EX-99.3 4 su-20231231xex99d3.htm EX-99.3

Exhibit 99.3

Extractive Sector Transparency Measures Act - Annual Report

Graphic

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
(optional field)

For Consolidated Reports - Subsidiary Reporting Entities Included in Report:

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

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

 

 

 

 

Reporting Entity Name

Syncrude Canada Ltd

Currency of the Report

CAD

 

Reporting Entity ESTMA Identification Number

E953333

 

 

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

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

 

Canada -Alberta

Fort McKay First Nation

110,000

1,160,000

1,270,000

 

Canada -Alberta

Athabasca Chipewyan First Nation

330,000

330,000

 

Canada -Alberta

Fort McKay Metis Community Association

100,000

100,000

 

Canada -Alberta

Fort McMurray 468 First Nation

130,000

130,000

 

Canada -Alberta

Mikisew Cree First Nation

2,580,000

2,580,000

 

Canada -Alberta

Chipewyan Prairie Dene First Nation

100,000

100,000

 

Additional Notes:

All payments are reported in Canadian dollars.
All amounts have been rounded to the nearest $10,000 CAD

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

 

 

 

 

 

 

Reporting Entity Name

Syncrude Canada Ltd

Currency of the Report

CAD

 

 

Reporting Entity ESTMA Identification Number

E953333

 

 

 

 

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

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

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.