Mr. Eric Wallman reports

ZENTEK ANNOUNCES MANAGEMENT TRANSITION

Zentek Ltd.'s board of directors has determined not to extend the consulting contract for Greg Fenton, the company's chief executive officer and a director of the company, when the term expires on March 31, 2026. The company has begun its search for Mr. Fenton's successor, and, until such successor has been appointed, the company's current executive team will continue to lead the company.

"On behalf of the board, I want to thank Greg for guiding Zentek on its path of growth and diversification over the past seven years, and for his stewardship of the business," said Eric Wallman, chairman of the board of directors. "The board of directors is committed to ensuring that the new chief executive officer will drive Zentek's transition from research and development to commercialization."

About Zentek Ltd.

Zentek is an ISO 13485:2016 certified intellectual property technology company focused on the research, development and commercialization of novel products seeking to give the company's commercial partners a competitive advantage by making their products better, safer and greener.

We seek Safe Harbor.