Investor Presentation
Rayonier's Strategic Priorities
MANAGE FOR
LONG-TERM
■
Design harvest strategy to achieve long-term, sustainable yield
■
Balance biological growth, harvest cash flow and responsible stewardship
VALUE
ACQUIRE
HIGH-QUALITY
TIMBERLANDS
■ Pursue acquisitions that improve portfolio quality and sustainable yield
■ Maintain disciplined approach to acquisitions, minimize HBU speculation
OPTIMIZE
PORTFOLIO
VALUE
FOCUS ON
QUALITY OF
EARNINGS
BEST-IN-CLASS
STEWARDSHIP &
DISCLOSURE
Opportunistically monetize lands where premium valuations can be achieved
■ Pursue value creation activities on select properties to enhance long-term value
■ Focus on harvest operations and rural land sales to support dividends
De-emphasize sale of "non-strategic" timberlands to augment cash flow
Develop and integrate robust ESG policies and best practices
■ Establish Rayonier as industry leader in transparent disclosure
Rayonier
Investor Presentation | March 2020View entire presentation