Investor Presentaiton

POLYMETAL INTERNATIONAL PLC KYZYL Summary Stable low-cost production for > 22 years Very large reserve base - 7.3 Moz of gold at 7.7 g/t Excellent exploration potential - 3.1 Moz of additional resources at 6.8 g/t Full project IRR at 20% at $1,200/oz gold price (including investments and acquisition cost) FIRST 10 YEARS OF OPEN-PIT 3.1 Moz of open-pit reserves at 6.8 g/t 300-330 Koz pa at $500-550/oz AISC Excellent potential to extend open-pit LOM Road Russia INVESTOR PRESENTATION 24 Semey KYZYL Russia Ridder Oskemen Bakyrchik Bolshevik Kalbatau Ayagoz Kazakhstan Regional center Railway ☐ City/Town Region Country PROCESSING Open pit

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