Investor Presentaiton

CRESCENT POINT | CORPORATE PRESENTATION Significant Tax Pools Enhance Excess Cash Flow Alberta Montney transaction provides CPG with an estimated $1.3B of tax pools Canadian Tax Pools $1.3B $1.8B $0.6B $1.0B ~$8.3B Cash Tax as % of Before Tax Cash Flow 30% 20% 10% $3.5B 0% CPG Peer 1 Peer 2 Peer 3 Peer 4 Peer 5 Peer 6 Peer 7 ■Class 41 ■COGPE CDE NCLS ■ Other ■2024E 2025E CDN Peer List: ARX, BTE, ERF, NVA, TOU, VET, WCP. Canadian consolidated tax pools as at September 30, 2023 pro forma Alberta Montney transaction. Other pools include CCA and CEE. CPG has US$1.8B of U.S. tax pools. CPG cash tax based on internal estimates, assuming closing of the Transaction and Peters & Co. Equity Research pricing. Peer Cash Tax: Peters & Co. Equity Research (October 23, 2023; 2024 strip of US$81.79/bbl WTI & CAD/USD FX of $0.73, 2025 strip of US$76.35/bbl WTI & CAD/USD FX of $0.73). 30

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