2023 Production Guidance and Budget Highlights

Webcast This press release will be accompanied by a webcast of Canadian Natural's Institutional Investor Open House, where the Company will discuss its strategy, ESG performance, asset overview, 2023 budget and financial strength that when combined maximizes shareholder value. The webcast will take place on Wednesday, November 30, 2022 at 7:00MT/9:00ET with details available on the Company's webpage, www.cnrl.com. The presentation will be available for download on Canadian Natural's website shortly before the live presentations begin. Canadian Natural is a senior oil and natural gas production company, with continuing operations in its core areas located in Western Canada, the U.K. portion of the North Sea and Offshore Africa. CANADIAN NATURAL RESOURCES LIMITED 2100, 855-2nd Street S.W. Calgary, Alberta, T2P4J8 Phone: 403-514-7777 Email: [email protected] www.cnrl.com TIM S. MCKAY President MARK A. STAINTHORPE Chief Financial Officer and Senior Vice-President, Finance LANCE J. CASSON Manager, Investor Relations Trading Symbol - CNQ Toronto Stock Exchange New York Stock Exchange Canadian Natural Resources Limited 4 Press Release

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