Cenovus to help address Indigenous housing crisis in northern Alberta - Seite 3

Roger Marten, Chief, Cold Lake First Nations
“We have about 3,000 band members and only 300 homes. So, the crisis is always there and is always ongoing. The relationship has always been a great one with Cenovus; they have always listened and try to do the best they can to help us along the way.”

Val Quintal, Board member, Conklin Resource Development Advisory Committee, representing Conklin Métis (Local 193)
“Housing is a critical need for Conklin, and we are so pleased that Cenovus has come forward to help our community address this issue.”

Curtis Monias, Chief, Heart Lake First Nation
“I am really excited for Heart Lake. I look forward to working with all the surrounding communities, with industry, and I’m excited to build homes back home for my people.”

For more information about Cenovus’s Indigenous housing initiative, watch this video.

ADVISORY

Forward-looking Information
This document contains certain forward-looking statements and forward-looking information (collectively referred to as “forward-looking information”) within the meaning of applicable securities legislation, including the United States Private Securities Litigation Reform Act of 1995, about our current expectations, estimates and projections about the future, based on certain assumptions made by us in light of our experience and perception of historical trends. Although Cenovus believes that the expectations represented by such forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. Readers are cautioned not to place undue reliance on forward-looking information as actual results may differ materially from those expressed or implied.

Forward-looking information in this document is identified by words such as “aim”, “anticipate”, “commit”, “opportunity”, “plan”, “potential”, “target”, “will” or similar words or expressions and includes suggestions of future outcomes, including statements about: Cenovus’s commitment of $10 million per year for five years to build new houses in Indigenous communities; the potential to extend the project to 10 years with a total investment amount of $100 million; the potential impact of the housing project, and Cenovus's plans and expectations regarding the housing project; Cenovus's plans with respect to continued Indigenous engagement, including its target to spend at least an additional $1.5 billion with Indigenous owned or operated businesses over the next 10 years and the expected benefits to neighbouring communities; and the opportunities related to setting and achieving targets, commitments and ambitions for ESG focus areas.