Mandatory Notification of Trade

23 Dec 2024 18:27 CET

Hamilton, Bermuda, December 23, 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.

For further information, please contact:
Baton Haxhimehmedi, CFO
Baton.Haxhimehmedi@paratus-energy.com
+47 406 39 083

More information:
Access the news on Oslo Bors NewsWeb site

635640_PDMR_Form_23_12_2024.pdf