West Fraser Announces Voting Results for the Election of Directors

Apr 20, 2021

Vancouver, B.C. — West Fraser Timber Co. Ltd. (“West Fraser” or the “Company”) (TSX and NYSE: WFG) announced, in accordance with Toronto Stock Exchange requirements, the voting results from its Annual General Meeting held virtually on Tuesday, April 20, 2021.

Voting Results for the Election of Directors

A total of 97,727,751 Common shares and Class B Common shares were voted at the meeting, representing 79.32% 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 follows:

DirectorVotes For

% of Votes

in Favour

Hank Ketcham92,056,36898
Reid E. Carter92,693,81199
Raymond Ferris93,240,04599
John N. Floren92,908,93599
Ellis Ketcham Johnson93,238,82399
Brian G. Kenning93,142,59599
Marian Lawson93,543,82299
Colleen McMorrow93,521,08799
Gerald J. Miller93,331,76099
Robert L. Phillips87,927,08894
Janice G. Rennie90,661,59797
Gillian D. Winckler93,526,25899

Shareholders approved the appointment of PricewaterhouseCoopers LLP as auditor of the Company.

The resolution on the Company’s approach to executive compensation (“Say-on-Pay”) as disclosed in the Company’s management information circular dated March 8, 2021 was also approved, with 99% of votes cast in favour.

Detailed voting results for the meeting are available on SEDAR at www.sedar.com and EDGAR at https://www.sec.gov/edgar.shtml.

The Company

West Fraser is a diversified wood products company with more than 60 facilities in Canada, the United States, the United Kingdom, and Europe. From responsibly sourced and sustainably managed forest resources, the Company produces lumber, engineered wood products (OSB, LVL, MDF, plywood, and particleboard), pulp, newsprint, wood chips, other residuals and renewable energy. West Fraser’s products are used in home construction, repair and remodeling, industrial applications, papers, tissue, and box materials.

West Fraser shares trade on the Toronto Stock Exchange and New York Stock Exchange under the symbol: “WFG”.

For more information:

West Fraser Investors:
Robert B. Winslow, CFA
Director, Investor Relations & Corporate Development
Tel. (416) 777-4426
[email protected]

West Fraser Media:
Heather Colpitts
Director, Corporate Affairs
Tel. (416) 643-8838
[email protected]