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SAM SAMPLE C9999999999 *C9999999999* IND PR4 *C9999999999* Appointment of Proxyholder I/We, being the holder of secured debt (the “Secured Debtholder”) of Pengrowth OR Print the name of the person Energy Corporation (the “Corporation”), hereby appoint: Peter D. Sametz, you are appointing if this person President, Chief Executive Officer and Director of the Corporation, of Calgary, is someone other than the Alberta, or failing him, Kelvin B. Johnston, Chairman of the Board of Directors of Management Nominees listed the Corporation, of Calgary, Alberta herein. as my/our proxyholder with full power of substitution and to attend, act and to vote for and on behalf of the Secured Debtholder in accordance with the following direction (or if no directions have been given, as the proxyholder sees fit) and all other matters that may properly come before the Special Meeting (the “Meeting”) of secured debtholders of the Corporation to be held at the Livingston Club Conference Centre, Plus 15 Level, 222—3rd Avenue SW, Calgary, Alberta on Wednesday, December 18, 2019 at 2:00 p.m., Calgary Time and at any adjournment or postponement thereof. VOTING RECOMMENDATIONS ARE INDICATED BY HIGHLIGHTED TEXT OVER THE BOXES. For Against 1. Arrangement Resolution To consider and, if deemed advisable, to pass, with or without variation, a special resolution the full text of which is set forth in Appendix A to the accompanying information circular and proxy statement of Pengrowth Energy Corporation (the “Information Circular”), to approve an arrangement under Section 193 of the Business Corporations Act (Alberta), all as more particularly described in the Information Circular. ———- Fold ———-Fold Authorized Signature(s)—This section must be completed for your Signature(s) Date instructions to be executed. I/We authorize you to act in accordance with my/our instructions set out above. I/We hereby revoke any proxy previously given with respect to the Meeting. If no voting instructions are indicated above, this Proxy will be voted as recommended by Management. P E Q Q 3 0 2 4 2 1 2 P R A R 0 9 9 9 9 9