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PRU.TO ·

Perseus Increases Investment IN Predictive to 19.9%

Corporate Updates

1

6 SEPTEMBER 2024

NEWS RELEASE

PERSEUSMINING.COM

PERSEUS INCREASES INVESTMENT IN PREDICTIVE TO 19.9%

Perth, Wester n Australia/September 6, 2024 /Perseus Mining Limited (ASX/TSX:PRU) ( Perseus or the

Company) is pleased to announce that it has increased its relevant interest in the issued shares of Predictive

Discovery Limited (ASX:PDI) (Predictive) to 19.9%.

As part of funding the acquisition of this increased stake in Predictive, Perseus has applied the proceeds

raised from the unwinding of its previously announced cash settled equity swap position in Predictive1.

Further details of Perseus’s interests in Predictive will be set out in a Form 604 Notice of Change of Substantial

Interest to be released on the ASX platform.

Subject to there being no actual or proposed material change in the shareholding of Predictive (including a

change of control proposal) or the actions of Predictive, Perseus has no current intention to acquire control

or make a takeover offer for Predictive.

This market announcement was authorised for release by Jeff Quartermaine, Managing Director and CEO.

1 See Perseus announcement titled “Perseus Makes Strategic Investment in Predictive” dated 14 August 2024.

ASX/TSX CODE: PRU

CAPITAL STRUCTURE:

Ordinary shares: 1,376,196,513

Performance rights: 7,055,212

REGISTERED OFFICE:

Level 2

437 Roberts Road

Subiaco WA 6008

Telephone: +61 8 6144 1700

www.perseusmining.com

DIRECTORS:

Mr Rick Menell

Non-Executive Chairman

Mr Jeff Quartermaine

Managing Director & CEO

Ms Amber Banfield

Non-Executive Director

Ms Elissa Cornelius

Non-Executive Director

Mr Dan Lougher

Non-Executive Director

Mr John McGloin

Non-Executive Director

CONTACTS:

Jeff Quartermaine

Managing Director & CEO

[email protected]

Stephen Forman

Investor Relations

+61 484 036 681

[email protected]

Nathan Ryan

Corporate Relations

+61 420 582 887

[email protected]