PERFORMANCE & GUIDANCE AT A GLANCE
Latest Financial & Operational Data
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By 2028, we are anticipating gold production (midpoint) to grow by 41%, from 2025 production levels, plus the addition of meaningful copper production. Each quarter, we report on our financial and operational performance.
(1) Production includes pre-commercial production and commercial production from Skouries which is expected in Q4 2026.
(2) Includes production anticipated from Ormaque, dependent on permitting.
2026 GUIDANCE: PRODUCTION, COSTS & CAPITAL
| Lamaque complex | kisladag | efemcukuru(6) | olympias(6,7) | skouries project(8) | Total(4,9) | |
|---|---|---|---|---|---|---|
| Gold Production (000’ oz) | 185 - 200 (2) | 105 - 130 | 70 - 80 | 70 - 80 | 60 - 100(1) | 490 - 590(1,2) |
| Copper Production (M lb) | - | - | - | - | 20 - 40(1) | 20 - 40(1) |
| Operations - Total Cash Costs(3) ($/oz sold) | 790 - 990 | 1,830 - 2,080 | 1,680 - 1,880 | 1,030 - 1,230 | - | 1,220 - 1,420 |
| Operations - AISC(3) ($/oz sold) | 1,160 - 1,360 | 2,100 - 2,350 | 2,010 - 2,210 | 1,370 - 1,570 | - | 1,670 - 1,870 |
| Skouries - AISC(3) ($/oz sold) | - | - | - | - | (100) - 200 | (100) - 200 |
| Operations - Sustaining Capital(3) ($ M) | 70 - 80 | 25 - 30 | 20 - 25 | 25 - 30 | - | 140 - 165 |
| Operations - Growth Capital(3,5) ($ M) | 180 - 190 | 130 - 140 | 25 - 30 | 40 - 45 | - | 375 - 405 |
| Skouries - Project Capital ($ M) | - | - | - | - | 175 - 185 | 175 - 185 |
| Skouries - Accelerated Operational Capital ($ M) | - | - | - | - | 80 - 90 | 80 - 90 |
| Skouries - Growth Capital(3,10) ($ M) | - | - | - | - | 35 - 45 | 35 - 45 |
| Skouries - Sustaining Capital(3,10) ($ M) | - | - | - | - | 20 - 35 | 20 - 35 |
(1) Production includes pre-commercial production and commercial production from Skouries which is expected in Q4 2026.
(2) Includes production anticipated from Ormaque, dependent on permitting.
(3) These financial measures are non-IFRS financial measures. Certain additional disclosures for non-IFRS financial measures and ratios have been incorporated by reference, and additional detail can be found at the Other Financial Measures and Ratios’ of Eldorado’s December 31, 2025 MD&A.
(4) Guidance provided is for existing Eldorado Gold assets only.
(5) Includes capitalized exploration at the Lamaque Complex, Efemcukuru, and Olympias.
(6) Payable metal produced.
(7) Olympias by-product grades: Silver: 100 – 130 g/t; Zinc: 4.6 – 5.1%; Lead: 3.8 – 4.3%.
(8) Skouries Copper grades: 0.5 - 0.7%.
(9) Totals may not add based on the averaging of costs.
(10) Skouries Growth and Sustaining Capital following commercial production (expected in Q4).
2026 OPERATIONS UPDATE
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| Q1 2026 | FY 2025 | |
|---|---|---|
| Consolidated Results | ||
| Ounces produced | 100,358 | 488,268 |
| Ounces sold | 100,619 | 491,204 |
| Production costs | $188.2 | $677.6 |
| Total cash costs ($/oz sold) (1,2) | $1,470 | $1,176 |
| All-in sustaining costs ($/oz sold) (1,2) | $1,942 | $1,664 |
| Sustaining capital expenditures ($M) (2) | $32.9 | $169.1 |
| Kışladağ, Türkiye | ||
| Ounces produced | 28,339 | 168,701 |
| Ounces sold | 28,311 | 169,971 |
| Production costs | $56.7 | $221.1 |
| Total cash costs ($/oz sold) (1,2) | $1,896 | $1,264 |
| All-in sustaining costs ($/oz sold) (1,2) | $2,060 | $1,478 |
| Sustaining capital expenditures ($M) (2) | $3.5 | $28.1 |
| Lamaque Complex, Canada | ||
| Ounces produced | 42,306 | 187,208 |
| Ounces sold | 44,607 | 187,551 |
| Production costs | $41.8 | $150.8 |
| Total cash costs ($/oz sold) (1,2) | $904 | $790 |
| All-in sustaining costs ($/oz sold) (1,2) | $1,370 | $1,302 |
| Sustaining capital expenditures ($M) (2) | $20.2 | $94.1 |
| Efemçukuru, Türkiye | ||
| Ounces produced | 15,394 | 72,482 |
| Ounces sold | 15,173 | 73,191 |
| Production costs | $37.6 | $118.1 |
| Total cash costs ($/oz sold) (1,2) | $2,208 | $1,510 |
| All-in sustaining costs ($/oz sold) (1,2) | $2,528 | $1,846 |
| Sustaining capital expenditures ($M) (2) | $4.6 | $22.9 |
| Olympias, Greece | ||
| Ounces produced | 14,319 | 59,877 |
| Ounces sold | 12,528 | 60,491 |
| Production costs | $52.1 | $187.6 |
| Total cash costs ($/oz sold) (1,2) | $1,628 | $1,722 |
| All-in sustaining costs ($/oz sold) (1,2) | $2,031 | $2,145 |
| Sustaining capital expenditures ($M) (2) | $4.6 | $24.1 |
(1) Includes costs allocated to by-products.
(2) These financial measures or ratios are non-IFRS financial measures or ratios. See the section 'Non-IFRS and Other Financial Measures and Ratios’ of the latest MD&A for explanations and discussions of these non-IFRS financial measures or ratios.