Paladin Energy Ltd. — Share Issue/Capital Change 2024

Mar 24, 2024

Announcement Summary

Entity name

PALADIN ENERGY LTD

Announcement Type

New announcement

Date of this announcement

Monday March 25, 2024

The +securities to be quoted are:

+Securities issued under an +employee incentive scheme that are not subject to a restriction on transfer or that are to be quoted notwithstanding there is a restriction on transfer

Total number of +securities to be quoted

ASX +securitycode	Security description	Number of +securities tobe quoted	Issue date
PDN	ORDINARY FULLY PAID	10,964	20/03/2024

Refer to next page for full details of the announcement

Part 1 - Entity and announcement details

1.1 Name of entity

PALADIN ENERGY LTD

We (the entity named above) apply for +quotation of the following +securities and agree to the matters set out in Appendix 2A of the ASX Listing Rules.

1.2 Registered number type

ABN

Registration number

47061681098

1.3 ASX issuer code

PDN

1.4 The announcement is 1.5 Date of this announcement New announcement

25/3/2024

Part 2 - Type of Issue

2.1 The +securities to be quoted are:

+Securities issued under an +employee incentive scheme that are not subject to a restriction on transfer or that are to be quoted notwithstanding there is a restriction on transfer

2.2 The +class of +securities to be quoted is:

Additional +securities in a class that is already quoted on ASX ("existing class")

Part 3B - number and type of +securities to be quoted (existing class) where issue has not previously been notified to ASX in an

Appendix 3B

Additional +securities to be quoted in an existing class issued under an +employee incentive scheme FROM (Existing Class) ASX +security code and description

PDNAD : SHARE APPRECIATION RIGHTS

TO (Existing Class) ASX +security code and description

PDN : ORDINARY FULLY PAID

Please state the number of +securities issued under the +employee incentive scheme that are not subject to a restriction on transfer or that are to be quoted notwithstanding there is a restriction on transfer

12,500

Please provide details of a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms

https://www.paladinenergy.com.au/wp-content/uploads/2023/11/2023-Employee-and-Contractor-Performance-Share-Righ ts-Plan-Approved-15-November-2023.pdf

Are any of these +securities being issued to +key management personnel (KMP) or an +associate No

Issue date

20/3/2024

Will the +securities to be quoted rank equally in all respects from their issue date with the existing issued +securities in that class?

Yes

Issue details

Number of +securities to be quoted

10,964

Are the +securities being issued for a cash consideration?

No

Please describe the consideration being provided for the +securities

Issued pursuant to the Company's 2023 performance share rights plan

Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted

1.320000

Any other information the entity wishes to provide about the +securities to be quoted

Part 4 - Issued capital following quotation

Following the quotation of the +securities the subject of this application, the issued capital of the entity will comprise:

The figures in parts 4.1 and 4.2 below are automatically generated and may not reflect the entity's current issued capital if other Appendix 2A, Appendix 3G or Appendix 3H forms are currently with ASX for processing.

4.1 Quoted +securities (total number of each +class of +securities quoted on ASX following the +quotation of the +securities subject of this application)

Total number of+securities on issue
2,984,656,146

4.2 Unquoted +securities (total number of each +class of +securities issued but not quoted on ASX)

ASX +security code and description	Total number of+securities on issue
PDNAP : PERFORMANCE RIGHTS	17,400,020
PDNAD : SHARE APPRECIATION RIGHTS	2,630,500

Part 5 - Other Listing Rule requirements

5.1 Are the +securities being issued under an exception in Listing Rule 7.2 and therefore the issue does not need any security holder approval under Listing Rule 7.1? Yes

5.1a Select the number of the applicable exception in Listing Rule 7.2

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