May 2019 CORPORATE PRESENTATION Governance Presentation CRESCENT POINT CRESCENT POINT
Overview Established Transition Plan CORPORATE PRESENTATION New management team led by Craig Bryksa, President & CEO Announced 12 to 24-month strategic plan in September 2018 Goal of becoming a more focused and efficient company…
CRESCENT POINT CORPORATE PRESENTATION Transition Plan October 2018
New Management Team Leading Change New CEO has acted on a strong willingness for change, leadership and his deep understanding of CPGs asset base CORPORATE PRESENTATION Smaller executive team aligned behind transition plan Craig…
Transition Plan to Create Shareholder Value CORPORATE PRESENTATION Reducing of Dispositions Operating Areas Focused Asset Base CRESCENT POINT Stronger Balance Sheet Decline Mitigation Cost Reductions Improved…
CRESCENT POINT CORPORATE PRESENTATION Board and Governance October 2018
Deliberate Renewal Process Leads to Full Board Refresh Our Board is comprised of members who hold relevant experience and enhance its diversity of thought and effectiveness CORPORATE PRESENTATION 9 Full board renewal since 2014…
Independent Board with Diverse Skill Sets The Board balances directors with a history and knowledge of the company and those with new ideas and different experiences Post-AGM Committee Membership CORPORATE PRESENTATION Director…
Breadth and Depth of Director Experience to Fulfill Mandate Heinemann Skill Bryksa Cillis Craddock* Dielwart Goldthorpe Jackson Koury* Langlois Munroe (Chair) CORPORATE PRESENTATION Professional Background Accounting, Finance,…
Ongoing Shareholder Engagement Underpins Our Business Decisions CORPORATE PRESENTATION Board Outreach Direct dialogue with Board members encouraged throughout the year Human Resources and Compensation Committee Chair contacted our…
Highlights of Good Governance Annual General Meeting CORPORATE PRESENTATION Directors elected individually and not by slate Majority vote policy adopted Board In-camera session at all meetings Board, committee and director…
CRESCENT POINT CORPORATE PRESENTATION Compensation October 2018
Compensation Philosophy CORPORATE PRESENTATION Pay for Pay for Performance Execution of strategy results in sustained value creation for shareholders Long-term incentive pay includes a mix of performance share units (PSUs),…
2018 and 2019 Compensation Plan Changes CORPORATE PRESENTATION Updated compensation peer group for executive pay benchmarking NEO Total Compensation CEO pay quantum established in the bottom quartile of peer group NEO…
Executive Compensation Components in 2018 PSUs (37%) CORPORATE PRESENTATION Internal Metrics 50% of PSUs Long-Term Incentive Plan Vesting Schedule Year 1 Year 2 Year 3 Year 4 ..Year 7 RTSR 50% of PSUs 100% 86% PSUs (50%)…
CORPORATE PRESENTATION October 2018 Environment, Social and Risk Management CRESCENT POINT
Commitment to Environmental Protection Environmental, Health and Safety (EH&S) Protection CORPORATE PRESENTATION Policy reviewed and signed-off annually by President & CEO EH&S committee within the Board provides direction,…
Strong Employee Engagement 2019 Employee Survey (92% participation rate) EMPLOYEE PRESENTATION Employees appreciate flexibility, career development and training, teamwork and collaboration, and safety culture Research…
Employee Development and Community Learning and development programs for all employees CORPORATE PRESENTATION Internal technical hot stoves led by subject matter experts Encourage external learning opportunities Annual employee…
CRESCENT POINT CORPORATE PRESENTATION Strategy Update October 2018
Focused Asset Base CORPORATE PRESENTATION Key Focus Areas Three high-quality resource plays located in Saskatchewan Large resource in place with 13 billion bbl of OOIP Significant drilling inventory with 1.65 million net acres of…
Transition Plan Deliverables Crescent Point has established the following deliverables over the next 12 to 24 months CORPORATE PRESENTATION FOCUS ASSET BASE WITH FEWER Dispose select upstream assets to focus asset base OPERATING…
Post Transition Plan Value Proposition CORPORATE PRESENTATION PRIOR TO TRANSITION TRANSITION PLAN POST TRANSITION Focus on volume growth Reducing of operating areas Focused asset base Acquisitions Upstream dispositions Stronger…
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