PERSEUS MINING LIMITED — Major Shareholding Notification 2023

Jan 10, 2023

603 page 1/2

15 July 2001

Form 603

Corporations Act 2001 Section 671B

Notice of initial substantial holder

To Company Name/Scheme ACN/ARSN 1. Details of substantial holder (1) Name ACN/ARSN (if applicable) The holder became a substantial holder on	Perseus Mining Limited 106 808 986 Vanguard Group (The Vanguard Group, Inc. and its controlled entities including those
	listed in Annexure A)
	N/A
	05 January 2023

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	68,686,302	68,686,302	5.023%

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
Vanguard Group	Vanguard Group is the manager of various Mutual funds and accounts and in that capacity has the power to dispose of the shares. The other members of Vanguard Group have a relevant interest under section 608(3) of the Corporations Act.	Ordinary – 68,686,302

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 securities	Person entitled to be registered as holder (8)	Class and number of securities
Vanguard Group	Brown Brothers Harriman	Various funds and other accounts of Vanguard Group	Ordinary – 734,710
Vanguard Group	BNY Mellon	Various funds and other accounts of Vanguard Group	Ordinary – 7,207,182
Vanguard Group	JP Morgan Chase Bank, N.A.	Various funds and other accounts of Vanguard Group	Ordinary – 49,234,505
Vanguard Group	State Street Bank and Trust Company	Various funds and other accounts of Vanguard Group	Ordinary – 11,509,905

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 A

603 page 2/2

15 July 2001

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)	Name and ACN/ARSN (if applicable)	Name and ACN/ARSN (if applicable)	Nature of association
N/A			N/A
dresses ddresses of persons named in this form ar
Name			Address
Vanguard Group			P.O. Box 2600, V26 Valley Forge, PA 19482 USA
print name sign here
			date 10 January 2023

7. Addresses

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

Annexure A

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To Company Perseus Mining Limited
ACN/ARSN 106 808 986
Substantial Holder Name Vanguard Group
ACN/ARSN N/A
Consideration
Nature of given in relation Number of securities Person's votes
Date of change Person whose relevant interest changed Change(6) to change(7) Class affected affected
8-Sep-22 The Vanguard Group, Inc. BUY 1.51 Ordinary 296,371 296,371
9-Sep-22 The Vanguard Group, Inc. BUY 1.56 Ordinary 11,085 11,085
12-Sep-22 The Vanguard Group, Inc. BUY 1.51 Ordinary 17,736 17,736
16-Sep-22 The Vanguard Group, Inc. BUY 1.41 Ordinary 1,012,426 1,012,426
16-Sep-22 The Vanguard Group, Inc. BUY 1.41 Ordinary 38,386 38,386
20-Sep-22 The Vanguard Group, Inc. BUY 1.45 Ordinary 203,803 203,803
20-Sep-22 The Vanguard Group, Inc. BUY 1.45 Ordinary 203,805 203,805
21-Sep-22 The Vanguard Group, Inc. BUY 1.43 Ordinary 14,634 14,634
21-Sep-22 The Vanguard Group, Inc. BUY 1.43 Ordinary 134,008 134,008
21-Sep-22 The Vanguard Group, Inc. BUY 1.43 Ordinary 240,152 240,152
21-Sep-22 The Vanguard Group, Inc. BUY 1.43 Ordinary 134,009 134,009
23-Sep-22 The Vanguard Group, Inc. BUY 1.45 Ordinary 349,252 349,252
23-Sep-22 The Vanguard Group, Inc. BUY 1.45 Ordinary 194,887 194,887
23-Sep-22 The Vanguard Group, Inc. BUY 1.45 Ordinary 25,978 25,978
26-Sep-22 The Vanguard Group, Inc. BUY 1.34 Ordinary 19,512 19,512
27-Sep-22 The Vanguard Group, Inc. BUY 1.40 Ordinary 32,771 32,771
27-Sep-22 The Vanguard Group, Inc. SELL 1.37 Ordinary (45,480) (45,480)
27-Sep-22 The Vanguard Group, Inc. BUY 1.37 Ordinary 590,751 590,751
28-Sep-22 The Vanguard Group, Inc. BUY 1.42 Ordinary 21,534 21,534
28-Sep-22 The Vanguard Group, Inc. BUY 1.42 Ordinary 372,848 372,848
4-Oct-22 The Vanguard Group, Inc. BUY 1.58 Ordinary 225,811 225,811
4-Oct-22 The Vanguard Group, Inc. BUY 1.64 Ordinary 5,712 5,712
10-Oct-22 The Vanguard Group, Inc. BUY 1.60 Ordinary 274,571 274,571
11-Oct-22 The Vanguard Group, Inc. BUY 1.60 Ordinary 2,498 2,498
11-Oct-22 The Vanguard Group, Inc. BUY 1.59 Ordinary 8,088 8,088
12-Oct-22 The Vanguard Group, Inc. BUY 1.61 Ordinary 21,568 21,568
13-Oct-22 The Vanguard Group, Inc. BUY 1.61 Ordinary 52,350 52,350
20-Oct-22 The Vanguard Group, Inc. BUY 1.64 Ordinary 20,112 20,112
21-Oct-22 The Vanguard Group, Inc. BUY 1.72 Ordinary 725 725
21-Oct-22 The Vanguard Group, Inc. BUY 1.78 Ordinary 15,084 15,084
21-Oct-22 The Vanguard Group, Inc. BUY 1.78 Ordinary 17,598 17,598
21-Oct-22 The Vanguard Group, Inc. BUY 1.78 Ordinary 9,996 9,996
26-Oct-22 The Vanguard Group, Inc. BUY 1.83 Ordinary 19,782 19,782
28-Oct-22 The Vanguard Group, Inc. BUY 1.83 Ordinary 13,188 13,188
1-Nov-22 The Vanguard Group, Inc. BUY 1.85 Ordinary 28,574 28,574
2-Nov-22 The Vanguard Group, Inc. BUY 1.81 Ordinary 7,580 7,580
4-Nov-22 The Vanguard Group, Inc. BUY 1.95 Ordinary 45,480 45,480
4-Nov-22 The Vanguard Group, Inc. BUY 1.95 Ordinary 16,387 16,387
4-Nov-22 The Vanguard Group, Inc. BUY 1.95 Ordinary 14,046 14,046
4-Nov-22 The Vanguard Group, Inc. BUY 1.84 Ordinary 244,746 244,746
10-Nov-22 The Vanguard Group, Inc. BUY 2.14 Ordinary 11,700 11,700
10-Nov-22 The Vanguard Group, Inc. BUY 2.14 Ordinary 9,360 9,360
10-Nov-22 The Vanguard Group, Inc. BUY 2.14 Ordinary 14,040 14,040
11-Nov-22 The Vanguard Group, Inc. BUY 2.15 Ordinary 26,446 26,446
15-Nov-22 The Vanguard Group, Inc. BUY 2.19 Ordinary 36,545 36,545
16-Nov-22 The Vanguard Group, Inc. SELL 2.15 Ordinary (4,284) (4,284)
18-Nov-22 The Vanguard Group, Inc. BUY 2.15 Ordinary 32,895 32,895
21-Nov-22 The Vanguard Group, Inc. BUY 2.12 Ordinary 6,579 6,579
22-Nov-22 The Vanguard Group, Inc. BUY 2.18 Ordinary 11,620 11,620
25-Nov-22 The Vanguard Group, Inc. SELL 2.18 Ordinary (8,916) (8,916)
1-Dec-22 The Vanguard Group, Inc. SELL 2.25 Ordinary (5,944) (5,944)
2-Dec-22 The Vanguard Group, Inc. BUY 2.36 Ordinary 13,158 13,158
5-Dec-22 The Vanguard Group, Inc. BUY 2.23 Ordinary 6,579 6,579
8-Dec-22 The Vanguard Group, Inc. BUY 2.29 Ordinary 6,579 6,579
9-Dec-22 The Vanguard Group, Inc. BUY 2.22 Ordinary 6,579 6,579
13-Dec-22 The Vanguard Group, Inc. BUY 2.17 Ordinary 13,158 13,158
16-Dec-22 The Vanguard Group, Inc. BUY 2.13 Ordinary 41,682 41,682
16-Dec-22 The Vanguard Group, Inc. BUY 2.14 Ordinary 29,362 29,362
16-Dec-22 The Vanguard Group, Inc. BUY 2.13 Ordinary 109,289 109,289
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Annexure A

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Consideration
Nature of given in relation Number of securities Person's votes
Date of change Person whose relevant interest changed Change(6) to change(7) Class affected affected
16-Dec-22 The Vanguard Group, Inc. SELL 2.13 Ordinary (146,536) (146,536)
16-Dec-22 The Vanguard Group, Inc. BUY 2.14 Ordinary 1,391 1,391
16-Dec-22 The Vanguard Group, Inc. BUY 2.13 Ordinary 5,179 5,179
22-Dec-22 The Vanguard Group, Inc. BUY 2.19 Ordinary 6,215 6,215
28-Dec-22 The Vanguard Group, Inc. BUY 2.12 Ordinary 26,388 26,388
29-Dec-22 The Vanguard Group, Inc. BUY 2.13 Ordinary 13,194 13,194
4-Jan-23 The Vanguard Group, Inc. BUY 2.20 Ordinary 6,188 6,188
5-Jan-23 The Vanguard Group, Inc. BUY 2.21 Ordinary 627,332 627,332
5-Jan-23 The Vanguard Group, Inc. SELL 2.19 Ordinary (174,877) (174,877)
8-Sep-22 Vanguard Investments Australia Ltd. BUY 1.50 Ordinary 9,492 9,492
9-Sep-22 Vanguard Investments Australia Ltd. BUY 1.54 Ordinary 34,150 34,150
12-Sep-22 Vanguard Investments Australia Ltd. BUY 1.51 Ordinary 6,855 6,855
16-Sep-22 Vanguard Investments Australia Ltd. BUY 1.41 Ordinary 943,940 943,940
16-Sep-22 Vanguard Investments Australia Ltd. SELL 1.41 Ordinary (47,032) (47,032)
19-Sep-22 Vanguard Investments Australia Ltd. BUY 1.42 Ordinary 6,370 6,370
20-Sep-22 Vanguard Investments Australia Ltd. BUY 1.45 Ordinary 6,380 6,380
23-Sep-22 Vanguard Investments Australia Ltd. BUY 1.45 Ordinary 10,160 10,160
23-Sep-22 Vanguard Investments Australia Ltd. BUY 1.45 Ordinary 25,400 25,400
23-Sep-22 Vanguard Investments Australia Ltd. BUY 1.45 Ordinary 12,783 12,783
27-Sep-22 Vanguard Investments Australia Ltd. BUY 1.40 Ordinary 11,394 11,394
29-Sep-22 Vanguard Investments Australia Ltd. BUY 1.45 Ordinary 11,223 11,223
30-Sep-22 Vanguard Investments Australia Ltd. SELL 1.52 Ordinary (34,692) (34,692)
3-Oct-22 Vanguard Investments Australia Ltd. BUY 1.51 Ordinary 10,926 10,926
3-Oct-22 Vanguard Investments Australia Ltd. BUY 1.51 Ordinary 24,280 24,280
5-Oct-22 Vanguard Investments Australia Ltd. BUY 1.66 Ordinary 7,338 7,338
11-Oct-22 Vanguard Investments Australia Ltd. BUY 1.60 Ordinary 8,498 8,498
13-Oct-22 Vanguard Investments Australia Ltd. BUY 1.61 Ordinary 4,137 4,137
17-Oct-22 Vanguard Investments Australia Ltd. BUY 1.55 Ordinary 6,105 6,105
18-Oct-22 Vanguard Investments Australia Ltd. BUY 1.61 Ordinary 24,540 24,540
18-Oct-22 Vanguard Investments Australia Ltd. BUY 1.61 Ordinary 12,789 12,789
25-Oct-22 Vanguard Investments Australia Ltd. BUY 1.75 Ordinary 26,774 26,774
25-Oct-22 Vanguard Investments Australia Ltd. BUY 1.75 Ordinary 12,801 12,801
26-Oct-22 Vanguard Investments Australia Ltd. BUY 1.79 Ordinary 7,302 7,302
31-Oct-22 Vanguard Investments Australia Ltd. BUY 1.83 Ordinary 18,255 18,255
2-Nov-22 Vanguard Investments Australia Ltd. BUY 1.88 Ordinary 8,540 8,540
3-Nov-22 Vanguard Investments Australia Ltd. BUY 1.79 Ordinary 21,340 21,340
7-Nov-22 Vanguard Investments Australia Ltd. BUY 1.89 Ordinary 4,146 4,146
9-Nov-22 Vanguard Investments Australia Ltd. BUY 2.05 Ordinary 17,128 17,128
14-Nov-22 Vanguard Investments Australia Ltd. BUY 2.18 Ordinary 24,780 24,780
16-Nov-22 Vanguard Investments Australia Ltd. BUY 2.16 Ordinary 4,280 4,280
16-Nov-22 Vanguard Investments Australia Ltd. BUY 2.16 Ordinary 17,120 17,120
21-Nov-22 Vanguard Investments Australia Ltd. SELL 2.12 Ordinary (37,320) (37,320)
21-Nov-22 Vanguard Investments Australia Ltd. BUY 2.12 Ordinary 34,680 34,680
24-Nov-22 Vanguard Investments Australia Ltd. BUY 2.23 Ordinary 18,765 18,765
29-Nov-22 Vanguard Investments Australia Ltd. BUY 2.21 Ordinary 18,780 18,780
30-Nov-22 Vanguard Investments Australia Ltd. BUY 2.23 Ordinary 103,873 103,873
1-Dec-22 Vanguard Investments Australia Ltd. BUY 2.26 Ordinary 17,808 17,808
2-Dec-22 Vanguard Investments Australia Ltd. BUY 2.33 Ordinary 11,486 11,486
5-Dec-22 Vanguard Investments Australia Ltd. BUY 2.28 Ordinary 31,450 31,450
7-Dec-22 Vanguard Investments Australia Ltd. BUY 2.24 Ordinary 4,478 4,478
8-Dec-22 Vanguard Investments Australia Ltd. BUY 2.27 Ordinary 5,552 5,552
12-Dec-22 Vanguard Investments Australia Ltd. BUY 2.14 Ordinary 12,520 12,520
13-Dec-22 Vanguard Investments Australia Ltd. BUY 2.16 Ordinary 18,765 18,765
13-Dec-22 Vanguard Investments Australia Ltd. BUY 2.16 Ordinary 12,510 12,510
13-Dec-22 Vanguard Investments Australia Ltd. BUY 2.16 Ordinary 13,434 13,434
14-Dec-22 Vanguard Investments Australia Ltd. SELL 2.23 Ordinary (36,308) (36,308)
16-Dec-22 Vanguard Investments Australia Ltd. BUY 2.14 Ordinary 8,616 8,616
16-Dec-22 Vanguard Investments Australia Ltd. BUY 2.13 Ordinary 32,068 32,068
20-Dec-22 Vanguard Investments Australia Ltd. BUY 2.13 Ordinary 12,710 12,710
22-Dec-22 Vanguard Investments Australia Ltd. SELL 2.22 Ordinary (22,878) (22,878)
22-Dec-22 Vanguard Investments Australia Ltd. BUY 2.22 Ordinary 13,416 13,416
23-Dec-22 Vanguard Investments Australia Ltd. SELL 2.18 Ordinary (15,240) (15,240)
28-Dec-22 Vanguard Investments Australia Ltd. SELL 2.14 Ordinary (44,415) (44,415)
30-Dec-22 Vanguard Investments Australia Ltd. SELL 2.11 Ordinary (40,075) (40,075)
3-Jan-23 Vanguard Investments Australia Ltd. BUY 2.12 Ordinary 31,450 31,450
3-Jan-23 Vanguard Investments Australia Ltd. BUY 2.12 Ordinary 5,804 5,804
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Annexure A

Consideration Nature of given in relation Number of securities Person's votes Date of change Person whose relevant interest changed Change(6) to change(7) Class affected affected This is Annexure A of 3 pages referred to in Form 603, Notice of initial substantial holder.

Signature:

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Name: Shawn Acker Capacity: Compliance Manager Date: 10 January 2023

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