Skouries Project Economic Overview

Skouries High-grade gold-copper porphyry deposit that is a key driver of Eldorado's growth story OVERVIEW Location Life of Mine (LOM) Project Economics (1) At Spot Au & Cu(2) Gold-copper porphyry 100% Eldorado Halkidiki Peninsula, Greece Deposit type Ownership Mining/ Open pit & underground / GREECE Processing flotation & gravity Products produced Production target Annual gold production 140,000 oz Skouries Annual gold equivalent production 280,000 oz Cash operating costs $(70)/oz $(673)/oz TURKEY AISC $215/oz $(310)/oz NPV-5% (3) $925.0 M $2,333.7 M Athens Gold doré, copper/gold concentrate ~ 2 years after construction is restarted Project IRR (3) 21.2% 39.9% Mediterranean Sea Contained metal in Proven & Probable Reserves (4) Contained 3.8 Moz Au, 1.7 Blbs Cu metal in Measured & Indicated 5.0 Moz Au, 2.5 Blbs Cu Resources (4) • Advancing Skouries Received dry stack tailings permit approval in Q2 2021 • Updated feasibility study expected in Q4 2021 • Construction decision 1H 2022 (1) eldorado gold (2) Here and elsewhere in this presentation data is from NI 43-101 Technical Report Skouries Project, filed by Eldorado Gold on 29 March, 2018 $1,800/oz Au, $4.00/lb Cu (3) After tax, based on $1,300/oz Au, $2.75/lb Cu (4) $1,300/oz Au, $2.75/lb Cu 17

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