Investor Presentaiton

Growing The Business: Strategic Acquisitions To Geographically Diversify And Grow the Business Western Forest Products B.C. Operations 1 Arlington Distribution and Processing Centre Arlington, WA Overview 18-acre distribution and processing facility 170,000 square feet covered storage Remanufacturing (Kilns, Planer) Rail spur on site serviced by BNSF 2 Columbia Vista Vancouver, WA Overview Sawmill Remanufacturing (Kilns, Planer) Strategic Rationale WFP Centralized warehousing and distribution near the high value U.S. west coast corridor Increase production of targeted specialty products and expanded finishing capacity Strategic Rationale Increases production of Douglas fir specialty products for Japanese and U.S. markets Complements our B.C. hemlock business into Japan 3 Calvert Company Vancouver, WA and Washougal, WA Overview Two Glulam Manufacturing Facilities Strategic Rationale Position Western to capitalize on the growing North American Mass Timber building market Move up the product value chain and grow our portfolio of value-added products Growing Our Operations In The U.S. Pacific Northwest 35 55

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