Fresnillo Results Presentation Deck

2022 PRELIMINARY RESULTS - COSTS A FOCUS ON COST CONTROL AND MITIGATIONS FULL SCALE APPRAISAL OF COSTS RESULTING IN DOZENS OF ONGOING INITIATIVES TO REDUCE NON-ESSENTIAL COSTS, INCLUDING: Optimisation of staffing plans, including rationalisation of contractor roles, to increase productivity and improve efficiency An assessment in 2023 across all mines to confirm the optimal development rate FRESNILLO New pumping station commissioned which improves extraction efficiency Deepening of the San Carlos shaft leading to reduced haulage costs SAUCITO ● Modifications to mine plan resulting in improved logistics within the mine HERRADURA Optimisation of slopes leading to lower stripping and haulage costs Installation of duel fuel systems on trucks to reduce diesel consumption Modifications to mine plan resulting in improved logistics within the mine ETHANE 0198-767 and RIBEX 16

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