550 Burrard Street Headquartered in Vancouver, Canada, its shares are listed on the Toronto Stock Exchange under the symbols TECK.A and TECK.B and the New York Stock Exchange under the symbol TECK. Canada V6C 0B3 All statements other than statements of historical fact are forward-looking statements, and forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Teck expects its 2020 share of Fort Hills production will be reduced to approximately 8 to 9 million barrels of bitumen, which will significantly reduce variable costs. Headquartered in Vancouver, Canada, its shares are listed on the Toronto Stock Exchange under the symbols TECK.A and TECK.B and the New York Stock Exchange under the symbol TECK. Work is ongoing to assess opportunities to reduce or defer capital spending on the project in the context of the new plan. Further information concerning risks and uncertainties associated with these forward-looking statements and our business can be found in our Annual Information Form for the year ended December 31, 2019, filed under our profile on SEDAR (www.sedar.com) and on EDGAR (www.sec.gov) under cover of Form 40-F, as well as subsequent filings that can also be found under our profile. Production will likely reach up to approximately 120,000 barrels per day by the end of the current year.The company has tightened Fort Hills’ production guidance for the current year to approximately 105,000-115,000 barrels per day from the prior estimate of 100,000-120,000 barrels per day. — Photo courtesy Fort Hills/Suncor. Operating costs were reported at $29.42 per barrel of bitumen. Production will likely reach up to approximately 120,000 barrels per day by the end of the current year. We previously announced a reduction in our 2020 capital spending in our Energy business unit to $85 million from $175 million and this remains unchanged. Investor Contact: email@example.com, Teck Named to Forbes World’s Top Employers List, Teck’s Q3 2020 Financial Results and Investors’ Conference Call October 27, 2020, Teck Announces Vice President Appointments, Suite 3300, Bentall 5 We assume no obligation to update forward-looking statements except as required under securities laws. Announces That a Class Action Lawsuit Has Been Filed Against First American Financial Corporation and Encourages Investors to Contact the Firm, In Pics: Rana Daggubati and Miheeka Bajaj's Dussehra Celebrations with family, Itchy Dog? However, unit costs for the remaining production will be higher as a result of fixed costs being covered by lower volumes.