Mr. Shant Madian reports

CRESCENT POINT CONFIRMS QUARTERLY DIVIDEND AND DECLARES SECOND QUARTER SPECIAL DIVIDEND

Crescent Point Energy Corp.'s board of directors has declared a special cash dividend and a quarterly cash base dividend in alignment with the company's return of capital framework.

The special cash dividend of 3.5 cents per share is based on Crescent Point's second quarter 2023 financial results and will be paid on Aug. 15, 2023, for shareholders of record on Aug. 8, 2023. The quarterly cash base dividend of 10 cents per share will be paid on Oct. 2, 2023, for shareholders of record on Sept. 15, 2023.

These dividends are designated as eligible dividends for Canadian income tax purposes. For U.S. income tax purposes, Crescent Point's dividends are considered qualified dividends.