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Balance Sheet & Financial Flexibility CRESCENT POINT | CORPORATE PRESENTATION Net Debt (Millions $ CAD) Near-Term Net Debt Outlook $5,000 1.4x $4,000 $3,000 $2,000 $1,000 $0 1.5x 1.1x-1.2x (US$75 - US$80 WTI) 1.0x (Mid-Cycle Pricing) 1.0x At Closing (Dec 2023) YE 2024E Near-Term Debt Target 0.5x 0.0x Net Debt/ Adjusted Funds Flow Directing -40% of excess cash flow to net debt reduction Will continue to hedge a portion of production to protect against balance sheet (currently hedged -30% of oil & liquids and -25% of gas production for 2024) Long-term target leverage ratio of <1.0x in a low commodity price environment 26

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