Paratus: Transactions Made Under Share Buyback Program and Completion of Program

Please find below the transaction overview:   Please find below the transaction overview:     An overview of all transactions made under the Buyback that have been carried out during the above-mentioned time period is attached to this notice and available atwww.newsweb.no. The Buyback commenced onApril 2, 2025, and concluded onMay 28, 2025. During this period, the Company repurchased a total of 1,415,000 shares at an average price ofNOK 35.6992per share, for an aggregate...

Please find below the transaction overview:  

 

An overview of all transactions made under the Buyback that have been carried out during the above-mentioned time period is attached to this notice and available at www.newsweb.no.

The Buyback commenced on April 2, 2025, and concluded on May 28, 2025. During this period, the Company repurchased a total of 1,415,000 shares at an average price of NOK 35.6992 per share, for an aggregate consideration of NOK 50.5 million (approximately $4.8 million).

This marks a step forward in deploying the Company's broader share repurchase authorization of up to $100 million. Following the completion of the Buyback, the Company have approximately $75 million of remaining capacity under its previously announced share repurchase authorisation.

As of the date of this release, the Company owns a total of 6,815,000 of own shares, corresponding to approximately 4.02% of its issued share capital.

For further information, please contact:

Robert Jensen, CEO
[email protected]
+47 958 26 729

Baton Haxhimehmedi, CFO
[email protected]
+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 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 Euronext Oslo Børs.

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