1815040000rxp:Royaltiescountry:CAsnj:CA-ABsu:GovernmentOfAlbertaMembersu:SyncrudeMember9550000rxp:Feescountry:CAsnj:CA-ABsu:GovernmentOfAlbertaMembersu:SyncrudeMember69570000rxp:Taxescountry:CAsnj:CA-ABsu:RegionalMunicipalityOfWoodBuffaloMembersu:SyncrudeMember120000rxp:Taxescountry:CAsnj:CA-ABsu:FortMckayFirstNationMembersu:SyncrudeMember650000rxp:Feescountry:CAsnj:CA-ABsu:FortMckayFirstNationMembersu:SyncrudeMember2930000rxp:Feescountry:CAsnj:CA-ABsu:McfnCommunityTrustMembersu:SyncrudeMember390000rxp:Bonusescountry:CAsnj:CA-ABsu:UniversityOfAlbertaMembersu:SyncrudeMember100000rxp:Feescountry:CAsnj:CA-ABsu:ChipewyanPrairieFirstNationIrcMembersu:SyncrudeMember300000rxp:Feescountry:CAsnj:CA-ABsu:MikisewCreeFirstNationGirMembersu:SyncrudeMember110000rxp:Feescountry:CAsnj:CA-ABsu:FortMckayMetisNationScMembersu:SyncrudeMember550000rxp:Feescountry:CAsnj:CA-ABsu:FortMcmurrayMetisLocal1935Membersu:SyncrudeMember400000rxp:Feescountry:CAsnj:CA-ABsu:AthabascaChipewyanFirstNationMembersu:SyncrudeMember190000rxp:Feescountry:CAsnj:CA-ABsu:FortMcmurray486FirstNationMembersu:SyncrudeMember

Exhibit 2.02

Extractive Sector Transparency Measures Act - Annual Report

Graphic

Reporting Entity Name

Suncor Energy (Syncrude) Operating Inc.

Reporting Year

From

1/1/2024

To:

12/31/2024

Date submitted

8/7/2025

Reporting Entity ESTMA Identification Number

E814415

Original Submission

Report Version

Amended Report

2

Other Subsidiaries Included
(optional field)

Not Consolidated

Not Substituted

Attestation by Reporting Entity

In accordance with the requirements of the ESTMA, and in particular section 9 thereof, I attest I have reviewed the information contained in the ESTMA report for the entity(ies) listed above. Based on my knowledge, and having exercised reasonable diligence, the information in the ESTMA report is true, accurate and complete in all material respects for the purposes of the Act, for the reporting year listed above.

Full Name of Director or Officer of Reporting Entity

Kris Smith

Date

7/28/2025

Position Title

Chief Financial Officer

Extractive Sector Transparency Measures Act - Annual Report

Reporting Year

From:

1/1/2024

To:

12/31/2024

 

  

 

Reporting Entity Name

Suncor Energy (Syncrude) Operating Inc.

Currency of the Report

CAD

 

Reporting Entity ESTMA Identification Number

E814415

 

 

Subsidiary Reporting Entities (if necessary)

 

 

 

 

 

 

Payments by Payee

Country

Payee Name1

Departments, Agency, etc… within Payee that Received Payments2

Taxes

Royalties

Fees

Production Entitlements

Bonuses

Dividends

Infrastructure Improvement Payments

Total Amount paid to Payee

Notes34

Canada -Alberta

Government of Alberta

1,815,040,000

9,550,000

1,824,590,000

Canada -Alberta

Regional Municipality of Wood Buffalo

69,570,000

69,570,000

 

Canada -Alberta

Fort McKay First Nation

120,000

650,000

770,000

 

Canada -Alberta

MCFN Community Trust

2,930,000

2,930,000

Canada -Alberta

UNIVERSITY OF ALBERTA

390,000

390,000

Canada -Alberta

CHIPEWYAN PRAIRIE FIRST NATION IRC

100,000

100,000

 

Canada -Alberta

MIKISEW CREE FIRST NATION GIR

300,000

300,000

 

Canada -Alberta

FORT MCKAY MÉTIS NATION SC

110,000

110,000

 

Canada -Alberta

FORT MCMURRAY METIS LOCAL 1935

550,000

550,000

Canada -Alberta

ATHABASCA CHIPEWYAN FIRST NATION

400,000

400,000

 

Canada -Alberta

FORT MCMURRAY 486 FIRST NATION

190,000

190,000

 

Additional Notes:

- All payments are reported in Canadian dollars.

- All amounts have been rounded to the nearest $10,000 CAD.

- The report has been amended to correct the Payee from “Fort Mckay Metis Nation SC" to “Athabasca Chipewyan First Nation.” The payment amount remains the same.

1 Enter the proper name of the Payee receiving the money (i.e. the municipality of x, the province of y, national government of z).

2 Optional field.

3 When payments are made in-kind, the notes field must highlight which payment includes in-kind contributions and the method for calculating the value of the payment.

4 Any payments made in currencies other than the report currency must be identified. The Reporting Entity may use the Additional notes row or the Notes column to identify any payments that are converted, along with the exchange rate and primary method used for currency conversions.

Extractive Sector Transparency Measures Act - Annual Report

Reporting Year

From:

1/1/2024

To:

12/31/2024

 

 

 

 

 

 

Reporting Entity Name

Suncor Energy (Syncrude) Operating Inc.

Currency of the Report

CAD

 

 

Reporting Entity ESTMA Identification Number

E814415

 

 

 

 

Subsidiary Reporting Entities (if necessary)

 

 

 

 

 

Payments by Project

Country

Project Name1

Taxes

Royalties

Fees

Production Entitlements

Bonuses

Dividends

Infrastructure Improvement Payments

Total Amount paid by Project

Notes23

Canada -Alberta

Syncrude Project

69,690,000

1,815,040,000

14,780,000

-

390,000

-

-

1,899,900,000

Additional Notes3:

- All payments are reported in Canadian dollars.

- All amounts have been rounded to the nearest $10,000 CAD.

- The report has been amended to correct the Payee from “Fort Mckay Metis Nation SC” to “Athabasca Chipewyan First Nation.” The payment amount remains the same.

1 Enter the project that the payment is attributed to. Some payments may not be attributable to a specific project, and do not need to be disclosed in the "Payments by Project" table.

2 When payments are made in-kind, the notes field must highlight which payment includes in-kind contributions and the method for calculating the value of the payment.

3 Any payments made in currencies other than the report currency must be identified. The Reporting Entity may use the "Additional Notes" row or the "Notes" column to identify any payments that are converted, along with the exchange rate and primary method used for currency conversions.