Appointment of Managing Director and Chief Executive Officer

Perth, WA, Oct. 01, 2025 (GLOBE NEWSWIRE) -- perseus mining confirms appointment of new managing director and chief executive officer Perseus Mining Limited (ASX/TSX:PRU) is pleased to announce that Mr Craig Jones has been appointed to the position of Managing Director and Chief Executive Officer (CEO) effective 1 October 2025. The appointment follows the retirement of former Managing Director and CEO, Mr Jeff Quartermaine, on 30 September 2025, and the period of leadership transition since Mr Jones commenced in the role of CEO-Designate on 18 August 2025. Reference is made to Perseus’s market release dated 1 August 2025 containing details of Mr Jones’s experience and remuneration package. This market announcement was authorised for release by the Chairman of the Board of Perseus Mining Limited, Mr Rick Menell. ASX/TSX CODE: PRU CAPITAL STRUCTURE: Ordinary shares: 1,351,166,409 Performance rights: 8,618,344 REGISTERED OFFICE: Level 2 437 Roberts Road Subiaco WA 6008 Telephone: +61 8 6144 1700 www.perseusmining.com DIRECTORS: Rick Menell Non-Executive Chairman Craig Jones Managing Director & CEO Amber Banfield Non-Executive Director Elissa Cornelius Non-Executive Director Dan Lougher Non-Executive Director John McGloin Non-Executive Director James Rutherford Non-Executive Director CONTACTS: Craig Jones Managing Director & CEO [email protected] Stephen Forman Investor Relations +61 484 036 681 [email protected] Nathan Ryan Media +61 420 582 887 [email protected] Attachment 01102025_Market Update_Appointment of Managing Director