Ms. Paula Raffo reports

INDEPENDENT NON-EXECUTIVE DIRECTOR APPOINTED

Paladin Energy Ltd. has appointed Anne Templeman-Jones as independent non-executive director of the company.

Ms. Templeman-Jones is a highly experienced non-executive director who has had a wide-ranging executive career in finance, corporate and private banking roles. She commenced her career in a variety of audit and tax roles with PWC internationally and within Australia. Her banking career included senior positions with ANZ Bank and Westpac.

For the past decade, Ms. Templeman-Jones has held a diverse portfolio of board roles, including with Australian Securities Exchange-listed Commonwealth Bank of Australia, global engineering service company Worley Ltd., which operates across the mining minerals, oil and gas, chemical, and renewable energy sectors, software and technology service provider The Trifork AG Group, and automotive product provider GUD Holdings Ltd.

Ms. Templeman-Jones has made a significant contribution to a range of public boards, including as a director of the Cyber Security Cooperative Research Centre, a $300-million federal government fund to strengthen Australia's cybersecurity capabilities.

Paladin chair Cliff Lawrenson said: "We are delighted to welcome a new independent director of Anne's experience and capability to the Paladin Energy board at this exciting time in our journey as a proven developer and uranium producer with a multidecade growth pipeline of projects. Anne's extensive knowledge of audit, risk, technology transformation and financing will be a real asset for the board and shareholders. She will take a leadership role on the board in these areas as chair elect of our audit and risk committee, as well as contributing to the ongoing development of global strategy and compliance in multiple jurisdictions."

Ms. Templeman-Jones's appointment to the Paladin board is effective May 5, 2025, and election by shareholders will be sought at the 2025 annual general meeting.