WFN Statement Re Pine Acres Home Severance Payments

In June 2022 an arbitration decision was upheld requiring WFN to pay additional severance to former employees of Pine Acres Home, as a result of the permanent closure of the facility. WFN is anxious to bring this matter to closure and has been working with the Union to obtain their confirmation of the calculations. A recent Arbitration Order initiated by the Union seeking additional information surrounding the calculations has caused further delays in making the payments to employees. On Monday, August 29, WFN provided the additional information required to the Union. WFN intends to make the final severance payments to former employees Sept 2, bringing this matter to closure.