Investor Presentaiton

CRESCENT POINT | CORPORATE PRESENTATION Returns Based Capital Allocation Framework & Excess Cash Flow Priorities ASSET LEVEL Base Plan Risk Adjusted Returns and Value Added (Well & Project Level) Long-Term Decline Mitigation Step-out Drilling Land Expiries Other Projects • • Environmental ARO Emissions Reduction Asset Integrity Spill Prevention ARO: Asset Retirement Obligations. Funds Flow is Adjusted Funds Flow. CORPORATE LEVEL Funds Flow (Maximize with a cost discipline) Maintenance Capital (Total spending in context of balance sheet and returns) Balance Sheet / Base Dividend Follow-on decisions compete for capital based on expected returns and long-term corporate objectives Additional Debt Reduction Additional Return of Capital Organic Growth M&A/ Enhance Portfolio Long-Term & Other 29 29

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