An anonymous director reports

OVINTIV ANNOUNCES UPSIZE AND PRICING OF OFFERING OF COMMON STOCK BY A SELLING STOCKHOLDER

Ovintiv Inc. has upsized and priced a previously announced underwritten public offering of its common stock by NMB Stock Trust, a Delaware statutory trust. The size of the offering increased from the previously announced 8.4 million shares to an aggregate of 9.4 million shares of the company's common stock at a price to the public of $44.35 (U.S.) per share for gross proceeds of approximately $416.9-million (U.S.) before underwriting discount and estimated offering expenses. The company will not sell any shares of its common stock in the offering and will not receive any proceeds from the sale of the shares in the offering. The offering is expected to close on Nov. 22, 2023, subject to customary closing conditions.

Goldman Sachs & Co. LLC is acting as underwriter for this offering. The shares will be sold in a registered offering pursuant to an effective automatic shelf registration statement on Form S-3 that was previously filed with the U.S. Securities and Exchange Commission, a prospectus, and a related prospectus supplement. Before you invest, you should read the prospectus in that registration statement and other documents the company has filed with the SEC for more complete information about the company and this offering. A copy of the prospectus relating to the securities can be obtained from Goldman Sachs & Co., prospectus department, 200 West St., New York, N.Y., 10282, telephone: 1-866-471-2526, facsimile: 212-902-9316 or by e-mailing prospectus-ny@ny.email.gs.com. These documents may also be viewed by visiting the SEC's website.

In addition, the company has agreed to purchase from the underwriter, out of the 9.4 million shares that are the subject of the offering, 1,204,545 shares of the company's common stock, or $53.0-million (U.S.), at a price per share equal to the price at which the underwriter will purchase the shares from the selling stockholder in the offering. The offering is not conditioned upon the closing of the repurchase, but the repurchase is conditioned upon the closing of the offering.

We seek Safe Harbor.