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Ovintiv(OVV) - 2022 Q1 - Earnings Call Presentation

1Q22 Results Conference Call 1 XXX Ovintiv 2 Increasing Shareholder Returns • Doubling shareholder returns to 50% on Oct 1st generating ~10% Cash Return Yield1Ŧ • Announced 25% base dividend increase Prudent Balance Sheet Mgmt. • Announced 1Bredemptionof2024notes;Aprilcashbalanceupby 1B redemption of 2024 notes; April cash balance up by ~400 MM to ~680MM680 MM • 3B Net DebtŦ achieved in 3Q222, will continue to optimize Net DebtŦ below $3B Driving ESG Progress • Published '22 sustainability report; achieving 18th consecutive year of transparent reportin ...