Cenovus reports voting results of election of Directors

CALGARY, AB -- (Marketwired) -- 04/26/17 -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) announced that at its annual meeting of shareholders held on April 26, 2017 each of the 11 nominees proposed as Directors and listed in its Management Information Circular dated March 3, 2017 were elected as Directors. The detailed results of the vote are set out below.

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Nominee                                Votes for           Votes withheld   
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                                   Number     Percent    Number     Percent 
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Susan F. Dabarno                538,584,625   87.83    74,626,583   12.17   
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Patrick D. Daniel               537,895,307   87.72    75,316,195   12.28   
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Ian W. Delaney                  536,731,302   87.53    76,478,235   12.47   
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Brian C. Ferguson               536,650,354   87.51    76,560,854   12.49   
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Steven F. Leer                  536,895,053   87.55    76,316,155   12.45   
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Richard J. Marcogliese          538,133,532   87.76    75,076,004   12.24   
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Claude Mongeau                  538,594,552   87.83    74,616,656   12.17   
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Charles M. Rampacek             534,832,174   87.22    78,379,033   12.78   
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Colin Taylor                    538,053,072   87.74    75,156,758   12.26   
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Wayne G. Thomson                536,784,027   87.54    76,427,181   12.46   
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Rhonda I. Zygocki               539,278,454   87.94    73,933,081   12.06   
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Cenovus welcomes Susan F. Dabarno as a new member of its Board of Directors. Ms. Dabarno is a director of Manulife Financial Corporation and has extensive wealth management and financial expertise. Ms. Dabarno spent seven years with Richardson Partners Financial Limited, an independent wealth management services firm, serving as President and Chief Executive Officer and then as Executive Chair during her tenure. Prior to joining Richardson Partners Financial Limited, Ms. Dabarno was President and Chief Operating Officer at Merrill Lynch Canada Inc.

Cenovus would like to extend its sincere thanks and best wishes to Michael A. Grandin and Valerie A. A. Nielsen, who have retired from the Board of Directors. Mr. Grandin served as Chair of the Board and Ms. Nielsen as a Director since Cenovus's inception in 2009.

Cenovus Energy Inc.

Cenovus Energy Inc. is a Canadian integrated oil company. It is committed to applying fresh, progressive thinking to safely and responsibly unlock energy resources the world needs. Operations include oil sands projects in northern Alberta, which use specialized methods to drill and pump the oil to the surface, and established natural gas and oil production in Alberta and Saskatchewan. The company also has 50% ownership in two U.S. refineries. Cenovus shares trade under the symbol CVE, and are listed on the Toronto and New York stock exchanges. For more information, visit cenovus.com.

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   CENOVUS CONTACTS: Investor RelationsKam SandharVice-PresidentInvestor Relations & Corporate Development403-766-5883MediaBrett HarrisManager, External Communications403-766-3420Media Relations general line403-766-7751

Source: Cenovus Energy Inc.

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