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Investor Presentaiton

Diverse and Unique Species Mix Margin Strategy / Fibre And Processing Flow Chart Standing Timber Log Availability Margin Decision WFP Market Segments Log Markets Domestic Log Markets Hemlock / Balsam Allowable Annual Cut (1) (AAC) For Logs ~5.8 million m3 External Log Sales ~34% of Logs Sold (by volume)(2) Export Log Markets Pulp Log Markets Western Red Cedar Douglas Fir Yellow Cedar + Log Purchases (2)(3) (~1.2 million m³) Internal Log Consumption Lumber Segments Cedar Japan Specialty Industrials Spruce Raw Inputs (1) As of Sept 30, 2023 (2) Annual average from 2015 to 2022, including strike impacted 2019 and 2020 (3) B.C. log purchases ~66% of Logs Processed at WFP sawmills and custom cut division (2) Commodity Timber Resource Is Directed To Highest Margin Opportunity Finished Products/Sales 37
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