Exhibit 99.3
Extractive Sector Transparency Measures Act - Annual Report |
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Reporting Entity Name | Syncrude Canada Ltd | ||||||
Reporting Year | From | 1/1/2023 | To: | 12/31/2023 | Date submitted | 5/28/2024 | |
Reporting Entity ESTMA Identification Number | E953333 | ◉ Original Submission | | | |||
○ Amended Report | | | |||||
Other Subsidiaries Included | | ||||||
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For Consolidated Reports - Subsidiary Reporting Entities Included in Report: | | | |||||
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Not Substituted | | | | | |||
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Attestation by Reporting Entity | | | | | | | |
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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. | | ||||||
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Full Name of Director or Officer of Reporting Entity | Kris Smith | Date | 5/27/2024 | | |||
Position Title | Chief Financial Officer | | |||||
Extractive Sector Transparency Measures Act - Annual Report | ||||||||||||
Reporting Year | From: | 1/1/2023 | To: | 12/31/2023 |
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Reporting Entity Name | Syncrude Canada Ltd | Currency of the Report | CAD |
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Reporting Entity ESTMA Identification Number | E953333 |
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Subsidiary Reporting Entities (if necessary) |
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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 | Province of Alberta | 1,235,830,000 | 12,590,000 | 760,000 | 1,249,180,000 | Bonus payments include social payments expressly required in a legal agreement. | ||||||
Canada -Alberta | Municipality of Wood Buffalo | 59,070,000 | 59,070,000 |
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Canada -Alberta | Fort McKay First Nation | 110,000 | 1,160,000 | 1,270,000 |
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Canada -Alberta | Athabasca Chipewyan First Nation | 330,000 | 330,000 |
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Canada -Alberta | Fort McKay Metis Community Association | 100,000 | 100,000 |
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Canada -Alberta | Fort McMurray 468 First Nation | 130,000 | 130,000 |
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Canada -Alberta | Mikisew Cree First Nation | 2,580,000 | 2,580,000 |
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Canada -Alberta | Chipewyan Prairie Dene First Nation | 100,000 | 100,000 |
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Additional Notes: | All payments are reported in Canadian dollars. | |
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: | 1/1/2023 | To: | 12/31/2023 |
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Reporting Entity Name | Syncrude Canada Ltd | Currency of the Report | CAD |
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Reporting Entity ESTMA Identification Number | E953333 |
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Subsidiary Reporting Entities (if necessary) |
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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 | 59,180,000 | 1,235,830,000 | 16,990,000 | - | 760,000 | - | - | 1,312,760,000 |
Additional Notes3: | All payments are reported in Canadian dollars. | |
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. | ||