Mr. Jon Faber reports

PASON TO HOLD AGM AND RELEASE 2026 FIRST QUARTER RESULTS ON MAY 7, 2026

Pason Systems Inc. will be holding its annual meeting of shareholders on Thursday, May 7, 2026, at 3:30 p.m. MT, in person at Pason's offices, located at 6130 3rd St. SE, Calgary, Alta. Additional details are provided on Pason's website.

Pason also intends to release its 2026 first quarter results after the markets close on Thursday, May 7, 2026. Pason will be conducting a conference call for interested analysts, brokers, investors and media representatives to review its 2026 first quarter results at 9 a.m. MT on Friday, May 8, 2026. The conference call dial-in numbers are 1-888-510-2154 and 1-437-900-0527, and the call will be simultaneously audio webcast via the company's website. You can access the 14-day replay by dialling 1-888-660-6345 or 1-289-819-1450, using password 46572 followed by the pound key. 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 oil and gas drilling and completions operations. Pason's drilling related solutions, which include data acquisition, wellsite reporting, automation, remote communications, Web-based information management and data analytics, enable collaboration between operations in the field and the office. Through Intelligent Wellhead Systems (IWS), Pason also provides engineered controls, data acquisition and software, to automate workflows and processes for oil and gas well completions operations, improving wellsite safety and efficiency. Through Energy Toolbase (ETB), the company 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 OTC Markets Group, under the symbol PSI and PSYTF, respectively.