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WEST FRASER TIMBER CO., LTD

For the period ended Dec 31, 2024. Filed Feb 12, 2025.

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The yearly report of certain Canadian companies, filed under a joint US and Canadian system. It is the main yearly account these companies give US investors, largely as filed in Canada.

FY2024 · Filed Feb 12, 2025

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WFG$67.86-2.0%Stored close · as of Nov 6, 2026
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Contents

EX-99.3 · Financing Activities

Financing Activities

Cash used in financing activities in 2024 increased compared to 2023 due primarily to the repayment of our $300 million senior notes on maturity in October 2024 and higher share repurchases.

We returned $140 million and $129 million during 2024 and 2023 respectively to our shareholders through Common shares repurchased under our NCIB programs.

We also returned a total of $101 million during 2024 to our shareholders through dividend payments (2023 - $100 million).

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