CRESCENT POINT ESG PRESENTATION ESG Presentation Bringing energy to our world the right way July 2020
2020 Sustainability Report Highlights CRESCENT POINT Emissions intensity reduction target of 30% by 2025 Demonstrated effective risk management approach to COVID-19 pandemic ESG PRESENTATION Significantly decreased asset…
3 Governance CRESCENT POINT ESG PRESENTATION
Board of Directors (1, 2) Barbara Munroe Ted Goldthorpe CRESCENT POINT Chair of the Board 27 years of legal experience and industry diversification. Financial professional and Managing Partner in charge of the Global Credit…
Strong Governance and Diversity CRESCENT POINT Full Board renewal since 2014; appointment of new chair, Barbara Munroe, and three new members in 2019 Regular engagement with investors, employees and community stakeholders…
Compensation Philosophy & ESG Alignment CRESCENT POINT Compensation philosophy: Pay for Performance Market competitive to attract, retain and motivate Aligning pay outcomes to shareholder returns, corporate performance and…
7 Environment CRESCENT POINT ESG PRESENTATION
GHG Emissions & Climate Strategy 2017 Baseline 2025 Target CRESCENT POINT Targeting a 30% reduction in direct emissions intensity by 2025; 50% reduction in methane No venting on new wells in core areas Enhanced gas conservation…
Environmental Performance Reportable Spills CRESCENT POINT 7500 160 Spill Performance 6000 120 Significantly reduced both spill count and volume in 2019 Volume (m3) 4500 Count Implementation of operational…
10 Social CRESCENT POINT ESG PRESENTATION
Safe Operations Strong safety culture with behaviour-based training contributes to continued improvement in safety performance CRESCENT POINT Clear safety expectations and monitoring of supplier performance, including an enhanced…
Our People & Culture Employee engagement survey results demonstrate a highly engaged workforce CRESCENT POINT Ongoing leadership training and succession planning throughout all levels of the organization Strong focus on mental…
Community Investment CRESCENT POINT Over 30 million committed since inception Educational programming for rural or underserved communities; scholarships for Indigenous, high school and post-secondary students Food bank aid…
Community & Supplier Engagement CRESCENT POINT Community Engagement Guiding principles: Fair, frequent and respectful engagement Long-lasting, positive impact on the economic and social strength of communities ESG…
Oil and Gas Definitions CRESCENT POINT Barrels of oil equivalent (boe) may be misleading, particularly if used in isolation. A boe conversion ratio of 6 Mcf : 1 Bbl is based on an energy equivalency conversion method primarily…
CRESCENT POINT BANKER Bank of Nova Scotia AUDITOR PricewaterhouseCoopers LLP LEGAL COUNSEL Norton Rose Fulbright Canada LLP ESG PRESENTATION GLJ Petroleum Consultants Ltd. EVALUATION ENGINEERS Sproule Associates Limited…