X0306 4 2022-05-18 0 0001792580 Ovintiv Inc. OVV 0001776159 Code Corey Douglas C/O 370 17TH STREET, SUITE 1700 DENVER CO 80202 0 1 0 0 EVP & CFO Common Stock 2022-05-18 4 M 0 12673 A 65373 D Common Stock 2022-05-18 4 D 0 12673 45.02 D 52700 D Performance Share Unit 2022-05-18 4 M 0 12673 0 D 2022-05-18 2022-05-18 Common Stock 12673 0 D Each Performance Share Unit (each, "PSU") is settled based on the achievement of certain performance criteria, is the economic equivalent of one common share of Ovintiv Inc. ("Ovintiv") common stock and attracts dividend equivalent PSUs. Settlement of the PSUs was based on a performance criteria multiplier of 104.2 percent. Represents the settlement upon vesting of PSUs. PSUs convert into Ovintiv common stock on a one-for-one basis. The PSU is settled in Canadian dollars at a price of CAD$57.81 per PSU and is determined based on the volume-weighted average price of one share of Ovintiv common stock as traded on the Toronto Stock Exchange for the five trading days immediately following the end of Ovintiv's Q1 financial reporting blackout on May 10, 2022. 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 2022-05-19