TSX: POU $22.24 CHANGE 0.03 VOLUME 168,582 Governance Board Mandate Committee Charters Key Position Descriptions Policies Ethical Business Conduct Corporate Documents EMERGENCY CONTACT 1-866-362-1138 © 2021 Paramount Resources Ltd. Privacy / Legal created by nonfiction studios inc.

TSX: POU $22.24 CHANGE 0.03 VOLUME 168,582 Leadership Team James Riddell Chairman and President and Chief Executive Officer Bernard Lee Executive Vice President, Finance Paul Kinvig Chief Financial Officer D. Blake Reid Executive Vice President, Operations Rodrigo Sousa Executive Vice President, Corporate Development & Planning John Williams Executive Vice President, Kaybob Region Mark Franko General Counsel and Corporate Secretary Michael Han Vice President, Information Services and Corporate Services Mitch Shier Vice President, Legal Garth Stotts Vice President, Development and Reserves Phil Tahmazian Vice President, Midstream and Marketing Joerg Wittenberg Vice President, Grande Prairie Region EMERGENCY CONTACT 1-866-362-1138 © 2021 Paramount Resources Ltd. Privacy / Legal created by nonfiction studios inc.

TSX: POU $22.24 CHANGE 0.03 VOLUME 168,582 Analyst Coverage ATB Capital Markets Patrick O’Rourke Calgary, Alberta BMO Nesbitt Burns Ray Kwan Calgary, Alberta CIBC World Markets Jamie Kubik Calgary, Alberta Cormark Securities Inc. Garett Ursu Calgary, Alberta National Bank Financial Dan Payne Calgary, Alberta Peters & Co. Dan Grager Calgary, Alberta Raymond James Jeremy McCrea Calgary, Alberta RBC Capital Markets Michael Harvey Calgary, Alberta Scotia Capital Cameron Bean Calgary, Alberta Stifel FirstEnergy Cody Kwong Calgary, Alberta EMERGENCY CONTACT 1-866-362-1138 © 2021 Paramount Resources Ltd. Privacy / Legal created by nonfiction studios inc.

TSX: POU $22.24 CHANGE 0.03 VOLUME 168,582 ABOUT US Paramount Resources Ltd. is an independent, publicly traded, liquids-focused Canadian energy company that explores for and develops both conventional and unconventional petroleum and natural gas reserves and resources. The Company also pursues longer-term strategic exploration and pre-development plays and holds a portfolio of investments in other entities. Paramount’s properties are located primarily in Alberta and British Columbia. The Company’s class A common shares are listed on the Toronto Stock Exchange under the symbol “POU”. Our History Board of Directors Leadership Team Governance EMERGENCY CONTACT 1-866-362-1138 © 2021 Paramount Resources Ltd. Privacy / Legal created by nonfiction studios inc.

TSX: POU $22.24 CHANGE 0.03 VOLUME 168,582 Financial Reports & Shareholder Meetings Financial Reports 2021 2021 Third Quarter Historical Financial & Operational Information – Third Quarter 2021 2021 Second Quarter Historical Financial & Operational Information – Second Quarter 2021 2021 First Quarter Historical Financial & Operational Information – First Quarter 2021 2020 2019 2018 2017 Shareholder Meetings 2021 2021 Information Circular 2021 Notice and Access Notification to Shareholders 2020 2019 2018 2017 EMERGENCY CONTACT 1-866-362-1138 © 2021 Paramount Resources Ltd. Privacy / Legal created by nonfiction studios inc.