Eldorado Gold Operational and Financial Update

Low-cost Operations Eldorado's total cash costs are in line with the industry-weighted average and expected to trend lower given growth profile Gold Industry Total Cash Cost (1) Curve ($/oz) $2,000 $1,750 $1,500 $1,250 Lamaque $665/oz $1,000 $750 $500 $250 Eldorado $878/oz Efemçukuru $848/oz Kışladağ $874/oz $0 0 10 20 30 40 50 60 Production (%) eldorado gold Spot Gold: $1,820/oz Olympias $1,586/oz Industry Weighted-Average: $877/oz 70 70 80 90 90 Source: S&P Capital IQ 2022 Cost Curve, FactSet NOTE: Eldorado's total cash cost (1) (C2) figures from full-year 2022 (1) These are non-IFRS financial measures or ratios. See Slide 2 'Non-IFRS Measures' for more information. 39

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