Company: ZNOG
Filing Date: 2025-03-28
Form Type: PRE 14A
Source: 0001437749-25-009798
Chunk: 2

Company: ZION OIL & GAS INC
Filing Date: 2025-03-28
Form: PRE 14A
Chunk 2
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     |    3 |
| Stock Ownership of Management and Certain Beneficial Holders               |     |    8 |
| Compensation Discussion and Analysis                                       |     |   10 |
| Compensation Committee Report on Executive Compensation                    |     |   17 |
| Executive Compensation                                                     |     |   18 |
| Director Compensation                                                      |     |   23 |
| Information Relating to an Executive Officer Who is not a Director Nominee |     |   24 |
| Equity Compensation Plan Information                                       |     |   25 |
| Section 16(a) Beneficial Ownership Reporting Compliance                    |     |   26 |
| Election of Directors                                                      |     |   27 |
| Stockholder and Interested Parties Communications Policy                   |     |   45 |
| Board Recommendations on Proposals                                         |     |   47 |

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ZION OIL & GAS, INC.
12655 North Central Expressway, SUITE 1000
DALLAS, TEXAS 75243

NOTICE OF ANNUAL MEETING OF STOCKHOLDERS</div>

NOTICE IS HEREBY GIVEN that the 2025 Annual Meeting (the “”) of the Stockholders of ZION OIL & GAS, INC. (the “”) will be held at 9:00 A.M. (CT) and 5:00 p.m. (Israel) on June 4, 2025 via live webinar and the in-person meeting will be held at the offices of Zion Oil & Gas, Inc.:

| 1. | Elect three directors of the Company as Class II directors to serve for a term of three years; |

| 3. | Amend the Company’s Amended and Restated Certificate of Incorporation to increase the number of shares of common stock, par value $0.01 (Common Stock”), that the Company is authorized to issue from 1,200 million to 1,600 million; |

| 4. | Approve the redomestication of the Company from Delaware to Texas by conversion; and |

| 5. | Conduct such other business as may properly come before the Annual Meeting and any adjournment(s) thereof. |

The foregoing items of business are more fully described in the Proxy Statement that accompanies this Notice. The Board of Directors has fixed the close of business on April 7, 2025 as the Record Date for the determination of stockholders entitled to notice of, and to vote at, the Annual Meeting