Residential Interior Door Facings

Company Overview Residential Interior Molded Doors - Raw Materials to Slabs Residential Interior Molded Doors Step #1 Step #2 Step #3 Key Inputs Acquired Molded Door Facings Produced Door Slab Assembly D ■ Laurel uses 27 acres of timber/day " Molded doors "nest" well for shipping ■ Masonite has > 1,000 dies (~$75M USD)* ■ Have capacity for 1.5M U.S. starts Manual or fully automated (Denmark) Manual: ~8 hours, automated ~4 min. ☐ 5 facings plants replacement value ~$1B ■ Do not sell facings within key NA market Plans for 3 NA fully automated units (*) Includes interior and exterior molded dies. Today's Tour Showcased Steps #1 & #2 7

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