Investor Presentaiton

High Quality Balanced Multi-Basin Portfolio • Deep Premium Inventory¹ >10 years Oil & Condensate 20 years Natural Gas Opportunities across the portfolio Premium Portfolio • Each asset generates substantial FCFT2 Provides risk mitigation against single basin headwinds Multi-Basin Advantage Cross-basin learnings reinforce innovative culture Operational best practices distributed across the portfolio ✓ Multi-Product Commodity Exposure Balanced production across oil & condensate and gas Maximized price realizations through market diversification 2Q22 Production Montney 198 MBOE/d Bakken 28 MBOE/d Uinta 23 MBOE/d Anadarko 128 MBOE/d Permian 116 MBOE/d Ovintiv™ I Non-GAAP measures defined in advisories. For additional information regarding non-GAAP measures see the Company's website. 1) Premium defined as 35% after-tax return at $55 WTI and $2.75 NYMEX 2) Assumes $100 WTI & $8 NYMEX 23 23

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