Cenovus Energy (CVE) F-10Registration of securities (Canada)

There are being registered under the Registration Statement to which this exhibit pertains (this “Registration Statement”) such indeterminate number of debt securities, common shares, preferred shares, subscription receipts, warrants, share purchase contracts and units of Cenovus Energy Inc. (the “Registrant”) as shall have an aggregate initial offering price not to exceed US$5,000,000,000 (or its equivalent in any other currency used to denominate the securities). See Table 3.

Estimated solely for the purpose of calculating the amount of the registration fee pursuant to Rule 457(o) under the Securities Act of 1933.

Pursuant to Rule 429 under the Securities Act, the prospectus included in this Registration Statement, to which this exhibit is attached, is a combined prospectus relating to this Registration Statement and to the registration statement on Form F-10 (File No. 333-233702), which became effective on October 7, 2021 (the “Prior Registration Statement”), relating to such indeterminate number of debt securities, common shares, preferred shares, subscription receipts, warrants, share purchase contracts and units of the Registrant as shall have an aggregate initial offering price not to exceed US$5,000,000,000, of which $4,938,089,101 remains unsold under the Prior Registration Statement. This Registration Statement combines the remaining $4,938,089,101 of unsold securities from the Prior Registration Statement with an additional $61,910,899 of unallocated (universal) shelf to enable an aggregate $5,000,000,000 of securities to be offered pursuant to the combined prospectus. No separate registration fee is payable with respect to the $4,938,089,101 of unsold securities which were previously registered on the Prior Registration Statement.