Paratus Energy Services Ltd.

Report Publication Announcement • Apr 30, 2025

Paratus Publishes 2024 Annual Report

Paratus Publishes 2024 Annual Report

Hamilton, Bermuda, April 30, 2025 - Paratus Energy Services Ltd. (ticker "PLSV")

("Paratus" or the "Company") is pleased to announce that it has published its

2024 Annual Report.

The 2024 Annual Report, available in both PDF and XHTML format, is attached to

this release and has been made available on the Company's website www.paratus

-energy.com.

For further information, please contact:

Baton Haxhimehmedi, CFO

Baton.Haxhimehmedi@paratus-energy.com

+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.