NOT FOR RELEASE OR DISSEMINATION INTO THE UNITED STATES

VANCOUVER, British Columbia, May 14, 2021 (GLOBE NEWSWIRE) — CanWel Building Materials Group Ltd. (“CanWel” or the “Company”) (TSX:CWX, CWX.NT.A) announced its director election results following
its annual and special meeting of shareholders, held May 13, 2021.

All of the nominees proposed as directors in the Company’s Management