Historical Operating Results and Sustainability Framework slide image

Historical Operating Results and Sustainability Framework

2023 Cost and Capital Outlook Costs outlook reflects market conditions; Capital focused on re-investing in growth opportunities 2023 Cost Outlook 2023 Growth Capital Spending Outlook (1,4) ($M) Skouries Cash Op Cost(1,2) C1 ($/oz sold) Total Cash Cost (1,2) C2 ($/oz sold) AISC (1) ($/oz sold) 160-170 2023 Other Items Outlook ($M) Kışladağ 750-850 Lamaque 670-770 850-950 700-800 G&A 35-38 Exploration & Efem çukuru 790-890 920-1,020 Evaluation (5) Olympias 980-1,080 1,130-1,230 Depreciation 28-31 272 - 282 Total 730-780(3) 830-880(3) 1,190 -1,240 (3) 2023 Capital Outlook Sustaining Capital (¹) ($M) Growth Capital(¹) ($M) Kışladağ 14-19 110-120 Lamaque 60-70 37-42 Efemçukuru 10-15 Olympias 30-35 4-8 3-7 Total 114-139 eldorado gold (1) (2) |(3) 120-135(3) These are non-IFRS financial measures or ratios. See Slide 2 'Non-IFRS Measures' for more information. On Oct. 26, 2023, the Company announced updated 2023 guidance ranges to reflect updated full-year expectations given the operational and financial performance year to date. As disclosed on Feb. 23, 2023. Ranges should not be relied upon. See footnote #4 On Oct. 26, 2023, the Company announced updated 2023 guidance ranges. The reduced spend at Skouries in 2023 is not expected to impact the project plan, including cost and schedule, with 36 critical path on track. (5) 74% expensed, 26% capitalized; assumes the expected sale of Certej in H1 2023.
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