Director/PDMR Shareholding

This announcement is being made in accordance with Rules MDR 7.1 – 7.4 of the AIX Market Disclosure Rules.

Polymetal International plc discloses the following information regarding certain of its share plans.

In accordance with the Deferred Share Awards plan (“DSA”), the award of shares under the DSA, which were granted in 2023, have vested and were transferred to the Group CEO on 4 April 2024 as presented in the table below:

The Group CEO have also received a deferred bonus award in shares under the terms of the DSA. The total award of shares is detailed in the schedule below. Under the terms of the DSA, dividend equivalents will be received on vested shares reflecting the value of the dividends which have been paid during the period from the grant date to the vesting date. Dividend equivalents will also be paid as shares to employees. Details of the DSA are disclosed in Polymetal’s Annual Report and Accounts available on the Company’s website at www.polymetalinternational.com

No consideration is payable for this DSA by the beneficiaries.

Following the allotment of the DSA shares, the total issued share capital of the Company will comprise 520,387,077 Ordinary Shares of US$ 0.03 each. The Company holds 46,696,757 Ordinary Shares in treasury, which do not enjoy any voting or economic rights. Therefore, the total number of voting rights in the Company is 473,690,320.

The above figure of 473,690,320 Ordinary Shares may be used by shareholders (and others with notification obligations) as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in Polymetal under the Rule MDR3.3 of the AIX Market Disclosure Rules.