Skouries Project Economic Overview

Perama Hill Low-cost polymetallic gold project with transformative growth potential OVERVIEW Location Ownership Thrace, Greece 100% Perama Hill RESERVES AND RESOURCES (1) Contained Mine type Open pit Metals Gold, Silver mined Deposit type Epithermal gold-silver Life of mine Grades Expected production Expected costs 10 years High grade (3.2 g/t), open pit strip ratio of ~0.3 Approximately 100,000 oz Au per year Cash costs $430/oz eldorado gold GREECE Athens Mediterranean Sea Tonnes (x1000) Grade (g/t Au) Grade Ounces Contained Ounces (g/t Ag) (x1000 Au) (x1000 Ag) P&P Reserves 12,498 3.11 1,250 7 2,680 TURKEY M&I Resources 14,066 3.04 1,374 7 2,994 Inferred Resources 1,182 1.64 62 2 93 Upcoming Catalysts • Updated technical study expected in early 2022 • Exploration potential in the Thrace region, supporting opportunities for growth (1) Please refer to the Company's annual information form dated March 30, 2021 for more information with respect to the mineral resources and mineral reserves. 19

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