Debt Restructure Leverages Enhanced Liquidity

Core Viewpoint - Paladin Energy Ltd has successfully restructured its syndicated debt facility, reducing the overall debt capacity from US$150 million to US$110 million, which reflects the company's improved liquidity and maturity as a uranium producer [2][3]. Group 1: Debt Restructure Details - The debt restructure was executed on December 18, 2025, and is conditional on the finalization of customary conditions [1]. - The original debt facility was established in January 2024, prior to the resumption of production at the Langer Heinrich Mine and the acquisition of Fission Uranium Corp [2]. - The restructure includes a repayment of US$39.8 million to reduce the Term Loan Facility upon completion [3]. Group 2: Financial Terms of the New Debt Facility - The restructured debt facility consists of a US$110 million total, with a Term Loan Facility of US$40 million (previously US$79.8 million) and an undrawn Revolving Credit Facility of US$70 million [4][5]. - The Term Loan Facility matures on February 28, 2029, while the Revolving Credit Facility matures on February 28, 2027, with options for two one-year extensions [4]. - The facility is secured and includes customary covenants, such as debt service coverage ratio and minimum cash balance requirements [4].