Appointment of Managing Director and Chief Executive Officer

Group 1 - Perseus Mining Limited has appointed Mr. Craig Jones as the new Managing Director and Chief Executive Officer (CEO) effective October 1, 2025 [1] - The appointment follows the retirement of former Managing Director and CEO, Mr. Jeff Quartermaine, on September 30, 2025 [1] - Mr. Jones had been serving as CEO-Designate since August 18, 2025, during the leadership transition period [1] Group 2 - The market release dated August 1, 2025, contains details of Mr. Jones's experience and remuneration package [2] - The announcement was authorized for release by the Chairman of the Board, Mr. Rick Menell [3]