Fresnillo Results Presentation Deck

2021 PRELIMINARY RESULTS - OPERATIONAL PERFORMANCE HIGHLIGHTS ATTRIBUTABLE FULL YEAR SILVER PRODUCTION 53.1 MOZ +0.1% ATTRIBUTABLE FULL YEAR GOLD PRODUCTION 751.2Koz -2.4% ATTRIBUTABLE SILVER RESOURCES 2.3BNOZ +1.2% ATTRIBUTABLE GOLD RESOURCES 39.0MOZ +0.1% JUANICIPIO MECHANICAL COMPLETION CONCLUDED IN 4Q 2021 APPROVAL FOR TIE IN TO ELECTRICAL GRID EXPECTED IN 1H22 CONSTRUCTION OF BOTH THE PYRITES PLANT & FRESNILLO PLANT OPTIMISATION COMPLETED ATTRIBUTABLE SILVER RESERVES 419.8MOZ -8.2% ATTRIBUTABLE GOLD RESERVES 7.8MOZ -7.1% OPERATIONAL HIGHLIGHTS ● ● ● ● Attributable silver production of 53.1 moz (including Silverstream), flat year-on-year and attributable gold production of 751.2 koz, down 2.4% year-on-year Silver reserves decreased 8.2% vs. 2020, while gold reserves decreased 7.1% vs. 2020, primarily driven by depletion of both metals Labour reform came into effect from 1st September 2021 resulting in the requirement to internalise a high proportion of our contractor workforce 9 We have taken actions to mitigate the impact of the new labour reform through new recruitment campaigns, training and investment in new equipment. A one off purchase of new equipment in 2022 will substitute for the loss of contractor equipment following the labour reform, expected to be offset through lower contractors costs in the mid-term Similar grid tie-in delays for the Pyrites Plant at Fresnillo impacted the start-up of the plant, with the commissioning timeline also extended by approximately six months CO The construction of the Juanicipio plant was completed in 4Q21. Permits to connect to the power grid were not granted in 4Q 2021 as anticipated, as a result, the mill commissioning timeline was extended by approximately six months Increased exploration budget for 2021 supported an intensive programme across all our operations

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