Imperial Oil renews NCIB to repurchase up to 5% of shares (26.8M shares) over 12 months

IMPERIAL OIL LTD

Program runs June 29, 2024 to June 28, 2025; maximum 26,791,840 shares (5% of 535,836,803 outstanding).
ExxonMobil will sell shares to Imperial under NCIB to maintain its 69.6% proportionate ownership.
Daily purchase limit for non-ExxonMobil shares is 254,907 shares, 25% of avg daily volume of 1,019,629.
Prior NCIB completed Oct 19, 2023; bought 29,207,635 shares total at avg cost of $78.75 per share.

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