Update on ICC-2 Annulment Application

AI Briefing

• – Zenith Energy provides update on ICC-2 annulment application, Republic of Tunisia's response to annulment application was not submitted within required timeframe, Swiss Court may rule on annulment application
• – The Company has filed an annulment application with the Swiss Federal Supreme Court regarding the ICC-2 Arbitration
• – The Republic of Tunisia has failed to submit its response to the annulment application within the required timeframe, citing that the annulment application should be heard in Tunisia