PERSEUS MINING LIMITED — Major Shareholding Notification 2022

May 3, 2022

Form 603

Corporations Act 2001 Section 671B

Notice of initial substantial holder

To Company Name/Scheme	when the control of the control of the control of the control of the control of the control of the control of Perseus Mining Limited
ACN/ARSN	106 808 986
1. Details of substantial holder (1)	- 2010 化亚乙基苯甲二酸 Le Out 但 Pages 600 MAT with OYO, BMO COME ARW YARDS THE TELEVISION REPORT
Name	T. Rowe Price Associates, Inc.
ACN/ARSN (if applicable)	网络海绵科 三氯二酸三磷酸钠 医心脏
	ENTITLE PROPERTY.
The holder became a substantial holder on	2022 29 04

2. Details of voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in on the date the substantial holder became a substantial holder are as follows:

Class of securities (4)	Number of securities	Person's votes (5)	Voting power (6)
Ordinary Shares	62,146,373	62.146.373	5.03%

3. Details of relevant interests

The nature of the relevant interest the substantial holder or an associate had in the following voting securities on the date the substantial holder became a substantial holder are as follows:

Holder of relevant interest	Nature of relevant interest (7)	Class and number of securities
T. Rowe Price Associates, Inc.	Power to exercise vote and/or dispose of securities as discretionary investment managers	61.145.228
T. Rowe Price Japan, Inc.	Power to exercise vote and/or dispose of securities as discretionary investment managers	1,001,145

4. Details of present registered holders

The persons registered as holders of the securities referred to in paragraph 3 above are as follows:

Holder of relevant interest	Registered holder of 그 그의 1937년대 : securities	Person entitled to be registered as holder (8)	Class and number of securities
See Annexure 1
RELATED TO THE RELATION OF THE LITTLE WARREN.	that chemical se na and started	was a way of the control of the company of the subsequence of the second term of the control and control of the control of 西班牙顶 大 国际

5. Consideration

The consideration paid for each relevant interest referred to in paragraph 3 above, and acquired in the four months prior to the day that the substantial holder became a substantial holder is as follows:

Holder of relevant interest	Date of acquisition	Consideration (9)		Class and number of securities
See Annexure 2		Cash	Non-cash

6. Associates

The reasons the persons named in paragraph 3 above are associates of the substantial holder are as follows:

Name and ACN/ARSN (if applicable)	Nature of association
T. Rowe Price Associates, Inc.
T. Rowe Price Japan, Inc.	T. Rowe Price Japan, Inc. is a wholly owned subsidiary of T. Rowe Price International Ltd. T. Rowe Price International Ltd is a wholly owned subsidiary of T. Rowe Price Associates, Inc.

7. Addresses

The addresses of persons named in this form are as follows:

Name	Address
T. Rowe Price Associates, Inc.	100 East Pratt Street, Baltimore, MD 21202
T. Rowe Price Japan, Inc.	9-2 MARUNOUCHI 1-CHOME, TOKYO, JAPAN

Signature

print name capacity Gary Greb Vice President sign here date 2022 03 05

DIRECTIONS

$(1)$ If there are a number of substantial holders with similar or related relevant interests (eq. a corporation and its related corporations, or the manager and trustee of an equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 7 of the form

• See the definition of "associate" in section 9 of the Corporations Act 2001. $(2)$
• See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001. $(3)$
• $(4)$ The voting shares of a company constitute one class unless divided into separate classes.
• The total number of votes attached to all the voting shares in the company or voting interests in the scheme (if any) that the person or an associate has a relevant $(5)$ interest in.

$(6)$ The person's votes divided by the total votes in the body corporate or scheme multiplied by 100.

• $(7)$ Include details of:
• any relevant agreement or other circumstances by which the relevant interest was acquired. If subsection 671B(4) applies, a copy of any document setting out $(a)$ the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and
• any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the securities to $(b)$ which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).

See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.

• $(8)$ If the substantial holder is unable to determine the identity of the person (eg. if the relevant interest arises because of an option) write "unknown".
• Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has, or may, become $(9)$ entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included of any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.

Annexure 1

	Registered holder of	Person entitled to be registered Class and number of
Holder of Relevant Interest	securities	as holder (8)	securities
			3,171,558
T. Rowe Price Associates, Inc.	Bank of New York Mellon	Bank of New York Mellon	ordinary shares
			318,397
T. Rowe Price Associates, Inc.	JP Morgan Chase	JP Morgan Chase	ordinary shares
			57,170,756
T. Rowe Price Associates, Inc.	State Street Bank & Trust Co	State Street Bank & Trust Co	ordinary shares
			484,517
T. Rowe Price Associates, Inc.	Northern Trust Company	Northern Trust Company	ordinary shares
			59,091
T. Rowe Price Japan, Inc.	JP Morgan Chase	JP Morgan Chase	ordinary shares
			942,054
T. Rowe Price Japan, Inc.	State Street Bank & Trust Co	State Street Bank & Trust Co	ordinary shares

This is annexure 1 referred to on page 1 of Form 603 (Notice of Initial Substantial Holder)

Gungfreb

Gary Greb, Vice President

3-May-22

		Consideration
Holder of Relevant Interest	Date of Acquisition	(cash - AUD)	Number of Shares	Class
T. Rowe Price Associates, Inc.	5-Jan-22	1.633	228,318	Ordinary
T. Rowe Price Associates, Inc.	5-Jan-22	1.633	132,191	Ordinary
T. Rowe Price Associates, Inc.	$7$ -Jan-22	1.541	353,423	Ordinary
T. Rowe Price Associates, Inc.	7-Jan-22	1.527	99,189	Ordinary
T. Rowe Price Associates, Inc.	7-Jan-22	1.541	173,814	Ordinary
T. Rowe Price Associates, Inc.	7-Jan-22	1.527	48,781	Ordinary
T. Rowe Price Associates, Inc.	7-Jan-22	1.541	57,196	Ordinary
T. Rowe Price Associates, Inc.	7-Jan-22	1.527	16,052	Ordinary
T. Rowe Price Associates, Inc.	7-Jan-22	1.541	15,391	Ordinary
T. Rowe Price Associates, Inc.	$7-Jan-22$	1.527	4,319	Ordinary
T. Rowe Price Associates, Inc.	7-Jan-22	1.541	30,024	Ordinary
T. Rowe Price Associates, Inc.	7-Jan-22	1.527	8,426	Ordinary
T. Rowe Price Associates, Inc.	7-Jan-22	1.541	829,285	Ordinary
T. Rowe Price Associates, Inc.	7-Jan-22	1.527	232,739	Ordinary
T. Rowe Price Associates, Inc.	7-Jan-22	1.541	320,550	Ordinary
T. Rowe Price Associates, Inc.	7-Jan-22	1.527	89,963	Ordinary
T. Rowe Price Associates, Inc.	7-Jan-22	1.541	1,891	Ordinary
T. Rowe Price Associates, Inc.	7-Jan-22	1.527	531	Ordinary
T. Rowe Price Japan, Inc.	18-Jan-22	1.520	38,527	Ordinary
T. Rowe Price Associates, Inc.	24-Jan-22	1.530	1,751	Ordinary
T. Rowe Price Associates, Inc.	2-Feb-22	1.530	259,285	Ordinary
T. Rowe Price Associates, Inc.	$2-Feb-22$	1.530	751	Ordinary
T. Rowe Price Associates, Inc.	7-Feb-22	1.522	137,301	Ordinary
T. Rowe Price Associates, Inc.	8-Feb-22	1.564	5,641	Ordinary
T. Rowe Price Japan, Inc.	8-Feb-22	1.564	4,916	Ordinary
T. Rowe Price Japan, Inc.	8-Feb-22	1.564	590	Ordinary
T. Rowe Price Associates, Inc.	8-Feb-22	1.564	93,185	Ordinary
T. Rowe Price Associates, Inc.	8-Feb-22	1.564	675	Ordinary
T. Rowe Price Associates, Inc.	9-Feb-22	1.487	32,503	Ordinary
T. Rowe Price Associates, Inc.	10-Feb-22	1.520	748	Ordinary
T. Rowe Price Associates, Inc.	15-Feb-22	1.585	38,188	Ordinary
T. Rowe Price Associates, Inc.	23-Feb-22	1.580	99,084	Ordinary
T. Rowe Price Associates, Inc.	23-Feb-22	1.620	39,372	Ordinary
T. Rowe Price Associates, Inc.	$1-Mar-22$	1.702	263,459	Ordinary
T. Rowe Price Japan, Inc.	$2-Mar-22$	1.729	57,014	Ordinary
T. Rowe Price Associates, Inc.	8-Mar-22	1.990	7,747	Ordinary
T. Rowe Price Associates, Inc.	14-Mar-22	1.890	1,324	Ordinary
T. Rowe Price Associates, Inc.	29-Mar-22	1.924	747,453	Ordinary
T. Rowe Price Associates, Inc.	29-Mar-22	1.937	163,825	Ordinary
T. Rowe Price Associates, Inc.	29-Mar-22	1.950	237,374	Ordinary
T. Rowe Price Associates, Inc.	29-Mar-22	1.927	346,253	Ordinary
T. Rowe Price Associates, Inc.	29-Mar-22	1.924	41,022	Ordinary
T. Rowe Price Associates, Inc.	29-Mar-22	1.937	8,992	Ordinary
T. Rowe Price Associates, Inc.	29-Mar-22	1.950	13,028	Ordinary
T. Rowe Price Associates, Inc.	29-Mar-22	1.927	19,003	Ordinary
T. Rowe Price Japan, Inc.	29-Mar-22	1.924	18,049	Ordinary
T. Rowe Price Japan, Inc.	29-Mar-22	1.937	3,956	Ordinary
T. Rowe Price Japan, Inc.	29-Mar-22	1.950	5,732	Ordinary
T. Rowe Price Japan, Inc.	29-Mar-22	1.927	8,361	Ordinary
T. Rowe Price Associates, Inc.	29-Mar-22	1.924	5,567	Ordinary
T. Rowe Price Associates, Inc.	29-Mar-22	1.937	1,219	Ordinary
T. Rowe Price Associates, Inc.	29-Mar-22	1.950	1,768	Ordinary
T. Rowe Price Associates, Inc.	29-Mar-22	1.927	2,579	Ordinary

29-Mar-22 1.924 T. Rowe Price Associates, Inc. 1.937 29-Mar-22 T. Rowe Price Associates, Inc. 1.950 T. Rowe Price Associates, Inc. 29-Mar-22 T. Rowe Price Associates, Inc. 29-Mar-22 1.927 29-Mar-22 1.924 T. Rowe Price Associates, Inc. $\frac{1}{1027}$ $20.84 \overline{\phantom{a}}$

T. Rowe Price Associates, Inc.	29-Mar-22	1.937	1,720	Ordinary
T. Rowe Price Associates, Inc.	29-Mar-22	1.950	2,492	Ordinary
T. Rowe Price Associates, Inc.	29-Mar-22	1.927	3,635	Ordinary
T. Rowe Price Associates, Inc.	30-Mar-22	1.923	131,396	Ordinary
T. Rowe Price Associates, Inc.	31-Mar-22	1.977	10,974	Ordinary
T. Rowe Price Associates, Inc.	26-Apr-22	1.880	84,479	Ordinary
T. Rowe Price Japan, Inc.	26-Apr-22	1.880	39,472	Ordinary
T. Rowe Price Associates, Inc.	27-Apr-22	1.918	112,121	Ordinary
T. Rowe Price Associates, Inc.	27-Apr-22	1.918	3,479	Ordinary
T. Rowe Price Associates, Inc.	27-Apr-22	1.918	10,721	Ordinary
T. Rowe Price Associates, Inc.	28-Apr-22	1.898	103,185	Ordinary
T. Rowe Price Associates, Inc.	28-Apr-22	1.898	232,164	Ordinary
T. Rowe Price Associates, Inc.	28-Apr-22	1.898	166,857	Ordinary
T. Rowe Price Japan, Inc.	28-Apr-22	1.898	13,497	Ordinary
T. Rowe Price Associates, Inc.	28-Apr-22	1.898	93,142	Ordinary
T. Rowe Price Associates, Inc.	28-Apr-22	1.898	156,463	Ordinary
T. Rowe Price Associates, Inc.	28-Apr-22	1.898	136,272	Ordinary
T. Rowe Price Associates, Inc.	28-Apr-22	1.906	2,909	Ordinary
T. Rowe Price Associates, Inc.	29-Apr-22	1.980	68,713	Ordinary
T. Rowe Price Associates, Inc.	29-Apr-22	1.985	128,756	Ordinary
T. Rowe Price Associates, Inc.	29-Apr-22	1.980	154,603	Ordinary
T. Rowe Price Associates, Inc.	29-Apr-22	1.985	289,696	Ordinary
T. Rowe Price Associates, Inc.	29-Apr-22	1.980	111,113	Ordinary
T. Rowe Price Associates, Inc.	29-Apr-22	1.985	208,205	Ordinary
T. Rowe Price Japan, Inc.	29-Apr-22	1.980	8,988	Ordinary
T. Rowe Price Japan, Inc.	29-Apr-22	1.985	16,841	Ordinary
T. Rowe Price Associates, Inc.	29-Apr-22	1.980	62,025	Ordinary
T. Rowe Price Associates, Inc.	29-Apr-22	1.985	116,224	Ordinary
T. Rowe Price Associates, Inc.	29-Apr-22	1.980	104,192	Ordinary
T. Rowe Price Associates, Inc.	29-Apr-22	1.985	195,237	Ordinary
T. Rowe Price Associates, Inc.	29-Apr-22	1.980	90,746	Ordinary
T. Rowe Price Associates, Inc.	29-Apr-22	1.985	170,041	Ordinary
T. Rowe Price Associates, Inc.	29-Apr-22	1.930	1,199	Ordinary
T. Rowe Price Associates, Inc.	29-Apr-22	1.930	1,139	Ordinary

This is annexure 2 referred to on page 1 of Form 603 (Notice of Initial Substantial Holder)

Gary Greb, Vice President

3-May-22

747,246

163,781

237,309

346,157

7,848

Ordinary

Ordinary

Ordinary

Ordinary

Ordinary