STANDARD ANNOUNCES FULL DIVESTMENT OF SHARE OWNERSHIP IN SUNCOR ENERGY INC.

Commenting on the disposal, Thomas Gouttman, President and CEO of Standard, said:

"We are impressed by Suncor's progress and trajectory, in particular under the superb leadership of Rich Kruger, whose nomination last year we actively supported. We look forward to staying engaged with its other shareholders, and will closely monitor the company's evolution in a stabilized operating environment."

About Standard

Standard manages its founding family's shareholdings, overseeing a concentrated portfolio of investments in energy, pharmaceutical, industrial and technology companies across Western Europe and Canada primarily.

www.strd.fr

About Suncor Energy Inc.

Suncor Energy is an integrated energy company. The Company explores and develops petroleum resource basins, including oil sands development and upgrading, onshore and offshore oil and gas production, petroleum refining, and product marketing. Suncor Energy conducts its business in the United States, United Kingdom, and Canada.

www.suncor.com

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