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                      Dividend

                      Centerra’s Board of Directors declared, on April 30, 2020, a cash dividend of C$0.04 per common share, payable on June 4, 2020 to shareholders of record on May 21, 2020.

                      The Board of Directors reviews quarterly, the payment of a dividend depending upon the Company's cash balances, operating cash flows, anticipated capital requirements for future growth, the yields of comparable companies' dividend rates, and such other considerations as the Board of Directors may consider relevant.

                      Dividends paid by Centerra are designated as eligible dividends for the purpose of the Income Tax Act (Canada), and for relevant Canadian provincial and territorial income tax legislation, unless notice to the contrary with respect to a particular dividend is given.

                      Currently, Centerra does not have a Dividend Re-Investment Plan ("DRIP").

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