Mr. Craig Jones reports

PERSEUS PROPOSAL TO ACQUIRE PREDICTIVE NO LONGER DEEMED A SUPERIOR PROPOSAL

Perseus Mining Ltd. has taken note of the Australian Securities Exchange release by Predictive Discovery Ltd. that a revised arrangement agreement has been received from Robex Resources Inc., which has been determined by the Predictive board as having matched under Robex's matching right (as per the terms of the arrangement agreement between Robex and Predictive dated Oct. 5, 2025).

As such, the Perseus binding offer for Predictive (as announced to the ASX on Dec. 3, 2025), which was subject to Robex not executing its matching right, is terminated.