Paladin Energy Ltd · ASX:PDN
Paladin Energy — FY2026 Earnings Presentation
16 slides from Paladin Energy's earnings presentation, Aug 26, 2026
Slide 1: FY2026 Results Presentation
For personal use only FY2026 Results Presentation 26 August 2026
Slide 2: Important Notice
Important Notice This presentation (Presentation) is dated 26 August 2026 and has been factors associated with the mining industry), many of which are outside the presentation as Non-IFRS Measures) to supplement analysis of its prepared by Paladin Energy Ltd (Paladin, the Company) based on control o
Slide 3: Global operational uranium producer with scale and growth potential
Leveraging market Delivering sequenced strength production growth For personal use only Capitalising on growing demand Advancing a multi-decade for nuclear energy, a secure and production, development and reliable source of baseload power exploration pipeline across Namibia, essential for meeting th
Slide 4: Multi-decade production and growth pipeline to capitalise on the growing uranium supply deficit
Multi-decade production and growth pipeline to capitalise on the growing uranium supply deficit For personal use only Namibia Canada Advanced exploration portfolio in Canada and Australia Production Development and Preliminary Economic Advanced Exploration1 Early-Stage Exploration Exploration Assess
Slide 5: FY2026 Operational Results
FY2026 Operational Results LHM ramp-up successfully completed during the year, delivering strong operational performance For personal use only Langer Heinrich Mine FY2026 FY2025 Change Comments (100%)1 Waste mined Mt 18.32 1.01 nm5 Transitioned to full mining during Total ore mined2 Mt 6.09 2.22 1
Slide 6: FY2026 Financial Results
FY2026 Financial Results Financial performance reflects the successful ramp-up of LHM with higher uranium production and sales volumes driving a significant increase in revenue and gross profit For personal use only FY2026 FY2025 Change Comments Higher sales contract pricing and Average Realised Pri
Slide 7: FY2026 Cashflow
FY2026 Cashflow For personal use only For the twelve-month period ended 30 June 2026 330 US$ million 257 265 (62) (204) (37) (17) (15) 89 (41) (35) Cash Cash && Customer Customer LHM LHM LHM LHM LG LHM LHM stripping LHM Capital PLS PLSProject Project & & Other¹ Other¹ NetNetproceeds proceeds Debt De
Slide 8: FY2026 Income Statement
FY2026 Income Statement For personal use only For the twelve-month period ended 30 June 2026 US$ million 350 304 300 250 200 150 16 100 (209) (44) 52 50 (15) - (34) (27) (9) (50) Revenue Cost of Inventory Depreciation Selling costs Gross profit General and Finance Net loss production movements¹ & am
Slide 9: FY2026 Sustainability Highlights
3.2 99% For personal use only Group TRIF1 at 30 June of LHM employees are 2026 Namibian Nationals FY2026 Sustainability US$550k EIS approval Highlights invested in community programs across Namibia by the Saskatchewan Government for the and Canada PLS Project 1. Total recordable injury frequency per
Slide 10: LHM FY2027 Guidance
LHM FY2027 Guidance1 For personal use only Guidance (100%) 2,3 FY2027 U3O8 Produced4 Mlb 5.1 – 5.6 U3O8 Sold5 Mlb 4.8 – 5.3 Cost of Production6 US$/lb 44 – 48 Capital Expenditure7 US$ 29 – 35 Average Realised Price Sensitivity FY2027 Uranium Spot Price Assumption (US$/lb) Forecast Average Realised P
Slide 11: Paladin is well-placed to capture the growing uranium supply deficit
Paladin is well-placed to capture the growing uranium supply deficit For personal use only Producing Unlocking Driving growth Delivering uranium for Patterson Lake through sustained sustainable value global energy South Project for exploration security today nuclear energy expansion tomorrow 11
Slide 12: Thank you
For personal use only Thank you. INVESTOR RELATIONS MEDIA Paula Raffo Anthony Hasluck T: +61 8 9423 8100 T: +61 438 522 194 E: paula.raffo@paladinenergy.com.au E: anthony.hasluck@paladinenergy.com.au
Slide 13: Appendix
For personal use only Appendix.
Slide 14: LHM ramp-up safely and successfully completed
LHM ramp-up safely and successfully completed Mining Processing Sales For personal use only Total mined material was 24.41Mt in Production of 4.82Mlb U₃O₈ at an average Sales of 4.35Mlb U₃O₈ and Average FY2026, with 7.45Mt mined in Q4 recovery rate of 90% in FY2026, driven by Realised Price1 at US$7
Slide 15: De-risking and unlocking value of the PLS Project
De-risking and unlocking value of the PLS Project Significant milestones achieved on Fission integration and advancement of the PLS Project For personal use only Next steps Jul 2026 Jun 2026 Apr 2026 Continue to Completion of Ongoing Feb 2026 advance the FEED study engagement CNSC and readiness with
Slide 16: Non-IFRS Measures
Non-IFRS Measures For personal use only The Non-IFRS Measures used in this Presentation are described below. Average Realised Price Average Realised Price is a Non-IFRS Measure that represents the average revenue received per pound of U 3O8 sold during a given period. It is calculated by dividing to