Paladin Energy seeks approvals for capital raise, executive compensation at AGM

Paladin Energy Ltd has announced its Annual General Meeting (AGM) to be held on Tuesday, 18 November 2025, in Perth, Western Australia. Shareholders will vote on several key resolutions, including the adoption of the remuneration report and the election of new non-executive directors Anne Templeman-Jones and Michele Buchignani. Shareholders are encouraged to vote online or via proxy by 9:00am (AWST) on Sunday, 16 November 2025.

Two significant resolutions involve the ratification of prior share issues: 31,915,288 shares from an ASX institutional placement in September 2025 (at A$7.25 per share) and 4,504,505 shares from a Canadian “bought deal” private placement in September 2025 (at C$6.66 per share). Proceeds totaling A$231 million and C$30 million, respectively, will fund the Patterson Lake South project and general working capital.

Additionally, shareholders will consider approving an increase in the maximum aggregate non-executive directors' fees from A$1,200,000 to A$1,800,000 per annum, reflecting the company’s increased complexity and market competitiveness. The board has also sought approval for a new Performance Share Rights Plan, with up to 4,950,000 securities to be issued over three years.