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.

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3-Year Operating Outlook

Gold production (midpoint) increasing 41% over the three-year period compared to 2025 production.

Gold Production (000’ oz)	2025A	2026E^(1,2)	2027E	2028E
Lamaque Complex	187	185 - 200⁽²⁾	190 - 210	190 - 210
Kışladağ	169	105 - 130	140 - 160	140 - 160
Efemçukuru	72	70 - 80	65 - 80	65 - 80
Olympias	60	70 - 80	75 - 90	75 - 90
Skouries	-	60 - 100⁽¹⁾	150 - 180	170 - 200
Total Gold	488	490 - 590	620 - 720	640 - 740

Copper Production (M lb)
Skouries	-	20 - 40	50 - 70	50 - 80
Total Copper	-	20 - 40	50 - 70	50 - 80

(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	Q2 2026	YTD 2026	FY 2025
Consolidated Results
Ounces produced	100,358	104,616	204,974	488,268
Ounces sold	100,619	102,691	203,310	491,204
Production costs	$188.2	$184.8	$373.0	$677.6
Total cash costs ($/oz sold) ^(1,2)	$1,470	$1,432	$1,451	$1,176
All-in sustaining costs ($/oz sold) ^(1,2)	$1,942	$1,926	$1,934	$1,664
Sustaining capital expenditures ($M) ⁽²⁾	$32.9	$35.0	$67.9	$169.1
Kışladağ, Türkiye
Ounces produced	28,339	19,108	47,447	168,701
Ounces sold	28,311	19,389	47,700	169,971
Production costs	$56.7	$41.6	$98.3	$221.1
Total cash costs ($/oz sold) ^(1,2)	$1,896	$2,050	$1,958	$1,264
All-in sustaining costs ($/oz sold) ^(1,2)	$2,060	$2,407	$2,201	$1,478
Sustaining capital expenditures ($M) ⁽²⁾	$3.5	$5.6	$9.0	$28.1
Lamaque Complex, Canada
Ounces produced	42,306	52,340	94,646	187,208
Ounces sold	44,607	50,060	94,667	187,551
Production costs	$41.8	$44.2	$86.0	$150.8
Total cash costs ($/oz sold) ^(1,2)	$904	$865	$884	$790
All-in sustaining costs ($/oz sold) ^(1,2)	$1,370	$1,192	$1,276	$1,302
Sustaining capital expenditures ($M) ⁽²⁾	$20.2	$16.1	$36.3	$94.1
Efemçukuru, Türkiye
Ounces produced	15,394	18,019	33,413	72,482
Ounces sold	15,173	18,345	33,518	73,191
Production costs	$37.6	$38.7	$76.3	$118.1
Total cash costs ($/oz sold) ^(1,2)	$2,208	$1,926	$2,053	$1,510
All-in sustaining costs ($/oz sold) ^(1,2)	$2,528	$2,252	$2,377	$1,846
Sustaining capital expenditures ($M) ⁽²⁾	$4.6	$5.7	$10.3	$22.9
Olympias, Greece
Ounces produced	14,319	15,125	29,444	59,877
Ounces sold	12,528	14,897	27,425	60,491
Production costs	$52.1	$60.3	$112.4	$187.6
Total cash costs ($/oz sold) ^(1,2)	$1,628	$1,923	$1,788	$1,722
All-in sustaining costs ($/oz sold) ^(1,2)	$2,031	$2,465	$2,267	$2,145
Sustaining capital expenditures ($M) ⁽²⁾	$4.6	$7.6	$12.2	$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.