# EDGAR Filing Document

**Accession Number:** 0001475260
**File Stem:** 0001475260-25-000033
**Filing Date:** 2025-9
**Character Count:** 242825
**Document Hash:** f33fb4464caa8d6418148b1bb205d50d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001475260-25-000033.hdr.sgml**: 20250904

**ACCESSION NUMBER**: 0001475260-25-000033

**CONFORMED SUBMISSION TYPE**: SD

**PUBLIC DOCUMENT COUNT**: 12

**FILED AS OF DATE**: 20250904

**DATE AS OF CHANGE**: 20250904

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** CENOVUS ENERGY INC.
- **CENTRAL INDEX KEY:** 0001475260
- **STANDARD INDUSTRIAL CLASSIFICATION:** CRUDE PETROLEUM & NATURAL GAS [1311]
- **ORGANIZATION NAME:** 01 Energy & Transportation
- **EIN:** 980642460
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SD
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-34513
- **FILM NUMBER:** 251293225

**BUSINESS ADDRESS:**
- **STREET 1:** 225 - 6 AVENUE S.W.
- **STREET 2:** P.O. BOX 766
- **CITY:** CALGARY
- **STATE:** A0
- **ZIP:** T2P 1N2
- **BUSINESS PHONE:** 403-766-2000

**MAIL ADDRESS:**
- **STREET 1:** 225 - 6 AVENUE S.W.
- **STREET 2:** P.O. BOX 766
- **CITY:** CALGARY
- **STATE:** A0
- **ZIP:** T2P 1N2

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM SD** 

**SPECIALIZED DISCLOSURE REPORT**

---

| | | |
|:---|:---|:---|
| **CENOVUS ENERGY INC.** | **CENOVUS ENERGY INC.** | **CENOVUS ENERGY INC.** |
| (Exact name of the registrant as specified in its charter) | (Exact name of the registrant as specified in its charter) | (Exact name of the registrant as specified in its charter) |
| **Alberta, Canada** | **1-34513** | **Not applicable** |
| (State or other jurisdiction of incorporation or organization) | (Commission File Number) | (I.R.S. Employer Identification No.) |
| **4100, 225 6 Ave SW** |  |  |
| **Calgary, Alberta, Canada** |  | **T2P 0M5** |
| (Address of principal executive offices) | (Address of principal executive offices) | (Zip code) |
| **Karamjit S. Sandhar** | **Karamjit S. Sandhar** | **Karamjit S. Sandhar** |
| **1-403-766-5883** | **1-403-766-5883** | **1-403-766-5883** |
| (Name and telephone number, including area code,<br>of the person to contact in connection with this report.) | (Name and telephone number, including area code,<br>of the person to contact in connection with this report.) | (Name and telephone number, including area code,<br>of the person to contact in connection with this report.) |

---

Check the appropriate box to indicate the rule pursuant to which this Form is being submitted, and provide the period to which the information in this Form applies:

Rule 13p-1 under the Securities Exchange Act (17 CFR 240.13p-1) for the reporting period from January 1 to December 31, .

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<u>X</u> Rule 13q-1 under the Securities Exchange Act (17 CFR 240.13q-1) for the fiscal year ended December 31, 2024.

------

**INFORMATION TO BE INCLUDED IN THE REPORT**

**SECTION 1 – CONFLICT MINERALS DISCLOSURE**

**ITEM 1.01 CONFLICT MINERALS DISCLOSURE AND REPORT**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not applicable

**SECTION 2 – RESOURCE EXTRACTION ISSUER DISCLOSURE**

**ITEM 2.01 RESOURCE EXTRACTION ISSUER DISCLOSURE AND REPORT**

Cenovus Energy Inc. ("Cenovus") is subject to Canada's Extractive Sector Transparency Measures Act ("ESTMA"). Cenovus is relying on the alternative reporting provision of Item 2.01 and providing its ESTMA report for the year ended December 31, 2024 to satisfy the requirements of Item 2.01. Cenovus's ESTMA report is available on Cenovus's website at www.cenovus.com/sustainability/reporting or on the Government of Canada's website at https://natural-resources.canada.ca/estma-data. The payment disclosure required by Form SD is included as Exhibit 2.01 to this Form SD.

**SECTION 3 – EXHIBITS**

&nbsp;&nbsp;&nbsp;&nbsp;**ITEM 3.01. EXHIBITS**

Exhibit 2.01 – <u>[Extractive Sector Transparency Measures Act - Annual Report for the year ended December 31, 2024](cve-20241231.htm)</u>

------

**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the duly authorized undersigned.

---

| | | |
|:---|:---|:---|
| CENOVUS ENERGY INC. | CENOVUS ENERGY INC. |  |
| (Registrant) | (Registrant) |  |
| By: | */s/ Karamjit S. Sandhar* | September 4, 2025 |
| Name: Karamjit S. Sandhar | Name: Karamjit S. Sandhar | (Date) |
| Title: Executive Vice-President & Chief Financial Officer | Title: Executive Vice-President & Chief Financial Officer |  |

---

## Exhibit 2.01

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(3) Includes payments made in foreign currencies. Where payments have been made in a local currency they have been converted to Canadian dollars using the prevailing exchange rate at the time of payment. The average exchange rates for the period were:

- $1 CAD: $0.702 USD

- $1 CAD: 5.255 RMB

(3) Includes payments made in foreign currencies. Where payments have been made in a local currency they have been converted to Canadian dollars using the prevailing exchange rate at the time of payment. The average exchange rates for the period were:

- $1 CAD: $0.702 USD

- $1 CAD: 5.255 RMB

## Exhibit 2.01

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          <link:loc xlink:type="locator" xlink:label="loc_cve_TerraNovaOilFieldMember_39cbc571-d37b-48df-9486-ba7b7594890b" xlink:href="cve-20241231.xsd#cve_TerraNovaOilFieldMember"/>
          <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_rxp_AllProjectsMember" xlink:to="loc_cve_TerraNovaOilFieldMember_39cbc571-d37b-48df-9486-ba7b7594890b" xlink:type="arc" order="14"/>
          <link:loc xlink:type="locator" xlink:label="loc_cve_Block2934Member_ada5e641-06d6-4360-8639-8db29034a08f" xlink:href="cve-20241231.xsd#cve_Block2934Member"/>
          <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_rxp_AllProjectsMember" xlink:to="loc_cve_Block2934Member_ada5e641-06d6-4360-8639-8db29034a08f" xlink:type="arc" order="15"/>
          <link:loc xlink:type="locator" xlink:label="loc_cve_Block1533Member_116432a4-3854-4a20-9d74-513c5b3ad7d4" xlink:href="cve-20241231.xsd#cve_Block1533Member"/>
          <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_rxp_AllProjectsMember" xlink:to="loc_cve_Block1533Member_116432a4-3854-4a20-9d74-513c5b3ad7d4" xlink:type="arc" order="16"/>
        </link:definitionLink>
        <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedPeriodStartLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodStartLabel"/>
        <link:roleRef roleURI="http://www.xbrl.org/2009/role/netLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/net-2009-12-16.xsd#netLabel"/>
        <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedNetLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedNetLabel"/>
        <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTerseLabel"/>
        <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedPeriodEndLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodEndLabel"/>
        <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedLabel"/>
        <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTotalLabel"/>
        <link:labelLink xlink:role="http://www.xbrl.org/2003/role/link" xlink:type="extended">
          <link:label id="lab_cve_BeaverLakeCreeNationMember_label_en-US" xlink:label="lab_cve_BeaverLakeCreeNationMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Beaver Lake Cree Nation [Member]</link:label>
          <link:label id="lab_cve_BeaverLakeCreeNationMember_documentation_en-US" xlink:label="lab_cve_BeaverLakeCreeNationMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Beaver Lake Cree Nation</link:label>
          <link:loc xlink:type="locator" xlink:label="loc_cve_BeaverLakeCreeNationMember" xlink:href="cve-20241231.xsd#cve_BeaverLakeCreeNationMember"/>
          <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_BeaverLakeCreeNationMember" xlink:to="lab_cve_BeaverLakeCreeNationMember" xlink:type="arc" order="1"/>
          <link:label id="lab_cve_WhitefishLakeFirstNationMember_label_en-US" xlink:label="lab_cve_WhitefishLakeFirstNationMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Whitefish Lake First Nation [Member]</link:label>
          <link:loc xlink:type="locator" xlink:label="loc_cve_WhitefishLakeFirstNationMember" xlink:href="cve-20241231.xsd#cve_WhitefishLakeFirstNationMember"/>
          <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_WhitefishLakeFirstNationMember" xlink:to="lab_cve_WhitefishLakeFirstNationMember" xlink:type="arc" order="1"/>
          <link:label id="lab_cve_RuralMunicipalityOfEldonMember_label_en-US" xlink:label="lab_cve_RuralMunicipalityOfEldonMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Rural Municipality of Eldon [Member]</link:label>
          <link:label id="lab_cve_RuralMunicipalityOfEldonMember_documentation_en-US" xlink:label="lab_cve_RuralMunicipalityOfEldonMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Rural Municipality of Eldon</link:label>
          <link:loc xlink:type="locator" xlink:label="loc_cve_RuralMunicipalityOfEldonMember" xlink:href="cve-20241231.xsd#cve_RuralMunicipalityOfEldonMember"/>
          <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_RuralMunicipalityOfEldonMember" xlink:to="lab_cve_RuralMunicipalityOfEldonMember" xlink:type="arc" order="1"/>
          <link:label id="lab_cve_EdsonMember_label_en-US" xlink:label="lab_cve_EdsonMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Edson [Member]</link:label>
          <link:loc xlink:type="locator" xlink:label="loc_cve_EdsonMember" xlink:href="cve-20241231.xsd#cve_EdsonMember"/>
          <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_EdsonMember" xlink:to="lab_cve_EdsonMember" xlink:type="arc" order="1"/>
          <link:label id="lab_cve_MikisewCreeFirstNationMember_label_en-US" xlink:label="lab_cve_MikisewCreeFirstNationMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mikisew Cree First Nation [Member]</link:label>
          <link:label id="lab_cve_MikisewCreeFirstNationMember_documentation_en-US" xlink:label="lab_cve_MikisewCreeFirstNationMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Mikisew Cree First Nation</link:label>
          <link:loc xlink:type="locator" xlink:label="loc_cve_MikisewCreeFirstNationMember" xlink:href="cve-20241231.xsd#cve_MikisewCreeFirstNationMember"/>
          <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_MikisewCreeFirstNationMember" xlink:to="lab_cve_MikisewCreeFirstNationMember" xlink:type="arc" order="1"/>
          <link:label id="lab_cve_LacombeCountyMember_label_en-US" xlink:label="lab_cve_LacombeCountyMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Lacombe County [Member]</link:label>
          <link:label id="lab_cve_LacombeCountyMember_documentation_en-US" xlink:label="lab_cve_LacombeCountyMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Lacombe County</link:label>
          <link:loc xlink:type="locator" xlink:label="loc_cve_LacombeCountyMember" xlink:href="cve-20241231.xsd#cve_LacombeCountyMember"/>
          <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_LacombeCountyMember" xlink:to="lab_cve_LacombeCountyMember" xlink:type="arc" order="1"/>
          <link:label id="lab_cve_EnochCreekNationMember_label_en-US" xlink:label="lab_cve_EnochCreekNationMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Enoch Creek Nation [Member]</link:label>
          <link:loc xlink:type="locator" xlink:label="loc_cve_EnochCreekNationMember" xlink:href="cve-20241231.xsd#cve_EnochCreekNationMember"/>
          <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_EnochCreekNationMember" xlink:to="lab_cve_EnochCreekNationMember" xlink:type="arc" order="1"/>
          <link:label id="lab_cve_McMurrayMetisLocal1935Member_label_en-US" xlink:label="lab_cve_McMurrayMetisLocal1935Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">McMurray Metis Local 1935 [Member]</link:label>
          <link:label id="lab_cve_McMurrayMetisLocal1935Member_documentation_en-US" xlink:label="lab_cve_McMurrayMetisLocal1935Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">McMurray Metis Local 1935</link:label>
          <link:loc xlink:type="locator" xlink:label="loc_cve_McMurrayMetisLocal1935Member" xlink:href="cve-20241231.xsd#cve_McMurrayMetisLocal1935Member"/>
          <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_McMurrayMetisLocal1935Member" xlink:to="lab_cve_McMurrayMetisLocal1935Member" xlink:type="arc" order="1"/>
          <link:label id="lab_cve_MunicipalDistrictOfWainwrightMember_label_en-US" xlink:label="lab_cve_MunicipalDistrictOfWainwrightMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Municipal District of Wainwright [Member]</link:label>
          <link:label id="lab_cve_MunicipalDistrictOfWainwrightMember_documentation_en-US" xlink:label="lab_cve_MunicipalDistrictOfWainwrightMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Municipal District of Wainwright</link:label>
          <link:loc xlink:type="locator" xlink:label="loc_cve_MunicipalDistrictOfWainwrightMember" xlink:href="cve-20241231.xsd#cve_MunicipalDistrictOfWainwrightMember"/>
          <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_MunicipalDistrictOfWainwrightMember" xlink:to="lab_cve_MunicipalDistrictOfWainwrightMember" xlink:type="arc" order="1"/>
          <link:label id="lab_cve_RuralMunicipalityOfPayntonMember_label_en-US" xlink:label="lab_cve_RuralMunicipalityOfPayntonMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Rural Municipality of Paynton [Member]</link:label>
          <link:label id="lab_cve_RuralMunicipalityOfPayntonMember_documentation_en-US" xlink:label="lab_cve_RuralMunicipalityOfPayntonMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Rural Municipality of Paynton</link:label>
          <link:loc xlink:type="locator" xlink:label="loc_cve_RuralMunicipalityOfPayntonMember" xlink:href="cve-20241231.xsd#cve_RuralMunicipalityOfPayntonMember"/>
          <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_RuralMunicipalityOfPayntonMember" xlink:to="lab_cve_RuralMunicipalityOfPayntonMember" xlink:type="arc" order="1"/>
          <link:label id="lab_cve_ProvinceOfAlbertaMember_label_en-US" xlink:label="lab_cve_ProvinceOfAlbertaMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Province of Alberta [Member]</link:label>
          <link:label id="lab_cve_ProvinceOfAlbertaMember_documentation_en-US" xlink:label="lab_cve_ProvinceOfAlbertaMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Province of Alberta</link:label>
          <link:loc xlink:type="locator" xlink:label="loc_cve_ProvinceOfAlbertaMember" xlink:href="cve-20241231.xsd#cve_ProvinceOfAlbertaMember"/>
          <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_ProvinceOfAlbertaMember" xlink:to="lab_cve_ProvinceOfAlbertaMember" xlink:type="arc" order="1"/>
          <link:label id="lab_cve_CorporateMember_label_en-US" xlink:label="lab_cve_CorporateMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Corporate [Member]</link:label>
          <link:label id="lab_cve_CorporateMember_documentation_en-US" xlink:label="lab_cve_CorporateMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Corporate</link:label>
          <link:loc xlink:type="locator" xlink:label="loc_cve_CorporateMember" xlink:href="cve-20241231.xsd#cve_CorporateMember"/>
          <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_CorporateMember" xlink:to="lab_cve_CorporateMember" xlink:type="arc" order="1"/>
          <link:label id="lab_cve_WoodlandsCountyMember_label_en-US" xlink:label="lab_cve_WoodlandsCountyMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Woodlands County [Member]</link:label>
          <link:label id="lab_cve_WoodlandsCountyMember_documentation_en-US" xlink:label="lab_cve_WoodlandsCountyMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Woodlands County</link:label>
          <link:loc xlink:type="locator" xlink:label="loc_cve_WoodlandsCountyMember" xlink:href="cve-20241231.xsd#cve_WoodlandsCountyMember"/>
          <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_WoodlandsCountyMember" xlink:to="lab_cve_WoodlandsCountyMember" xlink:type="arc" order="1"/>
          <link:label id="lab_cve_TownOfRainbowLakeMember_label_en-US" xlink:label="lab_cve_TownOfRainbowLakeMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Town of Rainbow Lake [Member]</link:label>
          <link:label id="lab_cve_TownOfRainbowLakeMember_documentation_en-US" xlink:label="lab_cve_TownOfRainbowLakeMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Town of Rainbow Lake</link:label>
          <link:loc xlink:type="locator" xlink:label="loc_cve_TownOfRainbowLakeMember" xlink:href="cve-20241231.xsd#cve_TownOfRainbowLakeMember"/>
          <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_TownOfRainbowLakeMember" xlink:to="lab_cve_TownOfRainbowLakeMember" xlink:type="arc" order="1"/>
          <link:label id="lab_cve_FederalGovernmentOfChinaMember_label_en-US" xlink:label="lab_cve_FederalGovernmentOfChinaMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Federal Government of China [Member]</link:label>
          <link:label id="lab_cve_FederalGovernmentOfChinaMember_documentation_en-US" xlink:label="lab_cve_FederalGovernmentOfChinaMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Federal Government of China</link:label>
          <link:loc xlink:type="locator" xlink:label="loc_cve_FederalGovernmentOfChinaMember" xlink:href="cve-20241231.xsd#cve_FederalGovernmentOfChinaMember"/>
          <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_FederalGovernmentOfChinaMember" xlink:to="lab_cve_FederalGovernmentOfChinaMember" xlink:type="arc" order="1"/>
          <link:label id="lab_cve_Block2934Member_label_en-US" xlink:label="lab_cve_Block2934Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Block 29/34 [Member]</link:label>
          <link:loc xlink:type="locator" xlink:label="loc_cve_Block2934Member" xlink:href="cve-20241231.xsd#cve_Block2934Member"/>
          <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_Block2934Member" xlink:to="lab_cve_Block2934Member" xlink:type="arc" order="1"/>
          <link:label id="lab_cve_ColdLakeFirstNationsMember_label_en-US" xlink:label="lab_cve_ColdLakeFirstNationsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cold Lake First Nations [Member]</link:label>
          <link:label id="lab_cve_ColdLakeFirstNationsMember_documentation_en-US" xlink:label="lab_cve_ColdLakeFirstNationsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Cold Lake First Nations</link:label>
          <link:loc xlink:type="locator" xlink:label="loc_cve_ColdLakeFirstNationsMember" xlink:href="cve-20241231.xsd#cve_ColdLakeFirstNationsMember"/>
          <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_ColdLakeFirstNationsMember" xlink:to="lab_cve_ColdLakeFirstNationsMember" xlink:type="arc" order="1"/>
          <link:label id="lab_cve_FederalGovernmentOfCanadaMember_label_en-US" xlink:label="lab_cve_FederalGovernmentOfCanadaMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Federal Government of Canada [Member]</link:label>
          <link:label id="lab_cve_FederalGovernmentOfCanadaMember_documentation_en-US" xlink:label="lab_cve_FederalGovernmentOfCanadaMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Federal Government of Canada</link:label>
          <link:loc xlink:type="locator" xlink:label="loc_cve_FederalGovernmentOfCanadaMember" xlink:href="cve-20241231.xsd#cve_FederalGovernmentOfCanadaMember"/>
          <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_FederalGovernmentOfCanadaMember" xlink:to="lab_cve_FederalGovernmentOfCanadaMember" xlink:type="arc" order="1"/>
          <link:label id="lab_cve_AthabascaChipewyanFirstNationMember_label_en-US" xlink:label="lab_cve_AthabascaChipewyanFirstNationMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Athabasca Chipewyan First Nation [Member]</link:label>
          <link:label id="lab_cve_AthabascaChipewyanFirstNationMember_documentation_en-US" xlink:label="lab_cve_AthabascaChipewyanFirstNationMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Athabasca Chipewyan First Nation</link:label>
          <link:loc xlink:type="locator" xlink:label="loc_cve_AthabascaChipewyanFirstNationMember" xlink:href="cve-20241231.xsd#cve_AthabascaChipewyanFirstNationMember"/>
          <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_AthabascaChipewyanFirstNationMember" xlink:to="lab_cve_AthabascaChipewyanFirstNationMember" xlink:type="arc" order="1"/>
          <link:label id="lab_cve_RuralMunicipalityOfMervinMember_label_en-US" xlink:label="lab_cve_RuralMunicipalityOfMervinMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Rural Municipality of Mervin [Member]</link:label>
          <link:label id="lab_cve_RuralMunicipalityOfMervinMember_documentation_en-US" xlink:label="lab_cve_RuralMunicipalityOfMervinMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Rural Municipality of Mervin</link:label>
          <link:loc xlink:type="locator" xlink:label="loc_cve_RuralMunicipalityOfMervinMember" xlink:href="cve-20241231.xsd#cve_RuralMunicipalityOfMervinMember"/>
          <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_RuralMunicipalityOfMervinMember" xlink:to="lab_cve_RuralMunicipalityOfMervinMember" xlink:type="arc" order="1"/>
          <link:label id="lab_cve_RuralMunicipalityOfTurtleRiverMember_label_en-US" xlink:label="lab_cve_RuralMunicipalityOfTurtleRiverMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Rural Municipality of Turtle River [Member]</link:label>
          <link:label id="lab_cve_RuralMunicipalityOfTurtleRiverMember_documentation_en-US" xlink:label="lab_cve_RuralMunicipalityOfTurtleRiverMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Rural Municipality of Turtle River</link:label>
          <link:loc xlink:type="locator" xlink:label="loc_cve_RuralMunicipalityOfTurtleRiverMember" xlink:href="cve-20241231.xsd#cve_RuralMunicipalityOfTurtleRiverMember"/>
          <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_RuralMunicipalityOfTurtleRiverMember" xlink:to="lab_cve_RuralMunicipalityOfTurtleRiverMember" xlink:type="arc" order="1"/>
          <link:label id="lab_cve_MackenzieCountyMember_label_en-US" xlink:label="lab_cve_MackenzieCountyMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mackenzie County [Member]</link:label>
          <link:label id="lab_cve_MackenzieCountyMember_documentation_en-US" xlink:label="lab_cve_MackenzieCountyMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Mackenzie County</link:label>
          <link:loc xlink:type="locator" xlink:label="loc_cve_MackenzieCountyMember" xlink:href="cve-20241231.xsd#cve_MackenzieCountyMember"/>
          <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_MackenzieCountyMember" xlink:to="lab_cve_MackenzieCountyMember" xlink:type="arc" order="1"/>
          <link:label id="lab_cve_RedDeerCountyMember_label_en-US" xlink:label="lab_cve_RedDeerCountyMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Red Deer County [Member]</link:label>
          <link:label id="lab_cve_RedDeerCountyMember_documentation_en-US" xlink:label="lab_cve_RedDeerCountyMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Red Deer County</link:label>
          <link:loc xlink:type="locator" xlink:label="loc_cve_RedDeerCountyMember" xlink:href="cve-20241231.xsd#cve_RedDeerCountyMember"/>
          <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_RedDeerCountyMember" xlink:to="lab_cve_RedDeerCountyMember" xlink:type="arc" order="1"/>
          <link:label id="lab_cve_LacLaBicheCountyMember_label_en-US" xlink:label="lab_cve_LacLaBicheCountyMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Lac La Biche County [Member]</link:label>
          <link:label id="lab_cve_LacLaBicheCountyMember_documentation_en-US" xlink:label="lab_cve_LacLaBicheCountyMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Lac La Biche County</link:label>
          <link:loc xlink:type="locator" xlink:label="loc_cve_LacLaBicheCountyMember" xlink:href="cve-20241231.xsd#cve_LacLaBicheCountyMember"/>
          <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_LacLaBicheCountyMember" xlink:to="lab_cve_LacLaBicheCountyMember" xlink:type="arc" order="1"/>
          <link:label id="lab_cve_RainbowLakeDevelopmentMember_label_en-US" xlink:label="lab_cve_RainbowLakeDevelopmentMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Rainbow Lake Development [Member]</link:label>
          <link:label id="lab_cve_RainbowLakeDevelopmentMember_documentation_en-US" xlink:label="lab_cve_RainbowLakeDevelopmentMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Rainbow Lake Development</link:label>
          <link:loc xlink:type="locator" xlink:label="loc_cve_RainbowLakeDevelopmentMember" xlink:href="cve-20241231.xsd#cve_RainbowLakeDevelopmentMember"/>
          <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_RainbowLakeDevelopmentMember" xlink:to="lab_cve_RainbowLakeDevelopmentMember" xlink:type="arc" order="1"/>
          <link:label id="lab_cve_ChristinaLakeMember_label_en-US" xlink:label="lab_cve_ChristinaLakeMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Christina Lake [Member]</link:label>
          <link:label id="lab_cve_ChristinaLakeMember_documentation_en-US" xlink:label="lab_cve_ChristinaLakeMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Christina Lake</link:label>
          <link:loc xlink:type="locator" xlink:label="loc_cve_ChristinaLakeMember" xlink:href="cve-20241231.xsd#cve_ChristinaLakeMember"/>
          <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_ChristinaLakeMember" xlink:to="lab_cve_ChristinaLakeMember" xlink:type="arc" order="1"/>
          <link:label id="lab_cve_HeartLakeFirstNationMember_label_en-US" xlink:label="lab_cve_HeartLakeFirstNationMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Heart Lake First Nation [Member]</link:label>
          <link:label id="lab_cve_HeartLakeFirstNationMember_documentation_en-US" xlink:label="lab_cve_HeartLakeFirstNationMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Heart Lake First Nation</link:label>
          <link:loc xlink:type="locator" xlink:label="loc_cve_HeartLakeFirstNationMember" xlink:href="cve-20241231.xsd#cve_HeartLakeFirstNationMember"/>
          <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_HeartLakeFirstNationMember" xlink:to="lab_cve_HeartLakeFirstNationMember" xlink:type="arc" order="1"/>
          <link:label id="lab_cve_ProvinceOfSaskatchewanMember_label_en-US" xlink:label="lab_cve_ProvinceOfSaskatchewanMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Province of Saskatchewan [Member]</link:label>
          <link:label id="lab_cve_ProvinceOfSaskatchewanMember_documentation_en-US" xlink:label="lab_cve_ProvinceOfSaskatchewanMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Province of Saskatchewan</link:label>
          <link:loc xlink:type="locator" xlink:label="loc_cve_ProvinceOfSaskatchewanMember" xlink:href="cve-20241231.xsd#cve_ProvinceOfSaskatchewanMember"/>
          <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_ProvinceOfSaskatchewanMember" xlink:to="lab_cve_ProvinceOfSaskatchewanMember" xlink:type="arc" order="1"/>
          <link:label id="lab_cve_ConventionalHeavyOilMember_label_en-US" xlink:label="lab_cve_ConventionalHeavyOilMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Conventional Heavy Oil [Member]</link:label>
          <link:label id="lab_cve_ConventionalHeavyOilMember_documentation_en-US" xlink:label="lab_cve_ConventionalHeavyOilMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Conventional Heavy Oil</link:label>
          <link:loc xlink:type="locator" xlink:label="loc_cve_ConventionalHeavyOilMember" xlink:href="cve-20241231.xsd#cve_ConventionalHeavyOilMember"/>
          <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_ConventionalHeavyOilMember" xlink:to="lab_cve_ConventionalHeavyOilMember" xlink:type="arc" order="1"/>
          <link:label id="lab_cve_CountyOfGrandePrairieMember_label_en-US" xlink:label="lab_cve_CountyOfGrandePrairieMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">County of Grande Prairie [Member]</link:label>
          <link:label id="lab_cve_CountyOfGrandePrairieMember_documentation_en-US" xlink:label="lab_cve_CountyOfGrandePrairieMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">County of Grande Prairie</link:label>
          <link:loc xlink:type="locator" xlink:label="loc_cve_CountyOfGrandePrairieMember" xlink:href="cve-20241231.xsd#cve_CountyOfGrandePrairieMember"/>
          <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_CountyOfGrandePrairieMember" xlink:to="lab_cve_CountyOfGrandePrairieMember" xlink:type="arc" order="1"/>
          <link:label id="lab_cve_LiwanGasProjectMember_label_en-US" xlink:label="lab_cve_LiwanGasProjectMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liwan Gas Project [Member]</link:label>
          <link:label id="lab_cve_LiwanGasProjectMember_documentation_en-US" xlink:label="lab_cve_LiwanGasProjectMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Liwan Gas Project</link:label>
          <link:loc xlink:type="locator" xlink:label="loc_cve_LiwanGasProjectMember" xlink:href="cve-20241231.xsd#cve_LiwanGasProjectMember"/>
          <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_LiwanGasProjectMember" xlink:to="lab_cve_LiwanGasProjectMember" xlink:type="arc" order="1"/>
          <link:label id="lab_cve_TuckerThermalProjectMember_label_en-US" xlink:label="lab_cve_TuckerThermalProjectMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Tucker Thermal Project [Member]</link:label>
          <link:label id="lab_cve_TuckerThermalProjectMember_documentation_en-US" xlink:label="lab_cve_TuckerThermalProjectMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Tucker Thermal Project</link:label>
          <link:loc xlink:type="locator" xlink:label="loc_cve_TuckerThermalProjectMember" xlink:href="cve-20241231.xsd#cve_TuckerThermalProjectMember"/>
          <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_TuckerThermalProjectMember" xlink:to="lab_cve_TuckerThermalProjectMember" xlink:type="arc" order="1"/>
          <link:label id="lab_cve_FosterCreekMember_label_en-US" xlink:label="lab_cve_FosterCreekMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Foster Creek [Member]</link:label>
          <link:label id="lab_cve_FosterCreekMember_documentation_en-US" xlink:label="lab_cve_FosterCreekMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Foster Creek</link:label>
          <link:loc xlink:type="locator" xlink:label="loc_cve_FosterCreekMember" xlink:href="cve-20241231.xsd#cve_FosterCreekMember"/>
          <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_FosterCreekMember" xlink:to="lab_cve_FosterCreekMember" xlink:type="arc" order="1"/>
          <link:label id="lab_cve_FortChipewyanMetisAssociationMember_label_en-US" xlink:label="lab_cve_FortChipewyanMetisAssociationMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fort Chipewyan Metis Association [Member]</link:label>
          <link:label id="lab_cve_FortChipewyanMetisAssociationMember_documentation_en-US" xlink:label="lab_cve_FortChipewyanMetisAssociationMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Fort Chipewyan Metis Association</link:label>
          <link:loc xlink:type="locator" xlink:label="loc_cve_FortChipewyanMetisAssociationMember" xlink:href="cve-20241231.xsd#cve_FortChipewyanMetisAssociationMember"/>
          <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_FortChipewyanMetisAssociationMember" xlink:to="lab_cve_FortChipewyanMetisAssociationMember" xlink:type="arc" order="1"/>
          <link:label id="lab_cve_FortMcMurrayFirstNationMember_label_en-US" xlink:label="lab_cve_FortMcMurrayFirstNationMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fort McMurray First Nation [Member]</link:label>
          <link:label id="lab_cve_FortMcMurrayFirstNationMember_documentation_en-US" xlink:label="lab_cve_FortMcMurrayFirstNationMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Fort McMurray First Nation</link:label>
          <link:loc xlink:type="locator" xlink:label="loc_cve_FortMcMurrayFirstNationMember" xlink:href="cve-20241231.xsd#cve_FortMcMurrayFirstNationMember"/>
          <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_FortMcMurrayFirstNationMember" xlink:to="lab_cve_FortMcMurrayFirstNationMember" xlink:type="arc" order="1"/>
          <link:label id="lab_cve_Block1533Member_label_en-US" xlink:label="lab_cve_Block1533Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Block 15/33 [Member]</link:label>
          <link:label id="lab_cve_Block1533Member_documentation_en-US" xlink:label="lab_cve_Block1533Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Block 15/33</link:label>
          <link:loc xlink:type="locator" xlink:label="loc_cve_Block1533Member" xlink:href="cve-20241231.xsd#cve_Block1533Member"/>
          <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_Block1533Member" xlink:to="lab_cve_Block1533Member" xlink:type="arc" order="1"/>
          <link:label id="lab_cve_FortMcKayFirstNationMember_label_en-US" xlink:label="lab_cve_FortMcKayFirstNationMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fort McKay First Nation [Member]</link:label>
          <link:label id="lab_cve_FortMcKayFirstNationMember_documentation_en-US" xlink:label="lab_cve_FortMcKayFirstNationMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Fort McKay First Nation</link:label>
          <link:loc xlink:type="locator" xlink:label="loc_cve_FortMcKayFirstNationMember" xlink:href="cve-20241231.xsd#cve_FortMcKayFirstNationMember"/>
          <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_FortMcKayFirstNationMember" xlink:to="lab_cve_FortMcKayFirstNationMember" xlink:type="arc" order="1"/>
          <link:label id="lab_cve_SaulteauxFirstNationMember_label_en-US" xlink:label="lab_cve_SaulteauxFirstNationMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Saulteaux First Nation [Member]</link:label>
          <link:label id="lab_cve_SaulteauxFirstNationMember_documentation_en-US" xlink:label="lab_cve_SaulteauxFirstNationMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Saulteaux First Nation</link:label>
          <link:loc xlink:type="locator" xlink:label="loc_cve_SaulteauxFirstNationMember" xlink:href="cve-20241231.xsd#cve_SaulteauxFirstNationMember"/>
          <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_SaulteauxFirstNationMember" xlink:to="lab_cve_SaulteauxFirstNationMember" xlink:type="arc" order="1"/>
          <link:label id="lab_cve_ChardMetisNationMember_label_en-US" xlink:label="lab_cve_ChardMetisNationMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Chard Metis Nation [Member]</link:label>
          <link:label id="lab_cve_ChardMetisNationMember_documentation_en-US" xlink:label="lab_cve_ChardMetisNationMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Chard Metis Nation</link:label>
          <link:loc xlink:type="locator" xlink:label="loc_cve_ChardMetisNationMember" xlink:href="cve-20241231.xsd#cve_ChardMetisNationMember"/>
          <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_ChardMetisNationMember" xlink:to="lab_cve_ChardMetisNationMember" xlink:type="arc" order="1"/>
          <link:label id="lab_country_CA_label_en-US" xlink:label="lab_country_CA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">CANADA</link:label>
          <link:loc xlink:type="locator" xlink:label="loc_country_CA" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_CA"/>
          <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_CA" xlink:to="lab_country_CA" xlink:type="arc" order="1"/>
          <link:label id="lab_cve_CountyOfStPaulMember_label_en-US" xlink:label="lab_cve_CountyOfStPaulMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">County of St Paul [Member]</link:label>
          <link:label id="lab_cve_CountyOfStPaulMember_documentation_en-US" xlink:label="lab_cve_CountyOfStPaulMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">County of St Paul</link:label>
          <link:loc xlink:type="locator" xlink:label="loc_cve_CountyOfStPaulMember" xlink:href="cve-20241231.xsd#cve_CountyOfStPaulMember"/>
          <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_CountyOfStPaulMember" xlink:to="lab_cve_CountyOfStPaulMember" xlink:type="arc" order="1"/>
          <link:label id="lab_cve_ClearwaterMember_label_en-US" xlink:label="lab_cve_ClearwaterMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Clearwater [Member]</link:label>
          <link:label id="lab_cve_ClearwaterMember_documentation_en-US" xlink:label="lab_cve_ClearwaterMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Clearwater</link:label>
          <link:loc xlink:type="locator" xlink:label="loc_cve_ClearwaterMember" xlink:href="cve-20241231.xsd#cve_ClearwaterMember"/>
          <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_ClearwaterMember" xlink:to="lab_cve_ClearwaterMember" xlink:type="arc" order="1"/>
          <link:label id="lab_cve_RuralMunicipalityOfManitouLakeMember_label_en-US" xlink:label="lab_cve_RuralMunicipalityOfManitouLakeMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Rural Municipality of Manitou Lake [Member]</link:label>
          <link:label id="lab_cve_RuralMunicipalityOfManitouLakeMember_documentation_en-US" xlink:label="lab_cve_RuralMunicipalityOfManitouLakeMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Rural Municipality of Manitou Lake</link:label>
          <link:loc xlink:type="locator" xlink:label="loc_cve_RuralMunicipalityOfManitouLakeMember" xlink:href="cve-20241231.xsd#cve_RuralMunicipalityOfManitouLakeMember"/>
          <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_RuralMunicipalityOfManitouLakeMember" xlink:to="lab_cve_RuralMunicipalityOfManitouLakeMember" xlink:type="arc" order="1"/>
          <link:label id="lab_cve_FlagstaffCountyMember_label_en-US" xlink:label="lab_cve_FlagstaffCountyMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Flagstaff County [Member]</link:label>
          <link:loc xlink:type="locator" xlink:label="loc_cve_FlagstaffCountyMember" xlink:href="cve-20241231.xsd#cve_FlagstaffCountyMember"/>
          <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_FlagstaffCountyMember" xlink:to="lab_cve_FlagstaffCountyMember" xlink:type="arc" order="1"/>
          <link:label id="lab_cve_YellowheadCountyMember_label_en-US" xlink:label="lab_cve_YellowheadCountyMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Yellowhead County [Member]</link:label>
          <link:label id="lab_cve_YellowheadCountyMember_documentation_en-US" xlink:label="lab_cve_YellowheadCountyMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Yellowhead County</link:label>
          <link:loc xlink:type="locator" xlink:label="loc_cve_YellowheadCountyMember" xlink:href="cve-20241231.xsd#cve_YellowheadCountyMember"/>
          <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_YellowheadCountyMember" xlink:to="lab_cve_YellowheadCountyMember" xlink:type="arc" order="1"/>
          <link:label id="lab_cve_RuralMunicipalityOfHillsdaleMember_label_en-US" xlink:label="lab_cve_RuralMunicipalityOfHillsdaleMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Rural Municipality of Hillsdale [Member]</link:label>
          <link:label id="lab_cve_RuralMunicipalityOfHillsdaleMember_documentation_en-US" xlink:label="lab_cve_RuralMunicipalityOfHillsdaleMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Rural Municipality of Hillsdale</link:label>
          <link:loc xlink:type="locator" xlink:label="loc_cve_RuralMunicipalityOfHillsdaleMember" xlink:href="cve-20241231.xsd#cve_RuralMunicipalityOfHillsdaleMember"/>
          <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_RuralMunicipalityOfHillsdaleMember" xlink:to="lab_cve_RuralMunicipalityOfHillsdaleMember" xlink:type="arc" order="1"/>
          <link:label id="lab_cve_MunicipalDistrictOfOpportunityMember_label_en-US" xlink:label="lab_cve_MunicipalDistrictOfOpportunityMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Municipal District of Opportunity [Member]</link:label>
          <link:label id="lab_cve_MunicipalDistrictOfOpportunityMember_documentation_en-US" xlink:label="lab_cve_MunicipalDistrictOfOpportunityMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Municipal District of Opportunity</link:label>
          <link:loc xlink:type="locator" xlink:label="loc_cve_MunicipalDistrictOfOpportunityMember" xlink:href="cve-20241231.xsd#cve_MunicipalDistrictOfOpportunityMember"/>
          <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_MunicipalDistrictOfOpportunityMember" xlink:to="lab_cve_MunicipalDistrictOfOpportunityMember" xlink:type="arc" order="1"/>
          <link:label id="lab_cve_NorthernCorridorMember_label_en-US" xlink:label="lab_cve_NorthernCorridorMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Northern Corridor [Member]</link:label>
          <link:loc xlink:type="locator" xlink:label="loc_cve_NorthernCorridorMember" xlink:href="cve-20241231.xsd#cve_NorthernCorridorMember"/>
          <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_NorthernCorridorMember" xlink:to="lab_cve_NorthernCorridorMember" xlink:type="arc" order="1"/>
          <link:label id="lab_cve_CountyOfWetaskiwinMember_label_en-US" xlink:label="lab_cve_CountyOfWetaskiwinMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">County of Wetaskiwin [Member]</link:label>
          <link:label id="lab_cve_CountyOfWetaskiwinMember_documentation_en-US" xlink:label="lab_cve_CountyOfWetaskiwinMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">County of Wetaskiwin</link:label>
          <link:loc xlink:type="locator" xlink:label="loc_cve_CountyOfWetaskiwinMember" xlink:href="cve-20241231.xsd#cve_CountyOfWetaskiwinMember"/>
          <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_CountyOfWetaskiwinMember" xlink:to="lab_cve_CountyOfWetaskiwinMember" xlink:type="arc" order="1"/>
          <link:label id="lab_cve_ProvinceOfNewfoundlandAndLabradorMember_label_en-US" xlink:label="lab_cve_ProvinceOfNewfoundlandAndLabradorMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Province of Newfoundland and Labrador [Member]</link:label>
          <link:label id="lab_cve_ProvinceOfNewfoundlandAndLabradorMember_documentation_en-US" xlink:label="lab_cve_ProvinceOfNewfoundlandAndLabradorMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Province of Newfoundland and Labrador</link:label>
          <link:loc xlink:type="locator" xlink:label="loc_cve_ProvinceOfNewfoundlandAndLabradorMember" xlink:href="cve-20241231.xsd#cve_ProvinceOfNewfoundlandAndLabradorMember"/>
          <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_ProvinceOfNewfoundlandAndLabradorMember" xlink:to="lab_cve_ProvinceOfNewfoundlandAndLabradorMember" xlink:type="arc" order="1"/>
          <link:label id="lab_cve_PonokaCountyMember_label_en-US" xlink:label="lab_cve_PonokaCountyMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Ponoka County [Member]</link:label>
          <link:loc xlink:type="locator" xlink:label="loc_cve_PonokaCountyMember" xlink:href="cve-20241231.xsd#cve_PonokaCountyMember"/>
          <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_PonokaCountyMember" xlink:to="lab_cve_PonokaCountyMember" xlink:type="arc" order="1"/>
          <link:label id="lab_country_CN_label_en-US" xlink:label="lab_country_CN" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">CHINA</link:label>
          <link:loc xlink:type="locator" xlink:label="loc_country_CN" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_CN"/>
          <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_CN" xlink:to="lab_country_CN" xlink:type="arc" order="1"/>
          <link:label id="lab_cve_SunriseMember_label_en-US" xlink:label="lab_cve_SunriseMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Sunrise [Member]</link:label>
          <link:label id="lab_cve_SunriseMember_documentation_en-US" xlink:label="lab_cve_SunriseMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Sunrise</link:label>
          <link:loc xlink:type="locator" xlink:label="loc_cve_SunriseMember" xlink:href="cve-20241231.xsd#cve_SunriseMember"/>
          <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_SunriseMember" xlink:to="lab_cve_SunriseMember" xlink:type="arc" order="1"/>
          <link:label id="lab_cve_CountyOfVermilionRiverMember_label_en-US" xlink:label="lab_cve_CountyOfVermilionRiverMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">County of Vermilion River [Member]</link:label>
          <link:label id="lab_cve_CountyOfVermilionRiverMember_documentation_en-US" xlink:label="lab_cve_CountyOfVermilionRiverMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">County of Vermilion River</link:label>
          <link:loc xlink:type="locator" xlink:label="loc_cve_CountyOfVermilionRiverMember" xlink:href="cve-20241231.xsd#cve_CountyOfVermilionRiverMember"/>
          <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_CountyOfVermilionRiverMember" xlink:to="lab_cve_CountyOfVermilionRiverMember" xlink:type="arc" order="1"/>
          <link:label id="lab_cve_MunicipalityOfWoodBuffaloMember_label_en-US" xlink:label="lab_cve_MunicipalityOfWoodBuffaloMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Municipality of Wood Buffalo [Member]</link:label>
          <link:label id="lab_cve_MunicipalityOfWoodBuffaloMember_documentation_en-US" xlink:label="lab_cve_MunicipalityOfWoodBuffaloMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Municipality of Wood Buffalo</link:label>
          <link:loc xlink:type="locator" xlink:label="loc_cve_MunicipalityOfWoodBuffaloMember" xlink:href="cve-20241231.xsd#cve_MunicipalityOfWoodBuffaloMember"/>
          <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_MunicipalityOfWoodBuffaloMember" xlink:to="lab_cve_MunicipalityOfWoodBuffaloMember" xlink:type="arc" order="1"/>
          <link:label id="lab_cve_MoosominFirstNationMember_label_en-US" xlink:label="lab_cve_MoosominFirstNationMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Moosomin First Nation [Member]</link:label>
          <link:label id="lab_cve_MoosominFirstNationMember_documentation_en-US" xlink:label="lab_cve_MoosominFirstNationMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Moosomin First Nation</link:label>
          <link:loc xlink:type="locator" xlink:label="loc_cve_MoosominFirstNationMember" xlink:href="cve-20241231.xsd#cve_MoosominFirstNationMember"/>
          <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_MoosominFirstNationMember" xlink:to="lab_cve_MoosominFirstNationMember" xlink:type="arc" order="1"/>
          <link:label id="lab_cve_CountyOfTwoHillsMember_label_en-US" xlink:label="lab_cve_CountyOfTwoHillsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">County of Two Hills [Member]</link:label>
          <link:label id="lab_cve_CountyOfTwoHillsMember_documentation_en-US" xlink:label="lab_cve_CountyOfTwoHillsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">County of Two Hills</link:label>
          <link:loc xlink:type="locator" xlink:label="loc_cve_CountyOfTwoHillsMember" xlink:href="cve-20241231.xsd#cve_CountyOfTwoHillsMember"/>
          <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_CountyOfTwoHillsMember" xlink:to="lab_cve_CountyOfTwoHillsMember" xlink:type="arc" order="1"/>
          <link:label id="lab_cve_LloydminsterThermalProjectsMember_label_en-US" xlink:label="lab_cve_LloydminsterThermalProjectsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Lloydminster Thermal Projects [Member]</link:label>
          <link:label id="lab_cve_LloydminsterThermalProjectsMember_documentation_en-US" xlink:label="lab_cve_LloydminsterThermalProjectsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Lloydminster Thermal Projects</link:label>
          <link:loc xlink:type="locator" xlink:label="loc_cve_LloydminsterThermalProjectsMember" xlink:href="cve-20241231.xsd#cve_LloydminsterThermalProjectsMember"/>
          <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_LloydminsterThermalProjectsMember" xlink:to="lab_cve_LloydminsterThermalProjectsMember" xlink:type="arc" order="1"/>
          <link:label id="lab_cve_CountyOfMinburnMember_label_en-US" xlink:label="lab_cve_CountyOfMinburnMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">County of Minburn [Member]</link:label>
          <link:label id="lab_cve_CountyOfMinburnMember_documentation_en-US" xlink:label="lab_cve_CountyOfMinburnMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">County of Minburn</link:label>
          <link:loc xlink:type="locator" xlink:label="loc_cve_CountyOfMinburnMember" xlink:href="cve-20241231.xsd#cve_CountyOfMinburnMember"/>
          <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_CountyOfMinburnMember" xlink:to="lab_cve_CountyOfMinburnMember" xlink:type="arc" order="1"/>
          <link:label id="lab_cve_PaulFirstNationMember_label_en-US" xlink:label="lab_cve_PaulFirstNationMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Paul First Nation [Member]</link:label>
          <link:loc xlink:type="locator" xlink:label="loc_cve_PaulFirstNationMember" xlink:href="cve-20241231.xsd#cve_PaulFirstNationMember"/>
          <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_PaulFirstNationMember" xlink:to="lab_cve_PaulFirstNationMember" xlink:type="arc" order="1"/>
          <link:label id="lab_cve_RuralMunicipalityOfCambriaMember_label_en-US" xlink:label="lab_cve_RuralMunicipalityOfCambriaMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Rural Municipality of Cambria [Member]</link:label>
          <link:loc xlink:type="locator" xlink:label="loc_cve_RuralMunicipalityOfCambriaMember" xlink:href="cve-20241231.xsd#cve_RuralMunicipalityOfCambriaMember"/>
          <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_RuralMunicipalityOfCambriaMember" xlink:to="lab_cve_RuralMunicipalityOfCambriaMember" xlink:type="arc" order="1"/>
          <link:label id="lab_cve_RuralMunicipalityOfWiltonMember_label_en-US" xlink:label="lab_cve_RuralMunicipalityOfWiltonMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Rural Municipality of Wilton [Member]</link:label>
          <link:label id="lab_cve_RuralMunicipalityOfWiltonMember_documentation_en-US" xlink:label="lab_cve_RuralMunicipalityOfWiltonMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Rural Municipality of Wilton</link:label>
          <link:loc xlink:type="locator" xlink:label="loc_cve_RuralMunicipalityOfWiltonMember" xlink:href="cve-20241231.xsd#cve_RuralMunicipalityOfWiltonMember"/>
          <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_RuralMunicipalityOfWiltonMember" xlink:to="lab_cve_RuralMunicipalityOfWiltonMember" xlink:type="arc" order="1"/>
          <link:label id="lab_cve_ErmineskinCreeNationMember_label_en-US" xlink:label="lab_cve_ErmineskinCreeNationMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Ermineskin Cree Nation [Member]</link:label>
          <link:loc xlink:type="locator" xlink:label="loc_cve_ErmineskinCreeNationMember" xlink:href="cve-20241231.xsd#cve_ErmineskinCreeNationMember"/>
          <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_ErmineskinCreeNationMember" xlink:to="lab_cve_ErmineskinCreeNationMember" xlink:type="arc" order="1"/>
          <link:label id="lab_cve_MunicipalDistrictOfBrazeauMember_label_en-US" xlink:label="lab_cve_MunicipalDistrictOfBrazeauMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Municipal District of Brazeau [Member]</link:label>
          <link:label id="lab_cve_MunicipalDistrictOfBrazeauMember_documentation_en-US" xlink:label="lab_cve_MunicipalDistrictOfBrazeauMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Municipal District of Brazeau</link:label>
          <link:loc xlink:type="locator" xlink:label="loc_cve_MunicipalDistrictOfBrazeauMember" xlink:href="cve-20241231.xsd#cve_MunicipalDistrictOfBrazeauMember"/>
          <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_MunicipalDistrictOfBrazeauMember" xlink:to="lab_cve_MunicipalDistrictOfBrazeauMember" xlink:type="arc" order="1"/>
          <link:label id="lab_cve_ConklinMetisMember_label_en-US" xlink:label="lab_cve_ConklinMetisMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Conklin Metis [Member]</link:label>
          <link:label id="lab_cve_ConklinMetisMember_documentation_en-US" xlink:label="lab_cve_ConklinMetisMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Conklin Metis</link:label>
          <link:loc xlink:type="locator" xlink:label="loc_cve_ConklinMetisMember" xlink:href="cve-20241231.xsd#cve_ConklinMetisMember"/>
          <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_ConklinMetisMember" xlink:to="lab_cve_ConklinMetisMember" xlink:type="arc" order="1"/>
          <link:label id="lab_cve_ChipewyanPrairieFirstNationMember_label_en-US" xlink:label="lab_cve_ChipewyanPrairieFirstNationMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Chipewyan Prairie First Nation [Member]</link:label>
          <link:label id="lab_cve_ChipewyanPrairieFirstNationMember_documentation_en-US" xlink:label="lab_cve_ChipewyanPrairieFirstNationMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Chipewyan Prairie First Nation</link:label>
          <link:loc xlink:type="locator" xlink:label="loc_cve_ChipewyanPrairieFirstNationMember" xlink:href="cve-20241231.xsd#cve_ChipewyanPrairieFirstNationMember"/>
          <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_ChipewyanPrairieFirstNationMember" xlink:to="lab_cve_ChipewyanPrairieFirstNationMember" xlink:type="arc" order="1"/>
          <link:label id="lab_cve_TownOfBonnyvilleMember_label_en-US" xlink:label="lab_cve_TownOfBonnyvilleMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Town of Bonnyville [Member]</link:label>
          <link:label id="lab_cve_TownOfBonnyvilleMember_documentation_en-US" xlink:label="lab_cve_TownOfBonnyvilleMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Town of Bonnyville</link:label>
          <link:loc xlink:type="locator" xlink:label="loc_cve_TownOfBonnyvilleMember" xlink:href="cve-20241231.xsd#cve_TownOfBonnyvilleMember"/>
          <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_TownOfBonnyvilleMember" xlink:to="lab_cve_TownOfBonnyvilleMember" xlink:type="arc" order="1"/>
          <link:label id="lab_cve_FortMcKayMetisNationMember_label_en-US" xlink:label="lab_cve_FortMcKayMetisNationMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fort McKay Metis Nation [Member]</link:label>
          <link:label id="lab_cve_FortMcKayMetisNationMember_documentation_en-US" xlink:label="lab_cve_FortMcKayMetisNationMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Fort McKay Metis Nation</link:label>
          <link:loc xlink:type="locator" xlink:label="loc_cve_FortMcKayMetisNationMember" xlink:href="cve-20241231.xsd#cve_FortMcKayMetisNationMember"/>
          <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_FortMcKayMetisNationMember" xlink:to="lab_cve_FortMcKayMetisNationMember" xlink:type="arc" order="1"/>
          <link:label id="lab_cve_SunchildFirstNationMember_label_en-US" xlink:label="lab_cve_SunchildFirstNationMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Sunchild First Nation [Member]</link:label>
          <link:label id="lab_cve_SunchildFirstNationMember_documentation_en-US" xlink:label="lab_cve_SunchildFirstNationMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Sunchild First Nation</link:label>
          <link:loc xlink:type="locator" xlink:label="loc_cve_SunchildFirstNationMember" xlink:href="cve-20241231.xsd#cve_SunchildFirstNationMember"/>
          <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_SunchildFirstNationMember" xlink:to="lab_cve_SunchildFirstNationMember" xlink:type="arc" order="1"/>
          <link:label id="lab_cve_TerraNovaOilFieldMember_label_en-US" xlink:label="lab_cve_TerraNovaOilFieldMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Terra Nova Oil Field [Member]</link:label>
          <link:label id="lab_cve_TerraNovaOilFieldMember_documentation_en-US" xlink:label="lab_cve_TerraNovaOilFieldMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Terra Nova Oil Field</link:label>
          <link:loc xlink:type="locator" xlink:label="loc_cve_TerraNovaOilFieldMember" xlink:href="cve-20241231.xsd#cve_TerraNovaOilFieldMember"/>
          <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_TerraNovaOilFieldMember" xlink:to="lab_cve_TerraNovaOilFieldMember" xlink:type="arc" order="1"/>
          <link:label id="lab_cve_RuralMunicipalityOfBritanniaMember_label_en-US" xlink:label="lab_cve_RuralMunicipalityOfBritanniaMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Rural Municipality of Britannia [Member]</link:label>
          <link:label id="lab_cve_RuralMunicipalityOfBritanniaMember_documentation_en-US" xlink:label="lab_cve_RuralMunicipalityOfBritanniaMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Rural Municipality of Britannia</link:label>
          <link:loc xlink:type="locator" xlink:label="loc_cve_RuralMunicipalityOfBritanniaMember" xlink:href="cve-20241231.xsd#cve_RuralMunicipalityOfBritanniaMember"/>
          <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_RuralMunicipalityOfBritanniaMember" xlink:to="lab_cve_RuralMunicipalityOfBritanniaMember" xlink:type="arc" order="1"/>
          <link:label id="lab_cve_RuralMunicipalityOfFrenchmanButteMember_label_en-US" xlink:label="lab_cve_RuralMunicipalityOfFrenchmanButteMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Rural Municipality of Frenchman Butte [Member]</link:label>
          <link:label id="lab_cve_RuralMunicipalityOfFrenchmanButteMember_documentation_en-US" xlink:label="lab_cve_RuralMunicipalityOfFrenchmanButteMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Rural Municipality of Frenchman Butte</link:label>
          <link:loc xlink:type="locator" xlink:label="loc_cve_RuralMunicipalityOfFrenchmanButteMember" xlink:href="cve-20241231.xsd#cve_RuralMunicipalityOfFrenchmanButteMember"/>
          <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_RuralMunicipalityOfFrenchmanButteMember" xlink:to="lab_cve_RuralMunicipalityOfFrenchmanButteMember" xlink:type="arc" order="1"/>
          <link:label id="lab_cve_ProvinceOfBritishColumbiaMember_label_en-US" xlink:label="lab_cve_ProvinceOfBritishColumbiaMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Province of British Columbia [Member]</link:label>
          <link:label id="lab_cve_ProvinceOfBritishColumbiaMember_documentation_en-US" xlink:label="lab_cve_ProvinceOfBritishColumbiaMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Province of British Columbia</link:label>
          <link:loc xlink:type="locator" xlink:label="loc_cve_ProvinceOfBritishColumbiaMember" xlink:href="cve-20241231.xsd#cve_ProvinceOfBritishColumbiaMember"/>
          <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_ProvinceOfBritishColumbiaMember" xlink:to="lab_cve_ProvinceOfBritishColumbiaMember" xlink:type="arc" order="1"/>
          <link:label id="lab_cve_OChieseFirstNationMember_label_en-US" xlink:label="lab_cve_OChieseFirstNationMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">O'Chiese First Nation [Member]</link:label>
          <link:loc xlink:type="locator" xlink:label="loc_cve_OChieseFirstNationMember" xlink:href="cve-20241231.xsd#cve_OChieseFirstNationMember"/>
          <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_OChieseFirstNationMember" xlink:to="lab_cve_OChieseFirstNationMember" xlink:type="arc" order="1"/>
          <link:label id="lab_cve_MunicipalDistrictOfGreenviewMember_label_en-US" xlink:label="lab_cve_MunicipalDistrictOfGreenviewMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Municipal District of Greenview [Member]</link:label>
          <link:label id="lab_cve_MunicipalDistrictOfGreenviewMember_documentation_en-US" xlink:label="lab_cve_MunicipalDistrictOfGreenviewMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Municipal District of Greenview</link:label>
          <link:loc xlink:type="locator" xlink:label="loc_cve_MunicipalDistrictOfGreenviewMember" xlink:href="cve-20241231.xsd#cve_MunicipalDistrictOfGreenviewMember"/>
          <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_MunicipalDistrictOfGreenviewMember" xlink:to="lab_cve_MunicipalDistrictOfGreenviewMember" xlink:type="arc" order="1"/>
          <link:label id="lab_cve_WhiteRoseOilFieldMember_label_en-US" xlink:label="lab_cve_WhiteRoseOilFieldMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">White Rose Oil Field [Member]</link:label>
          <link:label id="lab_cve_WhiteRoseOilFieldMember_documentation_en-US" xlink:label="lab_cve_WhiteRoseOilFieldMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">White Rose Oil Field</link:label>
          <link:loc xlink:type="locator" xlink:label="loc_cve_WhiteRoseOilFieldMember" xlink:href="cve-20241231.xsd#cve_WhiteRoseOilFieldMember"/>
          <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_WhiteRoseOilFieldMember" xlink:to="lab_cve_WhiteRoseOilFieldMember" xlink:type="arc" order="1"/>
          <link:label id="lab_cve_ClearwaterCountyMember_label_en-US" xlink:label="lab_cve_ClearwaterCountyMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Clearwater County [Member]</link:label>
          <link:label id="lab_cve_ClearwaterCountyMember_documentation_en-US" xlink:label="lab_cve_ClearwaterCountyMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Clearwater County</link:label>
          <link:loc xlink:type="locator" xlink:label="loc_cve_ClearwaterCountyMember" xlink:href="cve-20241231.xsd#cve_ClearwaterCountyMember"/>
          <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_ClearwaterCountyMember" xlink:to="lab_cve_ClearwaterCountyMember" xlink:type="arc" order="1"/>
          <link:label id="lab_cve_NorthernRockiesRegionalMunicipalityMember_label_en-US" xlink:label="lab_cve_NorthernRockiesRegionalMunicipalityMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Northern Rockies Regional Municipality [Member]</link:label>
          <link:label id="lab_cve_NorthernRockiesRegionalMunicipalityMember_documentation_en-US" xlink:label="lab_cve_NorthernRockiesRegionalMunicipalityMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Northern Rockies Regional Municipality</link:label>
          <link:loc xlink:type="locator" xlink:label="loc_cve_NorthernRockiesRegionalMunicipalityMember" xlink:href="cve-20241231.xsd#cve_NorthernRockiesRegionalMunicipalityMember"/>
          <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_NorthernRockiesRegionalMunicipalityMember" xlink:to="lab_cve_NorthernRockiesRegionalMunicipalityMember" xlink:type="arc" order="1"/>
        </link:labelLink>
      </link:linkbase>
    </xs:appinfo>
  </xs:annotation>
  <xs:element id="cve_ProvinceOfAlbertaMember" abstract="true" name="ProvinceOfAlbertaMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="cve_FederalGovernmentOfCanadaMember" abstract="true" name="FederalGovernmentOfCanadaMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="cve_ProvinceOfSaskatchewanMember" abstract="true" name="ProvinceOfSaskatchewanMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="cve_FederalGovernmentOfChinaMember" abstract="true" name="FederalGovernmentOfChinaMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="cve_MunicipalityOfWoodBuffaloMember" abstract="true" name="MunicipalityOfWoodBuffaloMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="cve_ProvinceOfNewfoundlandAndLabradorMember" abstract="true" name="ProvinceOfNewfoundlandAndLabradorMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="cve_TownOfBonnyvilleMember" abstract="true" name="TownOfBonnyvilleMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="cve_RuralMunicipalityOfFrenchmanButteMember" abstract="true" name="RuralMunicipalityOfFrenchmanButteMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="cve_RuralMunicipalityOfEldonMember" abstract="true" name="RuralMunicipalityOfEldonMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="cve_YellowheadCountyMember" abstract="true" name="YellowheadCountyMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="cve_MunicipalDistrictOfGreenviewMember" abstract="true" name="MunicipalDistrictOfGreenviewMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="cve_CountyOfGrandePrairieMember" abstract="true" name="CountyOfGrandePrairieMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="cve_ChipewyanPrairieFirstNationMember" abstract="true" name="ChipewyanPrairieFirstNationMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="cve_RuralMunicipalityOfTurtleRiverMember" abstract="true" name="RuralMunicipalityOfTurtleRiverMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="cve_RuralMunicipalityOfBritanniaMember" abstract="true" name="RuralMunicipalityOfBritanniaMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="cve_ProvinceOfBritishColumbiaMember" abstract="true" name="ProvinceOfBritishColumbiaMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="cve_CountyOfVermilionRiverMember" abstract="true" name="CountyOfVermilionRiverMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="cve_MackenzieCountyMember" abstract="true" name="MackenzieCountyMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="cve_RuralMunicipalityOfMervinMember" abstract="true" name="RuralMunicipalityOfMervinMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="cve_ColdLakeFirstNationsMember" abstract="true" name="ColdLakeFirstNationsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="cve_ConklinMetisMember" abstract="true" name="ConklinMetisMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="cve_HeartLakeFirstNationMember" abstract="true" name="HeartLakeFirstNationMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="cve_ClearwaterCountyMember" abstract="true" name="ClearwaterCountyMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="cve_RuralMunicipalityOfWiltonMember" abstract="true" name="RuralMunicipalityOfWiltonMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="cve_RuralMunicipalityOfPayntonMember" abstract="true" name="RuralMunicipalityOfPayntonMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="cve_BeaverLakeCreeNationMember" abstract="true" name="BeaverLakeCreeNationMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="cve_AthabascaChipewyanFirstNationMember" abstract="true" name="AthabascaChipewyanFirstNationMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="cve_MunicipalDistrictOfWainwrightMember" abstract="true" name="MunicipalDistrictOfWainwrightMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="cve_ChardMetisNationMember" abstract="true" name="ChardMetisNationMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="cve_MunicipalDistrictOfBrazeauMember" abstract="true" name="MunicipalDistrictOfBrazeauMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="cve_FortMcKayFirstNationMember" abstract="true" name="FortMcKayFirstNationMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="cve_MikisewCreeFirstNationMember" abstract="true" name="MikisewCreeFirstNationMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="cve_MunicipalDistrictOfOpportunityMember" abstract="true" name="MunicipalDistrictOfOpportunityMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="cve_RuralMunicipalityOfManitouLakeMember" abstract="true" name="RuralMunicipalityOfManitouLakeMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="cve_LacLaBicheCountyMember" abstract="true" name="LacLaBicheCountyMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="cve_FortMcMurrayFirstNationMember" abstract="true" name="FortMcMurrayFirstNationMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="cve_RuralMunicipalityOfHillsdaleMember" abstract="true" name="RuralMunicipalityOfHillsdaleMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="cve_RedDeerCountyMember" abstract="true" name="RedDeerCountyMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="cve_RuralMunicipalityOfCambriaMember" abstract="true" name="RuralMunicipalityOfCambriaMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="cve_NorthernRockiesRegionalMunicipalityMember" abstract="true" name="NorthernRockiesRegionalMunicipalityMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="cve_CountyOfWetaskiwinMember" abstract="true" name="CountyOfWetaskiwinMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="cve_FortMcKayMetisNationMember" abstract="true" name="FortMcKayMetisNationMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="cve_LacombeCountyMember" abstract="true" name="LacombeCountyMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="cve_CountyOfTwoHillsMember" abstract="true" name="CountyOfTwoHillsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="cve_PonokaCountyMember" abstract="true" name="PonokaCountyMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="cve_WhitefishLakeFirstNationMember" abstract="true" name="WhitefishLakeFirstNationMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="cve_MoosominFirstNationMember" abstract="true" name="MoosominFirstNationMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="cve_ErmineskinCreeNationMember" abstract="true" name="ErmineskinCreeNationMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="cve_CountyOfStPaulMember" abstract="true" name="CountyOfStPaulMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="cve_SaulteauxFirstNationMember" abstract="true" name="SaulteauxFirstNationMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="cve_FlagstaffCountyMember" abstract="true" name="FlagstaffCountyMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="cve_OChieseFirstNationMember" abstract="true" name="OChieseFirstNationMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="cve_McMurrayMetisLocal1935Member" abstract="true" name="McMurrayMetisLocal1935Member" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="cve_FortChipewyanMetisAssociationMember" abstract="true" name="FortChipewyanMetisAssociationMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="cve_PaulFirstNationMember" abstract="true" name="PaulFirstNationMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="cve_TownOfRainbowLakeMember" abstract="true" name="TownOfRainbowLakeMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="cve_SunchildFirstNationMember" abstract="true" name="SunchildFirstNationMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="cve_WoodlandsCountyMember" abstract="true" name="WoodlandsCountyMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="cve_CountyOfMinburnMember" abstract="true" name="CountyOfMinburnMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="cve_EnochCreekNationMember" abstract="true" name="EnochCreekNationMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="cve_ChristinaLakeMember" abstract="true" name="ChristinaLakeMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="cve_FosterCreekMember" abstract="true" name="FosterCreekMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="cve_CorporateMember" abstract="true" name="CorporateMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="cve_LloydminsterThermalProjectsMember" abstract="true" name="LloydminsterThermalProjectsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="cve_LiwanGasProjectMember" abstract="true" name="LiwanGasProjectMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="cve_SunriseMember" abstract="true" name="SunriseMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="cve_ConventionalHeavyOilMember" abstract="true" name="ConventionalHeavyOilMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="cve_NorthernCorridorMember" abstract="true" name="NorthernCorridorMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="cve_EdsonMember" abstract="true" name="EdsonMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="cve_RainbowLakeDevelopmentMember" abstract="true" name="RainbowLakeDevelopmentMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="cve_WhiteRoseOilFieldMember" abstract="true" name="WhiteRoseOilFieldMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="cve_ClearwaterMember" abstract="true" name="ClearwaterMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="cve_TuckerThermalProjectMember" abstract="true" name="TuckerThermalProjectMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="cve_TerraNovaOilFieldMember" abstract="true" name="TerraNovaOilFieldMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="cve_Block2934Member" abstract="true" name="Block2934Member" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="cve_Block1533Member" abstract="true" name="Block1533Member" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
</xs:schema>
</XBRL>

```

## Exhibit 99.1

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| Extractive Sector Transparency Measures Act - Annual Report | Extractive Sector Transparency Measures Act - Annual Report | Extractive Sector Transparency Measures Act - Annual Report | Extractive Sector Transparency Measures Act - Annual Report | Extractive Sector Transparency Measures Act - Annual Report | Extractive Sector Transparency Measures Act - Annual Report | Extractive Sector Transparency Measures Act - Annual Report |
| **Reporting Entity Name** | Cenovus Energy Inc. | Cenovus Energy Inc. | Cenovus Energy Inc. | Cenovus Energy Inc. | Cenovus Energy Inc. | Cenovus Energy Inc. |
| **Reporting Year** | **From:** | 2024-01-01 | **To:** | 2024-12-31 | **Date Submitted** | 2025-05-30 |
| **Reporting Entity ESTMA Identification Number** | E695282 | **Original Submission** |  |  |  |  |
| **Other Subsidiaries Included** <br>(optional field) |  |  |  |  |  |  |
| **For Consolidated Reports - Subsidiary Reporting Entities Included in Report:** | E543177 FCCL Partnership, E422918 Cenovus TL ULC, E540914 Telephone Lake Partnership, E435615 Cenovus Clearwater Partnership, E859468 Cenovus Elmworth Partnership, E724323 Cenovus Wapiti Partnership, E461880 Cenovus Kaybob Partnership, E722884 Cenovus Edson Partnership, E303227 Marten Hills Partnership, E984040 Cenovus Marten Hills ULC, E483488 Husky Oil Limited Partnership, E206499 Husky Energy International Sulphur Corporation, E602104 Husky Energy International, E908878 Husky Oil China Branch of HEIC, E945280 Husky Oil Sands Partnership, E653397 Sunrise Oil Sands Partnership, E747799 Husky Atlantic Partnership, E580100 HOI Resources (2019) ULC, E202648 Husky Offshore 1% Partner ULC, E549730 Gear Energy Ltd. | E543177 FCCL Partnership, E422918 Cenovus TL ULC, E540914 Telephone Lake Partnership, E435615 Cenovus Clearwater Partnership, E859468 Cenovus Elmworth Partnership, E724323 Cenovus Wapiti Partnership, E461880 Cenovus Kaybob Partnership, E722884 Cenovus Edson Partnership, E303227 Marten Hills Partnership, E984040 Cenovus Marten Hills ULC, E483488 Husky Oil Limited Partnership, E206499 Husky Energy International Sulphur Corporation, E602104 Husky Energy International, E908878 Husky Oil China Branch of HEIC, E945280 Husky Oil Sands Partnership, E653397 Sunrise Oil Sands Partnership, E747799 Husky Atlantic Partnership, E580100 HOI Resources (2019) ULC, E202648 Husky Offshore 1% Partner ULC, E549730 Gear Energy Ltd. | E543177 FCCL Partnership, E422918 Cenovus TL ULC, E540914 Telephone Lake Partnership, E435615 Cenovus Clearwater Partnership, E859468 Cenovus Elmworth Partnership, E724323 Cenovus Wapiti Partnership, E461880 Cenovus Kaybob Partnership, E722884 Cenovus Edson Partnership, E303227 Marten Hills Partnership, E984040 Cenovus Marten Hills ULC, E483488 Husky Oil Limited Partnership, E206499 Husky Energy International Sulphur Corporation, E602104 Husky Energy International, E908878 Husky Oil China Branch of HEIC, E945280 Husky Oil Sands Partnership, E653397 Sunrise Oil Sands Partnership, E747799 Husky Atlantic Partnership, E580100 HOI Resources (2019) ULC, E202648 Husky Offshore 1% Partner ULC, E549730 Gear Energy Ltd. | E543177 FCCL Partnership, E422918 Cenovus TL ULC, E540914 Telephone Lake Partnership, E435615 Cenovus Clearwater Partnership, E859468 Cenovus Elmworth Partnership, E724323 Cenovus Wapiti Partnership, E461880 Cenovus Kaybob Partnership, E722884 Cenovus Edson Partnership, E303227 Marten Hills Partnership, E984040 Cenovus Marten Hills ULC, E483488 Husky Oil Limited Partnership, E206499 Husky Energy International Sulphur Corporation, E602104 Husky Energy International, E908878 Husky Oil China Branch of HEIC, E945280 Husky Oil Sands Partnership, E653397 Sunrise Oil Sands Partnership, E747799 Husky Atlantic Partnership, E580100 HOI Resources (2019) ULC, E202648 Husky Offshore 1% Partner ULC, E549730 Gear Energy Ltd. | E543177 FCCL Partnership, E422918 Cenovus TL ULC, E540914 Telephone Lake Partnership, E435615 Cenovus Clearwater Partnership, E859468 Cenovus Elmworth Partnership, E724323 Cenovus Wapiti Partnership, E461880 Cenovus Kaybob Partnership, E722884 Cenovus Edson Partnership, E303227 Marten Hills Partnership, E984040 Cenovus Marten Hills ULC, E483488 Husky Oil Limited Partnership, E206499 Husky Energy International Sulphur Corporation, E602104 Husky Energy International, E908878 Husky Oil China Branch of HEIC, E945280 Husky Oil Sands Partnership, E653397 Sunrise Oil Sands Partnership, E747799 Husky Atlantic Partnership, E580100 HOI Resources (2019) ULC, E202648 Husky Offshore 1% Partner ULC, E549730 Gear Energy Ltd. | E543177 FCCL Partnership, E422918 Cenovus TL ULC, E540914 Telephone Lake Partnership, E435615 Cenovus Clearwater Partnership, E859468 Cenovus Elmworth Partnership, E724323 Cenovus Wapiti Partnership, E461880 Cenovus Kaybob Partnership, E722884 Cenovus Edson Partnership, E303227 Marten Hills Partnership, E984040 Cenovus Marten Hills ULC, E483488 Husky Oil Limited Partnership, E206499 Husky Energy International Sulphur Corporation, E602104 Husky Energy International, E908878 Husky Oil China Branch of HEIC, E945280 Husky Oil Sands Partnership, E653397 Sunrise Oil Sands Partnership, E747799 Husky Atlantic Partnership, E580100 HOI Resources (2019) ULC, E202648 Husky Offshore 1% Partner ULC, E549730 Gear Energy Ltd. |
| **Not Substituted** |  |  |  |  |  |  |
| **Attestation by Reporting Entity** |  |  |  |  |  |  |
| *In accordance with the requirements of the ESTMA, and in particular section 9 thereof, I attest I have reviewed the information contained in the ESTMA report for the entity(ies) listed above. Based on my knowledge, and having exercised reasonable diligence, the information in the ESTMA report is true, accurate and complete in all material respects for the purposes of the Act, for the reporting year listed above.* | *In accordance with the requirements of the ESTMA, and in particular section 9 thereof, I attest I have reviewed the information contained in the ESTMA report for the entity(ies) listed above. Based on my knowledge, and having exercised reasonable diligence, the information in the ESTMA report is true, accurate and complete in all material respects for the purposes of the Act, for the reporting year listed above.* | *In accordance with the requirements of the ESTMA, and in particular section 9 thereof, I attest I have reviewed the information contained in the ESTMA report for the entity(ies) listed above. Based on my knowledge, and having exercised reasonable diligence, the information in the ESTMA report is true, accurate and complete in all material respects for the purposes of the Act, for the reporting year listed above.* | *In accordance with the requirements of the ESTMA, and in particular section 9 thereof, I attest I have reviewed the information contained in the ESTMA report for the entity(ies) listed above. Based on my knowledge, and having exercised reasonable diligence, the information in the ESTMA report is true, accurate and complete in all material respects for the purposes of the Act, for the reporting year listed above.* | *In accordance with the requirements of the ESTMA, and in particular section 9 thereof, I attest I have reviewed the information contained in the ESTMA report for the entity(ies) listed above. Based on my knowledge, and having exercised reasonable diligence, the information in the ESTMA report is true, accurate and complete in all material respects for the purposes of the Act, for the reporting year listed above.* | *In accordance with the requirements of the ESTMA, and in particular section 9 thereof, I attest I have reviewed the information contained in the ESTMA report for the entity(ies) listed above. Based on my knowledge, and having exercised reasonable diligence, the information in the ESTMA report is true, accurate and complete in all material respects for the purposes of the Act, for the reporting year listed above.* | *In accordance with the requirements of the ESTMA, and in particular section 9 thereof, I attest I have reviewed the information contained in the ESTMA report for the entity(ies) listed above. Based on my knowledge, and having exercised reasonable diligence, the information in the ESTMA report is true, accurate and complete in all material respects for the purposes of the Act, for the reporting year listed above.* |
| *In accordance with the requirements of the ESTMA, and in particular section 9 thereof, I attest I have reviewed the information contained in the ESTMA report for the entity(ies) listed above. Based on my knowledge, and having exercised reasonable diligence, the information in the ESTMA report is true, accurate and complete in all material respects for the purposes of the Act, for the reporting year listed above.* | *In accordance with the requirements of the ESTMA, and in particular section 9 thereof, I attest I have reviewed the information contained in the ESTMA report for the entity(ies) listed above. Based on my knowledge, and having exercised reasonable diligence, the information in the ESTMA report is true, accurate and complete in all material respects for the purposes of the Act, for the reporting year listed above.* | *In accordance with the requirements of the ESTMA, and in particular section 9 thereof, I attest I have reviewed the information contained in the ESTMA report for the entity(ies) listed above. Based on my knowledge, and having exercised reasonable diligence, the information in the ESTMA report is true, accurate and complete in all material respects for the purposes of the Act, for the reporting year listed above.* | *In accordance with the requirements of the ESTMA, and in particular section 9 thereof, I attest I have reviewed the information contained in the ESTMA report for the entity(ies) listed above. Based on my knowledge, and having exercised reasonable diligence, the information in the ESTMA report is true, accurate and complete in all material respects for the purposes of the Act, for the reporting year listed above.* | *In accordance with the requirements of the ESTMA, and in particular section 9 thereof, I attest I have reviewed the information contained in the ESTMA report for the entity(ies) listed above. Based on my knowledge, and having exercised reasonable diligence, the information in the ESTMA report is true, accurate and complete in all material respects for the purposes of the Act, for the reporting year listed above.* | *In accordance with the requirements of the ESTMA, and in particular section 9 thereof, I attest I have reviewed the information contained in the ESTMA report for the entity(ies) listed above. Based on my knowledge, and having exercised reasonable diligence, the information in the ESTMA report is true, accurate and complete in all material respects for the purposes of the Act, for the reporting year listed above.* | *In accordance with the requirements of the ESTMA, and in particular section 9 thereof, I attest I have reviewed the information contained in the ESTMA report for the entity(ies) listed above. Based on my knowledge, and having exercised reasonable diligence, the information in the ESTMA report is true, accurate and complete in all material respects for the purposes of the Act, for the reporting year listed above.* |
| *In accordance with the requirements of the ESTMA, and in particular section 9 thereof, I attest I have reviewed the information contained in the ESTMA report for the entity(ies) listed above. Based on my knowledge, and having exercised reasonable diligence, the information in the ESTMA report is true, accurate and complete in all material respects for the purposes of the Act, for the reporting year listed above.* | *In accordance with the requirements of the ESTMA, and in particular section 9 thereof, I attest I have reviewed the information contained in the ESTMA report for the entity(ies) listed above. Based on my knowledge, and having exercised reasonable diligence, the information in the ESTMA report is true, accurate and complete in all material respects for the purposes of the Act, for the reporting year listed above.* | *In accordance with the requirements of the ESTMA, and in particular section 9 thereof, I attest I have reviewed the information contained in the ESTMA report for the entity(ies) listed above. Based on my knowledge, and having exercised reasonable diligence, the information in the ESTMA report is true, accurate and complete in all material respects for the purposes of the Act, for the reporting year listed above.* | *In accordance with the requirements of the ESTMA, and in particular section 9 thereof, I attest I have reviewed the information contained in the ESTMA report for the entity(ies) listed above. Based on my knowledge, and having exercised reasonable diligence, the information in the ESTMA report is true, accurate and complete in all material respects for the purposes of the Act, for the reporting year listed above.* | *In accordance with the requirements of the ESTMA, and in particular section 9 thereof, I attest I have reviewed the information contained in the ESTMA report for the entity(ies) listed above. Based on my knowledge, and having exercised reasonable diligence, the information in the ESTMA report is true, accurate and complete in all material respects for the purposes of the Act, for the reporting year listed above.* | *In accordance with the requirements of the ESTMA, and in particular section 9 thereof, I attest I have reviewed the information contained in the ESTMA report for the entity(ies) listed above. Based on my knowledge, and having exercised reasonable diligence, the information in the ESTMA report is true, accurate and complete in all material respects for the purposes of the Act, for the reporting year listed above.* | *In accordance with the requirements of the ESTMA, and in particular section 9 thereof, I attest I have reviewed the information contained in the ESTMA report for the entity(ies) listed above. Based on my knowledge, and having exercised reasonable diligence, the information in the ESTMA report is true, accurate and complete in all material respects for the purposes of the Act, for the reporting year listed above.* |
| **Full Name of Director or Officer of Reporting Entity** | **Kam Sandhar** |  | **Date** | *2025-05-23* |  |  |
| **Position Title** | **EVP & CFO** |  | **Date** | *2025-05-23* |  |  |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Extractive Sector Transparency Measures Act - Annual Report | Extractive Sector Transparency Measures Act - Annual Report | Extractive Sector Transparency Measures Act - Annual Report | Extractive Sector Transparency Measures Act - Annual Report | Extractive Sector Transparency Measures Act - Annual Report | Extractive Sector Transparency Measures Act - Annual Report | Extractive Sector Transparency Measures Act - Annual Report | Extractive Sector Transparency Measures Act - Annual Report | Extractive Sector Transparency Measures Act - Annual Report | Extractive Sector Transparency Measures Act - Annual Report | Extractive Sector Transparency Measures Act - Annual Report | Extractive Sector Transparency Measures Act - Annual Report |
| **Reporting Year** | **From:** | 2024-01-01 | **To:** | 2024-12-31 |  |  |  |  |  |  |  |
| **Reporting Entity Name** | **Reporting Entity Name** | Cenovus Energy Inc |  |  |  | **Currency of the Report** | **Currency of the Report** | CAD |  |  |  |
| **Reporting Entity ESTMA Identification Number** | **Reporting Entity ESTMA Identification Number** | E695282 |  |  |  |  |  |  |  |  |  |
| **Subsidiary Reporting Entities (if necessary)** | **Subsidiary Reporting Entities (if necessary)** | E543177 FCCL Partnership, E422918 Cenovus TL ULC, E540914 Telephone Lake Partnership, E435615 Cenovus Clearwater Partnership, E859468 Cenovus Elmworth Partnership, E724323 Cenovus Wapiti Partnership, E461880 Cenovus Kaybob Partnership, E722884 Cenovus Edson Partnership, E303227 Marten Hills Partnership, E984040 Cenovus Marten Hills ULC, E483488 Husky Oil Limited Partnership, E206499 Husky Energy International Sulphur Corporation, E602104 Husky Energy International, E908878 Husky Oil China Branch of HEIC, E945280 Husky Oil Sands Partnership, E653397 Sunrise Oil Sands Partnership, E747799 Husky Atlantic Partnership, E580100 HOI Resources (2019) ULC, E202648 Husky Offshore 1% Partner ULC, E549730 Gear Energy Ltd. | E543177 FCCL Partnership, E422918 Cenovus TL ULC, E540914 Telephone Lake Partnership, E435615 Cenovus Clearwater Partnership, E859468 Cenovus Elmworth Partnership, E724323 Cenovus Wapiti Partnership, E461880 Cenovus Kaybob Partnership, E722884 Cenovus Edson Partnership, E303227 Marten Hills Partnership, E984040 Cenovus Marten Hills ULC, E483488 Husky Oil Limited Partnership, E206499 Husky Energy International Sulphur Corporation, E602104 Husky Energy International, E908878 Husky Oil China Branch of HEIC, E945280 Husky Oil Sands Partnership, E653397 Sunrise Oil Sands Partnership, E747799 Husky Atlantic Partnership, E580100 HOI Resources (2019) ULC, E202648 Husky Offshore 1% Partner ULC, E549730 Gear Energy Ltd. | E543177 FCCL Partnership, E422918 Cenovus TL ULC, E540914 Telephone Lake Partnership, E435615 Cenovus Clearwater Partnership, E859468 Cenovus Elmworth Partnership, E724323 Cenovus Wapiti Partnership, E461880 Cenovus Kaybob Partnership, E722884 Cenovus Edson Partnership, E303227 Marten Hills Partnership, E984040 Cenovus Marten Hills ULC, E483488 Husky Oil Limited Partnership, E206499 Husky Energy International Sulphur Corporation, E602104 Husky Energy International, E908878 Husky Oil China Branch of HEIC, E945280 Husky Oil Sands Partnership, E653397 Sunrise Oil Sands Partnership, E747799 Husky Atlantic Partnership, E580100 HOI Resources (2019) ULC, E202648 Husky Offshore 1% Partner ULC, E549730 Gear Energy Ltd. | E543177 FCCL Partnership, E422918 Cenovus TL ULC, E540914 Telephone Lake Partnership, E435615 Cenovus Clearwater Partnership, E859468 Cenovus Elmworth Partnership, E724323 Cenovus Wapiti Partnership, E461880 Cenovus Kaybob Partnership, E722884 Cenovus Edson Partnership, E303227 Marten Hills Partnership, E984040 Cenovus Marten Hills ULC, E483488 Husky Oil Limited Partnership, E206499 Husky Energy International Sulphur Corporation, E602104 Husky Energy International, E908878 Husky Oil China Branch of HEIC, E945280 Husky Oil Sands Partnership, E653397 Sunrise Oil Sands Partnership, E747799 Husky Atlantic Partnership, E580100 HOI Resources (2019) ULC, E202648 Husky Offshore 1% Partner ULC, E549730 Gear Energy Ltd. | E543177 FCCL Partnership, E422918 Cenovus TL ULC, E540914 Telephone Lake Partnership, E435615 Cenovus Clearwater Partnership, E859468 Cenovus Elmworth Partnership, E724323 Cenovus Wapiti Partnership, E461880 Cenovus Kaybob Partnership, E722884 Cenovus Edson Partnership, E303227 Marten Hills Partnership, E984040 Cenovus Marten Hills ULC, E483488 Husky Oil Limited Partnership, E206499 Husky Energy International Sulphur Corporation, E602104 Husky Energy International, E908878 Husky Oil China Branch of HEIC, E945280 Husky Oil Sands Partnership, E653397 Sunrise Oil Sands Partnership, E747799 Husky Atlantic Partnership, E580100 HOI Resources (2019) ULC, E202648 Husky Offshore 1% Partner ULC, E549730 Gear Energy Ltd. | E543177 FCCL Partnership, E422918 Cenovus TL ULC, E540914 Telephone Lake Partnership, E435615 Cenovus Clearwater Partnership, E859468 Cenovus Elmworth Partnership, E724323 Cenovus Wapiti Partnership, E461880 Cenovus Kaybob Partnership, E722884 Cenovus Edson Partnership, E303227 Marten Hills Partnership, E984040 Cenovus Marten Hills ULC, E483488 Husky Oil Limited Partnership, E206499 Husky Energy International Sulphur Corporation, E602104 Husky Energy International, E908878 Husky Oil China Branch of HEIC, E945280 Husky Oil Sands Partnership, E653397 Sunrise Oil Sands Partnership, E747799 Husky Atlantic Partnership, E580100 HOI Resources (2019) ULC, E202648 Husky Offshore 1% Partner ULC, E549730 Gear Energy Ltd. | E543177 FCCL Partnership, E422918 Cenovus TL ULC, E540914 Telephone Lake Partnership, E435615 Cenovus Clearwater Partnership, E859468 Cenovus Elmworth Partnership, E724323 Cenovus Wapiti Partnership, E461880 Cenovus Kaybob Partnership, E722884 Cenovus Edson Partnership, E303227 Marten Hills Partnership, E984040 Cenovus Marten Hills ULC, E483488 Husky Oil Limited Partnership, E206499 Husky Energy International Sulphur Corporation, E602104 Husky Energy International, E908878 Husky Oil China Branch of HEIC, E945280 Husky Oil Sands Partnership, E653397 Sunrise Oil Sands Partnership, E747799 Husky Atlantic Partnership, E580100 HOI Resources (2019) ULC, E202648 Husky Offshore 1% Partner ULC, E549730 Gear Energy Ltd. | E543177 FCCL Partnership, E422918 Cenovus TL ULC, E540914 Telephone Lake Partnership, E435615 Cenovus Clearwater Partnership, E859468 Cenovus Elmworth Partnership, E724323 Cenovus Wapiti Partnership, E461880 Cenovus Kaybob Partnership, E722884 Cenovus Edson Partnership, E303227 Marten Hills Partnership, E984040 Cenovus Marten Hills ULC, E483488 Husky Oil Limited Partnership, E206499 Husky Energy International Sulphur Corporation, E602104 Husky Energy International, E908878 Husky Oil China Branch of HEIC, E945280 Husky Oil Sands Partnership, E653397 Sunrise Oil Sands Partnership, E747799 Husky Atlantic Partnership, E580100 HOI Resources (2019) ULC, E202648 Husky Offshore 1% Partner ULC, E549730 Gear Energy Ltd. | E543177 FCCL Partnership, E422918 Cenovus TL ULC, E540914 Telephone Lake Partnership, E435615 Cenovus Clearwater Partnership, E859468 Cenovus Elmworth Partnership, E724323 Cenovus Wapiti Partnership, E461880 Cenovus Kaybob Partnership, E722884 Cenovus Edson Partnership, E303227 Marten Hills Partnership, E984040 Cenovus Marten Hills ULC, E483488 Husky Oil Limited Partnership, E206499 Husky Energy International Sulphur Corporation, E602104 Husky Energy International, E908878 Husky Oil China Branch of HEIC, E945280 Husky Oil Sands Partnership, E653397 Sunrise Oil Sands Partnership, E747799 Husky Atlantic Partnership, E580100 HOI Resources (2019) ULC, E202648 Husky Offshore 1% Partner ULC, E549730 Gear Energy Ltd. | E543177 FCCL Partnership, E422918 Cenovus TL ULC, E540914 Telephone Lake Partnership, E435615 Cenovus Clearwater Partnership, E859468 Cenovus Elmworth Partnership, E724323 Cenovus Wapiti Partnership, E461880 Cenovus Kaybob Partnership, E722884 Cenovus Edson Partnership, E303227 Marten Hills Partnership, E984040 Cenovus Marten Hills ULC, E483488 Husky Oil Limited Partnership, E206499 Husky Energy International Sulphur Corporation, E602104 Husky Energy International, E908878 Husky Oil China Branch of HEIC, E945280 Husky Oil Sands Partnership, E653397 Sunrise Oil Sands Partnership, E747799 Husky Atlantic Partnership, E580100 HOI Resources (2019) ULC, E202648 Husky Offshore 1% Partner ULC, E549730 Gear Energy Ltd. |
| **Payments by Payee** | **Payments by Payee** | **Payments by Payee** | **Payments by Payee** | **Payments by Payee** | **Payments by Payee** | **Payments by Payee** | **Payments by Payee** | **Payments by Payee** | **Payments by Payee** | **Payments by Payee** | **Payments by Payee** |
| Country | Payee Name<sup>1</sup> | Departments, Agency, etc… within Payee that Received Payments<sup>2</sup> | Taxes | Royalties | Fees | Production Entitlements | Bonuses | Dividends | Infrastructure Improvement Payments | Total Amount paid to Payee | Notes<sup>34</sup> |
| Canada | The Province of Alberta |  | 144830000 | 3009670000 | 37720000 |  | 910000 |  |  | 3193130000 | Amounts reported include payments to the following departments, agencies, etc:<br>- Alberta Boilers Safety Association<br>- Alberta Energy Regulator<br>- Alberta Environment & Parks<br>- Government of Alberta<br>- Alberta Special Areas Board<br>- Alberta Transportation<br>- Alberta Minister of Finance<br>- Kananaskis Improvement District<br>- Alberta Petroleum Marketing Commission<br>- Safety Codes Council |
| Canada | Federal Government of Canada |  | 440890000 | 3300000 | 1330000 |  |  |  |  | 445520000 | Amounts reported include payments to the following departments, agencies, etc: <br>- Receiver General for Canada<br>- Farm Credit Canada<br>- Natural Resources Canada<br>- Canadian Nuclear Safety Commission<br>- Environment and Climate Change Canada |
| Canada | The Province of Saskatchewan |  | 52280000 | 305860000 | 3830000 |  |  |  |  | 361970000 | Amounts reported include payments to the following departments, agencies, etc:<br>- Saskatchewan Ministry of Energy & Resources<br>- Saskatchewan Finance Revenue Division<br>- Saskatchewan Ministry of Economy<br>- Saskatchewan Minister of Finance<br>- Technical Safety Authority of Saskatchewan<br>- Government of Saskatchewan<br>- Saskatchewan Ministry of Agriculture<br>- Saskatchewan Municipal Board |
| China | Federal Government of China |  | 226960000 | 97190000 | 410000 |  | 350000 |  |  | 324910000 | Amounts reported include payments to the following departments, agencies, etc:<br>- CNOOC China Ltd. <br>- CNOOC Shenzhen Ltd.<br>- CNOOC<br>- Shenzhen Offshore Tax Bureau<br>- Zhanjiang Offshore Oil Tax Bureau<br>- Zhuhai Municiple Tax Bureau<br>Note 3 |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Extractive Sector Transparency Measures Act - Annual Report | Extractive Sector Transparency Measures Act - Annual Report | Extractive Sector Transparency Measures Act - Annual Report | Extractive Sector Transparency Measures Act - Annual Report | Extractive Sector Transparency Measures Act - Annual Report | Extractive Sector Transparency Measures Act - Annual Report | Extractive Sector Transparency Measures Act - Annual Report | Extractive Sector Transparency Measures Act - Annual Report | Extractive Sector Transparency Measures Act - Annual Report | Extractive Sector Transparency Measures Act - Annual Report | Extractive Sector Transparency Measures Act - Annual Report | Extractive Sector Transparency Measures Act - Annual Report |
| **Reporting Year** | **From:** | 2024-01-01 | **To:** | 2024-12-31 |  |  |  |  |  |  |  |
| **Reporting Entity Name** | **Reporting Entity Name** | Cenovus Energy Inc |  |  |  | **Currency of the Report** | **Currency of the Report** | CAD |  |  |  |
| **Reporting Entity ESTMA Identification Number** | **Reporting Entity ESTMA Identification Number** | E695282 |  |  |  |  |  |  |  |  |  |
| **Subsidiary Reporting Entities (if necessary)** | **Subsidiary Reporting Entities (if necessary)** | E543177 FCCL Partnership, E422918 Cenovus TL ULC, E540914 Telephone Lake Partnership, E435615 Cenovus Clearwater Partnership, E859468 Cenovus Elmworth Partnership, E724323 Cenovus Wapiti Partnership, E461880 Cenovus Kaybob Partnership, E722884 Cenovus Edson Partnership, E303227 Marten Hills Partnership, E984040 Cenovus Marten Hills ULC, E483488 Husky Oil Limited Partnership, E206499 Husky Energy International Sulphur Corporation, E602104 Husky Energy International, E908878 Husky Oil China Branch of HEIC, E945280 Husky Oil Sands Partnership, E653397 Sunrise Oil Sands Partnership, E747799 Husky Atlantic Partnership, E580100 HOI Resources (2019) ULC, E202648 Husky Offshore 1% Partner ULC, E549730 Gear Energy Ltd. | E543177 FCCL Partnership, E422918 Cenovus TL ULC, E540914 Telephone Lake Partnership, E435615 Cenovus Clearwater Partnership, E859468 Cenovus Elmworth Partnership, E724323 Cenovus Wapiti Partnership, E461880 Cenovus Kaybob Partnership, E722884 Cenovus Edson Partnership, E303227 Marten Hills Partnership, E984040 Cenovus Marten Hills ULC, E483488 Husky Oil Limited Partnership, E206499 Husky Energy International Sulphur Corporation, E602104 Husky Energy International, E908878 Husky Oil China Branch of HEIC, E945280 Husky Oil Sands Partnership, E653397 Sunrise Oil Sands Partnership, E747799 Husky Atlantic Partnership, E580100 HOI Resources (2019) ULC, E202648 Husky Offshore 1% Partner ULC, E549730 Gear Energy Ltd. | E543177 FCCL Partnership, E422918 Cenovus TL ULC, E540914 Telephone Lake Partnership, E435615 Cenovus Clearwater Partnership, E859468 Cenovus Elmworth Partnership, E724323 Cenovus Wapiti Partnership, E461880 Cenovus Kaybob Partnership, E722884 Cenovus Edson Partnership, E303227 Marten Hills Partnership, E984040 Cenovus Marten Hills ULC, E483488 Husky Oil Limited Partnership, E206499 Husky Energy International Sulphur Corporation, E602104 Husky Energy International, E908878 Husky Oil China Branch of HEIC, E945280 Husky Oil Sands Partnership, E653397 Sunrise Oil Sands Partnership, E747799 Husky Atlantic Partnership, E580100 HOI Resources (2019) ULC, E202648 Husky Offshore 1% Partner ULC, E549730 Gear Energy Ltd. | E543177 FCCL Partnership, E422918 Cenovus TL ULC, E540914 Telephone Lake Partnership, E435615 Cenovus Clearwater Partnership, E859468 Cenovus Elmworth Partnership, E724323 Cenovus Wapiti Partnership, E461880 Cenovus Kaybob Partnership, E722884 Cenovus Edson Partnership, E303227 Marten Hills Partnership, E984040 Cenovus Marten Hills ULC, E483488 Husky Oil Limited Partnership, E206499 Husky Energy International Sulphur Corporation, E602104 Husky Energy International, E908878 Husky Oil China Branch of HEIC, E945280 Husky Oil Sands Partnership, E653397 Sunrise Oil Sands Partnership, E747799 Husky Atlantic Partnership, E580100 HOI Resources (2019) ULC, E202648 Husky Offshore 1% Partner ULC, E549730 Gear Energy Ltd. | E543177 FCCL Partnership, E422918 Cenovus TL ULC, E540914 Telephone Lake Partnership, E435615 Cenovus Clearwater Partnership, E859468 Cenovus Elmworth Partnership, E724323 Cenovus Wapiti Partnership, E461880 Cenovus Kaybob Partnership, E722884 Cenovus Edson Partnership, E303227 Marten Hills Partnership, E984040 Cenovus Marten Hills ULC, E483488 Husky Oil Limited Partnership, E206499 Husky Energy International Sulphur Corporation, E602104 Husky Energy International, E908878 Husky Oil China Branch of HEIC, E945280 Husky Oil Sands Partnership, E653397 Sunrise Oil Sands Partnership, E747799 Husky Atlantic Partnership, E580100 HOI Resources (2019) ULC, E202648 Husky Offshore 1% Partner ULC, E549730 Gear Energy Ltd. | E543177 FCCL Partnership, E422918 Cenovus TL ULC, E540914 Telephone Lake Partnership, E435615 Cenovus Clearwater Partnership, E859468 Cenovus Elmworth Partnership, E724323 Cenovus Wapiti Partnership, E461880 Cenovus Kaybob Partnership, E722884 Cenovus Edson Partnership, E303227 Marten Hills Partnership, E984040 Cenovus Marten Hills ULC, E483488 Husky Oil Limited Partnership, E206499 Husky Energy International Sulphur Corporation, E602104 Husky Energy International, E908878 Husky Oil China Branch of HEIC, E945280 Husky Oil Sands Partnership, E653397 Sunrise Oil Sands Partnership, E747799 Husky Atlantic Partnership, E580100 HOI Resources (2019) ULC, E202648 Husky Offshore 1% Partner ULC, E549730 Gear Energy Ltd. | E543177 FCCL Partnership, E422918 Cenovus TL ULC, E540914 Telephone Lake Partnership, E435615 Cenovus Clearwater Partnership, E859468 Cenovus Elmworth Partnership, E724323 Cenovus Wapiti Partnership, E461880 Cenovus Kaybob Partnership, E722884 Cenovus Edson Partnership, E303227 Marten Hills Partnership, E984040 Cenovus Marten Hills ULC, E483488 Husky Oil Limited Partnership, E206499 Husky Energy International Sulphur Corporation, E602104 Husky Energy International, E908878 Husky Oil China Branch of HEIC, E945280 Husky Oil Sands Partnership, E653397 Sunrise Oil Sands Partnership, E747799 Husky Atlantic Partnership, E580100 HOI Resources (2019) ULC, E202648 Husky Offshore 1% Partner ULC, E549730 Gear Energy Ltd. | E543177 FCCL Partnership, E422918 Cenovus TL ULC, E540914 Telephone Lake Partnership, E435615 Cenovus Clearwater Partnership, E859468 Cenovus Elmworth Partnership, E724323 Cenovus Wapiti Partnership, E461880 Cenovus Kaybob Partnership, E722884 Cenovus Edson Partnership, E303227 Marten Hills Partnership, E984040 Cenovus Marten Hills ULC, E483488 Husky Oil Limited Partnership, E206499 Husky Energy International Sulphur Corporation, E602104 Husky Energy International, E908878 Husky Oil China Branch of HEIC, E945280 Husky Oil Sands Partnership, E653397 Sunrise Oil Sands Partnership, E747799 Husky Atlantic Partnership, E580100 HOI Resources (2019) ULC, E202648 Husky Offshore 1% Partner ULC, E549730 Gear Energy Ltd. | E543177 FCCL Partnership, E422918 Cenovus TL ULC, E540914 Telephone Lake Partnership, E435615 Cenovus Clearwater Partnership, E859468 Cenovus Elmworth Partnership, E724323 Cenovus Wapiti Partnership, E461880 Cenovus Kaybob Partnership, E722884 Cenovus Edson Partnership, E303227 Marten Hills Partnership, E984040 Cenovus Marten Hills ULC, E483488 Husky Oil Limited Partnership, E206499 Husky Energy International Sulphur Corporation, E602104 Husky Energy International, E908878 Husky Oil China Branch of HEIC, E945280 Husky Oil Sands Partnership, E653397 Sunrise Oil Sands Partnership, E747799 Husky Atlantic Partnership, E580100 HOI Resources (2019) ULC, E202648 Husky Offshore 1% Partner ULC, E549730 Gear Energy Ltd. | E543177 FCCL Partnership, E422918 Cenovus TL ULC, E540914 Telephone Lake Partnership, E435615 Cenovus Clearwater Partnership, E859468 Cenovus Elmworth Partnership, E724323 Cenovus Wapiti Partnership, E461880 Cenovus Kaybob Partnership, E722884 Cenovus Edson Partnership, E303227 Marten Hills Partnership, E984040 Cenovus Marten Hills ULC, E483488 Husky Oil Limited Partnership, E206499 Husky Energy International Sulphur Corporation, E602104 Husky Energy International, E908878 Husky Oil China Branch of HEIC, E945280 Husky Oil Sands Partnership, E653397 Sunrise Oil Sands Partnership, E747799 Husky Atlantic Partnership, E580100 HOI Resources (2019) ULC, E202648 Husky Offshore 1% Partner ULC, E549730 Gear Energy Ltd. |
| **Payments by Payee** | **Payments by Payee** | **Payments by Payee** | **Payments by Payee** | **Payments by Payee** | **Payments by Payee** | **Payments by Payee** | **Payments by Payee** | **Payments by Payee** | **Payments by Payee** | **Payments by Payee** | **Payments by Payee** |
| Country | Payee Name<sup>1</sup> | Departments, Agency, etc… within Payee that Received Payments<sup>2</sup> | Taxes | Royalties | Fees | Production Entitlements | Bonuses | Dividends | Infrastructure Improvement Payments | Total Amount paid to Payee | Notes<sup>34</sup> |
| Canada | Municipality of Wood Buffalo |  | 27680000 |  |  |  |  |  |  | 27680000 |  |
| Canada | The Province of Newfoundland and Labrador |  |  |  | 18750000 |  |  |  |  | 18750000 | Amounts reported include payments to the following departments, agencies, etc:<br>- Newfoundland Exchequer Account<br>- Government of Newfoundland and Labrador<br>- Clerk of the Provincial Court |
| Canada | Town of Bonnyville |  | 18610000 |  |  |  |  |  |  | 18610000 |  |
| Canada | Rural Municipality of Frenchman Butte |  | 7810000 |  |  |  |  |  |  | 7810000 |  |
| Canada | Rural Municipality of Eldon |  | 6240000 |  | 440000 |  |  |  |  | 6680000 |  |
| Canada | Yellowhead County |  | 6630000 |  |  |  |  |  |  | 6630000 |  |
| Canada | Municipal District of Greenview |  | 6370000 |  |  |  |  |  |  | 6370000 |  |
| Canada | County of Grande Prairie |  | 6310000 |  | 40000 |  |  |  |  | 6350000 |  |
| Canada | Chipewyan Prairie First Nation |  |  |  | 490000 |  | 3000000 |  | 2400000 | 5890000 | Amounts reported include payments to the following departments, agencies, etc:<br>- Chipewyan Prairie First Nation<br>- Chipewyan Prairie Industry Relations  |
| Canada | Rural Municipality Of Turtle River |  | 5620000 |  | 20000 |  |  |  |  | 5640000 |  |
| Canada | Rural Municipality Of Britannia |  | 4960000 |  | 100000 |  |  |  |  | 5060000 |  |
| Canada | The Province of British Columbia |  | 1750000 | 2030000 | 510000 |  |  |  |  | 4290000 | Amounts reported include payments to the following departments, agencies, etc:<br>- BC Energy Regulator<br>- BC Minister of Finance<br>- BC Ministry of Energy, Mines and Low Carbon Innovation<br>- BC Ministry of Forests<br>- BC Safety Authority |
| Canada | County of Vermilion River |  | 4240000 |  |  |  |  |  |  | 4240000 |  |
| Canada | Mackenzie County |  | 3760000 |  |  |  |  |  |  | 3760000 |  |
| Canada | Rural Municipality of Mervin |  | 3440000 |  | 10000 |  |  |  |  | 3450000 |  |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Extractive Sector Transparency Measures Act - Annual Report | Extractive Sector Transparency Measures Act - Annual Report | Extractive Sector Transparency Measures Act - Annual Report | Extractive Sector Transparency Measures Act - Annual Report | Extractive Sector Transparency Measures Act - Annual Report | Extractive Sector Transparency Measures Act - Annual Report | Extractive Sector Transparency Measures Act - Annual Report | Extractive Sector Transparency Measures Act - Annual Report | Extractive Sector Transparency Measures Act - Annual Report | Extractive Sector Transparency Measures Act - Annual Report | Extractive Sector Transparency Measures Act - Annual Report | Extractive Sector Transparency Measures Act - Annual Report |
| **Reporting Year** | **From:** | 2024-01-01 | **To:** | 2024-12-31 |  |  |  |  |  |  |  |
| **Reporting Entity Name** | **Reporting Entity Name** | Cenovus Energy Inc |  |  |  | **Currency of the Report** | **Currency of the Report** | CAD |  |  |  |
| **Reporting Entity ESTMA Identification Number** | **Reporting Entity ESTMA Identification Number** | E695282 |  |  |  |  |  |  |  |  |  |
| **Subsidiary Reporting Entities (if necessary)** | **Subsidiary Reporting Entities (if necessary)** | E543177 FCCL Partnership, E422918 Cenovus TL ULC, E540914 Telephone Lake Partnership, E435615 Cenovus Clearwater Partnership, E859468 Cenovus Elmworth Partnership, E724323 Cenovus Wapiti Partnership, E461880 Cenovus Kaybob Partnership, E722884 Cenovus Edson Partnership, E303227 Marten Hills Partnership, E984040 Cenovus Marten Hills ULC, E483488 Husky Oil Limited Partnership, E206499 Husky Energy International Sulphur Corporation, E602104 Husky Energy International, E908878 Husky Oil China Branch of HEIC, E945280 Husky Oil Sands Partnership, E653397 Sunrise Oil Sands Partnership, E747799 Husky Atlantic Partnership, E580100 HOI Resources (2019) ULC, E202648 Husky Offshore 1% Partner ULC, E549730 Gear Energy Ltd. | E543177 FCCL Partnership, E422918 Cenovus TL ULC, E540914 Telephone Lake Partnership, E435615 Cenovus Clearwater Partnership, E859468 Cenovus Elmworth Partnership, E724323 Cenovus Wapiti Partnership, E461880 Cenovus Kaybob Partnership, E722884 Cenovus Edson Partnership, E303227 Marten Hills Partnership, E984040 Cenovus Marten Hills ULC, E483488 Husky Oil Limited Partnership, E206499 Husky Energy International Sulphur Corporation, E602104 Husky Energy International, E908878 Husky Oil China Branch of HEIC, E945280 Husky Oil Sands Partnership, E653397 Sunrise Oil Sands Partnership, E747799 Husky Atlantic Partnership, E580100 HOI Resources (2019) ULC, E202648 Husky Offshore 1% Partner ULC, E549730 Gear Energy Ltd. | E543177 FCCL Partnership, E422918 Cenovus TL ULC, E540914 Telephone Lake Partnership, E435615 Cenovus Clearwater Partnership, E859468 Cenovus Elmworth Partnership, E724323 Cenovus Wapiti Partnership, E461880 Cenovus Kaybob Partnership, E722884 Cenovus Edson Partnership, E303227 Marten Hills Partnership, E984040 Cenovus Marten Hills ULC, E483488 Husky Oil Limited Partnership, E206499 Husky Energy International Sulphur Corporation, E602104 Husky Energy International, E908878 Husky Oil China Branch of HEIC, E945280 Husky Oil Sands Partnership, E653397 Sunrise Oil Sands Partnership, E747799 Husky Atlantic Partnership, E580100 HOI Resources (2019) ULC, E202648 Husky Offshore 1% Partner ULC, E549730 Gear Energy Ltd. | E543177 FCCL Partnership, E422918 Cenovus TL ULC, E540914 Telephone Lake Partnership, E435615 Cenovus Clearwater Partnership, E859468 Cenovus Elmworth Partnership, E724323 Cenovus Wapiti Partnership, E461880 Cenovus Kaybob Partnership, E722884 Cenovus Edson Partnership, E303227 Marten Hills Partnership, E984040 Cenovus Marten Hills ULC, E483488 Husky Oil Limited Partnership, E206499 Husky Energy International Sulphur Corporation, E602104 Husky Energy International, E908878 Husky Oil China Branch of HEIC, E945280 Husky Oil Sands Partnership, E653397 Sunrise Oil Sands Partnership, E747799 Husky Atlantic Partnership, E580100 HOI Resources (2019) ULC, E202648 Husky Offshore 1% Partner ULC, E549730 Gear Energy Ltd. | E543177 FCCL Partnership, E422918 Cenovus TL ULC, E540914 Telephone Lake Partnership, E435615 Cenovus Clearwater Partnership, E859468 Cenovus Elmworth Partnership, E724323 Cenovus Wapiti Partnership, E461880 Cenovus Kaybob Partnership, E722884 Cenovus Edson Partnership, E303227 Marten Hills Partnership, E984040 Cenovus Marten Hills ULC, E483488 Husky Oil Limited Partnership, E206499 Husky Energy International Sulphur Corporation, E602104 Husky Energy International, E908878 Husky Oil China Branch of HEIC, E945280 Husky Oil Sands Partnership, E653397 Sunrise Oil Sands Partnership, E747799 Husky Atlantic Partnership, E580100 HOI Resources (2019) ULC, E202648 Husky Offshore 1% Partner ULC, E549730 Gear Energy Ltd. | E543177 FCCL Partnership, E422918 Cenovus TL ULC, E540914 Telephone Lake Partnership, E435615 Cenovus Clearwater Partnership, E859468 Cenovus Elmworth Partnership, E724323 Cenovus Wapiti Partnership, E461880 Cenovus Kaybob Partnership, E722884 Cenovus Edson Partnership, E303227 Marten Hills Partnership, E984040 Cenovus Marten Hills ULC, E483488 Husky Oil Limited Partnership, E206499 Husky Energy International Sulphur Corporation, E602104 Husky Energy International, E908878 Husky Oil China Branch of HEIC, E945280 Husky Oil Sands Partnership, E653397 Sunrise Oil Sands Partnership, E747799 Husky Atlantic Partnership, E580100 HOI Resources (2019) ULC, E202648 Husky Offshore 1% Partner ULC, E549730 Gear Energy Ltd. | E543177 FCCL Partnership, E422918 Cenovus TL ULC, E540914 Telephone Lake Partnership, E435615 Cenovus Clearwater Partnership, E859468 Cenovus Elmworth Partnership, E724323 Cenovus Wapiti Partnership, E461880 Cenovus Kaybob Partnership, E722884 Cenovus Edson Partnership, E303227 Marten Hills Partnership, E984040 Cenovus Marten Hills ULC, E483488 Husky Oil Limited Partnership, E206499 Husky Energy International Sulphur Corporation, E602104 Husky Energy International, E908878 Husky Oil China Branch of HEIC, E945280 Husky Oil Sands Partnership, E653397 Sunrise Oil Sands Partnership, E747799 Husky Atlantic Partnership, E580100 HOI Resources (2019) ULC, E202648 Husky Offshore 1% Partner ULC, E549730 Gear Energy Ltd. | E543177 FCCL Partnership, E422918 Cenovus TL ULC, E540914 Telephone Lake Partnership, E435615 Cenovus Clearwater Partnership, E859468 Cenovus Elmworth Partnership, E724323 Cenovus Wapiti Partnership, E461880 Cenovus Kaybob Partnership, E722884 Cenovus Edson Partnership, E303227 Marten Hills Partnership, E984040 Cenovus Marten Hills ULC, E483488 Husky Oil Limited Partnership, E206499 Husky Energy International Sulphur Corporation, E602104 Husky Energy International, E908878 Husky Oil China Branch of HEIC, E945280 Husky Oil Sands Partnership, E653397 Sunrise Oil Sands Partnership, E747799 Husky Atlantic Partnership, E580100 HOI Resources (2019) ULC, E202648 Husky Offshore 1% Partner ULC, E549730 Gear Energy Ltd. | E543177 FCCL Partnership, E422918 Cenovus TL ULC, E540914 Telephone Lake Partnership, E435615 Cenovus Clearwater Partnership, E859468 Cenovus Elmworth Partnership, E724323 Cenovus Wapiti Partnership, E461880 Cenovus Kaybob Partnership, E722884 Cenovus Edson Partnership, E303227 Marten Hills Partnership, E984040 Cenovus Marten Hills ULC, E483488 Husky Oil Limited Partnership, E206499 Husky Energy International Sulphur Corporation, E602104 Husky Energy International, E908878 Husky Oil China Branch of HEIC, E945280 Husky Oil Sands Partnership, E653397 Sunrise Oil Sands Partnership, E747799 Husky Atlantic Partnership, E580100 HOI Resources (2019) ULC, E202648 Husky Offshore 1% Partner ULC, E549730 Gear Energy Ltd. | E543177 FCCL Partnership, E422918 Cenovus TL ULC, E540914 Telephone Lake Partnership, E435615 Cenovus Clearwater Partnership, E859468 Cenovus Elmworth Partnership, E724323 Cenovus Wapiti Partnership, E461880 Cenovus Kaybob Partnership, E722884 Cenovus Edson Partnership, E303227 Marten Hills Partnership, E984040 Cenovus Marten Hills ULC, E483488 Husky Oil Limited Partnership, E206499 Husky Energy International Sulphur Corporation, E602104 Husky Energy International, E908878 Husky Oil China Branch of HEIC, E945280 Husky Oil Sands Partnership, E653397 Sunrise Oil Sands Partnership, E747799 Husky Atlantic Partnership, E580100 HOI Resources (2019) ULC, E202648 Husky Offshore 1% Partner ULC, E549730 Gear Energy Ltd. |
| **Payments by Payee** | **Payments by Payee** | **Payments by Payee** | **Payments by Payee** | **Payments by Payee** | **Payments by Payee** | **Payments by Payee** | **Payments by Payee** | **Payments by Payee** | **Payments by Payee** | **Payments by Payee** | **Payments by Payee** |
| Country | Payee Name<sup>1</sup> | Departments, Agency, etc… within Payee that Received Payments<sup>2</sup> | Taxes | Royalties | Fees | Production Entitlements | Bonuses | Dividends | Infrastructure Improvement Payments | Total Amount paid to Payee | Notes<sup>34</sup> |
| Canada | Cold Lake First Nations |  |  |  | 370000 |  | 630000 |  | 2400000 | 3400000 |  |
| Canada | Conklin Metis |  |  |  | 180000 |  | 750000 |  | 2400000 | 3330000 | Amounts reported include payments to the following departments, agencies, etc:<br>- Conklin Resource Development<br>- Conklin Community Trust |
| Canada | Heart Lake First Nation |  |  |  | 80000 |  | 600000 |  | 2650000 | 3330000 |  |
| Canada | Clearwater County |  | 2590000 |  |  |  |  |  |  | 2590000 |  |
| Canada | Rural Municipality of Wilton |  | 1900000 |  | 20000 |  |  |  |  | 1920000 |  |
| Canada | Rural Municipality of Paynton |  | 1790000 |  | 20000 |  |  |  |  | 1810000 |  |
| Canada | Beaver Lake Cree Nation |  |  |  | 80000 |  | 300000 |  | 1200000 | 1580000 | Amounts reported include payments to the following departments, agencies, etc:<br>- Beaver Lake Cree Nation<br>- Peace Hills Trust Company |
| Canada | Athabasca Chipewyan First Nation |  |  |  | 1130000 |  | 260000 |  |  | 1390000 | Amounts reported include payments to the following departments, agencies, etc:<br>- Athabasca Chipewyan First Nation<br>- ACFN Dene Lands & Resource Management |
| Canada | Municipal District of Wainwright |  | 1290000 |  | 10000 |  |  |  |  | 1300000 |  |
| Canada | Chard Metis Nation |  |  |  | 80000 |  |  |  | 1200000 | 1280000 |  |
| Canada | Municipal District of Brazeau |  | 1250000 |  |  |  |  |  |  | 1250000 |  |
| Canada | Fort McKay First Nation |  |  |  | 340000 |  | 630000 |  |  | 970000 |  |
| Canada | Mikisew Cree First Nation |  |  |  | 720000 |  | 250000 |  |  | 970000 | Amounts reported include payments to the following departments, agencies, etc:<br>- Mikisew Cree First Nation<br>- Deloitte Wealth Management Services |
| Canada | Municipal District of Opportunity |  | 630000 |  | 20000 |  |  |  |  | 650000 |  |
| Canada | Rural Municipality of Manitou Lake |  | 610000 |  |  |  |  |  |  | 610000 |  |
| Canada | Lac La Biche County |  | 600000 |  |  |  |  |  |  | 600000 |  |

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| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Extractive Sector Transparency Measures Act - Annual Report | Extractive Sector Transparency Measures Act - Annual Report | Extractive Sector Transparency Measures Act - Annual Report | Extractive Sector Transparency Measures Act - Annual Report | Extractive Sector Transparency Measures Act - Annual Report | Extractive Sector Transparency Measures Act - Annual Report | Extractive Sector Transparency Measures Act - Annual Report | Extractive Sector Transparency Measures Act - Annual Report | Extractive Sector Transparency Measures Act - Annual Report | Extractive Sector Transparency Measures Act - Annual Report | Extractive Sector Transparency Measures Act - Annual Report | Extractive Sector Transparency Measures Act - Annual Report |
| **Reporting Year** | **From:** | 2024-01-01 | **To:** | 2024-12-31 |  |  |  |  |  |  |  |
| **Reporting Entity Name** | **Reporting Entity Name** | Cenovus Energy Inc |  |  |  | **Currency of the Report** | **Currency of the Report** | CAD |  |  |  |
| **Reporting Entity ESTMA Identification Number** | **Reporting Entity ESTMA Identification Number** | E695282 |  |  |  |  |  |  |  |  |  |
| **Subsidiary Reporting Entities (if necessary)** | **Subsidiary Reporting Entities (if necessary)** | E543177 FCCL Partnership, E422918 Cenovus TL ULC, E540914 Telephone Lake Partnership, E435615 Cenovus Clearwater Partnership, E859468 Cenovus Elmworth Partnership, E724323 Cenovus Wapiti Partnership, E461880 Cenovus Kaybob Partnership, E722884 Cenovus Edson Partnership, E303227 Marten Hills Partnership, E984040 Cenovus Marten Hills ULC, E483488 Husky Oil Limited Partnership, E206499 Husky Energy International Sulphur Corporation, E602104 Husky Energy International, E908878 Husky Oil China Branch of HEIC, E945280 Husky Oil Sands Partnership, E653397 Sunrise Oil Sands Partnership, E747799 Husky Atlantic Partnership, E580100 HOI Resources (2019) ULC, E202648 Husky Offshore 1% Partner ULC, E549730 Gear Energy Ltd. | E543177 FCCL Partnership, E422918 Cenovus TL ULC, E540914 Telephone Lake Partnership, E435615 Cenovus Clearwater Partnership, E859468 Cenovus Elmworth Partnership, E724323 Cenovus Wapiti Partnership, E461880 Cenovus Kaybob Partnership, E722884 Cenovus Edson Partnership, E303227 Marten Hills Partnership, E984040 Cenovus Marten Hills ULC, E483488 Husky Oil Limited Partnership, E206499 Husky Energy International Sulphur Corporation, E602104 Husky Energy International, E908878 Husky Oil China Branch of HEIC, E945280 Husky Oil Sands Partnership, E653397 Sunrise Oil Sands Partnership, E747799 Husky Atlantic Partnership, E580100 HOI Resources (2019) ULC, E202648 Husky Offshore 1% Partner ULC, E549730 Gear Energy Ltd. | E543177 FCCL Partnership, E422918 Cenovus TL ULC, E540914 Telephone Lake Partnership, E435615 Cenovus Clearwater Partnership, E859468 Cenovus Elmworth Partnership, E724323 Cenovus Wapiti Partnership, E461880 Cenovus Kaybob Partnership, E722884 Cenovus Edson Partnership, E303227 Marten Hills Partnership, E984040 Cenovus Marten Hills ULC, E483488 Husky Oil Limited Partnership, E206499 Husky Energy International Sulphur Corporation, E602104 Husky Energy International, E908878 Husky Oil China Branch of HEIC, E945280 Husky Oil Sands Partnership, E653397 Sunrise Oil Sands Partnership, E747799 Husky Atlantic Partnership, E580100 HOI Resources (2019) ULC, E202648 Husky Offshore 1% Partner ULC, E549730 Gear Energy Ltd. | E543177 FCCL Partnership, E422918 Cenovus TL ULC, E540914 Telephone Lake Partnership, E435615 Cenovus Clearwater Partnership, E859468 Cenovus Elmworth Partnership, E724323 Cenovus Wapiti Partnership, E461880 Cenovus Kaybob Partnership, E722884 Cenovus Edson Partnership, E303227 Marten Hills Partnership, E984040 Cenovus Marten Hills ULC, E483488 Husky Oil Limited Partnership, E206499 Husky Energy International Sulphur Corporation, E602104 Husky Energy International, E908878 Husky Oil China Branch of HEIC, E945280 Husky Oil Sands Partnership, E653397 Sunrise Oil Sands Partnership, E747799 Husky Atlantic Partnership, E580100 HOI Resources (2019) ULC, E202648 Husky Offshore 1% Partner ULC, E549730 Gear Energy Ltd. | E543177 FCCL Partnership, E422918 Cenovus TL ULC, E540914 Telephone Lake Partnership, E435615 Cenovus Clearwater Partnership, E859468 Cenovus Elmworth Partnership, E724323 Cenovus Wapiti Partnership, E461880 Cenovus Kaybob Partnership, E722884 Cenovus Edson Partnership, E303227 Marten Hills Partnership, E984040 Cenovus Marten Hills ULC, E483488 Husky Oil Limited Partnership, E206499 Husky Energy International Sulphur Corporation, E602104 Husky Energy International, E908878 Husky Oil China Branch of HEIC, E945280 Husky Oil Sands Partnership, E653397 Sunrise Oil Sands Partnership, E747799 Husky Atlantic Partnership, E580100 HOI Resources (2019) ULC, E202648 Husky Offshore 1% Partner ULC, E549730 Gear Energy Ltd. | E543177 FCCL Partnership, E422918 Cenovus TL ULC, E540914 Telephone Lake Partnership, E435615 Cenovus Clearwater Partnership, E859468 Cenovus Elmworth Partnership, E724323 Cenovus Wapiti Partnership, E461880 Cenovus Kaybob Partnership, E722884 Cenovus Edson Partnership, E303227 Marten Hills Partnership, E984040 Cenovus Marten Hills ULC, E483488 Husky Oil Limited Partnership, E206499 Husky Energy International Sulphur Corporation, E602104 Husky Energy International, E908878 Husky Oil China Branch of HEIC, E945280 Husky Oil Sands Partnership, E653397 Sunrise Oil Sands Partnership, E747799 Husky Atlantic Partnership, E580100 HOI Resources (2019) ULC, E202648 Husky Offshore 1% Partner ULC, E549730 Gear Energy Ltd. | E543177 FCCL Partnership, E422918 Cenovus TL ULC, E540914 Telephone Lake Partnership, E435615 Cenovus Clearwater Partnership, E859468 Cenovus Elmworth Partnership, E724323 Cenovus Wapiti Partnership, E461880 Cenovus Kaybob Partnership, E722884 Cenovus Edson Partnership, E303227 Marten Hills Partnership, E984040 Cenovus Marten Hills ULC, E483488 Husky Oil Limited Partnership, E206499 Husky Energy International Sulphur Corporation, E602104 Husky Energy International, E908878 Husky Oil China Branch of HEIC, E945280 Husky Oil Sands Partnership, E653397 Sunrise Oil Sands Partnership, E747799 Husky Atlantic Partnership, E580100 HOI Resources (2019) ULC, E202648 Husky Offshore 1% Partner ULC, E549730 Gear Energy Ltd. | E543177 FCCL Partnership, E422918 Cenovus TL ULC, E540914 Telephone Lake Partnership, E435615 Cenovus Clearwater Partnership, E859468 Cenovus Elmworth Partnership, E724323 Cenovus Wapiti Partnership, E461880 Cenovus Kaybob Partnership, E722884 Cenovus Edson Partnership, E303227 Marten Hills Partnership, E984040 Cenovus Marten Hills ULC, E483488 Husky Oil Limited Partnership, E206499 Husky Energy International Sulphur Corporation, E602104 Husky Energy International, E908878 Husky Oil China Branch of HEIC, E945280 Husky Oil Sands Partnership, E653397 Sunrise Oil Sands Partnership, E747799 Husky Atlantic Partnership, E580100 HOI Resources (2019) ULC, E202648 Husky Offshore 1% Partner ULC, E549730 Gear Energy Ltd. | E543177 FCCL Partnership, E422918 Cenovus TL ULC, E540914 Telephone Lake Partnership, E435615 Cenovus Clearwater Partnership, E859468 Cenovus Elmworth Partnership, E724323 Cenovus Wapiti Partnership, E461880 Cenovus Kaybob Partnership, E722884 Cenovus Edson Partnership, E303227 Marten Hills Partnership, E984040 Cenovus Marten Hills ULC, E483488 Husky Oil Limited Partnership, E206499 Husky Energy International Sulphur Corporation, E602104 Husky Energy International, E908878 Husky Oil China Branch of HEIC, E945280 Husky Oil Sands Partnership, E653397 Sunrise Oil Sands Partnership, E747799 Husky Atlantic Partnership, E580100 HOI Resources (2019) ULC, E202648 Husky Offshore 1% Partner ULC, E549730 Gear Energy Ltd. | E543177 FCCL Partnership, E422918 Cenovus TL ULC, E540914 Telephone Lake Partnership, E435615 Cenovus Clearwater Partnership, E859468 Cenovus Elmworth Partnership, E724323 Cenovus Wapiti Partnership, E461880 Cenovus Kaybob Partnership, E722884 Cenovus Edson Partnership, E303227 Marten Hills Partnership, E984040 Cenovus Marten Hills ULC, E483488 Husky Oil Limited Partnership, E206499 Husky Energy International Sulphur Corporation, E602104 Husky Energy International, E908878 Husky Oil China Branch of HEIC, E945280 Husky Oil Sands Partnership, E653397 Sunrise Oil Sands Partnership, E747799 Husky Atlantic Partnership, E580100 HOI Resources (2019) ULC, E202648 Husky Offshore 1% Partner ULC, E549730 Gear Energy Ltd. |
| **Payments by Payee** | **Payments by Payee** | **Payments by Payee** | **Payments by Payee** | **Payments by Payee** | **Payments by Payee** | **Payments by Payee** | **Payments by Payee** | **Payments by Payee** | **Payments by Payee** | **Payments by Payee** | **Payments by Payee** |
| Country | Payee Name<sup>1</sup> | Departments, Agency, etc… within Payee that Received Payments<sup>2</sup> | Taxes | Royalties | Fees | Production Entitlements | Bonuses | Dividends | Infrastructure Improvement Payments | Total Amount paid to Payee | Notes<sup>34</sup> |
| Canada | Fort McMurray First Nation |  |  |  | 280000 |  | 250000 |  |  | 530000 |  |
| Canada | Rural Municipality of Hillsdale |  | 480000 |  |  |  |  |  |  | 480000 |  |
| Canada | Red Deer County |  | 480000 |  |  |  |  |  |  | 480000 |  |
| Canada | Rural Municipality of Cambria |  | 450000 |  |  |  |  |  |  | 450000 |  |
| Canada | Northern Rockies Regional Municipality |  | 430000 |  |  |  |  |  |  | 430000 |  |
| Canada | County of Wetaskiwin |  | 420000 |  |  |  |  |  |  | 420000 |  |
| Canada | Fort McKay Metis Nation |  |  |  | 160000 |  | 210000 |  |  | 370000 |  |
| Canada | Lacombe County |  | 350000 |  |  |  |  |  |  | 350000 |  |
| Canada | County of Two Hills |  | 300000 |  |  |  |  |  |  | 300000 |  |
| Canada | Ponoka County |  | 290000 |  |  |  |  |  |  | 290000 |  |
| Canada | Whitefish Lake First Nation |  |  |  |  |  | 100000 |  | 150000 | 250000 |  |
| Canada | Moosomin First Nation |  |  |  |  |  | 200000 |  | 50000 | 250000 |  |
| Canada | Ermineskin Cree Nation |  |  |  | 130000 |  | 100000 |  |  | 230000 |  |
| Canada | County of St Paul |  | 220000 |  |  |  |  |  |  | 220000 |  |
| Canada | Saulteaux First Nation |  |  |  |  |  | 200000 |  |  | 200000 |  |
| Canada | Flagstaff County |  | 200000 |  |  |  |  |  |  | 200000 |  |
| Canada | O'Chiese First Nation |  | 20000 |  | 170000 |  |  |  |  | 190000 |  |
| Canada | McMurray Metis Local 1935 |  |  |  | 60000 |  | 120000 |  |  | 180000 |  |
| Canada | Fort Chipewyan Metis Association |  |  |  | 90000 |  | 90000 |  |  | 180000 |  |
| Canada | Paul First Nation |  |  |  | 180000 |  |  |  |  | 180000 |  |
| Canada | Town of Rainbow Lake |  | 160000 |  |  |  |  |  |  | 160000 |  |
| Canada | Sunchild First Nation |  |  |  | 50000 |  | 90000 |  |  | 140000 |  |
| Canada | Woodlands County |  | 140000 |  |  |  |  |  |  | 140000 |  |
| Canada | County of Minburn |  | 120000 |  |  |  |  |  |  | 120000 |  |
| Canada | Enoch Cree Nation |  |  |  | 110000 |  |  |  |  | 110000 |  |
| Additional Notes: | (3) Includes payments made in foreign currencies. Where payments have been made in a local currency they have been converted to Canadian dollars using the prevailing exchange rate at the time of payment. The average exchange rates for the period were: <br>&nbsp;&nbsp;&nbsp;&nbsp;- $1 CAD: $0.702 USD <br>&nbsp;&nbsp;&nbsp;&nbsp;- $1 CAD: 5.255 RMB | (3) Includes payments made in foreign currencies. Where payments have been made in a local currency they have been converted to Canadian dollars using the prevailing exchange rate at the time of payment. The average exchange rates for the period were: <br>&nbsp;&nbsp;&nbsp;&nbsp;- $1 CAD: $0.702 USD <br>&nbsp;&nbsp;&nbsp;&nbsp;- $1 CAD: 5.255 RMB | (3) Includes payments made in foreign currencies. Where payments have been made in a local currency they have been converted to Canadian dollars using the prevailing exchange rate at the time of payment. The average exchange rates for the period were: <br>&nbsp;&nbsp;&nbsp;&nbsp;- $1 CAD: $0.702 USD <br>&nbsp;&nbsp;&nbsp;&nbsp;- $1 CAD: 5.255 RMB | (3) Includes payments made in foreign currencies. Where payments have been made in a local currency they have been converted to Canadian dollars using the prevailing exchange rate at the time of payment. The average exchange rates for the period were: <br>&nbsp;&nbsp;&nbsp;&nbsp;- $1 CAD: $0.702 USD <br>&nbsp;&nbsp;&nbsp;&nbsp;- $1 CAD: 5.255 RMB | (3) Includes payments made in foreign currencies. Where payments have been made in a local currency they have been converted to Canadian dollars using the prevailing exchange rate at the time of payment. The average exchange rates for the period were: <br>&nbsp;&nbsp;&nbsp;&nbsp;- $1 CAD: $0.702 USD <br>&nbsp;&nbsp;&nbsp;&nbsp;- $1 CAD: 5.255 RMB | (3) Includes payments made in foreign currencies. Where payments have been made in a local currency they have been converted to Canadian dollars using the prevailing exchange rate at the time of payment. The average exchange rates for the period were: <br>&nbsp;&nbsp;&nbsp;&nbsp;- $1 CAD: $0.702 USD <br>&nbsp;&nbsp;&nbsp;&nbsp;- $1 CAD: 5.255 RMB | (3) Includes payments made in foreign currencies. Where payments have been made in a local currency they have been converted to Canadian dollars using the prevailing exchange rate at the time of payment. The average exchange rates for the period were: <br>&nbsp;&nbsp;&nbsp;&nbsp;- $1 CAD: $0.702 USD <br>&nbsp;&nbsp;&nbsp;&nbsp;- $1 CAD: 5.255 RMB | (3) Includes payments made in foreign currencies. Where payments have been made in a local currency they have been converted to Canadian dollars using the prevailing exchange rate at the time of payment. The average exchange rates for the period were: <br>&nbsp;&nbsp;&nbsp;&nbsp;- $1 CAD: $0.702 USD <br>&nbsp;&nbsp;&nbsp;&nbsp;- $1 CAD: 5.255 RMB | (3) Includes payments made in foreign currencies. Where payments have been made in a local currency they have been converted to Canadian dollars using the prevailing exchange rate at the time of payment. The average exchange rates for the period were: <br>&nbsp;&nbsp;&nbsp;&nbsp;- $1 CAD: $0.702 USD <br>&nbsp;&nbsp;&nbsp;&nbsp;- $1 CAD: 5.255 RMB | (3) Includes payments made in foreign currencies. Where payments have been made in a local currency they have been converted to Canadian dollars using the prevailing exchange rate at the time of payment. The average exchange rates for the period were: <br>&nbsp;&nbsp;&nbsp;&nbsp;- $1 CAD: $0.702 USD <br>&nbsp;&nbsp;&nbsp;&nbsp;- $1 CAD: 5.255 RMB | (3) Includes payments made in foreign currencies. Where payments have been made in a local currency they have been converted to Canadian dollars using the prevailing exchange rate at the time of payment. The average exchange rates for the period were: <br>&nbsp;&nbsp;&nbsp;&nbsp;- $1 CAD: $0.702 USD <br>&nbsp;&nbsp;&nbsp;&nbsp;- $1 CAD: 5.255 RMB |

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Extractive Sector Transparency Measures Act - Annual Report | Extractive Sector Transparency Measures Act - Annual Report | Extractive Sector Transparency Measures Act - Annual Report | Extractive Sector Transparency Measures Act - Annual Report | Extractive Sector Transparency Measures Act - Annual Report | Extractive Sector Transparency Measures Act - Annual Report | Extractive Sector Transparency Measures Act - Annual Report | Extractive Sector Transparency Measures Act - Annual Report | Extractive Sector Transparency Measures Act - Annual Report | Extractive Sector Transparency Measures Act - Annual Report | Extractive Sector Transparency Measures Act - Annual Report |
| **Reporting Year** | **Reporting Year** | **From:** | 2024-01-01 | **To:** | 2024-12-31 |  |  |  |  |  |
| **Reporting Entity Name** | **Reporting Entity Name** | Cenovus Energy Inc |  |  |  |  | **Currency of the Report** | **Currency of the Report** | CAD |  |
| **Reporting Entity ESTMA Identification Number** | **Reporting Entity ESTMA Identification Number** | E695282 |  |  |  |  |  |  |  |  |
| **Subsidiary Reporting Entities (if necessary)** | E543177 FCCL Partnership, E422918 Cenovus TL ULC, E540914 Telephone Lake Partnership, E435615 Cenovus Clearwater Partnership, E859468 Cenovus Elmworth Partnership, E724323 Cenovus Wapiti Partnership, E461880 Cenovus Kaybob Partnership, E722884 Cenovus Edson Partnership, E303227 Marten Hills Partnership, E984040 Cenovus Marten Hills ULC, E483488 Husky Oil Limited Partnership, E206499 Husky Energy International Sulphur Corporation, E602104 Husky Energy International, E908878 Husky Oil China Branch of HEIC, E945280 Husky Oil Sands Partnership, E653397 Sunrise Oil Sands Partnership, E747799 Husky Atlantic Partnership, E580100 HOI Resources (2019) ULC, E202648 Husky Offshore 1% Partner ULC, E549730 Gear Energy Ltd. | E543177 FCCL Partnership, E422918 Cenovus TL ULC, E540914 Telephone Lake Partnership, E435615 Cenovus Clearwater Partnership, E859468 Cenovus Elmworth Partnership, E724323 Cenovus Wapiti Partnership, E461880 Cenovus Kaybob Partnership, E722884 Cenovus Edson Partnership, E303227 Marten Hills Partnership, E984040 Cenovus Marten Hills ULC, E483488 Husky Oil Limited Partnership, E206499 Husky Energy International Sulphur Corporation, E602104 Husky Energy International, E908878 Husky Oil China Branch of HEIC, E945280 Husky Oil Sands Partnership, E653397 Sunrise Oil Sands Partnership, E747799 Husky Atlantic Partnership, E580100 HOI Resources (2019) ULC, E202648 Husky Offshore 1% Partner ULC, E549730 Gear Energy Ltd. | E543177 FCCL Partnership, E422918 Cenovus TL ULC, E540914 Telephone Lake Partnership, E435615 Cenovus Clearwater Partnership, E859468 Cenovus Elmworth Partnership, E724323 Cenovus Wapiti Partnership, E461880 Cenovus Kaybob Partnership, E722884 Cenovus Edson Partnership, E303227 Marten Hills Partnership, E984040 Cenovus Marten Hills ULC, E483488 Husky Oil Limited Partnership, E206499 Husky Energy International Sulphur Corporation, E602104 Husky Energy International, E908878 Husky Oil China Branch of HEIC, E945280 Husky Oil Sands Partnership, E653397 Sunrise Oil Sands Partnership, E747799 Husky Atlantic Partnership, E580100 HOI Resources (2019) ULC, E202648 Husky Offshore 1% Partner ULC, E549730 Gear Energy Ltd. | E543177 FCCL Partnership, E422918 Cenovus TL ULC, E540914 Telephone Lake Partnership, E435615 Cenovus Clearwater Partnership, E859468 Cenovus Elmworth Partnership, E724323 Cenovus Wapiti Partnership, E461880 Cenovus Kaybob Partnership, E722884 Cenovus Edson Partnership, E303227 Marten Hills Partnership, E984040 Cenovus Marten Hills ULC, E483488 Husky Oil Limited Partnership, E206499 Husky Energy International Sulphur Corporation, E602104 Husky Energy International, E908878 Husky Oil China Branch of HEIC, E945280 Husky Oil Sands Partnership, E653397 Sunrise Oil Sands Partnership, E747799 Husky Atlantic Partnership, E580100 HOI Resources (2019) ULC, E202648 Husky Offshore 1% Partner ULC, E549730 Gear Energy Ltd. | E543177 FCCL Partnership, E422918 Cenovus TL ULC, E540914 Telephone Lake Partnership, E435615 Cenovus Clearwater Partnership, E859468 Cenovus Elmworth Partnership, E724323 Cenovus Wapiti Partnership, E461880 Cenovus Kaybob Partnership, E722884 Cenovus Edson Partnership, E303227 Marten Hills Partnership, E984040 Cenovus Marten Hills ULC, E483488 Husky Oil Limited Partnership, E206499 Husky Energy International Sulphur Corporation, E602104 Husky Energy International, E908878 Husky Oil China Branch of HEIC, E945280 Husky Oil Sands Partnership, E653397 Sunrise Oil Sands Partnership, E747799 Husky Atlantic Partnership, E580100 HOI Resources (2019) ULC, E202648 Husky Offshore 1% Partner ULC, E549730 Gear Energy Ltd. | E543177 FCCL Partnership, E422918 Cenovus TL ULC, E540914 Telephone Lake Partnership, E435615 Cenovus Clearwater Partnership, E859468 Cenovus Elmworth Partnership, E724323 Cenovus Wapiti Partnership, E461880 Cenovus Kaybob Partnership, E722884 Cenovus Edson Partnership, E303227 Marten Hills Partnership, E984040 Cenovus Marten Hills ULC, E483488 Husky Oil Limited Partnership, E206499 Husky Energy International Sulphur Corporation, E602104 Husky Energy International, E908878 Husky Oil China Branch of HEIC, E945280 Husky Oil Sands Partnership, E653397 Sunrise Oil Sands Partnership, E747799 Husky Atlantic Partnership, E580100 HOI Resources (2019) ULC, E202648 Husky Offshore 1% Partner ULC, E549730 Gear Energy Ltd. | E543177 FCCL Partnership, E422918 Cenovus TL ULC, E540914 Telephone Lake Partnership, E435615 Cenovus Clearwater Partnership, E859468 Cenovus Elmworth Partnership, E724323 Cenovus Wapiti Partnership, E461880 Cenovus Kaybob Partnership, E722884 Cenovus Edson Partnership, E303227 Marten Hills Partnership, E984040 Cenovus Marten Hills ULC, E483488 Husky Oil Limited Partnership, E206499 Husky Energy International Sulphur Corporation, E602104 Husky Energy International, E908878 Husky Oil China Branch of HEIC, E945280 Husky Oil Sands Partnership, E653397 Sunrise Oil Sands Partnership, E747799 Husky Atlantic Partnership, E580100 HOI Resources (2019) ULC, E202648 Husky Offshore 1% Partner ULC, E549730 Gear Energy Ltd. | E543177 FCCL Partnership, E422918 Cenovus TL ULC, E540914 Telephone Lake Partnership, E435615 Cenovus Clearwater Partnership, E859468 Cenovus Elmworth Partnership, E724323 Cenovus Wapiti Partnership, E461880 Cenovus Kaybob Partnership, E722884 Cenovus Edson Partnership, E303227 Marten Hills Partnership, E984040 Cenovus Marten Hills ULC, E483488 Husky Oil Limited Partnership, E206499 Husky Energy International Sulphur Corporation, E602104 Husky Energy International, E908878 Husky Oil China Branch of HEIC, E945280 Husky Oil Sands Partnership, E653397 Sunrise Oil Sands Partnership, E747799 Husky Atlantic Partnership, E580100 HOI Resources (2019) ULC, E202648 Husky Offshore 1% Partner ULC, E549730 Gear Energy Ltd. | E543177 FCCL Partnership, E422918 Cenovus TL ULC, E540914 Telephone Lake Partnership, E435615 Cenovus Clearwater Partnership, E859468 Cenovus Elmworth Partnership, E724323 Cenovus Wapiti Partnership, E461880 Cenovus Kaybob Partnership, E722884 Cenovus Edson Partnership, E303227 Marten Hills Partnership, E984040 Cenovus Marten Hills ULC, E483488 Husky Oil Limited Partnership, E206499 Husky Energy International Sulphur Corporation, E602104 Husky Energy International, E908878 Husky Oil China Branch of HEIC, E945280 Husky Oil Sands Partnership, E653397 Sunrise Oil Sands Partnership, E747799 Husky Atlantic Partnership, E580100 HOI Resources (2019) ULC, E202648 Husky Offshore 1% Partner ULC, E549730 Gear Energy Ltd. | E543177 FCCL Partnership, E422918 Cenovus TL ULC, E540914 Telephone Lake Partnership, E435615 Cenovus Clearwater Partnership, E859468 Cenovus Elmworth Partnership, E724323 Cenovus Wapiti Partnership, E461880 Cenovus Kaybob Partnership, E722884 Cenovus Edson Partnership, E303227 Marten Hills Partnership, E984040 Cenovus Marten Hills ULC, E483488 Husky Oil Limited Partnership, E206499 Husky Energy International Sulphur Corporation, E602104 Husky Energy International, E908878 Husky Oil China Branch of HEIC, E945280 Husky Oil Sands Partnership, E653397 Sunrise Oil Sands Partnership, E747799 Husky Atlantic Partnership, E580100 HOI Resources (2019) ULC, E202648 Husky Offshore 1% Partner ULC, E549730 Gear Energy Ltd. |
| **Payments by Project** | **Payments by Project** | **Payments by Project** | **Payments by Project** | **Payments by Project** | **Payments by Project** | **Payments by Project** | **Payments by Project** | **Payments by Project** | **Payments by Project** | **Payments by Project** |
| Country | Project Name<sup>1</sup> | Taxes | Royalties | Fees | Production Entitlements | Bonuses | Dividends | Infrastructure Improvement Payments | Total Amount paid by Project | Notes<sup>23</sup> |
| Canada | Christina Lake | 18270000 | 1564360000 | 12050000 |  | 5190000 |  | 10000000 | 1609870000 |  |
| Canada | Foster Creek | 18610000 | 1291480000 | 4690000 |  | 630000 |  | 2400000 | 1317810000 |  |
| Canada | Corporate | 585410000 |  | 360000 |  |  |  |  | 585770000 |  |
| Canada | Lloydminster Thermal Projects | 66340000 | 282670000 | 860000 |  | 200000 |  |  | 350070000 |  |
| China | Liwan Gas Project | 226960000 | 97190000 | 260000 |  |  |  |  | 324410000 | Note 3 |
| Canada | Sunrise | 10010000 | 76080000 | 2670000 |  | 1370000 |  |  | 90130000 |  |
| Canada | Conventional Heavy Oil | 26540000 | 40850000 | 5420000 |  | 1110000 |  | 50000 | 73970000 | Includes production volume taken in-kind as royalties and are valued at $6,790,000 which is the fair market value based on Cenovus's realized sales price. |
| Canada | Northern Corridor | 12930000 | 22530000 | 10260000 |  |  |  |  | 45720000 | Includes production volume taken in-kind as royalties and are valued at $16,540,000 which is the fair market value based on Cenovus's realized sales price. |
| Canada | Edson | 8000000 | 12960000 | 5280000 |  |  |  |  | 26240000 | Includes production volume taken in-kind as royalties and are valued at $2,570,000 which is the fair market value based on Cenovus's realized sales price. |
| Canada | Rainbow Lake Development | 4420000 | 15810000 | 460000 |  |  |  |  | 20690000 | Includes production volume taken in-kind as royalties and are valued at $11,910,000 which is the fair market value based on Cenovus's realized sales price. |
| Canada | White Rose Oil Field |  | 410000 | 19650000 |  |  |  |  | 20060000 |  |
| Canada | Clearwater | 5610000 | 7500000 | 5820000 |  | 190000 |  |  | 19120000 | Includes production volume taken in-kind as royalties and are valued at $2,840,000 which is the fair market value based on Cenovus's realized sales price. |
| Canada | Tucker Thermal Project |  | 3320000 | 10000 |  |  |  |  | 3330000 |  |
| Canada | Terra Nova Oil Field |  | 2890000 |  |  |  |  |  | 2890000 |  |
| China | Block 29/34 |  |  | 40000 |  | 350000 |  |  | 390000 | Note 3 |
| China | Block 15/33 |  |  | 100000 |  |  |  |  | 100000 | Note 3 |
| Additional Notes: | (3) Includes payments made in foreign currencies. Where payments have been made in a local currency they have been converted to Canadian dollars using the prevailing exchange rate at the time of payment. The average exchange rates for the period were: <br>&nbsp;&nbsp;&nbsp;&nbsp;- $1 CAD: $0.702 USD <br>&nbsp;&nbsp;&nbsp;&nbsp;- $1 CAD: 5.255 RMB | (3) Includes payments made in foreign currencies. Where payments have been made in a local currency they have been converted to Canadian dollars using the prevailing exchange rate at the time of payment. The average exchange rates for the period were: <br>&nbsp;&nbsp;&nbsp;&nbsp;- $1 CAD: $0.702 USD <br>&nbsp;&nbsp;&nbsp;&nbsp;- $1 CAD: 5.255 RMB | (3) Includes payments made in foreign currencies. Where payments have been made in a local currency they have been converted to Canadian dollars using the prevailing exchange rate at the time of payment. The average exchange rates for the period were: <br>&nbsp;&nbsp;&nbsp;&nbsp;- $1 CAD: $0.702 USD <br>&nbsp;&nbsp;&nbsp;&nbsp;- $1 CAD: 5.255 RMB | (3) Includes payments made in foreign currencies. Where payments have been made in a local currency they have been converted to Canadian dollars using the prevailing exchange rate at the time of payment. The average exchange rates for the period were: <br>&nbsp;&nbsp;&nbsp;&nbsp;- $1 CAD: $0.702 USD <br>&nbsp;&nbsp;&nbsp;&nbsp;- $1 CAD: 5.255 RMB | (3) Includes payments made in foreign currencies. Where payments have been made in a local currency they have been converted to Canadian dollars using the prevailing exchange rate at the time of payment. The average exchange rates for the period were: <br>&nbsp;&nbsp;&nbsp;&nbsp;- $1 CAD: $0.702 USD <br>&nbsp;&nbsp;&nbsp;&nbsp;- $1 CAD: 5.255 RMB | (3) Includes payments made in foreign currencies. Where payments have been made in a local currency they have been converted to Canadian dollars using the prevailing exchange rate at the time of payment. The average exchange rates for the period were: <br>&nbsp;&nbsp;&nbsp;&nbsp;- $1 CAD: $0.702 USD <br>&nbsp;&nbsp;&nbsp;&nbsp;- $1 CAD: 5.255 RMB | (3) Includes payments made in foreign currencies. Where payments have been made in a local currency they have been converted to Canadian dollars using the prevailing exchange rate at the time of payment. The average exchange rates for the period were: <br>&nbsp;&nbsp;&nbsp;&nbsp;- $1 CAD: $0.702 USD <br>&nbsp;&nbsp;&nbsp;&nbsp;- $1 CAD: 5.255 RMB | (3) Includes payments made in foreign currencies. Where payments have been made in a local currency they have been converted to Canadian dollars using the prevailing exchange rate at the time of payment. The average exchange rates for the period were: <br>&nbsp;&nbsp;&nbsp;&nbsp;- $1 CAD: $0.702 USD <br>&nbsp;&nbsp;&nbsp;&nbsp;- $1 CAD: 5.255 RMB | (3) Includes payments made in foreign currencies. Where payments have been made in a local currency they have been converted to Canadian dollars using the prevailing exchange rate at the time of payment. The average exchange rates for the period were: <br>&nbsp;&nbsp;&nbsp;&nbsp;- $1 CAD: $0.702 USD <br>&nbsp;&nbsp;&nbsp;&nbsp;- $1 CAD: 5.255 RMB | (3) Includes payments made in foreign currencies. Where payments have been made in a local currency they have been converted to Canadian dollars using the prevailing exchange rate at the time of payment. The average exchange rates for the period were: <br>&nbsp;&nbsp;&nbsp;&nbsp;- $1 CAD: $0.702 USD <br>&nbsp;&nbsp;&nbsp;&nbsp;- $1 CAD: 5.255 RMB |

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