Investor Presentaiton

KC YEARS 1880-2020 Long-life, low-decline asset base Stable production base; focused on selective growth Production koebd 400 300 200 ~6.3 billion boe of proved and probable reserves > Over 25-year proved reserves life ■ ~415 koebd production in 2021 > Incremental growth at Kearl and Syncrude > Sustain Cold Lake volumes 100 0 2015 2017 2019 2021 2023 2025 Kearl Syncrude Cold Lake Unconventional and conventional Production Imperial share, before royalties 2P reserves Imperial share, before royalties, YE 2019 NI51-101 12% growth 2020-25 > Reliability and productivity enhancements > Debottlenecking Imperial | 2020 26

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