Letter from the CEO

Responsibility, integrity and accountability: these are the values that have guided Eldorado and its growth for more than two decades. Living by these values means that we measure our performance beyond the balance sheet. Even as world markets fluctuate, national economies stumble and the price of gold goes up and down, our track record shows that we are unwavering in our commitment to sustainability. Our goal is to operate responsibly, and we will continue to invest in environmental, social, safety and education projects that enhance the communities where we operate.

This Sustainability Report outlines our performance in a wide range of areas – from health and safety to the environment and community development. Our data-driven approach enables us to track our progress from year to year, noting areas where we have improved and identifying those areas where there is room for improvement.

On the environment side, we are proud to have achieved another year with no reportable environmental incidents. We are continuing to move towards certifying our sites that are not already in compliance to international standards, including the International Cyanide Management Code, ISO 14001 and OHSAS 18001.

In 2014, we took action to improve our health and safety performance through standardized data collection and increased communication between sites. Our efforts paid off, and in 2014 we saw improvements in our safety performance, with no fatal accidents and a 22% lower lost-time incident frequency rate than the year before. We will continue to strengthen our safety culture in 2015.

In the coming years, we will continue to put our values into practice – investing time and money in our operations and in the communities where we operate to achieve exemplary leadership as a responsible mining company.

At Eldorado, we build and operate mines, and in doing so, we build opportunities for individuals, communities and governments.

Paul Wright