Western Forest Products Amends and Extends $250 Million Credit Facility

Press Release

VANCOUVER, British Columbia, — Western Forest Products Inc. (TSX: WEF) (“Western” or the “Company”) announced today the amendment and extension of its current $250 million syndicated credit facility. The maturity date of the credit facility has been extended to July 21, 2026. The credit facility is subject to certain financial covenants and the security provided thereunder remains unchanged. A copy of the amended credit facility agreement will be filed under the Company’s profile on SEDAR+ at www.sedarplus.ca.

About Western Forest Products Inc.

Western is an integrated forest products company building a margin-focused log and lumber business to compete successfully in global softwood markets. With operations and employees located primarily on the coast of British Columbia and Washington State, Western is a premier supplier of high-value, specialty forest products to worldwide markets. Western has a lumber capacity of 885 million board feet from six sawmills, as well as operates four remanufacturing facilities and two glulam manufacturing facilities. The Company sources timber from its private lands, long-term licenses, First Nations arrangements, and market purchases. Western supplements its production through a wholesale program providing customers with a comprehensive range of specialty products.

For further information, please contact:

Stephen Williams
Executive Vice President & Chief Financial Officer
(604) 648-4500

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