Investor Presentation slide image

Investor Presentation

Availability of Viable B.C. Timber Has Declined Rapidly Inventory of Available Live and Dead Lodgepole Pine by Years Since Attack (million m³) 1,600 Economic "Shelf-Life" of Beetle Kill Wood = 8-12 Years 1,400 1,200 1,000 800 600 400 67.1 BC Interior AAC (million m3) 2000 2009 50.6 2020 % change '00-20 '09-20 44.3 -13% -34% 200 Lumber Capacity Curtailments 2015-2019 3.0 billion board feet 2010-2015: -19% Decline in <12 yrs Dead Volume 2015-2020: -39% Decline in <12 yrs Dead Volume 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 ■9-10 yrs 11-12 yrs >12 yrs Duration Since Mortality: ■Live <8 yrs The mountain pine beetle epidemic is expected to significantly constrain the availability of economically viable pine inventory in B.C. for many decades. Rayonier Source: B.C. Ministry of Forests, Forest Economic Advisors. Investor Presentation | March 2020 15
View entire presentation