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Western Forest Products Publishes Sustainability Report

VANCOUVER, British Columbia, March 20, 2019 (GLOBE NEWSWIRE) -- Western Forest Products Inc. (TSX: WEF) (“Western” or the “Company”) announced today that it has published its first sustainability report, highlighting the Company’s governance, environmental and social practices and performance during 2018. The report is available on the Company’s website at www.westernforest.com/responsibility.

“Sustainable practices have always defined who we are at Western,” said Don Demens, President and Chief Executive Officer. “With this report, we are continuing the evolution of our sustainability disclosure: pledging to set goals, track progress and report on key performance measures.”

The report outlines how Western is defining a higher standard in being accountable to our people, the environment, First Nations and the communities in which we operate, while producing the world’s most sustainable building material.

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 in excess of 1.1 billion board feet from eight sawmills and four remanufacturing 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 Williams,
Executive Vice President & Chief Financial Officer
(604) 648-4500

Forward-looking Statements

This press release contains statements that may constitute forward-looking statements under the applicable securities laws. Readers are cautioned against placing undue reliance on forward-looking statements. All statements herein, other than statements of historical fact, may be forward-looking statements and can be identified by references to future periods. Although such statements reflect management’s current reasonable beliefs, expectations and assumptions, there can be no assurance that forward-looking statements are accurate, and actual results or performance may materially vary. Many factors could cause our actual results or performance to be materially different, including factors referenced under the “Risks and Uncertainties” section of our MD&A in our 2018 Annual Report dated February 12, 2019.

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