WESTERN TO INVEST $29 MILLION IN B.C. OPERATIONS

The investments are part of Western’s ongoing commitment to support value-added manufacturing on the B.C. Coast and grow our value-added wood products business, all while continuing to improve Western’s long-term competitiveness.

• $12.3 million in a new continuous kiln at the Saltair sawmill in Ladysmith, allowing for increased capacity while reducing energy consumption.

• $7.9 million at the Duke Point facility in Nanaimo, to optimize the centralized planer facility with new equipment.

• $8.3 million in our other B.C. operations, including new kiln control systems at the Saltair sawmill and our Value-Added Division in Chemainus.

COMMUNITY NEWS

July 7, 2022

Bridging Agreement between Quatsino First Nation and Western Forest Products Represents a Meaningful Step Towards Reconciliation and Rights Recognition on North Island

Quatsino First Nation (Quatsino or the Nation) and Western Forest Products Inc. (Western) have entered into an agreement that provides for a joint vision and approach to share opportunities related to forest resources in unceded Quatsino traditional territory. This agreement allows for a “bridging period” of increased stability for forestry workers and North Island communities as Quatsino, Western and the Province continue to pursue longer term reconciliation arrangements that respect and recognize Quatsino’s rights within its territory, and provide for North Island economic stability.

July 6, 2022

Western Forest Products Continues to Demonstrate its Commitment to Value-added Manufacturing with $29 Million Investment Towards B.C. Operations

The investments are part of the Company’s ongoing commitment to support value-added manufacturing on the B.C. Coast and grow its value-added wood products business, all while continuing to improve Western’s long-term competitiveness.

May 17, 2022

WESTERN EXTENDS ITS COMMITMENT TO SAFETY WITH SAFE DRIVING CAMPAIGN ON FOREST SERVICE ROADS

Motorists may encounter Western employees on select roads this Victoria Day weekend, as well as future holiday weekends in 2022. Employees will be available to offer safe driving tips for the industrial roads, and answer related questions, as appropriate.

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