Paratus - 2025 AGM Results Notification

Rhea-AI Summary

Paratus Energy Services (PLSVF) held its 2025 Annual General Meeting on May 9, 2025, in Hamilton, Bermuda. The meeting covered several key resolutions, including setting a maximum of eight Directors and approving Board remuneration not exceeding $600,000 for 2025. Shareholders approved the re-election of five Directors: Mei Mei Chow, James Ayers, Robert Jensen, Joachim Bale, and Mark Mey, while also electing new Director Dag Skindlo. KPMG AS was re-appointed as auditor. The meeting also presented the audited consolidated financial statements for the year ended December 31, 2024.

HAMILTON, Bermuda, May 12, 2025 /PRNewswire/ -- Paratus Energy Services Ltd. (ticker "PLSV") ("Paratus" or the "Company") advises that the 2025 Annual General Meeting of the Shareholders of the Company was held on 9 May 2025 at 13:00 hrs, at Hamilton Princess and Beach Club, 76 Pitts Bay Road, Hamilton HMCX, Bermuda. The audited consolidated financial statements for the Company for the year ended 31 December 2024 were presented to the Meeting.

In addition, the following resolutions were passed:

1. To set the maximum number of Directors to be not more than eight.
2. To resolve that any vacancies in the number of Directors be designated as casual vacancies and that the Board of Directors be authorised to fill such vacancies as and when it deems fit.
3. To re-elect Mei Mei Chow as a Director of the Company.
4. To re-elect James Ayers as a Director of the Company.
5. To re-elect Robert Jensen as a Director of the Company.
6. To re-elect Joachim Bale as a Director of the Company.
7. To re-elect Mark Mey as a Director of the Company.
8. To elect Dag Skindlo as a Director of the Company.
9. To re-appoint KPMG AS as auditor and to authorize the Directors to determine their remuneration.
10. To approve remuneration of the Company's Board of Directors of a total amount of fees not to exceed US$600,000 for the year ended 31 December 2025.

The Board of Directors
Paratus Energy Services Ltd.
Hamilton, Bermuda

For further 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

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

This information was brought to you by Cision http://news.cision.com.

https://news.cision.com/paratus-energy-services-ltd/r/paratus---2025-agm-results-notification,c4148463

 

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SOURCE Paratus Energy Services Ltd

FAQ

What were the key resolutions passed at Paratus Energy's (PLSVF) 2025 AGM?

The key resolutions included setting a maximum of eight Directors, re-electing five existing Directors, electing Dag Skindlo as a new Director, re-appointing KPMG AS as auditor, and approving Board remuneration up to $600,000 for 2025.

Who are the current Directors of Paratus Energy (PLSVF) after the 2025 AGM?

The current Directors include Mei Mei Chow, James Ayers, Robert Jensen, Joachim Bale, Mark Mey, and newly elected Dag Skindlo.

What is the approved Board remuneration for Paratus Energy (PLSVF) in 2025?

The approved Board remuneration is not to exceed US$600,000 for the year ended December 31, 2025.

When and where was Paratus Energy's (PLSVF) 2025 AGM held?

The AGM was held on May 9, 2025, at 13:00 hrs at Hamilton Princess and Beach Club, Hamilton, Bermuda.