Ms. Susan Wood reports

NOTICE OF 2026 FIRST QUARTER RESULTS CONFERENCE CALL AND WEBCAST FOR INVESTORS AND ANALYSTS AND ANNUAL MEETING OF SHAREHOLDERS

Acadian Timber Corp. will release its first quarter 2026 results after market close on Wednesday, May 6, 2026, which will be available on its website. The release will be followed by a conference call and webcast on Thursday, May 7, 2026, at 1 p.m. Eastern Time, to discuss with members of senior management its financial and operating results.

To participate in the first quarter conference call, please register or follow the link on the company website to receive your unique PIN. The media and investing public may access this conference call by listen-in mode only. The first quarter conference call will also be webcast live on the website. For those unable to participate, a recorded rebroadcast will be available until 4 p.m. Eastern Time on May 7, 2027.

You are also invited to Acadian Timber's virtual annual meeting of shareholders on Thursday, May 7, 2026, at 11 a.m. Eastern Time.

You may attend the virtual annual meeting of shareholders. The conference meeting ID is 1895. The meeting will be archived on the company 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 website.

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.

Acadian Timber 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 products include softwood and hardwood sawlogs, pulpwood and biomass byproducts, sold to approximately 85 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 expanding its business by acquiring assets and actively managing these assets to drive improved performance.