Cation Capital Releases New Presentation: Our Nominees Bring Urgently Needed Change to Crescent Point Board

Cation Capital Inc. (together with its affiliates and associates, “Cation Capital” or “Cation”), a private investment firm, today announced that it had released a new presentation at www.FixCPG.com for shareholders of Crescent Point Energy Corp (TSX/NYSE: CPG) (“Crescent Point”) in connection with Crescent Point’s 2018 Annual General Meeting of Shareholders to be held on May 4, 2018. Shareholders of record as of March 22, 2018, are entitled to vote at this meeting.

Cation’s presentation details why shareholders urgently require change at Crescent Point, the failure of leadership that has led to significant value destruction at the company, and how Cation nominees, once elected to the Crescent Point board, will work constructively to take immediate steps to unlock shareholder value and restore market confidence in the company.

Sandy L. Edmonstone, President of Cation Capital, said:

“Crescent Point continues to blame the company’s results and performance on external factors, outside its control. Yet, leadership and governance issues – as evidenced by an opaque, flawed ‘5-year plan’, erratic dividends, unexpected equity offerings, questionable compensation plans, and more – have decimated the company’s share price and historical valuation premium. If Crescent Point’s directors can’t recognize the issues facing the company, even after repeated ‘renewals’, how can shareholders expect them to solve it?

“Working constructively with other Crescent Point board members and management, Cation’s director nominees are committed to immediately addressing the company’s challenges and unlocking value for all shareholders. We are confident that this can happen given the fact that Cation’s nominees bring a combined 70+ years of public company board experience, industry expertise, true independence and meaningful ownership. Given the fact that the six most recent appointees and nominee to Crescent Point’s board had less than one-year aggregate prior experience, it is undeniable that they are unprepared to guide management and demand accountability.

“Cation’s motivation for this election is to ensure that the Crescent Point board, as a whole, is better prepared to lead the company, ensure that the status quo does not persist, and take immediate actions to rebuild and strengthen the company. Like all shareholders, Cation’s nominees believe in Crescent Point, its assets and people, and are eager to help the company regain the market’s confidence and create long-term sustainable value.”

Cation Capital urges shareholders: don’t let the incumbent Crescent Point board continue to fail you. Vote for the Cation nominees – Dallas Howe, Herbert Pinder, Thomas Budd and Sandy Edmonstone – on your BLUE proxy or BLUE VIF by 5:00 p.m. (Calgary time) on Tuesday, May 1, 2018.

Shareholders are also encouraged to visit www.FixCPG.com to learn more about how the right people and right plan can create long-term value for all. A copy of Cation Capital’s information circular is also available on Crescent Point Energy Corp’s SEDAR profile at www.sedar.com.

Shareholders with questions about voting their shares or for other questions or assistance, please contact Cation’s strategic shareholder advisor and proxy solicitor, D.F. King, at 1-800-835-0437 toll-free in North America, or 1-201-806-7301 outside of North America (collect calls accepted), or by e-mail at inquiries@dfking.com.

About Cation Capital Inc.

Cation Capital Inc., together with its affiliates and associates, is a private investment firm headquartered in Alberta, Canada. Cation invests in situations where it is able to influence operational, financial and strategic direction. Cation seeks value in companies that are experiencing financial or operational challenges, are in out of favour sectors or are otherwise in need of change to drive significant long-term value for stakeholders.

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