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Investor Presentaiton

WESTROCK ACQUISITION Logical tuck-in acquisition with operational and capital investment upside • Acquisition of WestRock's sawmill in Summerville, South Carolina closed APPROX. LOG PROCUREMENT AREAS • • on March 12, 2021. Cash consideration of US$59 MM, included log and lumber inventories. Mill produced 125 MMbf in 2020. New permit received in 2020 allowing for an increase in production of up to 200 MMbf/year. • Strategic capital investment announced in August 2021 to significantly increase production. Significant log sort optimization and procurement synergies with existing mills (Meldrim/Georgetown). . Long-term residuals off-take agreement with WestRock's Charleston, SC paper mill. INTERFOR Columbia me Lancaster Chesterfield Manboro Fairfield Kershaw erry Lee Richland Saluda Bumber Lexington _dgefield Richmond cock Alken Darlington Com Robeson Bladen Marion Florence Horry Calhoun Clarendon Willamsburg Drangeburg Columbia Georgetown getown Berkeley Bamwel Bamberg Summerville Dorchester Charleston Jefferson Burke Allendale ington Johnson Emanuel Laurens Treutlen Jenkins Screve Colton Hampton Candler Bulloch Endam Montgomery Evans Wheeler Toombs Tanal Bryan Telfair Jeff Davis Apping Coffee Bacon Atkinson Ware Pierce Liberty Long Wayne McIntosh Glynn Brantley Jasper Beaufort Meldrim Chatham Brunswi О Approx. 80 Mile Log Procurement Radius 30 50
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