Amendment of strike prices under share option agreements

Zenith Pure Oil Plc. (“Zenith Pure Oil”) hereby notifies the market of the following:

Based on the share option agreement related to 31,000,000 Series “A” Zenith Pure Oil Ordinary shares, concluded on 05 July 2024 with UniCredit Bank GmbH, the strike price for both the call and the put options has been amended to EUR 6.82883 per share.

Based on the share option agreement related to 31,000,000 Series “A” Zenith Pure Oil Ordinary shares, concluded on 05 July 2024 with ING Bank N.V., the strike price for both the call and the put options has been amended to EUR 7.1948 per share.

The amendment does not trigger any movement in treasury shares, Zenith Pure Oil owns 17,886,960 Series "A" and 578 Series "C" Zenith Pure Oil Ordinary shares.