An anonymous director reports

CENOVUS TO HOLD FIRST-QUARTER 2025 CONFERENCE CALL AND WEBCAST AND 2025 ANNUAL MEETING OF SHAREHOLDERS ON MAY 8

Cenovus Energy Inc. will release its first quarter 2025 results on Thursday, May 8, 2025. The news release will provide consolidated first quarter operating and financial information. The company's financial statements will be available on Cenovus's website.

First quarter 2025 conference call:  9 a.m. MT (11 a.m. ET)

To participate, you must complete the on-line registration form in advance of the conference call start time. Register ahead of time to receive a unique PIN (personal identification number) to access the conference call via telephone. Once registered, participants can dial into the conference call from their telephone via the unique PIN or click on the "call me" option to receive an automated call directly on their telephone.

To listen to the conference call on-line, a live audio webcast will also be available and archived for approximately 30 days.

Annual meeting of shareholders

Cenovus will also host its annual meeting of shareholders on May 8, 2025, at 1 p.m. MT (3 p.m. ET). The webcast link to the shareholders meeting is available under investors on the company's website.

About Cenovus Energy Inc.

Cenovus is an integrated energy company with oil and natural gas production operations in Canada and the Asia-Pacific region, and upgrading, refining and marketing operations in Canada and the United States. The company is committed to maximizing value by developing its assets in a safe, responsible and cost-efficient manner, integrating environmental, social and governance considerations into its business plans. Cenovus common shares and warrants are listed on the Toronto Stock Exchange and New York Stock Exchange, and the company's preferred shares are listed on the TSX.