Citigroup exits substantial holding in Paladin Energy

Citigroup Global Markets Australia Pty Limited and its related entities ceased to be a substantial holder in Paladin Energy Ltd. as of September 22, 2025. This follows a previous notice given on September 18, 2025.

Changes in relevant interests included Citibank, N.A. decreasing its holdings by 4,720 ordinary fully paid shares, and Citibank, N.A. Sydney Branch decreasing its holdings by 736,212 ordinary fully paid shares. Conversely, Citigroup Global Markets Australia Pty Limited increased its holdings by 57,686 ordinary fully paid shares.

Additionally, Citigroup Global Markets Inc. and Citigroup Global Markets Limited both decreased their holdings by 5,499,320 and 166,259 ordinary fully paid shares, respectively. These changes primarily reflect movements in relevant interests due to contracts entered into in the ordinary course of business on a stock market, involving standard terms and conditions.

In a related but separate announcement, State Street Corporation reported a change in its substantial holding in Paladin Energy Ltd. on September 22, 2025, with its voting power decreasing from 11.67% to 10.07%. This change was attributed to various lend-for-stock and collateral received/returned transactions.