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WEF Western Forest Products Inc

0.45
-0.005 (-1.10%)
25 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Western Forest Products Inc TSX:WEF Toronto Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.005 -1.10% 0.45 0.45 0.46 0.46 0.445 0.455 467,805 20:59:59

Western Forest Products Inc. Announces Election of Directors

09/05/2024 1:03am

GlobeNewswire Inc.


Western Forest Products (TSX:WEF)
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From Apr 2024 to Jun 2024

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Western Forest Products Inc. (TSX: WEF) (“Western” or the “Company”) announces the following voting results in respect of the election of directors at its Annual Meeting of Shareholders (the “Meeting”) held today:

Name of NomineeVotes For% ForVotes Against% Against
Laura A. Cillis187,242,63788.96%23,246,58811.04%
Steven Hofer192,441,53891.43%18,047,6878.57%
Randy Krotowski181,115,05886.04%29,374,16713.96%
Fiona Macfarlane188,112,00589.37%22,377,22010.63%
Noordin Nanji148,874,23970.73%61,614,98629.27%
Daniel Nocente188,187,63089.40%22,301,59510.60%
Peter Wijnbergen191,681,99691.06%18,807,2298.94%

The total number of shares represented by shareholders in person and by proxy at the Meeting was 214,125,976, representing 67.60% of the Company’s outstanding shares.

As part of best governance practices, the Company’s Board of Directors has constituted its Board Committees as summarized below. All members of the Board Committees are 100% independent.

Audit CommitteeEnvironmental, Health and Safety CommitteeManagement Resource and Compensation CommitteeNominating and Corporate Governance Committee
Laura A. Cillis (Chair)Randy Krotowski (Chair)Fiona Macfarlane(Chair)Noordin Nanji(Chair)
Randy KrotowskiFiona MacfarlanePeter WijnbergenLaura A. Cillis
Peter WijnbergenNoordin NanjiRandy KrotowskiFiona Macfarlane
    

The Company has also filed a report of voting results on all resolutions voted on at the Meeting on https://www.sedarplus.ca.

About Western Forest Products Inc.

Western is an integrated forest products company building a margin-focused log and lumber business to compete successfully in global softwood markets. With operations and employees located primarily on the coast of British Columbia and Washington State, Western is a premier supplier of high-value, specialty forest products to worldwide markets. Western has a lumber capacity of 885 million board feet from six sawmills, as well as operates four remanufacturing facilities and two glulam manufacturing facilities. The Company sources timber from its private lands, long-term licenses, First Nations arrangements, and market purchases. Western supplements its production through a wholesale program providing customers with a comprehensive range of specialty products.

For further information, please contact:

Stephen WilliamsExecutive Vice President & Chief Financial Officer(604) 648-4500

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