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.