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Investor Presentaiton

LUMBER DEMAND Relatively stable R&R & industrial demand, with upside leverage to housing NORTH AMERICAN LUMBER DEMAND BY END-USE (BBF) Domestic Residential Repair & Remodel (R&R) â– Domestic Industrial/Commercial Domestic Residential New Home Construction Offshore Exports 80 70 60 50 40 30 20 10 10 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 INTERFOR Source: Forest Economic Advisors (FEA) 13
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