Canadian Natural Resources Limited (Canadian Natural) is a Canadian crude oil and natural gas production company with a diversified portfolio of synthetic crude oil, light crude oil, heavy crude oil, bitumen, natural gas and natural gas liquids (NGLs).

Canadian Natural’s assets include oil sands mining operations located north of Fort McMurray, Alberta: the Albian Mines (Muskeg River and Jackpine) and Horizon Oil Sands Mining and Upgrading (Horizon). Canadian Natural owns and operates 100% of the Albian mines and retains a non-operated 80% interest in the Scotford Upgrader and Quest Carbon Capture and Storage facilities. The Albian mines have been part of the Toward Sustainable Mining (TSM) program since 2002 and the Horizon mine since 2020.

Canadian Natural’s mission statement — “To develop people to work together to create value for the Company’s shareholders by doing it right with fun and integrity” — guides our commitment to responsible development.

Canadian Natural’s 2025 TSM Internal Assessment Results

In June 2024, the Government of Canada passed amendments to the Competition Act, resulting in changes to the law around environmental communications. With these changes, companies communicating the work they are doing to protect the environment or address climate change face uncertainty on how this legislation will be interpreted and applied on a go forward basis. This legislation does not change Canadian Natural’s commitment to environmental stewardship, only our ability to publicly communicate these aspects of our business.

Until there is clarity on how this new law will be applied by the Canadian Competition Bureau and the courts, Canadian Natural’s ratings will be submitted to the Mining Association of Canada for internal use only to confirm that the company continues to perform self-assessments for the following protocols: Biodiversity Conservation Management, Climate Change, Tailings Management and Water Stewardship. Self-assessment ratings for all other protocols continue to be updated and communicated annually.

Indigenous Communities

Canadian Natural continues to work closely with more than 80 Indigenous communities across our Canadian operations. Engagements include direct consultation on projects and operations, interaction and collaboration through industry relations committees, and formal engagement with Indigenous communities, including Elders, community members, community advisory committees and local leaders.    

We value working with Indigenous communities and meet regularly with them to discuss issues that matter, working to build and maintain positive relationships in a meaningful way. Learning about traditional cultures, wildlife and how the landscape has changed over time is part of our long-term commitment to these communities to further enhance our practices. For example, in our oil sands mining operations, Canadian Natural organizes Annual Stakeholder Tailings Forums with representatives from seven local Indigenous communities to share operational updates.

Our focus on Indigenous business development continued throughout 2025, strengthening contracting and employment opportunities for qualified local businesses and community members. Canadian Natural worked with over 490 Indigenous businesses and awarded $1.1 billion in contracts in 2025.

Community Investment

As members of the communities we work in, we recognize the importance of creating shared value as part of our commitment to responsible operations. Canadian Natural’s community investment program has strategies and action plans in place to support priority needs identified by stakeholders in the areas of health and wellness, education and training, social programs, cultural events, and traditional practices. In 2025, Canadian Natural invested $52.5 million in programs and initiatives in local communities, which included:  

• APPLE Schools nutrition program in remote areas in northern Alberta, including Fort McKay and Fort Chipewyan.
• Northern Lights Health Foundation Spring Fling event sponsorship to support the purchase of medical equipment, programs, and services for Wood Buffalo residents.
• CASA Mental Health funding for their new facility in Fort McMurray that will serve youth with both day and live-in programming.
• Athabasca Tribal Council’s Cultural festival that brought 14,000+ attendees/participants to the area, including Indigenous artists and performers from the region’s First Nations communities.

Safety Performance

Safety is a core value that underlies all operational activities to reach our ultimate goal of ‘No harm to people; No safety incidents.’ Our Safety Management System (SMS) is a key framework used to safeguard people, the environment and operations. Our management systems integrate personal safety, process safety and asset integrity. From 2021-2025, Canadian Natural reduced total corporate recordable injury frequency (TRIF) by 56%.

Collaboration

As a founding member of Canada’s Oil Sands Innovation Alliance (COSIA), the innovation arm of the Oil Sands Alliance, Canadian Natural is collaborating on technology and innovation. Working together with industry to leverage technical expertise and conduct research helps to identify and implement solutions more cost effectively and efficiently.

TSM Performance

Canadian Natural’s mines have a well-established record of TSM reporting. Management programs are reviewed, tested and documented, and continue to maintain the standards under the TSM Protocols of Crisis Management and Communications Planning, Indigenous and Community Outreach, Tailings Management and Biodiversity.

Stakeholder teams continue to proactively inform stakeholders about Canadian Natural operations through engagement meetings and Canadian Natural’s Annual Stewardship Report to Stakeholders.

For more information, please visit www.cnrl.com