Paratus Energy Services Ltd.

Invitation to Paratus' Q3 2024 Earnings Call

Hamilton, Bermuda, November 18, 2024 - Paratus Energy Services Ltd. (ticker

"PLSV") ("Paratus" or the "Company") will release its unaudited interim

financial results for Q3 2024 on November 29, 2024, on or about 07:00 (CEST).

In connection with the earnings release, an audio webcast will be held at 15:00

(CEST) on the same day. To participate in the webcast, please use the following

link to register and access the live presentation.

https://channel.royalcast.com/landingpage/paratus-energy/20241129_2/

The webcast and presentation materials will also be accessible in the Investors

section of our website: www.paratus-energy.com. A Q&A session will be held after

the presentation. Instructions on how to submit questions will be provided at

the start of the webcast.

For further information, please contact:

Baton Haxhimehmedi, CFO

+47 406 39 083

About Paratus

Paratus Energy Services Ltd. (ticker: PLSV) is an investment holding company of

a group of leading energy services companies. The Paratus Group is primarily

comprised of its ownership of Fontis Energy and a 50/50 JV interest in Seagems

(formerly Seabras). Fontis Energy is an offshore drilling company with a fleet

of five high-specification jack-up rigs working under contracts in Mexico.

Seagems is a leading subsea services company, with a fleet of six multi-purpose

pipe-laying support vessels under contracts in Brazil. In addition, Paratus is

the largest shareholder in Archer Ltd, a global oil services company, listed on

the Oslo Stock Exchange.

This information is subject to the disclosure requirements pursuant to section 5

-12 of the Norwegian Securities Trading Act.

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