Mr. Jon Faber reports

PASON TO HOLD AGM AND RELEASE 2025 FIRST QUARTER RESULTS ON MAY 1, 2025

Pason Systems Inc. will hold its annual meeting of shareholders on Thursday, May 1, 2025, at 3:30 p.m. MT, in person at the Sandman Inn, 8001 11th St. Southeast, Calgary, Alta., T2H 0B8, Great rooms A and B. Additional details are provided on Pason's website.

Pason also intends to release its first quarter 2025 results after the markets close on Thursday, May 1, 2025. Pason will be conducting a conference call for interested analysts, brokers, investors and media representatives to review its first quarter 2025 results at 9 a.m. MT on Friday, May 2, 2025. The conference call dial-in numbers are 1-888-510-2154 or 1-437-900-0527, and the call will be simultaneously audio webcast at the Pason website. You can access the 14-day replay by dialling 1-888-660-6345 or 1-289-819-1450, using password 02840 followed by the number sign. An archived audio webcast of the conference call will also be available on Pason's website.

About Pason Systems Inc.

Pason 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 Intelligent Wellhead Systems Inc., it also provides engineered controls, data acquisition and software to automate workflows and processes for oil and gas well completion operations, improving well site safety and efficiency. Through Energy Toolbase Software Inc., 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.

Pason's common shares trade on the Toronto Stock Exchange and the OTC Markets Group, under the symbols PSI and PSYTF, respectively.