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Investor Presentaiton

Investment Overview Total Mineral Resources: 520,900 oz Au, 16.2Moz Ag, 177kt Zn, 37kt Pb and 10kt Cu¹ Hayes Fountain Creek Head Integrated zinc-gold-silver Project comprising five 100% owned Mineral Resources on granted MLS . High-grade Zn-Au-Ag VMS deposits with supporting gold resources • PFS confirms robust, high-margin integrated development2 • • • • • • Forecast life-of-mine production 250,500 oz Au, 11.4M oz Ag, 116.300 † Zn (excludes newly acquired Mt Porter gold deposit – PFS update H2 2023) over >7yrs Accelerating Zn-Au-Ag sulphides development & improved economy of scale Como Engineers optimising flowsheet, recoveries & payables Environmental Impact Statement (EIS) approval due imminently for Fountain Head Hayes Creek sulphide approvals commenced Argonaut PCF Limited assisting with financing strategy Regional Exploration Upside: • Extensive 1,500km² land package with untested gold & base metals potential • Priority targets with scale potential identified - drill ready targets 1. Refer Appendix and PNX Annual Report for further details 2. Refer ASX Announcement 17 June 2022 for further details PNZ METALS 11
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