Ventura Offshore Holding

Ventura Offshore Holding Ltd.: 2025 AGM RESULTS NOTIFICATION

Bermuda, 22 May 2025 - Ventura Offshore Holding Ltd. (the "Company") announces

that the 2025 Annual General Meeting of the Company was held today at Rosedon

Hotel, 61 Pitts Bay Road, Pembroke HM 08, Bermuda.

The consolidated financial statements reflecting the Company's performance for

the year ended 31 December 2024 and the report of its independent auditor were

presented to the Meeting.

In addition, the following resolutions were passed:

1. Resolved that KPMG AS be and are hereby appointed as the auditor of the

Company until the conclusion of the next Annual General Meeting, and that the

Company's Board of Directors be and is hereby authorised to determine their

remuneration.

2. Resolved that the share premium account of the Company be reduced by

US$219,638,993, namely from US$219,638,993 to US$0.00, and to credit the

amount of the reduction to the contributed surplus account of the Company.

For questions or comments, please contact [email protected].

About Ventura Offshore Holding Ltd.

Ventura Offshore Holding Ltd. is a deep water drilling contractor providing

deep water offshore drilling services to the oil and gas industry. The

Company's core activities are focused in the Brazilian offshore oil and gas

market. The Company owns and operates one drillship, DS Carolina, and two

semisubmersible drilling rigs, SSV Victoria and SSV Catarina, and manages one

drillship, Zonda. The Company is incorporated under the laws of Bermuda.

Additional information about Ventura Offshore Holding can be found at

https://ventura-offshore.com/en/a-ventura/.

This information is subject to disclosure under the Norwegian Securities

Trading Act, §5-12. The information was submitted for publication at

2025-05-22 16:00 CEST.

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