Mr. Eric Vachon reports

STELLA-JONES REPORTS DIRECTOR ELECTION RESULTS

Stella-Jones Inc. has released its director election results following its annual meeting of shareholders, held this morning.

All of the nominees proposed as directors in the company's management information circular dated March 14, 2023, were elected to the board of directors of Stella-Jones by a majority of the votes cast by shareholders at the meeting or represented by proxy at the meeting. Detailed voting results for the election of directors are set out herein.

Additionally, the advisory vote on executive compensation (say on pay) received 91.72-per-cent approval.

Results on all matters voted at the meeting are available on SEDAR.

About Stella-Jones Inc.

Stella-Jones (Toronto Stock Exchange: SJ) is North America's leading producer of pressure-treated wood products. It supplies the continent's major electrical utility and telecommunication companies with wood utility poles and North America's Class 1, short line and commercial railway operators with railway ties and timbers. Stella-Jones also provides industrial products, which include wood for railway bridges and crossings, marine and foundation pilings, construction timbers, and coal tar-based products. Approximately 70 per cent to 75 per cent of the company's sales are typically derived from these infrastructure-related product categories. Additionally, the company manufactures and distributes premium treated residential lumber and accessories to Canadian and American retailers for outdoor applications, with a significant portion of the business devoted to servicing the Canadian market through its national manufacturing and distribution network. The company's common shares are listed on the Toronto Stock Exchange.