ELDORADO GOLD CORP /FI Business Summary

Eldorado Gold Corporation (EGO) is a mid-tier international mining company that generates revenue through the exploration, development, and operation of gold and base metal assets. Its primary revenue streams are derived from the production and sale of gold, silver, lead, and zinc, with a significant strategic shift toward copper production following the 2026 commencement of the Skouries project in Greece. The company’s operations are organized into three core geographic segments: Canada (highlighted by the high-grade Lamaque Complex), Türkiye (Kisladag and Efemcukuru), and Greece (Olympias and the transformational Skouries copper-gold mine). Eldorado Gold competes directly with other mid-tier and senior producers such as Alamos Gold, Agnico Eagle Mines, Equinox Gold, and Pan American Silver, positioning itself as a high-growth mid-tier player focused on operational efficiency and geographic diversification in low-risk jurisdictions. Originally founded in 1992 by Marco Romero, the company is currently led by Chief Executive Officer George Burns, who transitioned to the role in September 2025 after serving as President and CEO since 2017. The executive leadership team includes President Christian Milau, formerly CEO of Equinox Gold, and Executive Vice President and CFO Paul Ferneyhough, who oversees the company’s financial strategy and commercial integration. The Board of Directors is chaired by Steven Reid and recently added Dr. Sally Eyre, a veteran geologist and mining finance professional, in January 2026. Notable institutional backing includes a significant 17.5% stake held by Eurobank Ergasias S.A., alongside major positions from VanEck Associates and BlackRock, reflecting strong institutional confidence in the company’s long-term production growth and multi-commodity transition.