| Extractive Sector Transparency Measures Act - Annual Report | |||||||||||||||||||||||
| Reporting Entity Name | Eldorado Gold Corporation | ||||||||||||||||||||||
| Reporting Year | From | 2024-01-01 | To: | 2024-12-31 | Date submitted | 2025-05-27 | |||||||||||||||||
| Reporting Entity ESTMA Identification Number | E919377 | ![]() | |||||||||||||||||||||
Other Subsidiaries Included (optional field) | |||||||||||||||||||||||
| For Consolidated Reports - Subsidiary Reporting Entities Included in Report: | Eldorado Gold (Quebec) Inc (ID: E558445) | ||||||||||||||||||||||
| Not Substituted | |||||||||||||||||||||||
| Attestation by Reporting Entity | |||||||||||||||||||||||
| In accordance with the requirements of the ESTMA, and in particular section 9 thereof, I attest I have reviewed the information contained in the ESTMA report for the entity(ies) listed above. Based on my knowledge, and having exercised reasonable diligence, the information in the ESTMA report is true, accurate and complete in all material respects for the purposes of the Act, for the reporting year listed above. | |||||||||||||||||||||||
| Full Name of Director or Officer of Reporting Entity | Paul Ferneyhough | Date | 2025-05-27 | ||||||||||||||||||||
| Position Title | Executive VP and Chief Financial Officer | ||||||||||||||||||||||
| Extractive Sector Transparency Measures Act - Annual Report | |||||||||||||||||||||||||||||||||||
| Reporting Year | From: | 2024-01-01 | To: | 2024-12-31 | |||||||||||||||||||||||||||||||
| Reporting Entity Name | Eldorado Gold Corporation | Currency of the Report | USD | ||||||||||||||||||||||||||||||||
| Reporting Entity ESTMA Identification Number | E919377 | ||||||||||||||||||||||||||||||||||
| Subsidiary Reporting Entities (if necessary) | Eldorado Gold (Quebec) Inc (ID: E558445) | ||||||||||||||||||||||||||||||||||
| Payments by Payee | |||||||||||||||||||||||||||||||||||
| Country | Payee Name | Departments, Agency, etc… within Payee that Received Payments | Taxes | Royalties | Fees | Production Entitlements | Bonuses | Dividends | Infrastructure Improvement Payments | Total Amount paid to Payee | Notes | ||||||||||||||||||||||||
| Turkey | Federal Government of the Republic of Turkey | 44,140,000 | 24,790,000 | 8,520,000 | 77,450,000 | Payments to Regional Directorate of Forestry, General Directorate of Mining and Oil Affairs, Ankara Kurumlar Tax Office, Ankara Ihtisas Tax Office, Canakkale Tax Office, Kavaklidere Tax Office, Energy Market Regulatory Authority, Menderes Land Registry Office, Fees Tax Office, Ulubey Tax Office, Usak Land Registry Office, Union of Turkish Bar Association, Usak 3rd Notary, Menders Tax Office, Ulubey Notary, Ministry of Justice, Regional Directorate of Forestry, and Hayriye Ozcelik Ankara 9th Notary . Payments made in TRY, converted to USD at the exchange rate at the date of the individual payment. The average exchange rate for the period was 32.85. See note 1 & 2 below. | |||||||||||||||||||||||||||||
| Turkey | Menderes Municipality | 20,000 | 210,000 | 230,000 | Payments made in TRY, converted to USD at the exchange rate at the date of the individual payment. The average exchange rate for the period was 32.85. | ||||||||||||||||||||||||||||||
| Turkey | Ulubey Municipality | 70,000 | 70,000 | Payments made in TRY, converted to USD at the exchange rate at the date of the individual payment. The average exchange rate for the period was 32.85. | |||||||||||||||||||||||||||||||
| Turkey | Sivasli Municipality | 10,000 | 10,000 | Payments made in TRY, converted to USD at the exchange rate at the date of the individual payment. The average exchange rate for the period was 32.85. | |||||||||||||||||||||||||||||||
| Canada | Government of Quebec | 30,840,000 | 30,840,000 | Payments to Revenu Quebec and Quebec Ministry of Environment Payments made in CDN, converted to USD at the exchange rate at the date of the individual payment. The average exchange rate for the period was 1.36. | |||||||||||||||||||||||||||||||
| Canada | Municipality of Val-d'Or | 540,000 | 540,000 | Payments to Centre Service Scolaire de l'Or et des Bois, Commission scolaire Western Quebec, and Ville de Val d'Or. Payments made in CDN, converted to USD at the exchange rate at the date of the individual payment. The average exchange rate for the period was 1.36. | |||||||||||||||||||||||||||||||
| Greece | Federal Government of Greece | 660,000 | 130,000 | 790,000 | Payments made in EUR, converted to USD at the exchange rate of the individual payment. The average exchange rate for the period was 0.93. | ||||||||||||||||||||||||||||||
| Greece | Municipality of Aristoteles | 1,520,000 | 1,520,000 | Payments made in EUR, converted to USD at the exchange rate of the individual payment. The average exchange rate for the period was 0.93. | |||||||||||||||||||||||||||||||
| Romania | Certej Municipal Government | 140,000 | 140,000 | Payments made in RON, converted to USD at the exchange rate of the individual payment. The average exchange rate for the period was 4.54. | |||||||||||||||||||||||||||||||
| Additional Notes: | 1. Taxes of $49,790,000 were remitted to the Federal Government of the Republic of Turkey of which $44,140,000 was paid in cash after applying refunds of sales taxes previously paid. 2. Fees of $8,950,000 were remitted to the Federal Government of the Republic of Turkey of which $8,520,000 was paid in cash. | ||||||||||||||||||||||||||||||||||
| Extractive Sector Transparency Measures Act - Annual Report | ||||||||||||||||||||||||||||||||
| Reporting Year | From: | 2024-01-01 | To: | 2024-12-31 | ||||||||||||||||||||||||||||
| Reporting Entity Name | Eldorado Gold Corporation | Currency of the Report | USD | |||||||||||||||||||||||||||||
| Reporting Entity ESTMA Identification Number | E919377 | |||||||||||||||||||||||||||||||
| Subsidiary Reporting Entities (if necessary) | Eldorado Gold (Quebec) Inc (ID: E558445) | |||||||||||||||||||||||||||||||
| Payments by Project | ||||||||||||||||||||||||||||||||
| Country | Project Name | Taxes | Royalties | Fees | Production Entitlements | Bonuses | Dividends | Infrastructure Improvement Payments | Total Amount paid by Project | Notes | ||||||||||||||||||||||
| Turkey | Kisladag | 80,000 | 14,400,000 | 6,350,000 | 20,830,000 | Note 1 | ||||||||||||||||||||||||||
| Turkey | Efemcukuru | 20,000 | 10,600,000 | 1,320,000 | 11,940,000 | Note 1 | ||||||||||||||||||||||||||
| Turkey | Ankara Office | 44,140,000 | 850,000 | 44,990,000 | Note 1 | |||||||||||||||||||||||||||
| Canada | Lamaque Complex | 31,380,000 | 31,380,000 | Note 2 | ||||||||||||||||||||||||||||
| Greece | Skouries | 490,000 | 50,000 | 540,000 | Note 3 | |||||||||||||||||||||||||||
| Greece | Perama Hill | 20,000 | 20,000 | Note 3 | ||||||||||||||||||||||||||||
| Greece | Kassandra Mines | 170,000 | 60,000 | 1,520,000 | 1,750,000 | Note 3 | ||||||||||||||||||||||||||
| Romania | Certej | 140,000 | 140,000 | Note 4 | ||||||||||||||||||||||||||||
| Additional Notes: | 1. Payments made in TRY, converted to USD at the exchange rate at the date of the individual payment. The average exchange rate for the period was 32.85. 2. Payments made in CDN, converted to USD at the exchange rate at the date of the individual payment. The average exchange rate for the period was 1.36. 3. Payments made in EUR, converted to USD at the exchange rate at the date of the individual payment. The average exchange rate for the period was 0.93. 4. Payments made in RON, converted to USD at the exchange rate at the date of the individual payment. The average exchange rate for the period was 4.54. | |||||||||||||||||||||||||||||||