• Revenue increased to US$608.5 million, up 5% on the prior corresponding period
• US$185.5 million Profit after Tax
• Interim dividend of A$ 5.00 cents per share declared, a 100% increase on H1 FY25 interim return

Perseus Mining Limited (ASX/TSX: PRU) is pleased to report material improvements across all key financial metrics including revenue, EBITDA, profit after tax, operating cash flow and net cash position in its Interim Financial Report for the six months ending 31 December 2025 (H1 FY26). Revenue increased against the 2024 comparative period by 5% to US$608 million due to a 38% increase in the average gold price realised of US$3,241/ounce, offset by 23% less gold sold, due to an expected decrease in production. The Group's net profit after tax for the period ended 31 December 2025 was 8% lower on the comparative period at US$185.5 million, after bringing to account a foreign exchange loss of US$26.9 million and 46% lower depreciation and amortisation of US$47.5 million. The Group generated net cash from operating activities for the half year ended 31 December 2025 of US$193.4 million, down 22% on the comparative period. Cash outflows from investing activities increased 127% to US$166.9 million due to the ramp up in development activity at both the Nyanzaga project in Tanzania and the CMA Underground project in Cote D'Ivoire. As at 31 December 2025, Perseus had cash on hand of US$683.1 million and 16,450 ounces of gold bullion valued at US$71.8 million.

FY26 market guidance of 400,000 to 440,000oz gold production at US$1,600 to US$1,760/oz AISC confirmed.