Investor Presentaiton

POLYMETAL INTERNATIONAL PLC PRODUCTION OUTLOOK 2018-2023 GOLD PRODUCTION, GE Koz¹ POX-2 Nezhda Kyzyl Existing assets* 1562 1550 96 300 1466 2018 Notes: 2019 1600 1600 330 30 330 INVESTOR PRESENTATION 13 1750 180 PRODUCTION UPSIDE: 18% 1850 80** 180 330 340 1250 1270 1260 1240 1230 2020 1) Gold equivalent (GE) at 80:1 Ag oz/Au oz and 1:5 Cu mt/Au oz conversion ratios * Excludes Okhotsk (sold in December 2019) and Kapan (sold in January 2019) starting from 2019 ** Includes recovery improvement and long-term 3rd party contracts 2021 2022 2023

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