Conifex Announces Voting Results

Conifex Timber Inc. (“

Conifex

” or the "

Company

") (TSX: CFF) announced today that at its annual general meeting of shareholders held on June 20, 2023, all management nominees were elected as directors of the Company.

Each of the management nominees was elected by show of hands. The proxies deposited for the election of directors were as follow:

Director		Percentage of Votes For		Percentage of Votes Against
Kenneth A. Shields		95.58%		4.42%
David E. Roberts		99.29%		0.71%
Michael Costello		98.72%		1.28%
Janine North		98.73%		1.27%
Charles P. Miller		98.54%		1.46%

In addition, shareholders approved the appointment of PricewaterhouseCoopers LLP, Chartered Professional Accountants, as the Company’s auditor for the ensuing year and authorized the board to fix the auditor’s remuneration.

A report of voting results is also available on SEDAR at www.sedar.com.

For further information, please contact:

Trevor PrudenChief Financial Officer604 216-2949

About Conifex Timber Inc.

Conifex and its subsidiaries' primary business currently includes timber harvesting, reforestation, forest management, sawmilling logs into lumber and wood chips, and value added lumber finishing and distribution. Conifex's lumber products are sold in the United States, Canadian and Japanese markets. Conifex also produces bioenergy at its power generation facility at Mackenzie, BC.