15 Dec 2020

Change in the composition of the Supervisory Board

Péter Gottfried resigned from his position as a member of Zenith Pure Oil Supervisory Board with effect from 31 December 2020, as he will become a member of the Monetary Council of the National Bank of Hungary as of 1 January 2021, which would result in a conflict of interest

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

Péter Gottfried resigned from his position as a member of Zenith Pure Oil Supervisory Board with effect from 31 December 2020, as he will become a member of the Monetary Council of the National Bank of Hungary as of 1 January 2021, which would result in a conflict of interest.