Investor Presentaiton

Upstream summary Best-in-class producer, maximizing value, positioning for a lower carbon future Maximizing value from existing assets Sustaining efficiencies; targeting industry leading unit cost and reliability Investing for value through select volume growth and GHG intensity reduction Industry leading digital portfolio; achieved >$400M value in 2021 ■ Acceleration of Kearl volumes to 280 kbd Large portfolio of in situ opportunities with net-zero potential Imperial |2022 | 42

View entire presentation