent annual report of its condition published by such Warrant Agent prior to its appointment; provided, however, such reports are
published at least annually pursuant to law or to the requirements of a United States federal, state or other supervising or examining authority. After acceptance in writing of such appointment by the new Warrant Agent, it shall be vested with the
same powers, rights, duties and responsibilities as if it had been originally named herein as the Warrant Agent, without any further assurance, conveyance, act or deed; but if for any reason it shall be reasonably necessary or expedient to execute
and deliver any further assurance, conveyance, act or deed, the same shall be done at the reasonable expense of the Company, without additional liability to the predecessor resigning or removed Warrant Agent, and shall be legally and validly
executed and delivered by the resigning or removed Warrant Agent. Not later than the effective date of any such appointment, the Company shall file notice thereof with the resigning or removed Warrant Agent. Failure to give any notice provided for
in this Section 10.5(a), however, or any defect therein, shall not affect the legality or validity of the resignation of the Warrant Agent or the appointment of a new Warrant Agent as the case may be. 

(b) Any corporation or other legal entity into which the Warrant Agent or any new Warrant Agent may be merged, or any corporation or other
legal entity resulting from any consolidation to which the Warrant Agent or any new Warrant Agent shall be a party, shall be a successor Warrant Agent under this Agreement without any further act, provided that it is open for business on each
Business Day and (i) is organized under the laws of the United States of America or one of the states thereof, (ii) is authorized under the laws of the jurisdiction of its organization to exercise corporate trust or stock transfer powers
and (iii) has a combined capital and surplus of at least $50,000,000. Any such successor Warrant Agent shall promptly cause notice of its succession as Warrant Agent to be given in accordance with Section 11.1(b) to
each Warrantholder and owner of a beneficial interest in a Global Warrant, in the case of the Warrantholders at such Warrantholder’s last address as shown on the Warrant Register. 

11. Notices. 

  
 30 

 11.1. Notices Generally. 

(a) Any request, notice, direction, authorization, consent, waiver, demand or other communication permitted or authorized by this Agreement to
be made upon, given or furnished to or filed with the Company or the Warrant Agent by the other party hereto or by any Warrantholder shall be sufficient for every purpose hereunder if in writing (including electronic mail communication (except to
the Warrant Agent)) and sent via electronic (except to the Warrant Agent), registered or certified mail, or delivered by hand (including by courier service) as follows: 

If to the Company, to it at: 

Noble Corporation 
 13135 Dairy
Ashford Rd., Ste. 800 
 Sugar Land, TX 77478 

Attn: William Turcotte 
 E-mail: wturcotte@noblecorp.com 
 If to the Warrant Agent, to it at: 

Computershare Inc. 
 250 Royall
Street 
 Canton, MA 02021 

Attn: General Counsel 
 or, in
either case, such other address as shall have been set forth in a notice delivered in accordance with this Section 11.1(a). 

All notices and other communications hereunder shall be deemed duly given (i) upon delivery, if served by personal delivery upon the
Person for whom it is intended, (ii) on the third (3rd) Business Day after the date mailed if delivered by registered or certified mail, return receipt requested, postage prepaid, (iii) on the following Business Day if delivered by a
nationally-recognized, overnight, air courier or (iv) when delivered or, if sent after the close of business, on the following Business Day if sent by email, in each case, to the address set forth on such Person’s signature page hereto or
to such other address as may be designated in writing, in the same manner, by such Person. 
 (b) Where this Agreement provides for notice to
Warrantholders of any event or delivery of any information or documents to Warrantholders, such notice or delivery shall be sufficiently given (unless otherwise herein expressly provided) if in writing (including electronic mail communication) and
sent via electronic, registered or certified mail, or delivered by hand (including by courier service), to each Warrantholder affected by such event or entitled to receive such delivery, at the address of such Warrantholder as it appears in the
Warrant Register, not later than the latest date, and not earlier than the earliest date, prescribed for the giving of such notice or the making of such delivery. Where this Agreement provides for notice to the owners of a beneficial interest in a
Global Warrant, such notice shall be distributed through the Depositary in accordance with the procedures of the Depositary. Communications to owners 

  
 31 

 
shall be deemed to be effective at the time of dispatch to the Depositary. Neither the failure to provide any such notice or delivery described in this Section 11.1(b),
nor any defect in any notice or delivery so otherwise provided, to any particular Warrantholder or owner of a beneficial interest in a Global Warrant shall affect the sufficiency of such notice or delivery with respect to other Warrantholders. Such
notice or delivery may be waived in writing by the Person entitled to receive such notice or delivery, either before or after the event, and such waiver shall be the equivalent of such notice or delivery. 

11.2. Required Notices to Warrantholders. In the event the Company shall propose to take any action of the type described in
Section 5.1 then, and in each such case, the Company shall cause to be filed with the Warrant Agent and shall give to each Warrantholder and owner of a beneficial interest in a Global Warrant, in accordance with
Section 11.1(b), a notice of such proposed action. Such notice shall specify the date on which such Fundamental Transaction is expected to become effective. Such notice shall be given at least ten (10) Business Days
prior to the expected effective date thereof. Notwithstanding anything to the contrary herein, and without limitation of Section 4.1(f)(ii), the failure of the Company to file with the Warrant Agent and give to each
Warrantholder and owner of a beneficial interest in a Global Warrant, in accordance with Section 11.1(b), a notice as required pursuant to this Section 11.2 shall not in any way impair or affect
the validity of any action of the Company described in Section 5.1; provided, that the failure of the Company to deliver such notice shall not limit the Company’s obligations thereunder. 

If at any time the Company shall cancel or abandon any of the proposed transactions for which notice has been given under this
Section 11.2 prior to the consummation thereof, the Company shall give each Warrantholder and each owner of a beneficial interest in a Global Warrant notice of such cancellation or abandonment in accordance with
Section 11.1(b) hereof as promptly as practicable. 
 12. Inspection. 

The Warrant Agent shall cause a copy of this Agreement to be available at all reasonable times at the office of the Warrant Agent for
inspection by the Warrantholders and any owner of a beneficial interest in a Global Warrant. The Warrant Agent may require any Warrantholder to submit his, her or its Warrant Certificate(s), if any, for inspection by it. 

13. Amendments. 
 The Company and the
Warrant Agent may, without the consent or concurrence of any of the Warrantholders, by supplemental agreement or otherwise, amend this Agreement for the purpose of making any changes or corrections in this Agreement that (i) are required to
cure any ambiguity or to correct or supplement any defective or inconsistent provision or clerical omission or mistake or manifest error herein contained, (ii) add to the covenants and agreements of the Company in this Agreement further
covenants and agreements of the Company thereafter to be observed, or surrender any rights or powers reserved to or conferred upon the Company in this Agreement or (iii) subject to the second proviso of this

  
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Section 13, are ministerial, administrative or de minimis and would enable the Warrants to be listed on a national or regional securities exchange; provided,
however, that in either case such amendment shall not adversely affect the rights or interests of the Warrantholders (or any Agent Member (on behalf of itself or any owner of a beneficial interest in a Global Warrant)) hereunder in any respect.
This Agreement may otherwise be amended by the Company and the Warrant Agent with the approval of the Required Warrantholders; provided that no such amendment shall materially and adversely affect any Warrantholder or owner of a beneficial
interest in a Global Warrant in a different and disproportionate manner relative to the other Warrantholders and owners of a beneficial interest in a Global Warrant unless such amendment is agreed to in writing by such adversely affected
Warrantholder or owner of a beneficial interest in a Global Warrant. 
 Upon the delivery of a certificate from an Appropriate Officer which
states that the proposed amendment is in compliance with the terms of this Section 13, the Warrant Agent shall join with the Company in the execution and delivery of any such amendment unless such amendment affects the
Warrant Agent’s own rights, duties or immunities hereunder, in which case the Warrant Agent may, but shall not be required to, join in such execution and delivery. No amendment to this Agreement shall be effective unless duly executed by the
Warrant Agent. Upon execution and delivery of any amendment pursuant to this Section 13, such amendment shall be considered a part of this Agreement for all purposes and every Warrantholder of a Warrant theretofore or
thereafter countersigned and delivered hereunder shall be bound thereby. 
 Promptly after the execution by the Company and the Warrant Agent
of any such amendment, the Company shall give notice to the Warrantholders and owners of a beneficial interest in a Global Warrant, providing a copy of such amendment, in accordance with the provisions of Section 11.1(b).
Any failure of the Company to deliver such notice or any defect therein shall not, however, in any way impair or affect the validity of any such amendment. 

14. Waivers. 
 The Company may take any
action herein prohibited, or omit to perform any act herein required to be performed by it, only if (i) the Company has obtained the prior written consent of the Required Warrantholders for such waiver, and (ii) an amendment to this
Agreement is necessary for such waiver, any consent required pursuant to Section 13 has been obtained. 
 15. Equitable
Relief. 
 Each of the Company, the Warrant Agent and the Warrantholders acknowledges that a breach or threatened breach by such party of
any of its obligations under Sections 6, 8.3, 8.4, 8.7, 12, 13, 14, 20, 21 and 23 of this Agreement would give rise to irreparable harm to the
non-breaching party for which monetary damages would not be an adequate remedy and hereby agrees that in the event of a breach 

  
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or a threatened breach by any of them of any such obligations, the non-breaching party shall, in addition to any and all other rights and remedies that may
be available to it in respect of such breach, be entitled to equitable relief, including a restraining order, an injunction, specific performance and any other relief that may be available from a court of competent jurisdiction. 

16. Headings. 
 The section headings
contained in this Agreement are inserted for convenience only and will not affect in any way the meaning or interpretation of this Agreement. 
 17.
Counterparts. 
 This Agreement may be executed in two or more counterparts, each of which will be deemed to be an original, but all
of which together constitute one and the same instrument. Any signature page delivered electronically or by facsimile (including transmission by .pdf, other fixed imaged form or DocuSign or similar program) will be binding to the same extent as an
original signature page. 
 18. Severability. 

The provisions of this Agreement will be deemed severable and the invalidity or unenforceability of any provision hereof will not affect the
validity or enforceability of the other provisions hereof; provided that if any provision of this Agreement, as applied to any party or to any circumstance, is adjudged by a court or governmental body not to be enforceable in accordance with
its terms, the parties agree that the court or governmental body making such determination will have the power to modify the provision in a manner consistent with its objectives such that it is enforceable, and/or to delete specific words or
phrases, and in its reduced form, such provision will then be enforceable and will be enforced; provided, further, that if such excluded provision shall adversely affect the rights, immunities, liabilities, duties or obligations of the
Warrant Agent, the Warrant Agent shall be entitled to resign upon ten (10) days’ prior written notice to the Company. 
 19. Persons
Benefiting. 
 This Agreement shall be binding upon and inure to the benefit of the Company, the Warrantholders and the Warrant Agent,
and their respective successors and assigns. Nothing in this Agreement, express or implied, is intended to confer upon any person other than the Company, the Warrant Agent, the Warrantholders and, to the extent provided herein, the owners of a
beneficial interest in a Global Warrant, any rights or remedies under or by reason of this Agreement or any part hereof; provided that the Non-Recourse Parties are express third-party beneficiaries of
Section 22. Each Warrantholder, by acceptance of a Warrant, agrees to all of the terms and provisions of this Agreement applicable thereto. 

  
 34 

 20. Applicable Law. 

THIS AGREEMENT, EACH WARRANT ISSUED HEREUNDER AND ANY CONTRACTUAL AND NON-CONTRACTUAL RIGHTS AND
OBLIGATIONS OF THE PARTIES HERETO AND THERETO, INCLUDING THE INTERPRETATION, CONSTRUCTION, VALIDITY AND ENFORCEABILITY THEREOF, SHALL BE GOVERNED BY, AND CONSTRUED AND ENFORCED IN ACCORDANCE WITH, THE LAWS OF NEW YORK. Each of the Company, each
Warrantholder and the Warrant Agent agrees that it shall bring any litigation with respect to any claim arising out of or related to this Agreement or any Warrant, exclusively in the courts of the State of New York located in New York County and of
the U.S. federal courts located in the Southern District of New York (together with the appellate courts thereof, the “Chosen Courts”). In connection with any claim arising out of or related to this Agreement or any Warrant, each of
the Company, each Warrantholder and the Warrant Agent hereby irrevocably and unconditionally (i) submits to the exclusive jurisdiction of the Chosen Courts, (ii) waives any objection that such Person may now or hereafter have to the laying
of venue of any action or proceeding arising out of or relating to this Agreement or any Warrant in the Chosen Courts, (iii) waives any objection that the Chosen Courts are an inconvenient forum or as not having jurisdiction over either the
Company, the Warrantholder or the Warrant Agent, (iv) agrees that service of process in any such action or proceeding shall be effective if notice is given in accordance with this Agreement, although nothing contained in this Agreement shall
affect the right to serve process in any other manner permitted by law, and (v) agrees not to seek a transfer of venue on the basis that another forum is more convenient. Notwithstanding anything herein to the contrary, (x) nothing in this
Section 20 shall prohibit any Person from seeking or obtaining orders for conservatory or interim relief from any court of competent jurisdiction and (y) each of the Company, each Warrantholder and the Warrant Agent
agrees that any judgment issued by a Chosen Court may be recognized, recorded, registered or enforced in any jurisdiction in the world and waives any and all objections or defenses to the recognition, recording, registration or enforcement of such
judgment in any such jurisdiction. 
 21. Waiver of Certain Damages. To the extent permitted by applicable law, each of the Company, each
Warrantholder and the Warrant Agent agrees not to assert, and hereby waives, any claim against any other party, on any theory of liability, for special, indirect, consequential or punitive damages (as opposed to direct or actual damages) arising out
of, in connection with, or as a result of, this Agreement, any Warrant or any of the transactions contemplated hereby, even if that party has been advised of or has foreseen the possibility of such damages; provided, that, for the avoidance of
doubt, the Warrant Taxes, Relief (as defined in the Indemnification Agreements), costs and expenses subject to indemnification under the Indemnification Agreements constitute direct or actual damages for purposes of this
Section 21. 

  
 35 

 22. No Recourse. Notwithstanding anything express or implied in this Agreement, each Warrantholder
and the Warrant Agent covenants, agrees and acknowledges that no recourse under this Agreement or any documents or instruments delivered in connection with this Agreement shall be had against any of the former, current or future direct or indirect
equityholders, unitholders, directors, officers, employees, agents, Affiliates, members, financing sources, managers, general or limited partners or assignees, in each case, of the Company or any of its subsidiaries (collectively, but not including
the Company itself or any of its subsidiaries, the “Non-Recourse Parties”), whether by the enforcement of any assessment or by any legal or equitable proceeding, or by virtue of any applicable
law, it being expressly agreed and acknowledged that no personal liability whatsoever shall attach to, be imposed on or otherwise be incurred by any of the Non-Recourse Parties, as such, for any obligation or
liability of the Company under this Agreement or any documents or instruments delivered in connection herewith for any claim based on, in respect of or by reason of such obligations or liabilities or their creation; provided, however,
that nothing in this Section 22 shall relieve or otherwise limit the liability of (i) any of the Non-Recourse Parties or the Company in the case of fraud or (ii) the Company for any breach or
violation of its obligations under this Agreement or such agreements, documents or instruments. 
 23. Confidentiality. The Warrant Agent and the
Company agree that the fee schedule contemplated by Section 10.3, the Warrant Register, the number of Warrants held by each Warrantholder and other personal, non-public information of
each Warrantholder which may be exchanged or received pursuant to the negotiation or carrying out of this Agreement shall remain strictly confidential and shall not be disclosed to any other Person, except as may be required by applicable law or
regulation, including pursuant to subpoenas from applicable government authorities, or pursuant to the requirements of the Securities and Exchange Commission. However, (i) each party may disclose relevant aspects of any such confidential
information to its officers, affiliates, agents, subcontractors and employees to the extent reasonably necessary to perform its duties and obligations under this Agreement and such disclosure is not prohibited by applicable law; provided that
the disclosing party shall inform such other Persons of the confidential nature of such information and be responsible for any breach of this Section 23 by any such other Person, and (ii) notwithstanding anything
herein to the contrary, the Company shall be entitled to disclose to the Initial Warrantholders any fees, costs, expenses or other amount payable hereunder by the Company in connection with any claim for reimbursement or indemnification under any
Indemnification Agreement. 
 24. Entire Agreement. This Agreement (including the Exhibits hereto) constitutes the entire agreement among the parties
hereto with respect to the subject matter hereof and supersedes all prior agreements and understandings, both written and oral, among the parties hereto with respect to the subject matter hereof; provided, that the foregoing shall not limit
any rights of the Company, or obligations of any Warrantholder (if applicable), under the Indemnification Agreements or the Exchange Agreement. 

[Signature page follows.] 
  

  
 36 

 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly executed and
delivered as of the day and year first above written. 
  

			
	NOBLE CORPORATION

 
			
		
	By:	 	 /s/ Richard B. Barker

		 	Name: Richard B. Barker
		 	Title: Senior Vice President, Chief Financial Officer

[Signature Page to Ordinary Share Purchase Warrant Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly executed and
delivered as of the day and year first above written. 
  

			
	COMPUTERSHARE INC.
	COMPUTERSHARE TRUST COMPANY, N.A., as Warrant Agent
		
	By:	 	 /s/ Collin Ekeogu

		 	Name: Collin Ekeogu
		 	Title:   Manager, Corporate Actions

 [Signature Page to Ordinary Share Purchase Warrant Agreement] 

 Exhibit A 

LEGEND 
 THIS SECURITY HAS BEEN ACQUIRED
FOR INVESTMENT AND WITHOUT A VIEW TO DISTRIBUTION AND HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933 (THE “ACT”), OR UNDER STATE SECURITIES LAWS. NO TRANSFER, SALE, ASSIGNMENT, PLEDGE, HYPOTHECATION OR OTHER DISPOSITION OF THIS
SECURITY OR ANY INTEREST OR PARTICIPATION THEREIN MAY BE MADE EXCEPT (A) PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE ACT OR (B) PURSUANT TO AN EXEMPTION FROM REGISTRATION UNDER THE ACT AND APPLICABLE STATE SECURITIES LAWS
AND, IN THE CASE OF CLAUSE (B), UNLESS NOBLE CORPORATION RECEIVES (OR WAIVES THE REQUIREMENT TO RECEIVE) AN OPINION OF COUNSEL IN FORM AND SUBSTANCE SATISFACTORY TO THE NOBLE CORPORATION TO THE EFFECT THAT REGISTRATION IS NOT REQUIRED UNDER THE ACT
AND APPLICABLE STATE SECURITIES LAWS. 

 Exhibit B 

Form of Warrant Certificate 

 [GLOBAL][DEFINITIVE] 

WARRANT CERTIFICATE 
  

 
 NOBLE CORPORATION 

[Global Warrant Certificate Legend]1 

UNLESS THIS GLOBAL WARRANT IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION
(“DTC”), NEW YORK, NEW YORK, TO NOBLE CORPORATION OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY WARRANT CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR SUCH OTHER NAME AS IS REQUESTED BY AN
AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS
WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN. 
 TRANSFERS OF THIS GLOBAL WARRANT
SHALL BE LIMITED TO TRANSFERS IN WHOLE, BUT NOT IN PART, TO NOMINEES OF DTC OR TO A SUCCESSOR THEREOF OR SUCH SUCCESSOR’S NOMINEE AND TRANSFERS OF PORTIONS OF THIS GLOBAL WARRANT SHALL BE LIMITED TO TRANSFERS MADE IN ACCORDANCE WITH THE
RESTRICTIONS SET FORTH IN THE WARRANT AGREEMENT REFERRED TO ON THE REVERSE HEREOF. 
  

	1 	 Include for Global Warrant 

 No. W-______ 

[_____________ Ordinary Share Purchase Warrants]2 

WARRANTS TO SUBSCRIBE FOR ORDINARY SHARES 

This certifies that [Cede & Co.]3 ______________________________________,4 or its registered assigns (the “Warrantholder”), is the owner of the number of Ordinary Share Purchase Warrants [set forth on Annex A hereto]5 [set forth above]6, each of which represents the right to subscribe for, commencing on February 5, 2021 from Noble Corporation, a Cayman
Islands exempted company (the “Company”), one Ordinary Share (subject to adjustment as provided in the Warrant Agreement (as defined below)) at the price (the “Exercise Price”) of $____________ per one Ordinary
Share by following the procedures set forth in Section 3 of the Warrant Agreement. This Warrant Certificate may be exercised as to all or any whole number of the Warrants evidenced hereby. 

Each outstanding Warrant may be exercised on any Business Day until the Close of Business on the Expiration Date. Any Warrants not exercised
by the Close of Business on the Expiration Date shall expire and all rights thereunder and all rights in respect thereof under this Warrant Certificate and the Warrant Agreement shall automatically terminate at such time. 

This Warrant Certificate is issued under and in accordance with an Ordinary Share Purchase Warrant Agreement dated as of February 5, 2021
(as amended or modified from time to time, the “Warrant Agreement”), by and between the Company and Computershare Inc. and Computershare Trust Company, N.A., as warrant agent (the “Warrant Agent”), and is subject to
the terms and provisions contained therein, all of which terms and provisions the Warrantholder of this Warrant Certificate consents to by acceptance hereof. The Warrant Agreement is hereby incorporated herein by reference and made a part hereof.
Reference is hereby made to the Warrant Agreement for a full description of the rights, limitations of rights, obligations, duties and immunities thereunder of the Company, the Warrant Agent and the Warrantholder. The summary of the terms of the
Warrant Agreement contained in this Warrant Certificate is qualified in its entirety by express reference to the Warrant Agreement. All capitalized terms used in this Warrant Certificate that are defined in the Warrant Agreement shall have the
meanings assigned to them in the Warrant Agreement. 
 Copies of the Warrant Agreement are on file at the office of the Company and may be
obtained by writing to the Company at the following address: 
 Noble Corporation 

13135 Dairy Ashford Rd., Ste. 800 
  

 
  
  

 
  

	2 	 Include for Definitive Warrant 

	3 	 Include for Global Warrant 

	4 	 Include for Definitive Warrant 

	5 	 Include for Global Warrant 

	6 	 Include for Definitive Warrant 

 Sugar Land, TX 77478 

The Exercise Price and the number of Ordinary Shares obtainable upon the exercise of each Warrant is subject to adjustment as provided in the
Warrant Agreement. 
 This Warrant Certificate and all rights hereunder are transferable by the registered Warrantholder only in accordance
with the Warrant Agreement. Upon any partial transfer, the Company will execute, and the Warrant Agent will countersign and deliver to such Warrantholder, a new Warrant Certificate with respect to any portion not so transferred. Each Warrantholder
and each holder of Ordinary Shares issued upon exercise of a Warrant agrees to be bound by the terms and conditions of this Warrant and the Warrant Agreement. 

This Warrant Certificate may be exchanged, in accordance with the terms of the Warrant Agreement, at the Corporate Agency Office of the
Warrant Agent, for Warrant Certificates representing the same aggregate number of Warrants, with each new Warrant Certificate to represent such number of Warrants as the Warrantholder hereof shall designate at the time of such exchange. 

This Warrant Certificate shall be void and all rights evidenced hereby shall cease on the Expiration Date. 

 

			
	 NOBLE CORPORATION

			
		
	By:	 	  

		 	Name:
		 	Title:

 
			
		
	Dated:	 	  

 Countersigned: 

COMPUTERSHARE INC. 
 COMPUTERSHARE TRUST COMPANY, N.A., as
Warrant Agent 
  

			
	By:	 	  

		 	Name:
		 	Title:

			
		
	Dated:	 	  

 ANNEX A 

[Annex A to Global Warrant Certificate]7 

The initial number of Warrants represented by this Global Warrant Certificate is [________]. 

The following decreases in the number of Warrants represented by this Global Warrant Certificate have been made as a result of the exercise,
cancellation, exchange or redemption of certain Warrants represented by this Global Warrant Certificate: 
  

							
	 Date of Exercise/

Cancellation/
 Exchange/

Redemption

of Warrants
	 	 Number of

Warrants Exercised/

Cancelled/

Exchanged/

Redeemed
	 	 Total Number of

Warrants Represented
 Hereby
Following Such
 Exercise/

Cancellation/

Exchange/

Redemption
	  	 Notation Made

by Warrant

Agent/Custodian

	  
	 	  
	 	  
	  	  

	  
	 	  
	 	  
	  	  

	  
	 	  
	 	  
	  	  

	  
	 	  
	 	  
	  	  

	  
	 	  
	 	  
	  	  

	  
	 	  
	 	  
	  	  

	  
	 	  
	 	  
	  	  

	  
	 	  
	 	  
	  	  

	  
	 	  
	 	  
	  	  

	  
	 	  
	 	  
	  	  

	  
	 	  
	 	  
	  	  

	  
	 	  
	 	  
	  	  

	  
	 	  
	 	  
	  	  

	  
	 	  
	 	  
	  	  

	  
	 	  
	 	  
	  	  

	  
	 	  
	 	  
	  	  

	  
	 	  
	 	  
	  	  

	  
	 	  
	 	  
	  	  

	  
	 	  
	 	  
	  	  

	  
	 	  
	 	  
	  	  

  

 

	7 	 Include for Global Warrant. 

 FORM OF ASSIGNMENT 

FOR VALUE RECEIVED, the undersigned hereby sells, assigns and transfers all of the rights, title and interest of the undersigned under the
attached Warrant (Certificate No. W-    ), with respect to the number of Warrants of Noble Corporation, a Cayman Islands exempted company, covered thereby set forth below, unto the
assignee set forth below (the “Assignee”) with respect to the number of Warrants set forth below (including the undersigned with respect to any Warrants constituting a part of the Warrants evidenced by such Warrant Certificate not
being assigned hereby) and does irrevocably constitute and appoint [___________], the undersigned’s attorney, to make such transfer on the books of the Company maintained for the purpose, with full power of substitution in the premises: 

 

					
	 Names of Assignee
	  	 Address
	  	 No. of Warrants

 

			
	[NAME OF HOLDER]

 
			
		
	By:	 	  

	Name:	 	
	Title:	 	

  

			
		
	Signature Guaranteed By:8	 	  

 The Assignee confirms hereby having been duly informed of the rights, limitations of rights,
obligations, duties and immunities under the Warrant Agreement of the Company, the Warrant Agent and the Warrantholders. 
 By
countersigning the present form, the Assignee declares that he/it consents to any and all of the terms and conditions as stated in the Warrant Agreement, on which (s)he/it will rely as if the undersigned was a party thereto. 

 
  

	8 	 The holder’s signature must be accompanied by a signature guarantee from an eligible guarantor institution
participating in an approved signature guarantee program pursuant to Rule 17Ad-15 of the Exchange Act. 

 
			
	[NAME OF ASSIGNEE]

 
			
		
	By:	 	  

	Name:	 	
	Title:	 	

 Exhibit C 

Exercise Notice 

 EXERCISE NOTICE 

(To be executed upon exercise of Warrants) 
 NOTE:
THIS NOTICE OF EXERCISE MUST BE DELIVERED TO THE WARRANT AGENT, PRIOR TO 5:00 P.M., EASTERN TIME, ON THE EXPIRATION DATE SET FORTH IN THE WARRANT AGREEMENT. 

The undersigned Warrantholder, being the holder of Warrants of Noble Corporation, a Cayman Islands exempted company (the “Company”),
issued pursuant to that certain Ordinary Share Purchase Warrant Agreement, as dated February 5, 2021 (the “Warrant Agreement”), by and between the Company and Computershare Inc. and Computershare Trust Company, N.A., as warrant
agent (the “Warrant Agent”), hereby irrevocably (i) elects to exercise the number of Warrants indicated below, to acquire the number of Ordinary Shares indicated below, and (ii) unless the Company has previously granted
the undersigned Warrantholder a written waiver of the application of the limitations in Section 3.3(a) of the Warrant Agreement that remains in effect, represents and warrants to the Warrant Agent and the Company that
either (x) the undersigned has waived the application of the limitations in Section 3.3(a) of the Warrant Agreement pursuant to Section 3.3(a)(i) of the Warrant Agreement, and such waiver has
become effective in accordance with the terms of the Warrant Agreement, or (y) such exercise of the number of Warrants indicated below is not in excess of the limitation contained in Section 3.3(a) of the Warrant
Agreement. All capitalized terms used in this Exercise Notice that are not defined herein but are defined in the Warrant Agreement shall have the meanings given to them in the Warrant Agreement. 

Number of Warrants:                     

Number of Warrants Exercised:                     

 (Total number of Warrants being exercised – may be expressed as a percentage) 

Method of Exercise: 
 ☐
Check Box for All Cash Exercise. The undersigned shall pay the applicable Aggregate Exercise Price in the sum of $___________________ in accordance with the terms of the Warrant Agreement. 

☐ Check Box for All Cashless Exercise. Upon confirmation by the Company of the number of Ordinary Shares to be issued, the undersigned
hereby instructs the Company to withhold a number of Ordinary Shares issuable upon exercise of the Warrants being exercised with an aggregate Fair Market Value as of the Exercise Date equal to the Aggregate Exercise Price in accordance with the
terms of the Warrant Agreement. 
 The undersigned requests that the Ordinary Shares be issued by the Company in the name of the undersigned Warrantholder as
indicated below: 
  

							
	Name	 	  
	 		 	Social Security or Other Taxpayer
	Identification Number	 		 	 
				
	Address	 	  
	 		 	
		 	  
	 		 	

 If the Warrants are represented by a Warrant Certificate and said number of Ordinary Shares shall not be all
the Ordinary Shares issuable upon exercise of the Warrants represented by said Warrant Certificate, the undersigned requests that a new Warrant Certificate representing the balance of such Warrants shall be issued in the name of the undersigned
Warrantholder as indicated below: 

									
	Name	 	  
	 		 	Social Security or Other Taxpayer
	Identification Number	 		 	 
					
	Address	 	  
	 		 		 	
		 	  
	 		 		 	
				
	
Dated:                    , 20__
	 		 	Signature:	 	  

		 		 		 		 	
		 	Name:EX-10.6

 Exhibit 10.6 

Certain identified information has been excluded from the exhibit because it is both not material and would likely cause competitive harm to the
registrant if publicly disclosed. 
 NOBLE CORPORATION 

REGISTRATION RIGHTS AGREEMENT 

This REGISTRATION RIGHTS AGREEMENT (including all exhibits hereto and as may be amended, supplemented or amended and restated from time to
time in accordance with the terms hereof, this “Agreement”) is made and entered into as of February 5, 2021 by and among Noble Corporation, an exempted company incorporated in the Cayman Islands with limited liability (the
“Company”), and the Holders (as defined below) of Company Ordinary Shares and Warrants (each as defined below) listed on Schedule I hereto. The Company and the Holders are referred to herein collectively as the
“Parties” and each, individually, a “Party.” Capitalized terms used herein have the meanings set forth in Section 1. 

WITNESSETH: 
 WHEREAS, the
Company and certain of its affiliates (collectively, the “Debtors”) filed chapter 11 cases on July 31, 2020, and September 24, 2020 (collectively, the “Chapter 11 Cases”), under title 11 of the United
States Code, 11 U.S.C. §§ 101-1532 (the “Bankruptcy Code”) in the United States Bankruptcy Court for the Southern District of Texas (the “Bankruptcy Court”);

 WHEREAS, on October 12, 2020, the Debtors and the Backstop Parties (as defined below) entered into that certain Backstop Commitment
Agreement (as may be amended, the “Backstop Commitment Agreement”), pursuant to which the Company agreed, subject to the terms and conditions therein and in the Plan (as defined below), to, among other things, (i) issue and
sell Company Ordinary Shares to the Backstop Parties on the Effective Date (as defined below), and (ii) register the resale of such Company Ordinary Shares under the Securities Act (as defined below); 

WHEREAS, in connection with the Chapter 11 Cases, the Debtors filed the Modified Second Amended Joint Plan of Reorganization of Noble
Corporation plc (n/k/a Noble Holding Corporation plc) and Its Debtor Affiliates on November 18, 2020 (the “Plan”), which was confirmed by the Bankruptcy Court on November 20, 2020; 

WHEREAS, pursuant to the Plan and the Confirmation Order (as defined below), on or as soon as practicable after the Effective Date, the
Company will issue or cause to be issued to holders of claims against the Debtors, including the Holders, (i) Company Ordinary Shares and (ii) Warrants; and 

WHEREAS, the Holders and the Company desire to enter into this Agreement to provide the Holders with certain rights relating to the
registration of the resale of certain Registrable Securities (as defined below). 
 NOW, THEREFORE, in consideration of the premises and the
mutual covenants and agreements set forth herein and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged by each Party, and intending to be legally bound, the Parties agree as follows: 

 1. Definitions. As used in this Agreement, the following terms shall have the respective
meanings set forth in this Section 1: 
 “10-K Reference Date” means the date that
is the earlier of (i) fifteen (15) days after the Company files an Annual Report on Form 10-K for the year ended December 31, 2020 with the Securities and Exchange Commission and
(ii) April 15, 2021. 
 “Affiliate” means, with respect to any Person, any other Person directly or indirectly
controlling, controlled by, or under common control with, such Person as of the date on which, or at any time during the period for which, the determination of affiliation is being made (including any Affiliated Funds of such Person);
provided, that for purposes of this Agreement, no Backstop Party shall be deemed an Affiliate of the Company or any of the other Debtors. For purposes of this definition, the term “control” (including the correlative meanings of the
terms “controlled by” and “under common control with”), as used with respect to any Person, means the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of such
Person, whether through the ownership of voting securities, by Contract, or otherwise. 
 “Affiliated Fund” means, with
respect to any Person, (a) any investment funds, managed accounts or other entities who are advised by such Person or the same investment advisor or manager or by investment advisors which are Affiliates of such Person or (b) any
investment advisor with respect to an investment fund, managed account or entity it advises. 
 “Agreement” has the meaning
set forth in the preamble. 
 “Automatic Shelf Registration Statement” means an “automatic shelf registration
statement” as defined in Rule 405. 
 “Backstop Commitment Agreement” has the meaning set forth in the Recitals. 

“Backstop Parties” has the meaning set forth in the Backstop Commitment Agreement. 

“Backstop Premium Shares” means the Company Ordinary Shares issued as Backstop Premiums (as defined in the Backstop
Commitment Agreement). 
 “Bankruptcy Court” has the meaning set forth in the Recitals. 

“beneficially owned”, “beneficial ownership” and similar phrases have the same meanings as such terms have
under Rule 13d-3 (or any successor rule then in effect) promulgated under the Exchange Act, except that in calculating the beneficial ownership of any Holder, such Holder shall be deemed to have beneficial
ownership of all securities that such Holder has the right to acquire, whether such right is currently exercisable or is exercisable upon the occurrence of a subsequent event or passage of time. 

“Board of Directors” means the board of directors or any committee thereof (or any comparable successor governing body) of
the Company. 
 “Bought Deal” has the meaning set forth in Section 2(a)(v). 

  
 - 2 - 

 “Business Day” means any day that is not a Saturday, a Sunday or other day
on which banks are required or authorized by law to be closed in New York, New York. 
 “Capital Stock” means with respect
to a corporation, any and all shares, interests or equivalents of capital stock of such corporation (whether voting or nonvoting and whether common or preferred) and any and all options, warrants and other securities that at such time are
convertible into, or exchangeable or exercisable for, any such shares, interests or equivalents (including, without limitation, any note or debt security convertible into or exchangeable for Company Ordinary Shares). 

“Chapter 11 Cases” has the meaning set forth in the Recitals. 

“Commission” means the Securities and Exchange Commission or any other federal agency then administering the Securities Act
or Exchange Act. 
 “Company” has the meaning set forth in the Preamble. 

“Company Ordinary Shares” means the ordinary shares, each with a nominal value of $0.00001 per share, of the Company. 

“Confirmation Order” has the meaning set forth in the Backstop Commitment Agreement. 

“Covered Notice” has the meaning set forth in Section 3(x). 

“Debtors” has the meaning set forth in the Recitals. 

“Demand Notice” has the meaning set forth in Section 2(b)(i). 

“Demand Registration” has the meaning set forth in Section 2(b)(i). 

“Demand Registration Statement” has the meaning set forth in Section 2(b)(i). 

“Demand Request” has the meaning set forth in Section 2(b)(i). 

“Due Diligence Information” has the meaning set forth in Section 3(p). 

“Effective Date” has the meaning set forth in the Backstop Commitment Agreement. 

“Effectiveness Period” has the meaning set forth in Section 2(b)(iii). 

“End of Suspension Notice” has the meaning set forth in Section 2(e). 

“Equity Securities” has the meaning set forth in Section 5(b). 

“Exchange Act” means the Securities Exchange Act of 1934, as amended, and the rules and regulations promulgated thereunder.

 “FINRA” means the Financial Industry Regulatory Authority or any successor regulatory authority agency. 

  
 - 3 - 

 “Form S-1 Shelf” has the meaning
set forth in Section 2(a)(i). 
 “Form S-3 Shelf” has the
meaning set forth in Section 2(a)(i). 
 “Free Writing Prospectus” means any “free writing
prospectus” as defined in Rule 405. 
 “Holdback Period” has the meaning set forth in
Section 5(b). 
 “Holdback Shares” has the meaning set forth in the Backstop Commitment
Agreement. 
 “Holder” and “Holder of Registrable Securities” means each Person that is party to this
Agreement on the date hereof and any Person who hereafter becomes a party to this Agreement pursuant to Section 7(g) of this Agreement. A Person shall cease to be a Holder hereunder at such time as it ceases to beneficially
own any Registrable Securities. 
 “Holder Indemnified Persons” has the meaning set forth in
Section 6(a). 
 “Holders of a Majority of Included Registrable Securities” means Holders of a
majority of the Registrable Securities included in a Demand Registration or an Underwritten Shelf Takedown, as applicable. For the avoidance of doubt, only Registrable Securities held by Persons who are party to this Agreement as of the date hereof
or who thereafter execute a joinder in accordance with Section 7(g) shall be considered in calculating a majority of the Registrable Securities. 

“Holders of a Majority of Registrable Securities” means Holders of a majority of the Registrable Securities. For the
avoidance of doubt, only Registrable Securities held by Persons who are party to this Agreement as of the date hereof or who thereafter execute a joinder in accordance with Section 7(g) shall be considered in calculating a
majority of the Registrable Securities. 
 “Included Registrable Securities” means the Registrable Securities included in a
Demand Registration or an Underwritten Shelf Takedown, as applicable. 
 “Indemnified Persons” has the meaning set forth in
Section 6(b). 
 “indemnifying party” has the meaning set forth in
Section 6(c). 
 “Issuer Free Writing Prospectus” means an “issuer free writing
prospectus”, as defined in Rule 433, relating to an offer of the Registrable Securities. 

“Lock-Up Agreement” has the meaning set forth in
Section 5(a). 
 “Losses” has the meaning set forth in Section 6(a).

 “Maximum Offering Size” has the meaning set forth in Section 2(a)(vi). 

“National Securities Exchange” means the New York Stock Exchange or other national securities exchange acceptable to Holders
of a Majority of Registrable Securities. 
 “Opt-Out Election” has the meaning set
forth in Section 3(x). 

  
 - 4 - 

 “Other Registrable Securities” means (a) Company Ordinary Shares
(including Company Ordinary Shares beneficially owned as a result of, or issuable upon, the conversion, exercise or exchange of any other Capital Stock), (b) any securities issued or issuable with respect to, on account of or in exchange for Company
Ordinary Shares, whether by stock split, stock dividend, recapitalization, merger, consolidation or other reorganization, charter amendment or otherwise, (c) any options, warrants or other rights to acquire Company Ordinary Shares, and
(d) any securities received as a dividend or distribution in respect of any of the securities described in clauses (a) and (b) above, in each case beneficially owned by any other Person who has rights to participate in the applicable
offering of securities by the Company pursuant to a registration rights agreement or other similar arrangement (other than this Agreement) with the Company relating to the Company Ordinary Shares; provided that in the case of an Underwritten
Shelf Takedown or an Underwritten Demand, Other Registrable Securities shall be limited to the securities of the class and series being offered in such Underwritten Shelf Takedown or Demand Registration. 

“Parties” and “Party” have the meanings set forth in the Preamble. 

“PDF” means portable document format (.pdf). 

“Person” means any individual, partnership, corporation, company, association, trust, joint venture, limited liability
company, unincorporated organization, any government or governmental department or agency (or political subdivision thereof), or other entity of any kind, and shall include any successor (by merger or otherwise) of any such entity. 

“Piggyback Eligible Holders” has the meaning set forth in Section 2(c)(i). 

“Piggyback Notice” has the meaning set forth in Section 2(c)(i). 

“Piggyback Offering” has the meaning set forth in Section 2(c)(i). 

“Piggyback Registration” has the meaning set forth in Section 2(c)(i). 

“Piggyback Request” has the meaning set forth in Section 2(c)(i). 

“Plan” has the meaning set forth in the Recitals. 

“Proceeding” means any action, claim, suit, proceeding or investigation (including a preliminary investigation or partial
proceeding, such as a deposition) pending or known to the Company to be threatened. 
 “Prospectus” means the prospectus or
prospectuses included in any Registration Statement (including, without limitation, a prospectus that includes any information previously omitted from a prospectus filed as part of an effective Registration Statement in reliance upon Rule 430A
promulgated under the Securities Act), all amendments and supplements to the prospectus, including post-effective amendments, and all material incorporated by reference or deemed to be incorporated by reference in such prospectus or prospectuses.

  
 - 5 - 

 “Public Offering” means any sale or distribution to the public of Capital
Stock of the Company pursuant to an offering registered under the Securities Act, whether by the Company, by Holders and/or by any other holders of the Company’s Capital Stock. 

“Qualified Holder” means, on any date, one or more Backstop Parties who, together with their Affiliates, beneficially own in
the aggregate at least 10% of the Company Ordinary Shares constituting those Registrable Securities issued on the date hereof. 

“Questionnaire” has the meaning set forth in Section 2(a)(ii). 

“Registrable Securities” means (a) the Company Ordinary Shares issued or issuable to the Holders pursuant to the
Backstop Commitment Agreement, including the Holdback Shares, Unsubscribed Shares and Backstop Premium Shares (including Warrant Shares issuable upon exercise of Warrants issued in lieu of (x) such Company Ordinary Shares or (y) any other
Company Ordinary Shares, to the extent such Warrant Shares issued or issuable to the Holders are not otherwise freely transferable), (b) Company Ordinary Shares received by Holders pursuant to the Plan or the Rights Offering or otherwise acquired
(including, for the avoidance of doubt, in open market or other purchases) or held by (or deemed to be held by) Holders, in each case, that are on the date hereof or subsequently become Affiliates of the Company as well as Company Ordinary Shares
held by Affiliates of such Holders, (c) Warrant Shares issuable upon the exercise of Warrants received pursuant to the Plan or otherwise acquired or held by (or deemed to be held by) Holders that are on the date hereof or subsequently become
Affiliates of the Company and (d) any securities issued or issuable with respect to, on account of or in exchange for the securities referred to in clause (a), clause (b) or clause (c), whether by way of split, dividend, distribution,
combination, recapitalization, merger, consolidation or other reorganization, charter amendment or otherwise (it being understood that, for purposes of this Agreement, a Person shall be deemed to be a Holder of Registrable Securities whenever such
Person has the right to then acquire or obtain from the Company any Registrable Securities, whether or not such acquisition has actually been effected), in each case that are beneficially owned on or after the date hereof by the Holders and their
Affiliates or any transferee or assignee of any Holder or its Affiliates after giving effect to a transfer made in compliance with Section 7(g), all of which securities are subject to the rights provided herein until such
rights terminate pursuant to the provisions of this Agreement; provided that any securities issued pursuant to Section 1145 of the Bankruptcy Code shall not be considered “Registrable Securities” for the purposes of this
Agreement, unless such securities are held by (or deemed to be held by) Affiliates of the Company, as reasonably determined by a Holder under applicable securities laws, in which case they shall be considered “Registrable Securities” for
the purposes of this Agreement. As to any particular Registrable Securities, such securities shall cease to be Registrable Securities when (i) a Registration Statement registering such Registrable Securities under the Securities Act has been
declared effective and such Registrable Securities have been sold, transferred or otherwise disposed of by the Holder thereof pursuant to such effective Registration Statement, (ii) such Registrable Securities are sold, transferred or otherwise
disposed of pursuant to Rule 144 and such Registrable Securities are thereafter freely transferable by such recipient (without limitations on volume) without registration under the Securities Act, (iii) such Registrable Securities cease to be
outstanding, or (iv) such Registrable Securities are eligible for sale pursuant to Rule 144 without volume or manner-of-sale restrictions and without the
requirement for the Company to be in compliance with the current public information requirement under Rule 144(c)(1). 

  
 - 6 - 

 “Registration Expenses” has the meaning set forth in
Section 4. 
 “Registration Statement” means any registration statement of the Company filed with
or to be filed with the Commission under the Securities Act and other applicable law, including an Automatic Shelf Registration Statement, and including any Prospectus, amendments and supplements to each such registration statement or Prospectus,
including pre- and post-effective amendments, all exhibits thereto, and all material incorporated by reference or deemed to be incorporated by reference in such registration statement. 

“Related Party” has the meaning set forth in Section 7(q). 

“Representatives” means, with respect to any Person, such Person’s directors, officers, members, partners, limited
partners, general partners, shareholders, subsidiaries, managed accounts or funds, managers, management company, investment manager, affiliates, principals, employees, agents, investment bankers, attorneys, accountants, advisors, consultants, fund
advisors, financial advisor and other professionals of such Person, in each case, in such capacity, serving on or after the date of this Agreement. 

“Rights Offering” has the meaning set forth in the Backstop Commitment Agreement. 

“road show” has the meaning set forth in Section 6(a). 

“Rule 144” means Rule 144 promulgated by the Commission pursuant to the Securities Act, or any similar rule or regulation
hereafter adopted by the Commission having substantially the same effect as such Rule. 
 “Rule 158” means Rule 158
promulgated by the Commission pursuant to the Securities Act, or any similar rule or regulation hereafter adopted by the Commission having substantially the same effect as such Rule. 

“Rule 405” means Rule 405 promulgated by the Commission pursuant to the Securities Act, or any similar rule or regulation
hereafter adopted by the Commission having substantially the same effect as such Rule. 
 “Rule 415” means Rule 415
promulgated by the Commission pursuant to the Securities Act, or any similar rule or regulation hereafter adopted by the Commission having substantially the same effect as such Rule. 

“Rule 424” means Rule 424 promulgated by the Commission pursuant to the Securities Act, or any similar rule or regulation
hereafter adopted by the Commission having substantially the same effect as such Rule. 
 “Rule 433” means Rule 433
promulgated by the Commission pursuant to the Securities Act, or any similar rule or regulation hereafter adopted by the Commission having substantially the same effect as such Rule. 

“Securities Act” means the Securities Act of 1933, as amended, and the rules and regulations promulgated thereunder. 

  
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 “Selling Expenses” means all underwriting fees, discounts, brokerage fees,
selling commissions and stock transfer taxes applicable to the sale of Registrable Securities and related legal and other fees (including, without limitation, fees and disbursements of counsel) of a Holder, other than those listed in the definition
of Registration Expenses. 
 “Shelf Period” has the meaning set forth in Section 2(a)(i). 

“Shelf Registrable Securities” has the meaning set forth in Section 2(a)(v). 

“Shelf Registration” means the registration of an offering of Registrable Securities on a Form
S-1 Shelf or a Form S-3 Shelf (or the then appropriate form), as applicable, on a delayed or continuous basis under Rule 415, pursuant to
Section 2(a)(i). 
 “Shelf Registration Statement” has the meaning set forth in
Section 2(a)(i). 
 “Shelf Takedown Notice” has the meaning set forth in
Section 2(a)(v). 
 “Shelf Takedown Request” has the meaning set forth in
Section 2(a)(v). 
 “Subsidiary” means, when used with respect to any Person, any corporation or
other entity, whether incorporated or unincorporated, (a) of which such Person or any other Subsidiary of such Person is a general partner (excluding partnerships, the general partnership interests of which held by such Person or any Subsidiary
of such Person do not have a majority of the voting interests in such partnership) or (b) at least a majority of the securities or other interests of which having by their terms ordinary voting power to elect a majority of the board of
directors or other governing body performing similar functions with respect to such corporation or other entity is directly or indirectly owned or controlled by such Person or by any one or more of its Subsidiaries, or by such Person and one or more
of its Subsidiaries. 
 “Suspension Event” has the meaning set forth in Section 2(e). 

“Suspension Notice” has the meaning set forth in Section 2(e). 

“Suspension Period” has the meaning set forth in Section 2(e). 

“Trading Market” means the principal National Securities Exchange in the United States on which Registrable Securities are
(or are to be) listed. 
 “Triggering Date” means the date that is the later of (i) the
10-K Reference Date and (ii) the earlier of the date (a) the Company Ordinary Shares are listed on a National Securities Exchange and (b) seventy five (75) days after the Effective
Date. 
 “Underwritten Demand” means a Demand Registration conducted as an underwritten Public Offering. 

“Underwritten Shelf Takedown” has the meaning set forth in Section 2(a)(iv). 

  
 - 8 - 

 “Unsubscribed Shares” means Company Ordinary Shares that are Unsubscribed
Securities (as defined in the Backstop Commitment Agreement). 
 “Warrant Shares” means the Company Ordinary Shares
issuable upon the exercise of the Warrants. 
 “Warrants” means the Tranche 1 Warrants and the Tranche 2 Warrants, as such
terms are defined in the Plan, and warrants contemplated by Section 6.12 of the Backstop Commitment Agreement. 

“WKSI” means a “well known seasoned issuer” as defined under Rule 405. 

2. Registration. 
 (a) Shelf
Registration. 
 (i) Filing of Shelf Registration Statement. As promptly as practicable after the Effective Date, and in any event
within thirty (30) days following the Effective Date if the Company is then eligible to use Form S-3 or sixty (60) days following the Effective Date if the Company is not then eligible to use
Form S-3, the Company shall file a Registration Statement for a Shelf Registration on Form S-3 (the “Form S-3
Shelf”) or Form S-1 (the “Form S-1 Shelf” and, together with the Form S-3 Shelf, the “Shelf Registration Statement”), as
applicable, covering the resale of all Registrable Securities beneficially owned as of the date of filing such Shelf Registration Statement by the Holders on a delayed or continuous basis. If the Company files a Form
S-1 Shelf, then as soon as reasonably practicable after the Company becomes eligible to use Form S-3 with respect to the registration of the Registrable Securities, the
Company shall convert the Form S-1 Shelf to a Form S-3 Shelf (or other appropriate short form registration statement then permitted by the Commission’s rules
and regulations) covering the resale of all Registrable Securities beneficially owned as of the date of filing such Shelf Registration Statement by the Holders (which shall be an Automatic Shelf Registration Statement if the Company is a WKSI and
otherwise eligible to use such Automatic Shelf Registration Statement). Subject to the terms of this Agreement, including any applicable Suspension Period, the Company shall use commercially reasonable efforts to cause the Shelf Registration
Statement to be declared effective under the Securities Act as promptly as practicable following the filing of the Shelf Registration Statement. The Company shall use commercially reasonable efforts to keep such Shelf Registration Statement
continuously effective under the Securities Act until the date that all Registrable Securities covered by such Registration Statement cease to be Registrable Securities, including, to the extent a Form S-1 Shelf is converted to a Form S-3 Shelf and the Company thereafter becomes ineligible to use Form S-3, by using commercially reasonable efforts to file a Form S-1 Shelf or other appropriate form specified
by the Commission’s rules and regulations as promptly as reasonably practicable after the date of such ineligibility and using its commercially reasonable efforts to have such Shelf Registration Statement declared effective as promptly
as reasonably practicable after the filing thereof (the period during which the Company is required to keep the Shelf Registration Statement continuously effective under the Securities Act in accordance with this clause (i), the “Shelf
Period”). For so long as any Registrable Securities covered by any Form S-1 Shelf remain unsold, the Company will file any supplements to the Prospectus or post-effective amendments required to be filed by applicable law in order to
incorporate or include into such Prospectus any Current 

  
 - 9 - 

 
Reports on Form 8-K necessary or required to be filed by applicable law, any Quarterly Reports on Form 10-Q or any
Annual Reports on Form 10-K filed by the Company with the Commission, or any other information necessary so that (x) such Form S-1 Shelf shall not include
any untrue statement of material fact or omit to state any material fact necessary in order to make the statements therein not misleading, and (y) the Company complies with its obligations under Item 512(a)(1) of Regulation S-K. The
Company shall promptly notify the Holders named in the Shelf Registration Statement via e-mail to the addresses set forth on Schedule I hereof of the effectiveness of a Shelf Registration Statement. The
Company shall file a final Prospectus in respect of such Shelf Registration Statement with the Commission to the extent required by Rule 424. The “Plan of Distribution” section of such Shelf Registration Statement shall include a plan of
distribution, which includes the means of distribution substantially in the form set forth in Exhibit B hereto. Notwithstanding the foregoing, in no event shall the Company be required to file a Shelf Registration Statement pursuant to this
Section 2(a) earlier than the Triggering Date; provided, that if the Triggering Date is later than the date specified in the first sentence of this Section 2(a)(i), the Company shall file a Shelf Registration Statement no later than
the Triggering Date. 
 (ii) Holder Information. Notwithstanding any other provision hereof, no Holder of Registrable Securities shall
be entitled to include any of its Registrable Securities in any Shelf Registration Statement pursuant to this Agreement unless and until such Holder agrees in writing to be bound by all of the provisions of this Agreement applicable to such Holder,
and the Holder furnishes to the Company a fully completed notice and questionnaire in a reasonable and customary form provided by counsel to the Company (the “Questionnaire”) and such other information in writing as the Company may
reasonably request in writing for use in connection with the Shelf Registration Statement or Prospectus included therein and in any application to be filed with or under state securities laws. In order to be named as a selling shareholder in the
Shelf Registration Statement at the time it is first made available for use, a Holder must furnish the completed Questionnaire and such other information that the Company may reasonably request in writing, if any, to the Company in writing no later
than the fifth (5th) Business Day prior to the targeted initial filing date; provided that any holder providing a completed Questionnaire within that time period may provide updated
information regarding such Holder’s beneficial ownership and the number of Registrable Securities requested to be included up to the fifth (5th) Business Day prior to the effective date of
the Shelf Registration Statement. Each Holder as to which any Shelf Registration is being effected agrees to furnish to the Company as promptly as practicable all information with respect to such Holder necessary to make the information previously
furnished to the Company by such Holder not materially misleading. 
 (iii) Supplements. From and after the effective date of the
Shelf Registration Statement, upon receipt of a completed Questionnaire and such other information that the Company may reasonably request in writing, if any, the Company will use its commercially reasonable efforts to file as promptly as reasonably
practicable, but in any event on or prior to the tenth (10th) Business Day after receipt of such information (or, if a Suspension Period is then in effect or initiated within five
(5) Business Days following the date of receipt of such information, the tenth (10th) Business Day following the end of such Suspension Period) either (i) if then permitted by the
Securities Act or the rules and regulations thereunder (or then-current Commission interpretations thereof), a supplement to the Prospectus contained in the Shelf Registration Statement naming such Holder as a selling shareholder and containing such
other 

  
 - 10 - 

 
information as necessary to permit such Holder to deliver the Prospectus to purchasers of the Holder’s Registrable Securities, or (ii) if it is not then permitted under the Securities
Act or the rules and regulations thereunder (or then-current Commission interpretations thereof) to name such Holder as a selling shareholder in a supplement to the Prospectus, a post-effective amendment to the Shelf Registration Statement or an
additional Shelf Registration Statement as necessary for such Holder to be named as a selling shareholder in the Prospectus contained therein to permit such Holder to deliver the Prospectus to purchasers of the Holder’s Registrable Securities
(subject, in the case of either clause (i) or clause (ii), to the Company’s right to delay filing or suspend the use of the Shelf Registration Statement as described in Section 2(e) hereof). If the Company is not
eligible to add additional selling shareholders by means of a prospectus supplement, notwithstanding the foregoing, the Company shall not be required to file more than one (1) post-effective amendment or additional Shelf Registration Statements
in any fiscal quarter for all Holders pursuant to this Section 2(a)(iii); provided that the foregoing limitation shall not apply if the Registrable Securities to be added represent beneficial ownership of more than
$10 million of the Company Ordinary Shares (as determined in good faith by the Company to the extent the Company Ordinary Shares are not then listed on a National Securities Exchange). If the Company is eligible to add additional selling
shareholders by means of a prospectus supplement, notwithstanding the foregoing, the Company shall not be required to file more than two (2) prospectus supplements for all Holders pursuant to this Section 2(a)(iii) in
any fiscal quarter; provided that the foregoing limitation shall not apply if the Registrable Securities to be added represent beneficial ownership of more than $10 million of the Company Ordinary Shares (as determined in good faith by
the Company to the extent the Company Ordinary Shares are not then listed on a National Securities Exchange). 
 (iv) Underwritten Shelf
Takedown. At any time during the Shelf Period (subject to any Suspension Period), any one or more Holders of Registrable Securities may request to sell all or any portion of their Registrable Securities in an underwritten Public Offering that is
registered pursuant to the Shelf Registration Statement (each, an “Underwritten Shelf Takedown”); provided, that, and subject to Section 2(a)(vii) below, the Company shall not be obligated to effect
(x) an Underwritten Shelf Takedown for any Registrable Securities other than Company Ordinary Shares; (y) more than four (4) Underwritten Shelf Takedowns (together with any Demand Registrations) in aggregate; or (z) any
Underwritten Shelf Takedown if the aggregate proceeds expected to be received from the sale of the Registrable Securities requested to be sold in such Underwritten Shelf Takedown, in the good faith judgment of the managing underwriter(s) therefor,
is less than $20,000,000 as of the date the Company receives a Shelf Takedown Request. 
 (v) Notice of Underwritten Shelf Takedown.
All requests for Underwritten Shelf Takedowns shall be made by giving written notice to the Company (the “Shelf Takedown Request”). In addition to providing the information required pursuant to Section 2(d)
of this Agreement, each Shelf Takedown Request shall specify the approximate number of Company Ordinary Shares to be sold in the Underwritten Shelf Takedown and the expected price range (net of underwriting discounts and commissions) of such
Underwritten Shelf Takedown. Subject to Section 2(e) below, after receipt of any Shelf Takedown Request, the Company shall give written notice (the “Shelf Takedown Notice”) of such requested Underwritten
Shelf Takedown (which notice shall state the material terms of such proposed Underwritten Shelf Takedown, to the extent known) to all other Holders of Registrable Securities that have Registrable Securities registered for sale under a Shelf
Registration Statement (“Shelf Registrable Securities”). Such notice shall 

  
 - 11 - 

 
be given not more than ten (10) Business Days and not less than five (5) Business Days, in each case prior to the expected date of commencement of marketing efforts for such
Underwritten Shelf Takedown. Subject to Section 2(a)(vi), the Company shall include in such Underwritten Shelf Takedown all Shelf Registrable Securities that are Company Ordinary Shares with respect to which the Company has
received written requests for inclusion therein within (x) in the case of a “bought deal” or “overnight transaction” (a “Bought Deal”), two (2) Business Days; (y) in the case any other Underwritten
Shelf Takedown, five (5) Business Days, in each case after the giving of the Shelf Takedown Notice. For the avoidance of doubt, the Company shall not be required to provide a Shelf Takedown Notice with respect to a Public Offering utilizing a
Shelf Registration Statement other than an Underwritten Shelf Takedown, and Holders shall not have rights to participate therein under this Section 2(a)(v).  

(vi) Priority of Registrable Securities. If the managing underwriters for such Underwritten Shelf Takedown advise the Company and the
Holders of Shelf Registrable Securities proposed to be included in such Underwritten Shelf Takedown that in their reasonable view the number of Shelf Registrable Securities proposed to be included in such Underwritten Shelf Takedown exceeds the
number of Shelf Registrable Securities which can be sold in an orderly manner in such offering within a price range acceptable to the Holders of a Majority of Included Registrable Securities requested to be included in the Underwritten Shelf
Takedown (the “Maximum Offering Size”), then the Company shall promptly give written notice to all Holders of Shelf Registrable Securities proposed to be included in such Underwritten Shelf Takedown of such Maximum Offering Size,
and shall include in such Underwritten Shelf Takedown the number of Shelf Registrable Securities which can be so sold in the following order of priority, up to the Maximum Offering Size: (A) first, the Shelf Registrable Securities requested to
be included in such Underwritten Shelf Takedown by the Holders of such Shelf Registrable Securities, allocated, if necessary for the offering not to exceed the Maximum Offering Size, pro rata among such Holders on the basis of the number of Shelf
Registrable Securities requested to be included therein by each such Holder, (B) second, any securities proposed to be offered by the Company and (C) third, Other Registrable Securities requested to be included in such Underwritten Shelf
Takedown to the extent permitted hereunder, allocated, if necessary for the offering not to exceed the Maximum Offering Size, in priority as may be determined by the Company and the holders of such Registrable Securities. 

(vii) Restrictions on Timing of Underwritten Shelf Takedowns. The Company shall not be obligated to effect an Underwritten Shelf
Takedown (A) within ninety (90) days (or such longer period specified in any applicable lock-up agreement entered into with underwriters) after the “pricing” of a previous Underwritten
Shelf Takedown or Demand Registration or “pricing” of a Company-initiated Public Offering or (B) within sixty (60) days prior to the Company’s good faith estimate of the date of filing of a Company-initiated registration
statement. 
 (viii) Selection of Bankers and Counsel. The Holders of a Majority of Included Registrable Securities requested to be
included in an Underwritten Shelf Takedown shall have the right to: (A) select the investment banker(s) and manager(s) to administer the offering (which shall consist of one (1) or more reputable nationally recognized investment banks,
subject to the Company’s approval (which shall not be unreasonably withheld, conditioned or delayed)) and one (1) firm of legal counsel to represent all of the Holders (along with one (1) local counsel, to the extent reasonably
necessary, for any applicable jurisdiction), in connection with such Underwritten 

  
 - 12 - 

 
Shelf Takedown, and (B) determine the price at which the Registrable Securities are to be sold and the underwriting commissions, discounts and fees for the Registrable Securities included in
such Underwritten Shelf Takedown; provided that the Company shall select such investment banker(s), manager(s) and counsel (including local counsel) if such Holders of a Majority of Included Registrable Securities cannot so agree on the same
within a reasonable time period. 
 (ix) Withdrawal from Registration. Any Holder whose Registrable Securities were to be included in
any such registration pursuant to Section 2(a) may elect to withdraw any or all of its Registrable Securities therefrom, without liability to any of the other Holders and without prejudice to the rights of any such Holder
or Holders to include Registrable Securities in any future registration (or registrations), by written notice to the Company delivered prior to the “pricing” date of the relevant Underwritten Shelf Takedown; provided,
however, that upon withdrawal by a majority-in-interest of the Holders whose Registrable Securities were to be included in any registration pursuant to
Section 2(a), the Company shall be permitted to terminate such Underwritten Shelf Takedown and the request for such registration shall constitute a request for an Underwritten Shelf Takedown for purposes of
Section 2(a)(iv), unless the withdrawing Holder or Holders reimburse the Company for all Registration Expenses with respect to such Underwritten Shelf Takedown (if there is more than one withdrawing Holder, the
reimbursement amount shall be allocated among such Holders on a pro rata basis based on the respective number of Registrable Securities that each withdrawing Holder had requested be included in such Underwritten Shelf Takedown relative to the other
withdrawing Holders). 
 (x) WKSI Filing. Upon the Company first becoming a WKSI and otherwise being eligible to use an Automatic
Shelf Registration Statement for such purposes, if requested by a Qualified Holder with securities registered on an existing Shelf Registration Statement, the Company will convert such existing Shelf Registration Statement to an Automatic Shelf
Registration Statement. 
 (b) Demand Registration. 

(i) If the Company (i) is in violation of its obligation to file a Shelf Registration Statement pursuant to
Section 2(a) or (ii) following the effectiveness of the Shelf Registration Statement contemplated by Section 2(a), thereafter ceases to have an effective Shelf Registration Statement during the Shelf Period (other
than during any Suspension Period), subject to the terms and conditions of this Agreement (including Section 2(b)(iii)), upon written notice to the Company (a “Demand Request”) delivered by a Qualified Holder requesting
that the Company effect the registration (a “Demand Registration”) under the Securities Act of any or all of the Registrable Securities beneficially owned by such Qualified Holder, the Company shall give a notice of the receipt of
such Demand Request (a “Demand Notice”) to all other Holders of Registrable Securities (which notice shall state the material terms of such proposed Demand Registration, to the extent known). Such Demand Notice shall be given not
more than ten (10) Business Days and not less than five (5) Business Days, in each case prior to the expected date of the public filing of the registration statement (the “Demand Registration Statement”) for
such Demand Registration. Subject to the provisions of Section 2(a)(iv)-(vii) and Section 2(e) below, the Company shall include in such Demand Registration all Registrable Securities that are Company Ordinary Shares with respect
to which the Company has received written requests for inclusion therein within five (5) Business Days after the later of the Company (i) the giving the Demand Notice and (ii) five (5) Business Days prior to the actual
public filing of the Demand Registration Statement. Nothing in this Section 2(b) shall relieve the Company of its obligations under Section 2(a). 

  
 - 13 - 

 (ii) Demand Registration Using Form S-3. The
Company shall effect any requested Demand Registration using a Registration Statement on Form S-3 whenever the Company is a WKSI, and is otherwise eligible to use an Automatic Shelf Registration Statement.

 (iii) Limitations on Demand Registration. The Company shall not be required to effect more than five (5) Underwritten Demands
(together with any Underwritten Shelf Takedowns) in the aggregate. The Company shall not be required to effect an Underwritten Demand if the aggregate proceeds expected to be received from the sale of the Registrable Securities requested to be
registered in such Underwritten Demand, in the good faith judgment of the managing underwriter(s) therefor, is less than the lesser of (x) $20,000,000 and (y) such amount as would enable all remaining Registrable Securities to be included in
such Underwritten Demand, in each case as of the date the Company receives a written request for an Underwritten Demand. The Company shall not be obligated to effect a Demand Registration (A) within ninety (90) days (or such longer period
specified in any applicable lock-up agreement entered into with underwriters) after the “pricing” of a previous Demand Registration or Underwritten Shelf Takedown or Company-initiated Public Offering
or (B) within sixty (60) days prior to the Company’s good faith estimate of the date of filing of a Company-initiated registration statement. 

(iv) Effectiveness of Demand Registration Statement. The Company shall use its commercially reasonable efforts to have the Demand
Registration Statement declared effective by the Commission as promptly as practicable after filing and keep the Demand Registration Statement continuously effective under the Securities Act for the period of time necessary for the underwriters or
Holders to sell all the Registrable Securities covered by such Demand Registration Statement or such shorter period which will terminate when all Registrable Securities covered by such Demand Registration Statement have been sold pursuant thereto
(including, if necessary, by filing with the Commission a post-effective amendment or a supplement to the Demand Registration Statement or the related Prospectus or any document incorporated therein by reference or by filing any other required
document or otherwise supplementing or amending the Demand Registration Statement, if required by the rules, regulations or instructions applicable to the registration form used by the Company for such Demand Registration Statement or by the
Securities Act, any state securities or “blue sky” laws, or any other rules and regulations thereunder) (the “Effectiveness Period”). A Demand Registration shall not be deemed to have occurred (A) if the Registration
Statement is withdrawn without becoming effective, (B) if the Registration Statement does not remain effective in compliance with the provisions of the Securities Act and the laws of any state or other jurisdiction applicable to the disposition
of the Registrable Securities covered by such Registration Statement for the Effectiveness Period, (C) if, after it has become effective, such Registration Statement is subject to any stop order, injunction or other order or requirement of the
Commission or other governmental or regulatory agency or court for any reason other than a violation of applicable law solely by any selling Holder and has not thereafter become effective, (D) in the event of an Underwritten Demand, if the
conditions to closing specified in the underwriting agreement entered into in connection with such registration are not satisfied or waived other than by reason of some act or omission by a Qualified Holder, or (E) if the number of Registrable
Securities included on the applicable Registration Statement is reduced in accordance with Section 2(b)(v) such that less than 66 2/3% of the Registrable Securities of the Holders of Registrable Securities who sought to be
included in such registration are so included in such Registration Statement. 

  
 - 14 - 

 (v) Priority of Registration. Notwithstanding any other provision of this
Section 2(b), if (A) a Demand Registration is an Underwritten Demand and (B) the managing underwriters advise the Company that in their reasonable view, the number of Registrable Securities proposed to be included
in such offering (including Registrable Securities requested by Holders to be included in such Public Offering and any securities that the Company or any other Person proposes to be included that are Other Registrable Securities) exceeds the Maximum
Offering Size, then the Company shall so advise the Holders with Registrable Securities proposed to be included in such Underwritten Demand, and shall include in such offering the number of Registrable Securities which can be so sold in the
following order of priority, up to the Maximum Offering Size: (A) first, the Registrable Securities requested to be included in such Underwritten Demand by the Holders, allocated, if necessary for the offering not to exceed the Maximum Offering
Size, pro rata among the Holders on the basis of the number of Registrable Securities requested to be included therein by each such Holder, (B) second, any securities proposed to be offered by the Company and (C) third, Other Registrable
Securities requested to be included in such underwritten Public Offering to the extent permitted hereunder, allocated, if necessary for the offering not to exceed the Maximum Offering Size, in priority as may be determined by the Company and the
holders of such Other Registrable Securities. For purposes of Section 2(b)(iv), the pro rata portion of Registrable Securities of each participating Holder shall be the product of (i) the total number of Registrable
Securities which the managing underwriter agrees to include in the public offering and (ii) the ratio which such participating Holder’s total Registrable Securities bears to the total number of Registrable Securities of all participating
Holders to be included in such Registration Statement. 
 (vi) Underwritten Demand. The determination of whether any Public Offering
of Registrable Securities pursuant to a Demand Registration will be an Underwritten Demand shall be made in the sole discretion of the Holders of a Majority of Included Registrable Securities included in such Demand Registration, and such Holders of
a Majority of Included Registrable Securities included in such Underwritten Demand shall have the right to (A) determine the plan of distribution, the price at which the Registrable Securities are to be sold and the underwriting commissions,
discounts and fees and other financial terms, and (B) select the investment banker(s) and manager(s) to administer the offering (which shall consist of one (1) or more reputable nationally recognized investment banks, subject to the
Company’s approval (which shall not be unreasonably withheld, conditioned or delayed)) and one (1) firm of legal counsel to represent all of the Holders (along with one (1) local counsel, to the extent reasonably necessary, for any
applicable jurisdiction), in connection with such Demand Registration; provided that the Company shall select such investment banker(s), manager(s) and counsel (including local counsel) if the Holders of a Majority of Included Registrable
Securities cannot so agree on the same within a reasonable time period. 
 (vii) Withdrawal of Registrable Securities. Any Holder
whose Registrable Securities were to be included in any such registration pursuant to Section 2(b) may elect to withdraw any or all of its Registrable Securities therefrom, without liability to any of the other Holders and
without prejudice to the rights of any such Holder to include Registrable Securities in any future registration (or registrations), by written notice to the Company delivered on or prior to 

  
 - 15 - 

 
the effective date of the relevant Demand Registration Statement; provided, however, that upon withdrawal by a
majority-in-interest of the Holders whose Registrable Securities were to be included in any registration pursuant to Section 2(b), the Company
shall be permitted to terminate such Underwritten Demand and the request for such registration shall constitute a Demand Request for purposes of Section 2(b)(iii), unless the withdrawing Holder or Holders reimburse the
Company for all Registration Expenses with respect to such Underwritten Demand (if there is more than one withdrawing Holder, the reimbursement amount shall be allocated among such Holders on a pro rata basis based on the respective number of
Registrable Securities that each withdrawing Holder had requested be included in such Underwritten Demand relative to the other withdrawing Holders). 
 (c)
Piggyback Registration. 
 (i) Registration Statement on behalf of the Company. Subject to the terms and conditions set forth
in this Agreement, if at any time the Company proposes to file a Registration Statement or conduct an Underwritten Shelf Takedown (other than a Shelf Registration pursuant to Section 2(a) or a Demand Registration pursuant
to Section 2(b)) in connection with an underwritten Public Offering of Capital Stock (other than registrations on Form S-8 or Form S-4) (a “Piggyback
Offering”), and the registration form to be used may be used for the registration of Registrable Securities, the Company shall give prompt written notice (the “Piggyback Notice”) to all Holders (collectively, the
“Piggyback Eligible Holders”) of the Company’s intention to conduct such underwritten Public Offering; provided that, in the case of an Underwritten Shelf Takedown from an existing effective shelf registration
statement, the Company shall not be required to provide a Piggyback Notice or include any Registrable Securities in such Public Offering unless either (i) such registration statement with respect to which the Company is conducting an
Underwritten Shelf Takedown may be used for the registration and offering of Registrable Securities without the need to file a post-effective amendment thereto, (ii) the Company is eligible to file an automatically effective registration
statement or automatically effective post-effective amendment or (iii) if the Company is not eligible to file an automatically effective registration statement or automatically effective post-effective amendment, the need to file any
such post-effective amendment or new registration statement would not reasonably be expected to have a material adverse effect on the timing of the Company’s primary offering, in the good faith determination of the Company’s
Board of Directors. The Piggyback Notice shall be given, (i) in the case of a Piggyback Offering that is an Underwritten Shelf Takedown, not earlier than ten (10) Business Days and not less than five (5) Business
Days, in each case under this clause (i), prior to the expected date of commencement of marketing efforts for such Underwritten Shelf Takedown; or (ii) in the case of any other Piggyback Registration, not less than five
(5) Business Days after the public filing of such Registration Statement. The Piggyback Notice shall offer the Piggyback Eligible Holders the opportunity to include for registration in such Piggyback Offering the number of Registrable
Securities of the same class and series as those proposed to be registered as they may request, subject to Section 2(c)(ii) (a “Piggyback Registration”). Subject to Section 2(c)(ii), the Company
shall include in each such Piggyback Offering such Registrable Securities constituting Company Ordinary Shares for which the Company has received written requests (each, a “Piggyback Request”) for inclusion therein from Piggyback
Eligible Holders within (x) in the case of a Bought Deal, two (2) Business Days; (y) in the case any other Underwritten Shelf Takedown, three (3) Business Days; or (z) otherwise, five
(5) Business Days, in each case after the date of the Company’s notice; provided that the Company may not commence marketing 

  
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efforts for such Public Offering until such periods have elapsed and the inclusion of all such securities so requested, subject to Section 2(c)(ii). If a Piggyback Eligible Holder
decides not to include all of its Registrable Securities in any Piggyback Offering thereafter filed by the Company, such Piggyback Eligible Holder shall nevertheless continue to have the right to include any Registrable Securities in any subsequent
Piggyback Offerings or Registration Statements as may be filed by the Company with respect to offerings of Registrable Securities, all upon the terms and conditions set forth herein. The Company shall use its commercially reasonable efforts to
effect the registration under the Securities Act of all Registrable Securities which the Company has been so requested to register pursuant to the Piggyback Requests, to the extent required to permit the disposition of the Registrable Securities so
requested to be registered. 
 (ii) Priority of Registration. If the managing underwriter or managing underwriters of such Piggyback
Offering (as selected pursuant to Section 2(c)(iv)) advise the Company and the Piggyback Eligible Holders that, in their reasonable view the amount of securities requested to be included in such registration (including
Registrable Securities requested by the Piggyback Eligible Holders to be included in such offering and any securities that the Company or any other Person proposes to be included that are not Registrable Securities) exceeds the Maximum Offering Size
(which, for the purposes of a Piggyback Registration relating to a primary offering of the Company’s Capital Stock, shall be within a price range acceptable to the Company), then the Company shall so advise all Piggyback Eligible Holders with
Registrable Securities proposed to be included in such Piggyback Registration, and shall include in such offering the number which can be so sold in the following order of priority, up to the Maximum Offering Size: (A) first, (x) if the
Piggyback Registration includes a primary offering of the Company’s Capital Stock, such securities that the Company proposes to sell up to the Maximum Offering Size, or (y) if the Piggyback Registration is an offering at the demand of the
holders of Other Registrable Securities, the securities that such holders propose to sell and thereafter any securities proposed to be offered by the Company, in each case up to the Maximum Offering Size, and (B) second, the Company Ordinary
Shares constituting Registrable Securities or Other Registrable Securities requested to be included in such Piggyback Registration by each Piggyback Eligible Holder and any holder of Other Registrable Securities with rights to participate in such
offering, allocated, if necessary for the offering not to exceed the Maximum Offering Size, pro rata on the basis of the amount of Company Ordinary Shares or other Capital Stock constituting Registrable Securities and Other Registrable Securities
requested in aggregate to be included therein. For purposes of Section 2(c)(ii)(B), the pro rata portion of Registrable Securities of each participating Holder shall be the product of (i) the total number of
Registrable Securities which the managing underwriter agrees to include in the Public Offering and (ii) the ratio which such participating Holder’s total Registrable Securities bears to the total number of Registrable Securities of all
participating Holders to be included in such Registration Statement. All Piggyback Eligible Holders requesting to be included in the Piggyback Registration must sell their Registrable Securities to the underwriters selected as provided in
Section 2(c)(iv) on the same terms and conditions as apply to the Company. 
 (iii) Withdrawal from
Registration. The Company shall have the right to terminate, withdraw or postpone any registration initiated by it under this Section 2(c), whether or not any Piggyback Eligible Holder has elected to include Registrable
Securities in such Registration Statement, in its sole discretion; provided, however, that any such termination, withdrawal or postponement shall not prejudice the right of the Holders to request that such

  
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registration be effected as a registration under Section 2(b) to the extent permitted thereunder and subject to the terms set forth therein. The Registration Expenses of
such terminated, withdrawn or postponed registration shall be borne by the Company in accordance with Section 4 hereof. Any Holder that has elected to include Registrable Securities in a Piggyback Offering may elect to
withdraw such Holder’s Registrable Securities at any time prior to the Business Day prior to the execution of the underwriting agreement entered into in connection therewith. 

(iv) Selection of Bankers and Counsel. If a Piggyback Registration pursuant to this Section 2(c) involves an
underwritten Public Offering, the Company shall have the right to (A) determine the plan of distribution, including the price at which the Registrable Securities are to be sold and the underwriting commissions, discounts and fees and
(B) select the investment banker or bankers and managers to administer the Public Offering, including the lead managing underwriter or underwriters, each of which shall be a nationally recognized investment bank. Holders of a Majority of
Included Registrable Securities included in such underwritten Public Offering shall have the right to select one (1) firm of legal counsel to represent all of the Holders (along with one (1) local counsel, to the extent reasonably
necessary, for any applicable jurisdiction), in connection with such Piggyback Registration; provided that the Company shall select such counsel (including local counsel) if the Holders of a Majority of Included Registrable Securities cannot
so agree on the same within a reasonable time period. 
 (v) Effect of Piggyback Registration. No registration effected under this
Section 2(c) shall relieve the Company of its obligations to effect any registration of the offer and sale of Registrable Securities upon request under Section 2(a) or
Section 2(b) hereof, and no registration effected pursuant to this Section 2(c) shall be deemed to have been effected pursuant to Section 2(a) or
Section 2(b) hereof. 
 (d) Notice Requirements. Any Demand Request, Piggyback Request or Shelf Takedown
Request shall (i) specify the maximum number or class or series of Registrable Securities intended to be offered and sold by the Holder making the request, (ii) express such Holder’s bona fide intent to offer up to such maximum
number of Registrable Securities for distribution, (iii) describe the nature or method of the proposed offer and sale of Registrable Securities (to the extent applicable), and (iv) contain the undertaking of such Holder to
provide all such information and materials and take all action as may reasonably be required in order to permit the Company to comply with all applicable requirements in connection with the registration of such Registrable Securities. 

(e) Suspension Period. Notwithstanding any other provision of this Section 2, the Company shall have the right
but not the obligation to defer the filing of (but not the reasonable preparation of), or suspend the use by the Holders of, any Demand Registration or Shelf Registration (whether prior to or after receipt by the Company of a Shelf Takedown Request
or Demand Request) if the Company determines in good faith, after consultation with its external legal counsel expert in such matters, that: (i) such registration or offering would require the disclosure, under applicable securities laws and
other laws, of material nonpublic information that would not otherwise be required to be disclosed at that time and the Company believes in good faith that such disclosures at that time would materially affect the Company in an adverse manner;
provided that the exception in clause (i) shall continue to apply only during the time in which such material nonpublic information has not been disclosed and remains material; (ii) such registration

  
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or offering would reasonably be expected to have a material adverse effect on any proposal or plan by the Company or any of the Company’s subsidiaries to engage in any material acquisition
of assets or stock (other than in the ordinary course of business) or any material plan or proposal of a significant financing, acquisition, disposition, merger, corporate reorganization, securities offering, segment reclassification or
discontinuation of operations or other material transaction or any negotiations or discussions with respect thereto involving the Company or any of the Company’s subsidiaries; (iii) such registration or offering would render the Company
unable to comply with requirements under the Securities Act or the Exchange Act; or (iv) the Company has a bona fide business purpose for deferring or suspending such registration or offering; provided that the period of any delay or
suspension under exceptions (i), (ii), (iii) and (iv) shall not exceed a period of seventy-five (75) days and any such delays or extensions shall not in aggregate exceed one hundred-five (105) days in any twelve (12) month period
(any such period, a “Suspension Period”, and any event triggering any such delay or suspension, a “Suspension Event”); provided, however, that in such event, a Qualified Holder will be entitled to
withdraw any request for a Demand Registration or an Underwritten Shelf Takedown and, if such request is withdrawn, such Demand Registration or Underwritten Shelf Takedown will not count as a Demand Registration or an Underwritten Shelf Takedown and
the Company will pay all Registration Expenses in connection with such registration, regardless of whether such registration is effected. The Company shall promptly give written notice to the Holders of Registrable Securities registered under or
pursuant to any Shelf Registration Statement or any Demand Registration with respect to its declaration of a Suspension Period and of the expiration of the relevant Suspension Period (a “Suspension Notice”). If the filing of any
Demand Registration is suspended or an Underwritten Shelf Takedown is delayed pursuant to this Section 2(e), once the Suspension Period ends, any Qualified Holder may request a new Demand Registration or a new Underwritten
Shelf Takedown (and such request shall not be counted as an additional Underwritten Shelf Takedown or Demand Registration for purposes of either Section 2(a)(iv) or Section 2(b)(i)). The Company
shall not include any material non-public information in the Suspension Notice and or otherwise provide such information to a Holder unless specifically requested by a Holder in writing. A Holder shall not
effect any sales of the Registrable Securities pursuant to a Registration Statement at any time after it has received a Suspension Notice and prior to receipt of an End of Suspension Notice. Holders may recommence effecting sales of the Registrable
Securities pursuant to a Registration Statement following further written notice from the Company to such effect (an “End of Suspension Notice”), which End of Suspension Notice shall be given by the Company to the Holders with
Registrable Securities included on any suspended Registration Statement and counsel to the Holders, if any, promptly (but in no event later than two (2) Business Days) following the conclusion of any Suspension Event. Notwithstanding any
provision herein to the contrary, if the Company gives a Suspension Notice with respect to any Registration Statement pursuant to this Section 2(e), the Company agrees that it shall (i) extend the period which such
Registration Statement shall be maintained effective pursuant to this Agreement by the number of days during the period from the date of receipt by the Holders of the Suspension Notice to and including the date of receipt by the Holders of the End
of Suspension Notice; and (ii) provide copies of any supplemented or amended prospectus necessary to resume sales, if requested by any Holder; provided that such period of time shall not be extended beyond the date that there are no
longer Registrable Securities covered by such Registration Statement. 
  

  
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 (f) Required Information. In addition to any other information required pursuant to
Section 2(a)(ii), and notwithstanding anything to the contrary contained herein, the Company may require each Holder of Registrable Securities as to which any Registration Statement is being filed or sale is being effected
to furnish to the Company such information regarding the distribution of such securities and such other information relating to such Holder and its ownership of Registrable Securities as the Company may from time to time reasonably request in
writing (provided that such information shall be subject to Section 3(v)), and the Company may exclude from such registration or sale the Registrable Securities of any such Holder who fails to furnish such
information within a reasonable time after receiving such request or who does not consent to the inclusion in a Registration Statement or Prospectus related to such registration or sale of such information related to such Holder that is required by
the rules and regulations of the Commission. Each Holder agrees to furnish such information to the Company and to cooperate with the Company as reasonably necessary to enable the Company to comply with the provisions of this Agreement, the
Securities Act, the Exchange Act and any state securities or “blue sky” laws. 
 (g) Other Registration Rights Agreements.
The Company represents and warrants to each Holder that, as of the date of this Agreement, it has not entered into any agreement with respect to any of its securities granting any registration rights to any Person with respect to the Registrable
Securities, other than as contemplated by the Plan. The Company will not enter into on or after the date of this Agreement, unless this Agreement is modified or waived as provided in Section 7(c), any agreement that is
inconsistent with the rights granted to the Holders with respect to Registrable Securities in this Agreement or otherwise conflicts with the provisions hereof, in each case, in any material respect. Other than as set forth in this Agreement, if the
Company enters into any agreement that would allow any holder of Company Ordinary Shares or other Capital Stock of the Company to include such Capital Stock in any Registration Statement of the Company on a basis more favorable than the rights of
the Holders under this Agreement (as determined in good faith by the Company), this Agreement shall be automatically amended to provide for such more favorable terms and, to the extent the Company enters into any agreement that would allow any
holder of Company Ordinary Shares or other Capital Stock of the Company to include such Capital Stock in any Registration Statement or Underwritten Shelf Takedown under Section 2(a) or 2(b) of this Agreement, such
other agreement shall similarly provide for the Holders to have reciprocal rights with respect to any demand registrations or underwritten offerings thereunder. 

(h) Cessation of Registration Rights. All registration rights granted under this Section 2 shall continue to
be applicable with respect to any Holder until such time as such Holder no longer holds any Registrable Securities. 
 (i)
Confidentiality. Each Holder agrees that such Holder shall treat as confidential the receipt of a Demand Notice, Shelf Takedown Notice, Piggyback Notice or Suspension Notice and shall not disclose or use the information contained in any such
notice, or the existence of such notice without the prior written consent of the Company until such time as the information contained therein is or becomes available to the public generally, other than as a result of disclosure by the Holder in
breach of the terms of this Agreement. 
 3. Registration Procedures. If and whenever registration of Registrable Securities is required
pursuant to this Agreement, subject to the express terms and conditions set forth in this Agreement, the procedures to be followed by the Company and each participating Holder to register the sale of Registrable Securities pursuant to a Registration
Statement, and the respective rights and obligations of the Company and such Holders with respect to the preparation, filing and effectiveness of such Registration Statement, are as follows: 

 

  
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 (a) The Company will (i) prepare and file a Registration Statement or a
prospectus supplement, as applicable, with the Commission (within the time period specified in Section 2(a) or Section 2(b), as applicable, in the case of a Shelf Registration, an Underwritten Shelf Takedown or a Demand
Registration) which Registration Statement (A) shall be on a form selected by the Company for which the Company qualifies, (B) shall be available for the sale of the Registrable Securities in accordance with the intended
method or methods of distribution, and (C) shall comply as to form in all material respects with the requirements of the applicable form and include and/or incorporate by reference all financial statements required by the Commission to
be filed therewith, and (ii) use its commercially reasonable efforts to cause such Registration Statement to become effective and remain effective for the periods provided under Section 2(a) or Section 2(b), as
applicable, in the case of a Shelf Registration Statement or a Demand Registration Statement. The Company will furnish to any Qualified Holder named as a selling shareholder (or selling shareholders) therein, any counsel designated by such Qualified
Holder, counsel for the Holders of a Majority of Included Registrable Securities (selected as provided herein) and the managing underwriter or underwriters (selected as provided herein) of an underwritten Public Offering of Registrable Securities,
if applicable, copies of all substantive correspondence from the Commission received in connection with such Public Offering, subject in each case to such foregoing Persons entering into a customary confidentiality agreement with respect thereto if
requested by the Company. The Company will (I) at least two (2) Business Days (or such shorter period as shall be reasonably practicable under the circumstances) prior to the anticipated filing of the Shelf Registration Statement, a
Demand Registration Statement or any related Prospectus or any amendment or supplement thereto, or before using any Issuer Free Writing Prospectus, furnish to any Qualified Holder named as a selling shareholder (or selling shareholders) therein, any
counsel designated by such Qualified Holder and counsel for the Holders of a Majority of Included Registrable Securities (selected as provided herein) and the managing underwriter or underwriters (selected as provided herein) of an underwritten
Public Offering of Registrable Securities, if applicable, copies of all such documents proposed to be filed (subject in each case to such foregoing Persons entering into a customary confidentiality agreement with respect thereto if requested by the
Company), (II) use its commercially reasonable efforts to address in each such document prior to being so filed with the Commission such comments as any of the foregoing Persons reasonably shall propose and (III) without limiting the
Company’s rights under Section 2(f), not include in any Registration Statement or any related Prospectus or any amendment or supplement thereto information regarding a participating Holder to which a participating Holder reasonably
objects; provided, however, the Company shall not be required to provide copies of any amendment or supplement filed solely to incorporate in any Form S-1 (or other form not providing for
incorporation by reference) any filing by the Company under the Exchange Act or any amendment or supplement filed for the purpose of adding additional selling shareholders thereunder. 

(b) The Company will as promptly as reasonably practicable (i) prepare and file with the Commission such amendments, including
post-effective amendments, and supplements to each Registration Statement and the Prospectus used in connection therewith as (A) may be reasonably requested by any Holder of Registrable Securities covered by such Registration Statement
necessary to permit such Holder to sell in accordance with its intended method of distribution, to the extent consistent such intended method of distribution is consistent with Exhibit B hereto, or (B) may be necessary under applicable
law to keep such Registration Statement continuously effective with respect to the disposition of all Registrable Securities covered thereby for the periods provided under Section 2(a) or
Section 2(b), as applicable, in accordance with the intended method of distribution. 

  
 - 21 - 

 (c) The Company will make all required filing fee payments in respect of any Registration
Statement or Prospectus used under this Agreement (and any Public Offering covered thereby) within the deadlines specified by the Securities Act. 

(d) The Company will notify each Holder of Registrable Securities named as a selling shareholder in any Registration Statement and the managing
underwriter or underwriters of an underwritten Public Offering of Registrable Securities, if applicable, (i) as promptly as reasonably practicable when any Registration Statement or post-effective amendment thereto has been declared effective;
(ii) of the issuance or threatened issuance by the Commission or any other governmental or regulatory authority of any stop order, injunction or other order or requirement suspending the effectiveness of a Registration Statement covering any or
all of the Registrable Securities or the initiation or threatening of any Proceedings for that purpose; (iii) of the receipt by the Company of any notification with respect to the suspension of the qualification or exemption from qualification
of any of the Registrable Securities for sale in any jurisdiction, or the initiation or threatening of any Proceeding for such purpose; or (iv) of the discovery that, or upon the happening of any event the result of which, such Registration
Statement or Prospectus or Issuer Free Writing Prospectus relating thereto or any document incorporated or deemed to be incorporated therein by reference contains an untrue statement in any material respect or omits any material fact necessary to
make the statements in the Registration Statement or the Prospectus or Issuer Free Writing Prospectus relating thereto (in the case of a Prospectus or an Issuer Free Writing Prospectus, in light of the circumstances under which they were made) not
misleading, or when any Issuer Free Writing Prospectus includes information that may conflict with the information contained in the Registration Statement or Prospectus, or if, for any other reason, it shall be necessary during such time period to
amend or supplement such Registration Statement or Prospectus in order to comply with the Securities Act, correct such misstatement or omission or effect such compliance. 

(e) Upon the occurrence of any event contemplated by Section 3(d)(iv), as promptly as reasonably practicable, the
Company will (x) prepare a supplement or amendment, including a post-effective amendment, if required by applicable law, to the affected Registration Statement or a supplement to the related Prospectus or any document incorporated or deemed to
be incorporated therein by reference or to the applicable Issuer Free Writing Prospectus, (y) furnish, if requested, a reasonable number of copies of such supplement or amendment to the selling Holders, their counsel and the managing
underwriter or underwriters of an underwritten Public Offering of Registrable Securities, if applicable, and (z) file such supplement, amendment and any other required document with the Commission so that, as thereafter delivered to the
purchasers of any Registrable Securities, such Registration Statement, such Prospectus or such Issuer Free Writing Prospectus shall not contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or
necessary to make the statements therein (in the case of a Prospectus or an Issuer Free Writing Prospectus, in light of the circumstances under which they were made) not misleading, and such Issuer Free Writing Prospectus shall not include
information that 

  
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conflicts with information contained in the Registration Statement or Prospectus, in each case such that each selling Holder can resume disposition of such Registrable Securities covered by such
Registration Statement or Prospectus. Following receipt of notice of any event contemplated by clauses 3(d)(ii)-(iv), a Holder shall suspend sales of the Registrable Securities pursuant to such Registration Statement and shall not resume sales until
such time as it has received written notice from the Company to such effect. The Company shall provide any supplemented or amended prospectus necessary to resume sales, if requested by any Holder. 

(f) The Company will use its commercially reasonable efforts to avoid the issuance of, or, if issued, obtain the withdrawal of (i) any
stop order or other order suspending the effectiveness of a Registration Statement or the use of any Prospectus filed pursuant to this Agreement, or (ii) any suspension of the qualification (or exemption from qualification) of any of the
Registrable Securities for sale in any jurisdiction, as promptly as practicable, or if any such order or suspension is made effective during any Suspension Period, as promptly as practicable after the Suspension Period is over. 

(g) During the Effectiveness Period or the Shelf Period, as applicable, the Company will furnish to each selling Holder, its counsel and the
managing underwriter or underwriters of an underwritten Public Offering of Registrable Securities, if applicable, upon their request, without charge, at least one conformed copy of each Registration Statement and each amendment thereto and all
exhibits to the extent requested by such selling Holder or underwriter (including those incorporated by reference) promptly after the filing of such documents with the Commission. 

(h) The Company will promptly deliver to each selling Holder and the managing underwriter or underwriters of an underwritten Public Offering of
Registrable Securities, if applicable, without charge, as many copies of the applicable Registration Statement, each amendment and supplement thereto, the Prospectus included in such Registration Statement (including each preliminary Prospectus,
final Prospectus, and any other Prospectus (including any Prospectus filed under Rule 424, Rule 430A or Rule 430B promulgated under the Securities Act and any Issuer Free Writing Prospectus)), all exhibits and other documents filed therewith and
such other documents as such selling Holder or underwriter may reasonably request in order to facilitate the disposition of the Registrable Securities by such selling Holder or underwriter, and upon request, subject to any confidentiality
undertaking as the Company shall reasonably request, a copy of any and all transmittal letters or other correspondence to or received from the Commission or any other governmental authority relating to such offer. Subject to
Section 2(e) hereof, the Company consents to the use of such Prospectus and each amendment or supplement thereto by each of the selling Holders and any applicable underwriter in connection with the offering and sale of the
Registrable Securities covered by such Prospectus and any amendment or supplement thereto. 
 (i) [Reserved.] 

(j) The Company will cooperate with the Holders and the underwriter or managing underwriter of an underwritten Public Offering of Registrable
Securities, if any, to facilitate the timely preparation and delivery of certificates or book-entry statements representing Registrable Securities to be delivered to a transferee pursuant to a Registration Statement, which certificates or book-entry
statements shall be free of all restrictive legends, indicating that the Registrable 

  
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Securities are unregistered or unqualified for resale under the Securities Act, Exchange Act or other applicable securities laws, and to enable such Registrable Securities to be in such
denominations and registered in such names as any such Holders or the underwriter or managing underwriter of an underwritten Public Offering, as applicable, may reasonably request and instruct any transfer agent and registrar of Registrable
Securities, if any, may request. In connection therewith, if required by the Company’s transfer agent, the Company will promptly, after the effective date of the Registration Statement, cause an opinion of counsel as to the effectiveness of the
Registration Statement to be delivered to and maintained with such transfer agent, together with any other authorizations, certificates and directions required by the transfer agent which authorize and direct the transfer agent to issue such
Registrable Securities without any such legend upon the sale by any Holder or the underwriter or managing underwriter of an underwritten Public Offering of Registrable Securities, if any, of such Registrable Securities under the Registration
Statement and to release any stop transfer orders in respect thereof. At the request of any Holder or the managing underwriter, if any, the Company will promptly deliver or cause to be delivered an opinion or instructions to the transfer agent in
order to allow the Registrable Securities to be sold from time to time free of all restrictive legends. 
 (k) Notwithstanding anything to
the contrary contained herein, the right of any Holder to include such Holder’s Registrable Securities in an underwritten offering shall be conditioned upon (x) such Holder’s participation in such underwriting and the inclusion of
such Holder’s Registrable Securities in the underwriting to the extent provided herein, (y) such Holder entering into customary agreements, including an underwriting agreement in customary form and sell such Holder’s Registrable
Securities on the basis provided in any underwriting arrangements approved by the Holders entitled to select the managing underwriter or managing underwriters hereunder (provided that (I) any such Holder shall not be required to make any
representations or warranties to the Company or the underwriters (other than (A) representations and warranties regarding (1) such Holder’s ownership of its Registrable Securities to be sold or transferred, (2) such Holder’s
power and authority to effect such transfer, (3) such matters pertaining to compliance with securities laws as may be reasonably requested by the Company or the underwriters, (4) the accuracy of information concerning such Holder as
provided by or on behalf of such Holder, and (5) any other representations required to be made by the Holder under applicable law, and (B) such other representations, warranties and other provisions relating to such Holder’s
participation in such Public Offering as may be reasonably requested by the underwriters) or to undertake any indemnification obligations to the Company with respect thereto, except as otherwise provided in Section 6(b)
hereof, or to the underwriters with respect thereto, except to the extent of the indemnification being given to the underwriters and their controlling Persons in Section 6(b) hereof) and (II) and the aggregate amount
of the liability of such Holder in connection with such offering shall not exceed such Holder’s net proceeds from the disposition of such Holder’s Registrable Securities in such offering) and (z) such Holder completing and executing
all questionnaires, powers of attorney, custody agreements and other documents reasonably required under the terms of such underwriting arrangements or by the Company in connection with such underwritten Public Offering. 

 

  
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 (l) The Company agrees with each Holder that, in connection with any underwritten Public
Offering (including an Underwritten Shelf Takedown), the Company shall: (i) enter into and perform under such customary agreements (including underwriting agreements in customary form, including customary representations and warranties and
provisions with respect to indemnification and contribution) and take all such other actions as the Holders of a Majority of Included Registrable Securities being sold or the underwriters, if any, reasonably request in order to expedite or
facilitate the disposition of such Registrable Securities and provide reasonable cooperation, including causing appropriate officers to attend and participate in “road shows” and analyst or investor presentations and such other selling or
other informational meetings organized by the underwriters, if any (taking into account the needs of the Company’s businesses and the responsibilities of such officers with respect thereto). The Company and its management shall not be required
to participate in any marketing effort that lasts longer than five (5) Business Days. 
 (m) The Company will use commercially
reasonable efforts to obtain for delivery to the underwriter or underwriters of an underwritten Public Offering of Registrable Securities (i) a signed counterpart of one or more comfort letters from independent public accountants of the Company
in customary form and covering such matters of the type customarily covered by comfort letters and (ii) an opinion or opinions from counsel for the Company (including any local counsel reasonably requested by the underwriters) dated the date of
the closing under the underwriting agreement, in customary form, scope and substance, covering the matters customarily covered in opinions requested in sales of securities in an underwritten Public Offering, which opinions shall be reasonably
satisfactory to such underwriters and their counsel. 
 (n) The Company will (i) provide and cause to be maintained a transfer agent and
registrar for all Registrable Securities covered by the applicable Registration Statement from and after a date not later than the effective date of such Registration Statement and provide and enter into any reasonable agreements with a custodian
for the Registrable Securities and (ii) no later than the effective date of the applicable Registration Statement, provide a CUSIP number for all Registrable Securities. 

(o) The Company will cooperate with each Holder of Registrable Securities and each underwriter or agent, if any, participating in the
disposition of Registrable Securities and their respective counsel in connection with any filings required to be made with FINRA. 
 (p) The
Company will, upon reasonable notice and at reasonable times during normal business hours, make available for inspection by a representative appointed by the Holders of a Majority of Included Registrable Securities, counsel selected by such Holders
in accordance with this Agreement, any underwriter participating in any disposition pursuant to such registration, as applicable, and any other attorney or accountant retained by such underwriter, all financial and other records and pertinent
corporate documents of the Company, and cause the Company’s officers, directors, employees and independent accountants to supply all information reasonably requested by any such Holder, underwriter, attorney or accountant in connection with
such Registration Statement or Underwritten Shelf Takedown, as applicable, and make themselves available at mutually convenient times to discuss the business of the Company and other matters reasonably requested by any such Holders, sellers,
underwriter or agent thereof in connection with such Registration Statement as shall be necessary to enable them to exercise their due diligence responsibility with respect to such Registration Statement or offering, as applicable (any information
provided under this Section 3(p), “Due Diligence Information”), subject in each case to the foregoing persons entering into customary confidentiality and non-use
agreements with respect to any confidential information of the Company. The Company shall not provide any Due Diligence Information to a Holder unless such Holder explicitly requests such Due Diligence Information in writing. 

  
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 (q) The Company will comply with all applicable rules and regulations of the Commission, the
Trading Market, FINRA and any state securities authority, and make available to each Holder, as soon as reasonably practicable after the effective date of the Registration Statement, an earnings statement covering at least twelve (12) months
but not more than eighteen 18 months beginning with the first (1st) full calendar month after the effective date of such Registration Statement, which earnings statement shall satisfy the provisions of Section 11(a) of the Securities Act and
Rule 158 promulgated thereunder (or any similar rule or regulation hereafter adopted by the Commission having substantially the same effect as such rule). 

(r) The Company will ensure that any Issuer Free Writing Prospectus utilized in connection with any Prospectus complies in all material
respects with the Securities Act, is filed in accordance with the Securities Act to the extent required thereby, and is retained in accordance with the Securities Act to the extent required thereby. 

(s) Each Holder represents that it has not prepared or had prepared on its behalf or used or referred to, and agrees that it will not prepare
or have prepared on its behalf or used or refer to, any Free Writing Prospectus without the prior written consent of the Company and, in connection with any underwritten Public Offering, the underwriters. 

(t) Following the listing of the Company Ordinary Shares, if any, the Company will use commercially reasonable efforts to cause the Registrable
Securities of the same class, to the extent any further action is required, to be similarly listed and to maintain such listing until such time as the securities cease to constitute Registrable Securities. 

(u) The Company shall, if such registration for an underwritten Public Offering is pursuant to a Registration Statement on Form S-3 or any similar short-form registration, include in such Registration Statement such additional information for marketing purposes as the managing underwriter(s) reasonably request(s). 

(v) The Company shall hold in confidence and not use or make any disclosure of information concerning a Holder provided to the Company without
such Holder’s consent, unless the Company reasonably determines (i) disclosure of such information is necessary to comply with federal or state securities laws, (ii) the disclosure of such information is necessary to avoid or correct
a misstatement or omission in any Registration Statement, (iii) the release of such information is ordered pursuant to a subpoena or other final, non-appealable order from a court or governmental body of
competent jurisdiction, or (iv) such information has been made generally available to the public other than by disclosure in violation of this Agreement or any other agreement known to the Company. The Company agrees that it shall, upon
learning that disclosure of such information concerning a Holder is sought in or by a court or governmental body of competent jurisdiction or through other means or otherwise determining that any such disclosure is required under the foregoing
clauses (i) through (iii), to the extent permitted by applicable law, give prompt written notice to such Holder and allow such Holder, at the Holder’s expense, to undertake appropriate action to prevent disclosure of, or to obtain a
protective order for, such information. 

  
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 (w) The Company agrees that nothing in this Agreement shall prohibit the Holders, at any
time and from time to time, from selling or otherwise transferring Registrable Securities pursuant to a private placement or other transaction which is not registered pursuant to the Securities Act. 

(x) Notwithstanding anything to the contrary in this Agreement, any Holder may make a written election (an “Opt-Out Election”) to no longer receive from the Company any Demand Notice, Shelf Takedown Notice, Piggyback Notice or Suspension Notice (other than a Suspension Notice with respect to a Registration
Statement as to which such Holder’s Registrable Securities are, or have been requested to be, included in) (each, a “Covered Notice”), and, following receipt of such Opt-Out Election, the
Company shall not be required to, and shall not, deliver any such Covered Notice to such Holder from the date of receipt of such Opt-Out Election and such Holder shall have no right to participate in any
Registration Statement or Public Offering as to which such Covered Notices pertain. An Opt-Out Election shall remain in effect until it has been revoked in writing and received by the Company. A Holder who
previously has given the Company an Opt-Out Election may revoke such election at any time in writing, and there shall be no limit on the ability of a Holder to issue and revoke subsequent Opt-Out Elections. 
 (y) For so long as the Company is subject to the requirements of Section 13, 14
or 15(d) of the Exchange Act, the Company covenants that it will file, in a timely manner, all reports required to be filed by it under the Securities Act and the Exchange Act (or, if the Company is subject to the requirements of Section 13, 14
or 15(d) of the Exchange Act but is not required to file such reports, it will, upon the request of any Holder, make publicly available such information), and, whether or not the Company is then subject to the requirements of Section 13, 14 or
15(d) of the Exchange Act, the Company covenants that it will make and keep public information available, as those terms are understood and defined in Rule 144, and take such further action as any Holder may reasonably request so as to enable such
Holder to sell Registrable Securities without registration under the Securities Act within the limitation of the exemptions provided by (a) Rule 144, as such Rule may be amended from time to time, or (b) any similar rule or regulation
hereafter adopted by the SEC. Upon the reasonable request of a Holder, the Company will deliver to such Holder a written statement that it has complied with the reporting requirements of Rule 144, the Securities Act and the Exchange Act. 

(z) (i) Until such time as the Company Ordinary Shares are registered under Section 12(b) or Section 12(g)
of the Exchange Act, the Company covenants that it will file, and (ii) thereafter at any time when the Company is not required to make such filings by the rules and regulations of the Commission, the Company covenants that it will use
commercially reasonable efforts to file, in each case with the Commission in a timely manner (which shall include any extensions obtained or any applicable grace periods) to the extent such filings are accepted by the Commission, all quarterly and
annual reports and current reports on Form 8-K that would be required to be filed with the Commission pursuant to Section 13 of the Exchange Act if the Company were required to file under such
section as a non-accelerated filer; provided, that in the case of current reports on Form 8-K, any such filing shall be made within five (5) Business Days of
when such filing would otherwise be required to be made with the Commission. In addition, the Company will make such information available to prospective purchasers of the Registrable Securities, securities analysts and broker-dealers who request it
in writing (it being understood that the availability of such information or reports on the Commission’s EDGAR system shall satisfy this requirement). 

  
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 4. Registration Expenses. Except as otherwise contained herein, the Company shall bear all
reasonable Registration Expenses incident to the Parties’ performance of or compliance with their respective obligations under this Agreement or otherwise in connection with any Demand Registration, Shelf Registration, Shelf Takedown Request or
Piggyback Registration (excluding any Selling Expenses), whether or not any Registrable Securities are sold pursuant to a Registration Statement. In addition, notwithstanding anything to the contrary herein, but without duplication of the
immediately preceding sentence or the terms of any other agreements, the Company shall pay the reasonable fees and disbursements of Kramer Levin Naftalis & Frankel LLP and Milbank LLP (along with one local counsel, to the extent reasonably
necessary, for any applicable jurisdiction) incurred on behalf of the Holders of Registrable Securities that were party to the Restructuring Support Agreement (as defined in the Backstop Commitment Agreement) on the date of its execution in
connection with the matters contemplated by this Agreement. 
 “Registration Expenses” shall include, without limitation,
(i) all registration, qualification and filing fees and expenses (including fees and expenses (A) of the Commission or FINRA, (B) incurred in connection with the listing of the Registrable Securities on the Trading Market, and
(C) in compliance with applicable state securities or “Blue Sky” laws (including reasonable fees and disbursements of counsel for the underwriters in connection with blue sky qualifications of the Registrable Securities as may be set
forth in any underwriting agreement)); (ii) expenses in connection with the preparation, printing, mailing and delivery of any registration statements, prospectuses and other documents in connection therewith and any amendments or supplements
thereto (including expenses of printing certificates for the Company’s Registrable Securities and printing prospectuses); (iii) analyst or investor presentation or road show expenses of the Company; (iv) messenger, telephone and delivery
expenses; (v) reasonable fees and disbursements of counsel (including any local counsel), auditors and accountants for the Company (including the expenses incurred in connection with “comfort letters” required by or incident to such
performance and compliance); (vi) the reasonable fees and disbursements of underwriters to the extent customarily paid by issuers or sellers of securities (including, if applicable, the fees and expenses of any “qualified independent
underwriter” (and its counsel)) that is required to be retained in accordance with the rules and regulations of FINRA and the other reasonable fees and disbursements of underwriters (including reasonable fees and disbursements of counsel for
the underwriters) in connection with any FINRA qualification; (vii) fees and expenses of any special experts retained by the Company; (viii) Securities Act liability insurance, if the Company so desires such insurance; (ix) fees and
expenses payable in connection with any ratings of the Registrable Securities, including expenses relating to any presentations to rating agencies; (x) internal expenses of the Company (including all salaries and expenses of its officers and
employees performing legal or accounting duties); (xi) transfer agents’ and registrars’ fees and expenses and the fees and expenses of any other agent or trustee appointed in connection with such offering. In addition, the Company shall be
responsible for all of its expenses incurred in connection with the consummation of the transactions contemplated by this Agreement (including expenses payable to third parties and including all salaries and expenses of the Company’s officers
and employees performing legal or accounting duties), the expense of any annual audit and any underwriting fees, discounts, selling commissions and stock transfer taxes and related legal and other fees applicable to securities sold by the Company
and in respect of which proceeds are received by the Company. 

  
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Each Holder shall pay any Selling Expenses applicable to the sale or disposition of such Holder’s Registrable Securities pursuant to any Demand Registration Statement or Piggyback Offering,
or pursuant to any Shelf Registration Statement under which such selling Holder’s Registrable Securities were sold, and in any other fees and expenses not constituting Registration Expenses in proportion to the amount of such selling
Holder’s shares of Registrable Securities sold in any offering under such Demand Registration Statement, Piggyback Offering or Shelf Registration Statement. 

5. Lock-Up Agreements. 

(a) Holder Lock-Up. In connection with any underwritten Public Offering of Company
Ordinary Shares expected to result in gross proceeds of at least $75,000,000, if requested by (i) the managing underwriters of such Public Offering and (ii) the Company, in the case of a Company-initiated Public Offering, or
the Holders of a Majority of Included Registrable Securities, in the case of any Underwritten Shelf Takedown or Underwritten Demand pursuant to Section 2(a) or 2(b), each Holder of Registrable Securities participating in
such Public Offering and, if requested by the managing underwriters of such Public Offering, each other Holder of Registrable Securities shall enter into a customary lock-up agreement with the managing
underwriters of such Public Offering to not make any sale or other disposition of any of the Company’s Capital Stock owned by such Holder (a “Lock-Up Agreement”); provided
that all executive officers and directors of the Company and the Holders requesting such Lock-Up Agreements are bound by and have entered into substantially similar
Lock-Up Agreements; provided, further, that nothing herein shall prevent any Holder from making a distribution of Registrable Securities to any of its partners, members or stockholders thereof or
a transfer of Registrable Securities to an Affiliate that is otherwise in compliance with the applicable securities laws, so long as such distributees or transferees, as applicable, agree to be bound by the restrictions set forth in this
Section 5(a); provided, further, that the foregoing provisions shall only be applicable to the Holders if all shareholders, officers and directors are treated similarly with respect to any release prior to the
termination of the lock-up period such that if any such persons are released, then all Holders shall also be released to the same extent on a pro rata basis. The Company may impose stop-transfer
instructions with respect to the shares of Capital Stock (or other securities) subject to the restrictions set forth in this Section 5(a) until the end of the applicable period of the
Lock-Up Agreement. The provisions of this Section 5(a) shall cease to apply to such Holder once such Holder no longer beneficially owns any Registrable Securities. 

(b) Lock-Up Agreements. The Lock-Up Agreement shall
provide that, unless the underwriters managing such underwritten Public Offering otherwise agree in writing, such Holder shall not (A) offer, sell, contract to sell, pledge or otherwise dispose of (including sales pursuant to Rule 144),
directly or indirectly, any Capital Stock of the Company (including Capital Stock of the Company that may be deemed to be owned beneficially by such Holder in accordance with the rules and regulations of the Commission) (collectively,
“Equity Securities”), (B) enter into a transaction which would have the same effect as described in clause (A) above, (C) enter into any swap, hedge or other arrangement that transfers, in whole or in part, any of the
economic consequences or ownership of any Equity Securities, whether such transaction is to be settled by delivery of such Equity Securities, in cash or otherwise, in each case commencing on the date requested by the managing underwriters (which
shall be no earlier than seven (7) days prior to the anticipated “pricing” date for such Public Offering) and continuing to the date that is ninety (90) days following the date of the final prospectus for such
Public Offering (a “Holdback Period”). 

  
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 (c) Company Lock-Up. In connection with any
underwritten Public Offering, and upon the reasonable request of the managing underwriters, the Company shall: (i) agree to a customary lock-up provision applicable to the Company in an
underwriting agreement as reasonably requested by the managing underwriters during any Holdback Period; and (ii) cause each of its executive officers and directors to enter into Lock-Up Agreements,
in each case, in customary form and substance, and with exceptions that are customary, for an underwritten Public Offering of such type and size. 
 6.
Indemnification. 
 (a) The Company shall indemnify, defend and hold harmless each Holder, its partners, shareholders,
equityholders, general partners, limited partners, managers, members, and Affiliates and each of their respective officers and directors and any Person who controls any such Holder (within the meaning of Section 15 of the Securities Act
or Section 20 of the Exchange Act) and any agent or employee of any of the foregoing (collectively, “Holder Indemnified Persons”), and any underwriter that facilitates the sale of the Registrable Securities and any
Person who controls such underwriter (within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act), to the fullest extent permitted by applicable law, from and against any and all losses, claims,
damages, liabilities, joint or several, costs (including reasonable costs of preparation and investigation and reasonable attorneys’, accountants’ and experts’ fees, whether or not the Indemnified Person is a party to any Proceeding)
and expenses, judgments, fines, penalties, interest, settlements or other amounts arising from any and all Proceedings, whether civil, criminal, administrative or investigative, in which any Indemnified Person may be involved, or is threatened to be
involved, as a party or otherwise, under the Securities Act or otherwise (collectively, “Losses”), as incurred, arising out of, based upon, resulting from or relating to (i) any untrue or alleged untrue statement of a material
fact contained in any Registration Statement under which any Registrable Securities were registered, Prospectus, preliminary prospectus, road show, as defined in Rule 433(h)(4) under the Securities Act (a “road show”), or in any
summary or final prospectus or Issuer Free Writing Prospectus or in any amendment or supplement thereto or in any documents incorporated by reference in any of the foregoing or (ii) any omission or alleged omission to state therein a
material fact required to be stated therein or necessary, in the case of any Prospectus, preliminary prospectus, road show or Issuer Free Writing Prospectus, in light of the circumstances under which they were made, to make the statements therein
not misleading, or (iii) any violation or alleged violation by the Company or any of its Subsidiaries of any federal, state or common law rule or regulation relating to action or inaction in connection with any Company-provided information in
such registration, disclosure document or related document or report, and the Company will reimburse such Indemnified Person for any legal or other documented expenses reasonably incurred by it in connection with investigating or defending any such
Proceeding; provided, however, that the Company shall not be liable to any Indemnified Person to the extent that any such Losses arise out of, are based upon or results from an untrue or alleged untrue statement or omission or alleged
omission made in such Registration Statement, such preliminary, summary or final prospectus or Issuer Free Writing Prospectus or such amendment or supplement, in reliance upon and in conformity with written information furnished to the Company by or
on behalf of such Indemnified Person specifically for use in the preparation thereof. 

  
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 (b) In connection with any Registration Statement filed by the Company pursuant to
Section 2 hereof in which a Holder has registered for sale its Registrable Securities, each such selling Holder agrees (severally and not jointly) to indemnify, defend and hold harmless, to the fullest extent permitted by
law, the Company, its directors and officers, Affiliates, employees, members, managers, agents and each Person who controls the Company (within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act) and any
agent or employee of any of the foregoing (together with Holder Indemnified Persons, collectively, “Indemnified Persons”), from and against any Losses resulting from (i) any untrue statement of a material fact contained in any
Registration Statement under which such Registrable Securities were registered, Prospectus, preliminary prospectus, road show, Issuer Free Writing Prospectus, or any amendment thereof or supplement thereto or any documents incorporated by reference
therein, or (ii) any omission to state therein a material fact required to be stated therein or necessary, in the case of any Prospectus, preliminary prospectus, road show, Issuer Free Writing Prospectus, in light of the circumstances under
which they were made, to make the statements therein not misleading, in each case to the extent, but only to the extent, that such untrue statement or omission is contained in any information furnished in writing by or on behalf of such selling
Holder to the Company specifically for inclusion therein and has not been corrected in a subsequent writing prior to the sale of the Registrable Securities. In no event shall the liability of any selling Holder hereunder be greater in amount than
the dollar amount of the net proceeds (after deducting underwriters’ discounts, fees and commissions) received by such Holder under the sale of Registrable Securities giving rise to such indemnification obligation less any amounts paid
(including such Holder’s share of any other Selling Expenses) by such Holder in connection with such sale and any amounts paid by such Holder as a result of liabilities incurred under the underwriting agreement, if any, related to such sale.

 (c) Any Indemnified Person shall give prompt written notice to the indemnifying party of any claim with respect to which it seeks
indemnification under this Section 6 (provided that any delay or failure to so notify the Person obligated to indemnify the Indemnified Person with respect to such claim (the “indemnifying party”)
shall not relieve the indemnifying party of its obligations hereunder except to the extent, if at all, that it is actually and materially prejudiced by reason of such delay or failure). The indemnifying party shall be entitled to assume the defense
of such claim with counsel reasonably satisfactory to the Indemnified Person; provided, however, that any Indemnified Person shall have the right to select and employ its own counsel (and one local counsel in each relevant
jurisdiction), and the indemnifying party shall bear the reasonable documented fees, costs and expenses of such separate counsel if (A) the Indemnified Person has reasonably concluded (based upon advice of its counsel) that there may be legal
defenses available to it or other Indemnified Persons that are different from or in addition to those available to the indemnifying party, or (B) in the reasonable judgment of any such Indemnified Person (based upon advice of its counsel) a
conflict of interest may exist between such Indemnified Person and the indemnifying party with respect to such claims; (C) the indemnifying party shall not have employed counsel satisfactory to the Indemnified Person to represent the
Indemnified Person within a reasonable time after notice of the institution of such action; (D) the indemnifying party shall authorize the Indemnified Person to employ separate counsel at the expense of the indemnifying party; or (E) the
indemnifying party shall have failed to assume the defense of such 

  
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claim within a reasonable time after receipt of notice of such claim from the Indemnified Person and employ counsel reasonably satisfactory to such Indemnified Person. An indemnifying party shall
not be liable under this Section 6(c) to any Indemnified Person regarding any settlement or compromise or consent to the entry of any judgment with respect to any pending or threatened claim, action, suit or proceeding in
respect of which indemnification or contribution may be sought hereunder (whether or not the Indemnified Person is an actual or potential party to such claim or action) unless such settlement, compromise or consent is consented to by such
indemnifying party, which consent shall not be unreasonably withheld, conditioned or delayed. No action may be settled without the written consent of the Indemnified Person, which consent shall not be unreasonably withheld, conditioned or delayed,
provided that the consent of the Indemnified Person shall not be required if (A) such settlement includes an unconditional release of such Indemnified Person in form and substance satisfactory to such Indemnified Person from all
liability on the claims that are the subject matter of such settlement, (B) such settlement provides for the payment by the indemnifying party of money as the sole relief for such action, and (C) such settlement does not include any
statement as to or any admission of fault, culpability or a failure to act by or on behalf of any Indemnified Person. It is understood that the indemnifying party or parties shall not, except as specifically set forth in this
Section 6(c), in connection with any Proceeding or related Proceedings in the same jurisdiction, be liable for the reasonable fees, disbursements or other charges of more than one separate firm admitted to practice in such
jurisdiction at any one time. 
 (d) In the event that the indemnity provided in Section 6(a) or
Section 6(b) above is unavailable to or insufficient to hold harmless an Indemnified Person for any reason, then each applicable indemnifying party agrees to contribute to the aggregate Losses (including reasonable costs of
preparation and investigation and reasonable attorneys’, accountants’ and experts’ fees, whether or not the Indemnified Person is a party to any Proceeding) to which such indemnifying party may be subject in such proportion as is
appropriate to reflect the relative benefits received by the indemnifying party on the one hand and by the Indemnified Person on the other from the Public Offering of the Company Ordinary Shares; provided, however, that the maximum
amount of liability in respect of such contribution shall be limited in the case of any Holder to the net proceeds (after deducting underwriters’ discounts, fees and commissions and other Selling Expenses) received by such Holder in connection
with such registration. If, however, the allocation provided by the immediately preceding sentence is not permitted by applicable law, then each indemnifying party shall contribute to such amount paid or payable by such Indemnified Person in such
proportion as is appropriate to reflect not only such relative benefits but also the relative fault of the indemnifying party on the one hand and the Indemnified Person on the other in connection with the statements or omissions which resulted in
such Losses, as well as any other relevant equitable considerations. The relative fault shall be determined by reference to, among other things, whether the untrue or alleged untrue statement of a material fact or the omission or alleged omission to
state a material fact relates to information supplied by the indemnifying party on the one hand or the Indemnified Person on the other and the parties’ relative intent, knowledge, access to information and opportunity to correct or prevent such
statement or omission. 
 (e) The Parties agree that it would not be just and equitable if contribution pursuant to
Section 6(d) were determined by pro rata allocation (even if the Holders of Registrable Securities or any agents or underwriters or all of them were treated as one entity for such purpose) or by any other method of
allocation which does not take account of the equitable considerations referred to above in Section 6(d). The amount paid or payable by an Indemnified Person as a result of the Losses referred to above in
Section 6(d) shall be deemed to include any reasonable legal or other reasonable documented out-of-pocket expenses incurred by such Indemnified
Person in connection with investigating or defending any such action or claim. 

  
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 (f) Notwithstanding the provisions of Section 6(d), no Person
guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any Person who was not guilty of such fraudulent misrepresentation. 

(g) For purposes of Section 6(d), each Person who controls any Holder, agent or underwriter (within the meaning of
Section 15 of the Securities Act or Section 20 of the Exchange Act), and each director, officer, employee and agent of any such Holder, agent or underwriter, shall have the same rights to contribution as such Holder, agent or underwriter,
and each Person who controls the Company (within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act) and each officer and director of the Company shall have the same rights to contribution as the Company
subject in each case to the applicable terms and conditions of this Section 6(g). 
 (h) The provisions of this
Section 6 will remain in full force and effect, regardless of any investigation made by or on behalf of any Holder or the Company or any of the officers, directors or controlling Persons referred to in this
Section 6 hereof, and will survive the transfer of Registrable Securities. 
 (i) The remedies provided for in this
Section 6 are not exclusive and shall not limit any rights or remedies which may otherwise be available to any Indemnified Person at law or in equity. 

7. Miscellaneous. 
 (a) Specific
Performance; Remedies. Each Party acknowledges and agrees that the other Parties would be damaged irreparably if any provision of this Agreement were not performed in accordance with its specific terms or were otherwise breached and each Party
further agrees that it shall not oppose any such demand for specific performance on the basis that monetary damages are available. Accordingly, the Parties will be entitled to an injunction or injunctions to prevent breaches of the provisions of
this Agreement and to enforce specifically this Agreement and its provisions in any action or proceeding instituted in any court of the United States or any state thereof having jurisdiction over the parties and the matter, in addition to any other
remedy to which they may be entitled, at law or in equity. Except as expressly provided herein, the rights, obligations and remedies created by this Agreement are cumulative and in addition to any other rights, obligations or remedies otherwise
available at law or in equity. Except as expressly provided herein, nothing herein will be considered an election of remedies. The Parties agree that monetary damages would not provide adequate compensation for any losses incurred by reason of a
breach by it of any of the provisions of this Agreement and further agree that, in the event of any action for specific performance in respect of such breach, it shall waive the defense that a remedy at law would be adequate and shall waive any
requirement for the posting of a bond or other security. 

  
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 (b) Discontinued Disposition. Each Holder agrees by its acquisition of Registrable
Securities that, upon receipt of a notice from the Company of the occurrence of any event of the kind described in clauses (ii) through (iv) of Section 3(d) or the occurrence of a Suspension Period, such Holder will
forthwith discontinue disposition of such Registrable Securities under the Registration Statement until such Holder’s receipt of the copies of the supplemental Prospectus or amended Registration Statement or until it is advised in writing by
the Company that the use of the applicable Prospectus may be resumed, and, in either case, has received copies of any additional or supplemental filings that are incorporated or deemed to be incorporated by reference in such Prospectus or
Registration Statement. The Company may provide appropriate stop orders to enforce the provisions of this Section 7(b). In the event the Company shall give any such notice, the period during which the applicable
Registration Statement is required to be maintained effective shall be extended by the number of days during the period from and including the date of the giving of such notice to and including the date when each seller of Registrable Securities
covered by such Registration Statement either receives the copies of the supplemented or amended Prospectus or is advised in writing by the Company that the use of the Prospectus may be resumed. 

(c) Amendments. This Agreement may be amended, modified, extended or terminated, and the provisions hereof may be waived, only with
(i) the prior written consent of the Company and (ii) the affirmative vote of Holders of a Majority of Registrable Securities; provided that in no event shall the obligations of any Holder of Registrable Securities be increased or
the rights of any Holder be materially adversely affected (without similarly increasing or adversely affecting the rights of all Holders), except with the written consent of such Holder; provided further, that
Section 3(y) shall not be amended except with the affirmative vote of Holders of 75% of Registrable Securities. Notwithstanding the foregoing, a waiver or consent to depart from the provisions hereof with respect to a
matter that relates exclusively to the rights of Holders of Registrable Securities whose securities are being sold pursuant to a Registration Statement and that does not directly or indirectly affect the rights of other Holders of Registrable
Securities may be given by Holders of at least a majority of the Registrable Securities being sold by such Holders pursuant to such Registration Statement. 

(d) Waivers. No waiver by any Party of any default, misrepresentation or breach of warranty or covenant hereunder, whether intentional
or not, may be deemed to extend to any prior or subsequent default, misrepresentation or breach of warranty or covenant hereunder or affect in any way any rights arising because of any such prior or subsequent occurrence. Neither the failure nor any
delay on the part of any Party to exercise any right or remedy under this Agreement shall operate as a waiver thereof, nor shall any single or partial exercise of any right or remedy preclude any other or further exercise of the same or of any other
right or remedy. 
 (e) Termination and Effect of Termination. This Agreement shall terminate with respect to each Holder when such
Holder no longer holds any Registrable Securities and will terminate in full when no Holder holds any Registrable Securities, except for the provisions of Section 6, which shall survive any such termination. No termination
under this Agreement shall relieve any Person of liability for breach or Registration Expenses incurred prior to termination. In the event this Agreement is terminated, each Person entitled to indemnification rights pursuant to
Section 6 shall retain such indemnification rights with respect to any matter that (i) may be an indemnified liability thereunder and (ii) occurred prior to such termination. 

  
 - 34 - 

 (f) Notices. Any and all notices or other communications or deliveries required or
permitted to be provided hereunder shall be in writing and shall be deemed given and effective on the earliest of (i) the date of transmission, if such notice or communication is delivered via facsimile (with confirmation of delivery) or
electronic mail in PDF or similar electronic or digital format (with confirmation of receipt) at or prior to 5:00 p.m. (New York time) on a Business Day in the place of receipt, (ii) the Business Day after the date of transmission, if such
notice or communication is delivered via facsimile (with confirmation of delivery) or electronic mail in PDF or similar electronic or digital format (with confirmation of receipt) later than 5:00 p.m. (New York time) on any date and at or prior
to 11:59 p.m. (New York time) on such date, (iii) the Business Day following the date of mailing, if sent by nationally recognized overnight courier service and (iv) upon actual receipt by the Party to whom such notice is required to be
given. The address for such notices and communications shall be as follows (or at such other address as shall be given in writing by any Party to the other Parties): 

If to the Company: 
 Noble
Corporation 
 13135 Dairy Ashford Rd. Ste. 800 

Sugar Land, TX 77478 
 Attention:
        William Turcotte 
 E-Mail:
            wturcotte@noblecorp.com 
 If to any other Person who is then a Holder, to
the address of such Holder as it appears on the signature pages hereto or such other address as may be designated in writing hereafter by such Person. 

(g) Successors and Assigns; Transfers; New Issuances. This Agreement shall be binding upon and inure to the benefit of the Parties
hereto and their respective heirs, executors, administrators, successors and legal representatives. The rights of a Holder hereunder may be transferred, assigned, or otherwise conveyed on a pro rata basis in connection with any transfer, assignment,
or other conveyance of Registrable Securities to any transferee or assignee; provided that all of the following additional conditions are satisfied with respect to any transfer, assignment or conveyance of rights hereunder:
(i) such transfer or assignment is made in compliance with the Securities Act, any other applicable securities or “blue sky” laws, or rules or regulations promulgated by FINRA, and the terms and conditions of the organizational
documents of the Company; (ii) such transferee or assignee shall have delivered to the Company a joinder agreement in substantially the form attached hereto as Exhibit A agreeing to become subject to and bound by the terms of this
Agreement; and (iii) the Company is given written notice by such Holder of such transfer or assignment, stating the name and address of the transferee or assignee, identifying the Registrable Securities with respect to which such rights
are being transferred or assigned and the total number of Registrable Securities and other Capital Stock of the Company beneficially owned by such transferee or assignee. Notwithstanding any other provision of this Agreement to the contrary, the
Company shall not transfer or assign its rights or obligations hereunder without the prior written consent of each Holder. 

  
 - 35 - 

 (h) Governing Law. This Agreement, and any claim, controversy or dispute arising
under or related to this Agreement, shall be governed by, and construed in accordance with, the laws of the State of New York. 
 (i)
Submission to Jurisdiction. Each of the Parties, by its execution of this Agreement, (i) hereby irrevocably submits to the exclusive jurisdiction of the United States District Court for the Southern District of New York and the state
courts sitting in the State of New York, County of New York for the purpose of any Proceeding arising out of or based upon this Agreement or relating to the subject matter hereof, (ii) hereby waives to the extent not prohibited by applicable
law, and agrees not to assert, and agrees not to allow any of its Subsidiaries to assert, by way of motion, as a defense or otherwise, in any such action, any claim that it is not subject personally to the jurisdiction of the above-named courts,
that its property is exempt or immune from attachment or execution, that any such Proceeding brought in one of the above-named courts is improper, or that this Agreement or the subject matter hereof or thereof may not be enforced in or by such court
and (iii) hereby agrees not to commence or maintain any Proceeding arising out of or based upon this Agreement or relating to the subject matter hereof or thereof other than before one of the above-named courts nor to make any motion or take
any other action seeking or intending to cause the transfer or removal of any such Proceeding to any court other than one of the above-named courts whether on the grounds of inconvenient forum or otherwise. Notwithstanding the foregoing, to the
extent that any party hereto is or becomes a party in any litigation in connection with which it may assert indemnification rights set forth in this Agreement, the court in which such litigation is being heard shall be deemed to be included in
clause (i) above. Notwithstanding the foregoing, any party to this Agreement may commence and maintain an action to enforce a judgment of any of the above-named courts in any court of competent jurisdiction. Each party hereto hereby consents to
service of process in any such Proceeding in any manner permitted by New York law, and agrees that service of process by registered or certified mail, return receipt requested, at its address specified pursuant to
Section 7(f) hereof is reasonably calculated to give actual notice. 
 (j) Waiver of Venue. The Parties
irrevocably and unconditionally waive, to the fullest extent permitted by applicable law, (i) any objection that they may now or hereafter have to the laying of venue of any Proceeding arising out of or relating to this Agreement in any court
referred to in Section 7(i) and (ii) the defense of an inconvenient forum to the maintenance of such Proceeding in any such court. 

(k) WAIVER OF JURY TRIAL. EACH PARTY ACKNOWLEDGES THAT ANY DISPUTE THAT MAY ARISE OUT OF OR RELATING TO THIS AGREEMENT IS LIKELY TO
INVOLVE COMPLICATED AND DIFFICULT ISSUES, AND THEREFORE SUCH PARTY HEREBY EXPRESSLY WAIVES ITS RIGHT TO JURY TRIAL OF ANY DISPUTE BASED UPON OR ARISING OUT OF THIS AGREEMENT OR ANY OTHER AGREEMENTS RELATING HERETO OR ANY DEALINGS AMONG THEM RELATING
TO THE TRANSACTIONS CONTEMPLATED HEREBY. THE SCOPE OF THIS WAIVER IS INTENDED TO ENCOMPASS ANY AND ALL ACTIONS, SUITS AND PROCEEDINGS THAT RELATE TO THE SUBJECT MATTER OF THE TRANSACTIONS CONTEMPLATED HEREBY, INCLUDING CONTRACT CLAIMS, TORT CLAIMS,
BREACH OF DUTY CLAIMS, AND ALL OTHER COMMON LAW AND STATUTORY CLAIMS. EACH PARTY REPRESENTS THAT (i) NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PARTY HAS  

  
 - 36 - 

 
REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PARTY WOULD NOT IN THE EVENT OF ANY ACTION, SUIT OR PROCEEDING, SEEK TO ENFORCE THE FOREGOING WAIVER, (ii) SUCH PARTY UNDERSTANDS AND
WITH THE ADVICE OF COUNSEL HAS CONSIDERED THE IMPLICATIONS OF THIS WAIVER, (iii) SUCH PARTY MAKES THIS WAIVER VOLUNTARILY AND (iv) SUCH PARTY HAS BEEN INDUCED TO ENTER INTO THIS AGREEMENT BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND
REPRESENTATIONS IN THIS SECTION 7(k). 
 (l) Severability. If any term, provision, covenant or restriction of this
Agreement is held by a court of competent jurisdiction to be invalid, illegal, void or unenforceable, the remainder of the terms, provisions, covenants and restrictions set forth herein shall remain in full force and effect and shall in no way be
affected, impaired or invalidated, and the Parties shall use their commercially reasonable efforts to find and employ an alternative means to achieve the same or substantially the same result as that contemplated by such term, provision, covenant or
restriction. It is hereby stipulated and declared to be the intention of the Parties that they would have executed the remaining terms, provisions, covenants and restrictions without including any of such that may be hereafter declared invalid,
illegal, void or unenforceable. 
 (m) Entire Agreement. This Agreement constitutes the entire agreement among the Parties with
respect to the subject matter hereof and supersedes all prior contracts or agreements with respect to the subject matter hereof and supersedes any and all prior or contemporaneous discussions, agreements and understandings, whether oral or written,
that may have been made or entered into by or among any of the Parties or any of their respective Affiliates relating to the transactions contemplated hereby. 

(n) Execution of Agreement. This Agreement may be executed and delivered (by facsimile, by electronic mail PDF or otherwise) in any
number of counterparts, each of which, when executed and delivered, shall be deemed an original, and all of which together shall constitute the same agreement. 

(o) Determination of Ownership. In determining ownership of Company Ordinary Shares hereunder for any purpose, the Company may rely
solely on the records of the transfer agent for the Company Ordinary Shares, other Capital Stock from time to time, or, if no such transfer agent exists, the Company’s ledger. 

(p) Headings; Section References. The headings in this Agreement are for convenience of reference only and shall not limit or otherwise
affect the meaning hereof. 
 (q) No Recourse. Notwithstanding anything that may be expressed or implied in this Agreement, and
notwithstanding the fact that certain of the Holders may be partnerships or limited liability companies, each of the Holders and the Company agrees and acknowledges that no recourse under this Agreement or any documents or instruments delivered in
connection with this Agreement shall be had against any of the Company’s or the Holder’s former, current or future direct or indirect equity holders, controlling persons, stockholders, directors, officers, employees, agents,
Representatives, Affiliates, members, financing sources, managers, general or limited partners or assignees (each, a “Related Party” and collectively, the “Related Parties”), in each case

  
 - 37 - 

 
other than the Company, the current or former Holders or any of their respective assignees under this Agreement, whether by the enforcement of any assessment or by any legal or equitable
Proceeding, or by virtue of any applicable law, it being expressly agreed and acknowledged that no personal liability whatsoever shall attach to, be imposed on or otherwise be incurred by any of the Related Parties, as such, for any obligation or
liability of the Company or the Holders under this Agreement or any documents or instruments delivered in connection herewith for any claim based on, in respect of or by reason of such obligations or liabilities or their creation; provided,
however, nothing in this Section 7(q) shall relieve or otherwise limit the liability of the Company or any current or former Holder, as such, for any breach or violation of its obligations under this Agreement or
such agreements, documents or instruments. 
 (r) Descriptive Headings; Interpretation; No Strict Construction. Unless the context
requires otherwise: (i) any pronoun used in this Agreement shall include the corresponding masculine, feminine or neuter forms; (ii) references to Sections, paragraphs and clauses refer to Sections, paragraphs and clauses of this
Agreement; (iii) the terms “include,” “includes,” “including” or words of like import shall be deemed to be followed by the words “without limitation”; (iv) the terms
“hereof,” “herein” or “hereunder” refer to this Agreement as a whole and not to any particular provision of this Agreement; (v) unless the context otherwise requires, the term “or” is
not exclusive and shall have the inclusive meaning of “and/or”; (vi) defined terms herein will apply equally to both the singular and plural forms and derivative forms of defined terms will have correlative meanings; (vii) references
to any law or statute shall be deemed to refer to such law or statute as amended or supplemented from time to time and shall include all rules and regulations and forms promulgated thereunder, and references to any law, rule, form or statute shall
be construed as including any legal and statutory provisions, rules or forms consolidating, amending, succeeding or replacing the applicable law, rule, form or statute; (viii) references to any agreement or contract are to that agreement or
contract as amended, modified or supplemented from time to time in accordance with the terms hereof and thereof; (ix) references to any Person include such Person’s successors and permitted assigns; (x) references to “days”
are to calendar days unless otherwise indicated; and (xi) references to “writing”, “written” and comparable terms refer to printing, typing and other means of reproducing words (including electronic media) in a visible form.
Each of the parties hereto acknowledges that each party was actively involved in the negotiation and drafting of this Agreement and agrees that no law or rule of construction shall be raised or used in which the provisions of this Agreement shall be
construed in favor or against any party hereto because one is deemed to be the author thereof. All references to laws, rules, regulations and forms in this Agreement shall be deemed to be references to such laws, rules, regulations and forms, as
amended from time to time or, to the extent replaced, the comparable successor thereto in effect at the time. All references to agencies, self-regulatory organizations or governmental entities in this Agreement shall be deemed to be references to
the comparable successors thereto from time to time. 
 (s) Recapitalizations, Exchanges, etc. The provisions of this Agreement shall
apply to the fullest extent set forth herein with respect to (i) the Company Ordinary Shares, (ii) any and all securities into which Company Ordinary Shares are converted, exchanged or substituted in any recapitalization or other capital
reorganization by the Company and (iii) any and all equity securities of the Company or any successor or assign of the Company (whether by merger, consolidation, sale of assets or otherwise) which may be issued in respect of, in conversion of,
in exchange for or in substitution of, the Company Ordinary Shares and shall be appropriately 

  
 - 38 - 

 
adjusted for any stock dividends, splits, reverse splits, combinations, recapitalizations and the like occurring after the date hereof. The Company shall cause any successor or assign (whether by
merger, consolidation, sale of assets or otherwise) to assume the obligations of the Company under this Agreement or enter into a new registration rights agreement with the Holders on terms substantially the same as this Agreement as a condition of
any such transaction. 
 (t) Aggregation. All Registrable Securities owned or acquired by any Holder or its Affiliated entities or
Persons (assuming full conversion, exchange and exercise of all convertible, exchangeable and exercisable securities into Registrable Securities) shall be aggregated together for the purpose of determining the availability of any right under this
Agreement, and for purposes concerning any underwriting cutback provision, any such Holder and its Affiliates shall be deemed to be a single participating Holder, and any proportionate reduction with respect to such participating Holder shall be
based upon the aggregate number of Registrable Securities owned by all Persons included in such participating Holder. 
 (u) Further
Assurances. Each of the Parties to this Agreement shall, and shall cause their Affiliates to, execute and deliver such additional documents, instruments, conveyances and assurances and take such further actions as may be reasonably required to
carry out the provisions hereof and to give effect to the transactions contemplated hereby. 
 (v) No Third-Party Beneficiaries. This
Agreement is for the sole benefit of the Parties hereto (including any future parties pursuant to Section 7(g)) and their respective successors and permitted assigns and nothing herein, express or implied, is intended to or
shall confer upon any other Person any legal or equitable right, benefit or remedy of any nature whatsoever, under or by reason of this Agreement. 

[Signature Pages Follow] 

  
 - 39 - 

 IN WITNESS WHEREOF, the Parties have executed this Registration Rights Agreement as of the
date first written above. 
  

			
	NOBLE CORPORATION
		
	By:	 	 /s/ Richard B. Barker

	Name:	 	Richard B. Barker
	Title:	 	Senior Vice President and Chief Financial Officer

 [Signature Page to Registration Rights Agreement] 

 IN WITNESS WHEREOF, the Parties hereto have executed this Registration Rights Agreement on
the date first written above. 
  

			
	AVENUE ENERGY OPPORTUNITIES FUND II, L.P.
	
	By: Avenue Energy Opportunities Partners II, LLC, its General Partner
	
	By: GL Energy Opportunities Partners II, LLC, its Managing Member
		
	By:	 	             /s/ Sonia Gardner

	Name:	 	            Sonia Gardner
	Title:	 	            Authorized Signatory
	
	Address:
	11 West 42nd Street, 9th Floor
	New York, NY 10036
	Attn: Matthew Kimble
	Email: mkimble@avenuecapital.com

 [Signature Page to Registration Rights Agreement (Equity)] 

 IN WITNESS WHEREOF, the Parties hereto have executed this Registration Rights Agreement on
the date first written above. 
  

			
	AVENUE ENERGY OPPORTUNITIES FUND II AIV, L.P.
	
	By: Avenue Energy Opportunities Partners II, LLC, its General Partner
	
	By: GL Energy Opportunities Partners II, LLC, its Managing Member
		
	By:	 	             /s/ Sonia Gardner

	Name:	 	            Sonia Gardner
	Title:	 	            Authorized Signatory
	
	Address:
	11 West 42nd Street, 9th Floor
	New York, NY 10036
	Attn: Matthew Kimble
	Email: mkimble@avenuecapital.com

  
 [Signature Page to
Registration Rights Agreement (Equity)] 

 IN WITNESS WHEREOF, the Parties hereto have executed this Registration Rights Agreement on
the date first written above. 
  

			
	PACIFIC INVESTMENT MANAGEMENT COMPANY LLC, on behalf of each Holder identified in Annex A attached hereto1, for which it serves as investment manager, adviser
or sub-adviser
		
	By:	 	             /s/ Jonathan Horne

	Name:	 	Jonathan Horne
	Title:	 	Managing Director
	
	Address:
	Pacific Investment Management Company LLC
	650 Newport Center Drive
	Newport Beach, CA 92660
	Attn: The Control Group
	Email: controlgroupNB@pimco.com

  
  

	1 	 The obligations arising out of this instrument are several and not joint with respect to each participating
Backstop Party, in accordance with its Registrable Securities, and the parties agree not to proceed against any Backstop Party for the obligations of another. To the extent a Backstop Party is a registered investment company (“Trust”) or a
series thereof, a copy of the Declaration of Trust of such Trust is on file with the Secretary of State of The Commonwealth of Massachusetts or Secretary of State of the State of Delaware. The obligations of or arising out of this instrument are not
binding upon any of such Trust’s trustees, officers, employees, agents or shareholders individually, but are binding solely upon the assets and property of the Trust in accordance with its Registrable Securities. If this instrument is executed
by or on behalf of a Trust on behalf of one or more series of the Trust, the assets and liabilities of each series of the Trust are separate and distinct and the obligations of or arising out of this instrument are binding solely upon the assets or
property of the series on whose behalf this instrument is executed. If this agreement is being executed on behalf of more than one series of a Trust, the obligations of each series hereunder shall be several and not joint, in accordance with its
Registrable Securities, and the parties agree not to proceed against any series for the obligations of another. 

 The
obligations of or arising out of this instrument are not binding upon the PIMCO Bermuda Trust II’s (the “Bermuda Trust”) trustee, or any officer, director, employee, agent or servant or any other person appointed by the trustee, or
unitholders individually, but are binding solely upon the assets and property of the Bermuda Trust in accordance with its Registrable Securities. If this instrument is executed by or on behalf of the Bermuda Trust on behalf of one or more series of
the Bermuda Trust, the assets and liabilities of each series of the Bermuda Trust are separate and distinct and the obligations of or arising out of this instrument are binding solely upon the assets or property of the series on whose behalf this
instrument is executed. 
 PIMCO Funds: Global Investors Series plc is an Irish umbrella company with segregated liability between
sub-funds. As a result, as a matter of Irish law, any liability attributable to a particular sub-fund may only be discharged out of the assets of that sub-fund and the assets of other sub-funds may not be used to satisfy the limited liability of
that sub-fund. 
 To the extent a Backstop Party is a trust established under the laws of a province or territory of Canada (a
“Canadian Trust”), the obligations of or arising out of this instrument are not binding upon (i) the Canadian Trust’s trustee or investment fund manager, (ii) any officer, director, employee or agent of the Canadian Trust’s
trustee or investment fund manager, or (iii) any unitholder of the Canadian Trust, but are binding solely upon the property of the Canadian Trust in accordance with its Registrable Securities. 

  
 [Signature Page to
Registration Rights Agreement (Equity)] 

 Annex A 

Holder 
 Bakery and Confectionery Union and
Industry International Pension Fund 
 Bridge Builder Trust: Bridge Builder Core Plus Bond Fund 

Lehigh Valley Hospital, Inc. 
 Obligations à Haut Rendement
a sub-fund of RP – Fonds institutionnel 
 PIMCO Bermuda Trust II: PIMCO Bermuda Income Fund (M) 

PIMCO Bermuda Trust II: PIMCO Bermuda Low Duration Income Fund 

BMO Global Strategic Bond Fund 
 Northwestern Mutual Series Fund
Inc. Multi-Sector Bond Portfolio 
 Public Service Company of New Mexico 

State Universities Retirement System 
 Texas Children’s
Hospital Foundation 
 The Curators of the University of Missouri 

PIMCO Variable Insurance Trust: PIMCO Income Portfolio 
 PIMCO
Strategic Income Fund, Inc. 
 PIMCO Funds: PIMCO High Yield Fund 

PCM Fund, Inc. 
 PIMCO Corporate & Income Strategy Fund

 PIMCO Corporate & Income Opportunity Fund 
 PIMCO
High Income Fund 
 PIMCO Income Strategy Fund II 
 PIMCO Income
Strategy Fund 
 PIMCO Funds: PIMCO High Yield Spectrum Fund 

PIMCO Flexible Credit Income Fund 
 PIMCO Equity Series: PIMCO
Dividend and Income Fund 
 PIMCO Funds: PIMCO Low Duration Income Fund 

PIMCO Funds: PIMCO Diversified Income Fund 
 PIMCO Funds: PIMCO
Income Fund 
 PIMCO Dynamic Credit and Mortgage Income Fund 

PIMCO Global StocksPLUS & Income Fund 
 PIMCO Income
Opportunity Fund 
 PIMCO Dynamic Income Fund 
 PIMCO Monthly
Income Fund (Canada) 
 PIMCO Low Duration Monthly Income Fund (Canada) 

PIMCO Global Income Opportunities Fund 
 PIMCO Funds: Global
Investors Series plc, US High Yield Bond Fund 
 PIMCO Funds: Global Investors Series plc, Income Fund 

PIMCO Funds: Global Investors Series plc, Global High Yield Bond Fund 

PIMCO Funds: Global Investors Series plc, Diversified Income Fund 

PIMCO Funds: Global Investors Series plc, Diversified Income Duration Hedged Fund 

PIMCO Funds: Global Investors Series plc, Strategic Income Fund 

PIMCO Funds: Global Investors Series plc, Low Duration Income Fund 

EP Tactical Portfolios, L.P. 
 PIMCO Horseshoe Fund, LP 

PIMCO Tactical Opportunities Master Fund Ltd. 
 OC II LVS I LP

 PIMCO Global Credit Opportunity Master Fund LDC 

  
 [Signature Page to
Registration Rights Agreement (Equity)] 

 IN WITNESS WHEREOF, the Parties hereto have executed this Registration Rights Agreement on
the date first written above. 
  

			
	GTAM 110 Designated Activity Company
		
	By:	 	 /s/ John DeMartino

	Name:	 	 John DeMartino

	Title:	 	 Authorized Signatory

	
	Address: 300 Park Ave, 21st floor
	                New York, NY 10022
	Attn: John DeMartino
	Email: Corporateactions@goldentree.com;
	            JDemartino@goldentree.com;
	            TFaisal@goldentree.com;
	            LRiehl@goldentree.com;

  
 [Signature Page to
Registration Rights Agreement (Equity)] 

 IN WITNESS WHEREOF, the Parties hereto have executed this Registration Rights Agreement on
the date first written above. 
  

			
	GT NM, LP
		
	By:	 	 /s/ John DeMartino

	Name:	 	 John DeMartino

	Title:	 	 Authorized Signatory

	
	Address: 300 Park Ave, 21st floor
	                New York, NY 10022
	Attn: John DeMartino
	Email: Corporateactions@goldentree.com;
	            JDemartino@goldentree.com;
	            TFaisal@goldentree.com;
	            LRiehl@goldentree.com;

  
 [Signature Page to
Registration Rights Agreement (Equity)] 

 IN WITNESS WHEREOF, the Parties hereto have executed this Registration Rights Agreement on
the date first written above. 
  

			
	San Bernardino County Employees Retirement Association
		
	By:	 	 /s/ John DeMartino

	Name:	 	 John DeMartino

	Title:	 	 Authorized Signatory

	
	Address: 300 Park Ave, 21st floor
	                New York, NY 10022
	Attn: John DeMartino
	Email: Corporateactions@goldentree.com;
	            JDemartino@goldentree.com;
	            TFaisal@goldentree.com;
	            LRiehl@goldentree.com;

  
 [Signature Page to
Registration Rights Agreement (Equity)] 

 IN WITNESS WHEREOF, the Parties hereto have executed this Registration Rights Agreement on
the date first written above. 
  

			
	DIETMAR KIRSTEIN
		
	By:	 	 /s/ Dietmar Kirstein

	Name:	 	 Dietmar Kirstein

	
	Address:
	[REDACTED PERSONALLY IDENTIFIABLE INFORMATION]

  
 [Signature Page to
Registration Rights Agreement (Equity)] 

 IN WITNESS WHEREOF, the Parties hereto have executed this Registration Rights Agreement on
the date first written above. 
  

			
	LMR MASTER FUND LIMITED
		
	By:	 	 /s/ Alex Mitchell

	Name:	 	 Alex Mitchell

	Title:	 	General Counsel, LMR Partners LLC, acting in its capacity as investment manager of LMR Master Fund Limited
	
	Address:
	c/o LMR Partners LLC
	363 Lafayette Street, 10th Floor
	New York, NY 10012
	Attn: Legal, Operations
	Email: legal@lmrpartners.com
	Email: ops@lmrpartners.com

  
 [Signature Page to
Registration Rights Agreement (Equity)] 

 IN WITNESS WHEREOF, the Parties hereto have executed this Registration Rights Agreement on
the date first written above. 
  

			
	 GOLDMAN SACHS ASSET MANAGEMENT, L.P., solely in its capacity as manager or advisor to the following funds and accounts and
not as principal:
  

	• GLOBAL HIGH YIELD PORTFOLIO II
	• HURRICANE MILLENNIUM HOLDINGS LTD.
	• GOLDMAN SACHS HIGH YIELD FUND
	• GOLDMAN SACHS GLOBAL HIGH YIELD PORTFOLIO
	• CORPORATE CREDIT INVESTMENT STRATEGIES LLC
	• CORPORATE CREDIT INVESTMENT FUND
	• GOLDMAN SACHS LONG SHORT CREDIT STRATEGIES FUND
	• GOLDMAN SACHS SHORT DURATION OPPORTUNISTIC CORPORATE BOND PORTFOLIO
	• SALI MULTI-SERIES FD VIII, L.P. – YIELD OPP (INSR DEDI) FD SERS
	• GOLDMAN SACHS INCOME BUILDER FUND
	• NATIONAL BANK INVESTMENTS INC.
	• UBS FUND MANAGEMENT (LUXEMBOURG) S.A.
	• SIDERA FUNDS SICAV – GLOBAL HIGH YIELD
	• FACTORY MUTUAL INSURANCE COMPANY
	• GOLDMAN SACHS GLOBAL MULTI-ASSET INCOME PORTFOLIO
		
	By:	 	 /s/ Katelyn Seager

	Name:	 	Katelyn Seager
	Title:	 	Managing Director
	
	Address:
	Goldman Sachs Asset Management, L.P.
	200 West Street, 3rd Floor
	New York, NY 10282
	Attn: Jeffrey Olinsky
	Email: Jeffrey.Olinsky@gs.com
	
	Goldman Sachs Asset Management, L.P.
	222 Main Street, 11th Floor
	Salt Lake City, UT 84101
	Attn: James Sachs
	Email: gsam-as-fi@gs.com

  
 [Signature Page to
Registration Rights Agreement (Equity)] 

 IN WITNESS WHEREOF, the Parties hereto have executed this Registration Rights Agreement on
the date first written above. 
  

					
		 	NOMURA CORPORATE RESEARCH
		 	AND ASSET MANAGEMENT, INC., solely
		 	in its capacity as investment advisor to the
		 	following funds and accounts:
		
	• NOMURA FUNDS IRELAND PLC - US HIGH YIELD	 	• AEGON CUSTODY B.V.
	BOND FUND	 	• MONTGOMERY COUNTY EMPLOYEES’
	• CALIFORNIA PUBLIC EMPLOYEES’ RETIREMENT	 	RETIREMENT SYSTEM
	SYSTEM	 	• PENSIONSKASSE SBB
	• STATE STREET TRUST & BANKING CO LTD AS	 	• NEW YORK CITY POLICE PENSION FUND
	TRUSTEE FOR FUND 2381045/AHS8	 	• INVESTERINGSFORENINGEN LAGERNES INVEST
	• STICHTING PGGM DEPOSITARY	 	• L3HARRIS PENSION MASTER TRUST
	• AMERICAN CENTURY INVESTMENT TRUST – NT	 	• NATIONAL RAILROAD RETIREMENT INVESTMENT
	HIGH INCOME FUND	 	TRUST
	• THE REGENTS OF THE UNIVERSITY OF	 	• OHIO PUBLIC EMPLOYEES RETIREMENT SYSTEM
	CALIFORNIA	 	• PACE HIGH YIELD INVESTMENTS
	• GENERAL DYNAMICS CORPORATION GROUP	 	• STICHTING PENSIOENFONDS HOOGOVENS
	TRUST	 	• DELTA MASTER TRUST
	• AMERICAN CENTURY INVESTMENT TRUST – HIGH	 	• STRUCTURA – US HIGH YIELD BOND – BRL
	INCOME FUND	 	• COMMONWEALTH OF MASSACHUSETTS
	• TEACHERS’ RETIREMENT SYSTEM OF THE CITY	 	EMPLOYEES DEFERRED COMPENSATION PLAN
	OF NEW YORK	 	• LOUISIANA STATE EMPLOYEES’ RETIREMENT
	• NEW YORK CITY EMPLOYEES’ RETIREMENT	 	SYSTEM
	SYSTEM	 	• PINNACOL ASSURANCE
	• KAPITALFORENINGEN MP INVEST HIGH YIELD	 	• SUZUKA INKA
	OBLIGATIONER V	 	• NEW YORK CITY FIRE DEPARTMENT PENSION
	• MARS ASSOCIATES RETIREMENT PLAN	 	FUND
	• PENSIONDANMARK	 	• NOMURA US HIGH YIELD BOND INCOME
	PENSIONFORSIKRINGSAKTIESELSKAB	 	• NORTHERN MULTI-MANAGER HIGH YIELD
	• THE STATE OF CONNECTICUT ACTING THROUGH	 	OPPORTUNITY FUND
	ITS TREASURER	 	• STICHTING MARS PENSIOENFONDS
	• KAPITALFORENINGEN INDUSTRIENS PENSION	 	• NOMURA MULTI MANAGERS FUND II—US HIGH
	PORTFOLIO, HIGH YIELD OBLIGATIONER III	 	YIELD BOND
	• STITCHING BEWAARDER SYNTRUS ACHMEA	 	• STRUCTURA – US HIGH YIELD BOND
	GLOBAL HIGH YIELD POOL	 	• BLUE CROSS AND BLUE SHIELD ASSOCIATION
	• NEW YORK CITY BOARD OF EDUCATION	 	NATIONAL RETIREMENT TRUST
	RETIREMENT SYSTEM	 	• GOVERNMENT OF GUAM RETIREMENT FUND
	• BARCLAYS MULTI-MANAGER FUND PLC	 	•MONTGOMERY COUNTY CONSOLIDATED RETIREE
	• BEST INVESTMENT CORPORATION	 	HEALTH BENEFITS TRUST
			
		 	By:	 	 /s/ Stephen S. Kotse

		 	Name:	 	Stephen Kotse
		 	Title:	 	Managing Director of Nomura Corporate
		 	Research and Asset Management, Inc., as investment advisor
		
		 	Address:
		 	309 West 49th Street
		 	New York, NY 10019
		 	Attn: James Yoon
		 	Email: james.yoon1@nomura.com

  
 [Signature Page to
Registration Rights Agreement (Equity)] 

 
			
	IN WITNESS WHEREOF, the Parties hereto have executed this Registration Rights Agreement on the date first written above.
	
	PFM MULTI MANAGER FIXED INCOME FUND, A SERIES OF PFM MULTI-MANAGER SERIES TRUST
		
	By:	 	 /s/ Tyler Braun

	Name:	 	Tyler Braun
	Title:	 	Director
	
	Address:
	1735 Market Street
	Philadelphia, PA
	19103

  
 [Signature Page to
Registration Rights Agreement (Equity)] 

 IN WITNESS WHEREOF, the Parties hereto have executed this Registration Rights Agreement on
the date first written above. 
  

			
	SEFTON PLACE FUND
		
	By:	 	 /s/ Nick Linnane

	Name:	 	Nick Linnane
	Title:	 	Portfolio Manager
		
	Address:	 	
	25 Green Street
	W1K7AX, London, UK
	Attn: Nick Linnane
	Email: nick@seftonpl.com
	Email: chrysis@seftonpl.com

  
 [Signature Page to
Registration Rights Agreement (Equity)] 

 IN WITNESS WHEREOF, the Parties hereto have executed this Registration Rights Agreement on
the date first written above. 
  

			
	STICHTING BLUE SKY ACTIVE HIGH YIELD FIXED INCOME USA FUND
		
	By:	 	 /s/ T.G.A. Keijzers /s/ R. Brand

	Name:	 	T.G.A. Keijzers - R. Brand
	Title:	 	Director BSG Fund Management B.V. - head of portfolio management authorized representatives
	
	Address:
	Prof. E.M. Meijerslaan 1
	1183 AV Amstelveen
	The Netherlands

  
 [Signature Page to
Registration Rights Agreement (Equity)] 

 
			
	Citadel Advisors LLC, as portfolio manager of certain funds and accounts
		
	By:	 	 /s/ Shellane Mulcahy

	Name:	 	 Shellane Mulcahy

	Title:	 	 Authorized Signatory

  
 [Signature Page to
Registration Rights Agreement (Equity)] 

 
			
	By: Brigade Capital Management, LP, as Investment Manager on Behalf of its Various Funds and Accounts
		
	By:	 	 /s/ Patrick Criscillo

	Name:	 	Patrick Criscillo
	Title:	 	Chief Financial Officer

  
 [Signature Page to
Registration Rights Agreement (Equity)] 

 
			
	CANYON CZR HOLDINGS LLC
		
	By:	 	Canyon Capital Advisors LLC, its Manager
		
	By:	 	 /s/ Jonathan M. Kaplan

	Name:	 	Jonathan M. Kaplan
	Title:	 	Authorized Signatory
	
	Address for Notices:
	
	c/o Canyon Capital Advisors LLC
	Attention: Legal Department
	2000 Avenue of the Stars, 11th FL
	Los Angeles, CA 90067
	
	legal@canyonpartners.com

  
 [Signature Page to
Registration Rights Agreement (Equity)] 

 
			
	KING STREET CAPITAL MANAGEMENT, L.P., on behalf of certain funds and accounts for which it serves as investment advisor
		
	By:	 	 /s/ Howard Baum

	Name:	 	Howard Baum
	Title:	 	Authorized Signatory

  
 [Signature Page to
Registration Rights Agreement (Equity)] 

 Schedule I 

Holders 

[Redacted] 

 EXHIBIT A 

Form of Joinder Agreement 

The undersigned hereby agrees, effective as of the date set forth below, to become a party to that certain Registration Rights Agreement (as
amended, restated and modified from time to time, the “Agreement”) dated as of February 5, 2021, by and among Noble Corporation, an exempted company incorporated in the Cayman Islands with limited liability (the
“Company”), and the holders of the Company Ordinary Shares and Warrants named therein, and for all purposes of the Agreement the undersigned will be included within the term “Holder” (as defined in the Agreement). The
address, facsimile number and email address to which notices may be sent to the undersigned are as follows: 
  

					
	Address:	 	  
	 	
		 	  
	 	
		 	  
	 	
	Facsimile No.:	 	  
	 	
	Email:	 	  
	 	
	Date:	 	  
	 	

  

			
	[If entity]
	
	[ENTITY NAME]
		
	By:	 	  

		 	Name:
		 	Title:
	
	[If individual]
	
	  

	Individual Name:

  
 A-1 

 EXHIBIT B 

Form of Plan of Distribution1 

The selling shareholders, or their pledgees, donees, transferees, or any of their successors in interest selling shares received from a named
selling shareholder as a gift, partnership distribution or other permitted transfer after the date of the applicable prospectus (all of whom may be selling shareholders), may sell some or all of the securities covered by this prospectus from time to
time on any stock exchange or automated interdealer quotation system on which our ordinary shares are listed, in the over-the-counter market, in privately negotiated
transactions or otherwise, at fixed prices that may be changed, at market prices prevailing at the time of sale, at prices related to prevailing market prices or at prices otherwise negotiated. The selling shareholders may sell the securities by one
or more of the following methods, without limitation: 
  

	 	•	 	 block trades in which the broker or dealer so engaged will attempt to sell the securities as agent but may
position and resell a portion of the block as principal to facilitate the transaction; 

  

	 	•	 	 purchases by a broker or dealer as principal and resale by the broker or dealer for its own account pursuant to
this prospectus; 

  

	 	•	 	 an exchange distribution in accordance with the rules of any stock exchange on which our ordinary shares are
listed; 

  

	 	•	 	 ordinary brokerage transactions and transactions in which the broker solicits purchases; 

 

	 	•	 	 privately negotiated transactions; 

 

	 	•	 	 “at-the-market”
offering transactions; 

  

	 	•	 	 short sales, either directly or with a broker-dealer or affiliate thereof; 

 

	 	•	 	 through the writing of options on the ordinary shares, whether or not the options are listed on an options
exchange; 

  

	 	•	 	 through loans or pledges of the ordinary shares to a broker-dealer or an affiliate thereof;

  

	 	•	 	 by entering into transactions with third parties who may (or may cause others to) issue securities convertible or
exchangeable into, or the return of which is derived in whole or in part from the value of, our ordinary shares; 

  

	 	•	 	 through the distribution by any selling shareholder to its partners, members or equity holders;

  

	 	•	 	 one or more underwritten offerings on a firm commitment or best efforts basis; and 

 

	 	•	 	 any combination of any of these methods of sale. 

 

	1 	 The Plan of Distribution will be appropriately modified in the event that any securities other than ordinary
shares are offered for distribution in accordance with the terms of the Agreement. 

  
 C-4 

 For example, the selling shareholders may engage brokers and dealers, and any brokers or
dealers may arrange for other brokers or dealers to participate in effecting sales of our ordinary shares. These brokers, dealers or underwriters may act as principals, or as an agent of a selling shareholder. Broker-dealers may agree with a selling
shareholder to sell a specified number of ordinary shares at a stipulated price. If the broker-dealer is unable to sell the ordinary shares acting as agent for a selling shareholder, it may purchase as principal any unsold securities at the
stipulated price. Broker-dealers who acquire ordinary shares as principals may thereafter resell the ordinary shares from time to time in transactions on any stock exchange or automated interdealer quotation system on which the ordinary shares are
then listed, at prices and on terms then prevailing at the time of sale, at prices related to the then-current market price or in negotiated transactions. Broker-dealers may use block transactions and sales to and through broker-dealers, including
transactions of the nature described above. 
 A selling shareholder may also enter into hedging and/or monetization transactions. For
example, a selling shareholder may: 
  

	 	•	 	 enter into transactions with a broker-dealer or affiliate of a broker-dealer or other third party in connection
with which that other party will become a selling shareholder and engage in short sales of our ordinary shares under this prospectus, in which case the other party may use ordinary shares received from the selling shareholder to close out any short
position; 

  

	 	•	 	 sell short our ordinary shares under this prospectus and use ordinary shares held by the selling shareholder to
close out any short position; 

  

	 	•	 	 enter into options, forwards or other transactions that require the selling shareholder to deliver, in a
transaction exempt from registration under the Securities Act, ordinary shares to a broker-dealer or an affiliate of a broker-dealer or other third party who may then become a selling shareholder and publicly resell or otherwise transfer ordinary
shares under this prospectus; 

  

	 	•	 	 loan or pledge ordinary shares to a broker-dealer or affiliate of a broker-dealer or other third party who may
then become a selling shareholder and sell the loaned shares or, in an event of default in the case of a pledge, become a selling shareholder and sell the pledged shares, under this prospectus. As and when a selling shareholder takes such actions,
the number of securities offered under this prospectus on behalf of such selling shareholder will decrease. The plan of distribution for that selling shareholder’s ordinary shares will otherwise remain unchanged; or 

 

	 	•	 	 enter into derivative transactions with third parties, or sell securities not covered by this prospectus to third
parties in privately negotiated transactions. If the applicable prospectus supplement indicates, in connection with those derivatives, the third parties may sell securities covered by this prospectus and the applicable prospectus supplement,
including in short sale transactions. If so, the third party may use securities pledged by the selling shareholder or borrowed from the selling shareholder or others to settle those sales or to close out any related open borrowings of ordinary
shares, and may use securities received from the selling shareholder in settlement of those derivatives to close out any related open borrowings of ordinary shares. The third party in such sale transactions may be an underwriter and, if applicable,
will be identified as such in the applicable prospectus supplement (or a post-effective amendment). 

  
 B-3 

 The selling shareholders may also sell ordinary shares pursuant to Rule 144 under the
Securities Act. 
 We do not know of any arrangements by the selling shareholders for the sale of our ordinary shares. 

To the extent required under the Securities Act, the aggregate amount of selling shareholders’ ordinary shares being offered and the
terms of the offering, the names of any agents, brokers, dealers or underwriters and any applicable commission with respect to a particular offer will be set forth in an accompanying prospectus supplement. Any underwriters, dealers, brokers or
agents participating in the distribution of the ordinary shares may receive compensation in the form of underwriting discounts, concessions, commissions or fees from a selling shareholder and/or purchasers of selling shareholders’ ordinary
shares for whom they may act (which compensation as to a particular broker-dealer might be in excess of customary commissions). 
 The
selling shareholders and any underwriters, brokers, dealers or agents that participate in the distribution of the ordinary shares may be deemed to be “underwriters” within the meaning of the Securities Act, and any discounts, concessions,
commissions or fees received by them and any profit on the resale of the ordinary shares sold by them may be deemed to be underwriting discounts and commissions. 

The selling shareholders and other persons participating in the sale or distribution of the ordinary shares will be subject to applicable
provisions of the Exchange Act and the rules and regulations thereunder, including Regulation M. This regulation may limit the timing of purchases and sales of any of the ordinary shares by the selling shareholders and any other person. The
anti-manipulation rules under the Exchange Act may apply to sales of ordinary shares in the market and to the activities of the selling shareholders and their affiliates. Furthermore, Regulation M may restrict the ability of any person engaged
in the distribution of the ordinary shares to engage in market-making activities with respect to the particular ordinary shares being distributed for a period of up to five (5) Business Days before the distribution. These restrictions may
affect the marketability of the ordinary shares and the ability of any person or entity to engage in market-making activities with respect to the ordinary shares. 

To the extent permitted by applicable law, this plan of distribution may be modified in a prospectus supplement or otherwise. 

We agreed to register the ordinary shares under the Securities Act and to keep the registration statement of which this prospectus is a part
effective for a specified period of time. We have also agreed to indemnify the selling shareholders against certain liabilities, including liabilities under the Securities Act. The selling shareholders have agreed to indemnify us in certain
circumstances against certain liabilities, including liabilities under the Securities Act. 
 We will not receive any proceeds from sales of
any ordinary shares by the selling shareholders. 
 We cannot assure you that the selling shareholders will sell all or any portion of the
ordinary shares offered hereby. All of the foregoing may affect the marketability of the securities offered hereby. 

  
 B-4

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