Ventura Offshore Holding Ltd.: 2025 AGM RESULTS NOTIFICATION

22 May 2025 16:00 CEST

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 ir@ventura-offshore.com.

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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