Mr. Jon Faber reports

PASON TO HOST INVESTOR DAY IN CALGARY ON MAY 30, 2024

Pason Systems Inc. intends to host an investor day on Thursday, May 30, 2024, at its head office in Calgary. The event will begin at 1 p.m. (MT) and will provide an opportunity for interested investors and analysts to participate in demonstrations of various technology offerings by Pason, including the new Mud Analyzer, by Intelligent Wellhead Systems and by Energy Toolbase. The event will also feature presentations by Pason's senior leadership team, who will provide an update on the company's strategy, opportunities for growth and will include question-and-answer sessions.

To RSVP, please visit the investor section of Pason's website or send an e-mail to investorrelations@pason.com.

Pason Systems Inc.

Pason Systems is a leading global provider of specialized data management systems for drilling rigs. Its solutions, which include data acquisition, well site reporting, remote communications, Web-based information management and analytics, enable collaboration between the rig and the office. Through its wholly owned subsidiary, Intelligent Wellhead Systems Inc. (IWS), it also provides engineered controls, data acquisition and software to automate workflows and processes for oil and gas well completions operations, improving well site safety and efficiency. Through its wholly owned subsidiary, Energy Toolbase Software Inc. (ETB), it also provides products and services for the solar power and energy storage industry. ETB's solutions enable project developers to model, control and monitor economics and performance of solar energy and storage projects.