Ms. Catherine Flax reports

ZEFIRO FORMS A STRATEGIC PARTNERSHIP WITH THE WELL DONE FOUNDATION TO FURTHER EXPAND ITS WELL-PLUGGING FOOTPRINT IN THE UNITED STATES

Zefiro Methane Corp. has signed a teaming agreement with the Well Done Foundation (WDF), in which Zefiro will carry out plugging operations for orphan oil and gas wells under projects led by WDF, whose footprint consists of 18 U.S. states.

Highlights:

• Zefiro has secured an initial purchase order for plugging 10 wells in Oklahoma for the Well Done Foundation, an acclaimed non-profit founded in 2019 that has eliminated over five million metric tonnes of CO2 (carbon dioxide) equivalent emissions by remediating orphan oil/gas wells.
• As an established vendor for the Well Done Foundation, this strategic partnership will prioritize Zefiro as a plug-and-abandonment service provider for projects being led by WDF in the 13 U.S. states where Zefiro has operating capabilities.
• As part of the teaming agreement, Zefiro and the Well Done Foundation will share a yard in Okmulgee, Okla., which further establishes Zefiro's presence in one of America's major hubs for oil and gas production.

To start operations under the teaming agreement, Zefiro and WDF have executed an initial purchase order for the remediation of 10 wells in the Deep Fork National Wildlife Refuge (located approximately 35 miles from Tulsa), with a further 20 wells expected to be assigned to Zefiro for plugging in 2027 as part of WDF's contract with the U.S. Fish and Wildlife Service.

As a result of this teaming agreement, Zefiro will have a sustained operating presence in the state of Oklahoma. By virtue of this presence, Zefiro's management expects that the company will be well positioned to bid on additional projects in Oklahoma, which is a key oil/gas state as the sixth-largest producer of both marketed natural gas and crude oil in the United States.

Zefiro and WDF have previously collaborated on well remediation projects, including a notable project called Bear Run 001. Located in Erie county, Pennsylvania, Bear Run 001 was an undocumented orphan natural gas well in a mobile home park just 15 feet from a residence. Zefiro subsidiary Plants & Goodwin Inc. (P&G) successfully plugged this well on Feb. 2, 2023, which resulted in 23,746 metric tonnes of CO2 equivalent emissions being reduced (equal to the annual emissions of approximately 5,162 automobiles).

In August, 2023, the Bear Run 001 well that was plugged by Zefiro subsidiary P&G was featured by the Smithsonian Channel on its How Did They Fix That? series (Season 2, episode 5 -- "Abandoned Oil Wells").

Key information and photographs from Bear Run 001 can be found on its project profile on the Well Done Foundation's website.

The Well Done Foundation was established in 2019 by former oil executive Curtis Shuck, and the organization has plugged over 120 wells across the United States with more than five million tonnes of CO2 equivalent emissions eliminated. In 2022, the Well Done Foundation and Mr. Shuck were profiled by Business Insider in a 13-minute segment, which has more than 1.5 million views on YouTube.

Zefiro chief executive officer Catherine Flax commented: "We are delighted to be working with the Well Done Foundation, an esteemed and highly respected leader in recent efforts to clean up America's orphaned wells. Our management team expects that this teaming agreement with WDF will impart many strategic advantages for us between a steady book of business in new markets, the formation of an ongoing presence in Oklahoma and performing work for yet another U.S. government agency. The initial allocation of 10 wells in the Deep Fork National Wildlife Refuge will be undertaken throughout the remainder of 2026, and we anticipate that the second tranche of wells in this project will keep us busy well into 2027, including during the winter months. It is an honour to work with Curtis Shuck and the Well Done Foundation, and we are enthusiastic to have this opportunity to join forces as the nationwide cleanup of orphan wells continues to build momentum."

Well Done Foundation's chairman, Curtis Shuck, said: "This partnership with Zefiro will be very impactful as we at WDF seek to accelerate efforts in plugging orphan wells throughout the country. Not only does Zefiro have top-tier expertise in plug and abandonment for orphan oil/gas wells, they are also among the three largest firms in the U.S. in terms of dedicated operations in this category. In 2025, the Well Done Foundation was engaged by the U.S. Fish and Wildlife Service to plug more than 110 oil and gas wells on two wildlife refuge sites -- and we are thrilled to have Zefiro's support behind us for our ongoing work in Oklahoma and for many more projects to come. This is the beginning of a very exciting partnership, and, on behalf of the WDF team, we are looking forward to continuing our work with Zefiro."

About Zefiro Methane Corp.

Zefiro is a North American environmental services company focused on strategically addressing asset retirement obligations and reducing methane emissions. With fully integrated operations, Zefiro quantifies emissions from oil/gas operations, provides turnkey decommissioning services, and generates carbon offsets. Zefiro's suite of solutions takes a holistic approach to generating cost-effective and stable energy while eliminating negative environmental impacts.

We seek Safe Harbor.