Investor Presentaiton

Reconciliation With First Nations: Western And Huu-ay-aht First Nations, A Success Story 2017 2018 2019 2021 Building a Mutually Beneficial Relationship with Huu-ay-aht First Nations Established a relationship Sale and purchase of three properties Long-term lease back of a dry land sort in Sarita Bay, B.C. Market log harvesting agreement for 200,000 m³ Employment and training agreement to increase the number of Huu-ay-aht citizens participating in the forest sector Signed a Reconciliation Protocol Agreement Continued to explore potential alternative ownership structures in Huu-ay-aht's traditional territories Completion of Huu-ay-aht's purchase of a 7% beneficial ownership interest in a newly formed limited partnership (TFL 44 LP), consisting of certain assets in Western's Port Alberni Forest Operations, including Tree Farm Licence 44 Completion of Huu-ay-aht's purchase of an incremental 28% beneficial ownership interest in TFL 44 LP from Western for $22.4 million TFL 44 LP name change to Tsawak-qin Forestry Limited Partnership (effective January 2022) TEL TFL44 LIMITED I PARTNERSHIP Developing Mutually Beneficial Relationships To Advance Reconciliation With First Nations TFL LINITED ЕКОТНЕВЕНТ xx dat WFP WFP UNITY 15

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