Mr. George Burns of Eldorado Gold reports

ELDORADO GOLD REPORTS VOTING RESULTS FROM SPECIAL MEETING OF SHAREHOLDERS

Eldorado Gold Corp. has released the voting results from its special meeting of shareholders held on Tuesday, April 7, 2026. Eldorado shareholders voted to approve the issuance of common shares of Eldorado in connection with the proposed plan of arrangement with Foran Mining Corp. Of the votes cast by the common shareholders at the meeting, 84.21 per cent were in favour of the resolution to approve the issuance of Eldorado common shares in connection with the arrangement.

"This strong level of shareholder support marks an important milestone in progress toward completion of the arrangement with Foran," said George Burns, chief executive officer. "The addition of McIlvenna Bay will enhance our portfolio with a high-quality, long-life Canadian asset that complements our existing operations and strengthens our position as a disciplined, growth-oriented gold and copper producer. This transaction reinforces our ability to deliver long-term value through a combination of operational expertise, a strong balance sheet and a pipeline of high-quality growth opportunities. We look forward to satisfying the remaining closing conditions and completing the transaction for the benefit of our shareholders, employees, communities and partners."

The issuance of Eldorado common shares in connection with the arrangement required approval of a simple majority of the votes cast by the holders of Eldorado shares. A total of 149,602,115 common shares, representing 75.31 per cent of the votes attached to all outstanding common shares, were voted at the meeting. Detailed voting results for the meeting will be available under Eldorado's profiles on SEDAR+.

As announced earlier today by Foran, shareholders of Foran voted to approve the arrangement at the special meeting of securityholders of Foran held on April 7, 2026.

In addition to the securityholder approvals that have been obtained, the arrangement is subject to final court approval and the satisfaction of certain other customary closing conditions for transactions of this nature. The hearing of the Supreme Court of British Columbia for the final order to approve the arrangement is expected to take place on April 9, 2026, and Eldorado expects the arrangement to close on or about April 14, 2026.

About Eldorado Gold Corp.

Eldorado is a gold and base metals producer with mining, development and exploration operations in Canada, Greece and Turkey. 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 and the New York Stock Exchange.

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