Canadian Natural Resources Limited Prices C$1,650 Million in 3, 5 and 10 Year Medium-Term Notes

Core Points - Canadian Natural Resources Limited has priced medium-term notes totaling C$1.65 billion with varying maturities and coupon rates [1][2] - The notes include a 3-year note at 3.30%, a 5-year note at 3.75%, and a 10-year note at 4.55% [1] - The net proceeds from the issuance will be used for general corporate purposes and may include repayment of indebtedness [2] Financial Details - The 3-year note has a principal of C$550 million, maturing on December 8, 2028, priced at C$99.887 with a yield to maturity of 3.340% [1] - The 5-year note has a principal of C$550 million, maturing on February 8, 2031, priced at C$99.781 with a yield to maturity of 3.798% [1] - The 10-year note has a principal of C$550 million, maturing on February 8, 2036, priced at C$99.700 with a yield to maturity of 4.588% [1] Offering Details - The offering is expected to close on December 8, 2025, subject to customary closing conditions [2] - The notes were issued under the Company's Canadian base shelf prospectus dated August 28, 2025, allowing for the issuance of debt securities up to C$3.0 billion [2] - Joint lead agents for the offering include CIBC Capital Markets, TD Securities Inc., and Scotia Capital Inc. [1]