Panthers can confirm Will Smith has extended his stay with the club until the end of the 2016 season.
The 23-year-old utility back said he was excited to have secured another season with the Panthers.
"This club is on the rise and it's great to know I will have the opportunity to be a part of that," Smith said.
"There’s a great culture here in Penrith, along with a great bunch of guys in the team.
"My first goal for next season is to cement a starting spot in the side – that will be my focus."