#1Polymetals Significant gold opportunity within Guinea's Siguiri Basin IPO Presentation - May 2021#2Disclaimer & Forward-Looking Statements These presentation materials and the accompanying verbal presentation (together, the Presentation Materials) are confidential and have been prepared by Polymetals Resources Ltd ABN 73 644 736 247 (Company). By receiving the Presentation Materials, you acknowledge and represent to the Company that you have read, understood and accepted the terms of this disclaimer. It is the responsibility of all recipients of these Presentation Materials to obtain all necessary approvals to receive these Presentation Materials and receipt of the Presentation Materials will be taken by the Company to constitute a representation and warranty that all relevant approvals have been obtained. NOT AN OFFER These Presentation Materials are for information purposes only. The Presentation Materials do not comprise a prospectus, product disclosure statement or other offering document under Australian law (and will not be lodged with the Australian Securities and Investments Commission) or any other law. The Presentation Materials also do not constitute or form part of any invitation, offer for sale or subscription or any solicitation for any offer to buy or subscribe for any securities nor shall they or any part of them form the basis of or be relied upon in connection therewith or act as any inducement to enter into any contractor commitment with respect to securities. In particular, these Presentation Materials do not constitute an offer to sell or a solicitation to buy, securities in the United States of America. NOT INVESTMENT ADVICE The Presentation Materials are not investment or financial product advice (nor tax, accounting, or legal advice) and are not intended to be used for the basis of making an investment decision. Recipients should obtain their own advice before making any investment decision. SUMMARY INFORMATION The Presentation Materials do not purport to be all inclusive or to contain all information about the Company or any of the assets, current or future, of the Company. The Presentation Materials contain summary information about the Company and its activities which is current as at the date of the Presentation Materials. The information in the Presentation Materials is of a general nature and does not purport to contain all the information which a prospective investor may require in evaluating a possible investment in the Company or that would be required in a prospectus or product disclosure statement or other offering document prepared in accordance with the requirements of Australian law or the laws of any other jurisdiction, including the United States of America. The Company does not undertake to provide any additional or updated information whether as a result of new information, future events or results or otherwise. PRE-PROSPECTUS LODGEMENT ADVERTISING DISCLAIMER The capital raising referenced in the Presentation Materials will be undertaken by the Company in connection with its proposed listing on ASX. The Company has prepared a prospectus (Prospectus) for the offer of fully paid ordinary shares in the capital of the Company (Shares) in relation to the capital raising contemplated by the Presentation Materials. A copy of the Prospectus is available on the Company's website. All offers of Shares for the capital raising referred to in this presentation will be made in, or accompanied by, the Prospectus. Investors should consider the Prospectus in deciding whether to acquire Shares and any person who wishes to apply for Shares must complete the application form that is contained in the Prospectus. FORWARD LOOKING STATEMENTS Certain statements contained in the Presentation Materials, including information as to the future financial or operating performance of the Company and its projects, are forward looking statements. Such forward looking statements: a) are necessarily based upon a number of estimates and assumptions that, while considered reasonable by the Company, are inherently subject to significant technical, business, economic, competitive, political; and social uncertainties and contingencies; b) involve known and unknown risks and uncertainties that could cause actual events or results to differ materially from estimated or anticipated events or results reflected in such forward-looking statements; and c) may include, among other things, statements regarding estimates and assumptions in respect of prices, costs, results and capital expenditure, and are or may be based on assumptions and estimates related to future technical, economic, market, political, social and other conditions. The Company disclaims any intent or obligation to publicly update any forward-looking statements, whether as a result of new information, future events or results or otherwise. The words "believe", "expect", "anticipate", "indicate", "contemplate", "target", "plan", "intends", "continue", "budget", "estimate”, “may”, "will", "schedule" and similar expressions identify forward looking statements. All forward looking statements contained in the Polymetals Presentation Materials are qualified by the foregoing cautionary statements. Recipients are cautioned that forward looking statements are not guarantees of future performance and accordingly recipients are cautioned not to put undue reliance on forward looking statements due to the inherent uncertainty therein. NO LIABILITY The Company has prepared the Presentation Materials based on information available to it at the time of preparation. No representation or warranty, express or implied, is made as to the fairness, accuracy or completeness of the information, opinions and conclusions contained in the Presentation Materials. To the maximum extent permitted by law, the Company, its related bodies corporate (as that term is defined in the Corporations Act 2001 (Commonwealth of Australia)) and the officers, directors, employees, advisers and agents of those entities do not accept any responsibility or liability including, without limitation, any liability arising from fault or negligence on the part of any person, for any loss arising from the use of the Presentation Materials or its contents or otherwise arising in connection with it. CONFIDENTIALITY & COMPETENT PERSONS STATEMENT The contents of these Presentation Materials are confidential. These Presentation Materials are being provided to you on the condition that you do not reproduce or communicate them or disclose them to, or discuss them with, any other person without the prior written consent of the Company. The information contained in this report relating to exploration results relates to information compiled or reviewed by Dr Christopher Johnston. Dr Johnston is a member of the Australasian Institute of Mining and Metallurgy and is a director of and consultant to the Company. Dr Johnston has sufficient experience of relevance to the styles of mineralisation and the types of deposit under consideration, and to the activities undertaken to qualify as Competent Persons as defined in the 2012 edition of the JORC "Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves". Dr Johnston consents to the inclusion in the Presentation Materials of the matters based on information in the form and context in which it appears. GENERAL NOTES All financials are denominated in Australian Dollars unless otherwise stated. Corporate Presentation | May 2021 2#3Introducing Polymetals Resources Ltd Polymetals Recognised Location Established Relationships Promising Results Strategic Leadership اس Guinea's Siguiri Basin hosts large orogenic gold deposits and remains underexplored. Polymetal's two Exploration Licences (112km²) are located 37km east of AngloGold Ashanti's Siguiri Gold Mine which has produced +6 million oz gold over the past 20 years. Strong and productive relationships with government and local communities. Polymetals is actively assisting to improve local community infrastructure. 18km² or 16% of the licence area hosts +40ppb gold anomalism. Alahiné Phase 2 drilling and Mansala infill soils planned post-IPO. Board have long term involvement across mineral exploration, gold production and business. Experienced and energetic Executive Management focussed on capital efficiency and project delivery. Corporate Presentation | May 2021 3#4Guinea's Siguiri Basin Senegal Mali Operating in Guinea (2019) Infrastructure Mineral potential Exploration Tenure Government Interest Mining Major mineral exports Bauxite Endowment Gold Production Increasing focus on highway development Geologically fertile and underexplored 3-year terms (Guinea Mining Act 2010) 15% "free-carried" in mining projects 26% of GDP Bauxite & Gold 35% of world's known Bauxite Resources 10% of West Africa's gold (892,178 oz p.a. plus significant unaccounted artisanal production) Established & Strategic Mining Jurisdiction goldenrim ASX:GMR Guinea-Bissau KEY Guinea IUMMINGBIRD LON:HUM RESOURCES predictive discovery ASX:PDI nordgold more than gold LSE:NORD Producing O Development O Known gold prospects ANGLOGOLDASHANTI resources ASX:AGG BLOX SYCAMORE Corporate Presentation | May 2021 Polymetals Lero-LEFA | NORD Siguiri |AGG Kada | GMRO Alahiné |POL Mansala | POL Siguiri Basin Kouroussa HUM Kaninko |PDIO Kiniero | Sycamore O Mansounia | Blox O Bankan PDI Sierra Leone Liberia 4#5Strong Relationships Productive relationships with local communities Trusted government relations Committed to encouraging enterprise and improving community infrastructure Kalou Kouloubaly - Mansala Village Chief Corporate Presentation | May 2021 Polymetals 5#6Environment, Sustainability & Governance Polymetals - "Committed to the highest international ESG standards" Environment Compliance with Guinea regulations Adherence to JORC code Focus on environmental standards Encouraging community awareness of Environment Sustainability ■ In-Country workforce 100% Guinea nationals Consistent communication with local and regional leadership Water well and storage system established to encourage agriculture within the community Governance Regular reporting under the Mining Act Management observes Company Policies Polymetals aims to maintain a balanced and progressive Board Health & Safety Best practice applied to exploration and supporting activities Training of In-Country Staff with regards to meaningful Health & Safety practice Corporate Presentation | May 2021 6#7Promising Results Soil sampling and RC drilling completed over two field seasons 18km² of +40ppb gold anomalism defined Polymetals 7 Corporate Presentation | May 2021#8Alahiné Exploration Licence FIELD WORK Two Soil sampling programmes and Phase 1 RC Drilling completed TENEMENT AREA 64km² LICENCE TENURE April 2022 EXPENDITURE TO DATE $2,100,000 GOLD MINERALISATION Orogenic ORE TYPE Oxide Laterite + Primary HORIZON Corporate Presentation | May 2021 Polymetals Active artisanal mining (December 2020) 8#9Alahiné - Soil Geochemistry 13.4km² or 20% of the licence area covered by +40ppb gold anomalism. Areas A, B and C extend over 8 km strike; Area A Local artisanal mining activity has exposed vein quartz over approximately 1.5km with a peak soil value of 13.2 g/t gold; Area B - Current artisanal "gold rush" area with quartz veining extending over 750m with a peak soil value of 7.5g/t gold; Area C - Soil sampling extending over 1.0km with a peak soil value of 10.2g/t gold; Substantial areas of lateritic cover may conceal zones of structurally hosted vein mineralisation and supergene enriched or basal laterite hosted gold; and Numerous other point anomalies to be drilled. Legend Au Soil Geochemistry (1 000 ppb = 1 g/t): Au 1000 13 300 ppb Au 500-1000 ppb Au 10-20 ppb Au 0-10 ppb Au 100-500 ppb Au 50-100 ppb Au 20-50 ppb Other: Licence boundary 1,288,000 mN 1,290,000 mN 1,292,000 mN 1,294,000 mN 1,296,000 mN 502,000 mE 504,000 mE Oooooooooooooooooo 0000000000000000 00000000 000000 506,000 mE 508,000 mE m 009 poowwww LUC 000000000000000000 000000000000000 00000000ood oooooo 00000000000000000000 000 Area A 6000000000Oooooood 00000000 00000000000000 00000000000000000000000000000 00000000000000₫ Cod 0000000000000000000000000 000000000000000000000000000 000000000000000000000000 Ooooo0000000000 000000000000000000000000000000000 00000006 000000000000 000000000000000000000000000 0000000000000000000000000000 0000000000000000000⚫oooooooOoO°CCC0000000 0000000000000000000000000Area B 0000000000000000000000000 00000000000000 000000000000000000000 000000000000000000000000000000 0000000000000000000001 0000000000 0000000000 0000000000000000000000000000000000000000000000000000000000000 Dom 000000000000000 bood O00000000000000000000000000000000000000000000 00000000000000 Coooooood bood oooooooooooooo De000000000000000000ble pro000000 0000000 0000 000000000000000 DOOoooC 000000000000000000000000000000000000000000000000 000000 0000 Ooooooooooooooooooood 0000000Oooo 00000000000000000000000000000000000 0 1000 oc 00000000000 000000000000000000 0000000000000 000 au 0000000000000000000000000000000000000000000000000000000000000000000 000000000000000000 bo 000000000000000 0 000000000 00000000 00000000000000000000000 10 000 00000 000000000 00000000000000000000000000 000000000000000000000 00000000000000000000000000 00000 000000000000000d 20 000000000000000000000000000 0 400 800 m 502,000 mE Corporate Presentation | May 2021 000000000 Grid Datum: WGS84 Zone 29 North 504,000 mE 506,000 mE 508,000 mE 9 Polymetals 1,296,000 mN 1,294,000 mN 1,292,000 mN 1,290,000 mN 1,290,000 mN#10Alahiné – Artisanal gold workings within Area A Sheeted veining south of Traverse 1, +700m strike by +400m width Polymetals Intense bleaching (pyrite weathering) Traverse 2, +500m strike by +300m width Corporate Presentation | May 2021 10#11Alahiné - Phase 1 Drilling Phase 1 RC drilling program focussed on Area A; ■ 21 drill holes for 2,406m on 4 ☐ ☐ ☐ traverses over 1,450m strike; Hole depth averaged 114m; Gold mineralisation was intersected over all 4 traverses; and - AHRC014 best intercept 12m @ 3.09g/t gold (51m of gold mineralisation over 7 distinct zones within the drill hole). Processing & Panning sites Area B Artisanal mining activity (February 2020) Edge of drainage line South east Alahine licence 100 metres Processing & Panning sites Laterite/ferricrete cap Mining Pits (1m in size) Polymetals Pits WorldView-3 imagery 0.3m Resolution 11Nov2018. South east zone of Alahiné Licence (Area C) yet to be drilled showing typical artisanal mining and processing sites (February 2020) Corporate Presentation | May 2021 11#12Alahiné - Phase 1 Drilling 1,296,100mN 508,450mB AHRC013 Traverse Hole ID Mineralised intercepts >0.5 g/t gold NW 508,400mE 4 AHRC014 6m @ 0.99g/t from 1m 4 AHRC014 5m @ 0.52g/t from 11m 400mRL 4 AHRC014 8m @ 0.62g/t from 33m 4 AHRC014 12m @ 3.09g/t from 89m (incl. 4m @ 6.71g/t) BofOx 4 AHRC014 3m @ 0.54g/t from 116m 4 AHRC014 3m @ 0.81g/t from 127m 350mRL 4 AHRC014 14m @ 1.09g/t from 135m Traverse 4 Section 0 10 20 4 AHRC015 6m @ 0.92g/t from 65m m 3 AHRC024 2m @ 1.09g/t from 60m 300mRL 3 AHRC011 5m @ 0.84g/t from 35m 150m 3 AHRC010 5m @ 0.52g/t from 8m 2 AHRC027 4m @ 1.01g/t from 25m 508,400mE 2 AHRC007 3m @ 2.79g/t from 47m 1 AHRC025 3m @ 0.67g/t from 30m 1 AHRC002 8m @ 0.73g/t from 68m 508,500mE AHRC014 1,296,050mN 508,550mB AHRC015 Polymetals 508,600mE AHRC016 SE 400mRL Legend Downhole Lithology Laterite Sandstone Downhole data Lithology TraceShade Shale Quartz Histogram Au ppm Grid Datum: WGS 84 Zone 29 North 114m 114 m 103m 100 Vein Regolith Profile Ferruginous oxide zone Au ppm 0.1-0.5 05-1 Saprolite zone 1-2 2-5 Fresh bedrock BofOx Base of Oxidation 8 1,296,100mN 508,450mF 508,500mE 1,296,050mN 508,550mB POLYMETALS Resources Limited Alahine Project AHRC013, AHRC014, AHRC015 & AHRC016 View looking toward North East Au Geochemistry The AHRC014 intercept shows promising grade intersections to depth, characteristic of economic deposits of the type recognised regionally. Corporate Presentation | May 2021 12#13Mansala Exploration Licence FIELD WORK Phase 1 whole of licence Soil sampling completed TENEMENT AREA 48km² LICENCE TENURE October 2022 pleted EXPENDITURE TO DATE $180,000 GOLD MINERALISATION Orogenic ORE TYPE Oxide Laterite + Primary Corporate Presentation | May 2021 Polymetals Historic Artisanal Workings (December 2020) 13#14Mansala - Key Information 5km² or 10% of the licence area covered by +40ppb gold anomalism. 10km south of the Alahiné licence and hosting extensive historic artisanal lateritic gold mining; Phase 1 soil sampling program completed December 2020; Peak soil assay 93.9g/t gold; and Infill soil sampling planned post-IPO to further define Phase 1 drilling targets. Artisanal Workings (December 2020) - note quartz hosted mineralisation Mansala soil sampling (December 2020) Corporate Presentation | May 2021 Polymetals 14#151,274,000 mN 1,276,000 mN 1,278,000 mN Mansala - Soil Geochemistry 8km 497,000 mE 499,000 mE 501,000 mE 503,000 mE 505,000 mE Mansala Soll Assays Au (ppb) (-2mm Aqua regia) 1,000 to 94,000 (14) 100 to 1,000 (22) 50 to 100 (17) 0 20to 50 (50) ° 10 to 20 (79) 0 5 to 10 (255) 0 to 5 (602) all others (4) Datum: UTM WGS84 Zone 29 North 497,000 mE 499,000 mE World View-3 30cm resolution 11Nov2018 501,000 mE 503,000 mE 505,000 mE Mansala Soils Program (December 2020) - Thematically mapped soil gold values over satellite image Note: ✗- Artisanal pits and mining shafts Corporate Presentation | May 2021 15 Polymetals 1,274,000 m 1,278,000 mN 4.8km 1,276,000 mN#16Board of Directors Polymetals Mr David Sproule Non Exec Chairman Mr Chris Schroor Non-Exec Director Dr Chris Johnston Non-Exec Director Mr of David Sproule has a Bachelor Metallurgical Engineering from the Western Australian School of Mines and has been self- employed in the mining industry for most of the previous 35 years. Mr Sproule has specialised in value creation within the minerals industry, founding and managing the private Polymetals Group which developed 8 Australian gold projects over 25 years. An "owner build" model was applied to all operations significantly reducing typical mine development costs. The projects collectively returned 1350% in fully franked dividends on initial shareholder equity. Mr Sproule was Chairman of Polymetals Mining Limited from its listing on ASX in 2011 until the company merged with Southern Cross Goldfields. 35-year Mr Sproule has maintained a involvement with the gold industry and first invested in the Guinea Project in 2017. Mr Chris Schroor has a Bachelor of Applied Science in Construction Management from the Queensland University of Technology and a Masters of Business Administration. Mr Schroor is currently completing the Owner President Manager course at Harvard University. Mr Schroor is a founding director of the Azure Development Group, a multifaceted Property Development and Investment Company which has delivered over $500 million of projects since its inception in 2014. Mr Schroor has been responsible for all Capital raising and financing aspects of Azure. In 2014 Mr Schroor established a Joint Venture in Thailand with Siam Commercial Bank, Kasikorn Bank, True Telecommunications, SuperNAP International and the Thai Royal Family office, to design and deliver SuperNAP Thailand, Asia's first Tier IV Data Centre. Mr Schroor was previously Executive Director Commercial Development for the Springfield Land Corporation and during his 10 years in that role he spear-headed all development associated with the $8bn, 2830ha master planned city. Dr Christopher Johnston is a first-class honours graduate in geology from Auckland University and has 40 years' experience in the Australian mining industry. Dr Johnston received his industry training in Australia with BH South Limited and the Electrolytic Zinc Co of Australasia Limited. He completed his doctoral studies at James Cook University and his Master of Accountancy degree at Charles Sturt University. Dr Johnston has explored in most states of Australia for gold, silver and base metals for companies including Burdekin Resources NL, St Francis Mining Limited, Tritton Resources Limited and more recently as NSW Exploration Manager for Black Oak Minerals Limited (previously Polymetals Mining Limited). Dr Johnston has presided over the geological management of the Company's Guinea Project from March 2020. Corporate Presentation | May 2021 16#17Senior Management Polymetals " " Alex Hanly Chief Executive Officer " Mr Alex Hanly has a Bachelor of Mechanical Engineering and Masters of Business Administration. Mr Hanly is experienced in capital delivery and operational management for publicly-listed companies within the mining, oil & gas and manufacturing industries throughout Australia. Mr Hanly's work in project management and mechanical engineering has maintained a focus on value-driven initiatives and best practice. Mr Hanly has led schedule-dependent delivery of sustenance and growth capital spend through a process-orientated and collaborative management approach. Mr Hanly's focus will be the efficient management of the Company to add significant shareholder value. Vince Fayad Company Secretary & Chief Financial Officer Mr Vince Fayad has over 35 years' experience in corporate finance, international M&A, accounting and other advisory related services in Sydney-based mid-tier accounting firms. Mr Fayad is the principal of his own firm Vince Fayad & Associates, providing accounting and advisory services. Currently, Vince is an Executive Director and Interim CEO for Astro Resources NL (ASX:ARO). One of ARO's projects is a gold project in Nevada, USA. Mr Fayad has also held roles including, Executive Director, Company Secretary and CFO of Greenvale Energy Limited (ASX: GRV) and Executive Director and Company Secretary of European Lithium Limited (ASX: EUR) (formerly known as East Coast Minerals). In addition, he was an Executive Director and Interim CFO of Ashley Services Group Limited (ASX: ASH), Chair of Medibio Limited (ASX: MEB) and NED of Esperance Minerals Limited (ASX: ESM). Aguibou Bah Country Manager Henry Tebar Exploration Manager Mr Henry Tebar has a Bachelor of Science in Geology (University of the Philippines), a Master of Science (Honours) in Geology (University of Canterbury), a Ph.D Candidature in Geology (University of Alberta) and a Masters of Logistics Management (University of Sydney). Mr Tebar has +25 years of global exploration and project management experience which extends across multiple commodities. Mr Tebar's most recent experience has been with gold and gold / copper exploration within China, Mongolia, Central Asia, Indonesia, Australia and Papua New Guinea. Mr Tebar has spent many years involved in project generation and is a Member of the Australian Institute of Geoscientists (AIG) and the Society of Economic Geologists (SEG) and is qualified as a Competent Person, under the Australian Code for the Reporting of Mineral Exploration Results. " " Mr Aguibou Bah is a Guinean national, economist and mining industry executive with +35-years experience. 12 years in Business Administration Marketing within Liberia & Sierra Leone. and Previously Country Manager for TSX listed Cassidy Gold - Kouroussa Gold Project, Guinea. Mr Bah has extensive experience with West African logistics, trading and government liaison. Mr Bah has a strong focus on building productive relationships with local communities and believes this is the foundation for execution of projects in the region. Corporate Presentation | May 2021 17#18Corporate Information Capital Structure IPO Funding Allocation (Max Subscription) Polymetals Current Shares on Issue 53,440,000 Exploration - Siguiri Portfolio $4,130,000 IPO Share Price $0.20 Environmental & Consultants $150,000 IPO Shares (Min & Max) 25,000,000 35,000,000 Guinea Operations & Logistics $600,000 IPO Capital Raise (Min & Max) $5,000,000 $7,000,000 Expenses of the Offer $757,000 Total Shares on Issue (post IPO) Market Capitalisation (at issue price) Post raise EV $10,853,330 $10,997,405 IPO Shareholder Structure (Max Subscription) 78,440,000 - 88,440,000 Administration Costs $1,363,000 $15,688,000-$17,688,000 Total $7,000,000 IPO Shareholders 40% Board & Management 38% Significant gold opportunity within Guinea's Siguiri Basin Other Shareholders 22% Corporate Presentation | May 2021 18#19ASX Peer Comparison Enterprise Value & Market Cap (A$m) $100 $90.5 $80 $58.7 - Market Cap EV Peer EV Average Polymetals $60 $76.8 $40 $32.0 $25.4 $23.7 $17.7 70% $45.9 $20 $31.4 $20.3 $14.3 $10.9 50 $0 ASX:PDI predictive discovery Project: Bankan ASX:CHZ ASX:GMR ASX:MVL ASX:MKG ASX:POL Location: Guinea CHESSER RESOURCES Project: Diamba Sud Location: Senegal goldenrim resources Project: Kada Location: Guinea MMARVELGOLD Mako Gold Project: Tabakorole Location: Mali Project: Napie Location: Cote d'Ivoire Polymetals Project: Alahiné & Mansala Location: Guinea Note: 1: PDI, CHZ, MVL, MKG & POL do not have published resources 2: GMR has a published resource (Kouri Project, Burkina Faso) 3: Peer EV calculated using cash at 31 December 2020 4: Peer Market Capitalisation at 20 April 2021 5: POL Market Capitalisation and EV calculated using Offer maximum subscription Corporate Presentation | May 2021 19#20Initial Public Offering - ASX:POL Key Dates Polymetals Lodgement of Prospectus with the ASIC 21 April 2021 Exposure Period begins 21 April 2021 Opening Date 03 May 2021 Closing Date 28 May 2021 Issue of Shares under the Offer 04 June 2021 Despatch of holding statements 07 June 2021 Expected date for quotation on ASX 15 June 2021 Corporate Presentation | May 2021 20#21Significant gold opportunity within Guinea's Siguiri Basin Alex Hanly | CEO Polymetals David Sproule | Chairman T: +61 414 618 964 E: [email protected] Lead Manager: Michael Beer | Director www.polymetals.com T: +61 412 945 818 E: [email protected] Suite 6, Level 5, 189 Kent Street, Sydney NSW 2000 Beer & Co. T: +61 448 418 725 E: [email protected] Nelson Mariz | Associate Director T: +61 418 214 719 E: [email protected] www.beerandco.com.au#22Appendix 1 - Regional West African Gold Deposits SENEGAL Sabodala Sadiola Loulo Gounkoto-Faraba Eekola Kerekounda-Galouma 10°N Lefa Siguiri MALI Morila GUINEA O Kalana Syama Tri-K SIERRA LEONE MAP AREA AFRICA LIBERIA Dugbe 250km Latitude/Longitude WGS84 5°W Karma Bissa Essakan NIGER BURKINA FASO Mana Namdini Wahgnion Gaoua Tongon COTE D'IVOIRE Yaoure Bombore Sanbrado Kiaka BENIN TOGO GHANA Legend: Polymetals licences Geology: Yamfo-Ahafo Cover Sequence Konongo Asanko Birimian Granitoids Bibiani Chirano Obuas Edikan Akyem Birimian Greenstone Bogacu-Prestea Damang Tarkwa Regional West African Gold Deposits Corporate Presentation | May 2021 Archean Basement Major Gold Deposits >3 Moz Au 1-3 Moz Au <1 Moz Au Polymetals 22 22#23Appendix 2 - Siguiri Basin Ground Holdings 11.25° 11.50° 11.75° 12.00 ° 12.259 -10.25° -10.00 -9.75° -9.50° -9.25° -9.00 -8.75° -8.50° Norgold Mining Lease Lefa Gold Mines AngloGold Ashanti AngloGold Ashanti Siguiri Mine Lease AngloGold Ashanti AngloGold Ashanti Alahine Mansala Polymetals -8.25° a search: Licenses; Parties -8.00 Location of Granted Exploration Licences, Mining Leases and Artisanal Permit Areas, North East Siguiri Basin. Golden Guinea Resources Indicated in cyan colour and by name. From: Guinea Mining Cadastre Portal Kaulikoto Artisanal Permit Areas Hatched 0 kilometres Datum: Latitude/Longitude WGS84 12.25° 12.00 11.75 ° 50 11.50 -11.25 esri -10.25° -10.00° -9.75° -9.50° -9.25° -9.00 ° -8.75° -8.50° -8.25° Corporate Presentation | May 2021 23