EDMUNDSTON, New Brunswick – May 6, 2026 – Acadian Timber  reported financial and operating results for the three months ended March 28, 2026. During the first quarter, Acadian generated sales of $23.4 million compared to $24.8 million in the first quarter of 2025. Acadian generated $4.8 million of Adjusted EBITDA and $2.5 million of Free Cash Flow during the first quarter and declared dividends of $5.3 million or $0.29 per share to our shareholders. “Acadian delivered steady performance during the first quarter, despite challenging conditions across forest products markets,” said Malcolm Cockwell, Interim President and Chief Executive Officer. “Our team remains focused on improving our operations in Maine and unlocking the long-term, multi-use potential of our assets.”