Ms. Joyce Wagenaar reports

WEST FRASER ANNOUNCES VOTING RESULTS OF THE ANNUAL SHAREHOLDERS MEETING

West Fraser Timber Co. Ltd. has released the voting results from its annual general and special meeting, held on Wednesday, April 22, 2026, in Vancouver, B.C.

Voting results for the election of directors

A total of 69,106,612 common shares and Class B common shares were voted at the meeting, representing 88.26 per cent of the votes attached to all outstanding shares. Shareholders voted in favour of all items of business before the meeting, including the election of all director nominees, as detailed in the attached table.

Voting results for other matters

Shareholders approved the fixing the number of directors at 11 by show of hands.

Shareholders approved the appointment of PricewaterhouseCoopers LLP as the auditor of the company by show of hands.

The resolution on the company's approach to executive compensation (say on pay) as described in the company's management information circular dated March 6, 2026, was also approved, with 86.41 per cent of votes cast in favour.

The resolution on the reconfirmation and continuation of the company's shareholder rights plan as described in the company's management information circular dated March 6, 2026, was also approved, with 87.03 per cent of votes cast in favour.

Detailed voting results for the meeting are available on SEDAR+ and EDGAR.

About West Fraser Timber Co. Ltd.

West Fraser is a diversified wood products company with more than 50 facilities in Canada, the United States, the United Kingdom and Europe, which promotes sustainable forest practices in its operations. The company produces lumber, engineered wood products (OSB, LVL, MDF, plywood and particleboard), northern bleached softwood kraft pulp, paper, wood chips and other residuals. West Fraser's products are used in home construction, repair and remodelling, industrial applications, and papers and tissue.