Corporate Profile

Pikes Peak South

Husky Energy is one of Canada’s largest integrated energy companies. It is based in Calgary, Alberta and publicly traded on the Toronto Stock Exchange under the symbols HSE and HSE.PR.A.

With more than 5,000 employees, the Company operates in Western and Atlantic Canada, the United States and the Asia Pacific Region with Upstream and Downstream business segments.

Annual production in 2012 averaged 301,500 barrels of oil equivalent per day (boe/d), with gross revenue of $23 billion and net earnings of approximately $2.0 billion.

Balanced Growth

A balanced growth strategy means Husky is growing the business while paying its shareholders a steady dividend. The Company set out its balanced growth strategy more than three years ago, with a clear blueprint to grow the business while paying its shareholders a steady dividend.

It is continuing to rejuvenate its Foundation in Heavy Oil and Western Canada with an increased focus on thermal developments and oil and liquids-rich gas plays. The Downstream business adds value by capturing world prices for this production. The Company is also advancing three growth pillars in the Asia Pacific Region, the Oil Sands and the Atlantic Region.

Delivering Results: Husky is on track to meet its compound annual production growth target of three to five percent through 2015, is on pace to achieve its five-year average proved reserves replacement ratio target of 140 percent and is improving its return on capital employed ratio, three key performance metrics.