Paratus Energy: Key Information Relating to Q1 2026 Cash Dividend

Hamilton, Bermuda, May 29, 2026 - Reference is made to the announcement by
Paratus Energy Services Ltd. (ticker "PLSV") ("Paratus" or the "Company") today
that the Board of Directors has approved a cash dividend to shareholders as
specified below.

· Dividend amount: USD 0.22 (approximately NOK 2.03) per share
· Declared currency: USD
· Last day including right: June 3, 2026
· Ex-date: June 4, 2026
· Record date: June 5, 2026
· Payment date: June 12, 2026
· Date of approval: May 28, 2026

Payment of cash distribution to shareholders holding shares outside the Euronext
Securities Oslo/VPS will be handled manually.

This information is subject to the disclosure requirements pursuant to section 5
-12 the Norwegian Securities Trading Act.

For further information, please contact:
Baton Haxhimehmedi, CFO and Interim CEO
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 (held for sale) and a 50/50 JV
interest in Seagems. Fontis Energy is an offshore drilling company with a fleet
of five high-specification jack-up rigs in Mexico. Seagems is a leading subsea
services company, with a fleet of six multi-purpose pipe-laying support vessels
in Brazil.