Hamilton, Bermuda, September 10, 2024 - Paratus Energy Services Ltd. (ticker
"PLSV") (the "Company") has been notified of an exercise of warrants by the
chair of the board of directors and primary insider of the Company, Mei Mei
Chow. 

For further information, please see the attached mandatory notification of trade
for the primary insider. 
This information is subject to the disclosure requirements in articles 19 of the
Regulation EU 596/2014 (the EU Market Abuse Regulation) and section 5-12 of the
Norwegian Securities Trading Act. 

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 and a 50/50 JV interest in Seagems
(formerly Seabras). Fontis is an offshore drilling company with a fleet of five
high-specification jack-up rigs working under contracts in Mexico. Seagems is a
leading subsea services company, with a fleet of six multi-purpose pipe-laying
support vessels under contracts in Brazil. In addition, Paratus is the largest
shareholder in Archer Ltd, a global oil services company, listed on the Oslo
Stock Exchange.