Mosaic Forest Management Announces Departure of President and CEO Jeff Zweig

Mosaic Forest Management today announced the planned departure of its President and Chief Executive Officer, Jeff Zweig, by August 31, 2022. Mosaic's Board of Directors has commenced a search for his replacement. Mr. Zweig will remain in the role of President and CEO until his departure.

"It has been the privilege of a lifetime to work with such a talented team building a world-class timberlands company," said Mr. Zweig. "The exceptional leadership and staff at Mosaic are well-positioned to continue to responsibly grow the company as a leader in sustainable timberlands management."

"On behalf of the Board of Mosaic Forest Management, I want to thank Jeff for his significant contributions over the past 7 plus years," said Jake Kerr, Chair of the Board. "Jeff led the affiliation of TimberWest and Island Timberlands to create Mosaic, Canada's largest privately-owned timberlands producer. He helped drive significant improvements in safety, sustainability, and financial performance. Under Jeff's leadership, Mosaic was the first forest company in BC to have its Progressive Aboriginal Relations program certified, the first forest company globally to certify its organizational carbon footprint, and recently launched the largest nature-based carbon credit project in Canada. During his tenure, Mosaic made significant progress on diversity, equity and inclusion and was recognized as one of BC's Top Employers for 2022. We are genuinely sorry to see Jeff leave and thank him sincerely for all he has accomplished."

-30-

About Mosaic Forest Management Corp.  
Mosaic Forest Management Corporation is in the business of sustainable forest stewardship, managing private timberlands and public forest tenures in Coastal British Columbia for more than a century. Mosaic employs several thousand people directly and indirectly, and is strongly committed to achieving positive economic, social and sustainability outcomes from the working forest. For more information, visit MosaicForests.com.

Media Inquiries
Mosaic Forest Management 
Karin Doherty, Director, Government Relations & Communications  
Media@MosaicForests.com 

Sue Handel