Investor Presentaiton

POLYMETAL INTERNATIONAL PLC AISC DYNAMICS BY MINE 2017-2018 ALL-IN SUSTAINING CASH COSTS, $/oz of GE1 2018 2017 426425 532 Svetloye Notes: 477 Voro NA INVESTOR PRESENTATION 47 Below the guidance of $875-925/oz 1,292 1,236 1,131 -4% 970 952940 893 869. 861 858 846 846 829 816 10.410.3 800 Kyzyl Omolon Albazino Dukat² Varvara Okhotsk (sold)Mayskoye Kapan (sold) Polymetal 1) Co-product AISC: TCC + head office SG&A + other expense + current period capex for operating mines. GE (gold equivalent) based on actual realized gold, silver and copper prices 2) Silver equivalent based on average realised prices.

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