Investor Presentaiton

Corporate guidance summary 2022 Annual Guidance¹ Total Capex $B 1.4 Upstream Production kboed 425-440 Kearl kbd (gross) 265-270 Cold Lake kbd 135-140 Syncrude kbd 75-80 2022 Turnaround Schedule Upstream (full-year opex and production impacts, before royalties) 1Q/2Q: Syncrude Hydrotreater, 3 kbd, $14M opex 2Q: Kearl K1 plant, 10 kbd, $70M opex (IOL share) 2Q: Cold Lake Leming, 1 kbd, $12M opex 3Q: Syncrude Coker, 7 kbd, $65M opex Refinery throughput kbd 395-405 Refinery utilization % 92-94 Downstream (full-year opex and throughput impacts) 1Q/2Q: Sarnia crude unit, 4 kbd, $2M opex 1 Production is Imperial share, before royalties except Kearl which is 100% gross basis Imperial | 2022 | 67

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