Gatos Silver Investor Presentation Deck

Gatos Silver, Inc. A leading low-cost silver producer + 70% owned Cerro Los Gatos (CLG) mine, a state-of-the-art underground operation ▪ Mine life extended to end of 2030 Majority of revenue from silver ▪ Increased 2023 guidance to 8.8-9.3 Moz Ag and 13.8-14.6 Moz AgEq ■ + Strong balance sheet and liquidity $58M in cash, no debt ■ Strong cash flow from CLG, expect regular cash distributions to partners + Well positioned to realize district potential Exploration and future development expected to be funded from CLG cash flow Los Gatos District Located in Chihuahua State, Mexico ● ● ● Cerro Los Gatos mine operating since 2019 Over 103,000 hectares of contiguous mineral rights GATOS SILVER 3

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