Mr. George Burns reports

ELDORADO GOLD ANNOUNCES COMPLETION OF SKOURIES MINE ENERGIZATION

Eldorado Gold Corp.'s Skouries mine in northern Greece has been successfully energized following completion of the permanent connection to the Greek national power grid following final inspection, testing and approval by the Greek transmission authority.

"Site energization is an important step in advancing Skouries toward ramp up to steady-state operations and reflects the dedication and commitment of our team," said George Burns, chief executive officer. "The connection to permanent grid power supports the ongoing commissioning and ramp-up of key systems across the site, and provides the long-term power infrastructure required for the operation. Together with the recent achievement of first copper-gold concentrate production, this achievement demonstrates the strong progress being made at Skouries as we continue advancing one of Europe's largest copper-gold projects toward commercial production."

Connection to the national grid provides a reliable long-term power source for the operation and supports the continued advancement of processing and mining activities as the project progresses toward commercial production expected in the fourth quarter of 2026.

Main substation

Skouries is expected to produce on average 140,000 ounces of gold and 67 million pounds of copper annually over the life of mine.

Qualified person

Simon Hille, FAusIMM, executive vice-president, chief operating officer, is the qualified person under National Instrument 43-101 responsible for preparing and supervising the preparation of the scientific or technical information contained in this news release and for verifying the technical data disclosed in this document relating to Skouries.

About Eldorado Gold Corp.

Eldorado is a gold, copper and base metals producer with mining, development and exploration operations in Canada, Turkey and Greece. The company has a highly skilled and dedicated work force, safe and responsible operations, a portfolio of high-quality assets, and long-term partnerships with local communities. Eldorado's common shares trade on the Toronto Stock Exchange (TSX: ELD) and the New York Stock Exchange (NYSE: EGO).

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