Investor Presentaiton

STRATEGIC YAMANA GOLD TRANSACTION TIMING CONSIDERATION Transaction was completed on March 31, 2023 ~US$1.0 billion in cash funded by Agnico Eagle, ~36.2 million Agnico Eagle shares and ~153.8 million Pan American shares 22 222 STRUCTURE CREDIT FACILITY DIRECTOR NOMINATIONS • • • Pan American was the purchaser of the Yamana shares; contemporaneously with closing, Yamana transferred its interests in its Canadian assets to Agnico Eagle Pan American retains all Yamana's LATAM mines and properties as well as any remaining assets and liabilities (including cash and debt) Combined total credit commitment from Canadian chartered bank of up to $1.25B (upsized revolving credit facility of $750M & term loan of up to $500M(¹)) At March 31, 2023, Pan American had drawn US$325M under its Amended Revolving Credit Facility Pan American identified 3 members of the former board of directors of Yamana who have been elected to the Pan American board at the annual general and special meeting of Pan American: John Begeman, Alexander Davidson and Kimberly Keating 1. Term loan is cancelled on May 31, 2023 if investment grade is maintained. PAN AMERICAN SILVER

View entire presentation