Paratus Energy Services Ltd.

Director's Dealing • Sep 10, 2024

Notification of transaction by a primary insider

Notification of transaction by a primary insider

Hamilton, Bermuda, September 10, 2024 – Paratus Energy Services Ltd. (ticker “PLSV”) (the "Company") has been notified of an exercise of warrants by the chair of the board of directors and primary insider of the Company, Mei Mei Chow.

For further information, please see the attached mandatory notification of trade for the primary insider.

This information is subject to the disclosure requirements in articles 19 of the Regulation EU 596/2014 (the EU Market Abuse Regulation) and section 5-12 of the Norwegian Securities Trading Act.

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 and a 50/50 JV interest in Seagems (formerly Seabras). Fontis 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.