Cenovus Energy Investor Relations Material

Cenovus Energy Inc. is an integrated oil company. The Company is engaged in the business of developing, producing and marketing crude oil, natural gas liquids and natural gas in Canada. Its operations include oil sands projects in northern Alberta, which use specialized methods to drill and pump the oil to the surface, and established natural gas and oil production in Alberta and Saskatchewan. The Company's portfolio of oil sands assets includes Foster Creek, Christina Lake and Narrows Lake, as well as projects in the early stages of development at Grand Rapids.