Fresnillo Results Presentation Deck

2021 PRELIMINARY RESULTS - OPERATIONS FRESNILLO 2021 SUMMARY . ● Performance improved in 1H20, although operational challenges & the labour reform limited progress and necessitated a change in priorities Development rates and equipment availability were both impacted by the labour reform in 2H 2021 • Automated drilling averaged 215 holes a month, a 119% increase YoY • Connection of the new lead and zinc circuit at the Fresnillo flotation plant was completed in early 2021 • San Carlos shaft deepening concluded, final infrastructure and equipment instillation ongoing *Includes production from Phase II of the Pyrites Plant **As of 31 May 2021 ● The start-up of the pyrites plant was delayed to mid 2022 due to new requirements to complete the tie-in to the power grid 2022 PRIORITIES • Maintain strict safety protocols Mitigate the impact of the labour reform • Conclude the deepening of the San Carlos shaft project ● Regain a rate of 2,900 to 3,100 m per month on average during 1H22 • Subject to permits being obtained, start up the pyrites plant at Fresnillo and ramp up to nameplate capacity Production Million Ounces 20 15 5 0 2018 KEY OPERATING HIGHLIGHTS Silver production - moz Gold production - koz Cash cost US$/oz of Ag AISC - US$/oz of Ag Reserves 2021 ** 2019 Resources 2021 ** Silver grade in reserve 2020 2021 Silver Production Silver Ore Grade Production guidance range 2021 12.0 33.7 5.4 16.3 2022e* Grade 300 250 200 150 38 100 Grams/tonne 2020 13.1 38.4 5.9 12.9 99.5 moz Ag, 305 koz Au 796.7 moz Ag, 1,750 koz Au 234 g/t 265 g/t

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