1 8 Appendices Transparency & Guiding Principles Climate Action Diversity, Inclusion & Well-Being Good Governance & Shareholder Alignment Community Contributions Responsible Capital Allocation Innovative Technologies: We have royalty interests and a working interest on Whitecap Resources’ Weyburn Unit in southeast Saskatchewan, which is a CO 2 injection enhanced oil recovery development. According to Whitecap, Weyburn is the largest carbon capture, utilization and storage project for enhanced oil recovery in the world using anthropogenic CO 2 . CO 2 is transported as a liquid from two separate industrial sources. At the source, the CO 2 is captured and compressed before transmission via pipeline to Weyburn. The CO 2 in liquid form is then injected at high pressure into the Weyburn Unit. The gas stream that is recovered with the oil production is processed for natural gas liquids and the remaining CO 2 volume is reinjected into the formation on an ongoing basis. Accordingly, with minor adjustment for losses, all of the CO 2 purchased and transported by pipeline for injection at Weyburn constitutes additional CO 2 volumes stored each year. Since its inception in 2000, more than 36 million tonnes of CO 2 , or an average of 1.7 million tonnes of CO 2 per annum, from two separate industrial sources have been captured and stored 1.5 km underground, the equivalent of taking 8 million cars off the road for an entire year. In addition to having carbon storage benefits, injecting CO 2 helps oil come to the surface more easily and improves the efficiency of production, maximizing the ultimate recovery of oil originally in place. The sequestered emissions attributable to our royalty and working interests in the Weyburn Unit, are 252,924 tCO 2 for 2021. For greater certainty, we do not reduce or set-off our Financed Emissions with sequestered emissions. We continue to monitor GHG Protocol guidance for direction on the treatment of eliminated GHG emissions, including sequestered emissions, in connection with our calculation of overall Financed Emissions. Mining and energy operators utilizing lower emission and emissions reduction processes and technologies demonstrate their adaptability to climate change. As decarbonisation continues to take centre stage, we will continue to look to partner with and deploy capital to these companies and projects, which involvement will improve our own sustainability profile. Sustainable Investment Opportunities (continued) “Since its inception in 2000, more than 36 million tonnes of CO 2 , or an average of 1.7 million tonnes of CO 2 per annum, from two separate industrial sources have been captured and stored 1.5 km underground, the equivalent of taking 8 million cars off the road for an entire year.” CO 2 Injection and Enhanced Oil Recovery at Weyburn