Cenovus's Diversified & Resilient Business Model
that could cause actual results to vary. The financial outlook contained in this presentation has been approved by
management as of the date of this presentation. Readers are cautioned that any such financial outlook contained
herein should not be used for purposes other than those for which it is disclosed herein. Cenovus and its
management believe that the financial outlook contained in this presentation has been prepared based on
assumptions that are reasonable in the circumstances, reflecting management's best estimates and judgments, and
represents, to the best of management's knowledge and opinion, expected and targeted financial results. However,
because this information is highly subjective, it should not be relied on as necessarily indicative of future results.
Readers are cautioned not to place undue reliance on forward-looking information as Cenovus's actual results may
differ materially from those expressed or implied. Except as required by applicable securities laws, Cenovus disclaims
any intention or obligation to publicly update or revise any forward-looking statements, whether as a result of new
information, future events or otherwise. Readers are cautioned that the foregoing lists are not exhaustive and are
made as at the date hereof. Events or circumstances could cause actual results to differ materially from those
estimated or projected and expressed in, or implied by, the forward-looking information. For additional information
regarding Cenovus's material risk factors, the assumptions made, and risks and uncertainties which could cause
actual results to differ from the anticipated results, refer to the "Risk Management and Risk Factors" and "Advisory"
in Cenovus's Annual MD&A which is incorporated by reference herein and to the risk factors, assumptions and
uncertainties described in other documents Cenovus files from time to time with securities regulatory authorities in
Canada (available on SEDAR+ at sedarplus.ca, on EDGAR at sec.gov and Cenovus's website at cenovus.com).View entire presentation