Mr. Robert Brown reports

HDI ANNOUNCES VOTING RESULTS FOR ANNUAL GENERAL MEETING

Hardwoods Distribution Inc. has released the voting results of the company's annual general meeting of shareholders held on May 12, 2022.

Election of directors

The eight nominees of management were elected as directors at the meeting. The voting results for the election of each director nominee are as set out in the attached table.

                 VOTING RESULTS FOR ELECTION OF DIRECTORS

Name of nominee             Votes for                      Votes withheld                       

                     Number of   Percentage           Number of    Percentage 
                         votes     of votes               votes      of votes 

Robert J. Brown     16,040,929        99.94%              9,320          0.06%               
Peter M. Bull       13,339,204        83.11%          2,711,045         16.89%              
George R. Judd      16,038,503        99.93%             11,746          0.07%               
Michelle A. Lewis   11,005,758        68.57%          5,044,491         31.43%              
Jim C. Macaulay     13,341,434        83.12%          2,708,815         16.88%              
Qi Tang             16,040,251        99.94%              9,998          0.06%               
Rob L. Taylor       15,404,775        95.98%            645,474          4.02%               
Graham M. Wilson    13,290,145        82.80%          2,760,104         17.20%              

Appointment of auditor

At the meeting, KPMG LLP was appointed as auditor of the company for the ensuing year, and the directors were authorized to fix the remuneration to be paid to the auditor.

About Hardwoods Distribution Inc.

Hardwoods is one of North America's largest suppliers of specialty building products to fabricators, home centres and pro dealers, servicing the new residential, repair and remodel, and commercial construction end markets. The company currently operates a network in North America of 86 distribution and manufacturing facilities in the United States and Canada. Hardwoods' common shares are listed on the Toronto Stock Exchange under the symbol HDI.