Paladin Energy corrects presentation data, Citigroup becomes substantial shareholder

Paladin Energy Ltd announced a correction to a supporting table in its investor presentations, "PLS Project Update – Presentation" (dated August 28, 2025) and "A$300m Fully Underwritten Equity Raising - Presentation" (dated September 16, 2025). The correction addresses a transposition error in the ore reserves columns of the peer projects table, clarifying that the error does not affect information in the main body of the presentations. The corrected slide was attached to the announcement.

In a related development on September 16, 2025, Citigroup Global Markets Australia Pty Limited became a substantial shareholder in Paladin Energy Ltd, holding a 5.2641% voting power with 21,009,743 ordinary fully paid securities. These relevant interests are held across various Citigroup entities, including Citibank N.A., Citibank, N.A. Sydney Branch, and Citigroup Global Markets Inc, through contracts and securities lending agreements.

The total consideration for these relevant interests acquired within the four months prior to September 16, 2025, was disclosed, with various acquisition dates and consideration terms.