Investor Presentaiton slide image

Investor Presentaiton

Recently Announced Strategic Capital Investments $29 million of strategic capital investments to support: - - Value-added manufacturing Grow value-added wood products business - Improve long-term competitiveness Investment projects underway - All projects remain on budget and on track for 2023 completion WFP Strategic Capital Investments Include: $12.3 million $7.9 million ■ New continuous kiln at our Saltair sawmill Increased capacity for continuous drying of lumber ■ Will reduce energy consumption Optimize the centralized planer at Duke Point facility ■ New equipment, including a machine stress rated ("MSR") lumber grading machine - $14.5 million spent as of March 31, 2023 $8.3 million ■ Other capital investments in our B.C. operations ■ New kiln control systems at our Saltair sawmill and Value-Added Division ■ Support increasing supply of kiln dried finished products for customers Investing In B.C. Operations To Support Value-Added Manufacturing 29 29
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