<SEC-DOCUMENT>0001104659-25-025404.txt : 20250319
<SEC-HEADER>0001104659-25-025404.hdr.sgml : 20250319
<ACCEPTANCE-DATETIME>20250319095755
ACCESSION NUMBER:		0001104659-25-025404
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		8
CONFORMED PERIOD OF REPORT:	20250319
FILED AS OF DATE:		20250319
DATE AS OF CHANGE:		20250319

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SUNCOR ENERGY INC
		CENTRAL INDEX KEY:			0000311337
		STANDARD INDUSTRIAL CLASSIFICATION:	PETROLEUM REFINING [2911]
		ORGANIZATION NAME:           	01 Energy & Transportation
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			A0
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-12384
		FILM NUMBER:		25751104

	BUSINESS ADDRESS:	
		STREET 1:		P.O. BOX 2844
		STREET 2:		150 - 6TH AVENUE S.W.
		CITY:			CALGARY
		STATE:			A0
		ZIP:			T2P 3E3
		BUSINESS PHONE:		403-296-8000

	MAIL ADDRESS:	
		STREET 1:		P.O. BOX 2844
		STREET 2:		150 - 6TH AVENUE S.W.
		CITY:			CALGARY
		STATE:			A0
		ZIP:			T2P 3E3

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SUNCOR INC
		DATE OF NAME CHANGE:	19970430

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	GREAT CANADIAN OIL SANDS & SUN OIL CO LTD
		DATE OF NAME CHANGE:	19791129
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>tm259647d1_6k.htm
<DESCRIPTION>FORM 6-K
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>FORM 6-K</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">SECURITIES AND EXCHANGE COMMISSION</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">WASHINGTON, D.C. 20549</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Report of Foreign Private Issuer</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Pursuant to Rule&nbsp;13a - 16 or 15d - 16 of</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">the Securities Exchange Act of 1934</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">For the month of:&#8239;&#8239;&#8239;March, 2025</FONT></TD>
    <TD STYLE="width: 50%; font-size: 10pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">Commission File Number:&#8239;&#8239;&#8239;1-12384</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SUNCOR ENERGY INC.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Name of registrant)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>150 &ndash; 6th Avenue S.W.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>P.O.&nbsp;Box 2844</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Calgary, Alberta</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Canada, T2P 3E3</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Indicate by check mark whether the registrant
files or will file annual reports under cover of Form&nbsp;20-F or Form&nbsp;40-F:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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    <TD STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; width: 20%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Form&nbsp;20-F </FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 20%">&nbsp;<FONT STYLE="font-family: Wingdings">&#168;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 20%">&nbsp;</TD>
    <TD STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; width: 20%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Form&nbsp;40-F </FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 20%"><FONT STYLE="font-family: Wingdings">&#120;</FONT>&nbsp;</TD></TR>
  </TABLE>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SIGNATURES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>SUNCOR ENERGY INC.</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Date:</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P></TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">By:</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; width: 48%">March 19, 2025</TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="text-align: center; width: 47%"><I>&ldquo;Shawn Poirier&rdquo;</I></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: Black 1pt solid">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P></TD>
    <TD STYLE="border-top: Black 1pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Shawn Poirier</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Assistant Corporate Secretary</P></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>EXHIBIT&nbsp;INDEX</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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    <TD STYLE="border-bottom: Black 1pt solid; width: 20%; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Exhibit</B></FONT></TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 78%; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Description of Exhibit</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center"><A HREF="tm259647d1_ex99-1.htm"><FONT STYLE="font-family: Times New Roman, Times, Serif">99.1</FONT></A></TD>
    <TD>&nbsp;</TD>
    <TD><A HREF="tm259647d1_ex99-1.htm"><FONT STYLE="font-family: Times New Roman, Times, Serif">Standards of Business Conduct Code and Compliance Program</FONT></A></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>tm259647d1_ex99-1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; margin: 0pt 0"><B>Exhibit 99.1</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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  <TR>
    <TD STYLE="vertical-align: bottom"><IMG SRC="image_001.jpg" ALT="" STYLE="height: 49px; width: 144px"></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>POLICY STATEMENT</I></B></FONT></TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD COLSPAN="2">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>BUSINESS CONDUCT</B></FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>Number:&#8239;&#8239;&#8239;CO-PS03</I></B></FONT></TD></TR>
  <TR>
    <TD COLSPAN="2">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; width: 33%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>Date Developed:&#8239;&#8239;&#8239;&#8239;October&nbsp;2003</I></FONT></TD>
    <TD STYLE="text-align: center; width: 34%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>Revision
    Date:&nbsp;&nbsp;February&nbsp;6, 2021</I></FONT></TD>
    <TD STYLE="text-align: right; width: 33%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>Last Reviewed
    on: March&nbsp;6, 2025</I></FONT></TD></TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  <TR>
    <TD COLSPAN="3"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>Document Owner:&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;CEO&nbsp;&amp;
    Executive Leadership Team Members</I></FONT></TD></TR>
  <TR>
    <TD COLSPAN="3">&nbsp;</TD></TR>
  <TR>
    <TD COLSPAN="3"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>Document Contact:&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Vice-President
    Legal Affairs, Corporate</I></FONT></TD></TR>
  <TR STYLE="font-size: 5pt">
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; font-size: 5pt">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">At Suncor Energy, sound legal and ethical business
practices are fundamental to our sustainability. Our values and beliefs reinforce our commitment to ethical leadership. To meet this
commitment, Suncor will provide detailed policy guidance to our employees and contract workers about our standards of business conduct.
We will implement processes to assist our people to understand our expectations for ethical conduct and compliance with all applicable
laws. We will encourage dialogue to clarify uncertainty, and create opportunities for our people to communicate concerns without fear
of reprisal. We will monitor our ethical environment, and will report about it to Suncor&rsquo;s board of directors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">We also communicate our expectations to those
parties who conduct business with us through Suncor&rsquo;s Supplier Code of Conduct. All third party contractors and suppliers engaged
through Suncor&rsquo;s supply chain are required to observe and comply with our Supplier Code of Conduct, which sets out the same expectations
for ethical conduct and compliance with laws that we expect of our employees and contract workers, as described in our Standards of Business
Conduct Code. For contractors, suppliers and other third parties who are contractually required to comply with Suncor&rsquo;s Standards
of Business Conduct Code, the reference to our Code in your agreement is deemed to mean our Supplier Code of Conduct as of January&nbsp;1,
2018 (available at www.suncor.com).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Competition and Trade</B> &ndash; Those who
negotiate or administer our agreements, participate in industry associations or similar groups, or are involved in advertising or promotion,
are required to be familiar with local laws regarding competition and trade practices. We must compete fairly and must not engage in
prohibited or unlawful trade practices. We should identify, select and do business with suppliers who enhance our competitiveness and
who have a consistent vision of sustainability and business ethics. See Suncor&rsquo;s Policy Guidance and Standards on <I>Competition
and Trade Relations</I> for details.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B><I>Confidentiality</I></B> &ndash; Confidential
information, knowledge and data about Suncor belongs to Suncor. Our people must not disclose our confidential information, or confidential
information of others received while performing duties for Suncor, without appropriate permission. Our people must take precautions to
maintain confidentiality and are prohibited from using confidential information for personal gain. See Suncor&rsquo;s Policy Guidance
and Standards on <I>Conflict of Interest and Confidentiality</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B><I>Conflict of Interest</I></B> &ndash; Our
people must avoid any situation, including outside directorships, trustees or other affiliations, involving a conflict between their
personal or family interests and those of Suncor. Employees may serve as directors or trustees of small private businesses and non-profit
organizations that are not affiliated with Suncor, as long as the duties don&rsquo;t create a conflict of interest or interfere with
an employee&rsquo;s ability to do his or her job. Company assets, including facilities, funds and equipment, are to be used to meet Suncor
business objectives, and are not for personal use. See Suncor&rsquo;s Policy Guidance and Standards on <I>Conflict of Interest and Confidentiality</I>,
and <I>Directors, Officers, Trustees and Board Members of Outside Organizations</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B><I>Improper Payments</I></B> &ndash; Our funds
and facilities must not be used for any illegal or improper purposes. Bribery, kickbacks or any payment to a person to commit an unlawful
act, or to influence a person performing public duties, are prohibited, as is the diversion of assets for personal benefit. See Suncor&rsquo;s
Policy Guidance and Standards on <I>Prevention of Improper Payments</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B><I>Trading in Shares and Securities</I></B>
 &ndash; Our people are required to comply with all applicable laws relating to trading in our shares and securities. We will implement
appropriate practices, standards and procedures with respect to the disclosure of material information. See Suncor&rsquo;s Policy Guidance
and Standards on <I>Disclosure of Material Information and Trading in Shares and Securities, Reporting Insiders </I>and <I>Trading Blackouts
for Restricted Persons </I>(the latter two PG&amp;S applicable to designated persons only).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B><I>Respect For People</I></B> - We are committed
to maintaining a business environment that is free from harassment, violence, threats of violence or intimidation. See Suncor&rsquo;s
<I>Respectful Workplace Standard</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B><I>Reports and Communications</I></B> - Our
people are required to comply with all applicable laws and professional standards relating to reporting and disclosure of financial results.
We are committed to producing quality public reports and communications, and our people are encouraged to identify issues or concerns
to ensure integrity in our processes. See Suncor&rsquo;s Policy Guidance and Standards on <I>Accounting, Reporting and Business Control,
Communications to the Public and Business Conduct Compliance Program</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Suncor's Policy Guidance and Standards, referred
to above, together comprise Suncor's Standards of Business Conduct Code.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt"></P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="border-top: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="border-top: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="border-bottom: Black 1pt solid; width: 90%"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Current versions of approved documents are maintained online. Printed copies are uncontrolled.</FONT></P></TD><TD STYLE="border-bottom: Black 1pt solid; width: 10%; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --> of 2</FONT></TD></TR></TABLE><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="text-align: left; vertical-align: top; font-size: 10pt"><IMG SRC="image_001.jpg" ALT="" STYLE="height: 49px; width: 114px"></TD>
    <TD STYLE="vertical-align: middle; text-align: center; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>POLICY
    GUIDANCE&nbsp;&amp; STANDARDS</I></B></FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: center; font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="font-size: 10pt">
    <TD COLSPAN="2" STYLE="text-align: left; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="font-size: 10pt">
    <TD COLSPAN="2" STYLE="text-align: left; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>ACCOUNTING,
    REPORTING AND BUSINESS CONTROL</B></FONT><TD STYLE="font-size: 10pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>Number:&nbsp;&nbsp;CO-050</I></B></FONT></TD></TR>
  <TR STYLE="font-size: 10pt">
    <TD COLSPAN="2" STYLE="text-align: center; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>Date Developed:&nbsp;&nbsp;January&nbsp;1,
    2003</I></FONT></TD>
    <TD STYLE="text-align: center; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>Revision
    Date: February&nbsp;6 2021</I></FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>Last
    Reviewed: March&nbsp;10, 2025</I></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>Document Owner:&#8239;&#8239;&#8239;&#8239;&#8239;<U>General
    Counsel and Chief Financial Officer</U></I></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>Document Contact:&#8239;&#8239;<U>Vice
    President and Controller</U></I></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: Black 1pt solid; width: 33%"><FONT STYLE="font-size: 5pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 34%"><FONT STYLE="font-size: 5pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 33%"><FONT STYLE="font-size: 5pt">&nbsp;</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>SCOPE AND PURPOSE</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">This policy guidance&nbsp;&amp; standard (PG&amp;S)
applies to Suncor Energy Inc. and its subsidiaries world-wide (collectively, &ldquo;Suncor&rdquo; or the &ldquo;Company&rdquo;). References
in this document to &ldquo;Suncor Personnel&rdquo; include members of the board of directors, officers, employees and independent contractors
(formerly referred to as contract workers) of Suncor. All Suncor Personnel must comply with this PG&amp;S. Supervisors and managers are
expected to promote a working environment consistent with this policy and assist Suncor Personnel within their supervision to understand
and comply with this policy.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">This document was created to ensure that Suncor&rsquo;s
financial statements and any related disclosures are free of any material misstatements or omissions and, together, fairly present, in
all material respects, the Company&rsquo;s financial condition, results of operations and cash flows.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">This PG&amp;S is subject to and forms part of
Suncor's Standards of Business Conduct Code and Compliance Program.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>GUIDANCE&nbsp;&amp; STANDARDS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">All Suncor Personnel have a responsibility to
ensure that transactions are recorded in the Company&rsquo;s accounts accurately and promptly, that any known inaccuracies, misrepresentations
or omissions are promptly identified and reported and that transactions are conducted within the appropriate level of authority and in
accordance with prescribed policies and procedures. The timely communication of this information is an integral component in Suncor&rsquo;s
accounting and reporting process.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Shareholders, regulators, management and other
stakeholders must have complete and accurate financial information in order to make informed decisions. Financial statements and any
related disclosures should be free of any material misstatements or omissions and, together, should fairly present, in all material respects,
the Company&rsquo;s financial condition, results of operations and cash flows.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">To accomplish this, the Company:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 13.5pt"><FONT STYLE="font-size: 12pt">&bull;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Maintains
                                            a system of books, records and accounts for the complete capture of transactions. Adheres
                                            to appropriate accounting and delegation policies and practices for the classification and
                                            reporting of these transactions.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD><FONT STYLE="font-size: 12pt">&bull;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Maintains
                                            an effective control environment (policies, procedures, and authorities) over the recording
                                            and reporting of these transactions, including related approval and access authorities.</FONT></TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

<!-- Field: Page; Sequence: 3; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-family: Arial, Helvetica, Sans-Serif"><TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top"><TD STYLE="padding-top: 10pt; padding-bottom: 5.4pt; font: 10pt Times New Roman, Times, Serif; border-top: Black 1pt solid; width: 63%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ACCOUNTING, REPORTING AND BUSINESS CONTROLS</FONT></TD><TD STYLE="padding-top: 10pt; font: 10pt Times New Roman, Times, Serif; border-top: Black 1pt solid; text-align: right; width: 37%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Last
Reviewed: March 2025</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt"></P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="border-top: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="border-top: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="border-bottom: Black 1pt solid; width: 90%"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Current versions of approved documents are maintained online. Printed copies are uncontrolled.</FONT></P></TD><TD STYLE="border-bottom: Black 1pt solid; width: 10%; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --> of 2</FONT></TD></TR></TABLE><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt">
<TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 13.5pt"><FONT STYLE="font-size: 12pt">&bull;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Regularly
                                            analyzes the quality and value of the Company&rsquo;s accounts making adjustments as required.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD><FONT STYLE="font-size: 12pt">&bull;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Exercises
                                            due diligence through disclosure processes to ensure full and fair representation of Company
                                            results prepared in accordance with applicable securities laws.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD><FONT STYLE="font-size: 12pt">&bull;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Ensures
                                            the timely provision of this information to decision-makers.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD><FONT STYLE="font-size: 12pt">&bull;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Explains
                                            and interprets its business and results of operations in annual and quarterly Management&rsquo;s
                                            Discussion and Analysis prepared in accordance with applicable securities laws and in a manner
                                            that is clear, concise and meaningful.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Suncor Personnel participate in accounting and
reporting processes that directly impact the integrity of external financial statements, internal management reports and any related
disclosures. Suncor Personnel have a responsibility to ensure that transactions are recorded in the Company&rsquo;s accounts accurately
and promptly. Suncor Personnel must immediately report any known inaccuracies. Misrepresentations or omissions that result from intentional
acts that may conceal or obscure the true nature of a transaction are clear contraventions of this PG&amp;S, and any individual engaging
in such acts in contravention of this PG&amp;S will be subject to disciplinary action, which may include immediate dismissal, in addition
to other potential legal consequences.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In addition, Company policies, procedures, and
authorities exist to ensure that the business objectives of the Company are achieved in the proper manner. Managers and supervisors must
ensure that an effective system of business controls is in place for their area of responsibility. Suncor Personnel must ensure that
transactions are conducted within their level of authority and in accordance with prescribed policies and procedures. Suncor Personnel
who are aware of significant deficiencies in or contraventions of the control environment should report their concerns in accordance
with Company policy. If employees view any policies, procedures or authorities to be inappropriate or outdated, they should not ignore
them, but should report the specifics to the attention of management for appropriate action.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>EXCEPTIONS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">None</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>REFERENCES TO RELATED DOCUMENTS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B><I>Business Conduct Policy Statement</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B><I>Business Conduct Code and Compliance Program
PG&amp;S</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B><I>Improper Payments PG&amp;S</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B><I>Delegation of Authority PG&amp;S</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">This document replaces &ldquo;Policy 309 Accounting,
Reporting and Business Controls&rdquo;.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-family: Arial, Helvetica, Sans-Serif"><TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top"><TD STYLE="padding-top: 10pt; padding-bottom: 5.4pt; font: 10pt Times New Roman, Times, Serif; border-top: Black 1pt solid; width: 63%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ACCOUNTING, REPORTING AND BUSINESS CONTROLS</FONT></TD><TD STYLE="padding-top: 10pt; font: 10pt Times New Roman, Times, Serif; border-top: Black 1pt solid; text-align: right; width: 37%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Last Reviewed: March 2025</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt"></P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="border-top: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="border-top: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="border-bottom: Black 1pt solid; width: 90%"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Current versions of approved documents are maintained online. Printed copies are uncontrolled.</FONT></P></TD><TD STYLE="border-bottom: Black 1pt solid; width: 10%; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --> of 7</FONT></TD></TR></TABLE><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
<TD STYLE="width: 33%"><IMG SRC="image_001.jpg" ALT="" STYLE="height: 49px; width: 144px"></TD>
<TD STYLE="text-align: center; width: 34%; vertical-align: middle"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>POLICY
GUIDANCE &amp; STANDARDS</I></B></FONT></TD>
<TD STYLE="text-align: left; width: 33%; vertical-align: middle">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="width: 33%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>COMMUNICATIONS TO THE PUBLIC</B></FONT></TD>
    <TD STYLE="width: 34%">&nbsp;</TD>
    <TD STYLE="text-align: right; width: 33%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>Number:&nbsp;&nbsp;CO-049</I></FONT></TD></TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>Date Developed:&nbsp;&nbsp;September 12, 2001</I></FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>Revision Date: February
    6, 2021</I></FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>Last Reviewed on: March
    10, 2025</I></FONT></TD></TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD COLSPAN="3"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>Document Owner:&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>General
    Counsel; Executive Vice President, Business Services; and Chief Financial Officer</U></I></FONT></TD></TR>
  <TR>
    <TD COLSPAN="3">&nbsp;</TD></TR>
  <TR>
    <TD COLSPAN="3"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>Document Contacts:&#8239;&#8239;&#8239;<U>Vice
    President Legal Affairs, Corporate; and Vice President, Sustainability &amp; Communications</U></I></FONT></TD></TR>
  <TR>
    <TD COLSPAN="3" STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-size: 5pt">&nbsp;</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>SCOPE AND PURPOSE</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">This policy guidance &amp; standard (PG&amp;S)
applies to Suncor Energy Inc. and its subsidiaries world-wide (collectively &ldquo;Suncor&rdquo; or the &ldquo;Company&rdquo;). All Suncor
Personnel must comply with this PG&amp;S. References in this document to &ldquo;Suncor Personnel&rdquo; include members of the board
of directors, officers, employees and independent contractors (formerly referred to as contract workers) of Suncor.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">All Suncor Personnel whose principal job responsibilities
or accountabilities are in the areas of communications or investor relations, and all Suncor officers with a position of Vice President,
General Manager or higher, must be thoroughly familiar with this PG&amp;S, and for such individuals, this PG&amp;S is subject to and
forms part of Suncor's Standards of Business Conduct Code and Compliance Program.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">One of the cornerstones of securities laws, including
the requirements of securities commissions and stock exchanges (&ldquo;Securities Laws&rdquo;), is that all persons investing in securities
have equal access to information that may affect investment decisions, and that all material information be promptly and generally disclosed
to the public. The objectives of this Policy Guidance and Standard on Public Communications, in conjunction with Suncor&rsquo;s Standards
of Business Conduct Policies on <B>&ldquo;Disclosure of Material Information and Trading in Shares and Securities&rdquo; </B>and <B>&ldquo;Conflict
of Interest and Confidentiality&rdquo;</B>, are to ensure that Suncor has appropriate processes in place to communicate to the public
in a timely, factual and accurate manner, and to communicate material information in a way that constitutes general disclosure in accordance
with Securities Laws.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>GUIDANCE &amp; STANDARDS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">INDEX</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1.</FONT></TD><TD>Communications
                                            to the Public - Defined</TD></TR></TABLE>

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<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2.</FONT></TD><TD>Securities
                                            Laws &amp; General Disclosure of Material Information</TD></TR></TABLE>

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<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">3.</FONT></TD><TD>Spokespersons</TD></TR></TABLE>

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<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4.</FONT></TD><TD>Rumours</TD></TR></TABLE>

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<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">5.</FONT></TD><TD>Communications
                                            with Financial Analysts &amp; Investors</TD></TR></TABLE>

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<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">6.</FONT></TD><TD>Inadvertent
                                            Selective Disclosure</TD></TR></TABLE>

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<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">7.</FONT></TD><TD>Conference
                                            Calls</TD></TR></TABLE>

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<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">8.</FONT></TD><TD>Annual
                                            Outlook</TD></TR></TABLE>

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<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">9.</FONT></TD><TD>News
                                            Releases</TD></TR></TABLE>

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<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">10.</FONT></TD><TD>Speeches
                                            and Public Presentations</TD></TR></TABLE>

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<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">11.</FONT></TD><TD>Material
                                            Announcements</TD></TR></TABLE>

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<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">12.</FONT></TD><TD>Review
                                            of Analyst Reports</TD></TR></TABLE>

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<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">13.</FONT></TD><TD>Distribution
                                            of Analyst Reports</TD></TR></TABLE>

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<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">14.</FONT></TD><TD>Forward
                                            Looking Information</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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Reviewed: March 2025</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="width: 70%; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-top: 10pt; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Current versions of approved documents are maintained online. Printed copies are uncontrolled.</FONT></TD><TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-top: 10pt; text-align: right; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --> of 7</FONT></TD></TR></TABLE></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">15.</FONT></TD><TD>Quiet
                                            Period</TD></TR></TABLE>

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<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">16.</FONT></TD><TD>Internet,
                                            Intranet &amp; Extranet</TD></TR></TABLE>

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<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">17.</FONT></TD><TD>Disclosure
                                            Archive</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-weight: normal; text-decoration: none">&nbsp;</FONT></P>

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<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1.</FONT></TD><TD STYLE="text-align: justify">COMMUNICATIONS
                                            TO THE PUBLIC - DEFINED</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">This PG&amp;S applies to all of the Company&rsquo;s
communications to the public. A <I>communication to the public</I> is a communication made under any circumstances where it is placed
in, or is likely to enter, the public domain, and can include communication to employees generally, that is not expressly subject to
an obligation of confidence<B>. </B>Suncor&rsquo;s communications to the public include, but are not limited to:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

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<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify">formal
                                            written documents such as shareholder reports, annual information forms, press releases,
                                            proxy circulars and financial statements (including management&rsquo;s discussion and analysis);</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify">newsletters,
                                            letters to shareholders, environment and social responsibility reports that are made generally
                                            available outside the Company;</TD></TR></TABLE>

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<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify">internal
                                            and external web site (or intranet) content;</TD></TR></TABLE>

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<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify; padding-right: 0.5in">investor
                                            presentations, advertising and marketing literature;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify; padding-right: 0.5in">employee
                                            newsletters; and</TD></TR></TABLE>

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<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify">oral
                                            presentations by Suncor Personnel on behalf of Suncor, such as speeches, investor presentations
                                            and analyst / media conferences, professional and industry conferences, interviews and meetings,
                                            whether or not stated to be on a &ldquo;confidential&rdquo; or &ldquo;off the record&rdquo;
                                            basis.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

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<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2.</FONT></TD><TD STYLE="text-align: justify">SECURITIES
                                            LAWS &amp; GENERAL DISCLOSURE OF MATERIAL INFORMATION</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Under Securities Laws, <I>general disclosure
</I>requires two things: (1) broad public dissemination; and (2) sufficient time thereafter for public investors to analyze the information.
For the purposes of this standard, <I>&ldquo;broad public dissemination&rdquo;</I> is achieved through a news release distributed through
a widely circulated news or wire service that provides simultaneous national and/or international distribution, including distribution
to all applicable stock exchanges and securities regulatory authorities, as well as major financial media.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Posting of material information on our web site
should occur concurrently with or shortly after the news release, but posting alone is not broad public dissemination. A press conference
or conference call may be scheduled for a time shortly following the news release.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In addition, Securities Laws recognize that time
is required for markets to absorb the impact of such information, although the applicable period of time is not prescribed by law. Under
stock exchange practices, trading halts pending material announcements ordinarily last for periods of between one half hour and two hours.
Accordingly, for the purposes of this PG&amp;S, under most circumstances, a period of two hours following distribution via newswire must
elapse before information is deemed to be broadly and publicly disseminated.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Suncor
has a Material Information Committee</FONT>. One of the roles of this committee is to assist the Chief Executive Officer (&ldquo;CEO&rdquo;),
or in his or her absence, the Chief Financial Officer (&ldquo;CFO&rdquo;), in making judgments on materiality and other disclosure issues.
Suncor Personnel who become aware of information that they believe is material and not within the knowledge of Suncor&rsquo;s management,
should refer to the PG&amp;S relating to <B>&ldquo;Disclosure of Material Information &amp; Trading in Shares &amp; Securities&rdquo;
</B>for guidance.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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Reviewed: March 2025</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="width: 70%; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-top: 10pt; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Current versions of approved documents are maintained online. Printed copies are uncontrolled.</FONT></TD><TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-top: 10pt; text-align: right; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence --> of 7</FONT></TD></TR></TABLE></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

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<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">3.</FONT></TD><TD STYLE="text-align: justify">SPOKESPERSONS</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
primary spokespersons for the Company are the CEO, Chief Operating Officer (&ldquo;COO&rdquo;), CFO, Executive Vice President and Chief
Sustainability Officer, Vice President, Sustainability &amp; Communications, Vice President, Investor Relations, Director, Strategic
Communications &amp; Content Strategy and Manager, Media &amp; Issues Management. Within each business unit, the chief executive of that
business unit is a designated spokesperson for that business unit. These spokespersons may, from time to time, designate others to communicate
on behalf of the Company either in their absence or in response to a specific enquiry or category of enquiry. The spokespersons named
above shall keep a current written list of other such designated spokespersons and shall ensure that the list is available to the communications
departments in each of Suncor&rsquo;s businesses, including the corporate office. Suncor Personnel other than the appropriate designated
spokespersons shall not </FONT>issue communications to nor respond to enquiries about Suncor from the media, members of the investment
community, or other members of the public. Suncor Personnel shall promptly refer all such enquiries to the appropriate designated spokesperson
or, in cases of doubt, the Vice President, Sustainability &amp; Communications or the Vice President, Investor Relations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

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<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4.</FONT></TD><TD STYLE="text-align: justify">RUMOURS</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">It is Suncor&rsquo;s standard policy not to confirm
or deny market rumours or speculation. If a stock exchange or a securities regulatory authority requests the Company to issue a statement
in response to such rumours or speculation, the Material Information Committee will consider the matter and authorize the appropriate
response. In addition, the Vice President, Investor Relations or Vice President, Sustainability &amp; Communications, may, where it is
deemed appropriate, in their discretion, and where it will not otherwise constitute selective disclosure or otherwise contravene this
PG&amp;S, correct misinformation in the public domain that may arise from spurious rumours that are not widespread and not reasonably
expected to impact the market.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

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<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">5.</FONT></TD><TD STYLE="text-align: justify">COMMUNICATIONS
                                            WITH FINANCIAL ANALYSTS &amp; INVESTORS</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The CEO, COO, CFO or Vice President, Investor
Relations, must approve all written materials and oral presentations to the investment community, including financial analysts and investors.
All such presentations shall be derived from the Company&rsquo;s public disclosure record and shall be vetted by one of the foregoing
or a delegate, and by the Disclosure Committee, to ensure consistency and conformity with same. Under no circumstances shall material
non-public information be provided to any person (including without limitation any member of the media or investment community) prior
to <I>general disclosure </I>(this practice, which is unlawful, is called &ldquo;Selective Disclosure&rdquo;), except under the limited
circumstances permitted by Securities Laws.<SUP>1</SUP></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The CEO, COO, CFO or Vice President, Investor
Relations, or their delegates, will attend all meetings with the investment community. Unless authorized by a member of the Material
Information Committee, at least two designated spokespersons from the Company must be present at all meetings with the investment community.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><SUP>1</SUP> Under Securities Laws, certain information
may be disclosed without violating the law, where disclosure is in the necessary course of business and is made in circumstances designed
to ensure there will be no misuse of the information. In appropriate circumstances, this exception could cover, on a &ldquo;need to know&rdquo;
basis, vendors, suppliers or strategic partners, employees, officers and board members, lenders, legal counsel, auditors, financial advisors,
underwriters, parties to negotiations, labor unions and industry associations, government agencies and non-governmental regulators, and
credit rating agencies. Under these circumstances a written confidentiality agreement or other assurance of confidentiality is required
to ensure the information will not be used unlawfully. Only those persons expressly authorized to disclose information in these circumstances
may do so. This exception does not permit a company to make a selective disclosure to the media, an analyst, an institutional investor
or other market professional.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="border-top: Black 1pt solid; padding-top: 10pt; width: 50%; font-size: 10pt"><P STYLE="margin-top: 0; margin-bottom: 0">COMMUNICATIONS TO THE PUBLIC</P><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P></TD><TD STYLE="border-top: Black 1pt solid; padding-top: 10pt; width: 50%; text-align: right; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Last
Reviewed: March 2025</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="width: 70%; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-top: 10pt; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Current versions of approved documents are maintained online. Printed copies are uncontrolled.</FONT></TD><TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-top: 10pt; text-align: right; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->4<!-- Field: /Sequence --> of 7</FONT></TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 31.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">6.</FONT></TD><TD STYLE="text-align: justify">INADVERTENT
                                            SELECTIVE DISCLOSURE</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">If material non-public information is inadvertently
disclosed selectively, the Company will take immediate action to achieve general disclosure of the material information as soon as possible,
and in any event within 24 hours of discovering there has been inadvertent Selective Disclosure. The Material Information Committee will
be promptly informed of such inadvertent Selective Disclosure and may provide direction as to any steps to be taken by the Company pending
general disclosure, which may include requesting a trading halt.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 31.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">7.</FONT></TD><TD STYLE="text-align: justify">CONFERENCE
                                            CALLS</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Suncor maintains a policy of open communication
with stakeholders subject to business exigencies including maintenance of Suncor&rsquo;s competitive position, and compliance with legal
obligations including confidentiality obligations and Securities Laws. Accordingly, where practical, Suncor will hold conference calls
for the purpose of discussing annual and quarterly earnings, outlook and outlook updates, and major corporate developments. All such
conference calls shall be preceded by a news release and Suncor web site announcement describing how the call may be accessed, and may
also be announced by direct invitations to analysts, investors, the media and other particular interest groups, to permit all interested
persons to participate either on an interactive or &ldquo;listen-only&rdquo; basis, as appropriate in the circumstances. In general,
the public will be provided with &ldquo;listen-only&rdquo; access to investor and media conference calls. An audio recording of the call
will be made available to the public on the Company&rsquo;s web site for a period of 90 days following the date of the conference call.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 31.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">8.</FONT></TD><TD STYLE="text-align: justify">ANNUAL
                                            OUTLOOK</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company shall issue an annual outlook before
or early in each financial year to assist the investment community in understanding the Company&rsquo;s expectations for key performance
factors. The performance factors to be addressed in the outlook will be determined by the CFO and/or the Vice President, Investor Relations.
Prior to issuance, the outlook release shall be vetted by the Company&rsquo;s Disclosure Committee and reviewed and approved by the Audit
Committee of the Company&rsquo;s board of directors. The outlook shall be reviewed quarterly and otherwise at such time or times as the
CFO determines. In addition, should any material events or circumstances occur that the CFO reasonably believes will materially alter
the issued outlook including any update thereto, the Company shall promptly issue an update. The Company shall establish and implement
reasonable due diligence procedures for preparation of the outlook and updates thereto. The Company&rsquo;s outlook and all updates to
same shall be broadly and publicly disseminated.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">9.</FONT></TD><TD STYLE="text-align: justify">NEWS
                                            RELEASES</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">All news releases issued by Suncor containing
business information that would be of general interest to the investment community or that contains otherwise sensitive information,
must be approved by Corporate legal counsel. Ideally the following additional approvals are required, in addition to approval by Corporate
legal counsel, prior to these documents being issued:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="border: Black 1pt solid; width: 50%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>TYPE
    OF INFORMATION</B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; width: 50%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>APPROVAL
    BY:</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Information
    relevant to the investment community</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Vice
    President, Investor Relations, CFO, COO and CEO, or delegate</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Financial
    or other quantitative information that has not been previously disclosed</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">CFO
    or Vice President, Controller, or delegate*</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Other
    sensitive information</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
    applicable Executive or Senior Vice President, the COO, the CEO, or delegate</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Material
    information</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">See
    &ldquo;Material Announcements&rdquo; below</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">*In some circumstances the release of significant
financial information may require approval of the Audit Committee of the Company&rsquo;s board of directors and of the Disclosure Committee,
as determined by the CFO or Vice President and Controller in accordance with criteria approved by the Audit Committee from time to time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<!-- Field: Page; Sequence: 8; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="border-top: Black 1pt solid; padding-top: 10pt; width: 50%; font-size: 10pt"><P STYLE="margin-top: 0; margin-bottom: 0">COMMUNICATIONS TO THE PUBLIC</P><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P></TD><TD STYLE="border-top: Black 1pt solid; padding-top: 10pt; width: 50%; text-align: right; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Last
Reviewed: March 2025</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="width: 70%; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-top: 10pt; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Current versions of approved documents are maintained online. Printed copies are uncontrolled.</FONT></TD><TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-top: 10pt; text-align: right; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->5<!-- Field: /Sequence --> of 7</FONT></TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">As news releases may have to be issued on short
notice, there may be circumstances where not all approvals will be obtained on a timely basis. In that situation the Vice President,
Sustainability &amp; Communications or the Director, External Communications, together with those approving officers who are available
to provide approval, shall exercise judgment in making a decision to release news even though all approvals have not been obtained.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In all cases, it is the responsibility of the
Director, External Communications to ensure the information contained is accurate and aligned with prior disclosure and future business
strategies. This may mean that review by a variety of experts in Corporate and/or the business units, may also be required.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">10.</FONT></TD><TD STYLE="text-align: justify">SPEECHES
                                            AND PUBLIC PRESENTATIONS</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">When
Suncor Personnel are asked to make a public presentation on behalf of Suncor, if they will be presenting information that is not already
on the public record, they must ensure that they have, or receive, the authorization of a designated spokesperson. All speeches or other
public presentations that contain previously undisclosed </FONT>business information that would be of general interest to the investment
community, or that contain otherwise sensitive information, must also be approved in the same manner as news releases (see above) and
in addition, must be approved by the Vice President, Sustainability &amp; Communications or the Director, External Communications. Except
with the approval of the Material Information Committee, material announcements shall not be made solely through speeches or public presentations,
but rather must be made in a manner which constitutes broad public dissemination, discussed below.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">11.</FONT></TD><TD STYLE="text-align: justify">MATERIAL
                                            ANNOUNCEMENTS</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Material announcements shall be made in a manner
that constitutes <I>broad public dissemination</I> of information in accordance with applicable Securities Laws. Where practical, material
announcements shall be made in the manner specified under Section 2 of this PG&amp;S.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In addition, if practical, the following actions
will be taken in conjunction with material announcements:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify">If
                                            a stock exchange upon which Suncor&rsquo;s securities are listed is open for trading at the
                                            time of a proposed material announcement, prior notice of the possibility of such material
                                            announcement will be provided to the market surveillance department to enable a trading halt,
                                            if deemed necessary.</TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify">Pending the public
                                            release of the material information, and if deemed necessary by the Material Information
                                            Committee, a trading ban will be implemented for all Suncor personnel who have knowledge
                                            of the information, pending general disclosure of the information.</TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify">Section 10 of this
                                            PG&amp;S applies to all material announcements. In addition, the Material Information Committee
                                            may at any time impose additional requirements relating to material announcements.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">12.</FONT></TD><TD STYLE="text-align: justify">REVIEW
                                            OF ANALYST REPORTS</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Except in a quiet period (see &ldquo;Quiet Period&rdquo;
below), the Vice President, Investor Relations, or other officer of the Company designated by the CEO, COO, CFO or Vice President, Investor
Relations, may review financial analyst&rsquo;s reports or models upon request. Comment on same shall be limited to factual information
and underlying assumptions, provided that no such comment shall be made that would constitute prohibited <I>Selective Disclosure</I>.
Under no circumstances shall a financial analyst&rsquo;s report or opinions expressed therein be confirmed, denied or corrected by the
Company (including without limitation by expression of comfort or discomfort with same) either explicitly or implicitly.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<!-- Field: Page; Sequence: 9; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="border-top: Black 1pt solid; padding-top: 10pt; width: 50%; font-size: 10pt"><P STYLE="margin-top: 0; margin-bottom: 0">COMMUNICATIONS TO THE PUBLIC</P><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P></TD><TD STYLE="border-top: Black 1pt solid; padding-top: 10pt; width: 50%; text-align: right; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Last
Reviewed: March 2025</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="width: 70%; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-top: 10pt; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Current versions of approved documents are maintained online. Printed copies are uncontrolled.</FONT></TD><TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-top: 10pt; text-align: right; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->6<!-- Field: /Sequence --> of 7</FONT></TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">13.</FONT></TD><TD STYLE="text-align: justify">DISTRIBUTION
                                            OF ANALYST REPORTS</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Distribution of analyst reports by Suncor by
any means other than internal distribution on a need to know basis (including without limitation by web site hyperlink or posting) is
prohibited, as such a practice could be deemed to be endorsement of the views of the analyst by the Company. However, Suncor may maintain
on its web site a list of analysts covering the Company, with analyst contact information, provided that (1) Suncor has the analysts
(or analyst firm&rsquo;s) consent; and (2) the listing is kept current and contains a list of ALL analysts reasonably known covering
the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">14.</FONT></TD><TD STYLE="text-align: justify">FORWARD
                                            LOOKING INFORMATION</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Suncor shall not provide forecasts or projections
of future earnings (&ldquo;Forward Looking Financial Information, or &ldquo;FOFI&rdquo;) unless such FOFI has been specifically authorized
by the CFO or CEO or included in a document that has been approved by Suncor&rsquo;s board of directors or the Audit Committee thereof.
However, the Company may make forward looking statements that do not constitute FOFI to enable the public to view the Company and its
prospects and plans through the eyes of management. Such forward looking statements may include information relating to expected production
growth or decline based on known factors and trends, capital spending plans, plans for new projects and other aspects of the Company&rsquo;s
business.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Forward looking statements in written documents
will be clearly identified as forward looking. These statements will be accompanied with meaningful and proximate cautionary language
that warns investors that there is a risk the statements could change materially, identifies material assumptions upon which the forward
looking statements are based and where appropriate and practical includes a sensitivity analysis to indicate the extent to which different
business conditions could affect actual outcomes. Oral forward looking statements, including such statements in conference calls, speeches
or at shareholder or investor meetings, will be similarly qualified with oral cautionary statements to the same effect. Forward looking
statements will also be accompanied by a statement that disclaims the Company&rsquo;s intention or obligation to update or revise same,
whether as a result of new information, future events or otherwise, unless the Company is otherwise required to do so under relevant
securities laws. Notwithstanding this disclaimer, where management believes any material forward looking statement was materially inaccurate
when given, or in light of subsequent events or circumstances becomes materially inaccurate, Suncor shall take appropriate steps to update
or correct such forward looking information by appropriate means.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><I>&nbsp;</I></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">15.</FONT></TD><TD STYLE="text-align: justify">QUIET
                                            PERIOD</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Designated spokespersons will not comment to
the media or investment community about the Company&rsquo;s earnings prospects during the quarterly &ldquo;quiet periods&rdquo; which
will begin when the preliminary quarterly financial results (&ldquo;quick fix&rdquo;) are circulated internally, and end following broad
public dissemination of such financial results. The sole exception to the foregoing is that the Company may update its quarterly outlook
during a quiet period by broad public dissemination of a guidance release and by analyst/media conference call in accordance with the
procedures outlined in this standard, and may comment on its quarterly guidance update for a brief period of time after public release
if such comment is limited to the public record (including the update and associated analyst / media call) and does not constitute <I>Selective
Disclosure</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><I>&nbsp;</I></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">16.</FONT></TD><TD STYLE="text-align: justify">INTERNET,
                                            INTRANET, EXTRANET AND SOCIAL MEDIA</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Suncor maintains Internet, Intranet and Extranet
sites and Social Media (as defined in Suncor&rsquo;s Social Media Standard) that contain information directed to a variety of users including
the media, investment community and Suncor Personnel. All such information is considered a public communication and, therefore, is subject
to this PG&amp;S. Accordingly, Suncor Personnel who are responsible for the content of Suncor&rsquo;s communications to the public are
also responsible for the content of Suncor&rsquo;s web sites and Suncor&rsquo;s Social Media Tools (as defined in Suncor&rsquo;s Social
Media Standard. Such responsible Suncor Personnel shall ensure that the information on the web site and Suncor&rsquo;s Social Media Tools
is up-to-date, not misleading, and includes appropriate cautionary language where warranted (see &ldquo;forward looking information&rdquo;),
and shall ensure that no information is included on the web site or Suncor&rsquo;s Social Media Tools that is material and has not been
broadly and publicly disseminated.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="border-top: Black 1pt solid; padding-top: 10pt; width: 50%; font-size: 10pt"><P STYLE="margin-top: 0; margin-bottom: 0">COMMUNICATIONS TO THE PUBLIC</P><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P></TD><TD STYLE="border-top: Black 1pt solid; padding-top: 10pt; width: 50%; text-align: right; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Last
Reviewed: March 2025</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="width: 70%; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-top: 10pt; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Current versions of approved documents are maintained online. Printed copies are uncontrolled.</FONT></TD><TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-top: 10pt; text-align: right; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->7<!-- Field: /Sequence --> of 7</FONT></TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in; text-align: left">17.</TD><TD STYLE="text-align: justify">DISCLOSURE ARCHIVE</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Suncor shall maintain an archive containing all publicly disclosed
information about the Company, which shall include at a minimum, the following:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="border: Black 1pt solid; width: 67%; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>DOCUMENT</B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; width: 33%; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>ARCHIVE
    RESPONSIBILITY</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">All
    documents required to be filed under Securities Laws</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Corporate
    Legal Department</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">All
    news releases</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Corporate
    Communications</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">All
    broadly distributed environment and social responsibility reports</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Corporate
    Communications</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">All
    transcripts or audio recordings of conference calls</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Investor
    Relations</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">All
    Investor Relations presentations</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Investor
    Relations</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Public
    speeches made by senior executives</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Corporate
    Communications</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Such information shall be retained by the responsible department for
a minimum period of five years.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>EXCEPTIONS</B></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-weight: normal">None</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>REFERENCES TO RELATED DOCUMENTS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B><I>Business Conduct Policy Statement</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B><I>Standards of Business Conduct Code and
Compliance Program PG&amp;S</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B><I>Disclosure of Material information and
Trading in Shares and Securities PG&amp;S</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B><I>Conflict of Interest and Confidentiality
PG&amp;S</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B><I>Material Information Committee PG&amp;S</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B><I>Disclosure Committee PG&amp;S</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B><I>Social Media Policy and Social Media Standards</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B><I>French Language Policy in Canada</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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Reviewed: March 2025</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="width: 70%; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-top: 10pt; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Current versions of approved documents are maintained online. Printed copies are uncontrolled.</FONT></TD><TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-top: 10pt; text-align: right; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Page
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      1 of 19</FONT></TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
<TD STYLE="width: 33%"><IMG SRC="image_001.jpg" ALT="" STYLE="height: 49px; width: 144px"></TD>
<TD STYLE="text-align: center; width: 34%; vertical-align: middle"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>POLICY
GUIDANCE &amp; STANDARDS</I></B></FONT></TD>
<TD STYLE="text-align: left; width: 33%; vertical-align: middle">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="width: 33%"><B>COMPETITION</B></TD>
    <TD STYLE="width: 34%">&nbsp;</TD>
    <TD STYLE="text-align: right; width: 33%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>Number:&nbsp;&nbsp;CO-051</I></FONT></TD></TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>Date Developed:&nbsp;&nbsp;August&nbsp;26, 1993</I></FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>Revision Date: February
    6, 2021</I></FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>Last Reviewed : March
    10, 2025</I></FONT></TD></TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD COLSPAN="3"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>Document Owner:&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>General
    Counsel</U></I></FONT></TD></TR>
  <TR>
    <TD COLSPAN="3">&nbsp;</TD></TR>
  <TR>
    <TD COLSPAN="3"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>Document Contact:&#8239;&#8239;&#8239;<U>Vice
    President Legal Affairs, Corporate</U></I></FONT></TD></TR>
  <TR>
    <TD COLSPAN="3" STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-size: 5pt">&nbsp;</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>SCOPE AND PURPOSE</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">This policy guidance and standard (PG&amp;S)
applies to Suncor Energy Inc. and its subsidiaries world-wide (collectively &ldquo;Suncor&rdquo; or the &ldquo;Company&rdquo;). References
in this document to &ldquo;Suncor Personnel&rdquo; include members of the board of directors, officers, employees and independent contractors
(formerly referred to as contract workers) of Suncor. All Suncor Personnel must comply with this PG&amp;S.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Suncor believes in the benefits of free unhampered
competition. Applicable laws respecting the restraint of trade and the preservation and promotion of competition (&ldquo;Competition
Law&rdquo;) are designed to protect the efficiency of the economy and our free enterprise system. Compliance with Competition Law is
an essential ingredient of responsible corporate citizenship in all countries where Suncor conducts business. Competition Law should
be complied with and supported, not only because it is the law but also because Suncor believes in the competitive principles that it
represents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">This PG&amp;S is subject to and forms part of
Suncor&rsquo;s Standards of Business Conduct Code and Compliance Program.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>STANDARDS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Suncor shall in the conduct of its business (a)&nbsp;avoid
all practices and activities that are a violation of any provision of Competition Law in the countries in which it operates, and (b)&nbsp;support
and encourage the maintenance of a competitive economy.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Suncor must compete fairly and practices which
are not aligned with ethical business practices must be avoided, such as practices characterized by fraud, deception, bad faith or coercion.
(See also <B><I>Trade Relations PG&amp;S and Prevention of Improper Payments PG&amp;S</I></B><I>.</I>)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Any indication of conduct involving violations
of Competition Law will be promptly and thoroughly investigated. In addition to liability under the applicable Competition Law, an individual
who violates this PG&amp;S is subject to disciplinary action, which may include immediate dismissal.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Suncor operates in many jurisdictions. It is
important to seek the advice of the Legal Affairs Department of your business unit if you have any questions concerning Competition Law
as it may apply to existing or contemplated business situations or courses of action in which you are involved. Suncor Personnel engaging
in business activities in Canada are Subject to Appendix A; Suncor Personnel engaging in business activities in the United States are
subject to Appendix B; Suncor Personnel engaging in business activities in the European Union are subject to Appendix C. Certain business
activities may require compliance with laws in several jurisdictions, such as where a business activity in one country extends into another.
For example, the competition laws of both Canada and the United States will apply to the procurement of goods from a United States manufacturer
for use in Canada. In addition, the United States will enforce their competition laws for activities outside of their own country where
United States commerce is affected. There are many similarities among the laws in these jurisdictions. While basic principles of Competition
Law tend to be similar, there are local differences and specific advice should be sought from the Legal Affairs Department whenever Suncor
Personnel have questions or concerns.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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Reviewed: March 2025</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="width: 70%; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-top: 10pt; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Current versions of approved documents are maintained online. Printed copies are uncontrolled.</FONT></TD><TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-top: 10pt; text-align: right; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --> of 19</FONT></TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Finally, Appendix D sets forth some practical
suggestions for all Suncor Personnel engaging in activities which may be impacted by Competition Laws. When you have specific questions
or concerns, however, you should consult with the Legal Affairs Department for advice with respect to activity taking place in, or affecting
Canada, the United States, Europe, or other areas of the world.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Suncor also participates in a substantial number
of joint ventures. These joint ventures with competitors can involve complex and sensitive legal issues. They can also involve issues
such as procurement as well as ensuring that activities, including information exchanges with our joint venture partners, do not extend
beyond those that are in furtherance of the joint venture. Legal Affairs Department assistance should be sought to ensure Competition
Law compliance.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Supervisors and managers are expected to promote
a working environment consistent with this PG&amp;S and to assist Suncor Personnel within their supervision to understand and comply
with this PG&amp;S and abide by applicable Competition Law. Suncor Personnel are encouraged to contact the Legal Affairs Department with
competition concerns over a proposed course of action or past actions. No Suncor Personnel will be disciplined for calling a Competition
Law concern to the Legal Affairs Department&rsquo;s attention. A violation of Competition Law, however, will be grounds for appropriate
disciplinary action, up to and including dismissal.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>EXCEPTIONS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">There are no exceptions to these standards.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>REFERENCES TO RELATED DOCUMENTS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><I>Business Conduct Policy Statement</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><I>Prevention of Improper Payments PG&amp;S</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><I>Trade Relations PG&amp;S</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><I>Business Conduct Code and Compliance Program PG&amp;S</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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Reviewed: March 2025</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="width: 70%; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-top: 10pt; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Current versions of approved documents are maintained online. Printed copies are uncontrolled.</FONT></TD><TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-top: 10pt; text-align: right; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence --> of 19</FONT></TD></TR></TABLE></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>APPENDIX &ldquo;A&rdquo;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>CANADA: THE COMPETITION ACT</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The <I>Competition Act</I> establishes a set
of rules&nbsp;governing competition practices in Canada. This PG&amp;S highlights some of the more important principles of Canadian Competition
Law, but it is not a comprehensive analysis of the law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The general objective of the <I>Competition Act
</I>is to prohibit certain trade practices and arrangements that may operate to impede a competitive economy. The statutory language
has left a wide discretion to the courts in interpreting and applying the provisions of the legislation. As a result, litigation and
investigations arising from alleged violations of the <I>Competition Act</I> may be protracted, may involve extensive time of Suncor
Personnel, and may be costly in terms of legal fees, preparation for trial, fines or penalties and otherwise.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The <I>Competition Act</I> addresses a number
of practices which may have an adverse effect on competition. These practices are characterized in the <I>Act</I> as either being criminal
offences or reviewable practices. The remedies available for violation of these provisions vary according to whether the conduct is a
criminal offence or a reviewable practice.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"><B><U>THE CRIMINAL
OFFENCES</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The <I>Competition Act</I> creates a number of
criminal offences. The more important of these offences are summarized below. The <I>Competition Act </I>sets out fines and/or jail terms
for those convicted of committing such criminal offences. In addition, injured parties may bring a civil lawsuit for damages for any
harm suffered by them as a result of a violation of the criminal provisions of the <I>Competition Act</I> or an order of the Competition
Tribunal or other court under the <I>Act</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"><B>Conspiracy
To Lessen Competition.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">This is the provision of competition law &ndash;
both in Canada and elsewhere &ndash; of greatest importance and concern to Suncor and Suncor Personnel. It creates the greatest risk,
both for Suncor and Suncor Personnel.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The <I>Competition Act</I> prohibits as a criminal
offence certain agreements or conspiracies between competitors or potential competitors. Such a relationship does not have to be recorded
in writing and can be inferred from the course of conduct of two or more persons.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The essence of the offence is the conspiracy
or agreement itself. The parties do not need to do anything to carry it out. Once an agreement has been reached, the offence has been
committed even if the parties change their minds and decide that their market-sharing or price fixing conspiracy is not a good idea.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The <I>Act</I> specifically prohibits agreements
or arrangements to:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">(a)</TD><TD STYLE="text-align: justify">fix prices for the supply of a product;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">(b)</TD><TD STYLE="text-align: justify">allocate markets for the supply of a
                                            product; or</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">(c)</TD><TD STYLE="text-align: justify">restrict the production or supply of
                                            a product.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">A product includes an article and a service.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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Reviewed: March 2025</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="width: 70%; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-top: 10pt; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Current versions of approved documents are maintained online. Printed copies are uncontrolled.</FONT></TD><TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-top: 10pt; text-align: right; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->4<!-- Field: /Sequence --> of 19</FONT></TD></TR></TABLE></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The conspiracy provisions of the <I>Competition
Act</I> are among the most vigorously enforced provisions under the statute, and conviction may result in fines of up to $25 million
 &ndash; or more, for multiple charges -- and up to 14 years in prison. In addition to the criminal punishment, any person who suffers
loss or damage resulting from a breach of the conspiracy provisions of the <I>Competition Act</I> can sue to recover all loss or damages.
Accordingly, breaches of the conspiracy provisions can &ndash; and usually do &ndash; attract class action damages claims.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">It is relatively easy to understand that things
like fixing prices, allocating markets or agreements to restrain output should not be done on a stand-alone basis. However, these issues
can arise, for instance, as aspects of perfectly proper joint ventures. Therefore, careful thought is necessary whenever Suncor is dealing
with a competitor, including a joint venture partner, or buying group member, or in any capacity.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Another potential area of danger arises in trade
associations. Care must be taken to avoid any inference that illegal actions have been agreed upon between participants of trade associations,
technical societies and similar organizations at which competitors are present. While trade associations perform legitimate functions
and serve lawful purposes, meeting with competitors can be viewed as affording an opportunity to discuss competitively sensitive information
or reach agreement on price, market allocation or output. It is essential to seek legal advice from your business unit Legal Affairs
Department for these types of activities.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Clearly, not all agreements between our Company
and its competitors would lessen competition. Suncor Personnel must be prudent, and if there is any doubt, you should consult with the
Legal Affairs Department of your business unit when contemplating entering into such an arrangement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In addition to the criminal conspiracy offence,
the Commissioner of Competition can also seek orders from the Competition Tribunal prohibiting any agreement between competitors that
would have the effect of substantially lessening competition, but there are no fines or penalties associated with this provision. This
provision is discussed below.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"><B>Bid Rigging.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Bid-rigging is also a criminal offence under
the <I>Competition Act</I>. The term &ldquo;bid-rigging&rdquo; generally describes a practice whereby companies or persons who are invited
to tender for a contract secretly agree (that is, without the knowledge of the person calling for or requesting the bids or tenders)
to set the terms under which they will tender. There are several variations of this practice; the conspirators may agree on the price
to be submitted or arrange that, in consideration of future favours, one or other of them will not tender for the particular job at hand,
or may agree to withdraw bids.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">There has been considerable enforcement activity
and a number of convictions resulting in significant fines under this provision.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"><B>Misleading
Advertising.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Under the <I>Competition Act</I>, materially
misleading or false statements in promoting a product or business can be pursued as either a criminal offence or as a non-criminal reviewable
trade practice (in which case the available remedies include cease and desist orders and administrative monetary penalties). In addition,
there are several other federal statutes which prohibit misleading advertising (for example, those dealing with packaging, labelling,
and making representations via e-mail or other electronic communications). In some cases, the provincial consumer protection acts and
trade practices acts are also relevant. Provincial laws may contain advertising restrictions and deal with warranties, merchantability
and other related matters.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The <I>Competition Act</I> contains a general
prohibition relating to misleading advertising, and then goes on to list a series of practices, each of which involves a more specific
instance of the general offence of misleading advertising. Misleading advertising takes place when a representation or statement is made
to promote a product or business interest, and that representation or statement is either misleading or false in a material respect.
It is not necessary to demonstrate that the statement was intended to mislead or that in fact anyone was actually misled by the statement.
In determining whether this provision has been violated, the court will consider both the literal wording of the statements and also
the &ldquo;general impression&rdquo; given by them. A low threshold applies to a consumer&rsquo;s &ldquo;general impression&rdquo;, making
it important for statements &ndash; including any disclaimers &ndash; to be accurate and clear.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Virtually any type of statement or representation
comes within the misleading advertising provision, including statements appearing on a product, its wrap or container, and statements
online, in-store or in other point-of-purchase displays.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In addition to the general misleading advertising
offence, other activities which are prohibited under the <I>Competition Act</I> include the following:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><FONT STYLE="font-size: 10pt"><B>Performance
Claims, Warranties, Tests and Testimonials</B></FONT>: A statement about the performance, efficacy or length of life of a product may
only be made where they are supported by &ldquo;an adequate and proper test&rdquo;. In addition, statements concerning warranties or
guarantees must not be made if they are materially misleading or there is any reasonable prospect that they will not be carried out.
A representation that a test has been made as to the performance, efficacy or length of life of a product must be based on unbiased,
controlled testing that is appropriate to the claim, carried out before making the representation. Testimonials with respect to a product
or service may be used only if they are authorized, undistorted, and convey typical results a consumer can expect to achieve with the
product or service.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><FONT STYLE="font-size: 10pt"><B>Double
Ticketing and Sale Above Advertised Price</B></FONT>: Whenever two prices appear on a product, the product must be sold at the lower
price. Moreover, subject to certain exceptions, the <I>Act </I>prohibits selling any product at a price which is higher than the price
advertised for that product.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><FONT STYLE="font-size: 10pt"><B>Price
Advertising and Bait and Switch Selling</B></FONT>: The <I>Competition Act</I> contains several provisions relating to price advertising.
It is prohibited to advertise a product at a bargain price unless a reasonable supply of that product is available at that price having
regard to the nature of the market, the nature and size of business carried on by the seller and the nature of the advertisement. This
provision does not outlaw advertising products at bargain prices, but our Company must have reasonable quantities of those products which
are advertised as being on sale, to avoid allegations of &ldquo;bait and switch selling&rdquo;.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><FONT STYLE="font-size: 10pt"><B>Promotional
Contests</B></FONT>: The <I>Act</I> establishes a number of criteria which must be satisfied by all promotional contests. There are also
provisions under the <I>Criminal Code of Canada</I>, as well as under certain provincial statutes which apply to contests and other types
of promotions. Careful legal review of contest rules&nbsp;and associated promotional materials is important, as failure to comply with
certain legal requirements can be a criminal offence and may result in significant fines and imprisonment.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"><B><U>CIVIL REVIEWABLE
PRACTICES</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The <I>Competition Act</I> also provides that
in specifically defined circumstances, certain types of distribution practices may be challenged. These challenges are inherently less
risky than the criminal provisions such as conspiracy, since they do not involve criminal prosecution or penalty, nor are they as likely
to result in class action lawsuits. However, Suncor can be ordered to cease the practices or, in some cases, pay administrative monetary
penalties. These types of civil reviewable practices, including refusal to supply, exclusive dealing, tied selling, market resale restriction,
price maintenance, and other types of agreements between competitors which are not criminal but which may still injure competition, are
subject to review and if it is determined that such practice injures competition then an order prohibiting its continuance can be issued.
An order prohibiting the continuance of a practice can be onerous, particularly where Suncor has made a significant investment in such
practice. There is also a general reviewable practice of abuse of dominant market position (or monopolization). This can apply to a single
dominant firm, or a number of firms who have similar practices and do not compete vigorously or are in some way acting in concert, although
no explicit agreement is required between them. By contrast to the other provisions noted above, abuse of dominant market position can
give rise to fines (called administrative monetary penalties) of up to $15 million.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">While these reviewable practices are not criminal
offences, the Competition Tribunal may, after a hearing, judge them sufficiently anti-competitive to issue an order restraining them,
and a violation of such order could be prosecuted. The <I>Competition Act</I> permits applications by third parties to the Tribunal (with
leave) to seek remedial action in respect of some of the reviewable practices (refusal to deal, exclusive dealing, tied selling, market
restriction and price maintenance).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The reviewable practices which are of primary
concern to Suncor are the following:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"><B>Abuse of Dominant
Market Position.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Abuse of a dominant
market position occurs when a dominant firm in a market, or a dominant group of firms, engages in conduct that is intended to eliminate,
exclude, or discipline existing competitors, or to deter future entry by new competitors, with the result that competition is prevented
or lessened substantially. </FONT>While there is no market share that definitively establishes dominance, where the firm&rsquo;s market
share for a product is greater than 35%, there is some risk it will be viewed as dominant.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">A substantial lessening or prevention of competition
results when conduct is likely to create, maintain or enhance the firm&rsquo;s ability to exercise market power (e.g., raise prices or
lower the quality of services). Conduct can also prevent competition by hindering the development of future competition.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">If the Competition Tribunal finds that a practice
of anti-competitive acts is substantially lessening or preventing competition it can order that the conduct cease, it can impose administrative
monetary penalties (up to $10 million for a first occurrence or up to $15 million for subsequent occurrences), or, in extreme cases,
take other action such as mandating access to scarce resources or networks.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"><B>Agreements
Among Competitors (section 90.1).</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">This section of the <I>Competition Act</I> permits
the Competition Tribunal to issue prohibition orders in respect of existing or proposed agreements between competitors or potential competitors
that are likely to substantially lessen or prevent competition in any relevant market.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">A substantial lessening or prevention of competition
results from agreements that are likely to create, maintain or enhance the ability of the parties to the agreement to exercise market
power. For example, an agreement can lessen competition where parties to the agreement are able to sustain higher prices than would exist
in the absence of the agreement by diminishing existing competition. An agreement can also prevent competition by hindering the development
of future competition.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The civil agreements provision can apply to all
forms of agreements and arrangements between competitors, regardless of the degree of formality. Common forms of agreements between competitors
that may raise issues under this section of the <I>Competition Act</I> include commercialization agreements, information sharing agreements,
research and development agreements, joint production agreements, joint purchasing agreements and non-compete agreements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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Reviewed: March 2025</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="width: 70%; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-top: 10pt; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Current versions of approved documents are maintained online. Printed copies are uncontrolled.</FONT></TD><TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-top: 10pt; text-align: right; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->7<!-- Field: /Sequence --> of 19</FONT></TD></TR></TABLE></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"><B>Price Maintenance.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Certain actions by a seller seeking to control
the price at which his buyer disposes of a product may result in an order under the price maintenance provisions of the <I>Competition
Act</I>. Under the <I>Competition Act</I> it is a reviewable practice to have influenced upward, or discouraged the reduction of, the
price at which any other person supplies or offers to supply or advertises a product; or to establish a minimum price on the resale of
any product if the conduct results in an adverse effect on competition. The practice can involve the making of agreements or the use
of threats or promises or like means.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">It is also a reviewable practice to refuse to
supply a product to another person or to discriminate against such person because of the low pricing policy of that person. Any disciplining
of a customer by refusal to supply or by otherwise discriminating (such as by charging higher prices) because of the low pricing policy
of the customer could be a reviewable practice. It is not necessary to show that the refusal to supply arose from failure of that customer
to resell the product at a specified price. To be the subject of an order, the practices under this section must be found to have an
adverse effect on competition.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Under the <I>Act</I>, the suggestion of a resale
price or a minimum resale price is deemed to influence price upward, unless the person making the suggestion clearly indicates that it
need not be accepted and that failure to accept it would not bring about any reprisals.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In preparing suggested resale price lists, the
following or similar wording should be used:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&ldquo;The dealer is under no obligation to accept
these suggested resale prices and may sell at any price he chooses. If he chooses to sell at prices other than those suggested, he will
not suffer in any way in his business relations with Suncor or any other person over whom Suncor has control.&rdquo;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"><B>Refusal to
Deal.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Refusal to deal occurs when a person or company
is unable to obtain supply because of insufficient competition; a potential customer is willing and able to meet usual trade terms; the
product is in ample supply; the customer is materially injured by the refusal to supply; and the refusal to supply results in an adverse
effect on competition. In that situation the Competition Tribunal may order one or more suppliers of a product to accept that person
as a customer within a specified time and on usual trade terms.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"><B>Exclusive Dealing.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Exclusive dealing describes the method of product
distribution where, as a condition of supplying product to a customer, a supplier requires or induces a customer to deal only or primarily
in the supplier&rsquo;s products or that the customer not deal in the products of any of the supplier&rsquo;s competitors. One practice
which may, in certain circumstances, amount to exclusive dealing is the use of a &ldquo;requirements contract&rdquo; in which the purchaser
undertakes to purchase all of his requirements from a certain supplier.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">To make an order prohibiting this reviewable
practice or containing any other requirement to restore competition, the Competition Tribunal must make the following findings:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">(a)</TD><TD STYLE="text-align: justify">that the practice of exclusive dealing
                                            is engaged in by a major supplier of a product or is widespread in the market;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="width: 70%; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-top: 10pt; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Current versions of approved documents are maintained online. Printed copies are uncontrolled.</FONT></TD><TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-top: 10pt; text-align: right; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->8<!-- Field: /Sequence --> of 19</FONT></TD></TR></TABLE></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">(b)</TD><TD STYLE="text-align: justify">that the practice of exclusive dealing
                                            is likely to impede entry into or expansion of a firm in the market or to impede introduction
                                            of a product into or expansion of sales of a product in the market or to have any other exclusionary
                                            effect in the market; and</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">(c)</TD><TD STYLE="text-align: justify">that as a result thereof, competition
                                            is or is likely to be lessened substantially.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"><B>Market Restriction.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Market restriction is the distribution practice
whereby a supplier: (i)&nbsp;requires that its dealers or distributors sell only to certain types of persons or only in a restricted
geographical area, or (ii)&nbsp;penalizes its dealers or distributors for selling outside a certain market. This practice is prohibited
if the market restriction is engaged in by a major supplier of a product or is widespread in relation to a product and as a result, it
lessens or is likely to lessen competition substantially in relation to that product.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"><B>Tied Selling.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Tied selling occurs when a supplier engages in
a practice whereby as a condition of supplying one product to a customer, the supplier requires or induces the customer to also buy another
product from him, or to refrain from using another brand not obtained from the supplier. As was the case with exclusive dealing, the
Competition Tribunal may only make an order with respect to tied selling if that practice is engaged in by a major supplier or is widespread
in the marketplace and impedes entry of new firms or products or services into a market or has other exclusionary consequences such that
it lessens or is likely to lessen competition substantially.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"><B>Delivered Pricing.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Competition Tribunal may prohibit a supplier
from engaging in a practice of refusing to permit customers to buy and take delivery of an article at any locality where the supplier
makes deliveries to other customers on the same terms and conditions that are available to the customers whose business are found in
the locality. In general, this provision is directed at a supplier&rsquo;s practice of dividing a market into geographic zones and selling
its products on a delivered price basis. It may be that a buyer in one zone could save money by buying in another zone and paying its
own transportation costs.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">An order may only be made in respect of delivered
pricing where it is engaged in by a major supplier or is widespread in a market with the result that the customer is denied an advantage
that would otherwise be available to it.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B><U>TRADE ASSOCIATIONS AND JOINT VENTURES</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Certain activities involving competitors, such
as trade associations or joint ventures, provide an opportunity for more frequent communications among competitors. It is important to
remember communications in these contexts can also give rise to competition risk and consequences (civil or criminal).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Trade Association Activities.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Trade association activities are particularly
sensitive from a competition standpoint because, by definition, trade association business involves contacts and communication among
competitors. Most trade associations are advised by lawyers with experience in competition laws. The greatest competition law exposure
relating to trade association activities lies not with the formal association projects, but with informal conversations and discussions
that take place outside of the agreed upon parameters, including discussions that occur on the golf course, over a beer, or during a
coffee break.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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Reviewed: March 2025</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="width: 70%; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-top: 10pt; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Current versions of approved documents are maintained online. Printed copies are uncontrolled.</FONT></TD><TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-top: 10pt; text-align: right; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->9<!-- Field: /Sequence --> of 19</FONT></TD></TR></TABLE></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">As indicated above, no matter when or where discussions
might occur, participants in trade association activities should avoid discussing prices, terms and conditions of sale, and other issues
relating to competition. It is also important to recognize that standard setting activities may raise competition concerns if standards
are used to the competitive disadvantage of another firm. Before you become involved in standard setting activities, please consult with
management and your business unit Legal Affairs Department. If a competitor attempts to engage you in a discussion of an improper subject
at a trade association meeting or at any other time, you should immediately and unequivocally state that you will not participate in
the discussion and terminate the conversation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"><B>Joint Ventures.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Suncor participates with competitors in joint
ventures, including joint bids or joint research or development projects. No activities of this type should be undertaken without thorough
discussion with management and consultation with your business unit Legal Affairs Department.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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Reviewed: March 2025</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="width: 70%; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-top: 10pt; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Current versions of approved documents are maintained online. Printed copies are uncontrolled.</FONT></TD><TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-top: 10pt; text-align: right; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->10<!-- Field: /Sequence --> of 19</FONT></TD></TR></TABLE></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>APPENDIX &ldquo;B&rdquo;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>UNITED STATES FEDERAL AND STATE ANTITRUST LAWS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The American federal and state antitrust laws
establish a set of rules&nbsp;governing competition practices in the United States. This PG&amp;S highlights some of the more important
principles of federal and state anti-trust laws, but it is not a comprehensive analysis of the law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The general objective of the anti-trust laws
is to prohibit certain trade practices and arrangements that may operate to impede a competitive economy. The statutory language leaves
wide discretion to the courts and enforcement agencies in interpreting and applying the provisions of the legislation. As a result, litigation
and investigations arising from alleged violations of federal and state antitrust laws may be protracted, may involve extensive time
of Suncor Personnel, and may be costly in terms of legal fees, preparation for trial, fines and penalties and otherwise.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><B>A.</B></TD><TD STYLE="text-align: justify"><B><U>THE UNITED STATES FEDERAL AND
                                            STATE ANTITRUST STATUTES</U></B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"><B>Federal Statutes.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">There are four main United States federal antitrust
statutes.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The <I>Sherman Act</I> prohibits (1)&nbsp;concerted
action in the form of agreements or conspiracies that unreasonably restrain trade, and (2)&nbsp;unilateral conduct where a company engages
in anti-competitive conduct which creates or perpetuates a monopoly over a particular product or service, or threatens to do so, as described
in section D (Monopolies) below.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The <I>Clayton Act</I> prohibits &ldquo;exclusive
dealing&rdquo; or &ldquo;tying&rdquo; arrangements that substantially lessen competition. Section&nbsp;7 of the <I>Clayton Act</I> prohibits
mergers or acquisitions that may substantially lessen competition in a market.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The <I>Robinson-Patman Act</I> generally prohibits
the seller from charging similarly situated customers different prices, or favoring one customer over another with respect to promotional
services or allowances.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The <I>Federal Trade Commission Act</I> prohibits
unfair methods of competition and unfair or deceptive acts or practices. This statute is enforced by the Federal Trade Commission.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"><B>State Statutes.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Colorado also has a state antitrust statute that
is patterned after the <I>Sherman Act </I>(<I>The Colorado Antitrust Act of 1992</I>).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Colorado also has an unfair practices statute
that has two important sections (<I>Unfair Practices Act</I>). The first generally makes it unlawful to injure a competitor or destroy
competition by discriminating in the price charged to buyers in different sections of a city or other geographic area unless the price
difference is justified by cost or competitive factors. A second provision specifically prohibits pricing below average total cost to
injure a competitor or destroy competition.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Finally, Colorado has a consumer protection statute
that prohibits a wide variety of unfair or deceptive trade practices (<I>Colorado Consumer Protection Act</I>).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Most other states in which the Company conducts
business have similar legislation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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Reviewed: March 2025</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="width: 70%; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-top: 10pt; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Current versions of approved documents are maintained online. Printed copies are uncontrolled.</FONT></TD><TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-top: 10pt; text-align: right; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->11<!-- Field: /Sequence --> of 19</FONT></TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"><B>Criminal Sanctions.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Violation of the <I>Sherman Act</I> is a felony
for which an individual may be imprisoned for up to 10 years (the average period of incarceration for price fixing in the United States
is now in excess of 30 months) and fined up to US$1 million; a corporation may be fined up to US$100 million (or even more in certain
circumstances). Felony prosecutions typically are reserved for hard-core violations such as price fixing and bid rigging schemes. The
United States Department of Justice is also authorized to bring actions for fines and injunctions.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Violations of the Colorado statute are Class&nbsp;5
felonies punishable by fines and imprisonment.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"><B>Private Damage
Actions.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Private parties can sue under federal and state
law for injunctive relief and triple damages; attorney&rsquo;s fees are also available under federal law. Class&nbsp;actions are very
common.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"><B>Government
Contracting Prohibitions.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">A company that violates state or federal antitrust
law may be prohibited from contracting with the government if the violation involves the submission of bids to the government.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"><B><U>RELATIONS
WITH COMPETITORS</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Perhaps the most significant antitrust laws are
the state and federal statutes that make it unlawful to enter into a contract or conspiracy in restraint of trade. The statutes require
concerted action: some form of agreement or understanding among companies. However, this does not mean there must be evidence of an express
contract or explicit agreement. It is sufficient to show a tacit understanding. For example, if at a trade association meeting the members
discuss subjects like prices and products to be offered, the court or jury may infer a conspiracy from the communications among the competitors
and their subsequent actions.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">For these reasons, Suncor Personnel should avoid
any contact with competitors unless it is clear from the circumstances that the contact has a lawful purpose. In no event should there
be any discussion of prices, terms and conditions of sale (including credit), cost information, or any other subject relating to the
marketing and sale of competing products. Suncor Personnel should consult with their business unit Legal Affairs Department for guidance
if they are involved in trade or industry associations that include competitors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">That is not to say that all contact with competitors
is inappropriate. Certain trade association activities are fully proper, as are transactions with competitors who also are customers
or suppliers. In these instances, discussion should be limited to the terms of the transaction or, in the case of a trade association,
a proper subject of trade association business as noted below.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"><B>Price Fixing
and Bid Rigging.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Price fixing includes any agreement between two
or more competitors that directly or indirectly affects the price of their product or service. Price fixing is unlawful &ndash; and a
criminal violation &ndash;whether or not the companies have agreed on a specific price, price increase, or range of prices.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Agreements on the following subjects affecting
price are considered price fixing:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">-</TD><TD STYLE="text-align: justify">Agreements to use a formula to calculate
                                            prices;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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Reviewed: March 2025</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="width: 70%; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-top: 10pt; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Current versions of approved documents are maintained online. Printed copies are uncontrolled.</FONT></TD><TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-top: 10pt; text-align: right; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->12<!-- Field: /Sequence --> of 19</FONT></TD></TR></TABLE></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">-</TD><TD STYLE="text-align: justify">Agreements to use a common starting point
                                            for negotiation;</TD></TR></TABLE>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">-</TD><TD STYLE="text-align: justify">Bid rigging, including agreements to submit
                                            complementary bids or share jobs among bidders;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">-</TD><TD STYLE="text-align: justify">Agreements to eliminate discounts or establish
                                            the same discount level;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">-</TD><TD STYLE="text-align: justify">Agreements to establish standard credit
                                            terms;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">-</TD><TD STYLE="text-align: justify">Agreements on the purchase price of raw
                                            materials;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">-</TD><TD STYLE="text-align: justify">Agreements on delivery terms or charges;
                                            and</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">-</TD><TD STYLE="text-align: justify">Agreements on the effective date of price
                                            changes.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Of course, the normal forces of competition require
companies to monitor their competitors&rsquo; prices. But to avoid even the appearance of collusion, it is unwise for competitors to
exchange price data or other information that is sensitive from a competitive standpoint - except, of course, when the competitors are
buying and selling to each other.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Bid-rigging is a form of price fixing and is
illegal. The term bid-rigging generally describes a practice in which companies or persons who are invited to bid on a contract agree
to set the terms under which they will bid. There are several variations of this practice: the conspirators may agree on the price to
be submitted or arrange that, in consideration of future favors, one or the other of them will not bid on the particular job at hand.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">However, the <I>Act</I> does not prohibit &ldquo;joint-venture
bidding&rdquo; that serves procompetitive purposes, such as making possible a bid that neither venturer can offer alone. Likewise, with
the consent of the seller, joint bids for volume purchasing can benefit competition by lowering costs. Because of the antitrust risks,
however, be certain that you consult your business unit Legal Affairs Department before discussing joint bidding or any other joint venture
arrangement with a competitor.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Finally, it should be noted that it is perfectly
appropriate and lawful for the Company unilaterally to meet a competitor&rsquo;s price or any other term or condition of sale.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"><B>Dividing Territories,
Allocating Customers or Limiting Production.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Any agreement among competitors to divide markets
or limit production is illegal. It would not be proper for two competitors to agree that one would sell only in the southern part of
a metropolitan area, and the other the northern, or that one would refrain from submitting bids to one contractor if the other refuses
to sell to a different contractor.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"><B>Group Boycotts
or Concerted Refusals to Deal.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">It generally is unlawful for competitors to agree
not to do business with another firm. Examples of potentially unlawful group boycotts are agreements not to sell to price cutting dealers
and agreements not to purchase from a supplier unless prices are reduced.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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Reviewed: March 2025</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="width: 70%; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-top: 10pt; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Current versions of approved documents are maintained online. Printed copies are uncontrolled.</FONT></TD><TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-top: 10pt; text-align: right; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->13<!-- Field: /Sequence --> of 19</FONT></TD></TR></TABLE></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"><B>Trade Association
Activities.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Trade association activities are particularly
sensitive from an antitrust standpoint because, by definition, trade association business involves contacts and communication among competitors.
Most trade associations are advised by lawyers with experience in the antitrust laws. The greatest antitrust exposure relating to trade
association activities lies not with the formal association projects, but with informal conversations and discussions that take place
outside of the agreed upon parameters, including discussions that occur on the golf course, over a beer, or during a coffee break.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">As indicated above, no matter when or where discussions
might occur, participants in trade association activities should avoid discussing prices, terms and conditions of sale, and other issues
relating to competition. It is also important to recognize that standard setting activities may raise antitrust concerns if standards
are used to the competitive disadvantage of another firm. Before you become involved in standard setting activities, please consult with
management and your business unit Legal Affairs Department. If a competitor attempts to engage you in a discussion of an improper subject
at a trade association meeting or at any other time, you should immediately and unequivocally state that you will not participate in
the discussion and terminate the conversation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"><B>Joint Ventures.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Suncor participates with competitors in joint
ventures, including joint bids or joint research or development projects. No activities of this type should be undertaken without thorough
discussion with management and consultation with your business unit Legal Affairs Department.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"><B><U>RELATIONS
WITH CUSTOMERS</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"><B>Resale Price
Restrictions.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">It may be unlawful for a supplier to dictate
the resale price charged by its customer. Resale price maintenance or vertical price fixing occurs when the supplier and customer agree
upon the price at which the customer will resell the product. The law in this area is complex. No effort should be made to set the price
charged on resale by customers without a thorough discussion with management and your business unit Legal Affairs Department.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"><B>Territory and
Customer Restrictions.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Antitrust issues may also be raised if we attempt
to restrict our customers to reselling our product in a particular geographic territory or to specific customers or classes of customers.
The legality of these arrangements depends upon a variety of complicated issues. Once again, before imposing territory or customer restrictions,
these arrangements should be discussed with management and your business unit Legal Affairs Department.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"><B>Customer Termination.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">While Suncor is free to select its own customers
and suppliers, it must do so independently. An understanding or agreement to do or refrain from doing business with a third party may
be an illegal conspiracy to lessen competition. For example, if, after discussing the matter with other distributors, Suncor decides
not to sell product to a distributor who has the reputation of price-cutting, it might be alleged that our decision to terminate sales
to the distributor was the product of a conspiracy or agreement with other distributors. Similarly, we should not discuss such matters
with our competitors. Defending lawsuits is expensive, even when our defence has merit. It is important to make independent decisions
regarding our relationship with our customers, particularly when we decide not to sell to them, to minimize the possibility of litigation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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Reviewed: March 2025</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="width: 70%; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-top: 10pt; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Current versions of approved documents are maintained online. Printed copies are uncontrolled.</FONT></TD><TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-top: 10pt; text-align: right; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->14<!-- Field: /Sequence --> of 19</FONT></TD></TR></TABLE></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"><B>Exclusive Dealing
and Tying Arrangements.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Exclusive dealing can raise antitrust problems
when our decision to deal exclusively with a particular customer also requires that customer to refrain from selling competitive products.
Tying arrangements occur when a company sells one product only on the condition that the buyer also purchases another product or service.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Any proposed exclusive dealing or tying arrangement
must be discussed with management and your business unit Legal Affairs Department before it is adopted.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"><B>Price Discrimination
and Pricing Below Cost.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The state and federal antitrust laws prohibit
charging competing buyers different prices unless certain conditions are met. Most significantly, price differentials may be justified
to meet competitive conditions. If the Company has the good faith belief that the lower price is necessary to respond to a price quoted
by a competitor, then the differential generally would be lawful. Similarly, when a demonstrable cost savings in sales to the favored
customer justifies the price differential, the lower price is lawful.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The price discrimination statutes also apply
to promotional allowances or services that must be made available to competing customers on proportionately equal terms. Price discrimination
statutes are complex and management and your business unit Legal Affairs Department should be consulted whenever a price differential
is not clearly justified by competitive conditions.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In addition, the Colorado unfair practices statute
makes it unlawful to sell below cost &ldquo;for the purpose of injuring competitors and destroying competition.&rdquo; Under the Colorado
statute, &ldquo;cost&rdquo; is defined to include the cost of raw materials, labor and all overhead expenses &ndash; which basically
means average <B>total</B> cost. The state statute is potentially more restrictive than the federal antitrust law. As described below,
the federal statute generally prohibits below cost pricing only when the seller prices below average variable cost and, due to its dominant
position in the market, the seller has the ability to recoup losses by raising prices in the future.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Other states also frequently have similar price
discrimination and unfair practices statutes.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"> <B><U>MONOPOLIES</U></B></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">As indicated above, the federal and state antitrust
laws also apply to companies acting alone but which have a dominant position in the marketplace. In a nutshell, there are some kinds
of competitive conduct that might be perfectly legal for a company with a small market share, but which create significant antitrust
risks for a dominant firm.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Suncor is fortunate to have a strong market position
in certain areas of its business. In those markets, we must avoid competitive tactics that might be viewed as designed to exclude or
injure present or potential competitors. Examples of this kind of conduct include predatory pricing, which, is usually defined as pricing
below average variable cost. Nonetheless, in light of potentially more restrictive state antitrust statutes, our products should never
be sold below average total cost without first obtaining the approval of management. Refusals to deal with competitors solely to deny
them access to a critical service or raw material can create monopolization issues.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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Reviewed: March 2025</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="width: 70%; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-top: 10pt; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Current versions of approved documents are maintained online. Printed copies are uncontrolled.</FONT></TD><TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-top: 10pt; text-align: right; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->15<!-- Field: /Sequence --> of 19</FONT></TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In fact, a good rule&nbsp;of thumb is that Suncor
should avoid competitive actions that cannot be justified by sound business considerations, including, fundamentally, competition on
the basis of price, service and quality. In other words, if the conduct only makes sense because of the harm to or exclusion of a competitor,
as opposed to the benefits it brings to Suncor and its customers, it may be problematic.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"><B><U>UNFAIR COMPETITION</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">State and federal statutes prohibit &ldquo;unfair
methods of competition&rdquo; or deceptive practices. Of course, what is unfair or deceptive often rests with the eye of the beholder.
Nonetheless, the following practices raise questions and should be avoided:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">-</TD><TD STYLE="text-align: justify">Commercial bribery;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">-</TD><TD STYLE="text-align: justify">Coercion of customers, competitors or suppliers;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">-</TD><TD STYLE="text-align: justify">Offering special benefits to customers who
                                            agree not to purchase competing product lines;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">-</TD><TD STYLE="text-align: justify">Acquiring trade secrets by unfair means;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">-</TD><TD STYLE="text-align: justify">Making false or deceptive comparisons of
                                            competitors or their products;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">-</TD><TD STYLE="text-align: justify">Misrepresenting the price or quality of
                                            a competing product; and</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">-</TD><TD STYLE="text-align: justify">Passing off one company&rsquo;s products
                                            as those of another by copying advertising or trademarks.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="width: 70%; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-top: 10pt; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Current versions of approved documents are maintained online. Printed copies are uncontrolled.</FONT></TD><TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-top: 10pt; text-align: right; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->16<!-- Field: /Sequence --> of 19</FONT></TD></TR></TABLE></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>APPENDIX &ldquo;C&rdquo;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>EUROPEAN UNION ANTITRUST LAWS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The European Union (EU) competition laws establish
a set of rules&nbsp;governing competition practices in the European Union. This PG&amp;S highlights some of the more important principles
of European Union competition laws, but it is not a comprehensive analysis of the law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The general objective of the competition laws
is to prohibit certain trade practices and arrangements that may operate to impede a competitive economy. The statutory language leaves
wide discretion to the courts and enforcement agencies in interpreting and applying the provisions of the legislation. As a result, litigation
and investigations arising from alleged violations of European Union competition laws may be protracted, may involve extensive time of
Suncor Personnel, and may be costly in terms of legal fees, preparation for trial, fines and penalties and otherwise.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><B>A.</B></TD><TD STYLE="text-align: justify"><B><U>THE RULES</U></B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><B>1.</B></TD><TD STYLE="text-align: justify"><B>Overview.</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">EU competition rules&nbsp;concern everyone who
does business in the EU, as they apply directly to all companies which are active within the EU as well as Iceland, Lichtenstein and
Norway.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">EU competition rules&nbsp;are set out in Articles
101 and 102 of the Treaty on the Functioning of the EU (the &ldquo;EC Treaty&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Article&nbsp;101 of the EC Treaty prohibits anticompetitive
agreements and arrangements between companies that affect trade between EU member states and that have as their object or effect the
prevention, restriction or distortion of competition within the EU. Generally, any arrangement prohibited under Article&nbsp;101 is automatically
void under European law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Article&nbsp;102 of the EC Treaty forbids prohibits
abuses of a dominant market position within the common market by one or more companies. Apart from various actions specifically listed
in Article&nbsp;82(2), abuses may take the form of any conduct by a dominant undertaking that appreciably distorts competition or exploits
customers in the market in question.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><B>2.</B></TD><TD STYLE="text-align: justify"><B>Enforcement.</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The European Commissioner responsible for Competition,
together with the national competition authorities, directly enforces EU competition rules, being Articles 101-109 of the EC Treaty.
Within the EC, the Directorate-General (DG) for Competition is primarily responsible for these direct enforcement powers.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><B>3.</B></TD><TD STYLE="text-align: justify"><B>Penalties.</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Companies whose
market behavior fails to comply with EU competition rules&nbsp;run the risk of incurring extremely high fines (up to 10 percent of worldwide
sales) and facing other negative consequences.</FONT> In addition to damaging the Company&rsquo;s reputation, the penalties for violating
European competition rules&nbsp;can be severe, and may include fines, prohibition orders, and imprisonment. Fines may be imposed even
where the illegal purpose of an infringement was not actually achieved.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In addition to imposing fines on companies, a
number of member states provide for sanctions on individuals. The laws of some countries even allow jail sentences for individuals involved
in general competition law infringements and/or in certain pre-defined types of infringements (e.g., bid-rigging). Such sanctions can
be separate or cumulatively applied on top of pecuniary sanctions. Suncor Personnel who behave in an unlawful way therefore run the risk
of jail in certain member states.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="border-top: Black 1pt solid; font-size: 10pt">&nbsp;</TD><TD STYLE="border-top: Black 1pt solid; text-align: right; font-size: 10pt">&nbsp;</TD></TR><TR STYLE="vertical-align: top"><TD STYLE="border-bottom: Black 1pt solid; width: 86%; font-size: 10pt">Current versions of approved documents are maintained online. Printed copies are uncontrolled.</TD><TD STYLE="border-bottom: Black 1pt solid; width: 14%; text-align: right; font-size: 10pt">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->17<!-- Field: /Sequence --> of 19</TD></TR></TABLE></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><B>B.</B></TD><TD STYLE="text-align: justify"><B><U>ARTICLE&nbsp;101</U></B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Anticompetitive contacts between companies which,
irrespective of their form, may distort the normal play of competitive forces are prohibited. Such contacts can take many forms and do
not require the formal acceptance by the companies involved through an agreement. Even informal arrangements among business representatives
can be considered illegal.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The most striking examples of anticompetitive
contacts between companies include price fixing, sharing markets or customer allocation, production or output limitation. Bid-rigging,
although not expressly highlighted by Article&nbsp;101, has also been found to fall within its scope. Each of these practices are considered
 &lsquo;hardcore&rsquo; restrictions of competition as they are by their very nature most likely to restrict competition.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Private exchanges between competing companies
of individualized information concerning their intended future prices or quantities can also amount to a hardcore infringement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">More generally all exchanges of confidential,
strategic information between competitors can give rise to competition concerns. This concerns all types of information that reduces
strategic uncertainty in the market, for example relating to production costs, customer lists, turnover, sales, capacities, qualities,
marketing plans,&nbsp;etc. Furthermore, even the unilateral disclosure of strategic information by one company via mail, email, phone
calls or meetings to its competitor(s)&nbsp;can be considered problematic.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Agreements between different distribution levels
 &ndash; so called &ldquo;vertical&rdquo; agreements &ndash; such as market restriction, tied selling, exclusive dealing and price maintenance,
to name the most common of the vertical agreements, are generally treated more strictly in Europe than in North America. The advice of
your business unit Legal Affairs Department should be sought when entering into such agreements applicable in Europe.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><B>C.</B></TD><TD STYLE="text-align: justify"><B><U>ARTICLE&nbsp;102</U></B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">If companies have
a large proportion of the business in a particular market, they are likely to hold a dominant position in that market. </FONT>Suncor
is fortunate to have a strong position in certain areas of the European market and accordingly has a special responsibility not to engage
in behavior which is considered abusive. The Company must not act in a way that prevents competitors from competing effectively or drives
them out of the market.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Examples of abusive conduct on the part of dominant
companies are: charging unreasonably high prices which may exploit customers; charging unrealistically low prices which may be used to
drive competitors out of the market; unjustified discrimination between customers; and forcing unjustified trading conditions (exclusivity
or logistical constraints) if exerted on trading partners.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="border-top: Black 1pt solid; font-size: 10pt">&nbsp;</TD><TD STYLE="border-top: Black 1pt solid; text-align: right; font-size: 10pt">&nbsp;</TD></TR><TR STYLE="vertical-align: top"><TD STYLE="width: 50%; font-size: 10pt">COMPETITION</TD><TD STYLE="width: 50%; text-align: right; font-size: 10pt">Last Reviewed: March 2025</TD></TR></TABLE><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="border-top: Black 1pt solid; font-size: 10pt">&nbsp;</TD><TD STYLE="border-top: Black 1pt solid; text-align: right; font-size: 10pt">&nbsp;</TD></TR><TR STYLE="vertical-align: top"><TD STYLE="border-bottom: Black 1pt solid; width: 86%; font-size: 10pt">Current versions of approved documents are maintained online. Printed copies are uncontrolled.</TD><TD STYLE="border-bottom: Black 1pt solid; width: 14%; text-align: right; font-size: 10pt">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->18<!-- Field: /Sequence --> of 19</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>APPENDIX &ldquo;D&rdquo;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>PRACTICAL SUGGESTIONS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"><B>Competitive
Considerations.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Are you doing or thinking about any of the following
activities? If so, you should understand the implications under antitrust and unfair competition laws. <B>THESE SUGGESTIONS ARE NOT INTENDED
AS SPECIFIC LEGAL ADVICE. YOU SHOULD CONSULT YOUR BUSINESS UNIT LEGAL AFFAIRS DEPARTMENT BEFORE YOU ENGAGE IN THEM.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">-</TD><TD STYLE="text-align: justify">Competitors: are you planning to meet with
                                            any of your competitors? Do you work with them in a joint venture? Do you visit with them
                                            over the telephone? E-mail them? Talk with them at trade association meetings? Mail catalogues,
                                            price lists, or other items to them?</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">-</TD><TD STYLE="text-align: justify">Customers: do you attempt to influence your
                                            customers about the prices that are charged when they resell your product or the customers
                                            to whom or areas in which they resell? Do you assign customers exclusive areas in which to
                                            resell your product?</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">-</TD><TD STYLE="text-align: justify">Two products: do you require or expect your
                                            customers who wish to buy one product from you to also buy another product or service? Do
                                            you package different products together and sell those products only in packaged form?</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">-</TD><TD STYLE="text-align: justify">Exclusive dealing: do you require or expect
                                            that your customers will deal only with you?</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">-</TD><TD STYLE="text-align: justify">Reciprocal dealing: do you expect or urge
                                            your suppliers also to buy from you the products you offer?</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">-</TD><TD STYLE="text-align: justify">Market power: do you possess a substantial
                                            market share or have substantial purchasing power in the market? Do you ever sell below cost?</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">-</TD><TD STYLE="text-align: justify">Comparative advertising: does your advertising
                                            comment on the quality, reliability, viability or pricing of your competitors or their products?</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">-</TD><TD STYLE="text-align: justify">Product claims: can you substantiate the
                                            claims used in the advertising for your products?</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">-</TD><TD STYLE="text-align: justify">Joint ventures: Have you ever engaged with
                                            competitors on joint purchasing activities? These can have complicated legal implications
                                            and you should consult your business unit Legal Affairs Department for advice.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><B>Documentation.</B></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Careful documentation of the proper justification
for Suncor&rsquo;s competitive activities is extremely helpful. While documentation will not make unlawful conduct legal, it will document
an activity and avoid inappropriate mischaracterization or inferences.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">By the same token, however, careless language
can give the wrong impression and be extremely harmful. Keep in mind the following list of practical suggestions:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">-</TD><TD STYLE="text-align: justify">Make a note of the source of the information
                                            when a customer gives you competitive pricing information.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 29 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="border-top: Black 1pt solid; font-size: 10pt">&nbsp;</TD><TD STYLE="border-top: Black 1pt solid; text-align: right; font-size: 10pt">&nbsp;</TD></TR><TR STYLE="vertical-align: top"><TD STYLE="width: 50%; font-size: 10pt">COMPETITION</TD><TD STYLE="width: 50%; text-align: right; font-size: 10pt">Last Reviewed: March 2025</TD></TR></TABLE><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="border-top: Black 1pt solid; font-size: 10pt">&nbsp;</TD><TD STYLE="border-top: Black 1pt solid; text-align: right; font-size: 10pt">&nbsp;</TD></TR><TR STYLE="vertical-align: top"><TD STYLE="border-bottom: Black 1pt solid; width: 86%; font-size: 10pt">Current versions of approved documents are maintained online. Printed copies are uncontrolled.</TD><TD STYLE="border-bottom: Black 1pt solid; width: 14%; text-align: right; font-size: 10pt">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->19<!-- Field: /Sequence --> of 19</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">-</TD><TD STYLE="text-align: justify">When competitive forces require you to give
                                            a discount to obtain or retain business, put a note in the file along the lines of:</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify">On [date] I offered [customer] the
discounted price of [$],&nbsp;I offered this price based upon my belief that this price is necessary to [obtain or keep] the [customer&rsquo;s]
business. It is my understanding from [the customer] that [competitor] has offered them a price of [$], and unless we meet that price
we will not make the sale.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">-</TD><TD STYLE="text-align: justify">Avoid using words or phrases that suggest
                                            you feel guilty about what you are doing or writing, such as &ldquo;please destroy after
                                            reading.&rdquo;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">-</TD><TD STYLE="text-align: justify">Avoid exaggeration -- &ldquo;this program
                                            will destroy the competition&rdquo;.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">-</TD><TD STYLE="text-align: justify">Don&rsquo;t speculate about whether certain
                                            conduct is lawful or not.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">-</TD><TD STYLE="text-align: justify">Don&rsquo;t describe competition as undesirable
                                            or unethical. Avoid denigrating price-cutting and don&rsquo;t refer to lost customers as
                                            &ldquo;stolen&rdquo;.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">-</TD><TD STYLE="text-align: justify">When discussing competition prices, avoid
                                            giving the false impression that Suncor is not competing vigorously or that the Company&rsquo;s
                                            prices are based upon anything other than our own business judgment.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">-</TD><TD STYLE="text-align: justify">Do not suggest that special treatment is
                                            being given to a particular customer or class of customers &ndash; &ldquo;for you alone.&rdquo;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">-</TD><TD STYLE="text-align: justify">Do not disparage your competitors or their
                                            products.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">-</TD><TD STYLE="text-align: justify">Don&rsquo;t use language that suggests that
                                            Suncor is acting pursuant to &ldquo;industry agreement&rdquo; or &ldquo;industry policy&rdquo;
                                            rather than as a matter of our own self-interest.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="border-top: Black 1pt solid; font-size: 10pt">&nbsp;</TD><TD STYLE="border-top: Black 1pt solid; text-align: right; font-size: 10pt">&nbsp;</TD></TR><TR STYLE="vertical-align: top"><TD STYLE="width: 50%; font-size: 10pt">COMPETITION</TD><TD STYLE="width: 50%; text-align: right; font-size: 10pt">Last Reviewed: March 2025</TD></TR></TABLE><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="border-top: Black 1pt solid; font-size: 10pt">&nbsp;</TD><TD STYLE="border-top: Black 1pt solid; text-align: right; font-size: 10pt">&nbsp;</TD></TR><TR STYLE="vertical-align: top"><TD STYLE="border-bottom: Black 1pt solid; width: 86%; font-size: 10pt">Current versions of approved documents are maintained online. Printed copies are uncontrolled.</TD><TD STYLE="border-bottom: Black 1pt solid; width: 14%; text-align: right; font-size: 10pt">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --> of 5</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top"><IMG SRC="tm248693d1_ex99-1suncor.jpg" ALT="">&nbsp;</TD>
    <TD STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>POLICY
    GUIDANCE &amp; STANDARDS</I></B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD COLSPAN="2" STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD COLSPAN="2" STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>CONFLICT
    OF INTEREST AND CONFIDENTIALITY </B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>Number
    : CO-052</I></B></FONT></TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD COLSPAN="2" STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: super">
    <TD STYLE="font: normal italic 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; vertical-align: baseline"><I>Date
    Developed:&nbsp;&nbsp;January 26, 1995</I></FONT></TD>
    <TD STYLE="font: normal italic 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; vertical-align: baseline"><I>Revision
    Date: February 6, 2021</I></FONT></TD>
    <TD STYLE="font: normal italic 10pt Times New Roman, Times, Serif; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; vertical-align: baseline"><I>Last
    Reviewed: March 10, 2025</I></FONT></TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: super">
    <TD STYLE="font: normal italic 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font: normal italic 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font: normal italic 10pt Times New Roman, Times, Serif; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: super">
    <TD COLSPAN="3" STYLE="font: normal italic 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; vertical-align: baseline"><I>Document
    Owner:&nbsp;&nbsp;&nbsp;<U>General Counsel</U></I></FONT></TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: super">
    <TD COLSPAN="3" STYLE="font: normal italic 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD COLSPAN="3" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>Document
    Contact:&nbsp;&nbsp;<U>Vice President Legal Affairs, Corporate</U></I></FONT></TD></TR>
  <TR STYLE="font: 5pt Times New Roman, Times, Serif; vertical-align: top">
    <TD COLSPAN="3" STYLE="border-bottom: Black 1pt solid; font: 5pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 5pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 33%"><FONT STYLE="font-size: 1pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 34%"><FONT STYLE="font-size: 1pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 33%"><FONT STYLE="font-size: 1pt">&nbsp;</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>SCOPE AND PURPOSE</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify">This policy guidance&nbsp;&amp; standard
(PG&amp;S) applies to Suncor Energy Inc. and its subsidiaries world-wide (collectively &ldquo;Suncor&rdquo; or the &ldquo;Company&rdquo;).
References in this document to &ldquo;Suncor Personnel&rdquo; include members of the board of directors, officers, employees and independent
contractors (formerly referred to as contract workers) of Suncor. All Suncor Personnel are expected to comply with this PG&amp;S. Supervisors
and managers are expected to promote a working environment consistent with this PG&amp;S and assist Suncor Personnel within their supervision
to understand and comply with this PG&amp;S. This PG&amp;S is subject to and forms part of Suncor's Standards of Business Conduct Code
and Compliance Program.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The purpose of this PG&amp;S is:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT>&nbsp;</TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">To
                                            define where the interests of Suncor Personnel and of Suncor are in conflict; and</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT>&nbsp;</TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">To
                                            provide information on civil and criminal activities that may be found in a business environment,
                                            and a responsible means for Suncor to exercise its duty to protect its human and physical
                                            resources.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>GUIDANCE AND STANDARDS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Suncor's Values statement best communicates management's
expectations for ethical business conduct to Suncor Personnel, communities and the people we do business with. It states the fundamental
principles by which we will behave, and how we expect our business partners and suppliers to conduct themselves in their interactions
with Suncor and its stakeholders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">All Suncor Personnel have an obligation to Suncor
to further its goals, safeguard its assets, and generally work on behalf of its best interests, in compliance with legal requirements
and within the spirit of our Values. To meet this obligation, individuals must be aware of the following:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.5in">I.</TD><TD STYLE="text-align: justify"><U>Conflict of Interest</U> -- A conflict
                                            of interest is considered to occur when an individual's course of action or decision could
                                            result in an improvement to the individual's personal interest or a monetary gain, together
                                            with a concurrent depreciation of Suncor's interests or otherwise adverse effect on Suncor.
                                            Such a conflict may also arise from the diversion of an individual's time to an outside business
                                            or activity which deprives Suncor of the individual&rsquo;s service without an off-setting
                                            direct or indirect benefit to Suncor.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 31 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="border-top: Black 1pt solid; font-size: 10pt">&nbsp;</TD><TD STYLE="border-top: Black 1pt solid; text-align: right; font-size: 10pt">&nbsp;</TD></TR><TR STYLE="vertical-align: top"><TD STYLE="width: 69%; font-size: 10pt">CONFLICT OF INTEREST AND CONFIDENTIALITY</TD><TD STYLE="width: 31%; text-align: right; font-size: 10pt">Last Reviewed: March 2025</TD></TR></TABLE><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="border-top: Black 1pt solid; font-size: 10pt">&nbsp;</TD><TD STYLE="border-top: Black 1pt solid; text-align: right; font-size: 10pt">&nbsp;</TD></TR><TR STYLE="vertical-align: top"><TD STYLE="border-bottom: Black 1pt solid; width: 86%; font-size: 10pt">Current versions of approved documents are maintained online. Printed copies are uncontrolled.</TD><TD STYLE="border-bottom: Black 1pt solid; width: 14%; text-align: right; font-size: 10pt">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --> of 5</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.5in">II.</TD><TD STYLE="text-align: justify"><U>Confidentiality</U> -- Confidential
                                            information includes all information, knowledge and data (whether or not obtained, acquired
                                            or developed by the individual), known or used by Suncor in its business, and not publicly
                                            known.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.5in">III.</TD><TD STYLE="text-align: justify"><U>Other Illegal Activities</U> -- Other
                                            activities that breach criminal or civil law include fraud, theft, financial misrepresentation,
                                            forgery, counterfeit,&nbsp;etc. Reference has also been made to some significant criminal
                                            activities in the other Suncor PG&amp;S included in the Standards of Business Conduct Code
                                            and Compliance Program. Suncor provides internal policies, guidelines and standards to assist
                                            people to interpret, understand and implement ethical business practices in compliance with
                                            legal requirements. Individuals are also encouraged to take advantage of other internal communication
                                            opportunities to clarify and discuss these issues.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><B><I>Important Information on Intellectual
Property</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify">Through your employment with Suncor
you may be engaged in various forms of research, problem solving or invention. The product of the efforts produced within the scope of
your employment belongs to Suncor, whether the product was developed while actually at work or not. Such products, commonly called &ldquo;intellectual
property&rdquo; or &ldquo;IP&rdquo;, include computer programs, technical processes, inventions, research methods, reports or articles
and any other form of innovation or development, including material protected by patents, trademarks or copyright, as appropriate. IP
assets and rights are important in enabling Suncor to retain industry leadership and derive competitive value from continued investment
in innovation. They belong to and are the property of Suncor. Be vigilant in protecting Suncor&rsquo;s IP rights and assets as well as
avoiding the infringement of the IP rights of others. Be sure to consult with your supervisor, leader or with Legal Affairs, before receiving,
disclosing, or agreeing to receive or disclose, any information or IP received in confidence, and before disclosing any proprietary information
in a public forum, including conference papers, trade journals or articles, or even by e-mail.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify">APPLICATION</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.5in">I.</TD><TD STYLE="text-align: justify">Any individual who has a potential conflict
                                            of interest must immediately and fully disclose the matter in writing to their Supervisor,
                                            or their most senior Human Resources representative who, in consultation with the business
                                            or corporate legal department, will provide them with a written response and guidance with
                                            respect to the potential conflict. Copies of all documentation pertaining to the matter will
                                            be retained in the individual's file. In addition, members of the board of directors, employees
                                            and independent contractors will be required, through the annual Standards of Business Conduct
                                            Compliance Program, to disclose any significant changes to the circumstances surrounding
                                            the matter in question which may cause Suncor to reconsider its position.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 32 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="border-top: Black 1pt solid; font-size: 10pt">&nbsp;</TD><TD STYLE="border-top: Black 1pt solid; text-align: right; font-size: 10pt">&nbsp;</TD></TR><TR STYLE="vertical-align: top"><TD STYLE="width: 69%; font-size: 10pt">CONFLICT OF INTEREST AND CONFIDENTIALITY</TD><TD STYLE="width: 31%; text-align: right; font-size: 10pt">Last Reviewed: March 2025</TD></TR></TABLE><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="border-top: Black 1pt solid; font-size: 10pt">&nbsp;</TD><TD STYLE="border-top: Black 1pt solid; text-align: right; font-size: 10pt">&nbsp;</TD></TR><TR STYLE="vertical-align: top"><TD STYLE="border-bottom: Black 1pt solid; width: 86%; font-size: 10pt">Current versions of approved documents are maintained online. Printed copies are uncontrolled.</TD><TD STYLE="border-bottom: Black 1pt solid; width: 14%; text-align: right; font-size: 10pt">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence --> of 5</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.5in">II.</TD><TD STYLE="text-align: justify">While employed with or otherwise engaged
                                            by Suncor and afterward, all individuals shall keep confidential and refrain from using directly
                                            or indirectly (other than as required for their job responsibilities) all confidential information.
                                            If an individual is questioned by a representative of the news media or investment community,
                                            and responding to such inquiries is not part of his or her authorized duties, the representative
                                            should be referred to the appropriate company spokesperson. Upon termination, all business
                                            documents, lists, records, files, materials, samples, tools, equipment and all other property
                                            of Suncor, including any copies of these items, shall be returned to Suncor. In order to
                                            prevent the misuse or inadvertent disclosure of confidential information, Suncor Personnel
                                            shall take appropriate precautions, including the following:</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Confidential
                                            information should not be discussed in places where the discussion may be overheard, such
                                            as elevators, hallways, restaurants, airplanes or taxis.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Confidential
                                            information should not be discussed on cell phones where others may have the ability to intercept
                                            the communication.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Confidential
                                            documents should not be read in public places or discarded or stored in places where they
                                            can be readily retrieved by unauthorized persons. Confidential documents should be stored
                                            in a safe place to which access is restricted to persons with a &ldquo;need to know&rdquo;.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Confidential
                                            documents should not be transmitted electronically (fax, email) unless it is reasonable to
                                            assume that the transmission can be made and received under secure conditions.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify">Any individual who is aware of a breach
of this PG&amp;S or a conflict of interest situation which has not been properly disclosed to management should contact his or her Executive
Leadership Team representative or refer the matter to the General Manager,&nbsp;Internal Audit for guidance. Issues relating to Executive
Leadership Team representatives or corporate office employees should be referred to the General Manager,&nbsp;Internal Audit. Investigations
will be dealt with in compliance with law, and with an appropriate level of confidence having regard to the circumstances, to protect
the rights of the organization and the individuals involved.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify">EXAMPLES OF CONFLICT OF INTEREST SITUATIONS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify">Appearances can be as damaging as
actions. Individuals should not only refrain from becoming involved in actual conflict situations, they should also avoid placing themselves
in positions that may be perceived as conflicts. As each case may involve special circumstances, each case should be generally judged
on its own merits. Accordingly, it is not feasible to specify all possibilities which may give rise to a conflict of interest. It is
up to each person, when in doubt, to err on the side of reporting the matter. The following, however, illustrates certain types of potential
conflicts. More detailed examples, specific to your business unit, are available from Human Resources.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.5in">1.</TD><TD STYLE="text-align: justify">Direct or indirect involvement in outside
                                            interests which may (a)&nbsp;compromise an individual&rsquo;s judgement or ability to act
                                            solely in the best interest of Suncor; and/or (b)&nbsp;deprive Suncor of the individual's
                                            services without an off-setting direct or indirect benefit to Suncor (employees should see
                                            also <B><I>Directors, Officers, Trustees&nbsp;&amp; Board Members of Outside Organizations
                                            PG&amp;S</I></B>).</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.5in">2.</TD><TD STYLE="text-align: justify">The use of material confidential information
                                            about Suncor in connection with the purchase or sale of Suncor securities or disclosure of
                                            such information to persons outside the necessary course of Suncor business. Such use or
                                            disclosure of information may constitute a violation of securities law and subject the individual
                                            to civil and criminal penalties. Suncor personnel involved in a venture or project with another
                                            entity should not trade in the shares or other securities of the other entity with knowledge
                                            of an undisclosed material fact or change in the affairs of the other entity. (See <I>also
                                            <B>Disclosure of Material Information and Trading in Shares and Securities PG&amp;S</B></I>)</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.5in">3.</TD><TD STYLE="text-align: justify">Trading in oil or gas properties or royalty
                                            interests, or engaging in activities involving oil and gas producing properties or facilities
                                            used in pipelining, refining or marketing, for the purpose of personal benefit.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.5in">4.</TD><TD STYLE="text-align: justify">Acceptance by Suncor Personnel or a family
                                            member of gifts, entertainment or favours which go beyond customary courtesies usually associated
                                            with accepted business practice and which could place the individual under an obligation
                                            to a vendor or other person seeking to do business with Suncor. The individual's supervisor
                                            should be advised of any such situation. In certain situations, refusal of gifts with a value
                                            substantially in excess of customary business practices can result in awkward business situations.
                                            The propriety of employees keeping such valuable gifts for personal use versus turning them
                                            over to the Company, donating them to charity, or other disposition should be discussed in
                                            each case with the individual&rsquo;s supervisor. It is never permissible to accept a gift
                                            in cash or cash equivalents (e.g. stocks or other forms of marketable securities) of any
                                            amount.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 33 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="border-top: Black 1pt solid; font-size: 10pt">&nbsp;</TD><TD STYLE="border-top: Black 1pt solid; text-align: right; font-size: 10pt">&nbsp;</TD></TR><TR STYLE="vertical-align: top"><TD STYLE="width: 69%; font-size: 10pt">CONFLICT OF INTEREST AND CONFIDENTIALITY</TD><TD STYLE="width: 31%; text-align: right; font-size: 10pt">Last Reviewed: March 2025</TD></TR></TABLE><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="border-top: Black 1pt solid; font-size: 10pt">&nbsp;</TD><TD STYLE="border-top: Black 1pt solid; text-align: right; font-size: 10pt">&nbsp;</TD></TR><TR STYLE="vertical-align: top"><TD STYLE="border-bottom: Black 1pt solid; width: 86%; font-size: 10pt">Current versions of approved documents are maintained online. Printed copies are uncontrolled.</TD><TD STYLE="border-bottom: Black 1pt solid; width: 14%; text-align: right; font-size: 10pt">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->4<!-- Field: /Sequence --> of 5</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.5in">5.</TD><TD STYLE="text-align: justify">Direct or indirect ownership or control
                                            of a material financial interest in a supplier, contractor, competitor or in any business
                                            enterprise which does or seeks to do business with Suncor.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 35.8pt">6.</TD><TD STYLE="text-align: justify">Misappropriation of Suncor resources (facilities,
                                            equipment, supplies, data, information,&nbsp;etc.) for personal use or benefit.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 35.8pt">7.</TD><TD STYLE="text-align: justify">Gifts, favours and entertainment given
                                            to others may be perceived as creating a conflict of interest. They may be given to others
                                            at Company expense only if they meet all the following criteria:</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in">(a)</TD><TD STYLE="text-align: justify">consistent with customary business practices;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in">(b)</TD><TD STYLE="text-align: justify">not excessive in value and cannot be
                                            construed as a bribe or pay-off (see <B><I>Prevention of Improper Payments PG&amp;S</I></B>);</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in">(c)</TD><TD STYLE="text-align: justify">not in violation of applicable law or
                                            ethical standards; and</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in">(d)</TD><TD STYLE="text-align: justify">public disclosure of the facts will
                                            not embarrass Suncor nor the employee.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify">EXAMPLES OF CONFIDENTIALITY BREACH</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify">Disclosure, without the prior written
consent of Suncor, of any of the following confidential information, without limitation, constitutes a breach of this PG&amp;S:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;business
opportunities, including all ventures considered by Suncor, whether or not they are pursued;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;production
methods, including designs, formulae, techniques, processes, computer programs and knowledge about equipment and machinery;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;financial
information, including Suncor's costs, sales, income, profits, salaries and wages;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify">(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;research
and development information, including details of any research, development, experimentation or tests proposed or carried out by Suncor;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify">(v)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;customer
information, including customer names and addresses, markets, knowledge of Suncor's contracts with its customers, and details of pricing,
marketing and supply strategies.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify">In addition to other potential legal
consequences, any individual who violates this PG&amp;S (or who acts contrary to the written response and guidance referred to under
 &quot;Application - I&quot;), is subject to disciplinary action, which may include immediate dismissal.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 34 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="border-top: Black 1pt solid; font-size: 10pt">&nbsp;</TD><TD STYLE="border-top: Black 1pt solid; text-align: right; font-size: 10pt">&nbsp;</TD></TR><TR STYLE="vertical-align: top"><TD STYLE="width: 69%; font-size: 10pt">CONFLICT OF INTEREST AND CONFIDENTIALITY</TD><TD STYLE="width: 31%; text-align: right; font-size: 10pt">Last Reviewed: March 2025</TD></TR></TABLE><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="border-top: Black 1pt solid; font-size: 10pt">&nbsp;</TD><TD STYLE="border-top: Black 1pt solid; text-align: right; font-size: 10pt">&nbsp;</TD></TR><TR STYLE="vertical-align: top"><TD STYLE="border-bottom: Black 1pt solid; width: 86%; font-size: 10pt">Current versions of approved documents are maintained online. Printed copies are uncontrolled.</TD><TD STYLE="border-bottom: Black 1pt solid; width: 14%; text-align: right; font-size: 10pt">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->5<!-- Field: /Sequence --> of 5</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><B>EXCEPTIONS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify">None</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><B>REFERENCES TO RELATED DOCUMENTS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><B><I>Business Conduct Policy Statement</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><B><I>Business Conduct Code and Compliance
Program PG&amp;S</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><B><I>Directors, Officers, Trustees&nbsp;&amp;
Board Members of Outside Organizations PG&amp;S</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><B><I>Disclosure of Material Information
and Trading in Shares and Securities PG&amp;S</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><B><I>Communications to the Public
PG&amp;S</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><B><I>Prevention of Improper Payments
PG&amp;S</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 35; Options: NewSection; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="border-top: Black 1pt solid; font-size: 10pt">&nbsp;</TD><TD STYLE="border-top: Black 1pt solid; text-align: right; font-size: 10pt">&nbsp;</TD></TR><TR STYLE="vertical-align: top"><TD STYLE="width: 69%; font-size: 10pt">CONFLICT OF INTEREST AND CONFIDENTIALITY</TD><TD STYLE="width: 31%; text-align: right; font-size: 10pt">Last Reviewed: March 2025</TD></TR></TABLE><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="border-top: Black 1pt solid; font-size: 10pt">&nbsp;</TD><TD STYLE="border-top: Black 1pt solid; text-align: right; font-size: 10pt">&nbsp;</TD></TR><TR STYLE="vertical-align: top"><TD STYLE="border-bottom: Black 1pt solid; width: 86%; font-size: 10pt">Current versions of approved documents are maintained online. Printed copies are uncontrolled.</TD><TD STYLE="border-bottom: Black 1pt solid; width: 14%; text-align: right; font-size: 10pt">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --> of 4</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
<TD STYLE="vertical-align: top; font-size: 10pt"><IMG SRC="tm248693d1_ex99-1suncor.jpg" ALT=""></TD>
<TD STYLE="text-align: center; background-color: White; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>POLICY
GUIDANCE &amp; STANDARDS</I></B></FONT></TD>
<TD STYLE="text-align: center; background-color: White; font-size: 10pt">&nbsp;</TD></TR>
<TR>
<TD STYLE="vertical-align: top; font-size: 10pt">&nbsp;</TD>
<TD COLSPAN="2" STYLE="background-color: White; font-size: 10pt">&nbsp;</TD></TR>
<TR STYLE="font-size: 10pt">
<TD COLSPAN="2" STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt"><B>DIRECTORS, OFFICERS, TRUSTEES AND BOARD MEMBERS OF OUTSIDE ORGANIZATIONS
</B> &nbsp;</FONT></TD>
<TD STYLE="vertical-align: top; font-size: 10pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>Number
:&nbsp;&nbsp;CO-053</I></B></FONT></TD></TR>
<TR STYLE="font-size: 10pt">
<TD COLSPAN="2" STYLE="font-size: 10pt">&nbsp;</TD>
<TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD></TR>
<TR STYLE="font-size: 10pt; vertical-align: super">
<TD STYLE="font-weight: normal; text-align: left; font-size: 10pt; font-style: italic"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; vertical-align: baseline"><I>Date
Developed:&nbsp;&nbsp;August 26, 1993</I></FONT></TD>
<TD STYLE="font-weight: normal; text-align: center; font-size: 10pt; font-style: italic"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; vertical-align: baseline"><I>Revision
Date: </I>February 6, 2021</FONT></TD>
<TD STYLE="font-weight: normal; text-align: right; font-size: 10pt; font-style: italic"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; vertical-align: baseline"><I>Last
Reviewed: March 10, 2025</I></FONT></TD></TR>
<TR STYLE="font-size: 10pt; vertical-align: super">
<TD STYLE="font-weight: normal; text-align: left; font-size: 10pt; font-style: italic">&nbsp;</TD>
<TD STYLE="font-weight: normal; text-align: center; font-size: 10pt; font-style: italic">&nbsp;</TD>
<TD STYLE="font-weight: normal; text-align: right; font-size: 10pt; font-style: italic">&nbsp;</TD></TR>
<TR STYLE="font-size: 10pt; vertical-align: super">
<TD COLSPAN="3" STYLE="font-weight: normal; text-align: left; font-size: 10pt; font-style: italic"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; vertical-align: baseline"><I>Document
Owner:&nbsp;&nbsp;<U>General Counsel</U></I></FONT></TD></TR>
<TR STYLE="font-size: 10pt; vertical-align: super">
<TD COLSPAN="3" STYLE="font-weight: normal; text-align: left; font-size: 10pt; font-style: italic">&nbsp;</TD></TR>
<TR STYLE="font-size: 10pt; vertical-align: top">
<TD COLSPAN="3" STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>Document Contact:&nbsp;&nbsp;<U>Vice
President Legal Affairs, Corporate; Vice President Communications </U></I></FONT></TD></TR>
<TR STYLE="font-size: 5pt; vertical-align: top">
<TD COLSPAN="3" STYLE="border-bottom: Black 1pt solid; font-size: 5pt">&nbsp;</TD></TR>
<TR STYLE="font-size: 10pt">
<TD STYLE="font-size: 10pt; width: 33%"><FONT STYLE="font-size: 1pt">&nbsp;</FONT></TD>
<TD STYLE="font-size: 10pt; width: 34%"><FONT STYLE="font-size: 1pt">&nbsp;</FONT></TD>
<TD STYLE="font-size: 10pt; width: 33%"><FONT STYLE="font-size: 1pt">&nbsp;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>SCOPE AND PURPOSE</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">This policy guidance&nbsp;&amp;
standard (PG&amp;S) applies to Suncor Energy Inc. and its subsidiaries world-wide (collectively &ldquo;Suncor&rdquo; or the &ldquo;Company&rdquo;).
</FONT>All Suncor Employees must comply with this PG&amp;S.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Officers and employees of Suncor (&ldquo;Employees&rdquo;)
are sometimes invited to serve as directors, officers or trustees of business or non-profit organizations not affiliated with Suncor.
Employees are also encouraged to become active in community and social organizations that improve the public welfare. Service on outside
boards provides an opportunity for personal and professional development for Employees and is often beneficial to Suncor. However, such
service could present issues, such as potential conflicts of interest, or lead to confusion over commitments. Therefore, the following
guidance and standards are provided to clarify these situations for Employees and their managers.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">This PG&amp;S is subject to and forms part of Suncor&rsquo;s Standards
of Business Conduct Code and Compliance Program.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>GUIDANCE&nbsp;&amp; STANDARDS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Employees considering accepting a position as
director, officer or trustee of business, charitable or non-profit organizations must disclose such positions to their manager, who will
then work with the Employee to determine whether approval is necessary. New Employees must disclose existing relationships to their manager
upon being hired, and obtain approvals where necessary. Please read the following sections carefully for additional information:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">INDEX</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">1.</TD><TD STYLE="text-align: justify">Disclosure Guidelines</TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">2.</TD><TD STYLE="text-align: justify">When Suncor invites you be a Director, Officer
                                            or Trustee</TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">3.</TD><TD STYLE="text-align: justify">When you are invited to be a Director, Officer
                                            or Trustee of a charitable or other non-profit organization or association</TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">4.</TD><TD STYLE="text-align: justify">When you are invited to be a Director, Officer
                                            or Trustee of a business</TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">5.</TD><TD STYLE="text-align: justify">Approval Process</TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">6.</TD><TD STYLE="text-align: justify">Insurance</TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">7.</TD><TD STYLE="text-align: justify">Expenses, Commitments, and Funding</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 36 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="border-top: Black 1pt solid; font-size: 10pt">&nbsp;</TD><TD STYLE="border-top: Black 1pt solid; text-align: right; font-size: 10pt">&nbsp;</TD></TR><TR STYLE="vertical-align: top"><TD STYLE="width: 69%; font-size: 10pt">DIRECTORS, OFFICERS, TRUSTEES AND BOARD MEMBERS OF OUTSIDE ORGANIZATIONS</TD><TD STYLE="width: 31%; text-align: right; font-size: 10pt">Last Reviewed: March 2025</TD></TR></TABLE><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="border-top: Black 1pt solid; font-size: 10pt">&nbsp;</TD><TD STYLE="border-top: Black 1pt solid; text-align: right; font-size: 10pt">&nbsp;</TD></TR><TR STYLE="vertical-align: top"><TD STYLE="border-bottom: Black 1pt solid; width: 86%; font-size: 10pt">Current versions of approved documents are maintained online. Printed copies are uncontrolled.</TD><TD STYLE="border-bottom: Black 1pt solid; width: 14%; text-align: right; font-size: 10pt">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --> of 4</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in; text-align: left"><FONT STYLE="text-transform: uppercase">1.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="text-transform: uppercase">Disclosure
                                            Guidelines</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Disclosure by Employees of their service or proposed
service should include enough information for management to understand the benefits to Suncor and the Employee, the potential impact
on the Employee&rsquo;s duties, and any perception or reputation risks that could arise. Employees must provide, in writing, any or all
of the same information required for formal approval. Please refer to &ldquo;Approval Process&rdquo; below. Based on this information,
the manager will determine whether approval is required. Managers should seek the advice of Legal or Internal Audit if they are uncertain
of the risks or mitigating controls of a particular situation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in; text-align: left"><FONT STYLE="text-transform: uppercase">2.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="text-transform: uppercase">When
                                            Suncor invites you to be a Director, Officer or Trustee</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">If Suncor provides a written invitation to become
a director, officer or trustee of an organization where Suncor has 1% or greater share ownership, approval is implied.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Expenses to attend board meetings or other expenses
incurred by an Employee serving as a director, officer or trustee of a company at Suncor&rsquo;s request, will be reimbursed by Suncor
or paid directly by that company. Please read section 6 regarding insurance coverage.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="text-transform: uppercase">3.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="text-transform: uppercase">When
                                            you are invited to be a Director, Officer or Trustee of charitable or other non-profit organizations
                                            or associations</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">If the disclosed position relates to being a
director, officer or trustee of an estate, a non-profit trust, or an educational, charitable, religious, political, professional or community
organization, no Suncor approval is required, <B>provided that</B> no perceived conflict of interest (as defined in <B><I>Conflict of
Interest and Confidentiality PG&amp;S</I></B>) or interference with the complete discharge of duties to Suncor would occur. For example,
the position will have little or no impact on time or resources otherwise required for fulfilling duties to the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Employees involved in charitable organizations
must also disclose such relationship to the Director, Community Investment, who will provide information about the granting criteria
under which the Foundation operates. Such organizations might seek funds from Suncor, but the Employee should not assume that funds would
be available. Please refer to the &ldquo;Expenses, Commitment and Funding&rdquo; section below.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Written management approval is required for all
positions not described above. Such approval is designed to manage liability and the reputation of the Employee and Suncor. Please refer
to &ldquo;Approval Process&rdquo; below.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in; text-align: left"><FONT STYLE="text-transform: uppercase">4.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="text-transform: uppercase">When
                                            you are invited to be a Director, Officer or Trustee of a business</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">If the disclosed position relates to being a
director, officer or trustee of a business, no Suncor approval is required, <B>provided that</B> no perceived conflict of interest (as
defined in <B><I>Conflict of Interest and Confidentiality PG&amp;S</I></B>) or interference with the complete discharge of the individual's
duties to Suncor would occur. For example, the position will have little or no impact on the individual's time or resources otherwise
required for fulfilling duties to the Company, <B>and</B> Suncor does not and cannot reasonably be expected to transact or compete with
such business.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Employee service as a director, officer or trustee
in a business organization not exempted above requires the written approval of the respective business unit or function Vice President,
Executive Vice President or Senior Vice President (&ldquo;Management&rdquo;), <B>and</B> the General Counsel of Suncor.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Executive Leadership Team members must submit
their request to the CEO, who will forward it to Suncor&rsquo;s board of directors. Such approvals are designed to manage liability and
the reputation of the Employee and Suncor.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="border-top: Black 1pt solid; font-size: 10pt">&nbsp;</TD><TD STYLE="border-top: Black 1pt solid; text-align: right; font-size: 10pt">&nbsp;</TD></TR><TR STYLE="vertical-align: top"><TD STYLE="width: 69%; font-size: 10pt">DIRECTORS, OFFICERS, TRUSTEES AND BOARD MEMBERS OF OUTSIDE ORGANIZATIONS</TD><TD STYLE="width: 31%; text-align: right; font-size: 10pt">Last Reviewed: March 2025</TD></TR></TABLE><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="border-top: Black 1pt solid; font-size: 10pt">&nbsp;</TD><TD STYLE="border-top: Black 1pt solid; text-align: right; font-size: 10pt">&nbsp;</TD></TR><TR STYLE="vertical-align: top"><TD STYLE="border-bottom: Black 1pt solid; width: 86%; font-size: 10pt">Current versions of approved documents are maintained online. Printed copies are uncontrolled.</TD><TD STYLE="border-bottom: Black 1pt solid; width: 14%; text-align: right; font-size: 10pt">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence --> of 4</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in; text-align: left"><FONT STYLE="text-transform: uppercase">5.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="text-transform: uppercase">Approval
                                            process</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">All requests for approval should address the
following questions and issues, where applicable:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">1.</TD><TD STYLE="text-align: justify">A description clearly outlining the duties
                                            expected of the Employee by the organization. Names and background information on other board
                                            members, officers or trustees, if commonly published or distributed.</TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">2.</TD><TD STYLE="text-align: justify">A clear description of the position.</TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">3.</TD><TD STYLE="text-align: justify">An outline of time commitment required.
                                            Include an aggregated estimate of time commitments if you are serving on multiple boards.</TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">4.</TD><TD STYLE="text-align: justify">An outline from the organization describing
                                            its future plans, range of business activity, ownership,&nbsp;etc. Ensure enough information
                                            is provided to judge any potential conflicts with Suncor business.</TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">5.</TD><TD STYLE="text-align: justify">Description of any of your previous board
                                            service.</TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">7.</TD><TD STYLE="text-align: justify">A statement of benefits of the directorship
                                            or trusteeship to Suncor and the Employee, including any remuneration.</TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">8.</TD><TD STYLE="text-align: justify">Information regarding coverage under
                                            the organizations&rsquo; directors&rsquo; and officers&rsquo; liability insurance policy
                                            including details of director indemnification according to the bylaws of the organization.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">If approval is recommended by Management, the
above documentation will be forwarded to the General Counsel of Suncor for final approval. Employees will be advised in writing of the
decision regarding their request, including any constraints, monitoring or other risk mitigation requirements associated with such approval.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Management will forward copies of all documentation
pertaining to this decision to Human Resources for retention in the Employee's file. In addition, the Employee will be required, through
the Standards of Business Conduct Compliance Program, to disclose any significant changes to their relationship with the outside organization.
Management will provide their Finance Director with the names of business organizations and the Employees associated with them, in order
to enable monitoring of the status of Suncor transactions with the identified businesses.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in; text-align: left">6.</TD><TD STYLE="text-align: justify">INSURANCE</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Employees may be requested in writing by Suncor,
as part of the normal duties of employment, to serve as a director of an outside organization. Before issuing such a request, Management
should discuss relevant insurance coverage with the Director,&nbsp;Insurance, so that appropriate information can be included in the
request document.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Such Employees would be indemnified by Suncor
for all reasonable costs, charges, claims and expenses including, without limitation, amounts paid to settle an action or satisfy a judgement
reasonably incurred in respect of any civil, criminal or administrative action or proceeding to which the Employee is made a party by
reason of his or her having served as a director of such organization, subject to the limitations of applicable law. In addition, an
Employee who serves at Suncor's written request as a director or trustee of an outside organization may, depending on the circumstances,
be provided certain coverage under Suncor's Directors' and Officers' Liability Insurance Policy.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Where an Employee serves on a non-profit organization,
Suncor may consider the Employee eligible for coverage under Suncor&rsquo;s Directors&rsquo; and Officers&rsquo; Liability Plan. Application
forms and details of specific requirements must be obtained from the Director,&nbsp;Insurance. Insurance coverage must not be assumed;
it is only considered effective upon written confirmation from the Director,&nbsp;Insurance. Once covered, the Employee must notify the
Director,&nbsp;Insurance of changes in the Employee&rsquo;s role or position with the outside organization.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="border-top: Black 1pt solid; font-size: 10pt">&nbsp;</TD><TD STYLE="border-top: Black 1pt solid; text-align: right; font-size: 10pt">&nbsp;</TD></TR><TR STYLE="vertical-align: top"><TD STYLE="border-bottom: Black 1pt solid; width: 86%; font-size: 10pt">Current versions of approved documents are maintained online. Printed copies are uncontrolled.</TD><TD STYLE="border-bottom: Black 1pt solid; width: 14%; text-align: right; font-size: 10pt">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->4<!-- Field: /Sequence --> of 4</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in; text-align: left"><FONT STYLE="text-transform: uppercase">7.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="text-transform: uppercase">Expenses,
                                            Commitments and Funding</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Unless specifically requested by Suncor to serve,
no expenses incurred by an Employee serving as a director, officer or trustee will be incurred or paid by Suncor. The Employee may accept
and retain annual fees, meeting fees, other remuneration or reimbursed expenses specifically related to such services as director, officer
or trustee.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Employees participating in the governance or
fund-raising activities of non-profit organizations should clarify with their manager what commitment and spending authority they may
be given relating to Suncor support or sponsorship of the organization (either in funds, time or use of Suncor&rsquo;s facilities and
equipment).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><U>Those participating
in non-profit organizations have no commitment authority from Suncor relating to donations, and should not assume financial support will
be forthcoming</U></FONT>. However, in the right circumstances, financial support may be made available from the Suncor Energy Foundation.
Therefore, Employees involved in charitable organizations must disclose such relationship to the Director, Community Investment and Social
Innovation, and discuss the granting criteria under which the Foundation operates, and the process for applying for funding.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>EXCEPTIONS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">This PG&amp;S does not apply to members of the
board of directors of Suncor who are not also Employees. Suncor&rsquo;s board of directors maintains its own policies and procedures
relating to the subject matter of this PG&amp;S. The pre-approval requirements of this PG&amp;S do not apply to suppliers, contractors,
consultants or agents of Suncor Energy Inc. For certainty, however, such requirements are applicable to independent contractors (formerly
referred to as contract workers). Individuals who are paid through Suncor's payroll system and subject to source withholding of income
tax, CPP and other similar employer withholdings are <U>not</U> independent contractors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>REFERENCES TO RELATED DOCUMENTS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B><I>Conflict of Interest and Confidentiality
PG&amp;S</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B><I>Standards of Business Conduct Compliance
Program</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B><I>Suncor Energy Foundation section of the
Suncor Energy website</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 39; Options: NewSection; Value: 1 -->
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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="border-top: Black 1pt solid; font-size: 10pt">&nbsp;</TD><TD STYLE="border-top: Black 1pt solid; text-align: right; font-size: 10pt">&nbsp;</TD></TR><TR STYLE="vertical-align: top"><TD STYLE="border-bottom: Black 1pt solid; width: 86%; font-size: 10pt">Current versions of approved documents are maintained online. Printed copies are uncontrolled.</TD><TD STYLE="border-bottom: Black 1pt solid; width: 14%; text-align: right; font-size: 10pt">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --> of 4</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
<TD STYLE="vertical-align: top; font-size: 10pt"><IMG SRC="tm248693d1_ex99-1suncor.jpg" ALT=""></TD>
<TD STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; background-color: White"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>POLICY
GUIDANCE &amp; STANDARDS</I></B></FONT></TD>
<TD STYLE="font: 10pt Times New Roman, Times, Serif; background-color: White">&nbsp;</TD></TR>
<TR>
<TD STYLE="vertical-align: top; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
<TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif; background-color: White"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR>
<TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>DISCLOSURE OF MATERIAL INFORMATION &amp;
TRADING IN SHARES &amp; SECURITIES</B> &nbsp;</FONT></TD>
<TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>Number
:&nbsp;&nbsp;CO-054</I></FONT></TD></TR>
<TR>
<TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
<TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: super">
<TD STYLE="font-weight: normal; text-align: left; font-size: 10pt; font-style: italic"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; vertical-align: baseline"><I>Date
Developed:&nbsp;&nbsp;October 26, 1998</I></FONT></TD>
<TD STYLE="font: normal italic 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; vertical-align: baseline"><I>Revision
Date:&nbsp;&nbsp;February 20, 2024</I></FONT></TD>
<TD STYLE="font: normal italic 10pt Times New Roman, Times, Serif; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; vertical-align: baseline"><I>Last
Reviewed:&nbsp;&nbsp;March 10, 2025</I></FONT></TD></TR>
<TR STYLE="vertical-align: super">
<TD STYLE="font-weight: normal; text-align: left; font-size: 10pt; font-style: italic"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
<TD STYLE="font: normal italic 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
<TD STYLE="font: normal italic 10pt Times New Roman, Times, Serif; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: super">
<TD COLSPAN="3" STYLE="font-weight: normal; text-align: left; font-size: 10pt; font-style: italic"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; vertical-align: baseline"><I>Document
Owner:&nbsp;&nbsp;&nbsp;<U>General Counsel</U></I></FONT></TD></TR>
<TR STYLE="vertical-align: super">
<TD COLSPAN="3" STYLE="font-weight: normal; text-align: left; font-size: 10pt; font-style: italic"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD COLSPAN="3" STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>Document Contact:&nbsp;&nbsp;<U>Vice
President Legal Affairs, Corporate</U></I></FONT></TD></TR>
<TR STYLE="font-size: 5pt">
<TD STYLE="font-size: 5pt; border-bottom: Black 1pt solid; width: 33%"><FONT STYLE="font-size: 5pt">&nbsp;</FONT></TD>
<TD STYLE="border-bottom: Black 1pt solid; font: 5pt Times New Roman, Times, Serif; width: 34%"><FONT STYLE="font-size: 5pt">&nbsp;</FONT></TD>
<TD STYLE="border-bottom: Black 1pt solid; font: 5pt Times New Roman, Times, Serif; width: 33%"><FONT STYLE="font-size: 5pt">&nbsp;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>SCOPE AND PURPOSE</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">This policy guidance&nbsp;&amp; standard (PG&amp;S)
applies to Suncor Energy Inc. and its subsidiaries world-wide (collectively &ldquo;Suncor&rdquo; or the &ldquo;Company&rdquo;). References
in this document to &ldquo;Suncor Personnel&rdquo; include members of the board of directors, officers, employees and independent contractors
(formerly referred to as contract workers) of Suncor. All Suncor Personnel must comply with this PG&amp;S.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Supervisors and managers are expected to promote
a working environment consistent with this PG&amp;S and assist Suncor Personnel within their supervision to understand and comply with
this PG&amp;S.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">This PG&amp;S is subject to and forms part of Suncor&rsquo;s Standards
of Business Conduct Code and Compliance Program.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>GUIDANCE&nbsp;&amp; STANDARDS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Securities laws, including the requirements of
securities regulatory authorities and stock exchanges (&ldquo;Securities Laws&rdquo;), impose certain obligations upon public companies,
such as Suncor, to publicly disclose material information. Persons who have knowledge of undisclosed material information relating to
public companies are prohibited from trading in shares and other securities under several securities and criminal laws. Suncor will comply
with the requirements of Securities Laws respecting disclosure of material information. All Suncor Personnel will comply with the requirements
of applicable law relating to trading in shares and other securities.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">APPLICATION</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-size: 10pt">I</FONT>.</TD><TD STYLE="text-align: justify">Suncor
                                            Personnel who become aware of material information not generally known within the organization
                                            should immediately report it to their supervisor and should not discuss it with anyone else
                                            unless otherwise instructed by their supervisor. The information shall be relayed immediately
                                            and confidentially to a member of Suncor&rsquo;s Material Information Committee, which Committee
                                            will be responsible for directing disclosure and advising the informant of such disclosure.
                                            The members of the Material Information Committee include the President and Chief Executive
                                            Officer, the Vice President, Sustainability&nbsp;&amp; Communications<I>,</I> the Chief Financial
                                            Officer, General Counsel, the Vice President,&nbsp;Investor Relations and the Vice President
                                            Legal Affairs, Corporate and such other officers of Suncor as may be identified from time
                                            to time in the Material Information Committee PG&amp;S, as well as each individual to whom
                                            a member of the Committee has designated to exercise his or her authority during the member&rsquo;s
                                            absence. As a general rule, whenever the Committee becomes aware of material information
                                            regarding the affairs of Suncor, a press release disclosing the nature and substance of the
                                            information will be issued. See <B>&ldquo;Communications to the Public PG&amp;S&rdquo;.</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 40 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="border-top: Black 1pt solid; font-size: 10pt">&nbsp;</TD><TD STYLE="border-top: Black 1pt solid; text-align: right; font-size: 10pt">&nbsp;</TD></TR><TR STYLE="vertical-align: top"><TD STYLE="width: 69%; font-size: 10pt">DISCLOSURE OF MATERIAL INFORMATION &amp; TRADING IN SHARES &amp; SECURITIES</TD><TD STYLE="width: 31%; text-align: right; font-size: 10pt">Last Reviewed: March 2025</TD></TR></TABLE><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="border-top: Black 1pt solid; font-size: 10pt">&nbsp;</TD><TD STYLE="border-top: Black 1pt solid; text-align: right; font-size: 10pt">&nbsp;</TD></TR><TR STYLE="vertical-align: top"><TD STYLE="border-bottom: Black 1pt solid; width: 86%; font-size: 10pt">Current versions of approved documents are maintained online. Printed copies are uncontrolled.</TD><TD STYLE="border-bottom: Black 1pt solid; width: 14%; text-align: right; font-size: 10pt">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --> of 4</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-size: 10pt">II</FONT>.</TD><TD STYLE="text-align: justify">Suncor
                                            Personnel must not trade in shares or other securities of Suncor, including, by way of example,
                                            shares acquired through the exercise of a stock option, with knowledge of undisclosed material
                                            information regarding the affairs of Suncor and shall not engage in any other action to take
                                            personal advantage of such undisclosed material information. Material information is considered
                                            generally disclosed after it has been accurately published and widely disseminated (through
                                            major newswire services, national news services and financial news services) and sufficient
                                            time (at least one trading day) has elapsed to permit evaluation of the information by the
                                            investing public. Therefore, Suncor Personnel should not attempt to &ldquo;beat the market&rdquo;
                                            by trading simultaneously with, or shortly after, the official release of material information.
                                            Trading in shares or other securities of Suncor is not made permissible merely because material
                                            information is reflected in rumours or other unofficial statements in the market place.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-size: 10pt">III</FONT>.</TD><TD STYLE="text-align: justify">Suncor
                                            Personnel may become aware of undisclosed material information regarding another corporation
                                            as a result of Suncor&rsquo;s activity with that other corporation (for example, Suncor may
                                            be involved in a joint venture or other project with another corporation). Information not
                                            material to Suncor may be material to a supplier of Suncor or other corporation Suncor deals
                                            with. Suncor Personnel should not trade in the shares or other securities of the other corporation
                                            with knowledge of undisclosed material information regarding the affairs of the other corporation.
                                            These trading restrictions also apply to anyone who learns of the information from another
                                            person who he or she knows or ought reasonably to know is a person in a special relationship
                                            with Suncor or another corporation. The directors, officers, employees and professional advisors
                                            of a public company are among those persons considered to be persons in a special relationship
                                            with that company.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-size: 10pt">IV</FONT>.</TD><TD STYLE="text-align: justify">Except
                                            in the necessary course of Suncor&rsquo;s business, Suncor Personnel should not inform other
                                            persons about undisclosed material information before the material information has been publicly
                                            disclosed. Suncor Personnel should not inform other persons about undisclosed material information,
                                            even if in the necessary course of Suncor&rsquo;s business, if he or she has reason to believe
                                            that the information will be improperly used. Suncor Personnel in possession of undisclosed
                                            material information should not encourage or advise another person to trade in Suncor&rsquo;s
                                            shares or other securities.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">V.</TD><TD STYLE="text-align: justify">If you become aware, or suspect, that persons
                                            are trading in shares or other securities with undisclosed material information, or are informing
                                            others of confidential material information, you should immediately advise Suncor&rsquo;s
                                            General Counsel of any information that you have regarding such activities.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">VI.</TD><TD STYLE="text-align: justify">Suncor Personnel must forego trades in Suncor
                                            securities in order to comply with this PG&amp;S, even if it causes them negative consequences,
                                            such as losses or foregoing gains. This applies even if the transaction is necessary or justifiable
                                            for independent reasons (e.g., to raise money for an emergency) &ndash; Securities Laws do
                                            not recognize such mitigating circumstances.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">VII.</TD><TD STYLE="text-align: justify">Suncor Personnel should make their investments
                                            in Suncor for the long term. Suncor Personnel shall not engage in short selling in shares
                                            of Suncor or purchase financial instruments (including, for greater certainty, puts, options,
                                            calls, prepaid variable forward contracts, equity swaps, collars or units of exchange funds)
                                            that are designed to hedge or offset a change in the market value of common shares or other
                                            securities of Suncor held by the person. For the purposes of this PG&amp;S, short selling
                                            does not include a sale of shares not currently owned so long as the seller owns an immediately
                                            exercisable option to acquire the number of shares sold, and the sale and exercise is conducted
                                            in accordance with Suncor approved procedures for the exercise of options under official
                                            Suncor equity compensation plans such as the Executive Stock Option Plan and the Key Contributor
                                            Stock Option Plan.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 41 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="border-top: Black 1pt solid; font-size: 10pt">&nbsp;</TD><TD STYLE="border-top: Black 1pt solid; text-align: right; font-size: 10pt">&nbsp;</TD></TR><TR STYLE="vertical-align: top"><TD STYLE="width: 69%; font-size: 10pt">DISCLOSURE OF MATERIAL INFORMATION &amp; TRADING IN SHARES &amp; SECURITIES</TD><TD STYLE="width: 31%; text-align: right; font-size: 10pt">Last Reviewed: March 2025</TD></TR></TABLE><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="border-top: Black 1pt solid; font-size: 10pt">&nbsp;</TD><TD STYLE="border-top: Black 1pt solid; text-align: right; font-size: 10pt">&nbsp;</TD></TR><TR STYLE="vertical-align: top"><TD STYLE="border-bottom: Black 1pt solid; width: 86%; font-size: 10pt">Current versions of approved documents are maintained online. Printed copies are uncontrolled.</TD><TD STYLE="border-bottom: Black 1pt solid; width: 14%; text-align: right; font-size: 10pt">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence --> of 4</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">VIII.</TD><TD STYLE="text-align: justify">Suncor Personnel shall not trade in shares
                                            and other securities of Suncor two trading days prior to the day of the preliminary announcement
                                            of Suncor&rsquo;s quarterly and annual financial results, or during the one full trading
                                            day after the announcement is made. For example, if quarterly results are announced on a
                                            Tuesday subsequent to market closing, trading would be prohibited during the preceding Monday
                                            and Tuesday, and during Wednesday, being one trading day after the announcement. During these
                                            periods, Suncor Personnel may possess, or be perceived as possessing, inside information
                                            and any trading in shares or securities of Suncor may be, or may be perceived as being, improper.
                                            More stringent restrictions, including quarterly trading blackout periods, are applicable
                                            to Suncor&rsquo;s directors, senior officers and other employees in sensitive positions (collectively,
                                            &ldquo;Restricted Persons&rdquo;) as designated by the Material Information Committee. For
                                            Restricted Persons, these more stringent restrictions supplement and form part of this PG&amp;S.
                                            See <B><I>Trading Blackouts for Restricted Persons PG&amp;S</I></B>, which has application
                                            to designated Restricted Persons.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">IX.</TD><TD STYLE="text-align: justify">This PG&amp;S continues to apply to you so
                                            long as you have material information, even if you have terminated your employment or arrangement
                                            with Suncor, until the material information becomes public or non-material.</TD></TR></TABLE>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">PENALTIES AND LIABILITIES</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Any indication of conduct involving violations
of Securities Laws, or this PG&amp;S, will be promptly and thoroughly investigated.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In Canada, Suncor Personnel who trade or inform
in contravention of the above prohibitions are subject to criminal, civil and statutory penalties including fines of up to Cdn $5 million
or four times the profit gained or loss avoided, imprisonment for up to 10 years, and to civil liability to sellers or purchasers of
shares or securities. Penalties in the U.S. include fines up to U.S. $5 million and imprisonment for up to twenty years and to civil
liability of up to three times the profit gained or loss avoided. In addition to these and other potential legal consequences, such persons
would be accountable to Suncor for any benefit or advantage received by them, and subject to disciplinary action, which may include immediate
dismissal.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Suncor Personnel should carefully consider how
their transaction may be construed by enforcement authorities who have the benefit of hindsight.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">REPORTING OF TRADES IN SUNCOR SECURITIES BY DIRECTORS
AND SENIOR OFFICERS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Directors and all Senior and Executive Vice Presidents
of Suncor whom report to the Chief Executive Officer of Suncor are required to file insider reports relating to each transaction involving
the acquisition or disposition of Suncor securities, including the exercise of stock options, with all applicable regulatory authorities.
Suncor Personnel who have been designated as &ldquo;Reporting Insiders&rdquo; should refer to <B><I>Reporting Insiders PG&amp;S</I></B>,
for guidance on the requirements and processes for insider reporting.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>EXCEPTIONS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">None</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 42 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="border-top: Black 1pt solid; font-size: 10pt">&nbsp;</TD><TD STYLE="border-top: Black 1pt solid; text-align: right; font-size: 10pt">&nbsp;</TD></TR><TR STYLE="vertical-align: top"><TD STYLE="width: 69%; font-size: 10pt">DISCLOSURE OF MATERIAL INFORMATION &amp; TRADING IN SHARES &amp; SECURITIES</TD><TD STYLE="width: 31%; text-align: right; font-size: 10pt">Last Reviewed: March 2025</TD></TR></TABLE><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="border-top: Black 1pt solid; font-size: 10pt">&nbsp;</TD><TD STYLE="border-top: Black 1pt solid; text-align: right; font-size: 10pt">&nbsp;</TD></TR><TR STYLE="vertical-align: top"><TD STYLE="border-bottom: Black 1pt solid; width: 86%; font-size: 10pt">Current versions of approved documents are maintained online. Printed copies are uncontrolled.</TD><TD STYLE="border-bottom: Black 1pt solid; width: 14%; text-align: right; font-size: 10pt">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->4<!-- Field: /Sequence --> of 4</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>DEFINITIONS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><B>Material information
</B></FONT>means either a material change or a material fact. A material fact or change in the affairs of a corporation is one that significantly
affects, or would reasonably be expected to have a significant effect on, the market price or value of any shares or securities of the
corporation. Often, the fact or change would be internal to the affairs of the corporation, but an external event could cause a material
change in the corporation&rsquo;s affairs. Examples of possible material facts or changes include: drilling results; asset acquisitions
or dispositions; developments in exploration programs; financial results; pipeline leaks; oil spills; plant upsets; fires; entering into
major product sales agreements. A decision by the Company&rsquo;s board of directors or, where directors&rsquo; confirmation is probable,
a decision by the Company&rsquo;s senior management, may constitute a material change. Material decisions or facts could include for
example, approval of a financing plan, public share offering or private share placement; authorization of a take-over bid or business
acquisition; approval of a reorganization, merger or other corporate transaction; significant policy changes; a declaration or omission
of or a change in dividends.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><B>Trading in securities
</B></FONT>means all transactions, including purchases and sales, involving shares or other securities. The only routine exception is
for purchases of shares under an <U>automatic</U> purchase plan, such as the Suncor savings plan stock fund or dividend reinvestment
plan. However, any purchases under these plans that involve an investment decision (such as a discretionary optional cash purchase or
a decision to join the plan) are <U>not an automatic purchase.</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>REFERENCES TO RELATED DOCUMENTS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B><I>Business Conduct Code and Compliance Program
PG&amp;S</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B><I>Material Information Committee PG&amp;S</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B><I>Trading Blackouts for Restricted Persons
PG&amp;S</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B><I>Reporting Insiders PG&amp;S</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B><I>Communications to the Public PG&amp;S</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 43; Options: NewSection; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="border-top: Black 1pt solid; font-size: 10pt">&nbsp;</TD><TD STYLE="border-top: Black 1pt solid; text-align: right; font-size: 10pt">&nbsp;</TD></TR><TR STYLE="vertical-align: top"><TD STYLE="width: 69%; font-size: 10pt">DISCLOSURE OF MATERIAL INFORMATION &amp; TRADING IN SHARES &amp; SECURITIES</TD><TD STYLE="width: 31%; text-align: right; font-size: 10pt">Last Reviewed: March 2025</TD></TR></TABLE><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-bottom: 3pt; border-bottom: Black 1pt solid; width: 50%"><IMG SRC="tm259647d1_ex99-1im001.jpg" ALT="">&nbsp;</TD>
    <TD STYLE="padding-bottom: 3pt; vertical-align: bottom; border-bottom: Black 1pt solid; font-size: 10pt; text-align: right; width: 50%"><P STYLE="margin-top: 0; margin-bottom: 0">Enterprise
                                            Policy</P>
                                                                                                                       <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></P>
                                                                                <P STYLE="margin-top: 0; margin-bottom: 0">Equal Opportunity
                                            and Inclusion Policy</P></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B>Equal Opportunity and Inclusion Policy</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-size: 10pt">Effective
                                            Date: On Date Approved</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-size: 10pt">Owned by: VP HR Talent,
Learning&nbsp;&amp; Total Rewards</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-size: 10pt">Reviewed every 5
years</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-size: 10pt">Livelink ID: 692958857</FONT></P>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-size: 10pt">Controlled Document</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-size: 10pt">Copyright &copy;
2020 Suncor Energy Inc. All rights reserved.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 44; Options: NewSection; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt"></P><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD COLSPAN="3" STYLE="border-top: Black 1pt solid; font-size: 10pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">The current revision of this approved document is kept online. Printed and digital copies are uncontrolled.</FONT></TD></TR><TR STYLE="vertical-align: top"><TD STYLE="width: 18%; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">SUN-00250</FONT></TD><TD STYLE="width: 64%; font-size: 10pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --> of 4</FONT></TD><TD STYLE="width: 18%; font-size: 10pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">Revision: 1.1</FONT></TD></TR></TABLE><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><P STYLE="margin: 0pt"></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-bottom: 3pt; border-bottom: Black 1pt solid; width: 50%"><IMG SRC="tm259647d1_ex99-1im001.jpg" ALT="">&nbsp;</TD>
    <TD STYLE="padding-bottom: 3pt; vertical-align: bottom; border-bottom: Black 1pt solid; font-size: 10pt; text-align: right; width: 50%"><P STYLE="margin-top: 0; margin-bottom: 0">Enterprise
                                            Policy</P>
                                                                                                                       <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></P>
                                                                                <P STYLE="margin-top: 0; margin-bottom: 0">Equal Opportunity
                                            and Inclusion Policy</P></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

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<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-size: 10pt"><B>1</B></FONT></TD><TD><FONT STYLE="font-size: 10pt"><B>About
                                            this Policy</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

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  <TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left; vertical-align: top"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left; width: 20%; vertical-align: top"><FONT STYLE="font-size: 10pt"><B>Target Audience</B></FONT></TD>
    <TD STYLE="text-align: justify; width: 80%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">This Policy applies
    to Suncor Energy Inc., its subsidiaries and any joint ventures which are operated by Suncor Energy Inc. or its subsidiaries (collectively
    &ldquo;Suncor&rdquo; or &ldquo;the company&rdquo; or &ldquo;enterprise-wide&rdquo;).</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">As used in this document,
    &ldquo;Suncor Personnel&rdquo; includes directors, officers, employees and independent contractors (formerly referred to as contract
    workers) of Suncor as well as employees of any joint ventures which are operated by Suncor.</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  </TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

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<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-size: 10pt"><B>2</B></FONT></TD><TD><FONT STYLE="font-size: 10pt"><B>Equal
                                            Opportunity and Inclusion Policy</B></FONT></TD></TR></TABLE>

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<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-size: 10pt"><B>2.1</B></FONT></TD><TD><FONT STYLE="font-size: 10pt"><B>Policy
                                            Statement</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

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  <TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left; vertical-align: top"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; border-top: Black 1pt solid; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left; width: 20%; vertical-align: top"><FONT STYLE="font-size: 10pt"><B>Inclusion</B>&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; width: 80%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">We value and
    benefit from a respectful, inclusive and collaborative culture, which contributes to stronger performance, and a healthier workplace.</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left; vertical-align: top"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left; vertical-align: top"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">We will provide a work environment
    that encourages mutual respect and positive working relationships where everyone can thrive and feel a sense of belonging.</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left; vertical-align: top"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left; vertical-align: top"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; border-top: Black 1pt solid; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left; vertical-align: top"><FONT STYLE="font-size: 10pt"><B>Equal Opportunity</B></FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">We will provide equal opportunity
    for consideration for employment and advancement based on business needs, job requirements, skills, ability and potential, in accordance
    with all applicable laws and regulations to individuals who are qualified to perform job requirements.</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left; vertical-align: top"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left; vertical-align: top"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; border-top: Black 1pt solid; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left; vertical-align: top"><FONT STYLE="font-size: 10pt"><B>Support Diversity&nbsp;</B></FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">We will celebrate and support
    the unique experiences and voices of our people by fostering a psychologically safe work environment and work to eliminate barriers
    that prevent the full participation of employees.</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left; vertical-align: top"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  </TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

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<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-size: 10pt"><B>2.2</B></FONT></TD><TD><FONT STYLE="font-size: 10pt"><B>Guiding
                                            Principles</B></FONT></TD></TR></TABLE>

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  <TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; width: 20%; vertical-align: top"><B>&nbsp;</B></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; width: 80%">Suncor is committed to take reasonable measures
    to:</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; vertical-align: top"><B>&nbsp;</B></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; vertical-align: top"><B>&nbsp;</B></TD>
    <TD STYLE="text-align: justify; border-top: Black 1pt solid; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; vertical-align: top"><B>Eliminate Discrimination</B></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top">Eliminate discrimination and promote
    equality and diversity through our policies, practices and procedures.</TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

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    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt"></P><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD COLSPAN="3" STYLE="border-top: Black 1pt solid; font-size: 10pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">The current revision of this approved document is kept online. Printed and digital copies are uncontrolled.</FONT></TD></TR><TR STYLE="vertical-align: top"><TD STYLE="width: 18%; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">SUN-00250</FONT></TD><TD STYLE="width: 64%; font-size: 10pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --> of 4</FONT></TD><TD STYLE="width: 18%; font-size: 10pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">Revision: 1.1</FONT></TD></TR></TABLE><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><P STYLE="margin: 0pt"></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

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    <TD STYLE="padding-bottom: 3pt; border-bottom: Black 1pt solid; width: 50%"><IMG SRC="tm259647d1_ex99-1im001.jpg" ALT="">&nbsp;</TD>
    <TD STYLE="padding-bottom: 3pt; vertical-align: bottom; border-bottom: Black 1pt solid; font-size: 10pt; text-align: right; width: 50%"><P STYLE="margin-top: 0; margin-bottom: 0">Enterprise
                                            Policy</P>
                                                                                                                       <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></P>
                                                                                <P STYLE="margin-top: 0; margin-bottom: 0">Equal Opportunity
                                            and Inclusion Policy</P></TD></TR>
  </TABLE>
<P STYLE="margin: 0"></P>

<P STYLE="margin: 0"></P>

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    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; vertical-align: top; width: 20%"><B>&nbsp;</B></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; width: 80%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; vertical-align: top"><B>&nbsp;</B></TD>
    <TD STYLE="text-align: justify; border-top: Black 1pt solid; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top"><B>Remove Barriers</B></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif">Remove systemic and programmatic barriers to workplace
    participation and progression so that individuals have the opportunity to fully contribute and pursue their potential.</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; vertical-align: top"><B>&nbsp;</B></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; vertical-align: top"><B>&nbsp;</B></TD>
    <TD STYLE="text-align: justify; border-top: Black 1pt solid; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top"><B>Equity</B></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif">Undertake special efforts to attract and facilitate employment
    of diverse groups.</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: justify; border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
  </TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt"></P><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD COLSPAN="3" STYLE="border-top: Black 1pt solid; font-size: 10pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">The current revision of this approved document is kept online. Printed and digital copies are uncontrolled.</FONT></TD></TR><TR STYLE="vertical-align: top"><TD STYLE="width: 18%; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">SUN-00250</FONT></TD><TD STYLE="width: 64%; font-size: 10pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence --> of 4</FONT></TD><TD STYLE="width: 18%; font-size: 10pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">Revision: 1.1</FONT></TD></TR></TABLE><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><P STYLE="margin: 0pt"></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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    <TD STYLE="padding-bottom: 3pt; border-bottom: Black 1pt solid; width: 50%"><IMG SRC="tm259647d1_ex99-1im001.jpg" ALT="">&nbsp;</TD>
    <TD STYLE="padding-bottom: 3pt; vertical-align: bottom; border-bottom: Black 1pt solid; font-size: 10pt; text-align: right; width: 50%"><P STYLE="margin-top: 0; margin-bottom: 0">Enterprise
                                            Policy</P>
                                                                                                                       <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></P>
                                                                                <P STYLE="margin-top: 0; margin-bottom: 0">Equal Opportunity
                                            and Inclusion Policy</P></TD></TR>
  </TABLE>
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<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B>Summary of Changes</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in"><FONT STYLE="font-size: 10pt">This Summary shows:</FONT></P>

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<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-size: 10pt">&bull;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
                                            location of each change within the document</FONT></TD></TR></TABLE>

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<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-size: 10pt">&bull;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">All
                                            changes to this document since it was last approved and published</FONT></TD></TR></TABLE>

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  <TR>
    <TD STYLE="white-space: nowrap; width: 24%; border-bottom: Black 1pt solid; border-right: Black 1pt solid; padding-left: 0.05in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Location
    of Change</B></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 76%; border-bottom: Black 1pt solid; padding-left: 0.05in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Summary
    of Change</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Entire
    Document</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">This
    is the initial revision of the document.</FONT></TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;1</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Rev
    1.1 (EGD-417) &ndash; Update to Target Audience statement</FONT></TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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  <TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; width: 8%"><IMG SRC="tm259647d1_ex99-1im002.jpg" ALT=""></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 92%">Requirements changed in the new revision will be identified with
    a revision triangle beside it.</TD></TR>
  </TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<!-- Field: Page; Sequence: 47; Options: NewSection; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt"></P><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD COLSPAN="3" STYLE="border-top: Black 1pt solid; font-size: 10pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">The current revision of this approved document is kept online. Printed and digital copies are uncontrolled.</FONT></TD></TR><TR STYLE="vertical-align: top"><TD STYLE="width: 18%; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">SUN-00250</FONT></TD><TD STYLE="width: 64%; font-size: 10pt; text-align: center">4 <FONT STYLE="font-family: Times New Roman, Times, Serif"> of 4</FONT></TD><TD STYLE="width: 18%; font-size: 10pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">Revision: 1.1</FONT></TD></TR></TABLE><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><P STYLE="margin: 0pt"></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="border-top: Black 1pt solid; font-size: 10pt">&nbsp;</TD><TD STYLE="border-top: Black 1pt solid; text-align: right; font-size: 10pt">&nbsp;</TD></TR><TR STYLE="vertical-align: top"><TD STYLE="border-bottom: Black 1pt solid; width: 86%; font-size: 10pt">Current versions of approved documents are maintained online. Printed copies are uncontrolled.</TD><TD STYLE="border-bottom: Black 1pt solid; width: 14%; text-align: right; font-size: 10pt">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --> of 10</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: top; font-size: 10pt"><IMG SRC="tm248693d1_ex99-1suncor.jpg" ALT=""></TD>
    <TD STYLE="text-align: center; background-color: White; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>POLICY
    GUIDANCE&nbsp;&amp; STANDARDS</I></B></FONT></TD>
    <TD STYLE="background-color: White; font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="font-size: 10pt">
    <TD COLSPAN="2" STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt">
    <TD COLSPAN="2" STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>PREVENTION OF
    IMPROPER PAYMENTS</B></FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>Number
    : CO-056</I></FONT></TD></TR>
  <TR STYLE="font-size: 10pt">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Date Developed:&nbsp;&nbsp;September&nbsp;1,
    1980</FONT></TD>
    <TD STYLE="text-align: center; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Revision
    Date: February&nbsp;6, 2021</FONT></TD>
    <TD STYLE="text-align: right; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Last Reviewed:
    March&nbsp;10, 2025</FONT></TD></TR>
  <TR STYLE="font-size: 10pt">
    <TD COLSPAN="3" STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt">
    <TD COLSPAN="3" STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>Document Owner:&nbsp;&nbsp;<U>General
    Counsel</U></I></FONT></TD></TR>
  <TR STYLE="font-size: 10pt">
    <TD COLSPAN="3" STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt">
    <TD COLSPAN="3" STYLE="text-align: left; padding-left: 0; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>Document
    Contact:&nbsp;&nbsp;<U>Vice-President Legal Affairs, Corporate; Chief Compliance Officer</U></I></FONT></TD></TR>
  <TR STYLE="font-size: 5pt">
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 5pt; width: 33%"><FONT STYLE="font-size: 5pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 5pt; width: 34%"><FONT STYLE="font-size: 5pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 5pt; width: 33%"><FONT STYLE="font-size: 5pt">&nbsp;</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>SCOPE AND PURPOSE</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">This policy guidance&nbsp;&amp; standard (PG&amp;S)
applies to Suncor Energy Inc. and its subsidiaries (collectively &ldquo;Suncor&rdquo; or the &ldquo;Company&rdquo;). References in this
document to &ldquo;Suncor Personnel&rdquo; include members of the board of directors, officers, employees and Independent Contractors
of Suncor. All Suncor Personnel must comply with this PG&amp;S.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Supervisors and managers are expected to promote
a working environment consistent with this PG&amp;S and assist Suncor Personnel within their supervision to understand and comply with
this PG&amp;S.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">If Suncor Personnel are found to be in violation
of this PG&amp;S, appropriate corrective disciplinary action, including where appropriate dismissal or termination of contract, shall
be taken and promptly reported to the Company's Chief Compliance Officer, Chief Executive Officer and Audit Committee. Suncor Personnel
who become aware of a violation of this PG&amp;S must promptly report the matter to the Chief Compliance Officer or by means of the Suncor
Integrity Hotline. See &quot;Violations&quot; for further information.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">This PG&amp;S is subject to and forms part of
Suncor's Standards of Business Conduct Code and Compliance Program.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>GUIDANCE&nbsp;&amp; STANDARDS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Suncor Personnel are prohibited from committing
or using corporate funds, facilities or assets directly or indirectly for any illegal or improper purposes, including but not limited
to bribery, kickbacks, or diversion to separate funds or companies for personal use or for the purpose of disguising such payments. Suncor
Personnel shall comply with all the laws and regulations of jurisdictions where Suncor does business concerning improper payments to
foreign officials or other third parties, including the <I>United States Foreign Corrupt Practices Act</I>, the <I>UK Bribery Act 2010
</I>and the <I>Canadian Corruption of Foreign Public Officials Act</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.5in; text-align: left"><B>1.</B></TD><TD STYLE="text-align: justify"><B>Definitions</B></TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><FONT STYLE="font-size: 10pt">&quot;<B>Agent</B>&quot;
means any person, corporation or other entity retained by Suncor to represent or act on behalf of the Company and legally bind it</FONT>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">&quot;<B>Audit Committee</B>&quot; means the audit committee
established by the Company&rsquo;s board of directors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&quot;<B>Bribe</B>&quot; means any
payment, promise to pay, or authorization of the payment of any money, gift, reward, advantage or benefit of any kind, that has been
given or offered either directly or through an intermediary, in order to influence the making or not making or implementation of a decision
or act by the receiving party (whether in the public/government or private/business sector), and also means all attempts to make such
payments. Bribe does not include Health and Safety Payments.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 48 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="border-top: Black 1pt solid; font-size: 10pt">&nbsp;</TD><TD STYLE="border-top: Black 1pt solid; text-align: right; font-size: 10pt">&nbsp;</TD></TR><TR STYLE="vertical-align: top"><TD STYLE="width: 69%; font-size: 10pt">IMPROPER PAYMENTS</TD><TD STYLE="width: 31%; text-align: right; font-size: 10pt">Last Reviewed: March 2025</TD></TR></TABLE><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="border-top: Black 1pt solid; font-size: 10pt">&nbsp;</TD><TD STYLE="border-top: Black 1pt solid; text-align: right; font-size: 10pt">&nbsp;</TD></TR><TR STYLE="vertical-align: top"><TD STYLE="border-bottom: Black 1pt solid; width: 86%; font-size: 10pt">Current versions of approved documents are maintained online. Printed copies are uncontrolled.</TD><TD STYLE="border-bottom: Black 1pt solid; width: 14%; text-align: right; font-size: 10pt">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --> of 10</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&quot;<B>Chief Compliance Officer</B>&quot;
means the corporate officer responsible for this PG&amp;S, appointed pursuant to Section&nbsp;2(a).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&quot;<B>Compliance Committee</B>&quot;
means the committee established pursuant to Section&nbsp;2(d).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><FONT STYLE="font-size: 10pt"><B>&ldquo;Contractor/Supplier&rdquo;
</B></FONT>means any service company, service provider, vendor, supplier, contractor, consultant, retailer, wholesaler or any other third
party engaged by the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&quot;<B>Employee</B>&quot; means a
permanent or temporary employee of the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&quot;<B>Facilitating Payment</B>&quot;
means an occasional small payment, promise to pay, or authorization of a payment made solely to expedite or secure the performance of
routine government actions which would otherwise be lawful and proper, such as:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(a)</TD><TD STYLE="text-align: justify">obtaining licences, permits and other
                                            official documents to qualify to do business in a foreign country;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(b)</TD><TD STYLE="text-align: justify">processing governmental papers, such as
                                            visas and work permits;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(c)</TD><TD STYLE="text-align: justify">providing or obtaining police protection,
                                            telephone service, utilities, and mail services;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(d)</TD><TD STYLE="text-align: justify">loading or unloading cargo, inspection
                                            of goods and protecting perishable goods from deteriorating; or</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(e)</TD><TD STYLE="text-align: justify">actions of a similar nature.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><FONT STYLE="font-size: 10pt"><B>&ldquo;Health
and Safety Payment</B></FONT>&rdquo; means a payment strictly made in accordance with section 5 of this PG&amp;S.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><FONT STYLE="font-size: 10pt"><B>&ldquo;High
Risk Agent&rdquo; </B></FONT>means an Agent who is retained from or acts, in its capacity as Agent, in a High Risk Country or is deemed
to be a High Risk Agent by the Chief Compliance Officer or by a member of the Compliance Committee.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&ldquo;<B>High Risk Country</B>&rdquo;
means a country that scores lower that 70 on the annual Transparency International Corruption Perception Index or is deemed to be a High
Risk Country by the Chief Compliance Officer.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&quot;<B>Improper Payment</B>&quot;
means a Bribe, Kickback or Facilitating Payment, but does not include a Health and Safety Payment.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><FONT STYLE="font-size: 10pt"><B>&quot;Independent
Contractor&quot; </B></FONT>means a one person service provider, who may be incorporated or not, and who either provides services on
Suncor property or generally holds him or herself out as part of the Suncor organization.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><FONT STYLE="font-size: 10pt"><B>&ldquo;Joint
Venture Participants&rdquo;</B></FONT> means one or more parties that have entered into a joint agreement or partnership with the Company
for the purposes of constructing, developing, and/or operating a project on behalf of the parties and the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&quot;<B>Kickback</B>&quot; means the
payment, promise to pay, or the authorization of the payment of a portion of contract consideration to a person employed by or associated
with another contracting party. This includes the improper utilization of sub contracts, purchase orders, consulting agreements or gifts
to channel payments to principals, employees or other representatives of another contracting party, or to their relatives or business
associates.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 49 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="border-top: Black 1pt solid; font-size: 10pt">&nbsp;</TD><TD STYLE="border-top: Black 1pt solid; text-align: right; font-size: 10pt">&nbsp;</TD></TR><TR STYLE="vertical-align: top"><TD STYLE="width: 69%; font-size: 10pt">IMPROPER PAYMENTS</TD><TD STYLE="width: 31%; text-align: right; font-size: 10pt">Last Reviewed: March 2025</TD></TR></TABLE><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="border-top: Black 1pt solid; font-size: 10pt">&nbsp;</TD><TD STYLE="border-top: Black 1pt solid; text-align: right; font-size: 10pt">&nbsp;</TD></TR><TR STYLE="vertical-align: top"><TD STYLE="border-bottom: Black 1pt solid; width: 86%; font-size: 10pt">Current versions of approved documents are maintained online. Printed copies are uncontrolled.</TD><TD STYLE="border-bottom: Black 1pt solid; width: 14%; text-align: right; font-size: 10pt">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence --> of 10</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&quot;<B>Public Official</B>&quot;
means:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(a)</TD><TD STYLE="text-align: justify">any person employed or appointed by a
                                            government, state, province, municipality, or public international organization;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(b)</TD><TD STYLE="text-align: justify">any owner, director, officer or employee
                                            of an organization that performs a governmental function;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(c)</TD><TD STYLE="text-align: justify">any person employed or appointed by an
                                            agency, department, corporation, board, commission or enterprise that is controlled by a
                                            government, state, province, municipality, or public international organization;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(d)</TD><TD STYLE="text-align: justify">any person acting in an official capacity
                                            for a government, state, province, municipality, or public international organization, or
                                            for an agency, department, corporation, board, commission or enterprise that is owned, in
                                            whole or in part, or controlled by a government, state, province, municipality, or public
                                            international organization;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(e)</TD><TD STYLE="text-align: justify">any person acting for or on behalf of
                                            a government, state, province, municipality, or public international organization, or for
                                            an agency, department, corporation, board, commission or enterprise that is owned, in whole
                                            or in part, or controlled by a government, state, province, municipality, or public international
                                            organization; or</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(f)</TD><TD STYLE="text-align: justify">elected officials, candidates for public
                                            office, political parties, and officers, employees, representatives and agents of political
                                            parties.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&ldquo;<B>Supplier Code of Conduct</B>&rdquo;
means Suncor&rsquo;s supplier code of conduct titled &ldquo;<I>The Way We Do Business &ndash; Working With Suncor</I>&rdquo;, as amended
from time to time (available on www.suncor.com).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.5in; text-align: left"><B>2.</B></TD><TD STYLE="text-align: justify"><B>Compliance</B></TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(a)</TD><TD STYLE="text-align: justify">Suncor's board of directors shall appoint
                                            a person to the position of Chief Compliance Officer.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(b)</TD><TD STYLE="text-align: justify">Suncor&rsquo;s board of directors shall
                                            review compliance with this PG&amp;S as part of its annual review of Suncor&rsquo;s Standards
                                            of Business Conduct Compliance Program.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(c)</TD><TD STYLE="text-align: justify">The Chief Compliance Officer shall oversee
                                            this PG&amp;S.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(d)</TD><TD STYLE="text-align: justify">The Chief Compliance Officer may create
                                            and chair a Compliance Committee, appointing one or more individuals to assist in overseeing
                                            the PG&amp;S.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.5in; text-align: left"><B>3.</B></TD><TD STYLE="text-align: justify"><B>Responsibilities
                                            of the Chief Compliance Officer</B></TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">The Chief Compliance Officer shall
be responsible for:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(a)</TD><TD STYLE="text-align: justify">establishing and maintaining the practices
                                            and procedures necessary to implement this PG&amp;S and prevent any violation of its provisions;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(b)</TD><TD STYLE="text-align: justify">disseminating this PG&amp;S to all Suncor
                                            Personnel; and</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(c)</TD><TD STYLE="text-align: justify">implementing an appropriate Suncor Personnel
                                            training program on the substance of this PG&amp;S for all Suncor business units or functional
                                            groups operating or conducting business in a High Risk Country and for other Suncor Personnel
                                            as the Chief Compliance Officer deems appropriate.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 50 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="border-top: Black 1pt solid; font-size: 10pt">&nbsp;</TD><TD STYLE="border-top: Black 1pt solid; text-align: right; font-size: 10pt">&nbsp;</TD></TR><TR STYLE="vertical-align: top"><TD STYLE="width: 69%; font-size: 10pt">IMPROPER PAYMENTS</TD><TD STYLE="width: 31%; text-align: right; font-size: 10pt">Last Reviewed: March 2025</TD></TR></TABLE><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="border-top: Black 1pt solid; font-size: 10pt">&nbsp;</TD><TD STYLE="border-top: Black 1pt solid; text-align: right; font-size: 10pt">&nbsp;</TD></TR><TR STYLE="vertical-align: top"><TD STYLE="border-bottom: Black 1pt solid; width: 86%; font-size: 10pt">Current versions of approved documents are maintained online. Printed copies are uncontrolled.</TD><TD STYLE="border-bottom: Black 1pt solid; width: 14%; text-align: right; font-size: 10pt">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->4<!-- Field: /Sequence --> of 10</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.5in; text-align: left"><B>4.</B></TD><TD STYLE="text-align: justify"><B>Improper Payments</B></TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">Suncor Personnel shall not, either
directly or through any intermediary:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(a)</TD><TD STYLE="text-align: justify">demand, solicit or accept an Improper
                                            Payment;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(b)</TD><TD STYLE="text-align: justify">promise, offer or pay, or authorize the
                                            promise, payment or making of an offer to pay an Improper Payment.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">In particular, Suncor Personnel shall
not, either directly or through an intermediary, pay or offer anything of value to a third party including, but not limited to, any Public
Official, for the purpose of:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(a)</TD><TD STYLE="text-align: justify">influencing any act or decision that would
                                            allow Suncor or any party to obtain or retain a business advantage or otherwise gain an unfair
                                            advantage;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(b)</TD><TD STYLE="text-align: justify">influencing a Public Official to do or
                                            omit to do any act within the recipient&rsquo;s official capacity;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(c)</TD><TD STYLE="text-align: justify">to induce the recipient to violate its,
                                            his or her lawful duty; or</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(d)</TD><TD STYLE="text-align: justify">to induce the recipient to use its, his
                                            or her influence with any level of government to affect or influence any act or decision
                                            of such government for the purpose of obtaining, retaining or directing business, or for
                                            any undue advantage.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.5in; text-align: left"><B>5.</B></TD><TD STYLE="text-align: justify"><B>Health and Safety
                                            Payments</B></TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">Suncor recognizes that Suncor Personnel
may in some High Risk Countries confront situations where a payment, similar in nature to a Facilitating Payment, is demanded to avoid
imminent physical harm. In these very limited situations a Health and Safety Payment can be me made but only, if the following strict
conditions are met:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(a)</TD><TD STYLE="text-align: justify">The payment is not made with a corrupt
                                            intent or for the purpose of obtaining or retaining business;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(b)</TD><TD STYLE="text-align: justify">The person making the payment believes
                                            his or her health or safety to be at imminent risk and believes the payment to be absolutely
                                            necessary to preserve his or her health or safety; and</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(c)</TD><TD STYLE="text-align: justify">The payment must be reported to the Chief
                                            Compliance Officer or a member of the Compliance Committee, together with the Controller
                                            as soon as practicable, and must be properly recorded in reasonable detail that accurately
                                            and fairly reflects the transaction and includes such information as the amount paid, the
                                            recipient, and the circumstances surrounding such payment.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.5in; text-align: left"><B>6.</B></TD><TD STYLE="text-align: justify"><B>High Risk Agents</B></TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(a)</TD><TD STYLE="text-align: justify">Due Diligence on High Risk Agents</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify">Prior to Suncor retaining a High Risk
Agent, the applicable business unit or functional group that wishes to retain such High Risk Agent shall implement the process, approved
by Chief Compliance Officer or delegate for reviewing the reputation, background and past performance of prospective High Risk Agent
in the following areas:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 90pt"></TD><TD STYLE="width: 30.15pt">(i)</TD><TD STYLE="text-align: justify"><I>Management Information</I>. Identify
                                            the directors, officers and other members of management of the proposed High Risk Agent,
                                            where applicable, and determine if any of them are Public Officials.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 51 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="border-top: Black 1pt solid; font-size: 10pt">&nbsp;</TD><TD STYLE="border-top: Black 1pt solid; text-align: right; font-size: 10pt">&nbsp;</TD></TR><TR STYLE="vertical-align: top"><TD STYLE="width: 69%; font-size: 10pt">IMPROPER PAYMENTS</TD><TD STYLE="width: 31%; text-align: right; font-size: 10pt">Last Reviewed: March 2025</TD></TR></TABLE><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="border-top: Black 1pt solid; font-size: 10pt">&nbsp;</TD><TD STYLE="border-top: Black 1pt solid; text-align: right; font-size: 10pt">&nbsp;</TD></TR><TR STYLE="vertical-align: top"><TD STYLE="border-bottom: Black 1pt solid; width: 86%; font-size: 10pt">Current versions of approved documents are maintained online. Printed copies are uncontrolled.</TD><TD STYLE="border-bottom: Black 1pt solid; width: 14%; text-align: right; font-size: 10pt">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->5<!-- Field: /Sequence --> of 10</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 90pt"></TD><TD STYLE="width: 30.15pt">(ii)</TD><TD STYLE="text-align: justify"><I>Ownership Information</I>. Identify
                                            the stockholders, partners or other principals of the proposed High Risk Agent, where applicable,
                                            and determine if any of them are Public Officials.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 90pt"></TD><TD STYLE="width: 30.15pt">(iii)</TD><TD STYLE="text-align: justify"><I>Affiliations</I>. Identify the business
                                            and government affiliations of the proposed High Risk Agent, its, his or her family and close
                                            associates.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 90pt"></TD><TD STYLE="width: 30.15pt">(iv)</TD><TD STYLE="text-align: justify"><I>Qualifications and Resources</I>.
                                            Confirm the relevant qualifications of the proposed High Risk Agent or its, his or her management
                                            personnel to perform the services required in the contract and that the High Risk Agent has
                                            the premises, staff and other resources to perform the services required in the contract.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 90pt"></TD><TD STYLE="width: 30.15pt">(v)</TD><TD STYLE="text-align: justify"><I>Financial Information</I>. Examine
                                            the audited or unaudited financial statements of the proposed High Risk Agent, where applicable,
                                            and confirm its, his or her ability to perform the services required in the contract.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 90pt"></TD><TD STYLE="width: 30.15pt">(vi)</TD><TD STYLE="text-align: justify"><I>Reputation. </I>Obtain information
                                            concerning the reputation of the High Risk Agent particularly with respect to a history or
                                            demonstrated tendency to make Improper Payments.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 90pt"></TD><TD STYLE="width: 30.15pt">(vii)</TD><TD STYLE="text-align: justify"><I>References</I>. Where deemed necessary,
                                            to be determined according to the risk involved, obtain character and financial reference
                                            checks on the proposed High Risk Agent.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 90pt"></TD><TD STYLE="width: 30.15pt">(viii)</TD><TD STYLE="text-align: justify"><I>Local Law</I>. Confirm that the
                                            relationship with the High Risk Agent and the performance by the High Risk Agent of the services
                                            required in the contract are consistent with local law.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 90pt"></TD><TD STYLE="width: 30.15pt">(ix)</TD><TD STYLE="text-align: justify"><I>Compensation</I>. Confirm that the
                                            level of compensation is reasonable, given the experience of the High Risk Agent, the country
                                            where services are to be performed, the expected results, and the amount and difficulty of
                                            work to be performed.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 90pt"></TD><TD STYLE="width: 30.15pt">(x)</TD><TD STYLE="text-align: justify"><I>Confirmation</I>. Any Suncor Personnel
                                            proposing retention of the High Risk Agent shall: confirm who introduced the High Risk Agent
                                            to the Company; provide an explanation of why the High Risk Agent was selected; confirm that
                                            the High Risk Agent has been personally interviewed; and confirm that he or she has no reason
                                            to believe that the High Risk Agent has violated this PG&amp;S or will violate this PG&amp;S
                                            regarding future activities on behalf of the Company.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(b)</TD><TD STYLE="text-align: justify">Contracts with High Risk Agents</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify">The Company shall only retain a High
Risk Agent, after completing the due diligence required by section 6(a)&nbsp;above, using a written agreement that contains the following
provisions as considered appropriate by the Chief Compliance Officer or delegate:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 90pt"></TD><TD STYLE="width: 30.15pt">(i)</TD><TD STYLE="text-align: justify">A precise definition of the scope of
                                            the High Risk Agent's duties, the territory in which the services will be performed and the
                                            compensation of the High Risk Agent.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 52 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="border-top: Black 1pt solid; font-size: 10pt">&nbsp;</TD><TD STYLE="border-top: Black 1pt solid; text-align: right; font-size: 10pt">&nbsp;</TD></TR><TR STYLE="vertical-align: top"><TD STYLE="width: 69%; font-size: 10pt">IMPROPER PAYMENTS</TD><TD STYLE="width: 31%; text-align: right; font-size: 10pt">Last Reviewed: March 2025</TD></TR></TABLE><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="border-top: Black 1pt solid; font-size: 10pt">&nbsp;</TD><TD STYLE="border-top: Black 1pt solid; text-align: right; font-size: 10pt">&nbsp;</TD></TR><TR STYLE="vertical-align: top"><TD STYLE="border-bottom: Black 1pt solid; width: 86%; font-size: 10pt">Current versions of approved documents are maintained online. Printed copies are uncontrolled.</TD><TD STYLE="border-bottom: Black 1pt solid; width: 14%; text-align: right; font-size: 10pt">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->6<!-- Field: /Sequence --> of 10</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 90pt"></TD><TD STYLE="width: 30.15pt">(ii)</TD><TD STYLE="text-align: justify">Acknowledgment by the High Risk Agent
                                            that it, he or she understands the provisions of Suncor&rsquo;s Supplier Code of Conduct
                                            and agrees to comply with its terms and applicable laws.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 90pt"></TD><TD STYLE="width: 30.15pt">(iii)</TD><TD STYLE="text-align: justify">Acknowledgement by the High Risk Agent
                                            that the contents of the agreement may be disclosed by the Company to third parties, including
                                            government agencies, for the purposes of assessing whether Improper Payments have been made.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 90pt"></TD><TD STYLE="width: 30.15pt">(iv)</TD><TD STYLE="text-align: justify">Representations and warranties by the
                                            High Risk Agent that neither he, she or it, nor any of his, her or its owners, directors,
                                            officers, principals or key employees, are Public Officials and that he, she or it will promptly
                                            inform the Company of any changes in that regard.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 90pt"></TD><TD STYLE="width: 30.15pt">(v)</TD><TD STYLE="text-align: justify">Prohibition of the assignment or subcontracting
                                            of the entire agreement or any rights, duties or obligations under the agreement by the High
                                            Risk Agent without the Company's prior written consent.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 90pt"></TD><TD STYLE="width: 30.15pt">(vi)</TD><TD STYLE="text-align: justify">Payment to be made by cheque made out
                                            in the High Risk Agent's name or by wire transfer to a bank account that is registered in
                                            the name of the High Risk Agent, and located in the country in which the High Risk Agent
                                            performed the services, unless there is an explanation acceptable to the Chief Compliance
                                            Officer for other arrangements.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 90pt"></TD><TD STYLE="width: 30.15pt">(vii)</TD><TD STYLE="text-align: justify">A statement that travel, entertainment
                                            and other miscellaneous expenses shall not be incurred by the High Risk Agent for reimbursement
                                            by the Company without the Company's prior written approval, and all requests for reimbursement
                                            must be supported by documentation acceptable to the Company. Detailed records of all approved
                                            expenses shall be kept.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 90pt"></TD><TD STYLE="width: 30.15pt">(viii)</TD><TD STYLE="text-align: justify">Provision for automatic termination
                                            without compensation in the event a High Risk Agent has made, attempted to make, makes, attempts
                                            to make, or proposes to make, an Improper Payment.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 90pt"></TD><TD STYLE="width: 30.15pt">(ix)</TD><TD STYLE="text-align: justify">The right for the Company to audit the
                                            High Risk Agent's compliance with the agreement, including the expenses and invoices of the
                                            High Risk Agent.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(c)</TD><TD STYLE="text-align: justify">Managing High Risk Agents</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify">The Company shall take measures reasonably
within its power with a view to preventing Improper Payments or actions otherwise in contravention of applicable law or this PG&amp;S
by the High Risk Agent, including:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 90pt"></TD><TD STYLE="width: 30.15pt">(i)</TD><TD STYLE="text-align: justify">confirming that any payment made to any
                                            High Risk Agent represents no more than the amount outlined in the written agreement with
                                            the High Risk Agent and is an appropriate remuneration for legitimate services rendered by
                                            such High Risk Agent;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 90pt"></TD><TD STYLE="width: 30.15pt">(ii)</TD><TD STYLE="text-align: justify">maintaining a record of the names and
                                            contract terms for all High Risk Agents who are retained by it in connection with transactions
                                            with Public Officials; and</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 90pt"></TD><TD STYLE="width: 30.15pt">(iii)</TD><TD STYLE="text-align: justify">monitoring the activities of the High
                                            Risk Agent.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 53 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="border-top: Black 1pt solid; font-size: 10pt">&nbsp;</TD><TD STYLE="border-top: Black 1pt solid; text-align: right; font-size: 10pt">&nbsp;</TD></TR><TR STYLE="vertical-align: top"><TD STYLE="width: 69%; font-size: 10pt">IMPROPER PAYMENTS</TD><TD STYLE="width: 31%; text-align: right; font-size: 10pt">Last Reviewed: March 2025</TD></TR></TABLE><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="border-top: Black 1pt solid; font-size: 10pt">&nbsp;</TD><TD STYLE="border-top: Black 1pt solid; text-align: right; font-size: 10pt">&nbsp;</TD></TR><TR STYLE="vertical-align: top"><TD STYLE="border-bottom: Black 1pt solid; width: 86%; font-size: 10pt">Current versions of approved documents are maintained online. Printed copies are uncontrolled.</TD><TD STYLE="border-bottom: Black 1pt solid; width: 14%; text-align: right; font-size: 10pt">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->7<!-- Field: /Sequence --> of 10</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.5in"><B>7.</B></TD><TD STYLE="text-align: justify"><B>Other Agents</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">Prior to retaining or entering into
a contract with an Agent that is not a High Risk Agent, the Company shall conduct due diligence proportionate to the risks involved in
retaining the Agent and shall use as guidelines the due diligence required for retaining a High Risk Agent to evaluate potential compliance
risks with a view that the Company only enters into business relationships with reputable, qualified individuals and firms. When appropriate,
to be determined according to the risk involved, the Company shall obtain equivalent or similar written representations and warranties
from the Agent as is required of a High Risk Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">Any contract with an Agent that is
not a High Risk Agent, unless otherwise determined by the Chief Compliance Officer, must contain language requiring the Agent to comply
with Suncor&rsquo;s Standards of Business Conduct Code, which includes this PG&amp;S.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.5in; text-align: left"><B>8.</B></TD><TD STYLE="text-align: justify"><B>Joint Venture
                                            Participants</B></TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">Prior to entering into any joint venture,
the Company shall conduct the due diligence considered appropriate by the Chief Compliance Officer or delegate regarding the prospective
co-venturer(s)&nbsp;and shall use as guidelines the due diligence required for retaining a High Risk Agent to evaluate potential compliance
risks with a view that the Company only enters into business relationships with reputable, qualified individuals and firms. When appropriate,
the Company shall obtain equivalent or similar written representations and warranties from the co-venturer as is required of a High Risk
Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">Commercially reasonable efforts shall
be used by the Company and Suncor Personnel to ensure that the principles set out in this PG&amp;S are incorporated into all joint venture
agreements (such as, for example, joint operating agreements).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.5in; text-align: left"><B>9.</B></TD><TD STYLE="text-align: justify"><B>Contractor/Supplier</B></TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">Prior to retaining or entering into
agreements with a Contractor/Supplier, the Company shall conduct the due diligence proportionate to the risks involved in retaining the
Contractor/Supplier and shall use as guidelines the due diligence required for retaining a High Risk Agent to evaluate potential compliance
risks with a view that the Company only enters into business relationships with reputable, qualified individuals and firms. When appropriate,
the Company shall obtain equivalent or similar written representations and warranties from the prospective Contractor/Supplier as is
required of a High Risk Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">Any contract with a Contractor/Supplier
engaged through Suncor&rsquo;s supply chain, unless otherwise determined by the Chief Compliance Officer, must contain language requiring
the Contractor/Supplier to comply with Suncor&rsquo;s Supplier Code of Conduct.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.5in; text-align: left"><B>10.</B></TD><TD STYLE="text-align: justify"><B>Gifts, Entertainment
                                            and Travel</B></TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">The offer and acceptance of entertainment,
gifts and favours must at all times be in compliance with the policies of the recipient&rsquo;s employer, with Suncor&rsquo;s Standards
of Business Conduct Code available on Suncor&rsquo;s Internet and Intranet web sites and with any Suncor business unit or functional
group specific procedures.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">In addition, Suncor Personnel shall
not, either directly or through an intermediary, offer or provide gifts, hospitality or reimbursement of travel or other expenses to
a Public Official<I>, </I>except with the prior approval of the Chief Compliance Officer or in accordance with the applicable Suncor
business unit or functional group written guidelines as approved by the Chief Compliance Officer. Suncor Personnel may pay or reimburse
reasonable meal expenses incurred in good faith by or on behalf of a Public Official related to the promotion, demonstration, or explanation
of products or services of the Company or the execution or performance of a contract between the Company and the Public Official&rsquo;s
government or agency thereof without pre-approval of the Chief Compliance Officer. Any such payment or reimbursement must at all times
be in compliance with the Company&rsquo;s Code of Business Conduct.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">The Chief Compliance Officer and Controller
are responsible for ensuring that any gift, hospitality and/or reimbursement of travel or other expenses ultimately provided to a third
party, including a Public Official, is fully and accurately recorded in the Company&rsquo;s accounting records.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 54 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="border-top: Black 1pt solid; font-size: 10pt">&nbsp;</TD><TD STYLE="border-top: Black 1pt solid; text-align: right; font-size: 10pt">&nbsp;</TD></TR><TR STYLE="vertical-align: top"><TD STYLE="width: 69%; font-size: 10pt">IMPROPER PAYMENTS</TD><TD STYLE="width: 31%; text-align: right; font-size: 10pt">Last Reviewed: March 2025</TD></TR></TABLE><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="border-top: Black 1pt solid; font-size: 10pt">&nbsp;</TD><TD STYLE="border-top: Black 1pt solid; text-align: right; font-size: 10pt">&nbsp;</TD></TR><TR STYLE="vertical-align: top"><TD STYLE="border-bottom: Black 1pt solid; width: 86%; font-size: 10pt">Current versions of approved documents are maintained online. Printed copies are uncontrolled.</TD><TD STYLE="border-bottom: Black 1pt solid; width: 14%; text-align: right; font-size: 10pt">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->8<!-- Field: /Sequence --> of 10</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.5in; text-align: left"><B>11.</B></TD><TD STYLE="text-align: justify"><B>Political Contributions</B></TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">All political contributions made by
or on behalf of the Company must be approved and recorded in accordance with the approval process and guidelines established by the Company
for political contributions.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.5in; text-align: left"><B>12.</B></TD><TD STYLE="text-align: justify"><B>Charitable Contributions</B></TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">All charitable contributions made by
or on behalf of the Company must be approved and recorded in accordance with the approval process and guidelines established by the Company
for charitable contributions as administered by Suncor Energy Foundation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><B>13.</B></TD><TD STYLE="text-align: justify"><B>Employment of Public Officials</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">No Public Official shall be employed
by the Company, unless:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(a)</TD><TD STYLE="text-align: justify">the Chief Compliance Officer is satisfied
                                            that such employment is lawful in the country concerned;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(b)</TD><TD STYLE="text-align: justify">the Chief Compliance Officer has determined
                                            that the services to be rendered to the Company do not conflict in any manner with the governmental
                                            duties of such person; and</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(c)</TD><TD STYLE="text-align: justify">an ethics opinion, satisfactory to the
                                            Chief Compliance Officer, from the Public Official&rsquo;s government employer has been obtained.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><B>14.</B></TD><TD STYLE="text-align: justify"><B>Books and Records</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(a)</TD><TD STYLE="text-align: justify">The Company shall make and keep books,
                                            records, and accounts that comply with applicable law and accounting standards, conform to
                                            the highest professional standards of accuracy and consistency and that, in reasonable detail,
                                            accurately and fairly reflect the Company&rsquo;s transactions and the disposition of its
                                            assets.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(b)</TD><TD STYLE="text-align: justify">All financial transactions must be properly
                                            and fairly recorded in the Company&rsquo;s books of account and must be made available for
                                            inspection by the Company&rsquo;s internal and external auditors.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(c)</TD><TD STYLE="text-align: justify">The Company shall advise and maintain
                                            a system of internal accounting controls sufficient to provide reasonable assurances that
                                            transactions are executed in accordance with the Company&rsquo;s management&rsquo;s general
                                            or specific authorization and that access to assets is permitted only in accordance with
                                            the Company&rsquo;s management&rsquo;s general or specific authorization.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(d)</TD><TD STYLE="text-align: justify">These requirements are applicable to all
                                            joint ventures which the Company controls in fact or in which the Company&rsquo;s ownership
                                            interest is more than 50%.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 55 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="border-top: Black 1pt solid; font-size: 10pt">&nbsp;</TD><TD STYLE="border-top: Black 1pt solid; text-align: right; font-size: 10pt">&nbsp;</TD></TR><TR STYLE="vertical-align: top"><TD STYLE="width: 69%; font-size: 10pt">IMPROPER PAYMENTS</TD><TD STYLE="width: 31%; text-align: right; font-size: 10pt">Last Reviewed: March 2025</TD></TR></TABLE><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="border-top: Black 1pt solid; font-size: 10pt">&nbsp;</TD><TD STYLE="border-top: Black 1pt solid; text-align: right; font-size: 10pt">&nbsp;</TD></TR><TR STYLE="vertical-align: top"><TD STYLE="border-bottom: Black 1pt solid; width: 86%; font-size: 10pt">Current versions of approved documents are maintained online. Printed copies are uncontrolled.</TD><TD STYLE="border-bottom: Black 1pt solid; width: 14%; text-align: right; font-size: 10pt">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->9<!-- Field: /Sequence --> of 10</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>VIOLATIONS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">(a)</TD><TD STYLE="text-align: justify">Suncor Personnel who become aware of a violation
                                            of this PG&amp;S must promptly report the matter to the Chief Compliance Officer, a member
                                            of the Compliance Committee or by means of the Suncor Integrity Hotline.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">(b)</TD><TD STYLE="text-align: justify">Information communicated via the Suncor Integrity
                                            Hotline or to Suncor Personnel in a supervisory or advisory position in the Company regarding
                                            a violation of this PG&amp;S shall be promptly reported to the Chief Compliance Officer,
                                            who in turn shall immediately investigate and report any violation of this PG&amp;S to the
                                            Company's Chief Executive Officer and Audit Committee.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">(c)</TD><TD STYLE="text-align: justify">A determination of whether a particular past
                                            or proposed payment or action is in violation of this PG&amp;S shall be made by the Chief
                                            Compliance Officer, in consultation with the Chief Executive Officer and/or the Chair of
                                            the Audit Committee.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">(d)</TD><TD STYLE="text-align: justify">Retaliation by anyone as a consequence of
                                            Suncor Personnel making a good faith report of a possible violation of the law or this PG&amp;S
                                            is strictly prohibited and will result in disciplinary action, up to and including termination.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">(e)</TD><TD STYLE="text-align: justify">If Suncor Personnel are found to be in violation
                                            of this PG&amp;S, appropriate corrective disciplinary action, including, where appropriate,
                                            dismissal or termination of contract, shall be taken and immediately reported to the Company's
                                            Chief Executive Officer and Audit Committee.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><B>AUDIT</B></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Internal Audit shall be responsible for examining
the possibility of Improper Payments being made in any or all of the Company&rsquo;s business units or functional groups. Internal Audit
shall test expenditures in the course of their audit activities to determine whether or not the payments in the samples tested are potentially
Improper Payments within the meaning of this PG&amp;S.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company&rsquo;s external auditors shall also
test expenditures in the course of their audit activities and shall evaluate whether or not the payments in the samples tested are potentially
Improper Payments within the meaning of this PG&amp;S.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Internal Audit and Suncor&rsquo;s external auditors
shall promptly inform the Chief Compliance Officer and the Company's Audit Committee of every potential or suspected Improper Payment
or violation of this PG&amp;S that comes to their attention and shall recommend procedures to attempt to prevent the recurrence of any
potential or suspected violations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><B>APPLICATION</B></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Vice-President and Controller of Suncor shall
issue policy statements, guidelines and procedures to implement and monitor the accounting standards described in this PG&amp;S, including
standards for reporting and recording Health and Safety Payments.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The senior executive of each Suncor business
unit or functional group and the senior executive of Suncor in each host country will ensure that adequate controls are in place to prevent
improper payments and to manage the standards set out in this PG&amp;S.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 56 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="border-top: Black 1pt solid; font-size: 10pt">&nbsp;</TD><TD STYLE="border-top: Black 1pt solid; text-align: right; font-size: 10pt">&nbsp;</TD></TR><TR STYLE="vertical-align: top"><TD STYLE="width: 69%; font-size: 10pt">IMPROPER PAYMENTS</TD><TD STYLE="width: 31%; text-align: right; font-size: 10pt">Last Reviewed: March 2025</TD></TR></TABLE><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="border-top: Black 1pt solid; font-size: 10pt">&nbsp;</TD><TD STYLE="border-top: Black 1pt solid; text-align: right; font-size: 10pt">&nbsp;</TD></TR><TR STYLE="vertical-align: top"><TD STYLE="border-bottom: Black 1pt solid; width: 86%; font-size: 10pt">Current versions of approved documents are maintained online. Printed copies are uncontrolled.</TD><TD STYLE="border-bottom: Black 1pt solid; width: 14%; text-align: right; font-size: 10pt">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->10<!-- Field: /Sequence --> of 10</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>EXCEPTIONS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">None</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>REFERENCES TO RELATED DOCUMENTS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B><I>Business Conduct Policy Statement</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B><I>Business Conduct Code and Compliance Program
PG&amp;S</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B><I>Conflict of Interest and Confidentiality
PG&amp;S</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B><I>Accounting, Reporting and Business Control
PG&amp;S</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 57; Options: NewSection; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="border-top: Black 1pt solid; font-size: 10pt">&nbsp;</TD><TD STYLE="border-top: Black 1pt solid; text-align: right; font-size: 10pt">&nbsp;</TD></TR><TR STYLE="vertical-align: top"><TD STYLE="width: 69%; font-size: 10pt">IMPROPER PAYMENTS</TD><TD STYLE="width: 31%; text-align: right; font-size: 10pt">Last Reviewed: March 2025</TD></TR></TABLE><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="border-top: Black 1pt solid; font-size: 10pt">&nbsp;</TD><TD STYLE="border-top: Black 1pt solid; text-align: right; font-size: 10pt">&nbsp;</TD></TR><TR STYLE="vertical-align: top"><TD STYLE="border-bottom: Black 1pt solid; width: 86%; font-size: 10pt">Current versions of approved documents are maintained online. Printed copies are uncontrolled.</TD><TD STYLE="border-bottom: Black 1pt solid; width: 14%; text-align: right; font-size: 10pt">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --> of 4</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="font-size: 10pt"><IMG SRC="tm248693d1_ex99-1suncor.jpg" ALT=""></TD>
    <TD STYLE="text-align: center; background-color: White; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>POLICY
    GUIDANCE&nbsp;&amp; STANDARDS</I></B></FONT></TD>
    <TD STYLE="background-color: White; font-size: 10pt">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="background-color: White; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR>
    <TD COLSPAN="2" STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>REPORTING INSIDERS</B></FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>Number:&nbsp;&nbsp;CO-060</I></FONT></TD></TR>
  <TR>
    <TD COLSPAN="2" STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>Date Developed:&nbsp;&nbsp;October&nbsp;20,
    2003</I></FONT></TD>
    <TD STYLE="text-align: center; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>Revision
    Date:&nbsp;&nbsp;February 20, 2024</I></FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>Last
    Reviewed:&nbsp;&nbsp;March 10, 2025</I></FONT></TD></TR>
  <TR>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR>
    <TD COLSPAN="3" STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>Document Owner:&nbsp;&nbsp;&nbsp;&nbsp;<U>General
    Counsel</U></I></FONT></TD></TR>
  <TR>
    <TD COLSPAN="3" STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR>
    <TD COLSPAN="3" STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>Document Contact:&nbsp;&nbsp;<U>Vice
    President Legal Affairs, Corporate</U></I></FONT></TD></TR>
  <TR STYLE="font-size: 5pt">
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 5pt; width: 33%"><FONT STYLE="font-size: 5pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 5pt; width: 34%"><FONT STYLE="font-size: 5pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 5pt; width: 33%"><FONT STYLE="font-size: 5pt">&nbsp;</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>SCOPE AND PURPOSE</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">This policy guidance&nbsp;&amp; standard (PG&amp;S)
applies to Suncor Energy Inc. and its subsidiaries world-wide (collectively, &ldquo;Suncor&rdquo; or the &ldquo;Company&rdquo;). This
PG&amp;S must be complied with by all &ldquo;Reporting Insiders&rdquo;, and forms a part of Suncor&rsquo;s Standards of Business Conduct
Code and Compliance Program.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&ldquo;Reporting Insiders&rdquo; are subject
to the insider reporting requirements under securities laws. These rules, as amended from time to time, have been applicable to all Reporting
Insiders of Suncor since 1979 and are now predominantly located in National Instrument 55-104 &ndash; <I>Insider Reporting Requirements
and Exemptions</I> (&ldquo;NI 55-104&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">References in this document to &ldquo;Suncor
Personnel&rdquo; include members of the board of directors, officers, employees and independent contractors (formerly referred to as
contract workers) of Suncor. All Suncor Personnel, including Reporting Insiders, are subject to Suncor PG&amp;S No.&nbsp;CO-054, entitled,
 &ldquo;Disclosure of Material Information and Trading in Shares and Securities&rdquo;. Additional obligations of Reporting Insiders are
described in this PG&amp;S. Therefore, please read this document carefully and in its entirety in order to avoid any inadvertent non-compliance.
Failure to comply with insider reporting requirements can give rise to administrative, civil and criminal sanctions as well as disciplinary
action (including possible dismissal) for breach of Suncor policy.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>GUIDANCE&nbsp;&amp; STANDARDS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B><U>Who is subject to the insider reporting
rules?</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Within Suncor, it has been determined that the
core group of Reporting Insiders are comprised of the following: (i)&nbsp;Chief Executive Officer and Chief Financial Officer of Suncor;
(ii)&nbsp;members of Suncor&rsquo;s board of directors; and (iii)&nbsp;all Senior and Executive Vice Presidents of Suncor who are members
of the Executive Leadership Team and report to the Chief Executive Officer. A current list of Reporting Insiders of Suncor is available
through the General Counsel&rsquo;s office.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 58 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="border-top: Black 1pt solid; font-size: 10pt">&nbsp;</TD><TD STYLE="border-top: Black 1pt solid; text-align: right; font-size: 10pt">&nbsp;</TD></TR><TR STYLE="vertical-align: top"><TD STYLE="width: 69%; font-size: 10pt">REPORTING INSIDERS</TD><TD STYLE="width: 31%; text-align: right; font-size: 10pt">Last Reviewed: March 2025</TD></TR></TABLE><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="border-top: Black 1pt solid; font-size: 10pt">&nbsp;</TD><TD STYLE="border-top: Black 1pt solid; text-align: right; font-size: 10pt">&nbsp;</TD></TR><TR STYLE="vertical-align: top"><TD STYLE="border-bottom: Black 1pt solid; width: 86%; font-size: 10pt">Current versions of approved documents are maintained online. Printed copies are uncontrolled.</TD><TD STYLE="border-bottom: Black 1pt solid; width: 14%; text-align: right; font-size: 10pt">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --> of 4</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B><U>What are the insider reporting requirements?</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">As a Reporting Insider of Suncor, you are required
to disclose your <B>beneficial ownership</B><SUP>1</SUP> of, or <B>control or direction</B><SUP>2</SUP> over, whether direct or indirect:
(i)&nbsp;Suncor common shares; (ii)&nbsp;public debt instruments issued by Suncor; and (iii)&nbsp;options and stock appreciation rights
(&ldquo;SARs&rdquo;) granted under any one of Suncor&rsquo;s or legacy Petro-Canada&rsquo;s incentive plans. You are also required to
disclose your interest in, or right associated with, any restricted share unit (&ldquo;RSU&rdquo;), performance share unit (&ldquo;PSU&rdquo;)
or deferred share unit (&ldquo;DSU&rdquo;) granted under any one of Suncor&rsquo;s or legacy Petro-Canada&rsquo;s incentive plans. For
the purposes herein, common shares, public debt instruments, options, SARs, RSUs, PSUs and DSUs issued by Suncor or legacy Petro-Canada
shall be referred to as Suncor securities.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><B>You should contact
Corporate Legal immediately if you believe that you own or are considering purchasing any security or financial instrument in Suncor,
other than Suncor securities discussed above, or are a party to or are contemplating entering into any agreement that affects your economic
exposure to Suncor, as the foregoing are generally prohibited pursuant to the </B></FONT><B><I>Disclosure of Material Information and
Trading in Shares and Securities PG&amp;S</I>.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">There are two types
of insider reports - initial reports and ongoing insider reports: (a)<B>&nbsp;Initial Reports </B>- </FONT>must be filed within ten (10)&nbsp;calendar
days of the date you first become a Reporting Insider; and (b)&nbsp;<B>Ongoing Insider Reports </B>&ndash; must be filed within five
(5)&nbsp;calendar days when there is <B>any change</B> in your ownership of or interest in any Suncor security. This would include any
of the following:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">you
                                            purchase or dispose of any Suncor common shares under the stock component of the Suncor Savings
                                            Plan;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">you
                                            are granted or exercise an option to purchase Suncor common shares under any Suncor or legacy
                                            Petro-Canada incentive plan, or an option terminates unexercised;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">you
                                            are granted, or receive a payout in relation to, DSUs, PSUs, RSUs or SARs;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">you
                                            receive a dividend (issued in common shares) on Suncor common shares under Suncor&rsquo;s
                                            Dividend Reinvestment Plan (the &ldquo;DRIP&rdquo;);</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">you
                                            purchase or sell Suncor common shares or public debt; or</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">you
                                            change the manner in which you hold Suncor common shares or debt, e.g., you transfer directly-held
                                            common shares to a family trust, you transfer common shares for which you have a share certificate
                                            (or which is held for safekeeping by your broker) into an RRSP or you request a certificate
                                            for common shares held in the stock component of the Suncor Savings Plan.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 3pt; margin-bottom: 3pt; width: 25%"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">1
</FONT>You beneficially own securities if you are entitled to part or all of the economic benefit of the securities. You are also considered
to be the beneficial owner of securities owned by a company you control (which would include ownership of 50% of the voting shares), or
by your trustee, legal representative, agent or other intermediary. Changes in beneficial ownership occur at the time that an offer to
sell is accepted by the purchaser or the purchaser&rsquo;s agent or an offer to buy is accepted by the vendor or the vendor&rsquo;s agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">2 &ldquo;Control or direction&rdquo; generally means that you have by contract, operation of law or other express or implied arrangement,
the power to make voting or investment decisions or power, alone or with others, in respect of the securities. For example, if you have
the discretionary authority over your spouse's brokerage account, you exercise control or direction over securities in that account.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 59 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="border-top: Black 1pt solid; font-size: 10pt">&nbsp;</TD><TD STYLE="border-top: Black 1pt solid; text-align: right; font-size: 10pt">&nbsp;</TD></TR><TR STYLE="vertical-align: top"><TD STYLE="width: 69%; font-size: 10pt">REPORTING INSIDERS</TD><TD STYLE="width: 31%; text-align: right; font-size: 10pt">Last Reviewed: March 2025</TD></TR></TABLE><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="border-top: Black 1pt solid; font-size: 10pt">&nbsp;</TD><TD STYLE="border-top: Black 1pt solid; text-align: right; font-size: 10pt">&nbsp;</TD></TR><TR STYLE="vertical-align: top"><TD STYLE="border-bottom: Black 1pt solid; width: 86%; font-size: 10pt">Current versions of approved documents are maintained online. Printed copies are uncontrolled.</TD><TD STYLE="border-bottom: Black 1pt solid; width: 14%; text-align: right; font-size: 10pt">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence --> of 4</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Subject to certain exemptions, ongoing insider
reports must be filed within five (5)&nbsp;calendar days of the change.</B></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B><U>Reporting Deferral Exemptions</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">NI 55-104 provides for exemptions from the general
reporting requirements &ndash; effectively postponing the statutory insider reporting obligations, but usually only in respect of Suncor
securities <B>acquired (i.e., it does not postpone the requirement to report dispositions of these securities)</B>. These exemptions
are generally available for acquisitions under an &ldquo;Automatic securities purchase plan&rdquo; such as for example the Suncor Savings
Plan or the DRIP. If completing your filings, Suncor will rely on an exemption to defer the reporting requirement for filings made in
connection with the stock component of the Suncor Savings Plan (unless the filing relates to a lump sum purchase of Suncor common shares
made under the Suncor Savings Plan), the DRIP and, in the case of directors, DSUs. If relying on the exemption, an annual report disclosing,
on a transaction-by-transaction basis or in an acceptable summary form, must be filed by March&nbsp;31 of each year in respect of unreported
acquisitions under these plans up to an including December&nbsp;31 of the preceding year.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B><U>Where must insider reports be filed? Do
I have to file a report if I cease to be an insider?</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Insider reports
must be filed electronically on the System for Electronic Disclosure for Insiders, or SEDI, located at www.sedi.ca. By filing your insider
reports on SEDI you are considered to have filed them with all applicable regulatory authorities in Canada. </FONT>All Reporting Insiders
who cease to be &quot;insiders&quot; for securities law purposes (generally, this will occur when you leave the employ of Suncor or cease
to be a director) must file an amendment to their &quot;Insider Profile&quot; on file on the SEDI web site.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B><U>Whose responsibility is it to prepare and
file insider reports?</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Each Reporting Insider is responsible to ensure
that his or her insider reports and &ldquo;Insider Profile&rdquo; are properly filed on SEDI on a timely basis and are accurate and complete.
Unless otherwise instructed, Corporate Legal will file a Reporting Insider&rsquo;s insider reports for events related to issuances, grants
or exercises <B>(upon applicable notice of exercises in the case of options, SARs or DSUs)</B> of Suncor securities pursuant to Suncor
plans (i.e., options, SARs, DSUs, PSUs, RSUs, the DRIP and the stock component of the Suncor Savings Plan). <B>For any lump sum purchases
made under the Suncor Savings Plan, you must notify Corporate Legal within two days of the purchase.</B> Corporate Legal will assist
Reporting Insiders with filing reports related to Suncor for other events triggering a filing obligation provided they have been notified
of the details of the event giving rise to the filing obligation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><B>Regardless of
whether you file your own reports, or have your reports completed and filed on your behalf by your administrator, by legal counsel or
any other person, both the Securities Regulators and Suncor will look to you as having the responsibility for ensuring that insider reports
are accurately completed and filed on a timely basis and that your Insider Profile filed under SEDI is also accurate and complete.</B></FONT>
If reports are completed by Suncor on your behalf, please review the filing and inform Suncor of any discrepancies in a timely manner
to ensure that it is correct. Securities laws impose penalties on individuals who violate insider reporting requirements and your name
will be published by securities regulatory authorities upon any violations. Failure to file an insider report, or filing a false or misleading
insider report, are offences under applicable securities laws, punishable by a fine of up to $1 million, imprisonment for up to two (2)&nbsp;years
or both. Securities regulatory authorities may also impose sanctions on violators that may include trading bans and other devices to
prohibit or restrict violators from participating in the capital markets. The filing of insider reports is carefully monitored and you
should not assume that violations, even those that may seem trivial, will be overlooked and hence without consequence.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="border-top: Black 1pt solid; font-size: 10pt">&nbsp;</TD><TD STYLE="border-top: Black 1pt solid; text-align: right; font-size: 10pt">&nbsp;</TD></TR><TR STYLE="vertical-align: top"><TD STYLE="width: 69%; font-size: 10pt">REPORTING INSIDERS</TD><TD STYLE="width: 31%; text-align: right; font-size: 10pt">Last Reviewed: March 2025</TD></TR></TABLE><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="border-top: Black 1pt solid; font-size: 10pt">&nbsp;</TD><TD STYLE="border-top: Black 1pt solid; text-align: right; font-size: 10pt">&nbsp;</TD></TR><TR STYLE="vertical-align: top"><TD STYLE="border-bottom: Black 1pt solid; width: 86%; font-size: 10pt">Current versions of approved documents are maintained online. Printed copies are uncontrolled.</TD><TD STYLE="border-bottom: Black 1pt solid; width: 14%; text-align: right; font-size: 10pt">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->4<!-- Field: /Sequence --> of 4</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<!-- Field: Split-Segment; Name: 002 -->
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><B>Reporting Insiders
must report to Corporate Legal all events (but for grants made by Suncor to a Reporting Insider or a payout in relation to PSUs or RSUs)
that give rise to an obligation to file an insider report as soon as possible but no later than two days following the event, so that
Corporate Legal can attend to the necessary filings in a timely manner.</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><B>CONCLUSION</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">This document presents
a summary of the insider reporting requirements applicable to Suncor Reporting Insiders. These rules&nbsp;are important and it is essential
that you be aware of and strictly comply with them.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">If you have any
questions about the contents of this document, please contact the General Manager Legal Affairs, Corporate.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><B>EXCEPTIONS</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">This PG&amp;S does
not address the Trading Blackout requirements applicable to Reporting Insiders and certain other Suncor personnel designated as &ldquo;Restricted
Persons&rdquo; under that PG&amp;S. For information on Suncor&rsquo;s Trading Blackouts, refer to the Trading Blackouts for Restricted
Persons PG&amp;S. See also the Trading Blackout Calendar.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">This PG&amp;S does
not relate to Suncor Personnel who fall outside the definition of &ldquo;Reporting Insider&rdquo;.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><B>REFERENCES TO
RELATED DOCUMENTS</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><I>Disclosure of
Material Information and Trading in Shares and Securities PG&amp;S&nbsp;</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><I>Business Conduct
Compliance Program PG&amp;S</I>&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><I>Trading Blackouts
for Restricted Persons PG&amp;S</I>&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><I>Trading Blackout
Calendar</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><I>&nbsp;</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<!-- Field: Page; Sequence: 61 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD STYLE="border-top: Black 1pt solid; font-size: 10pt">&nbsp;</TD><TD STYLE="border-top: Black 1pt solid; text-align: right; font-size: 10pt">&nbsp;</TD></TR><TR STYLE="vertical-align: top"><TD STYLE="width: 69%; font-size: 10pt">REPORTING INSIDERS</TD><TD STYLE="width: 31%; text-align: right; font-size: 10pt">Last Reviewed: March 2025</TD></TR></TABLE><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 3pt; width: 50%"><IMG SRC="tm259647d1_ex99-1im001.jpg" ALT="">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 3pt; vertical-align: bottom; font-size: 10pt; text-align: right; width: 50%"><P STYLE="margin-top: 0; margin-bottom: 0">Enterprise
                                            Standard</P>
                                                                                                                       <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></P>
                                                                                <P STYLE="margin-top: 0; margin-bottom: 0">Respectful
                                            Workplace Standard</P></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>



<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B>Respectful Workplace Standard</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: right"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">Effective Date: 2020-06-08</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">Owned by: GM Employee and Labour Relations</P>

<P STYLE="text-align: right; margin: 0pt 0; font: 10pt Times New Roman, Times, Serif">Reviewed every year</P>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: right"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: right"><FONT STYLE="font-size: 10pt">Controlled
Document</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: right">Copyright &copy; 2024 Suncor
Energy Inc. All rights reserved.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt"></P><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD COLSPAN="3" STYLE="border-top: Black 1pt solid; text-align: center; font-size: 10pt">The current revision of this approved document is kept online. <FONT STYLE="font-family: Times New Roman, Times, Serif">Printed</FONT> and digital copies are uncontrolled.</TD></TR><TR STYLE="vertical-align: top"><TD STYLE="width: 19%; font-size: 10pt">SUN-00021</TD><TD STYLE="width: 63%; text-align: center; font-size: 10pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --> of 14</TD><TD STYLE="width: 18%; text-align: right; font-size: 10pt">Revision: 3.1</TD></TR></TABLE><P STYLE="margin: 0pt">&nbsp;</P><P STYLE="margin: 0pt"></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt"></P></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 3pt; width: 50%"><IMG SRC="tm259647d1_ex99-1im001.jpg" ALT="">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 3pt; vertical-align: bottom; font-size: 10pt; text-align: right; width: 50%"><P STYLE="margin-top: 0; margin-bottom: 0">Enterprise
                                            Standard</P>
                                                                                                                       <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></P>
                                                                                <P STYLE="margin-top: 0; margin-bottom: 0">Respectful
                                            Workplace Standard</P></TD></TR>
  </TABLE><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.7in"><FONT STYLE="font-size: 10pt"><B>Summary of Changes</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.7in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.7in"><FONT STYLE="font-size: 10pt">This Summary shows:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

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<TD STYLE="width: 0.7in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
                                            location of each change within the document</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">All
                                            changes to this document since it was last approved and published.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.7in"><B>Revision</B>: 3.1 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Date</B>:
2024-06-05 (EGD-690)</P>

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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 92%; border-collapse: collapse; margin-left: 0.7in">
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="background-color: White; border-right: Black 1pt solid; border-bottom: Black 1pt solid; white-space: nowrap; width: 24%; padding-left: 0.05in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Location
    of Change</B></FONT></TD>
    <TD STYLE="background-color: White; border-bottom: Black 1pt solid; white-space: nowrap; width: 76%; padding-left: 0.05in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Summary
    of Change</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Entire
    Document</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Yearly
    review - Minor grammatical and organizational role updates (non-substantive changes)</FONT></TD></TR>
</TABLE>

<P STYLE="margin: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="text-align: left; width: 8%; vertical-align: bottom"><FONT STYLE="font-size: 10pt"><IMG SRC="image_015.jpg" ALT="">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; width: 92%; vertical-align: bottom"><FONT STYLE="font-size: 10pt">Requirements changed in the new revision
    will be identified with a revision triangle beside it.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 63; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt"></P><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD COLSPAN="3" STYLE="border-top: Black 1pt solid; text-align: center; font-size: 10pt">The current revision of this approved document is kept online. <FONT STYLE="font-family: Times New Roman, Times, Serif">Printed</FONT> and digital copies are uncontrolled.</TD></TR><TR STYLE="vertical-align: top"><TD STYLE="width: 19%; font-size: 10pt">SUN-00021</TD><TD STYLE="width: 63%; text-align: center; font-size: 10pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --> of 14</TD><TD STYLE="width: 18%; text-align: right; font-size: 10pt">Revision: 3.1</TD></TR></TABLE><P STYLE="margin: 0pt">&nbsp;</P><P STYLE="margin: 0pt"></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt"></P></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 3pt; width: 50%"><IMG SRC="tm259647d1_ex99-1im001.jpg" ALT="">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 3pt; vertical-align: bottom; font-size: 10pt; text-align: right; width: 50%"><P STYLE="margin-top: 0; margin-bottom: 0">Enterprise
                                            Standard</P>
                                                                                                                       <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></P>
                                                                                <P STYLE="margin-top: 0; margin-bottom: 0">Respectful
                                            Workplace Standard</P></TD></TR>
  </TABLE><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="text-indent: 0; font: 14pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B>Contents</B></FONT></P>

<P STYLE="text-indent: 0; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="text-indent: 0; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 95%; font: 10pt Times New Roman, Times, Serif">Summary of Changes</TD>
    <TD STYLE="width: 5%; font: 10pt Times New Roman, Times, Serif; text-align: right">2</TD></TR>
  </TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: -28.05pt">&nbsp;</P>

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<TD STYLE="width: 95%"><FONT STYLE="font-size: 10pt">Contents</FONT></TD><TD STYLE="text-align: right; width: 5%"><FONT STYLE="font-size: 10pt">3</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

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<TD STYLE="width: 4%"><FONT STYLE="font-size: 10pt">1</FONT></TD><TD STYLE="width: 92%"><FONT STYLE="font-size: 10pt">About this Standard</FONT></TD><TD STYLE="text-align: right; width: 4%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9;&nbsp;4</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 4%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2</FONT></TD><TD STYLE="width: 92%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Respectful
                                            Workplace Requirements&#9;</FONT></TD>
                                                                                                                         <TD STYLE="text-align: right; width: 4%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">5</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

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<TD STYLE="width: 4%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">3</FONT></TD><TD STYLE="width: 92%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Discrimination&#9;</FONT></TD>
                                                                                                                         <TD STYLE="text-align: right; width: 4%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">6</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

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<TD STYLE="width: 8%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 4%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">3.1</FONT></TD><TD STYLE="width: 84%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Requirements
                                            and Guidance&#9;</FONT></TD>
                                                                                                                           <TD STYLE="text-align: right; width: 4%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">6</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

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<TD STYLE="width: 8%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 4%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">3.2</FONT></TD><TD STYLE="width: 84%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Resolution&#9;</FONT></TD>
                                                                                                                           <TD STYLE="text-align: right; width: 4%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">6</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

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<TD STYLE="width: 4%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4</FONT></TD><TD STYLE="width: 92%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Harassment&#9;</FONT></TD>
                                                                                                                         <TD STYLE="text-align: right; width: 4%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">7</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

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<TD STYLE="width: 8%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 4%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4.1</FONT></TD><TD STYLE="width: 84%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Requirements
                                            and Guidance&#9;</FONT></TD>
                                                                                                                           <TD STYLE="text-align: right; width: 4%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">7</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 8%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 4%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4.2</FONT></TD><TD STYLE="width: 84%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Resolution&#9;</FONT></TD>
                                                                                                                           <TD STYLE="text-align: right; width: 4%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">9</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 4%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">5</FONT></TD><TD STYLE="width: 92%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Workplace
                                            Violence&#9;</FONT></TD>
                                                                                                                         <TD STYLE="text-align: right; width: 4%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">10</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 8%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 4%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">5.1</FONT></TD><TD STYLE="width: 84%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Requirements
                                            and Guidance&#9;</FONT></TD>
                                                                                                                           <TD STYLE="text-align: right; width: 4%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">10</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 8%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 4%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">5.2</FONT></TD><TD STYLE="width: 84%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Resolution&#9;</FONT></TD>
                                                                                                                           <TD STYLE="text-align: right; width: 4%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">10</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 8%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 4%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">5.3</FONT></TD><TD STYLE="width: 84%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Violence
                                            Prevention Procedures&#9;</FONT></TD>
                                                                                                                           <TD STYLE="text-align: right; width: 4%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">11</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 4%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">6</FONT></TD><TD STYLE="width: 92%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Investigations
                                            and Reporting&#9;</FONT></TD>
                                                                                                                         <TD STYLE="text-align: right; width: 4%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">11</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 8%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 4%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">6.1</FONT></TD><TD STYLE="width: 84%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Requirements
                                            and Guidance&#9;</FONT></TD>
                                                                                                                           <TD STYLE="text-align: right; width: 4%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">11</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 8%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 4%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">6.2</FONT></TD><TD STYLE="width: 84%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Investigation
                                            Process&#9;</FONT></TD>
                                                                                                                           <TD STYLE="text-align: right; width: 4%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">12</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 8%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 4%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">6.3</FONT></TD><TD STYLE="width: 84%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Reporting
                                            to Government Agencies&#9;</FONT></TD>
                                                                                                                           <TD STYLE="text-align: right; width: 4%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">13</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

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<TD STYLE="width: 4%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">7</FONT></TD><TD STYLE="width: 92%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Roles
                                            and Responsibilities&#9;</FONT></TD>
                                                                                                                         <TD STYLE="text-align: right; width: 4%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">13</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

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<TD STYLE="width: 4%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">8</FONT></TD><TD STYLE="width: 92%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">References&#9;</FONT></TD>
                                                                                                                         <TD STYLE="text-align: right; width: 4%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">14</FONT></TD></TR></TABLE>

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    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt"></P><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD COLSPAN="3" STYLE="border-top: Black 1pt solid; text-align: center; font-size: 10pt">The current revision of this approved document is kept online. <FONT STYLE="font-family: Times New Roman, Times, Serif">Printed</FONT> and digital copies are uncontrolled.</TD></TR><TR STYLE="vertical-align: top"><TD STYLE="width: 19%; font-size: 10pt">SUN-00021</TD><TD STYLE="width: 63%; text-align: center; font-size: 10pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence --> of 14</TD><TD STYLE="width: 18%; text-align: right; font-size: 10pt">Revision: 3.1</TD></TR></TABLE><P STYLE="margin: 0pt">&nbsp;</P><P STYLE="margin: 0pt"></P></DIV>
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  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 3pt; width: 50%"><IMG SRC="tm259647d1_ex99-1im001.jpg" ALT="">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 3pt; vertical-align: bottom; font-size: 10pt; text-align: right; width: 50%"><P STYLE="margin-top: 0; margin-bottom: 0">Enterprise
                                            Standard</P>
                                                                                                                       <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></P>
                                                                                <P STYLE="margin-top: 0; margin-bottom: 0">Respectful
                                            Workplace Standard</P></TD></TR>
  </TABLE><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

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<TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>1</B></FONT></TD><TD><FONT STYLE="font-size: 10pt">About
                                            this Standard</FONT></TD></TR></TABLE>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify; border-top: Black 1pt solid; font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 15%; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Purpose</B></FONT></TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="text-align: justify; width: 83%; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
    purpose of this Standard is to describe the requirements for supporting an inclusive and respectful work environment at Suncor. </FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify; border-bottom: Black 1pt solid; font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify; font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Scope</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">This Standard applies to
    Suncor Personnel&rsquo;s actions, behaviours and expected ways of working.</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">This standard is subject
    to and forms part of Suncor&rsquo;s Standards of Business Conduct Code and Compliance Program.</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify; border-bottom: Black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Target Audience</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">This Standard applies to
    Suncor Energy Inc. and subsidiaries over which Suncor has operational control (collectively &ldquo;Suncor&rdquo; or &ldquo;the company&rdquo;
    or &ldquo;enterprise-wide&rdquo;). </FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">As used in this document,
    &ldquo;Suncor personnel&rdquo; includes directors, officers, employees, and independent contractors (formerly referred to as contract
    workers) of Suncor.</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify; border-bottom: Black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Conformance Expectations</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Conformance
    to this standard is required upon the date of approval.</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In addition to what is
    provided for in this standard, Suncor Personnel must comply with the requirements of applicable laws and regulations relating to
    the matters covered by this Standard.&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">If a deviation to this
    standard is required, you must follow the GD deviation process.</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify; border-bottom: Black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Introduction</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Suncor does not tolerate
    discrimination, harassment, or violence in the workplace. Suncor Personnel who participate in discriminatory, harassing, or violent
    behaviour will be subject to appropriate remedial and/or disciplinary action, up to and including termination of employment or termination
    of contract.</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">No retaliation or reprisals
    will be tolerated against any individual who, in good faith, complains of, reports, or participates in the investigation of any incident
    of alleged discrimination, harassment or violence.</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">If</FONT> <FONT STYLE="font-size: 10pt">you
    feel that you are being discriminated against, harassed or subject to other behaviour that is contrary to this standard, or if you
    become aware of an incident of discrimination, harassment, or violence, you are strongly encouraged to report the incident.</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Complaints filed</FONT>
    <FONT STYLE="font-size: 10pt">will be handled confidentially and promptly in accordance with this standard. &nbsp;Suncor will investigate
    any complaints of discrimination, harassment and violence and will take appropriate corrective action to address any such incidents.</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

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    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt"></P><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD COLSPAN="3" STYLE="border-top: Black 1pt solid; text-align: center; font-size: 10pt">The current revision of this approved document is kept online. <FONT STYLE="font-family: Times New Roman, Times, Serif">Printed</FONT> and digital copies are uncontrolled.</TD></TR><TR STYLE="vertical-align: top"><TD STYLE="width: 19%; font-size: 10pt">SUN-00021</TD><TD STYLE="width: 63%; text-align: center; font-size: 10pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->4<!-- Field: /Sequence --> of 14</TD><TD STYLE="width: 18%; text-align: right; font-size: 10pt">Revision: 3.1</TD></TR></TABLE><P STYLE="margin: 0pt">&nbsp;</P><P STYLE="margin: 0pt"></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt"></P></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

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  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 3pt; width: 50%"><IMG SRC="tm259647d1_ex99-1im001.jpg" ALT="">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 3pt; vertical-align: bottom; font-size: 10pt; text-align: right; width: 50%"><P STYLE="margin-top: 0; margin-bottom: 0">Enterprise
                                            Standard</P>
                                                                                                                       <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></P>
                                                                                <P STYLE="margin-top: 0; margin-bottom: 0">Respectful
                                            Workplace Standard</P></TD></TR>
  </TABLE><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

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<TD STYLE="width: 0.5in; text-align: left"><FONT STYLE="font-size: 10pt"><B>2</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt"><B>Respectful
                                            Workplace Requirements</B></FONT></TD>
</TR></TABLE>

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  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-top: Black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><B>Requirement</B></TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The following provides the requirements
    applicable to all Suncor Personnel.</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 15%">&nbsp;</TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 6%">&nbsp;</TD>
    <TD STYLE="text-align: justify; width: 77%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2.1.1 </FONT></TD>
    <TD STYLE="text-align: justify">All Suncor Personnel are required to act in a manner consistent with the expectations and requirements
    outlined in this standard.</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2.1.2</FONT></TD>
    <TD STYLE="text-align: justify">No matter what their position, or that of the people with whom they interact, being inclusive and
    showing mutual respect and consideration is a fundamental expectation of our workplace.</TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-top: Black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Leadership</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The following provides the requirements
    applicable to all Suncor Leaders.</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 15%">&nbsp;</TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 6%">&nbsp;</TD>
    <TD STYLE="text-align: justify; width: 77%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Leaders are required to:</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2.1.3</FONT></TD>
    <TD STYLE="text-align: justify">Take all reasonable measures to promote a work environment consistent with this standard;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>2.1.4</TD>
    <TD STYLE="text-align: justify">Act fairly and consistently in dealings with all Suncor Personnel, and the application of Suncor
    processes and practices (e.g. recruitment, hiring, work assignment, promotion, transfer, termination, and selection for training);&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
    &nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2.1.5</FONT></TD>
    <TD STYLE="text-align: justify">Be aware of and work to mitigate personal bias when making decisions;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>2.1.6</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Foster </FONT>a psychologically safe work
    environment, which is an environment where people feel safe to be themselves, to speak up, to acknowledge mistakes and to be supported
    to learn from them; and</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>2.1.7</TD>
    <TD STYLE="text-align: justify">Promptly consult with a Human Resources (HR) representative if they witness, become aware of, or
    receive a complaint related to behaviour prohibited under this standard.</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: justify; border-bottom: Black 1pt solid">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

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    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt"></P><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD COLSPAN="3" STYLE="border-top: Black 1pt solid; text-align: center; font-size: 10pt">The current revision of this approved document is kept online. <FONT STYLE="font-family: Times New Roman, Times, Serif">Printed</FONT> and digital copies are uncontrolled.</TD></TR><TR STYLE="vertical-align: top"><TD STYLE="width: 19%; font-size: 10pt">SUN-00021</TD><TD STYLE="width: 63%; text-align: center; font-size: 10pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->5<!-- Field: /Sequence --> of 14</TD><TD STYLE="width: 18%; text-align: right; font-size: 10pt">Revision: 3.1</TD></TR></TABLE><P STYLE="margin: 0pt">&nbsp;</P><P STYLE="margin: 0pt"></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt"></P></DIV>
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  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 3pt; width: 50%"><IMG SRC="tm259647d1_ex99-1im001.jpg" ALT="">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 3pt; vertical-align: bottom; font-size: 10pt; text-align: right; width: 50%"><P STYLE="margin-top: 0; margin-bottom: 0">Enterprise
                                            Standard</P>
                                                                                                                       <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></P>
                                                                                <P STYLE="margin-top: 0; margin-bottom: 0">Respectful
                                            Workplace Standard</P></TD></TR>
  </TABLE><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

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<TD STYLE="font-size: 10pt; width: 0"></TD><TD STYLE="font-size: 10pt; width: 0.5in"><FONT STYLE="font-size: 10pt"><B>3</B></FONT></TD><TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt"><B>Discrimination</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>



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<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-size: 10pt"><B>3.1</B></FONT></TD><TD><FONT STYLE="font-size: 10pt"><B>Requirements
                                            and Guidance</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: Black 1pt solid; font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 15%; font-size: 10pt"><B>Requirement</B></TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="text-align: justify; width: 83%; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Suncor
    complies with all</FONT> applicable laws pertaining to discrimination.&nbsp;&nbsp;Suncor does not tolerate any forms of discrimination
    based on a person&rsquo;s age, ancestry, citizenship, colour, family status, gender identity, gender expression, marital status,
    physical or mental disability, place of origin, race, religion or creed, sex (including pregnancy), sexual orientation or any other
    status protected by applicable laws.</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 15%; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Guidance</B></FONT></TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 83%; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Discrimination
    means treating an individual unfairly based on any of the grounds listed above. </FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt">&nbsp;</TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>3.2</B></FONT></TD><TD>Resolution</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</P>

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  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-top: Black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><B>Informal and Formal Resolution</B></TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="3" STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Suncor Personnel
    </FONT>may choose to resolve discrimination issues informally or formally using the methods outlined below.</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt; width: 15%">&nbsp;</TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 5%">&nbsp;</TD>
    <TD STYLE="width: 5%">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; width: 73%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"></TD>
    <TD>&nbsp;</TD>
    <TD></TD>
    <TD>1.</TD>
    <TD STYLE="text-align: justify; font-size: 10pt"><B>Informal Resolution</B> &ndash; If comfortable, speak to the stakeholder(s) and/or
    person(s) involved to seek to understand their perspective.&nbsp;&nbsp;&nbsp; &nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"></TD>
    <TD>&nbsp;</TD>
    <TD></TD>
    <TD>2<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">.</FONT></TD>
    <TD STYLE="text-align: justify; font-size: 10pt"><B>Formal Resolution</B> &ndash; If the informal procedures described above are
    not appropriate or the behaviour continues, Suncor Personnel may take their concerns to their leader to file a formal complaint.
    &nbsp;If Suncor Personnel cannot discuss the issue with their leader, or they are dissatisfied with the results, they should consult
    with a more senior leader, a HR director, or the <U>Suncor IntegrityHotline.</U></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt">&nbsp;</TD></TR>
  </TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0"></P>

<P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 67; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt"></P><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD COLSPAN="3" STYLE="border-top: Black 1pt solid; text-align: center; font-size: 10pt">The current revision of this approved document is kept online. <FONT STYLE="font-family: Times New Roman, Times, Serif">Printed</FONT> and digital copies are uncontrolled.</TD></TR><TR STYLE="vertical-align: top"><TD STYLE="width: 19%; font-size: 10pt">SUN-00021</TD><TD STYLE="width: 63%; text-align: center; font-size: 10pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->6<!-- Field: /Sequence --> of 14</TD><TD STYLE="width: 18%; text-align: right; font-size: 10pt">Revision: 3.1</TD></TR></TABLE><P STYLE="margin: 0pt">&nbsp;</P><P STYLE="margin: 0pt"></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt"></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 3pt; width: 50%"><IMG SRC="tm259647d1_ex99-1im001.jpg" ALT="">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 3pt; vertical-align: bottom; font-size: 10pt; text-align: right; width: 50%"><P STYLE="margin-top: 0; margin-bottom: 0">Enterprise
                                            Standard</P>
                                                                                                                       <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></P>
                                                                                <P STYLE="margin-top: 0; margin-bottom: 0">Respectful
                                            Workplace Standard</P></TD></TR>
  </TABLE><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

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<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-size: 10pt"><B>4</B></FONT></TD><TD><FONT STYLE="font-size: 10pt"><B>Harassment</B></FONT></TD></TR></TABLE>

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<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-size: 10pt"><B>4.1</B></FONT></TD><TD><FONT STYLE="font-size: 10pt"><B>Requirements
                                            and Guidance</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: justify; border-top: Black 1pt solid; padding-right: 4.5pt; font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><B>Requirement</B></TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: justify; padding-right: 4.5pt; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Suncor
    is </FONT>committed to providing a respectful work environment. Suncor does not tolerate any forms of harassment and is committed
    to taking reasonable measures to eliminate or, if that is not reasonably practicable, control the hazard of harassment.</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: justify; border-bottom: Black 1pt solid; padding-right: 4.5pt; font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: justify; padding-right: 4.5pt; font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Guidance</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Harassment
    is </FONT>any single incident or repeated incidents of objectionable or unwelcome conduct, comment, bullying or action by a person
    that the person knows or ought reasonably to know will or would cause offence or humiliation to a person, or adversely affects the
    person&rsquo;s health and safety, and includes:</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: justify; text-indent: -0.25in; padding-left: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">a)&#8239;&#8239;&#8239;&#8239;&#8239;conduct,
    comment, bullying or action because of age, ancestry, citizenship, colour, family status, gender identity, gender expression, marital
    status, physical or mental disability, place of origin, race, religion or creed, sex (including pregnancy), sexual orientation or
    any other status protected by applicable laws; and</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: justify; text-indent: -0.25in; padding-left: 0.5in">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: justify; text-indent: -0.25in; padding-left: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">b)&#8239;&#8239;&#8239;&#8239;&#8239;a
    sexual solicitation or advance</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: justify; text-indent: -0.25in; padding-left: 0.5in">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">but excludes
    </FONT>any reasonable conduct of an employer or leader in respect of the management of Suncor Personnel.</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Harassment
    </FONT>includes actions (such as touching or pushing), comments (including jokes or name-calling) and visual displays (such as jewelry,
    clothing, buttons, slogans, body art/tattoos, posters or cartoons), which are reasonably perceived as insulting, intimidating, humiliating,
    hurtful, malicious, degrading or otherwise offensive to an individual, and includes sexual harassment, discriminatory harassment
    and other forms of harassment. &nbsp;Harassment can involve a single incident, or a series of incidents. &nbsp;Harassment can also
    occur on-line or through social media, as inappropriate emails, texts, and social media posts can be equally hurtful. &nbsp;All forms
    of harassment are prohibited by this standard.</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">T</FONT>he
    above types of harassment are examples only and do not cover all circumstances or conduct that may constitute harassment. If an individual
    feels that they are being harassed, they are encouraged to seek guidance from Human Resources or Legal Affairs</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 2pt; width: 15%; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; white-space: nowrap; width: 5%; padding-bottom: 2pt"><IMG SRC="tm259647d1_ex99-1im003.jpg" ALT=""><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; border: Black 1pt solid; padding: 2pt 4pt; width: 78%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Important:&nbsp;&nbsp;</FONT>Legitimate
    management intervention, or exercise of authority, including performance appraisals, counselling, and discipline, is not harassment.</TD></TR>
</TABLE>

<P STYLE="margin: 0"></P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

<!-- Field: Page; Sequence: 68; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt"></P><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD COLSPAN="3" STYLE="border-top: Black 1pt solid; text-align: center; font-size: 10pt">The current revision of this approved document is kept online. <FONT STYLE="font-family: Times New Roman, Times, Serif">Printed</FONT> and digital copies are uncontrolled.</TD></TR><TR STYLE="vertical-align: top"><TD STYLE="width: 19%; font-size: 10pt">SUN-00021</TD><TD STYLE="width: 63%; text-align: center; font-size: 10pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->7<!-- Field: /Sequence --> of 14</TD><TD STYLE="width: 18%; text-align: right; font-size: 10pt">Revision: 3.1</TD></TR></TABLE><P STYLE="margin: 0pt">&nbsp;</P><P STYLE="margin: 0pt"></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt"></P></DIV>
    <!-- Field: /Page -->

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<P STYLE="margin: 0; font-size: 10pt"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 3pt; width: 50%"><IMG SRC="tm259647d1_ex99-1im001.jpg" ALT="">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 3pt; vertical-align: bottom; font-size: 10pt; text-align: right; width: 50%"><P STYLE="margin-top: 0; margin-bottom: 0">Enterprise
                                            Standard</P>
                                                                                                                       <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></P>
                                                                                <P STYLE="margin-top: 0; margin-bottom: 0">Respectful
                                            Workplace Standard</P></TD></TR>
  </TABLE><P STYLE="margin: 0; font-size: 10pt"></P>

<P STYLE="margin: 0; font-size: 10pt"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 15%">&nbsp;</TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: justify; text-indent: -0.375in; padding-left: 0.375in; width: 4%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: justify; text-indent: -0.375in; padding-left: 0.375in; width: 79%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 10pt"><B>Sexual Harassment Guidance</B></TD>
    <TD STYLE="padding-top: 10pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: justify; padding-top: 10pt">Sexual harassment has been defined in some jurisdictions as any conduct,
    comment, gesture, or contact of a sexual nature that is likely to cause offence or humiliation to any reasonable person or that might,
    on reasonable grounds, be perceived by that person as placing a condition of a sexual nature on employment or on any benefits or
    employment opportunity. &nbsp;Such harassment can include direct advances and reprisals or threats of reprisal if the advances are
    rejected. &nbsp;It also includes making a sexual solicitation or advance where the person making the solicitation or advance is in
    a position to confer, grant or deny a benefit or advancement to the person and the person knows or ought to know the solicitation
    or advance is unwelcome.</TD></TR>
  </TABLE>
<P STYLE="margin: 0; font-size: 10pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 15%">&nbsp;</TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="text-align: justify; width: 83%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Sexual harassment
    also includes offensive or humiliating behaviour of a sexual nature that creates an intimidating, hostile or &ldquo;poisoned&rdquo;
    work environment. &nbsp;A few examples are: questions and discussions about a person&rsquo;s sexual life; touching a person in a
    sexual way; commenting on someone&rsquo;s sexual attractiveness or sexual unattractiveness; persisting in asking for a date after
    having been refused; telling a woman she belongs at home or is not suited for a particular job; eyeing someone in a suggestive way;
    displaying cartoons or posters of a sexual nature; clothing or tattoos displaying images of a sexual nature, obscene jokes, suggestive
    comments, and writing sexually suggestive letters or notes, including emails or texts; and offensive, obscene or persistent phone
    calls.</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Sexual harassment is frequently
    more about the abuse of power than sex. &nbsp;It often occurs in situations where there is unequal power between the people involved
    and is an attempt by one person to assert power over the other. &nbsp;Harassment can also occur when an individual is in a vulnerable
    position because he or she is in the minority.</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">P</FONT>ersons flirting
    with each other or becoming involved in a romantic or sexual relationship are not harassing each other, as long as the relationship
    is consensual and none of the elements of sexual harassment, discussed above, are present. &nbsp;If one of the individuals changes
    her or his mind, and the other person persists in trying to continue the relationship, then the conduct can quickly become harassment
    and would fall within the behaviour prohibited by this standard.</TD>
    </TR>


<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify; border-bottom: Black 1pt solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><B>Discriminatory Harassment Guidance</B></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Discriminatory harassment
    is any harassment directed against any person on the basis of that person&rsquo;s age, ancestry, citizenship, colour, family status,
    gender identity, gender expression, marital status, physical or mental disability, place of origin, race, religion or creed, sex
    (including pregnancy), sexual orientation, or any other status protected by applicable laws.</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify; border-bottom: Black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Some examples of discriminatory
    harassment may include racial or ethnic slurs, innuendos concerning a person&rsquo;s age, marital status, sexual orientation, ethnic
    or racial origin, religion, or disability; sexist, racist, ethnic, religious or hate graffiti or symbols, offensive posters, and e-mails
    or screen savers mimicking someone with a disability.</FONT></TD>
    </TR>

</TABLE>

<P STYLE="margin: 0"></P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

<!-- Field: Page; Sequence: 69; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt"></P><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD COLSPAN="3" STYLE="border-top: Black 1pt solid; text-align: center; font-size: 10pt">The current revision of this approved document is kept online. <FONT STYLE="font-family: Times New Roman, Times, Serif">Printed</FONT> and digital copies are uncontrolled.</TD></TR><TR STYLE="vertical-align: top"><TD STYLE="width: 19%; font-size: 10pt">SUN-00021</TD><TD STYLE="width: 63%; text-align: center; font-size: 10pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->8<!-- Field: /Sequence --> of 14</TD><TD STYLE="width: 18%; text-align: right; font-size: 10pt">Revision: 3.1</TD></TR></TABLE><P STYLE="margin: 0pt">&nbsp;</P><P STYLE="margin: 0pt"></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt"></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font-size: 10pt; margin: 0">&nbsp;</P>

<P STYLE="margin: 0; font-size: 10pt"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 3pt; width: 50%"><IMG SRC="tm259647d1_ex99-1im001.jpg" ALT="">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 3pt; vertical-align: bottom; font-size: 10pt; text-align: right; width: 50%"><P STYLE="margin-top: 0; margin-bottom: 0">Enterprise
                                            Standard</P>
                                                                                                                       <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></P>
                                                                                <P STYLE="margin-top: 0; margin-bottom: 0">Respectful
                                            Workplace Standard</P></TD></TR>
  </TABLE><P STYLE="margin: 0; font-size: 10pt"></P>

<P STYLE="margin: 0; font-size: 10pt"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 15%">&nbsp;</TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="text-align: justify; border-bottom: Black 1pt solid; width: 83%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>

<TR STYLE="vertical-align: top">
    <TD><B>Other Harassment Guidance</B></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Disrespectful behaviour,
    also known as &ldquo;personal&rdquo; harassment, is also covered by this standard.&nbsp;&nbsp;While it also involves unwelcome behaviour
    that demeans or embarrasses an individual, the behaviour is not based on unlawful discrimination or is not sexual in nature.&nbsp;&nbsp;It
    includes patronizing or condescending behaviour, such as humiliating a person in front of co-workers and practical jokes that offend,
    embarrass or insult someone.&nbsp;&nbsp;This type of harassment can create a &ldquo;poisoned work environment&rdquo; where employees
    do not feel safe or comfortable or feel humiliated or demeaned. </FONT></TD>
    </TR>
</TABLE>
<P STYLE="margin: 0; font-size: 10pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>4.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
    </B></FONT>Resolution</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold"></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="3" STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Suncor Personnel
    may choose to resolve </FONT>harassment issues informally or formally using the following methods below:</TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: Black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD>
    </TR>

<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Informal Resolution</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="3" STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">While harassment
    </FONT>has no place in a Suncor workplace, it may well be unintentional. Silence can be, and often is, interpreted as acceptance.</TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 15%"></TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 5%">&nbsp;</TD>
    <TD STYLE="width: 3%">1.</TD>
    <TD STYLE="text-align: justify; width: 75%"><B>Direct Approach </B>&ndash; Sometimes the best way of dealing with harassment may
    be to inform the harasser that the particular behaviour is unwelcome, and to ask that it stop. &nbsp;Often, a person may not be aware
    that his or her behaviour is inappropriate and will change the behaviour once they realize this.</TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>2.</TD>
    <TD STYLE="text-align: justify"><B>Informal Intervention </B>&ndash; It may be that communicating directly with the person is not
    enough, or that a person feels unable to deal with him or her directly. &nbsp;In that case, Suncor Personnel can speak to their leader,
    a more senior leader, or HR representative.</TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="3" STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">These </FONT>informal
    methods are optional and depending on the situation, the individual may want to file a formal complaint immediately. &nbsp;If attempts
    at informal resolution fail, Suncor Personnel may still file a formal complaint.</TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 3pt; padding-bottom: 3pt">&nbsp;</TD>
    <TD STYLE="padding-top: 3pt; padding-bottom: 3pt">&nbsp;</TD>
    <TD STYLE="padding-top: 3pt; padding-bottom: 3pt">&nbsp;</TD>
    <TD STYLE="padding-top: 3pt; padding-bottom: 3pt">&nbsp;</TD>
    <TD STYLE="text-align: justify; border: Black 1pt solid; padding: 3pt">Note:&nbsp;&nbsp;Suncor reserves the right to conduct a formal
    investigation into all incidents and complaints of workplace harassment that may be appropriate in the circumstances, including in
    cases of informal intervention.</TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD></TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    </TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Formal Resolution</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="3"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">If the </FONT>informal procedures described
    above are not appropriate or the behaviour continues:</TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1</FONT></TD>
    <TD STYLE="text-align: justify">Suncor Personnel may take their concerns to their leader to file a formal complaint.</TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">If Suncor Personnel cannot
    discuss the issue with their leader, or they are dissatisfied with the results, they should consult with a more senior leader, a
    HR director, or contact the &nbsp;<U>Suncor IntegrityHotline</U>.</FONT></TD>
    </TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

<!-- Field: Page; Sequence: 70; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt"></P><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD COLSPAN="3" STYLE="border-top: Black 1pt solid; text-align: center; font-size: 10pt">The current revision of this approved document is kept online. <FONT STYLE="font-family: Times New Roman, Times, Serif">Printed</FONT> and digital copies are uncontrolled.</TD></TR><TR STYLE="vertical-align: top"><TD STYLE="width: 19%; font-size: 10pt">SUN-00021</TD><TD STYLE="width: 63%; text-align: center; font-size: 10pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->9<!-- Field: /Sequence --> of 14</TD><TD STYLE="width: 18%; text-align: right; font-size: 10pt">Revision: 3.1</TD></TR></TABLE><P STYLE="margin: 0pt">&nbsp;</P><P STYLE="margin: 0pt"></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt"></P></DIV>
    <!-- Field: /Page -->

<P STYLE="margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp; &nbsp; &nbsp;</FONT></P>

<P STYLE="margin: 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 3pt; width: 50%"><IMG SRC="tm259647d1_ex99-1im001.jpg" ALT="">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 3pt; vertical-align: bottom; font-size: 10pt; text-align: right; width: 50%"><P STYLE="margin-top: 0; margin-bottom: 0">Enterprise
                                            Standard</P>
                                                                                                                       <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></P>
                                                                                <P STYLE="margin-top: 0; margin-bottom: 0">Respectful
                                            Workplace Standard</P></TD></TR>
  </TABLE><P STYLE="margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="font-size: 10pt; vertical-align: top; text-align: justify">
<TD STYLE="font-size: 10pt; width: 0in"></TD><TD STYLE="font-size: 10pt; width: 0.5in; text-align: left"><FONT STYLE="font-size: 10pt">5</FONT></TD><TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-size: 10pt">Workplace
                                            Violence</FONT></TD>
</TR></TABLE>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.5in; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>5.1</B></FONT></TD><TD STYLE="text-align: justify">Requirements
                                            and Guidance</TD>
</TR></TABLE>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold">&#8239;</TD>
    <TD>&#8239;</TD>
    <TD STYLE="text-align: justify; border-top: Black 1pt solid">&#8239;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 15%; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Requirement</B></FONT></TD>
    <TD STYLE="width: 2%">&#8239;</TD>
    <TD STYLE="text-align: justify; width: 83%">Suncor values safety above all else. &#8239;Suncor does not tolerate any forms of violence
    and is committed to taking reasonable measures to eliminate or, if that is not reasonably practicable, control the hazard of workplace
    violence.</TD>
    </TR>


<TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold">&#8239;</TD>
    <TD>&#8239;</TD>
    <TD STYLE="text-align: justify; border-bottom: Black 1pt solid">&#8239;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Guidance</B></FONT></TD>
    <TD>&#8239;</TD>
    <TD STYLE="text-align: justify; font-weight: bold">&#8239;</TD>
    </TR>

<TR STYLE="vertical-align: top">
    <TD>&#8239;</TD>
    <TD>&#8239;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Workplace violence includes,
    but is not limited to:</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD>&#8239;</TD>
    <TD>&#8239;</TD>
    <TD STYLE="text-align: justify">&#8239;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD></TD>
    <TD>&#8239;</TD>
    <TD STYLE="text-align: justify; text-indent: -0.25in; padding-left: 0.625in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;The
    threatened, attempted, or actual conduct of a person that causes or is likely to cause physical or psychological injury or harm to
    a person, and includes domestic or sexual violence (e.g., hitting, shoving, pushing, kicking, sexual assault);</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD>&#8239;</TD>
    <TD>&#8239;</TD>
    <TD STYLE="text-align: justify; text-indent: -0.25in; padding-left: 0.625in">&#8239;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD></TD>
    <TD>&#8239;</TD>
    <TD STYLE="text-align: justify; text-indent: -0.25in; padding-left: 0.625in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Any
threat, behaviour or action which is interpreted to carry the potential to harm or endanger the safety of others, result in an act of
aggression, or destroy or damage property;</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD>&#8239;</TD>
    <TD>&#8239;</TD>
    <TD STYLE="text-align: justify; text-indent: -0.25in; padding-left: 0.625in">&#8239;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD></TD>
    <TD>&#8239;</TD>
    <TD STYLE="text-align: justify; text-indent: -0.25in; padding-left: 0.625in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Disruptive
behaviour that is not appropriate to the work environment, e.g. yelling or swearing; and</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD>&#8239;</TD>
    <TD>&#8239;</TD>
    <TD STYLE="text-align: justify; text-indent: -0.25in; padding-left: 0.625in">&#8239;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD></TD>
    <TD>&#8239;</TD>
    <TD STYLE="text-align: justify; text-indent: -0.25in; padding-left: 0.625in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Other
threatening or intimidating behavior such as following someone home from work, possession of weapons, ammunition, explosives (except
such items used in the course of employment), any threat or attempt to initiate or participate in violence vandalism or malicious acts
against the personal property of any person.</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD>&#8239;</TD>
    <TD>&#8239;</TD>
    <TD STYLE="text-align: justify; border-bottom: Black 1pt solid; text-indent: -0.25in; padding-left: 0.625in">&#8239;</TD></TR>
</TABLE>
<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"></P>

<P STYLE="margin: 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2">&nbsp;</TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold; width: 0.5in">5.2</TD>
    <TD STYLE="font-weight: bold">Resolution</TD>
    </TR>

</TABLE>

<P STYLE="margin: 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold; width: 15%"></TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; width: 83%">&nbsp;</TD>
    </TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Workplace Violence</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In the event </FONT>that any Suncor Personnel experiences
    an act of violence, they are encouraged to:</TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-indent: -0.25in; padding-left: 0.625in">1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Immediate Assistance &ndash; obtain immediate
    assistance by calling 911 (as appropriate) or the emergency number on the back of their Suncor access card (if applicable); and</TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-indent: -0.25in; padding-left: 0.625in">2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Reporting &ndash; report the incident to
    Corporate Security or the <U>Suncor Integrity Hotline</U>.</TD>
    </TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<!-- Field: Page; Sequence: 71; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt"></P><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD COLSPAN="3" STYLE="border-top: Black 1pt solid; text-align: center; font-size: 10pt">The current revision of this approved document is kept online. <FONT STYLE="font-family: Times New Roman, Times, Serif">Printed</FONT> and digital copies are uncontrolled.</TD></TR><TR STYLE="vertical-align: top"><TD STYLE="width: 19%; font-size: 10pt">SUN-00021</TD><TD STYLE="width: 63%; text-align: center; font-size: 10pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->10<!-- Field: /Sequence --> of 14</TD><TD STYLE="width: 18%; text-align: right; font-size: 10pt">Revision: 3.1</TD></TR></TABLE><P STYLE="margin: 0pt">&nbsp;</P><P STYLE="margin: 0pt"></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt"></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font-size: 10pt; margin: 0">&nbsp;</P>

<P STYLE="margin: 0; font-size: 10pt"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 3pt; width: 50%"><IMG SRC="tm259647d1_ex99-1im001.jpg" ALT="">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 3pt; vertical-align: bottom; font-size: 10pt; text-align: right; width: 50%"><P STYLE="margin-top: 0; margin-bottom: 0">Enterprise
                                            Standard</P>
                                                                                                                       <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></P>
                                                                                <P STYLE="margin-top: 0; margin-bottom: 0">Respectful
                                            Workplace Standard</P></TD></TR>
  </TABLE><P STYLE="margin: 0; font-size: 10pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="font-weight: bold">5.3&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Violence
    Prevention Procedures</TD>
    </TR>

<TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold; width: 15%"></TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="text-align: justify; border-top: Black 1pt solid; font-weight: bold; width: 83%">&nbsp;</TD>
    </TR>

<TR STYLE="vertical-align: top">
    <TD><B>Security</B></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Most Suncor sites are </FONT>staffed
    with security personnel and the entry into Suncor workplaces is generally controlled and monitored through the use of security access
    cards.</TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify; text-indent: -0.25in; padding-left: 0.625in">1.&nbsp;&nbsp;&nbsp;&nbsp;Suncor Personnel can
    contact security in the event of an emergency, generally by referring to the phone numbers listed on the back of each security access
    card.</TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify; text-indent: -0.25in; padding-left: 0.625in">2.&nbsp;&nbsp;&nbsp;&nbsp;In addition, in the
    event that Suncor becomes aware of a persistent threat of violence or a specific threat of violence, Suncor will take reasonable
    steps to inform those Suncor Personnel affected or potentially affected by such threat of violence and the measures being taken to
    eliminate or control such threat.</TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify; border-bottom: Black 1pt solid; text-indent: -0.25in; padding-left: 0.625in">&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0; font-size: 10pt"></P>

<P STYLE="margin: 0; font-size: 10pt"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="font-size: 14pt; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>6</B></FONT><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#8239;&#8239;&#8239;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
    Investigations and Reporting <FONT STYLE="font-family: Times New Roman, Times, Serif"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
    </B></FONT>&nbsp;</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="font-size: 14pt; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>6.1&nbsp;&nbsp;&nbsp;&#8239;&#8239;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
    </B></FONT><FONT STYLE="font-size: 10pt">Requirements and Guidance</FONT></TD>
    </TR>

<TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify; border-top: Black 1pt solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 15%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Requirements</B></FONT></TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="text-align: justify; width: 83%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The following
    provide </FONT><FONT STYLE="font-size: 10pt">the requirements when an investigation takes place related to an incident of discrimination,
    harassment, or violence.</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify; text-indent: -0.375in; padding-left: 0.625in"><FONT STYLE="font-size: 10pt">1.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;All
    discrimination, harassment and violence incidents will be investigated in accordance with the Standards of Business Conduct - Investigation
    Standard and this document.</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify; text-indent: -0.375in; padding-left: 0.625in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify; text-indent: -0.375in; padding-left: 0.625in"><FONT STYLE="font-size: 10pt">2.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;In
    any investigation, Suncor will not disclose the circumstances related to an incident of discrimination, harassment or violence or
    the names of the complainant, the person alleged to have committed the discrimination, harassment or violence, and any witnesses,
    except:</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify; text-indent: -0.375in; padding-left: 0.625in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify; text-indent: -0.25in; padding-left: 0.875in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&#8239;&#8239;&#8239;&#8239;&#8239;where
    necessary to investigate the incident or take corrective action or to inform the parties involved in the incident of the results
    of the investigation and any corrective action to be taken to address the incident;</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify; text-indent: -0.25in; padding-left: 0.875in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify; text-indent: -0.25in; padding-left: 0.875in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&#8239;&#8239;&#8239;&#8239;&#8239;where
    necessary to inform Suncor Personnel of a specific or general threat of violence or potential violence, or</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify; text-indent: -0.625in; padding-left: 0.625in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify; text-indent: -0.25in; padding-left: 0.875in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&#8239;&#8239;&#8239;&#8239;&#8239;as
    required by law.</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify; text-indent: -0.375in; padding-left: 0.625in"><FONT STYLE="font-size: 10pt">3.&nbsp;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Where
    it is necessary to inform Suncor Personnel of a specific or general threat of violence or potential violence, Suncor will disclose
    only the minimum amount of personal information that is necessary to inform Suncor Personnel of a specific or general threat of violence
    or potential violence.</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    </TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

<!-- Field: Page; Sequence: 72; Options: NewSection; Value: 11 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt"></P><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD COLSPAN="3" STYLE="border-top: Black 1pt solid; text-align: center; font-size: 10pt">The current revision of this approved document is kept online. <FONT STYLE="font-family: Times New Roman, Times, Serif">Printed</FONT> and digital copies are uncontrolled.</TD></TR><TR STYLE="vertical-align: top"><TD STYLE="width: 19%; font-size: 10pt">SUN-00021</TD><TD STYLE="width: 63%; text-align: center; font-size: 10pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->11<!-- Field: /Sequence --> of 14</TD><TD STYLE="width: 18%; text-align: right; font-size: 10pt">Revision: 3.1</TD></TR></TABLE><P STYLE="margin: 0pt">&nbsp;</P><P STYLE="margin: 0pt"></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt"></P></DIV>
    <!-- Field: /Page -->

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  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 3pt; width: 50%"><IMG SRC="tm259647d1_ex99-1im001.jpg" ALT="">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 3pt; vertical-align: bottom; font-size: 10pt; text-align: right; width: 50%"><P STYLE="margin-top: 0; margin-bottom: 0">Enterprise
                                            Standard</P>
                                                                                                                       <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></P>
                                                                                <P STYLE="margin-top: 0; margin-bottom: 0">Respectful
                                            Workplace Standard</P></TD></TR>
  </TABLE><P STYLE="margin: 0; font-size: 10pt">&nbsp;</P>

<P STYLE="margin: 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.5in; text-align: left"><FONT STYLE="font-size: 10pt">6.2</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">Investigation
                                            Process</FONT></TD>
</TR></TABLE>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

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<TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold; width: 15%">&nbsp;</TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="border-top: Black 1pt solid; width: 83%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Steps</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Once an investigator has&nbsp;been&nbsp;assigned&nbsp;the&nbsp;following&nbsp;steps&nbsp;will&nbsp;be&nbsp;completed:</FONT></TD>
    </TR>

<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify; text-indent: -0.375in; padding-left: 0.625in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><FONT STYLE="font-size: 10pt"><B>Step 1: Investigation</B> - The investigator will collect all relevant information and facts
    in respect of the incident. The complainant will be asked to provide and maintain all relevant information and facts including dates,
    times, &nbsp;&nbsp;places, names (including witnesses) and other details relating to the incident(s). The investigation will include,
    where appropriate, written statements outlining names, dates, times of the offence(s), the nature of the alleged discrimination,
    harassment or violence, any potential witnesses and the form of correction or redress sought through the complaint. &nbsp;The investigator
    will, with suitable sensitivity and the protection of the parties in mind, conduct individual interviews with all involved parties
    and document all discussions. The investigator will prepare a written report that documents all relevant information and facts in
    respect of the incident. All parties will keep confidential any information discussed.</FONT></TD>
    </TR>
</TABLE>

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  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 15%"></TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="text-align: justify; text-indent: -0.375in; padding-left: 0.625in; width: 83%">1.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Step
    2:</B>&nbsp;&nbsp;<B>Legal Review</B> &ndash; The investigator will compile a report. &nbsp;It will be reviewed by the Human Resources
    director and the Legal Affairs department, who will then decide on the appropriate next steps.</TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify; text-indent: -0.375in; padding-left: 0.625in">2.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Step
    3: Resolution &ndash; </B>Once a decision has been reached, the results of the investigation will be communicated to the appropriate
    parties as soon as reasonably practicable.</TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify; text-indent: -0.375in; padding-left: 0.625in">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify; text-indent: -0.375in; padding-left: 0.625in">3.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Step
    4: Implementation &ndash; </B>Any measures or corrective actions that have been identified as a result of any investigation shall
    be implemented as soon as practicable.</TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">If there is</FONT> insufficient
    evidence to substantiate the claim of discrimination, harassment or violence, the complainant and the respondent (if applicable)
    will be so informed. Those involved will also be informed that the documentation on the incident will be retained by the Human Resources
    Department on a separate confidential file (not on the individual&rsquo;s personnel file), and in the event that there are other
    claims of a similar nature in the future, the case may be reopened.</TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">W</FONT>here there is sufficient
    evidence to substantiate the claim of discrimination, harassment or violence, Suncor will take appropriate disciplinary or other
    action, up to and including termination of employment and reporting to the appropriate authorities.</TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">A</FONT>llegations of discrimination,
    harassment and violence are taken very seriously by Suncor and as such, the investigations are thorough. &nbsp;No retaliation or
    reprisals will be tolerated against any individual who, in good faith, complains of, reports, or participates in the investigation
    of any incident of alleged discrimination, harassment or violence. However, should a deliberately false claim be made against an
    individual, then the person making the false claim will be subject to disciplinary action.</TD>
    </TR>
</TABLE>

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<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

<!-- Field: Page; Sequence: 73; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt"></P><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD COLSPAN="3" STYLE="border-top: Black 1pt solid; text-align: center; font-size: 10pt">The current revision of this approved document is kept online. <FONT STYLE="font-family: Times New Roman, Times, Serif">Printed</FONT> and digital copies are uncontrolled.</TD></TR><TR STYLE="vertical-align: top"><TD STYLE="width: 19%; font-size: 10pt">SUN-00021</TD><TD STYLE="width: 63%; text-align: center; font-size: 10pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->12<!-- Field: /Sequence --> of 14</TD><TD STYLE="width: 18%; text-align: right; font-size: 10pt">Revision: 3.1</TD></TR></TABLE><P STYLE="margin: 0pt">&nbsp;</P><P STYLE="margin: 0pt"></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt"></P></DIV>
    <!-- Field: /Page -->

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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 3pt; width: 50%"><IMG SRC="tm259647d1_ex99-1im001.jpg" ALT="">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 3pt; vertical-align: bottom; font-size: 10pt; text-align: right; width: 50%"><P STYLE="margin-top: 0; margin-bottom: 0">Enterprise
                                            Standard</P>
                                                                                                                       <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></P>
                                                                                <P STYLE="margin-top: 0; margin-bottom: 0">Respectful
                                            Workplace Standard</P></TD></TR>
  </TABLE><P STYLE="margin: 0; font-size: 10pt"></P>

<P STYLE="margin: 0; font-size: 10pt"></P>

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  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 15%">&nbsp;</TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="text-align: justify; width: 83%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">S</FONT>uncor Personnel
    involved either directly or indirectly in an incident of discrimination, harassment or violence are advised to use Suncor&rsquo;s
    <U>Employee and Family Assistance Program</U> for counselling. Any person suffering an injury or adverse symptom resulting from an
    incident of discrimination, harassment or violence is also advised to consult a health professional for appropriate treatment.</TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="font-weight: bold">6.3&nbsp;&nbsp;&nbsp;&nbsp;&#8239;&#8239;&nbsp;&nbsp;&nbsp;&nbsp; Reporting to Government
    Agencies</TD>
    </TR>

<TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: Black 1pt solid; text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Reporting</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Suncor Personnel </FONT>are
    strongly encouraged to report any incidents of discrimination, harassment, or violence. &nbsp;Suncor Personnel are also entitled to
    file a complaint with their relevant governmental agency responsible for criminal law or human rights violations, as applicable.
    Suncor Personnel can contact their relevant governmental agency to establish the applicable limitation period and grounds and to
    obtain instructions for filing a complaint. This standard is not intended to discourage any Suncor Personnel from exercising their
    rights pursuant to ay other applicable law.</TD>
    </TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: justify">&nbsp;</TD></TR>
</TABLE>
<P STYLE="margin: 0; font-size: 10pt">&nbsp;</P>

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  <TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="font-size: 14pt; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>7</B></FONT><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#8239;&#8239;&nbsp;&nbsp;&nbsp;&nbsp;
    Roles and Responsibilities <FONT STYLE="font-family: Times New Roman, Times, Serif"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
    </B></FONT>&nbsp;</FONT></TD>
    </TR>

<TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="font-size: 14pt; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: Black 1pt solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold; width: 15%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>HR Directors</B></FONT></TD>
    <TD STYLE="width: 2%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 83%"><FONT STYLE="font-size: 10pt">HR Directors, in conjunction with Legal Affairs, are responsible for:</FONT></TD>
    </TR>

<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">7.1.1&nbsp;&nbsp;&nbsp; Keeping leaders informed of applicable legislation;</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">7.1.2&nbsp;&nbsp;&nbsp; Developing and sustaining programs to support this standard;</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">7.1.3&nbsp;&nbsp;&nbsp; Assisting management in implementing this standard, and</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">7.1.4&nbsp;&#8239;&#8239; Determining the appropriate resolution to a complaint.</FONT></TD>
    </TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Chief Human Resources
Officer</B></FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Chief Human Resources Officer is responsible for:</FONT></TD>
    </TR>

<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="font-size: 10pt">7.1.5&nbsp;&#8239;&#8239; Initiating reviews of this standard.</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-indent: 0in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
</TABLE>

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<!-- Field: Page; Sequence: 74; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt"></P><TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse"><TR STYLE="vertical-align: top"><TD COLSPAN="3" STYLE="border-top: Black 1pt solid; text-align: center; font-size: 10pt">The current revision of this approved document is kept online. <FONT STYLE="font-family: Times New Roman, Times, Serif">Printed</FONT> and digital copies are uncontrolled.</TD></TR><TR STYLE="vertical-align: top"><TD STYLE="width: 19%; font-size: 10pt">SUN-00021</TD><TD STYLE="width: 63%; text-align: center; font-size: 10pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->13<!-- Field: /Sequence --> of 14</TD><TD STYLE="width: 18%; text-align: right; font-size: 10pt">Revision: 3.1</TD></TR></TABLE><P STYLE="margin: 0pt">&nbsp;</P><P STYLE="margin: 0pt"></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt"></P></DIV>
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<P STYLE="margin: 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 3pt; width: 50%"><IMG SRC="tm259647d1_ex99-1im001.jpg" ALT="">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 3pt; vertical-align: bottom; font-size: 10pt; text-align: right; width: 50%"><P STYLE="margin-top: 0; margin-bottom: 0">Enterprise
                                            Standard</P>
                                                                                                                       <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></P>
                                                                                <P STYLE="margin-top: 0; margin-bottom: 0">Respectful
                                            Workplace Standard</P></TD></TR>
  </TABLE>
<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
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    <TD COLSPAN="3" STYLE="font-size: 14pt; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>8</B></FONT><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-family: Times New Roman, Times, Serif"><B>&nbsp;References</B></FONT></FONT></TD>
    </TR>

<TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="font-size: 14pt; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 15%">&nbsp;</TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="border-top: Black 1pt solid; width: 83%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Background Documents</B></FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The following documents
    provide additional information that may be of interest or provide additional support for this Standard:</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-left: 0.375in; text-indent: 0in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Business
    Conduct Policy&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
    &nbsp;</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-left: 0.375in; text-indent: 0in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-left: 0.375in; text-indent: 0in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="font-size: 10pt">Equal
    Opportunity and Inclusion Policy<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
    </FONT>&nbsp;</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-left: 0.375in; text-indent: 0in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-left: 0.375in; text-indent: 0in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Standards
    of Business Conduct &ndash; Investigation Standard&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
    &nbsp;</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-left: 0.375in; text-indent: 0in">&nbsp;</TD></TR>
</TABLE>
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<P STYLE="margin: 0"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="border-bottom: Black 1pt solid; border-top: Black 1pt solid; vertical-align: top; text-align: left"><TD STYLE="padding-top: 5pt; width: 80%"><FONT STYLE="font-size: 10pt">Current versions of approved documents are maintained online. Printed copies are uncontrolled.</FONT></TD><TD STYLE="padding-top: 5pt; width: 20%; text-align: right">Page 1 of 2&nbsp;</TD></TR></TABLE></DIV>
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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="padding-top: 3pt; vertical-align: top; font-size: 10pt; text-align: left; padding-bottom: 3pt"><FONT STYLE="font-size: 10pt"><IMG SRC="tm248693d1_ex99-1suncor.jpg" ALT="">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; padding-top: 3pt; font-size: 10pt; padding-bottom: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>POLICY
    GUIDANCE&nbsp;&amp; STANDARDS</I></B></FONT></TD>
    <TD STYLE="padding-top: 3pt; font-size: 10pt; padding-bottom: 3pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 3pt; width: 33%"><FONT STYLE="font-size: 10pt"><B>TRADE RELATIONS</B></FONT></TD>
    <TD STYLE="font-size: 10pt; width: 34%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; width: 33%"><FONT STYLE="font-size: 10pt"><B><I>Number : CO-057</I></B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt"><I>Date Developed: August&nbsp;26, 1993</I></FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt"><I>Revision Date: February&nbsp;6, 2021</I></FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt"><I>Last Reviewed: March&nbsp;10, 2025</I></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="padding-bottom: 3pt; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>Document
    Owner: <U>General Counsel</U></I></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; padding-top: 3pt; padding-bottom: 5pt; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>Document
    Contact: <U>Vice President Legal Affairs, Corporate</U></I></FONT></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B>SCOPE AND PURPOSE</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">This policy guidance&nbsp;&amp;
standard (PG&amp;S) applies to Suncor Energy Inc. and its subsidiaries world-wide (collectively &ldquo;Suncor&rdquo;). References in
this document to &ldquo;Suncor Personnel&rdquo; include members of the board of directors, officers, employees and independent contractors
(formerly referred to as contract workers) of Suncor. All Suncor Personnel must comply with this PG&amp;S.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">This PG&amp;S is
subject to and forms part of Suncor&rsquo;s Standards of Business Conduct Code and Compliance Program.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B>GUIDANCE&nbsp;&amp;
STANDARDS</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Suncor is committed
to complying with applicable laws respecting the restraint of trade and the preservation and promotion of competition (&ldquo;Competition
Law&rdquo;). In the course of procuring goods or services for Suncor, certain conduct can give rise to liability under Competition Law.
To ensure that potentially competitively sensitive conduct is evaluated ahead of time, Suncor Personnel must obtain the approval of Legal
Affairs before engaging in the conduct described below. That process will ensure that the potential risks are appropriately assessed
and safeguards are implemented as necessary.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0"><FONT STYLE="font-size: 10pt">The following standards
are to be observed:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: justify; width: 0"></TD><TD STYLE="text-align: justify; width: 0.5in"><FONT STYLE="font-size: 10pt">A.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">Prior
                                            to requiring any service company, service provider, vendor, supplier, contractor, consultant
                                            or any other third party engaged by the company, or its partners in projects, to purchase
                                            products and services from Suncor as a condition of the relationship, Suncor Personnel must
                                            obtain the approval of Legal Affairs. This requirement does not apply to crude oil or other
                                            product exchanges.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: justify; width: 0"></TD><TD STYLE="text-align: justify; width: 0.5in"><FONT STYLE="font-size: 10pt">B.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">Suncor
                                            should generally not be made a party to any group of purchasers that agrees to boycott a
                                            particular supplier or list of suppliers. Likewise, Suncor should generally not be party
                                            to any joint effort or agreement refusing to deal with a particular customer or list of customers.
                                            Any proposed conduct of that nature must be approved in advance by Legal Affairs.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">In addition to
other potential legal consequences, an individual who violates this PG&amp;S is subject to disciplinary action, which may include immediate
dismissal. Supervisors and managers are expected to promote a working environment consistent with this PG&amp;S and assist Suncor Personnel
within their supervision to understand and comply with this PG&amp;S.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             <TR STYLE="vertical-align: top; text-align: left">
<TD>&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD></TR>
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             </TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt; border-top: Black 1pt solid; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="padding-top: 5pt; width: 80%">Current versions of approved documents are maintained online. Printed copies are uncontrolled.</TD><TD STYLE="padding-top: 5pt; width: 20%; text-align: right">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --> of 2&nbsp;</TD></TR></TABLE></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><B>EXCEPTIONS</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">There are no exceptions
to this PG&amp;S.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><B>DEFINITIONS</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">References in this
PG&amp;S to <B>crude oil or other product exchanges </B>relate to the practice in the industry of &ldquo;borrowing&rdquo; product or
crude oil from other industry participants to meet supply obligations when the borrower is temporarily unable to satisfy such obligations.
Such borrowed product or crude oil is then &ldquo;repaid&rdquo; in kind or otherwise at a later date. In order to complete such transactions
it is necessary (i)&nbsp;to maintain detailed records of product or crude oil borrowed or lent, (ii)&nbsp;to require lenders, on certain
terms, to take back an equivalent amount of the product or crude oil borrowed, and (iii)&nbsp;to communicate certain relevant information
to the parties to such exchanges.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><B>REFERENCES TO
RELATED DOCUMENTS</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><B><I>Business
Conduct Policy Statement</I></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B><I>Business Conduct Code and Compliance
Program PG&amp;S</I></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B><I>Competition PG&amp;S</I></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B><I>Improper Payments PG&amp;S</I></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B><I>Trading Risk Management PG&amp;S</I></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">This document replaces
 &ldquo;Policy 302 Trade Relations&rdquo;.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 77; Options: NewSection; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-top: Black 1pt solid; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 50%">&nbsp;</TD><TD STYLE="width: 50%; text-align: right"></TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>TRADE RELATIONS</TD><TD STYLE="text-align: right">Last Reviewed: March 2025</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt; border-top: Black 1pt solid; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="padding-top: 5pt; width: 80%">Current versions of approved documents are maintained online. Printed copies are uncontrolled.</TD><TD STYLE="padding-top: 5pt; width: 20%; text-align: right">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --> of 5&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="padding-top: 3pt; font-size: 10pt; padding-bottom: 3pt"><IMG SRC="tm248693d1_ex99-1suncor.jpg" ALT=""></TD>
    <TD STYLE="text-align: center; padding-top: 3pt; font-size: 10pt; padding-bottom: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>POLICY
    GUIDANCE&nbsp;&amp; STANDARDS</I></B></FONT></TD>
    <TD STYLE="padding-top: 3pt; font-size: 10pt; padding-bottom: 3pt">&nbsp;</TD></TR>
  <TR>
    <TD COLSPAN="2" STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD COLSPAN="2" STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>TRADING BLACKOUTS
    FOR RESTRICTED PERSONS</B></FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>Number
    :&nbsp;&nbsp;CO-059</I></FONT></TD></TR>
  <TR>
    <TD COLSPAN="2" STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-size: 10pt; width: 33%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>Date Developed:&nbsp;&nbsp;October&nbsp;20,
    2003</I></FONT></TD>
    <TD STYLE="text-align: center; font-size: 10pt; width: 34%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>Revision
    Date: February&nbsp;20, 2024</I></FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: right; width: 33%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>Last
    Reviewed on: March 10, 2025</I></FONT></TD></TR>
  <TR>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD COLSPAN="3" STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>Document Owner:
    <U>General Counsel</U></I></FONT></TD></TR>
  <TR>
    <TD COLSPAN="3" STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR>
    <TD COLSPAN="3" STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>Document Contact:
    <U>Vice President Legal Affairs, Corporate </U></I></FONT></TD></TR>
<TR>
    <TD COLSPAN="3" STYLE="border-bottom: Black 1pt solid; font-size: 10pt">&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0; font-size: 10pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B>SCOPE AND PURPOSE</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">This policy guidance&nbsp;&amp;
standard (PG&amp;S) applies to Suncor Energy Inc. and its subsidiaries world-wide (collectively, &ldquo;Suncor&rdquo;). This PG&amp;S
must be complied with by all &ldquo;Restricted Persons&rdquo;, and forms a part of Suncor&rsquo;s Business Conduct Code and Compliance
Program for Restricted Persons.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">References in this
document to &ldquo;Suncor Personnel&rdquo; include members of the board of directors, officers, employees and independent contractors
(formerly referred to as contract workers) of Suncor. All Suncor Personnel, including Restricted Persons, are subject to Suncor PG&amp;S
No.&nbsp;CO-054, entitled, &ldquo;Disclosure of Material Information and Trading in Shares and Securities&rdquo;. Suncor&rsquo;s Trading
Blackouts for Restricted Persons PG&amp;S, described in this document, supplements and forms part of the Disclosure of Material Information
and Trading in Shares and Securities PG&amp;S for all Restricted Persons. Accordingly, failure to comply with the policies and procedures
set forth within this PG&amp;S will give rise to disciplinary action that could include dismissal.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">This document also
describes, in more detail than the Disclosure of Material Information and Trading in Shares and Securities PG&amp;S, the legal framework
in Canada for the regulation of misuse of material non-public information in trading in shares and securities (including &ldquo;tipping&rdquo;).
As a Suncor Restricted Person, it is incumbent upon you to familiarize yourself with the content of this document.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B>GUIDANCE&nbsp;&amp;
STANDARDS</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><B><U>Definition
of Restricted Persons</U></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">&ldquo;Restricted
Persons&rdquo; are comprised of the following Suncor Personnel:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: justify; width: 0.5in"></TD><TD STYLE="text-align: justify; width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">All
                                            members of the board of directors of Suncor or any of its &ldquo;major&rdquo; subsidiaries
                                            (as defined in Canadian securities legislation and identified by Corporate Legal).</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="text-align: justify; width: 0.5in"></TD><TD STYLE="text-align: justify; width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">All
                                            Executive Leadership Team Members.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="text-align: justify; width: 0.5in"></TD><TD STYLE="text-align: justify; width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">All
                                            Vice Presidents.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="text-align: justify; width: 0.5in"></TD><TD STYLE="text-align: justify; width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">All
                                            other persons who report directly to a member of the Executive Leadership Team.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="text-align: justify; width: 0.5in"></TD><TD STYLE="text-align: justify; width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">All
                                            other personnel designated as a &ldquo;Restricted Person&rdquo; from time to time by a member
                                            of the Executive Leadership Team, a Vice President, General Manager, or Employee of Suncor
                                            with the title of Director<B><I>.</I></B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 78; Options: NewSection; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-top: Black 1pt solid; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 50%">&nbsp;</TD><TD STYLE="width: 50%; text-align: right"></TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>TRADING BLACKOUTS FOR RESTRICTED PERSONS</TD><TD STYLE="text-align: right">Last Reviewed: March 2025</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt; border-top: Black 1pt solid; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="padding-top: 5pt; width: 80%">Current versions of approved documents are maintained online. Printed copies are uncontrolled.</TD><TD STYLE="padding-top: 5pt; width: 20%; text-align: right">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --> of 5&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><B><U>Criteria
for designating other Restricted Persons</U></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Certain Suncor
personnel who have access to information about Suncor&rsquo;s quarterly results in advance of the market, by virtue of their positions
and need to know, will also be designated as &ldquo;Restricted Persons&rdquo; who are subject to this PG&amp;S. Generally, this will
comprise individuals in the finance function involved in the <B><I>preparation or review of financial statements and management&rsquo;s
discussion and analysis,</I></B> and other <B><I>individuals who, on a need to know basis, receive advance information about financial
results</I></B>. It is the responsibility of <U>Vice Presidents (including Senior and Executive Vice Presidents where applicable), General
Managers and Employees of Suncor with the title of Director</U> to identify individuals who meet the foregoing criteria and to inform
the office of the Corporate Secretary of the name and position of these individuals. The Corporate Secretary&rsquo;s office will inform
the designated individuals, via email, that they have been so designated, and also inform them of their obligations under this PG&amp;S.
A list of Restricted Persons will be retained by the Corporate Secretary.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><B><U>Trading Blackout
Policy: Restricted Persons</U></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Restricted Persons
are prohibited from engaging in transactions in Suncor securities during four annual scheduled blackout periods. The blackout periods
commence on the first day of the month following each quarter end, including year-end, and continue until the opening of trading on the
second trading day following release of Suncor&rsquo;s financial results to the news media. For scheduled blackout periods, refer to
the Trading Blackout Calendar which is published annually by the Corporate Secretary&rsquo;s Office and forms part of this document.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">You are not permitted
to undertake any transactions in securities<SUP>1</SUP> of Suncor during a blackout period. &ldquo;Transactions&rdquo; include virtually
all dealings in your Suncor securities. Therefore, routine transactions, such as purchases and sales of common shares of Suncor (&ldquo;Common
Shares&rdquo;), exercises of options, elections to change participation levels under the Stock Fund (whereby you purchase Common Shares)
of the Suncor Savings Plan, and cash transfers to and from the Stock Fund, are all &ldquo;transactions&rdquo; prohibited during blackout
periods. Transfers to trusts and other changes in the nature of your ownership -- for example, from direct to indirect<SUP>2</SUP> --
even if there is no net change -- are also &ldquo;transactions&rdquo;. <B>A request for withdrawal of Common Shares from the Stock Fund
for issuance of a certificate in your own name is the only transaction that is permissible during a blackout period.</B><SUP>3</SUP>
Finally, you are reminded that a &ldquo;transaction&rdquo; includes not only your own personal transactions, but also transactions in
Suncor securities which you beneficially own<SUP>4</SUP> or over which you exercise control or direction <SUP>5</SUP>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0"></P>

<!-- Field: Rule-Page --><DIV STYLE="text-align: justify; margin-top: 0; margin-bottom: 0; width: 25%"><DIV STYLE="border-top: Black 1pt solid; text-align: justify; font-size: 1pt">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0"></P>





<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: justify; width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">Suncor securities include Common Shares (including Common Shares represented by instalment receipts), options, bonds, debentures, notes
and similar debt and/or equity instruments and rights to acquire them, issued by Suncor. Therefore, "Suncor Securities" include, among
others, Common Shares held in your Suncor Savings Plan Stock Fund / Petro-Canada Capital Accumulation Plan, Common Shares held through
a broker or in an RRSP, your options, Stock Appreciation Rights, Restricted Share Units, Performance Share Units or Deferred Share Units
under any of Suncor&rsquo;s incentive plans (or legacy Petro-Canada&rsquo;s inventive plans) and any securities acquired through participation
in a Suncor dividend reinvestment plan. Please note that limited appreciation rights ("LARs") are not considered separate securities from
stock options, and therefore, the award and exercise of LARs is not required to be disclosed.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="text-align: justify">&nbsp;</TD><TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">2</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">For
                                            example, transferring Common Shares to your RRSP.</FONT></TD>
</TR>
<TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="text-align: justify">&nbsp;</TD><TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">3</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">Reporting insiders should note, however, that the issuance to you of a certificate for your Stock Fund Common Shares, as a change in the
nature of ownership of securities, is reportable to the regulatory authorities on an insider report.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="text-align: justify">&nbsp;</TD><TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">You beneficially own securities if you are entitled to all or part of the economic benefit of the securities. You are also considered
to be the beneficial owner of securities owned by a company you control (by owning more than 50% of the voting shares), or by your trustee,
legal representative, agent or other intermediary.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="text-align: justify">&nbsp;</TD><TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">5</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">"Control or direction" generally means that you have by contract, operation of law or other express or implied arrangement, the power
to make voting or investment decisions, alone or with others, in respect of securities. For example, if you have discretionary authority
over your spouse's brokerage account, you exercise control or direction over securities in that account.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 79; Options: NewSection; Value: 3 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-top: Black 1pt solid; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 50%">&nbsp;</TD><TD STYLE="width: 50%; text-align: right"></TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>TRADING BLACKOUTS FOR RESTRICTED PERSONS</TD><TD STYLE="text-align: right">Last Reviewed: March 2025</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt; border-top: Black 1pt solid; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="padding-top: 5pt; width: 80%">Current versions of approved documents are maintained online. Printed copies are uncontrolled.</TD><TD STYLE="padding-top: 5pt; width: 20%; text-align: right">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence --> of 5&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">In addition to
the blackout periods, Suncor will continue to impose trading bans outside blackout periods where non-public material information exists.
The trading bans will generally be imposed on all Reporting Insiders (refer to the &ldquo;Reporting Insiders&rdquo; PG&amp;S), regardless
of whether they have actual knowledge of the material information giving rise to the ban. Trading bans will also be imposed on all other
Suncor personnel with knowledge of the non-public material information. If you receive notice of such a ban, you must strictly comply
regardless of whether you know why the ban has been imposed, and you <B>must not disclose to any other person the fact that such a ban
has been imposed without the consent of the General Counsel.</B> The imposition of an ad hoc trading ban is highly sensitive information
which, if leaked, could cause significant harm to Suncor. Notice of a trading ban is generally communicated by email to your Suncor email
account, or verbally followed up by email notification.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Restricted Persons
shall be deemed to have knowledge of any trading bans imposed by Suncor whether or not they have actually read their email notification.
Restricted Persons are therefore required to ascertain whether a trading ban is in place prior to undertaking any transactions in securities
of Suncor at times when you do not have access to your email, such as when you are on vacation (see the second paragraph above for the
scope of &ldquo;transactions&rdquo;). In ascertaining whether a trading ban is in effect, Restricted Persons should first consult their
internal company e-mail for any notices concerning trading bans. If Restricted Persons remain uncertain whether or not a trading ban
is in effect they should contact the General Counsel&rsquo;s Office. The following persons at the General Counsel&rsquo;s Office may
be contacted in this regard:</FONT></P>

<P STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; padding-left: 0.25in; width: 80%"><FONT STYLE="font-size: 10pt">Shawn Poirier <BR>
    Vice President Legal Affairs, Corporate</FONT></TD>
    <TD STYLE="text-align: left; width: 20%; vertical-align: bottom"><FONT STYLE="font-size: 10pt">(403) 296-6618 &nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; padding-left: 0.25in; font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; padding-left: 0.25in"><FONT STYLE="font-size: 10pt">Leah Reimer <BR>
    Paralegal &ndash; Corporate International &nbsp;</FONT></TD>
    <TD STYLE="text-align: left; vertical-align: bottom"><FONT STYLE="font-size: 10pt">(403) 296-6620</FONT></TD></TR>
  </TABLE>

<P STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"><FONT STYLE="font-size: 10pt"><B><U>Trading Prohibitions</U></B></FONT></P>

<P STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">The remainder of
this document is devoted to describing the securities laws in respect of unlawful trading and tipping. While these laws apply to a much
wider group than Restricted Persons, it is important that Restricted Persons, due to their ongoing involvement with and knowledge of
sensitive matters, have a high level of appreciation for them.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">The Suncor <I>Disclosure
of Material Information and Trading in Shares and Securities PG&amp;S</I> prohibits Suncor Personnel from misuse of confidential information
in relation to trading in shares and other securities of Suncor and other companies with whom Suncor may become involved, and from &ldquo;tipping&rdquo;
others. Violators of that PG&amp;S may also find themselves in violation of securities laws, which expressly prohibit purchasing or selling
securities while in the possession of material non-public information, and &ldquo;tipping&rdquo;. Severe civil and criminal penalties
may be imposed upon violators. In addition, even the appearance of misuse of confidential information may be extremely damaging to the
reputation of Suncor and its directors and senior officers.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">In Canada, any
person in a &ldquo;special relationship&rdquo; with Suncor is prohibited from buying or selling any securities of Suncor with knowledge
of any non-public material fact or material change about Suncor. In addition to the prohibition relating to trading with non-public material
information, those in a special relationship with Suncor are also prohibited from informing <B>anyone</B> of an undisclosed material
fact or material change with respect to Suncor unless it is in the necessary course of Suncor&rsquo;s business to do so.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 80; Value: 3 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-top: Black 1pt solid; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 50%">&nbsp;</TD><TD STYLE="width: 50%; text-align: right"></TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>TRADING BLACKOUTS FOR RESTRICTED PERSONS</TD><TD STYLE="text-align: right">Last Reviewed: March 2025</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt; border-top: Black 1pt solid; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="padding-top: 5pt; width: 80%">Current versions of approved documents are maintained online. Printed copies are uncontrolled.</TD><TD STYLE="padding-top: 5pt; width: 20%; text-align: right">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->4<!-- Field: /Sequence --> of 5&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Restricted Persons
of Suncor are always in a special relationship with Suncor. Those in a &ldquo;special relationship&rdquo; with Suncor also include:</FONT></P>

<P STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: left; width: 0.5in"></TD><TD STYLE="text-align: left; width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">all
                                            employees of Suncor and its subsidiaries and joint ventures;</FONT></TD></TR></TABLE>

<P STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: left; width: 0.5in"></TD><TD STYLE="text-align: left; width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">professional
                                            advisors to the foregoing entities, including legal, accounting, engineering, financial and
                                            other advisors; and</FONT></TD></TR></TABLE>

<P STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: left; width: 0.5in"></TD><TD STYLE="text-align: left; width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;tippees&rdquo;
                                            (i.e., persons or companies that learn of a non-public material fact or material change through
                                            a source, including another tippee, that the person or company knows, or ought reasonably
                                            to have known, is in a special relationship with Suncor).</FONT></TD></TR></TABLE>

<P STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">&ldquo;Non-public
information&rdquo; is information that has not yet been disclosed to the public by a press release available to a major news service,
a public filing with a regulatory agency or materials otherwise made available to the public. Confidential analyses, financial information,
business data and plans of Suncor, as well as information received from a customer or third party with the expectation that it will be
kept confidential and used solely for business purposes, would be considered non-public information.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">The terms &ldquo;material
fact&rdquo; and &ldquo;material change&rdquo; generally mean information that significantly affects or would reasonably be expected to
have a significant effect on the market price or value of securities. In other words, any information whose disclosure would be likely
to affect the market price of a security is material in relation to the security. Therefore, non-public information about Suncor is generally
considered to be &ldquo;material&rdquo;<SUP>6</SUP> if there is a substantial likelihood that a reasonable investor would consider the
information important in deciding whether to purchase, sell, or hold a Suncor security, or what value the investor would ascribe to the
Suncor security.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Information may
be material even if it relates to speculative or contingent events. Whether information is material depends on the circumstances and
often requires that a judgement be made on the best information available at the time. If trading by any Suncor personnel, including
a Restricted Person, becomes the subject of scrutiny, securities regulators, the public and others will determine what is &ldquo;material&rdquo;
after the fact, and with the clarity of 20/20 hindsight<B>.</B> At Suncor, the Material Information Committee is charged with making
a judgement as to materiality of any non-public fact or change affecting Suncor.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">There is a statutory
exception to the prohibition against trading with non-public material information. The exception is for purchases and sales made pursuant
to participation in an automatic share purchase or a similar automatic plan, such as through the Stock Fund under the Savings Plan /
CAP, that was entered into prior to a person&rsquo;s acquisition of knowledge of a non-public material fact or material change. However,
any changes, such as changes to participation levels or sales, initiated by a person with knowledge of non-public material information,
will fall outside this narrow statutory exemption.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0"></P>

<!-- Field: Rule-Page --><DIV STYLE="text-align: justify; margin-top: 0; margin-bottom: 0; width: 25%"><DIV STYLE="border-top: Black 1pt solid; text-align: justify; font-size: 1pt">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="text-align: justify; width: 0in"></TD><TD STYLE="width: 0.25in; text-align: justify">6</TD><TD STYLE="text-align: justify">Information about the following subjects is often material: dividend increases or decreases; earnings or earnings estimates; changes in
previously released earnings or earnings estimates; write downs of assets; revisions to reserve and production information; additions
to reserves for bad debts; expansion or curtailment of operations; litigation; liquidity problems; major personnel changes; contests for
corporate control; anticipated public offerings of securities; changes in ratings of debt securities; proposed transactions such as takeover
bids, leveraged buy-outs, acquisitions, mergers, recapitalizations, restructurings, refinancings or purchases or sales of assets; and
unannounced government, regulatory or court actions that are likely to have an effect on Suncor. The foregoing list is not exhaustive
of the type of information that may be material.</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 81; Value: 3 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-top: Black 1pt solid; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 50%">&nbsp;</TD><TD STYLE="width: 50%; text-align: right"></TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>TRADING BLACKOUTS FOR RESTRICTED PERSONS</TD><TD STYLE="text-align: right">Last Reviewed: March 2025</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt; border-top: Black 1pt solid; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="padding-top: 5pt; width: 80%">Current versions of approved documents are maintained online. Printed copies are uncontrolled.</TD><TD STYLE="padding-top: 5pt; width: 20%; text-align: right">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->5<!-- Field: /Sequence --> of 5&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">With respect to
securities of other companies, if a Restricted Person possesses material non-public information about that other company, he or she should
refrain from trading until after such information has been released to the public and the stock market has had an opportunity to absorb
it. As a conservative guideline, Suncor personnel should not trade until the second trading day after such information has been released.</FONT></P>

<P STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Suncor&rsquo;s
<I>Disclosure of Material Information&nbsp;&amp; Trading in Shares and Securities PG&amp;S</I> also prohibits all Suncor personnel from:</FONT></P>

<P STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: left; width: 0.25in"></TD><TD STYLE="text-align: left; width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">knowingly
                                            selling a Suncor share on a &ldquo;short&rdquo; basis<SUP>7</SUP>, i.e., selling Suncor shares
                                            that are not owned at the time of sale; or</FONT></TD></TR></TABLE>

<P STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: left; width: 0.25in"></TD><TD STYLE="text-align: left; width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">buying
                                            a &ldquo;put&rdquo; option or selling a &ldquo;call&rdquo; option in respect of a Suncor
                                            share.</FONT></TD></TR></TABLE>

<P STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B>EXCEPTIONS</B></FONT></P>

<P STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">This PG&amp;S relates
only to Suncor Personnel who are &ldquo;Restricted Persons&rdquo; as defined in this document.</FONT></P>

<P STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B>REFERENCES TO RELATED
DOCUMENTS</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"><FONT STYLE="font-size: 10pt"><B><I>Disclosure of
Material Information and Trading in Shares and Securities PG&amp;S</I></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"><FONT STYLE="font-size: 10pt"><B><I>Conflict of
Interest PG&amp;S</I></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"><FONT STYLE="font-size: 10pt"><B><I>Communications
to the Public PG&amp;S</I></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"><FONT STYLE="font-size: 10pt"><B><I>Business Conduct
Policy Statement</I></B></FONT></P>

<P STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B><I>Business Conduct
Compliance Program PG&amp;S</I></B></FONT></P>

<P STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B><I>Reporting Insiders
PG&amp;S</I></B></FONT></P>

<P STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B><I>Trading Blackout
Calendar for Restricted Persons Standard</I></B></FONT></P>

<P STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B>KEY WORDS</B></FONT></P>

<P STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0"><FONT STYLE="font-size: 10pt">Integrity, code
of conduct, sign-off, standards, shares, securities, tipping, blackout, trading, disclosure, board, investigation, insider, reporting
insider, trading</FONT></P>

<P STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Rule-Page --><DIV STYLE="text-align: left; margin-top: 0; margin-bottom: 0; width: 25%"><DIV STYLE="text-align: left; font-size: 1pt; border-top: Black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: left">
<TD STYLE="text-align: left; width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left">7</TD><TD STYLE="text-align: left">An exception
                                            is available for utilizing the "cashless exercise" program for Suncor Stock Options. Refer
                                            to the Suncor <I>Disclosure of Material Information and Trading in Shares and Securities
                                            PG&amp;S</I> for details of this exception.</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 82; Options: Last -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-top: Black 1pt solid; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 50%">&nbsp;</TD><TD STYLE="width: 50%; text-align: right"></TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>TRADING BLACKOUTS FOR RESTRICTED PERSONS</TD><TD STYLE="text-align: right">Last Reviewed: March 2025</TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


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