Paratus Energy Services Ltd.

Paratus - Mandatory Notification of Trade by Primary Insiders

Hamilton, Bermuda, April 28, 2025 - Paratus Energy Services Ltd. (ticker "PLSV")

("Paratus" or the "Company") announces that it has received notification on

April 25, 2025, regarding the exercise of share options by way of cash

settlement, by Robert Jensen, CEO of Paratus Management Norway AS, member of the

Board of Directors, and a primary insider (PDMR) of the Company.

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.

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.

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 Euronext

Oslo Børs.

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