INVESTOR OVERVIEW

• Mining, development and exploration operations in Canada, Türkiye and Greece
• 4 operating gold mines, 1 advanced development project and a robust pipeline of development projects
• 520,293 oz Gold produced in 2024
• 2025 Gold Production Guidance of between 460,000 to 500,000 oz
• Total Proven & Probable Gold Reserves: 11.9 Moz⁽¹⁾

⁽¹⁾ Based on 2024 Mineral Reserve and Mineral Resource Statement. Mineral Reserve price assumptions as follows: $1,450/oz Au (Skouries and Perama Hill $1,300/oz Au), $19/oz Ag, $2.75/lb Cu, $2,000/tn Pb, $2,500/tn Zn. Mineral Resource price assumptions as follows: $1,800/oz Au, $24/oz Ag, $3.25/lb Cu, $2,200/tn Pb, $2,800/tn Zn. Refer to Reserves and Resources for more information on Mineral Reserves and Mineral Resources.

Three-Year Gold Production Outlook: 2024-2027

• 33% gold production growth, from 2024 production, driven by organic growth projects and first production from Skouries expected in Q1 2026

Skouries

• In full construction, ~140kozs average annual gold production and ~67 million pounds average annual copper production forecast, with commercial production expected in mid 2026

Lamaque Complex

• Ormaque Reserve of 619 K oz declared in December 2024 ⁽¹⁾
• Large resource base and exploration upside from nearby targets

Kışladağ

• Increase throughput and recovery
• Long mine life of 13 years

⁽¹⁾ Refer to Reserves and Resources for more information on Mineral Reserves and Mineral Resources.

• Implementing our Sustainability Integrated Management System (SIMS), which includes minimum performance standards against external commitments
• Utilize filtered tailings technology
• Robust management practices and due diligence
  • Independent Technical Review Board
  • Routine 3rd party inspections
• Advancing our Climate Change Strategy, with measurable progress toward our GHG mitigation target
• Strong ESG performance in mining

• 43% increase in gold production by 2027, from 2023 production
• Robust balance sheet to fully fund our growth initiatives 
• Increasing production, disciplined cost control, strong metal prices reflected in expanded margins
• Lowering AISC and increasing margins:
  • 2024 AISC⁽¹⁾ $1,285/oz sold
  • 2023 Total Cash Operating Costs⁽¹⁾ $940/oz sold
• Expecting significant Free Cash Flow with productivity improvements at the operating assets and Skouries delivery
• Shareholder returns and debt reduction with Skouries delivery

⁽¹⁾ These financial measures or ratios are non-IFRS financial measures or ratios. Certain additional disclosure for non-IFRS financial measures and ratios have been incorporated by reference and additional detail can be found in the press release dated February 20, 2025 titled ‘Eldorado Gold Delivers Strong 2024 Full Year and Fourth Quarter Financial and Operational Results; Positive Free Cash Flow Realized in the Quarter and Full Year’ and in the section 'Non-IFRS and Other Financial Measures and Ratios' in the Company's December 31, 2024 MD&A.

• Cash, cash equivalents and term deposits of ~$857million as of December 31, 2024
• Continue to focus on maintaining a solid financial position which provides flexibility to respond to opportunities and unlock value across our business
• Zero cost collars protect cash flow during Skouries construction
• Leverage to copper production and strengthening metal prices