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Investor Presentaiton

CRESCENT POINT | CORPORATE PRESENTATION Enhanced Return of Capital Profile Return of Capital Framework Funds Flow (-) Development Capital Expenditures* Excess Cash Flow Current Return of Capital Outlook ~60% (Base Dividends, Share Repurchases & Special Dividends) Tools Utilized for Return of Capital Base Dividends Base dividend is not subject to this framework and is assessed within our capital allocation framework that targets dividend sustainability at lower commodity prices, allows for flexibility in the capital allocation process and dividend growth over time Share Repurchases Takes into account the intrinsic value of the business, assuming mid-cycle commodity prices (NCIB currently in place to repurchase up to 10% of public float) Special Dividends Used in combination with share repurchases to ensure Crescent Point fulfills its return of capital commitment to shareholders, or in greater proportion when share repurchases are no longer accretive *Development capital expenditures includes additional items (capitalized administration, reclamation activities, payments on lease liability and other items, excluding net acquisitions and dispositions). 27 27
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