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Centerra Gold Publishes 2024 Sustainability Report

Corporate Updates

Centerra Gold Publishes 2024 Sustainability Report

TORONTO, June 05, 2025 -- Centerra Gold Inc. (“Centerra” or the “Company”) (TSX: CG) (NYSE: CGAU) announces that it has

published its 2024 Sustainability Report, which outlines the Company’s performance on Environmental, Social and Governance

(“ESG”) topics. Key highlights and achievements from the report are included below. The full report can be accessed on

Centerra’s website at: www.centerragold.com/sustainability/overview/

Paul Tomory, President and Chief Executive Officer of Centerra, commented “At Centerra, we continue to believe that

responsible mining is a key driver of long-term value and profitable growth. In 2024, we achieved several key milestones in

workplace health and safety, climate and environment, and governance and transparency. Our sustainability reporting

continues to evolve, and we are committed to meeting rising expectations through increased transparency and alignment with

accepted frameworks and standards.”

Environmental

• Total global scope 1 and 2 greenhouse gas (“GHG”) emissions were 137,719 and 34,727 tonnes of carbon dioxide

equivalent (“tCO2e”), respectively. Emissions per ounce of gold produced at the Company’s two main operating mines,

Mount Milligan and Öksüt, was 0.28 tCO 2e per ounce, which is well below the sector’s weighted average emissions

intensity of 0.66 tCO2e per ounce.

• Centerra continued to implement its climate change strategy with a focus on economically feasible site-level

decarbonization initiatives, refining climate risk scenario analysis, and strengthening climate disclosures.

• Centerra completed a climate resiliency plan outlining key climate physical and transitional risk and opportunities

across all operations.

• Öksüt earned an ISO 50001 energy management system certification and attained certification from the International

Cyanide Management Institute, confirming full compliance with the International Cyanide Management Code.

• Mount Milligan implemented initiatives to improve mine water recycling to reduce freshwater intake volumes, further

strengthening recycling and conservation goals.

Social

• Reduced total reportable injury frequency rate to 0.71, down from 0.76 in the prior year.

• Increased collaboration with Indigenous-owned businesses by 31% to 21 businesses, up from 16 in from 2023 and

achieved 19% Indigenous employee representation across British Columbia operations.

• Local procurement spending across all operating jurisdictions increased by 26% from 2023, for a total of $134 million

spent in 2024.

• Continued global talent management initiatives aimed at identifying and developing future leadership potential.

Governance

• Centerra surpassed its 2026 gender diversity goal for a second year in a row with 38% female representation on the

Board of Directors and 33% among officers of the Company.

• Received independent assurance of conformance with the World Gold Council’s Responsible Gold Mining Principles.

About Centerra Gold

Centerra Gold Inc. is a Canadian-based gold mining company focused on operating, developing, exploring and acquiring gold

and copper properties in North America, Türkiye, and other markets worldwide. Centerra operates two mines: the Mount

Milligan Mine in British Columbia, Canada, and the Öksüt Mine in Türkiye. The Company also owns the Kemess Project in

British Columbia, Canada, the Goldfield Project in Nevada, United States, and owns and operates the Molybdenum Business

Unit in the United States and Canada. Centerra’s shares trade on the Toronto Stock Exchange (“TSX”) under the symbol CG

and on the New York Stock Exchange (“NYSE”) under the symbol CGAU. The Company is based in Toronto, Ontario,

Canada.

For more information:

Lisa Wilkinson

Vice President, Investor Relations & Corporate Communications

(416) 204-3780

[email protected]

Additional information on Centerra is available on the Company’s website at www.centerragold.com, on SEDAR+ at

www.sedarplus.ca and EDGAR at www.sec.gov/edgar.