Eldorado Gold Corporation (“Eldorado” or “the Company”) is pleased to announce that all director nominees, as listed in the Management Proxy Circular dated April 25, 2022, were elected as directors of Eldorado at the Company’s Annual Meeting of Shareholders (the “Meeting”) held on June 9, 2022.

"On behalf of the Board, we would like to thank our shareholders for their ongoing feedback and support for the governance efforts and the strategic direction we have undertaken," said Steven Reid, Chair of Eldorado Gold's Board of Directors.

“Further, we would like to thank George Albino, who did not stand for re-election this year, for his sound counsel and guidance during his tenure,” continued Mr. Reid. “During his five-and-a-half-years of service, George served on numerous key Board committees and was Chair during three transformative years at Eldorado, from 2018 to 2021. His guidance during this time was invaluable to the Board and Eldorado’s leadership team, and he will be greatly missed.”

“In addition, we are pleased to welcome Stephen Walker. Mr. Walker has over 35 years of experience in capital markets, focused on the mineral resource industry. Prior to his retirement from his 20-year tenure at the Royal Bank, he held varying roles, including Managing Director and Head of Global Mining Research from 2007 to 2020. Please join me in welcoming Stephen to the Board,” said Steve Reid.

Election of Directors

Directors Votes For Votes Withheld Outcome
George Burns 103,419,297 Shares98.74% 1,324,684 Shares1.26% Elected
Carissa Browning 103,522,457 Shares98.83% 1,221,524 Shares1.17% Elected
Teresa Conway 103,528,735 Shares98.84% 1,215,246 Shares1.16% Elected
Catherine Farrow 102,452,323 Shares97.81% 2,291,658 Shares2.19% Elected
Pamela Gibson 103,250,114 Shares98.57% 1,493,867 Shares1.43% Elected
Judith Mosely 103,525,326 Shares98.84% 1,218,655 Shares1.16% Elected
Steven Reid 103,559,500 Shares98.87% 1,184,481 Shares1.13% Elected
Stephen Walker 103,566,654 Shares98.88% 1,177,327 Shares1.12% Elected
John Webster 103,262,945 Shares98.59% 1,418,036 Shares1.41% Elected

At the Meeting, shareholders of the Company also approved:

  • The appointment of auditors;
  • Setting the auditor’s pay; and
  • The advisory resolution on executive compensation.

Voting results on each resolution are detailed below and can also be found in the Company’s final Report on Voting Results as filed on SEDAR (www.sedar.com). All resolutions were conducted by ballot.

Appointment of Auditors

Votes For Votes Withheld Outcome
117,619,963 Shares98.78% 1,457,343 Shares1.22% Carried

Setting the Auditor’s Pay

Votes For Votes Against Outcome
104,009,754 Shares99.30% 734,226 Shares0.70% Carried

Non-Binding Advisory Vote of Executive Compensation

Votes For Votes Against Outcome
99,387,717 Shares94.89% 5,356,262 Shares5.11% Carried

About Eldorado Gold

Eldorado is a gold and base metals producer with mining, development and exploration operations in Turkey, Canada, Greece and Romania. The Company has a highly skilled and dedicated workforce, 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).

Contact

Investor Relations

Lisa Wilkinson, VP, Investor Relations604.757 2237 or 1.888.353.8166 lisa.wilkinson@eldoradogold.com

Media

Louise McMahon, Director Communications & Public Affairs604.757 5573 or 1.888.353.8166 louise.mcmahon@eldoradogold.com

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