Paratus Energy Services Ltd.: Ex-Cash distribution USD 0.22 per share today

03 Dec 2024 07:00 CET

Hamilton, Bermuda, December 3, 2024 - Reference is made to the announcement by
Paratus Energy Services Ltd. (ticker "PLSV") ("Paratus" or the "Company") on
November 29, 2024 regarding key information relating to the return of capital to
be paid to the Company's shareholders. The shares in Paratus will be traded ex
cash distribution of USD 0.22 per share as from today, 3 December 2024. The cash
distribution will be paid as return of capital on or about 13 December 2024.

This information is published in accordance with the requirements of the
Continuing Obligations.

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
(formerly Seabras). 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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