On March 1, 2024, Zenith Minerals Limited announced that it has prepared the attached notice of general meeting and explanatory statement in response to a request from a group of shareholders, under section 249D of the Corporations Act 2001 for the removal of a board member Michael Clifford, the Company?s Managing Director. The Board supports Clifford and does not believe the removal of Clifford as a director is in the best interests of the Company as a whole. Accordingly, the Board of the Company does not consider that the resolutions are in the best interests of the Company or shareholders and recommends that the shareholders to vote against all resolutions.

The Company stated that a general meeting of shareholders of the Company will be held on April 2, 2024.