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Investor Presentaiton

• • Highlighting Our World Class Montney In response to direct feedback from investors that they want to know more about our Montney Asset >$2B Upstream Operating Free Cash Flow¹¹ Strong Returns across Multiple Commodities OVV drills top Montney wells - either oil or gas >30 MMcf/d IP30 natural gas wells to >1,000 bbls/d IP30 oil and condensate wells OVV drilled 13 of the top 15 industry wells in the Montney Basin in the last 12 months2 #1 Capital Efficiency in the Play Driven by cross basin learnings & proven culture of innovation Scale & Development Runway >10 yrs premium oil & condensate & >20 yrs premium gas inventory T Non-GAAP measures defined in advisories. For additional information regarding non-GAAP measures see the Company's website. 1) FY22 Before hedges and corporate costs. WTI of $100 and NYMEX of $8.00 2) Enverus data 6 mos. cumulative BOE. 1-1 Ovintiv SEPT 19 2022 11 AM ET MARK YOUR CALENDAR Montney Webcast 10
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