VENTURA OFFSHORE HOLDING LTD.: Grant of share options

April 2, 2026 - Ventura Offshore Holding Ltd. (the "Company") announces that the board of directors of the Company (the "Board"), as part of its long-term incentive program, have approved the award and allocation of 1,311,500 share options, at a strike price of NOK 27.5 per share option, to the members of the Company's management, key employees and Board members.

For more information regarding allocation to primary insiders see the attached mandatory notifications of trades.

This information is subject to the disclosure requirements pursuant to article 19 of the EU Market Abuse Regulation and section 5-12 of the Norwegian Securities Trading Act.

For further queries, please contact:

Gunnar W. Eliassen Chairperson of the Company +44 7469140012 gunnar@snclondongroup.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, DS 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/.