# Peter Zardo

Managing Director

## Career chronology

- **More than 17 years before April 2020: Westpac Group** — Senior leadership, corporate and institutional banking; earlier financial/equity markets. [Our People](<https://zeotech.com.au/our-people/>) (Our People, Peter Zardo biography, lines 59–63)

- **7 April 2020 to July 2020: Zeotech Limited** — Chief Operating Officer. [Annual Report 2025](<https://data-api.marketindex.com.au/api/v1/announcements/XASX%3AZEO%3A6A1286944/pdf/inline/annual-report-to-shareholders>) (pp. 21–22, Peter Zardo service agreement; role commenced COO and amended to MD July 2020)

- **July 2020 to cutoff: Zeotech Limited** — Managing Director. [Annual Report 2025](<https://data-api.marketindex.com.au/api/v1/announcements/XASX%3AZEO%3A6A1286944/pdf/inline/annual-report-to-shareholders>) (pp. 21–22, Peter Zardo service agreement)

## Education and qualifications

### Education and professional qualification [zeo_peter_zardo_education]

As reported by cited source; accessed 2026-10-09 · issuer reported · low materiality

The issuer states that Zardo undertook Applied Science studies at Charles Sturt University and is an MAICD member. It does not identify a degree or graduation date; these claims are not independently verified.

**Attribution:** Responsibility not applicable. Credential statements are issuer-reported; no university or professional-body verification was obtained.

**Relevance:** Relevant to role-fit assessment and subject to verification gap.

[Our People](<https://zeotech.com.au/our-people/>) (Our People, Peter Zardo biography, lines 61–63)

## Contributions and company outcomes

### FY2026 project and commercial milestones [zeo_peter_zardo_fy26_delivery]

FY2026 through 2026-06-30; subsequent status through 2026-09-21 · issuer reported · medium materiality

During the cited period Zeotech reported the binding MSI DSO offtake, 2,300-tonne test-pit campaign, AusPozz concrete demonstration and methane-control field results, while Toondoon remained pre-commercial with approvals/logistics still progressing. These are company-level outcomes; the evidence does not isolate managing director's personal contribution or establish booked DSO/AusPozz sales.

**Attribution:** Role overlaps event; causation unproven. Management responsibility overlapped the company period, but personal causal contribution is not documented.

**Relevance:** Relevant to delivery assessment; distinguish test/contract milestones from commercial production and realized cash revenue.

[Annual Report to shareholders](<https://www.marketindex.com.au/asx/zeo/announcements/annual-report-to-shareholders-6A1344788>) (FY2026 annual report, Chair/MD reports and operating review); [Quarterly Activities and Appendix 5B Cash Flow Report](<https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-03083645-6A1322633%26v%3Dundefined>) (pp. 1–8, activities report)

## Business failures and setbacks

### Pre-commercial status and funding dependence [zeo_peter_zardo_fy26_funding]

FY2026 to 2026-06-30 · issuer reported · medium materiality

FY2026 reporting showed the Group remained pre-commercial, with a larger annual loss and operating cash outflow than the prior year; the annual report disclosed that additional funding may be needed to continue operations and develop assets. This is a company-level execution/funding risk during the executive's tenure, not evidence of personal misconduct or sole responsibility.

**Attribution:** Role overlaps event; causation unproven. The MD role overlapped the reported period; no personal causal attribution is established.

**Relevance:** Material to assessing delivery and capital allocation for a development-stage company.

[Annual Report to shareholders](<https://www.marketindex.com.au/asx/zeo/announcements/annual-report-to-shareholders-6A1344788>) (FY2026 annual report, financial statements and going-concern funding risk)

## Litigation and enforcement

### Unresolved exact-name court match: Fair Work Act penalty [zeo_peter_zardo_name_match_2017]

2015 incident; judgment 2017-04-07 · documented · medium materiality

A 2017 Federal Circuit Court judgment names a Peter Zardo as the third respondent and found a contravention of Fair Work Act s.502(1): the court found deliberate and persistent obstruction of a permit holder seeking to consult a worker, and imposed a $1,000 penalty. The published judgment identifies project-management activity at a construction site but does not identify Zeotech, Westpac, or the executive biography; identity match to Zeotech’s MD is therefore unconfirmed and the finding is not attributed to him. The retrieved judgment contains no later appeal or correction reference; no appellate search located a later resolution.

**Attribution:** Responsibility unresolved. The court made a finding against the exact-name respondent, but source material does not establish that he is the Zeotech executive.

**Relevance:** Potentially relevant only if identity can be established; no executive misconduct conclusion is drawn from name alone.

[Construction, Forestry, Mining and Energy Union v Class 1 Form Pty Ltd \[2017\] FCCA 696](<https://casechat.au/cases/au/construction-forestry-mining-and-energy-union-v-class-1-form-pty-ltd>) (paras. 44–48, 55–73, 103–111 and 331–343)

### Abercorn project milestone-rights litigation settled [zeo_peter_zardo_abercorn_settlement]

2023; acquisition term sheet dated 2019-08-09 · issuer reported · medium materiality

Zeotech reported that court-ordered mediation over milestone performance rights issued as consideration for the 2019 Abercorn acquisition concluded in 2023, with a binding settlement/release and discontinuance of both proceedings conditional on shareholder approval. The disclosure does not describe any finding of wrongdoing by the named executive; the dispute originated in a pre-appointment transaction and settlement terms were company-level.

**Attribution:** Role overlaps event; causation unproven. The MD/CEO roles overlapped settlement execution/oversight; no personal involvement or wrongdoing is documented.

**Relevance:** Relevant as company legal/governance context; resolution status disclosed as settlement, not adjudication of merits.

[Quarterly Activities Report (March 2023 quarter)](<https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02784330-6A1198040>) (p. 8, Settlement of legal proceedings)

## Suitability for the current role

### Role relevance and evidenced background [zeo_peter_zardo_fit]

Background reviewed through 2026-10-09 · analyst inference · low materiality

The issuer reports 17+ years with Westpac, joining Zeotech as COO in 2020 and becoming MD in July 2020; it describes finance and commercialisation experience. Current title in the selected roster: Managing Director. This supports role relevance at a high level; the public evidence reviewed does not establish personal causal responsibility for employer or project outcomes.

**Attribution:** Responsibility not applicable. Role-fit judgment based on the selected roster and issuer-reported professional background; no causal claim is made.

**Relevance:** Relevant to the current Managing Director responsibilities, subject to the evidence limitations recorded below.

[Our People](<https://zeotech.com.au/our-people/>) (Executive biography or corporate-directory entry for the named person)

## Evidence gaps

- The exact-name 2017 court respondent cannot be confirmed as the Zeotech executive from the judgment; no independent identifier or employer link was found.

- Applied Science study is not reported as a completed degree; Westpac chronology and concurrent interests have not been independently verified.

- No exhaustive criminal, sanctions, court, regulator, safety, environment or qualification check was performed.
