Zenith Energy Ltd. (”Zenith” or the ”Company”) announced on Friday, March 20, 2026, that the Company has acquired an additional agrivoltaic development project with an expected installed capacity of approximately 10 MWp, located in the Lazio region of Italy (”Rieti-2”). The total consideration amounts to EUR 1,020,000, payable upon securing all required permits and achieving Ready-to-Build (”RtB”) status. Following the acquisition, Zenith’s solar development pipeline has increased to approximately 173.5 MWp, all secured in less than 12 months, representing approximately 87% of the Company’s stated 200 MWp target by the end of 2026. The Company also provided an update on electricity production at the Torrente Cigno concession, with gross revenues expected to reach approximately EUR 370t for the first quarter of 2026. On March 23, 2026, Zenith further announced that construction of its 7 MWp Under Construction Portfolio (”UCP”) in Puglia is now scheduled to commence in early July 2026, with grid connectivity fully secured and construction financing covering 85% of total land acquisition and construction costs confirmed as fully arranged.