PLS Resources and Reserves Re-Reported to JORC Code

PERTH, Australia, Aug. 19, 2026 (GLOBE NEWSWIRE) -- Paladin Energy Ltd (ASX:PDN, TSX:PDN, OTCQX:PALAF) (“Paladin” or the “Company”) is pleased to advise that it has released its Mineral Resource and Ore Reserve estimates for the Patterson Lake South (“PLS”) project in accordance with the JORC Code (2012), complementing its prior and ongoing disclosure under NI 43-101.

The announcement is available on the Company’s website (https://www.paladinenergy.com.au/investors/asx-announcements/).

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

Contacts

Investor Relations Paula Raffo T: +61 8 9423 8100 E: paula.raffo@paladinenergy.com.au	Media Anthony Hasluck T: +61 438 522 194 E: anthony.hasluck@paladinenergy.com.au

About Paladin

Paladin Energy Ltd (ASX:PDN TSX: PDN OTCQX:PALAF) is a globally significant independent uranium producer with a 75% ownership of the world-class long-life Langer Heinrich Mine in Namibia. In Canada, Paladin is progressing development of the Tier-1, high grade and shallow Patterson Lake South (PLS) Project in northern Saskatchewan and has an extensive portfolio of exploration assets within the province’s highly prospective Athabasca Basin and also at the Michelin project in Newfoundland and Labrador. In Australia, Paladin owns uranium exploration assets in Queensland and Western Australia. Paladin is committed to a sustainability framework that ensures responsible, accountable and transparent management of uranium resources - now and in the future. The Langer Heinrich Mine is delivering reliable uranium supplies to major nuclear utilities around the world, positioning Paladin as a meaningful contributor to baseload energy provision in multiple countries and global decarbonisation, whilst unlocking the PLS Project to support future global nuclear energy expansion.