NORTH BAY, Ontario — GreenFirst Forest Products announced results for the second quarter and two quarters ended June 27, 2026. Q2 2026 net income was $5.5 million, compared to net loss of $20.7 million in Q1 2026. Adjusted EBITDA for Q2 2026 was positive $11.8 million compared to negative $15.1 million in Q1 2026. …Net sales were $96.1 million in Q2 2026, an increase of approximately 59% compared to Q1 2026. The increase in net sales was primarily driven by higher shipments and higher realized pricing during the quarter, despite continued pressure from elevated duties and tariffs applicable to Canadian softwood lumber exports. …Average realized lumber prices increased to $764/mfbm in Q2 2026, compared to $666/mfbm in Q1 2026, reflecting stronger benchmark lumber markets and improved pricing conditions during the quarter. …GreenFirst also announce the resignation of CEO, Joel Fournier effective October 31, 2026, for personal reasons. GreenFirst will commence a search process for the new CEO and will keep the market updated.