<p>温哥华，不列颠哥伦比亚省，2026 年 2 月 17 日（环球新闻）-- Canfor Corporation（“公司” 或 “Canfor”）今天宣布，将在其 2025 年第四季度的财务结果中记录约 3.21 亿美元的非现金资产减值和减值费用。其中，2.15 亿美元与公司的木材部门有关，1.06 亿美元与其纸浆和纸张部门有关。</p>
<p>在木材部门，减值与公司在欧洲的运营相关，反映了该地区持续的原木供应压力，这导致原木成本显著增加和资产账面价值降低。</p>
<p>在纸浆部门，减值反映了全球美元纸浆挂牌价格的持续下降，以及在确保经济上可行的纤维以支持运营方面的持续挑战。</p>
<p>该减值费用为非现金性质，不影响 Canfor 的流动性状况、现金流或日常运营。</p>
<p><strong>Canfor 纸浆的附加补充披露</strong></p>
<p>如之前所宣布，Canfor 提议根据与 Canfor Pulp 于 2025 年 12 月 3 日签署的安排协议，收购其尚未持有的 Canfor Pulp Products Inc.（“Canfor Pulp”）的所有已发行和流通的股份。Canfor 目前持有 Canfor Pulp 已发行股份的 54.8%。本新闻稿被视为纳入 2026 年 1 月 28 日的管理信息通函（“通函”）中，涉及 Canfor Pulp 于 2026 年 3 月 6 日举行的股东特别会议（“会议”），届时 Canfor Pulp 将寻求股东对拟议交易的批准。有关拟议交易和会议的更多信息，请参见在 Canfor Pulp 的 SEDAR+ 档案中提交的通函，网址为 sedarplus.ca。</p>
<p><strong>前瞻性声明。</strong></p>
<p>本新闻稿中的某些声明构成 “前瞻性声明”，涉及已知和未知的风险、不确定性及其他因素，这些因素可能导致实际结果与这些声明所表达或暗示的未来结果、表现或成就存在重大差异。诸如 “预计”、“预期”、“项目”、“打算”、“计划”、“将”、“相信”、“寻求”、“估计”、“应该”、“可能”、“能够” 等词语及其变体旨在识别这些前瞻性声明。这些声明基于管理层当前的期望和信念，实际事件或结果可能会有重大差异。许多因素可能导致这些前瞻性声明所表达或暗示的实际事件或结果与任何未来结果存在重大差异。前瞻性声明基于当前的期望，Canfor 不承担更新此类信息以反映后续事件或发展的义务，法律要求的情况除外。</p>
<p><strong>关于 Canfor。</strong></p>
<p>Canfor 是高价值低碳森林产品制造的全球领导者，包括尺寸和特种木材、工程木产品、纸浆和纸张、木颗粒和绿色能源。Canfor 自豪地总部位于不列颠哥伦比亚省温哥华，在加拿大、美国和欧洲的 50 多个设施中，生产来自可持续管理森林的可再生产品。公司持有瑞典最大私营锯木厂公司 Vida AB 的 77% 股份，并拥有 Canfor Pulp Products Inc.的 54.8% 股份。Canfor 的股票在多伦多证券交易所以 CFP 为交易代码上市。有关更多信息，请访问 canfor.com。</p>
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<td><strong>媒体联系人：</strong></td>
<td>Mina Laudan 副总裁，企业事务 (604) 661-5225media@canfor.com</td>
</tr>
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<td><strong>投资者联系人：</strong></td>
<td>Pat Elliott 首席财务官兼公司秘书 (604) 661-5441mailto:Patrick.Elliott@canfor.com&#34; rel=&#34;nofollow&#34; target=&#34;_blank&#34; title=&#34;Patrick.Elliott@canfor.com&#34;&gt;Patrick.Elliott@canfor.com</td>
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<td></td>
<td>Dan Barwin 企业发展负责人 (604) 661-5390 mailto:Daniel.Barwin@canfor.com&#34; rel=&#34;nofollow&#34; target=&#34;_blank&#34; title=&#34;Daniel.Barwin@canfor.com&#34;&gt;Daniel.Barwin@canfor.com</td>
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</tbody>
</table>

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<p>Canfor Corporation 宣布在 2025 年第四季度进行约 3.21 亿美元的非现金资产减值和减值费用，其中 2.15 亿美元与其木材部门相关，1.06 亿美元与其纸浆和纸张部门相关。木材减值是由于欧洲的原木供应压力，而纸浆减值反映了全球纸浆价格的下跌。此项费用不会影响 Canfor 的流动性或运营。此外，Canfor 提议收购 Canfor Pulp Products Inc. 的剩余股份，并将在 2026 年 3 月 6 日的会议上寻求股东批准</p>

<p>VANCOUVER, British Columbia, Feb. 17, 2026 (GLOBE NEWSWIRE) -- Canfor Corporation (“the Company” or “Canfor”)  announced today that it will record a non-cash asset write down and impairment charge totaling approximately $321 million in its fourth quarter of 2025 results. Of this amount, $215 million relates to the Company’s lumber segment and $106 million relates to its pulp and paper segment.</p>
<div class="lb-trans"><p>温哥华，不列颠哥伦比亚省，2026 年 2 月 17 日（环球新闻）-- Canfor Corporation（“公司” 或 “Canfor”）今天宣布，将在其 2025 年第四季度的财务结果中记录约 3.21 亿美元的非现金资产减值和减值费用。其中，2.15 亿美元与公司的木材部门有关，1.06 亿美元与其纸浆和纸张部门有关。</p>
</div><p>In the lumber segment, the impairment is associated with the Company’s European operations and reflects ongoing log supply pressures in the region, which have resulted in significant increases in log costs and reduced asset carrying values.</p>
<div class="lb-trans"><p>在木材部门，减值与公司在欧洲的运营相关，反映了该地区持续的原木供应压力，这导致原木成本显著增加和资产账面价值降低。</p>
</div><p>In the pulp segment, the impairment reflects sustained declines in global US-dollar pulp list prices as well as continued challenges in securing economically viable fibre necessary to support operations.</p>
<div class="lb-trans"><p>在纸浆部门，减值反映了全球美元纸浆挂牌价格的持续下降，以及在确保经济上可行的纤维以支持运营方面的持续挑战。</p>
</div><p>This impairment charge is non-cash in nature and does not affect Canfor’s liquidity position, cash flows or day-to-day operations.</p>
<div class="lb-trans"><p>该减值费用为非现金性质，不影响 Canfor 的流动性状况、现金流或日常运营。</p>
</div><p><strong>Additional Supplemental Disclosure in Canfor Pulp’s Circular</strong></p>
<div class="lb-trans"><p><strong>Canfor 纸浆的附加补充披露</strong></p>
</div><p>As previously announced, Canfor is proposing to acquire all of the issued and outstanding shares of Canfor Pulp Products Inc. (“Canfor Pulp”) that it does not already own pursuant to an arrangement agreement with Canfor Pulp dated December 3, 2025 (the “Proposed Transaction”). Canfor presently holds 54.8% of Canfor Pulp’s outstanding shares. This news release is deemed to be incorporated by reference in the management information circular dated January 28, 2026 (the “Circular”) in respect of Canfor Pulp’s special meeting of shareholders to be held on March 6, 2026 (the “Meeting”) where Canfor Pulp will be seeking shareholder approval of the Proposed Transaction. For further information regarding the Proposed Transaction and the Meeting, see the Circular filed on Canfor Pulp’s SEDAR+ profile at sedarplus.ca.</p>
<div class="lb-trans"><p>如之前所宣布，Canfor 提议根据与 Canfor Pulp 于 2025 年 12 月 3 日签署的安排协议，收购其尚未持有的 Canfor Pulp Products Inc.（“Canfor Pulp”）的所有已发行和流通的股份。Canfor 目前持有 Canfor Pulp 已发行股份的 54.8%。本新闻稿被视为纳入 2026 年 1 月 28 日的管理信息通函（“通函”）中，涉及 Canfor Pulp 于 2026 年 3 月 6 日举行的股东特别会议（“会议”），届时 Canfor Pulp 将寻求股东对拟议交易的批准。有关拟议交易和会议的更多信息，请参见在 Canfor Pulp 的 SEDAR+ 档案中提交的通函，网址为 sedarplus.ca。</p>
</div><p><strong>Forward-looking statements.</strong></p>
<div class="lb-trans"><p><strong>前瞻性声明。</strong></p>
</div><p>Certain statements in this press release constitute “forward-looking statements” which involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results, performance or achievements expressed or implied by such statements. Words such as “expects”, “anticipates”, “projects”, “intends”, “plans”, “will”, “believes”, “seeks”, “estimates”, “should”, “may”, “could”, and variations of such words and similar expressions are intended to identify such forward-looking statements. These statements are based on Management’s current expectations and beliefs and actual events or results may differ materially. There are many factors that could cause such actual events or results expressed or implied by such forward-looking statements to differ materially from any future results expressed or implied by such statements. Forward-looking statements are based on current expectations and Canfor assumes no obligation to update such information to reflect later events or developments, except as required by law.</p>
<div class="lb-trans"><p>本新闻稿中的某些声明构成 “前瞻性声明”，涉及已知和未知的风险、不确定性及其他因素，这些因素可能导致实际结果与这些声明所表达或暗示的未来结果、表现或成就存在重大差异。诸如 “预计”、“预期”、“项目”、“打算”、“计划”、“将”、“相信”、“寻求”、“估计”、“应该”、“可能”、“能够” 等词语及其变体旨在识别这些前瞻性声明。这些声明基于管理层当前的期望和信念，实际事件或结果可能会有重大差异。许多因素可能导致这些前瞻性声明所表达或暗示的实际事件或结果与任何未来结果存在重大差异。前瞻性声明基于当前的期望，Canfor 不承担更新此类信息以反映后续事件或发展的义务，法律要求的情况除外。</p>
</div><p><strong>About Canfor.</strong></p>
<div class="lb-trans"><p><strong>关于 Canfor。</strong></p>
</div><p>Canfor is a global leader in the manufacturing of high-value low-carbon forest products including dimension and specialty lumber, engineered wood products, pulp and paper, wood pellets and green energy. Proudly headquartered in Vancouver, British Columbia, Canfor produces renewable products from sustainably managed forests, at more than 50 facilities across its diversified operating platform in Canada, the United States and Europe. The Company has a 77% stake in Vida AB, Sweden’s largest privately owned sawmill company and also owns a 54.8% interest in Canfor Pulp Products Inc. Canfor shares are traded on The Toronto Stock Exchange under the symbol CFP. For more information visit canfor.com.</p>
<div class="lb-trans"><p>Canfor 是高价值低碳森林产品制造的全球领导者，包括尺寸和特种木材、工程木产品、纸浆和纸张、木颗粒和绿色能源。Canfor 自豪地总部位于不列颠哥伦比亚省温哥华，在加拿大、美国和欧洲的 50 多个设施中，生产来自可持续管理森林的可再生产品。公司持有瑞典最大私营锯木厂公司 Vida AB 的 77% 股份，并拥有 Canfor Pulp Products Inc.的 54.8% 股份。Canfor 的股票在多伦多证券交易所以 CFP 为交易代码上市。有关更多信息，请访问 canfor.com。</p>
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<td><strong>Media Contact:</strong></td>
<td>Mina LaudanVP, Corporate Affairs(604) 661-5225media@canfor.com</td>
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<td><strong>Investor Contacts:</strong></td>
<td>Pat ElliottCFO and Corporate Secretary(604) 661-5441mailto:Patrick.Elliott@canfor.com&#34; rel=&#34;nofollow&#34; target=&#34;_blank&#34; title=&#34;Patrick.Elliott@canfor.com&#34;&gt;Patrick.Elliott@canfor.com</td>
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<td>Dan BarwinHead of Corporate Development(604) 661-5390 mailto:Daniel.Barwin@canfor.com&#34; rel=&#34;nofollow&#34; target=&#34;_blank&#34; title=&#34;Daniel.Barwin@canfor.com&#34;&gt;Daniel.Barwin@canfor.com</td>
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<td><strong>媒体联系人：</strong></td>
<td>Mina Laudan 副总裁，企业事务 (604) 661-5225media@canfor.com</td>
</tr>
<tr>
<td><strong>投资者联系人：</strong></td>
<td>Pat Elliott 首席财务官兼公司秘书 (604) 661-5441mailto:Patrick.Elliott@canfor.com&#34; rel=&#34;nofollow&#34; target=&#34;_blank&#34; title=&#34;Patrick.Elliott@canfor.com&#34;&gt;Patrick.Elliott@canfor.com</td>
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<td>Dan Barwin 企业发展负责人 (604) 661-5390 mailto:Daniel.Barwin@canfor.com&#34; rel=&#34;nofollow&#34; target=&#34;_blank&#34; title=&#34;Daniel.Barwin@canfor.com&#34;&gt;Daniel.Barwin@canfor.com</td>
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Canfor 宣布资产减记和减值费用