Ms. Catherine Flax reports

ZEFIRO APPOINTS CATHERINE FLAX AS ITS INTERIM CHIEF EXECUTIVE OFFICER

Zefiro Methane Corp. has appointed Catherine Flax as interim chief executive officer of Zefiro. Ms. Flax also serves on Zefiro's board of directors (announced in a July 16, 2024, press release), a position she will continue to hold while carrying out her duties at the helm of Zefiro's operations.

Previously the head of commodity derivatives (Americas) at BNP Paribas and CEO of Commodities EMEA of J.P. Morgan in 2012. Ms. Flax was named by Financial News (Dow Jones) as the Most Influential Woman in European Investment Banking. Ms. Flax has worked with other prominent organizations in finance to include the Securities Industry and Financial Markets Association (SIFMA) and is currently a board member of the Independent System Operator for the New England Transmission grid.

So far in 2025, Ms. Flax has played a significant role in Zefiro's publicity and thought leadership. In February, 2025, Ms. Flax was quoted by mergers and acquisitions in an article on recent investment activity in alternative energy sources. In March, 2025, Ms. Flax was also a featured speaker at SuperReturn Energy North America in Miami in her capacity as founding member and president, private markets, at X Machina Capital Strategies (XMC). Zefiro Methane Corp. is one of XMC's portfolio companies.

The appointment of Catherine Flax as Zefiro's interim chief executive officer takes place following the departure of Dr. Talal Debs as chief executive officer following his appointment to the position in November of 2023. Zefiro and its board of directors thank Dr. Debs for his contributions to the organization as its founder.

Zefiro interim chief executive officer Catherine Flax commented: "I am grateful to have this opportunity to lead Zefiro during an era of many exciting opportunities in the U.S. energy and resource sectors, which the company is well positioned to capitalize on. Having been involved with Zefiro since the beginning, I remain dedicated to the company's success as it navigates a rapidly changing landscape of technology, regulation and demand from public/private sector stakeholders alike. There is much to be accomplished for Zefiro in 2025, and I look forward to driving growth and results as the company's new CEO."

Zefiro senior vice-president of corporate development Luke Plants commented: "I am proud to support Catherine during this important time of transition and renewal at Zefiro. She is a passionate and energetic leader who consistently demonstrates professionalism, even in the most challenging circumstances. We share a clear vision of building the largest oil field decommissioning business in North America, while producing the highest-quality carbon offsets in the voluntary market. I'm excited for what lies ahead and wish Catherine the very best as Zefiro's interim chief executive officer."

About Zefiro Methane Corp.

Zefiro is an environmental services company, specializing in methane abatement. Zefiro strives to be a key commercial force toward active sustainability. Leveraging decades of operational expertise, Zefiro is building a new toolkit to clean up air, land and water sources directly impacted by methane leaks. The company has built a fully integrated ground operation driven by an innovative monetization solution for the emerging methane abatement marketplace. As an originator of high-quality United States-based methane offsets, Zefiro aims to generate long-term economic, environmental and social returns.

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