U.K. Tax Disclosure

In accordance with the tax laws of the United Kingdom, multinational companies with a U.K. presence and consolidated assets in excess of £2 billon must provide certain tax information relating to the governance of tax risks in respect of its U.K. activities.

Disclosure

Encana Corporation is a taxable Canadian company, with a December 31 fiscal year end, and its common shares are listed on the Toronto and New York stock exchanges.

Encana (U.K.) Holdings Limited is a directly held, wholly owned subsidiary of Encana Corporation and it became an inactive company following the 2004 sale of its operating subsidiary, Encana U.K. Limited. Encana (U.K.) Holdings Limited is in the process of being liquidated.

Encana Corporation’s tax strategy in respect of Encana (U.K.) Holdings Limited is to timely comply with its remaining tax filing obligations associated with the final liquidation of the subsidiary company. Encana Corporation and its U.K. subsidiary will cooperate with Her Majesty’s Revenue and Customs and provide information and documentation requested by the U.K. tax authorities to ensure compliance with its remaining U.K. filing obligations.

ECA stock price

TSX $16.31 Can 0.1

NYSE $12.62 USD 0.14

As of 2018-09-19T16:00:00. Minimum 15 minute delay