Canfor (CFP) AGM 2025 summary

Opening remarks and agenda

• Meeting convened to receive 2024 financial statements, fix the number of directors at 10, elect directors, and appoint auditors.

• Attendees were welcomed, and technical instructions for the virtual meeting and voting process were provided.

Board and executive committee updates

• Three directors, Bill Stimson, Ross Smith, and Conrad Knecht, retired from the board; Cheryl Yaremko was introduced as a new nominee.

• Board and management expressed appreciation for outgoing directors and all personnel.

Overview of voting outcomes

• Quorum established with 84.86% of shares represented.

• Number of directors set at 10; all nominated directors elected by acclamation.

• KPMG LLP appointed as auditors.