Ovintiv Announces Retirement of Peter Dea from its Board of Directors – Ovintiv (NYSE:OVV)

Steven Nance to Prosper Dea as Board Chairman

DENVER, Dec. 12, 2025/ PRNewswire/ – Ovintiv Inc. (NYSE: OVV) (TSX: OVV) (” Ovintiv” or the “Business”) today revealed that Peter Dea will retire from its Board of Directors (the “Board”) reliable Might 6, 2026 Steven Nance has actually been all chosen by the Board to change Dea as Board Chairman.

Mr. Dea signed up with the Board in 2010 and has actually acted as Chairman because 2020. With over 40 years of management and worth production proficiency in the E&P market, effectively leading both public and personal business, he established a performance history of providing significant investor worth. His experience gave the Ovintiv Board important insight into oil and gas operations, sustainability, technique, and energy-related policy. Through his individual and expert efforts, Mr. Dea has actually focused on sustainability and stewardship and, with his household, developed a structure that supports education, science, and preservation causes.

” On behalf of the Board and our management group, I want to thank Peter for his numerous contributions over the last 15 years,” stated Brendan McCracken, Ovintiv’s President and CEO. “His wealth of understanding, strong management and commitment have actually been important to our business. We will miss his smart counsel and dream him well in retirement.” McCracken continued, “We anticipate having Steve as our brand-new Board Chair. His tested management, varied experience and dedication to strong business governance will serve us well.”

Nance brings over a years of experience as a business director and substantial proficiency in governance, M&A and investor engagement. He has actually served on numerous public and personal boards, has experience as Lead Director and Committee Chair, and added to best-in-class governance practices. He is presently President and Supervisor of Steele Creek Energy, LLC, a personal oil and gas financial investment company. He has actually served on the Ovintiv Board for 6 years and is presently the Chair of the Environment, Health And Wellness Committee.

More details on Ovintiv Inc. is readily available on the Business’s site, www.ovintiv.com, or by getting in touch with:

SOURCE Ovintiv Inc.