• Perseus signs US$400 million syndicated revolving corporate facility
• Facility provides more than US$1.2 billion of available liquidity
• Competitive pricing achieved with total margin reduction of 125 basis points

Perseus Mining Ltd has announced that it has successfully executed an amendment, including an upsize and extension, of its existing syndicated loan facility. The amended facility has been increased to US$400 million plus a US$100 million Accordion Option, with a three-year term plus an option to extend for two years (1+1). Very competitive pricing was achieved on the new extended facility, being reverse-flexed in syndication due to strong demand and resulting in a total margin reduction of 125 basis points from the existing facility. Amendments were made to provide Perseus with more flexibility across a range of terms, including Financial Covenants, reflecting the continued enhancement of Perseus' credit profile. The amended facility is available for general corporate purposes, subject to the satisfaction of certain customary conditions precedent, and combined with Perseus's 30th Sept 2025 net cash position of US$837 million, it provides the company with more than US$1,237 million of available liquidity. The new banking consortium consists of eight international banks, including two new banks joining the syndication.

With cash and undrawn debt capacity exceeding US$1.2 billion, Perseus is fully funded to deliver on its 5 Year Outlook and pursue future growth opportunities.