Appointments with different time zone than calendar do not display correctly

Steps to reproduce

Calendar is set to 'America/Toronto' time zone.

Manually created calendar event in 'America/Los_Angeles' time zone for 14.30

Event shows on calendar at 12.00 but should be 17.30.

Event export shows correct time zone and times.

BEGIN:VCALENDAR
VERSION:2.0
PRODID:-//IDN nextcloud.com//Calendar app 5.0.1//EN
CALSCALE:GREGORIAN

BEGIN:VTIMEZONE
TZID:America/Los_Angeles

BEGIN:DAYLIGHT
TZOFFSETFROM:-0800
TZOFFSETTO:-0700
TZNAME:PDT
DTSTART:19700308T020000
RRULE:FREQ=YEARLY;BYMONTH=3;BYDAY=2SU
END:DAYLIGHT

BEGIN:STANDARD
TZOFFSETFROM:-0700
TZOFFSETTO:-0800
TZNAME:PST
DTSTART:19701101T020000
RRULE:FREQ=YEARLY;BYMONTH=11;BYDAY=1SU
END:STANDARD

END:VTIMEZONE

BEGIN:VEVENT
CREATED:20241115T021729Z
DTSTAMP:20241115T022245Z
LAST-MODIFIED:20241115T022245Z
SEQUENCE:2
UID:bfd37d0d-7acf-415d-92ca-c34b493ab491
DTSTART;TZID=America/Los_Angeles:20241114T143000
DTEND;TZID=America/Los_Angeles:20241115T153000
STATUS:CONFIRMED
SUMMARY:<redacted>
LOCATION:<redacted>
ATTENDEE;CN=<redacted>;CUTYPE=INDIVIDUAL;PARTSTAT=NEEDS-ACTION;RO
 LE=REQ-PARTICIPANT;RSVP=TRUE;SCHEDULE-STATUS=1.1:mailto:<redacted>
ATTENDEE;CN=<redacted>;CUTYPE=INDIVIDUAL;PARTSTAT=NEEDS-ACTIO
 N;ROLE=REQ-PARTICIPANT;RSVP=TRUE;SCHEDULE-STATUS=1.1:mailto:<redacted>
ORGANIZER;CN=Sebastian Krupinski:mailto:<redacted>
END:VEVENT

END:VCALENDAR

Expected behavior

Event should display with correct time

Actual behaviour

Event is displayed with incorrect time

Calendar app version

No response

CalDAV-clients used

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Browser

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Client operating system

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Server operating system

No response

Web server

None

Database engine version

None

PHP engine version

None

Nextcloud version

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Updated from an older installed version or fresh install

None

List of activated apps

Nextcloud configuration

Web server error log

Log file

Browser log

Additional info

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