Investor Presentaiton

Reconciliation With First Nations: Announcement of TFL 39 Block 2 Limited Partnership Announced an agreement to establish a Limited Partnership comprised of certain assets and liabilities of Western's Mid Island Forest Operation, including Block 2 of "TFL" 39 The Limited Partnership will manage approximately 157,000 hectares of forest land with an AAC of 904,540 m³ The Tlowitsis, We Wai Kai, Wei Wai Kum and K'ómoks First Nations will acquire an aggregate 34% of the Limited Partnership from Western for $35.9 million Long-term fibre supply agreement with Western which will support Western's manufacturing operations Working towards closing the transaction in Q1/24, subject to various closing conditions ■ Please see News Release for further details WFP "I am driven by a ed to ma and l arri le better me got "From our perspective, this is the path forward of how our industry needs to operate here in British Columbia" Steven Hofer, President & CEO "It's a landmark agreement... increasing the role of First Nations as stewards of their territories and driving stronger communities and greater economic development❞ David Eby, Premier of BC - nanwakolas COUNCIL Tlowitsis Nation WE WAI KAI NATION K'ómoks First Nation WFP BRITISH Western Forest Products Inc. COLUMBIA DEFINING A HIGHER STANDARD" Continued Leadership In The Advancement Of Reconciliation 29 29

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