Skouries Project Economic Overview

Strong Investment Rationale Eldorado is driving investor returns by focusing on four key areas Balance of Organic & Development Growth Projects • Kışladağ: Completion of HPGR to increase recoveries • Lamaque: Triangle decline, Ormaque • Olympias: Expansion to 650 ktpa $ Attractive Valuation Eldorado trades at 0.6x P/NAV versus peers at 0.8x P/NAV Advancing high-quality Greek assets creates re-rating potential • Skouries: Re-start of construction e Focused on ESG Strong ESG performance as a mid-cap miner Diversity/inclusion, adherence to WGC Conflict Free Gold Standards, best practices for tailings management eldorado gold • • $ Solid Financial Position Cash and equivalents of $439M as of Sept 30, 2021 Strengthening credit profile New Notes lowers cost of debt and allows Eldorado to pursue a broader range of funding alternatives for the development of Kassandra assets in Greece 3

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