The set $F_{n}$ of primitive recursive function symbols of arty $n$ can be defined inductively as \begin{array}[lr] & Z, \text{Succ} \in F_{1} & \\ \pi_{j}^{n} \in F_{n} \quad \text{for each} \quad j=1,\dots, n \\ &\text{if} \quad f \in F_{n} \quad \text{and} g_{1},\dots, g_{n} \in F_{m}, \text{then} \circ_{n}^{m}[f,g_{1},\dots,g_{n}]\in F_{m} & \\ &\text{if} \quad f \in F_{n+2} \quad \text{and} \quad g \in F_{n}, \text{then} \quad \text{Rec}^{n}[f,g]\in F_{n} & \end{array} Given the interpretation $f \in F_{n}$, $[[f]]:\mathbb{N}^{n} \to \mathbb{N}$ \begin{array}[lr] [[Z]](k)&=& 0 \\ [[\text{Succ}]](k) &= &k+1 \\ [[\pi_{j}^{n}]](k_{1},\dots,k_{n}) &= &k_{j} \\ [[\circ_{n}^{m}[f,g_{1},\dots,g_{n}]]](k_{1},\dots,k_{m}) &= &[[f]]([[g_{1}]](k_{1},\dots,k_{m}),\dots, [[g_{n}]](k_{1},\dots, k_{m})) \\ [[\text{Rec}^{n}[f,g]]](k_{1},\dots,k_{n},0) &= & [[g]](k_{1},\dots,k_{n}) \\ [[\text{Rec}^{n}[f,g]]](k_{1},\dots,k_{n},m+1) &= & [[f]](k_{1},\dots,k_{n},m,[[\text{Rec}^{n}[f,g]]](k_{1},\dots,k_{n},m) \end{array}
find functions $A,B \in F_{2}$ that yields $[[A]](x,y)=xy$ and $[[B]](x,y)=x^{y}$.
Note $[[0]]=0$,$[[S(a)]]=[[a]]+1$, and $[[f(a_{1},\dots,a_{n})]]=[[f]]([[a_{1}]],\dots,[[a_{n}]])$ for $f \in F_{n}$
(Throughout I will assume that we already have a perfectly good symbol $\newcommand{\FUN}[1]{[[\, #1 \,]]} \newcommand{\Z}{\mathsf{Z}} \newcommand{\F}{\mathsf{f}} \newcommand{\G}{\mathsf{g}} \newcommand{\Add}{\mathsf{Add}} \newcommand{\Mult}{\mathsf{Mult}} \newcommand{\Succ}{\mathsf{Succ}} \newcommand{\Rec}{\mathsf{Rec}} \newcommand{\naturals}{\mathbb{N}} \newcommand{\Comp}[2]{\mathord{\circ}^{#1}_{#2}} \Add \in F_2$ such that $\FUN{\Add} ( x , y ) = x + y$. I will also only handle multiplication.)
Note that multiplication on $\naturals$ is defined "recursively" by
Looking at the form of this function, it is a good guess that we are looking for a function definition in $F_2$ of the form $\Rec^1 [ \F , \G ]$ for some $\F \in F_3$ and some $\G \in F_1$. So let us assume that we already have function definitions $\F , \G$ such that $\Mult := \Rec^1 [ \F , \G ]$ defines multiplication. We'll use this assumption that actually find definitions for $\F$ and $\G$.
Putting the above together, our (educated) guess is that $$\mathsf{Mult} := \Rec^1 [ \F , \G ] = \Rec^1 [ \Comp{3}{2} [ \Add , \pi^3_1 , \pi^3_3 ] , \Z ]$$ will be an appropriate function definition in $F_2$. (And, indeed, a relatively straightforward induction on $y$ will show that $\FUN{\mathsf{\Mult}}(x,y) = xy$ for all $x,y \in \mathbb{N}$.)
Proceeding similarly you should be able to find an appropriate formula for exponentiation, which is given "recursively" by