Conifex Announces Normal Course Issuer Bid

VANCOUVER, British Columbia, Nov. 26, 2020 (GLOBE NEWSWIRE) — Conifex Timber Inc. (“Conifex”) (TSX: CFF) announced that the Toronto Stock Exchange (the “TSX”) has accepted Conifex’s notice of
intention to make a normal course issuer bid (the “NCIB”) for its common shares (the “Common Shares”) through the facilities of the TSX or any other Canadian public marketplace or alternative
trading system.