Shareholder FAQs

Ovintiv common shares are listed and posted for trading on both the Toronto Stock Exchange and the New York Stock Exchange under the symbol “OVV”.

On January 24, 2020, Encana Corporation completed a series of reorganization transactions resulting in the company: (i) establishing its corporate domicile in the U.S.; (ii) rebranding under the name Ovintiv Inc.; and (iii) completing a consolidation and share exchange for effectively one share of common stock of Ovintiv for every five common shares of Encana. The Company received very strong securityholder support with more than 90% of votes cast in favor of the Reorganization.

For more information, visit Ovintiv’s owner relations page.

A Letter of Transmittal is the form that will be used by registered shareholders to exchange common shares of Encana Corporation for shares of common stock of Ovintiv Inc.

A Form W-8BEN or W-8BEN-E is a Certificate of Status of Beneficial Owner for United States Tax Withholding and Reporting. By completing the W-8BEN or W-8BEN-E (as appropriate), you are certifying that you are a foreign (i.e. a non-U.S. resident) shareholder receiving dividends from Ovintiv Inc. and you are certifying your country of residence for the purpose of claiming a reduced rate of withholding tax under the income tax treaty between your country of residence and the United States. Without a signed Form W-8BEN or W-8BEN-E dividends will be withheld at the maximum rate (currently 30%).

Please complete your Letter of Transmittal and the Form W-8BEN or W-8BEN-E, if applicable, and send both documents and your Encana Corporation share certificates back to TSX Trust Company (Canada) in the envelope that you were previously provided.

If you have any questions regarding the completion of the letter of transmittal or the relevant tax form, please contact the Depositary, TSX Trust Company (Canada)— 866.580.7145

Please be aware that if your Letter of Transmittal is not completed, your future dividend payments may be held until the Letter of Transmittal and your Encana Corporation share certificates are received by the Depositary at the address provided on the Letter of Transmittal.

A Letter of Transmittal is the form that will be used by registered shareholders to exchange common shares of Encana Corporation shares for shares of common stock of Ovintiv Inc.

A Form W-9 is a Request for Taxpayer Identification Number and Certification for U.S. citizens or U.S. persons. U.S. citizens and U.S. persons must complete Form W-9 in order to prevent the withholding tax on dividends from Ovintiv Inc. Without a signed Form W-9 backup withholding tax (currently 24%) will be applied on dividends.

Please complete your Letter of Transmittal and the Form W-8BEN or W-8BEN-E, if applicable, and send both documents and your Encana Corporation share certificates back to TSX Trust Company (Canada) in the envelope that you were previously provided.

If you have any questions regarding the completion of the Letter of Transmittal or the tax form, please contact the Depositary, TSX Trust Company (Canada)—866.580.7145

Please be aware that if your Letter of Transmittal is not completed, your future dividend payments may be held until the Letter of Transmittal and your Encana Corporation share certificates are received by the Depositary at the address provided on the Letter of Transmittal.

If you are a registered shareholder and did not receive a Letter of Transmittal, please contact TSX Trust Company (Canada), the Depositary at:

TSX Trust Company (Canada)—866.580.7145

Please be aware that if your Letter of Transmittal is not completed, your future dividend payments may be held until the Letter of Transmittal and your Encana Corporation share certificates are received by the Depositary at the address provided on the Letter of Transmittal.

You will need to contact our registrar and transfer agent for assistance at:
American Stock Transfer & Trust Company — 800.937.5449

You will need to contact our registrar and transfer agent for assistance at:
American Stock Transfer & Trust Company — 800.937.5449

If you are on our mailing list to receive information directly from Ovintiv, please contact Investor Relations at investor.relations@ovintiv.com or by calling 403.645.3550

If you are a registered shareholder, please contact:

American Stock Transfer & Trust Company —866.580.7145

If you are a beneficial shareholder, please contact your broker directly.

You will receive your dividend payment from Ovintiv Inc. in the form of a dividend check from Ovintiv’s transfer agent, American Stock Transfer & Trust Company, LLC.

On February 28, 2019, Ovintiv suspended its dividend reinvestment plan until further notice. If Ovintiv elects to reinstate the dividend reinvestment plan in the future, the shareholders that were enrolled in the plan at suspension and remained enrolled at reinstatement will automatically resume participation in the plan.

If you are a registered shareholder, please contact:

American Stock Transfer & Trust Company—877.361.7965

If you are a beneficial shareholder, please contact your broker directly.

As part of the Reorganization there were no Ovintiv Purchase Notes issued by Ovintiv Inc.; therefore, the exchange of shares should not be a taxable transaction to Canadian shareholders. Accordingly, no joint tax election forms will be required to be filed in respect of the Reorganization.

The “all earnings and profits amount” is posted on the Ovintiv website here under the heading “Investors”.

The share consolidation was completed on January 24, 2020.

No. To purchase Ovintiv shares, you will need to contact a broker.

No. At this time, Ovintiv does not have any preferred securities outstanding.

On November 30, 2009, Encana completed a corporate reorganization to split into two independent publicly traded companies – Encana Corporation and Cenovus Energy Inc. Under the transaction, Encana shareholders retained their Encana shares and received one Cenovus common share for each Encana share held. Please refer to the below documents for further details on the split.

• Encana/Cenovus Split – Cost Allocation and Tax Implications
• Encana/Cenovus Split – Information Circular

For a full description of the merger, please refer to the Joint Information Circular dated February 22, 2002. Historical financial reports and other shareholder materials can also be accessed through the Canadian Securities Administrators’ System for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com.