Paladin Energy Ltd - Appointment of independent non-executive director

Paladin Energy Ltd (Paladin or the Company) is pleased to announce the appointment of Dr Jon Hronsky OAM as independent non-executive director of the Company effective 20 March 2023.

Dr Hronsky has more than thirty-five years of experience in the global mineral exploration industry, primarily focused on project generation, technical innovation and exploration strategy development across a diverse range of commodities and geographies.

Dr Hronsky's experience includes leadership roles in both major mining and junior mining companies, and he has consulted globally for the last 16 years. Previously, Dr Hronsky was Manager-Strategy & Generative Services for BHP Billiton Mineral Exploration and Global Geoscience Leader for WMC Resources Ltd

Dr Hronsky is one of the Principals at Western Mining Services, a global geological consultancy and an Adjunct Professor at the Centre for Exploration Targeting at University of Western Australia. Dr Hronsky is a non-executive director of ASX listed Encounter Resources (ASX: ENR) and Caspin Resources (ASX: CPN), a non-executive director of Plutonic Limited and a General Partner - Global Targeting and Research at Ibaera Capital. In January 2019, Dr Hronsky was awarded the Order of Australia Medal for services to the mining industry.

Paladin Chairman Cliff Lawrenson said 'We are delighted to welcome Jon to the Paladin Energy Board. Jon's extensive experience in the geology and mineral targeting sectors brings a unique skill set to the Board, complementing the background of our existing directors. Jon's expertise will be invaluable as we continue to progress Langer Heinrich towards production and advance our exploration projects across Namibia, Australia and Canada. Jon's appointment reflects Paladin's commitment to maintaining the highest standards of governance as we continue to grow as an organisation.'

Contact:

Ian Purdy

Tel: +61 8 9423 8117

Email: paladin@paladinenergy.com.au

About Paladin

Paladin Energy Ltd (ASX:PDN OTCQX:PALAF) is an Australian listed, independent uranium company with a focus on restarting its globally significant Langer Heinrich Mine, currently progressing to commercial production in CY2024. With a proven operations performance over 10 years, Langer Heinrich is on track for successful, long-life operations delivering real stakeholder value. The mine's future-facing drive includes a robust ESG framework in place to support its accountability-led contribution to decarbonisation. The Company also owns a large global portfolio of uranium exploration and development assets. As nuclear power remains a leading sustainable source of low-carbon electricity generation, Paladin has a clear role in positive, worldwide change.