Fresnillo Results Presentation Deck slide image

Fresnillo Results Presentation Deck

● ● ● 2021 PRELIMINARY RESULTS Fourth wave of Covid-19 reached Mexico We began to see the impact of this in terms of staff absenteeism from the 2nd week of December and this accelerated throughout the first few weeks of 2022 Strict protocols and preventive measures remain in place across the operations In line with the WHO guidelines, we reduced the required isolation period from 14 to 7 days 4000 3000 COVID-19 2000 1000 0 7/17 September Number of Covid cases across Fresnillo October November December January February - ● ● ● ● LABOUR SHORTAGE VACANCIES New labour reform in Mexico came into effect from 1st September 2021, restricting our ability to subcontract labour, impacting the availability of mining personnel & availability and utilisation of associated equipment Underground operations experienced a greater impact while open pit operations now close to fully staffed. We are planning for three quarters of disruption before recovery in 4Q22 Further exacerbated by the existing skills shortage in Mexico's mining sector, we saw an increase in vacancies and rotation levels We are implementing intensive recruitment campaigns, increasing our focus on training and launching initiatives to improve workforce retention % 20 16 12 8 4 0 July Rotation as % of workforce at Fresnillo & Saucito August October September November December 500 400 300 200 Fresnillo Saucito 100 0 Total number of contractor & unionised vacancies at Fresnillo & Saucito www May June July August September October 12 November December Fresnillo Saucito
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