• Produced 188,841 oz of gold at an AISC of US$1,649/oz
• Notional cashflow of US$301M and net cash of US$755M
• Increased Nyanzaga Ore Reserves by 73% to 4.0 Moz
• Reaffirmed FY2026 production and cost guidance

Perseus Mining has reported excellent results for the first half of the 2026 financial year, with strong operational and financial performance across its portfolio of gold mines in West Africa. The company produced 188,841 ounces of gold at an all-in site cost (AISC) of US$1,649 per ounce, generating a notional cashflow of US$301 million and ending the period with a net cash position of US$755 million. Perseus also announced a 73% increase in the Ore Reserves at its Nyanzaga project in Tanzania to 4.0 million ounces, extending the mine life to 16 years at over 200,000 ounces per annum. The company reaffirmed its FY2026 production and cost guidance, with the Yaouré, Edikan, and Sissingué gold mines expected to produce between 400,000 and 440,000 ounces at an AISC of US$1,600 to US$1,760 per ounce. Perseus also highlighted its strong balance sheet, with US$400 million in undrawn debt facilities and a focus on capital management, including a 100% increase in the interim dividend to AUD 5 cents per share and a renewed share buyback program of up to AUD 100 million. The company continues to make significant economic contributions to its host countries, including US$144 million in taxes and royalties, US$340 million in other economic contributions, and US$28.5 million in employee wages and benefits.

Perseus Mining reaffirmed its FY2026 production guidance of 400,000 to 440,000 ounces of gold at an all-in site cost of US$1,600 to US$1,760 per ounce.

Perseus Mining is well-positioned as a mid-tier, low-cost gold producer with a diversified portfolio of long-life, high-quality assets. The company continues to focus on optimizing its operations, funding its growth strategy, and returning surplus capital to shareholders.