ZEN Zenith Energy Ltd.

March 11, 2025

ZENITH ENERGY LTD.

("Zenith" or the "Company")

Payment of 2027 multi-currency bond coupon

Zenith Energy Ltd. ("Zenith" or the "Company") (LSE: ZEN; OSE: ZENA; PINK MARKET: ZENAF), the listed international energy production and development company, is pleased to announce that it has recently made coupon payments, in full and on time, in respect of the following multi-currency Euro Medium Term Notes the Company has issued on the Vienna MTF of the Vienna Stock Exchange:

•     Zenith 10.125% EUR - N.23-27/S8 (ISIN: XS2647375752)

•     Zenith 10.50% GBP - N.23-27/S13 (ISIN: XS2638487996)

•     Zenith 10.375% USD - N.24-26/S10 (ISIN: XS2638488028)

Further Information:

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), the Euronext Growth of the Oslo Stock Exchange (OSE: ZENA) and the Pink Markets of the OTC (OTC PINK: ZENAF).

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