26 Jan 2026 10:07 CET

Issuer

Zenith Energy Ltd

January 26, 2026

ZENITH ENERGY LTD.

("Zenith" or the "Company")

Appointment of Andrea Pinna to Zenith’s ICSID Legal Team

Zenith Energy Ltd. ("Zenith" or the "Company") (LSE: ZEN; OSE: ZENA; XSAT: ZENA
SDR), the listed international energy production and development company, is
delighted to announce the appointment of Andrea Pinna, Partner at Pinna
Goldberg, to further broaden and complement the legal team of its claimant
subsidiaries in the arbitration proceedings brought before the International
Centre for Settlement of Investment Disputes (“ICSID”) under the UK–Tunisia
Bilateral Investment Treaty, against the Republic of Tunisia, led by Professor
Thomas Clay (Clay Arbitration) alongside Maître Simon Le Wita (Charles Russell
Speechlys Paris), and by Ben Juratowitch KC and Matthieu Gregoire (Essex Court
Chambers).

Andrea Pinna

Andrea Pinna is a Partner at Pinna Goldberg, based in Paris, London, Washington
and Dubai. Mr. Pinna’s practice primarily focuses on international commercial
and investment arbitration. He has participated as counsel in more than fifty
arbitration proceedings spanning a range of sectors, including disputes arising
out of M&A transactions, joint-venture agreements, oil and gas.
Mr. Pinna has experience representing Sovereign States in international
arbitration proceedings and before domestic courts, including matters involving
sovereign immunities. He also appears frequently before French courts in
arbitration-related disputes, including set-aside applications and the
enforcement of arbitral awards. Mr. Pinna’s practice further concentrates on
international litigation and the management and coordination of
multijurisdictional parallel proceedings, often connected to arbitration. Mr.
Pinna is admitted to the Paris Bar and speaks Italian, French and English
fluently, with working knowledge of Spanish.

Pinna Goldberg Law firm
Pinna Goldberg is an international disputes boutique advising sovereign states,
companies, and individuals in resolving disputes through litigation,
arbitration, and mediation. The firm advises on complex cross-border disputes
and has experience representing states and investors in investment treaty
matters, including under the ICSID and UNCITRAL frameworks. Its lawyers also
advise on multi-jurisdictional litigation strategy, enforcement and parallel
proceedings, expertise directly relevant to the ICSID arbitration brought by the
Company’s UK subsidiaries under the UK–Tunisia Bilateral Investment Treaty.





Andrea Cattaneo, Chief Executive Officer, commented:

“The legal team, led by Professor Thomas Clay and comprised of Maître Simon Le
Wita of Charles Russell Speechlys Paris, alongside Ben Juratowitch KC and
Matthieu Gregoire of Essex Court Chambers, is already exceptionally strong and
has thoroughly and robustly presented the merits of the position in progressing
the ICSID arbitration brought by the Company’s UK subsidiaries under the
UK–Tunisia Bilateral Investment Treaty.

The Company is very pleased to further complement and broaden the skillset and
expertise of this team with the addition of Andrea Pinna. Mr. Pinna brings
significant experience in investor–state and international commercial
arbitration, including acting in numerous proceedings across the energy sector,
and substantial experience representing sovereign states and addressing issues
of sovereign immunity.

We look forward to the final hearings in April 2026 with well-grounded optimism
and a sincere belief in redress and compensation for the prolonged damages
suffered by the Company’s UK subsidiary claimants, which have been significantly
impaired as a result of arbitrary and unlawful conduct that has resulted in the
sequestration and expropriatory termination of their activities and assets. All
members of the legal team share a clear and unshakable assessment of the
strength of the position, supported by the extensive preparation undertaken to
date.

The Company remains firmly focused on securing redress for the significant
damage its UK subsidiary claimants have suffered in Tunisia, and which, as
recent events demonstrate, the UK subsidiary claimants continue to suffer
because of arbitrary and unlawful conduct by the authorities in the Republic of
Tunisia. The next months will have a transformational impact on the company, and
every action will be taken to defend the rights of the Company’s UK subsidiary
claimants and vindicate the merits of their position.”

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), the Euronext Growth of the Oslo Stock Exchange (OSE: ZENA) and on the
Spotlight Stock Market in Sweden (XSAT: ZENA SDR).

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


664183_26.01.2026 Zenith Energy.pdf

Source

Zenith Energy Ltd

Provider

Oslo Børs Newspoint

Company Name

ZENITH ENERGY

ISIN

CA98936C8584

Symbol

ZENA

Market

Euronext Growth