Investor Presentaiton
WFP
Balanced Approach To Capital Allocation
History of paying a regular quarterly dividend
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Dividend suspended effective November 7, 2023 in response to weaker lumber
market conditions and corresponding financial results
Disciplined annual capital expenditures
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Approximately $30 to $40 million per year in annual maintenance of business and
road capex
Maintain financial flexibility for strategic capex and growth opportunities
Internal and external opportunities
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Projects and jurisdictions that create the opportunity to grow long-term shareholder
value
Need to achieve desired internal return hurdles
Complement return of capital to shareholders with share repurchases
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Renewed 5% NCIB in August 2023
Since 2013 We Have Returned $521 Million
To Shareholders Via Dividends And Share Repurchases
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