Investor Presentaiton

SANTA ROSA, GUATEMALA ESCOBAL // One of the world's best silver mines • High quality, well built operation with over US$500 million invested¹ • • . 1. One of the world's largest primary silver deposits with reserves of 264 Moz 3 consecutive years of production at 20 Moz Ag/year at AISC consistently below US$10/oz Ag prior to 2017 Mine operations suspended pending completion of an ILO 169 consultation by the Guatemalan government Based on development, expansion, and sustaining capital invested from 2011 to 2017. Historical Silver Production & AISC Production (Moz) -AISC ($/oz) $9.15 $9.11 Mineral Reserves & Resources $8.06 Grade Contained Metal Tonnes Ag (Mt) (g/t) Au Pb Zn (g/t) (%) (%) Ag Au Pb Zn (Moz) (koz) (kt) (kt) 20 20 21 P&P Reserves 24.7 334 0.35 0.79 1.30 264.5 278 196 320 M&I Resources 16.5 208 0.21 0.37 0.65 110.1 110 61 106 Inferred Resources 1.9 180 0.90 0.22 0.42 10.7 54 4 8 2014A 2015A 2016A AISC is a non-GAAP measure; see the "Non-GAAP Measures" section of our Cautionary Note on page 2 of this presentation. (as of June 30, 2022) See presentation Appendix for more detailed information on the Company's reserves and resources and the metal price assumptions used for these estimates. PAN AMERICAN SILVER 15

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