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PREDICTIVE DISCOVERY LIMITED Major Shareholding Notification 2024

Sep 5, 2024

65537_rns_2024-09-05_0df021fb-4bbb-4848-a4f5-5f8759521c57.pdf

Major Shareholding Notification

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PERSEUS INCREASES INVESTMENT IN PREDICTIVE TO 19.9%

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'sinterests 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.

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]

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