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PRU.TO ·

Change to Perseus’S Senior Management Team

Corporate Updates

1

8 APRIL 2024

NEWS RELEASE

PERSEUSMINING.COM

CHANGE TO PERSEUS’S SENIOR MANAGEMENT TEAM

Perth, Western Australia/April 8, 2024/Perseus Mining Limited (ASX/TSX: PRU) wishes to advise that its

Chief Operating Officer (COO), Mr. David Schummer, has advised that he will resign from the Company

with effect from September 30, 2024, to pursue new employment opportunities located closer to his

family in North America.

Mr. Schummer has agreed to remain in his role with Perseus until the end of September to manage a

number of strategic work streams that are currently underway at the mine sites and to assist with the

smooth transition to his successor.

The process to select and appoint a new COO will commence immediately with consideration being given

to both internal and external candidates for the role.

Perseus’s Chairman and CEO Jeff Quartermaine said:

“On behalf of the Perseus Board and our employees, I would like to thank Dave for his commitment and

dedication to Perseus and our operations, and for his contribution in addressing a number of operational

challenges. We wish Dave and his family all the best for the future. We will commence the search for a new

COO immediately and look forward to Dave’s support in ensuring a smooth transition over the coming

months.”

This market announcement was authorised for release by Jeff Quartermaine, Chairman and CEO of

Perseus Mining Limited.

PERSEUS MINING LIMITED

ASX/TSX CODE: PRU

REGISTERED OFFICE:

Level 2

437 Roberts Road

Subiaco WA 6008

Telephone: +61 8 6144 1700

Email: [email protected]

www.perseusmining.com

CONTACTS:

Jeff Quartermaine

Chairman & CEO

[email protected]

Stephen Forman

Investor Relations

[email protected]

Nathan Ryan

Media Relations

+61 420 582 887

[email protected]