Perama Hill Project Overview

Operating Jurisdictions Operating History in key jurisdictions C⭑ Türkiye • 2021 Investment Attractiveness (3): Türkiye: 52.15/100 • • • Operating in Türkiye since 2006 Demonstrated history of 15+ years of permitting success and strong community relations • • Canada 2022 Investment Attractiveness (2): Québec: 84.03/100 5.5+ year Reserve life with potential from large Inferred resource(4) Steady production profile, large resource base and exploration upside from nearby targets Turkish Inflation Rates vs. ELD Cash Costs (1) (Turkish Assets) 70 1190 60 1020 50 850 Inflation Rate (%) 40 680 30 510 20 340 10 170 Cash Operating Costs ($/oz) 0 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 Kisladag Cash Costs ($/oz) Efemcukuru Cash Costs ($/oz) -Turkish Inflation Rate (%) Source: Turkish Central Bank, company reports eldorado gold (1) (3) (4) • • Greece 2021 Investment Attractiveness: Greece: N/A (3) Amended Investment Agreement with Hellenic Republic in Q1 2021 Provides investor protection mechanisms including a permitting framework similar to other large-scale foreign investment agreements in Greece These are non-IFRS financial measures or ratios. See Slide 2 'Non-IFRS Measures' for more information. Ranked by Fraser Institute. Source: https://www.fraserinstitute.org/studies/annual-survey-of-mining-companies-2022 The 2022 Fraser Institute questionnaire included a number of jurisdictions that had insufficient responses to enable them to be included in the report. Please refer to the Appendix for more information with respect to the mineral resources and mineral reserves. 38

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