NOTICE OF 2025 FIRST QUARTER RESULTS CONFERENCE CALL AND WEBCAST FOR INVESTORS AND ANALYSTS AND ANNUAL MEETING OF SHAREHOLDERS

Acadian Timber Corp. will release its 2025 first quarter results after market close on Wednesday, May 7, 2025, which will be available on the company's website. The release will be followed by a conference call and webcast on Thursday, May 8, 2025, at 1 p.m. Eastern Time, to discuss the financial and operating results with members of senior management.

To participate in the first quarter conference call, please register on-line or follow the link on the company's website to receive your unique PIN (personal identification number). The media and investing public may access this conference call via a listen-in mode only. The first quarter conference call will also be webcast live on the company's website. For those unable to participate, a recorded rebroadcast will be available until 4 p.m. Eastern Time on May 8, 2026.

You are also invited to Acadian's virtual annual meeting of shareholders on Thursday, May 8, 2025, at 11 a.m. Eastern Time.

To attend the virtual annual meeting of shareholders, use conference meeting ID No. 1747. The meeting will be archived on the company's website for future reference. For further information regarding the annual meeting of shareholders and voting instructions, please refer to the latest management information circular, available on the company's website, under other disclosure documents.

If you have any questions about the first quarter conference call or annual meeting of shareholders, please contact Susan Wood, chief financial officer, at 1-506-737-2345 or ir@acadiantimber.com.

About Acadian Timber Corp.

Acadian is one of the largest timberland owners in Eastern Canada and the northeastern United States, and has a total of approximately 2.4 million acres of land under management. Acadian owns and manages approximately 775,000 acres of freehold timberlands in New Brunswick and approximately 300,000 acres of freehold timberlands in Maine, and provides timber services relating to approximately 1.3 million acres of Crown-licensed timberlands in New Brunswick. Acadian's primary business is forest management and the production of timber products, including softwood and hardwood sawlogs, pulpwood, and biomass byproducts, sold to approximately 90 regional customers. Acadian also generates income through other operations, including real estate and environmental solutions.

Acadian's business strategy is to maximize cash flows from its existing timberland assets through sustainable forest management and other land use activities, while growing its business by acquiring assets and actively managing these assets to drive improved performance.