Dividents

Dividends

This page provides information to West Fraser shareholders about how to receive your dividends. On October 27, 2021, West Fraser announced that future dividends will be declared and payable in U.S. dollars. Shareholders who wish to continue to receive their dividends in Canadian dollars will be able to elect to do so by following the procedures explained below. The process for election will be different for registered and beneficial shareholders.

Quicklinks

Transfer Agent Computershare

Contact Investor Relations

Registered Shareholders

Beneficial Shareholders

Notice: Dividends Payable in U.S. Dollars

Shareholders will receive dividend payments in U.S. dollarsunless you elect to receive such payments in Canadian dollars. If you wish to continue to receive your dividends in Canadian dollars please following the instructions provided below for Registered or Beneficial Shareholders

FAQ for Registered Shareholders

How do I, as a registered shareholder, request to receive my dividends in Canadian dollars?

Registered shareholders who wish to continue to receive their dividends in Canadian dollars will be able to elect to do so by contacting our transfer agent, Computershare Investor Services Inc. Computershare will provide a Dividend Currency Election Form to registered shareholders. Registered shareholders should mark their preferred currency to receive dividends in that form and return it to Computershare.

What if I do nothing, and do not contact West Fraser’s transfer agent?

Unless a currency election is received, future dividends will be paid in U.S. dollars. Once a shareholder has made a dividend currency election it will stand so until notified otherwise.

How do I contact West Fraser’s transfer agent, Computershare?

Any questions or requests for assistance may be directed to Computershare at the address or telephone numbers listed below:

‍Phone: 1-800-564-6253 (toll free in Canada and the United States)
between 9:00 am and 6:00 pm Eastern Time or
514-982-7555 (international direct dial).

‍Fax: 1-888-453-0330

‍Online: www.computershare.com/service‍

‍Mail: Computershare Investor Services, 100 University Ave., 8th Floor, North Tower, Toronto, Ontario M5J 2Y1 Canada
‍

How do I know if I am a registered shareholder?

If you are in possession of a physical share certificate in your name or your shares are held in book entry form through the direct registration system (DRS), and you appear as the registered shareholder in the records of West Fraser’s transfer agent, you are a “registered shareholder” and your name and address are known to West Fraser through its transfer agent, Computershare.

FAQ for Beneficial or Non-Registered Shareholders

How do I, as a beneficial shareholder, request to receive my dividends in Canadian dollars?

Beneficial shareholders (also known as “non-registered shareholders”) who wish to continue to receive their dividends in Canadian dollars should contact their brokers and instruct them to make relevant elections on their behalf. Unless a currency election is received, future dividends will be paid in U.S. dollars.

How do I know if I am a beneficial or non-registered shareholder?

If you own shares through a bank, trust company, securities broker, trustee or other intermediary and are not a registered shareholder then you are a “beneficial” shareholder and you will not have a physical share certificate. In this case, you will have an account statement from your bank or broker as evidence of your share ownership. Most retail shareholders are beneficial shareholders. The shares of beneficial shareholders are registered in the name of an intermediary, such as a bank, trust company, securities broker, trustee or other intermediary who holds the shares in a nominee account or in the name of such intermediary, or in the name of a clearing agency in which the intermediary is a participant.