Mandatory Notification of Trade

02 Dec 2024 15:42 CET

Hamilton, Bermuda, December 2, 2024 - Paratus Energy Services Ltd. (ticker
"PLSV") (the "Company") has been notified of a trade completed by a fund managed
by Lodbrok Capital LLP, a close associate to board member Joachim Bale.

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

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.

More information:
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633662_PDMR_Form_02_12_2024.pdf