X0306 4 2021-02-26 0 0001792580 Ovintiv Inc. OVV 0001788621 McCracken Brendan Michael C/O 370 17TH STREET, SUITE 1700 DENVER CO 80202 0 1 0 0 President Common Stock 2021-02-26 4 M 0 1351 22.72 A 14525 D Common Stock 2021-02-26 4 M 0 2118 22.72 A 16643 D Common Stock 2021-02-28 4 M 0 8106 22.72 A 24749 D Rights (Restricted Stock Unit) 2021-02-26 4 A 0 20241 0 A 2022-02-26 Common Stock 20241 80763 D Rights (Restricted Stock Unit) 2021-02-26 4 A 0 20241 0 A 2023-02-26 Common Stock 20241 101004 D Rights (Restricted Stock Unit) 2021-02-26 4 A 0 20241 0 A 2024-02-26 Common Stock 20241 121245 D Rights (Restricted Stock Unit) 2021-02-26 4 M 0 2598 0 D 2021-02-26 2021-02-26 Common Stock 2958 0 D Rights (Performance Stock Unit) 2021-02-26 4 M 0 4073 0 D 2021-02-26 2021-02-26 Common Stock 4073 0 D Rights (Restricted Stock Unit) 2021-02-28 4 M 0 15589 0 D 2021-02-28 2021-02-28 Common Stock 15589 0 D Each Restricted Stock Unit (each, "RSU") is the economic equivalent of one share of common stock of Ovintiv Inc. and attracts dividend equivalent RSUs. 1/3 will vest on February 26, 2022, subject to the grantee's active employment on such date and the terms and conditions of the Omnibus Incentive Plan and applicable grant agreement. Each Restricted Stock Unit (each, "RSU") is the economic equivalent of one share of common stock of Ovintiv Inc. and attracts dividend equivalent RSUs. 1/3 will vest on February 26, 2023, subject to the grantee's active employment on such date and the terms and conditions of the Omnibus Incentive Plan and applicable grant agreement. Each Restricted Stock Unit (each, "RSU") is the economic equivalent of one share of common stock of Ovintiv Inc. and attracts dividend equivalent RSUs. 1/3 will vest on February 26, 2024, subject to the grantee's active employment on such date and the terms and conditions of the Omnibus Incentive Plan and applicable grant agreement. Each Restricted Share Unit (each, RSU") is the economic equivalent of one share of Ovintiv Inc. common stock and attracts dividend equivalent RSUs. Each Performance Share Unit (each, "PSU") is settled based on the achievement of certain performance criteria, is valued based on the economic equivalent of one common share of Ovintiv Inc. common stock and attracts dividend equivalent PSUs. Settlement of the PSUs was based on a performance criteria multiplier of 78.4 percent. Common Stock issued net of withholding tax. The PSU is settled in Canadian dollars at a price of CAD$28.82 per share and is determined based on the volume-weighted average price of one share of common stock of Ovintiv Inc. on the Toronto Stock Exchange for the five trading days following approval of the performance criteria multiplier. The price has been converted to U.S. dollars using the Bank of Canada exchange rate on the transaction date. The RSUs settled in Canadian dollars at a price of CAD$28.82 per RSU. The price has been converted to U.S. dollars using the Bank of Canada exchange rate on the transaction date. The RSUs settled in Canadian dollars at a price of CAD$29.12 per RSU. The price has been converted to U.S. dollars using the Bank of Canada exchange rate on the transaction date. /s/Dawna Gibb, by Power of Attorney 2021-03-02