The computation of basic earnings/(loss) per share ("EPS/(LPS)") is based on the weighted average number of common shares of the Company, par value $0.01 per share (the "Shares"), outstanding during the period. Diluted EPS/(LPS) includes the effect of the assumed conversion of potentially dilutive instruments related to the effect of the unsecured senior convertible bond and share based compensation. Refer to Note 9 – "Debt" for further details on the unsecured senior convertible bond.

The components of the numerator for the calculation of basic and diluted EPS/(LPS) were as follows:


	Three months ended June 30,		Six months ended June 30,
(In $ millions)	2026	2025	2026	2025
Net income/(loss) available to stockholders	29	(42)	22	(56)
Effect of dilution (interest on unsecured senior convertible bond)	2	1	3	3
Diluted income/(loss) available to stockholders	31	(41)	25	(53)

The components of the denominator for the calculation of basic and diluted EPS/(LPS) were as follows:


	Three months ended June 30,		Six months ended June 30,
(In millions)	2026	2025	2026	2025
Basic earnings/(loss) per share:
Weighted average number of common shares outstanding (1)	62	62	62	62
Diluted earnings/(loss) per share:
Effect of dilution	3	3	3	3
Weighted average number of common shares outstanding adjusted for the effects of dilution	65	65	65	65

(1) Weighted average number of Shares outstanding in the three and six months ended June 30, 2026 considers the impact of shares repurchased during the period.

The basic and diluted EPS/(LPS) were as follows:


	Three months ended June 30,		Six months ended June 30,
(In $)	2026	2025	2026	2025
Basic earnings/(loss) per share	0.47	(0.68)	0.36	(0.91)
Diluted earnings/(loss) per share (1)	0.47	(0.68)	0.36	(0.91)

(1) For the three and six months ended June 30, 2025, the effect of including all potentially dilutive instruments in the calculation resulted in decreased loss per share, which is anti-dilutive. As a result, the basic and diluted loss per share are equal.