Mr. Shant Madian reports

CRESCENT POINT CONFIRMS QUARTERLY DIVIDEND AND DECLARES THIRD QUARTER SPECIAL DIVIDEND

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

The quarterly cash base dividend of 10 cents per share will be paid on Jan. 2, 2024, for shareholders of record on Dec. 15, 2023. Based on Crescent Point's third quarter 2023 financial results, a special cash dividend of two cents per share will be paid on Nov. 22, 2023, for shareholders of record on Nov. 15, 2023. Special dividends are used in combination with share repurchases as part of the company's return of capital framework, to ensure that Crescent Point fulfills its targeted return to shareholders for the quarter.

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.