2015 Fourth Quarter & Year End March 2016 and 2016 Budget PROVEN EFFECTIVE STRATEGY MARCH 3, 2016 CONFERENCE CALL PREMIUM VALUE. DEFINED GROWTH. INDEPENDENT. Slide 1 Agenda Introduction Mark Stainthorpe Director, Treasury and Investor Relations Strategy Steve Laut President 2016 Budget Tim McKay Chief Operating Officer 2015 Reserves Lyle Stevens Executive VP, Canadian Conventional Financial Strength Corey Bieber Chief Financial Officer and Senior VP Finance Summary Steve Laut President Questions & Answers CNQ Slide 2 1
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