Paratus Energy Services Ltd - Summons for written resolution

Hamilton, Bermuda, 26 March 2026 - Please find attached a summons for a written resolution (the "Summons") in respect of the 9.50% USD 500,000,000 senior secured bonds 2024/2029 with ISIN NO0013256099 issued by Paratus Energy Services Ltd. (the "Company"). The purpose of the written resolution is to request the bondholders' approval for certain amendments to the bond terms in connection with the transaction announced by the Company on 23 March 2026. Please see the attached Summons for further background and a complete and detailed description of the proposed resolutions.

For additional information, please contact:

Robert Jensen, CEO robert.Jensen@paratus-energy.com +47 958 26 729

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. 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.