BOISE CASCADE Co

As of July 20, 2025, we had approximately 7,710 employees. Approximately 17% of these employees work pursuant to collective bargaining agreements. As of July 20, 2025, we had ten collective bargaining agreements. One agreement covering approximately 20 employees at our Billings BMD facility expired on March 31, 2025. In late July, the union commenced a work stoppage; however, the terms and conditions of this agreement generally remain in effect pending negotiation of a new agreement. The company continues to engage in good faith efforts to reach an agreement on a new contract. Two agreements covering approximately 730 employees at our Oakdale and Florien plywood plants expired on July 15, 2025. The terms and conditions of these agreements remain in effect pending negotiation of new agreements.

We may not be able to renew these agreements or may renew them on terms that are less favorable to us than the current agreements. If any of these agreements are not renewed or extended upon their termination, we could experience a material labor disruption, strike, or significantly increased labor costs at one or more of our facilities, either in the course of negotiations of a labor agreement or otherwise. Labor disruptions or shortages could prevent us from meeting customer demands or result in increased costs, thereby reducing our sales and profitability.