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Investor Presentaiton

WFP Balanced Approach To Capital Allocation History of paying a regular quarterly dividend 1 Dividend suspended effective November 7, 2023 in response to weaker lumber market conditions and corresponding financial results Disciplined annual capital expenditures - 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 - - - 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 - Renewed 5% NCIB in August 2023 Since 2013 We Have Returned $521 Million To Shareholders Via Dividends And Share Repurchases 33 33
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