Zenith Energy

Director's Dealing • Aug 13, 2025

ZENITH ENERGY LTD.

("Zenith" or the "Company")

Director/ PDMR Shareholding

Zenith Energy Ltd. ("Zenith" or the "Company") (LSE: ZEN; OSE: ZENA), the listed interna>onal energy produc>on and development company, is pleased to announce that its Chief Execu>ve Officer & President, Mr. Andrea CaKaneo, has advised the Company that he has purchased a total of 650,000 common shares in the Capital of the Company of no par value ("Common Shares") at a total average price of NOK 0.5086 per Common Share.

Following the purchase, Mr. CaKaneo is directly beneficially interested in a total of 51,001,414 Common Shares in the capital of the Company, represen>ng 10.12 per cent of the total issued and outstanding common share capital of the Company.

Further Information:

Zenith Energy Ltd
Andrea Cattaneo, Chief Executive Officer	Tel: +1 (587) 315 1279
	E: info@zenithenergy.ca

Notes to Editors:

Zenith Energy Ltd. is a revenue generating, independent energy company with energy production, exploration and development assets in North Africa, the US and Europe. The Company is listed on the London Stock Exchange Main Market (LSE: ZEN) and the Euronext Growth of the Oslo Stock Exchange (OSE: ZENA).

Zenith's strategic focus is on pursuing development opportunities through the development of proven revenue generating energy production assets, as well as low-risk exploration activities in assets with existing production.

For more information, please visit: www.zenithenergy.ca

Twitter: @zenithenergyltd

LinkedIn: https://bit.ly/3A5PRJb

Market Abuse RegulaWon (MAR) Disclosure

The informa>on included in this announcement is defined as inside informa>on pursuant to MAR ar>cle 7 and is publicly disclosed in accordance with MAR ar>cle 17 and sec>on 5 -12 of the Norwegian Securi>es Trading Act. The announcement is made by the contact person.

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

1	Details of the person discharging managerial responsibili>es / person closely associated
a)	Name	Andrea CaKaneo
2	Reason for the no>fica>on
a)	Posi>on/status	Chief Execu>ve Officer & President
b)	Ini>al no>fica>on/Amendment	Ini>al No>fica>on
3	Details of the issuer, emission allowance market par>cipant, auc>on plaeorm, auc>oneer or auc>on monitor
a)	Name	Zenith Energy Ltd.
b)	LEI	213800AYTYOYD61S4569
4	Details of the transac>on(s): sec>on to be repeated for (i) each type of instrument; (ii) each type of transac>on; (iii) each date; and (iv) each place where transac>ons have been conducted
a)	Descrip>on of the financial instrument, type of instrument	Common Shares CA98936C8584
	Iden>fica>on code
b)	Nature of the transac>on	Purchase of Common Shares
c)	Price(s) and volumes(s)	Price(s)	Volume(s)
		NOK 0.5086	650,000
d)	Aggregated informa>on
	Aggregated volume
	Aggregated price
e)	Date of the transac>on(s)	August 12, 2025
f)	Place of the transac>on	Euronext Growth Oslo