Call Start: 11:00 January 1, 0000 11:50 AM ET Ovintiv, Inc. (NYSE:OVV) Q2 2020 Earnings Conference Call July 29, 2020, 11:00 am ET Company Participants Steve Campbell - IR Doug Suttles - CEO Corey Code - EVP & CFO Brendan McCracken - EVP, Corporate Development & External Affairs Greg Givens - EVP & COO Conference Call Participants Brian Singer - Goldman Sachs Greg Pardy - RBC Capital Markets Josh Silverstein - The Wolfe Research Arun Jayaram - JPMorgan Chase Asit Sen - Bank of America Jeanine Wai - Barclays ...

2Q20 Results Conference Call 1 ْ ⁄ ⁄ Ovintiv Today's Key Takeaways High confidence in '20 & '21 scenarios, cash cost savings on track 4Q20 avg oil and C5+ raised to 200 Mbbls/d (previously exit rate) '20 capex of $1.8B now at low-end of previous range Tripled passive ownership in OVV since change in domicile Excess cash flows goes to debt reduction over the next six quarters Note: All references to capital investment and oil and condensate production scenarios do not represent formal guidance 2 Previous Cur ...