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CLASS ACTION UPDATE

T.PDN

PERTH, Australia, May 29, 2025 /CNW/ - Paladin Energy Ltd (ASX:PDN, TSX:PDN, OTCQX:PALAF) (Paladin) refers to its announcement dated 16 April 2025 regarding a class action proceeding in the Supreme Court of Victoria.

CLASS ACTION UPDATE (CNW Group/Paladin Energy Ltd)

Paladin has become aware that another class action law firm intends to file proceedings against Paladin in the Supreme Court of Victoria involving similar claims to the existing class action proceedings except that the allegations relate to the period between 27 June 2024 and 25 March 2025.

Paladin intends to strongly defend any proceedings in relation to these matters, if they are commenced

This announcement has been authorised for release by the Board of Directors of Paladin Energy Ltd.

For further information contact:

Investor Relations

Head Office

Paula Raffo

Paladin Investor Relations

T: +61 8 9423 8100

E: paula.raffo@paladinenergy.com.au

Canada

Bob Hemmerling

Paladin Investor Relations

T: +1 250-868-8140

E: Bob.Hemmerling@paladinenergy.ca

Media

Head Office

Anthony Hasluck

Paladin Corporate Affairs

T: +61 438 522 194

E: anthony.hasluck@paladinenergy.com.au

Canada

Ian Hamilton, Partner

FGS Longview

T: +1 905-399-6591

E: ian.hamilton@fgslongview.com

SOURCE Paladin Energy Ltd

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/May2025/29/c6222.html



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