FTI Consulting (Australia) Pty Limited ABN 49 160 397 811 | ACN 160 397 811 | AFSL Authorised Representative # 001269325 Level 47, Central Park | 152-158 St George's Terrace | Perth WA6000| Australia Postal Address | PO Box Z5486| PerthWA6831| Australia +61 8 9321 8533 telephone | fticonsulting.com Liability limited by a scheme approved under Professional Standards Legislation. 30 September 2026 ASX ANNOUNCEMENT Appointment of Voluntary Administrators Paradigm Biopharmaceuticals Limited (Administrators Appointed) ACN 169 346 963 (ASX:PAR) (“the Company”) announces that the Directors of the Company resolved on 29 September 2026 to appoint Christopher Pattinson and Hayden White as Joint and Several Administrators (“Administrators”) pursuant to Section 436A of the Corporations Act 2001 (Cth). As a result of their appointment, the Administrators are now in control of the Company’s business, operations and assets. The Administrators are working closely with the Company’s key stakeholders to quickly conduct an independent assessment of the Company and its ongoing and future viability, including an assessment of possible restructuring options. First statutory meeting of creditors A first statutory meeting of creditors must be held within eight business days after commencement of the administration and is expected to take place on 9 October 2026. Meeting notices setting out the time and location for the first meeting of creditors will be distributed to the Company’s creditors over coming days. Contact details and further information Information will be uploaded to the FTI Consulting website (www.fticonsulting.com) and the Paradigm Biopharmaceuticals website (https://paradigmbiopharma.com). Contact Details For further information, enquiries can be directed as follows: p. 2 of 2 Media Enquiries Creditor and Supplier Enquiries Cameron Morse Strategic Communications FTI Consulting T: +61 (0) 433 886 871 E: cameron.morse@fticonsulting.com James Dunne Corporate Finance FTI Consulting T: +61 8 6430 1303 E: James.Dunne@fticonsulting.com END