Investor Presentaiton

Margin Strategy / Fibre And Processing Flow Chart Standing Timber Log Availability Margin Decision WFP Market Segments Diverse and Unique Species Mix Log Markets Domestic Log Markets Hemlock / Balsam Allowable Annual Cut (1) (AAC) For Logs ~5.9 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 Spruce Raw Inputs + Log Purchases (2)(3) (~1.2 million m³) (1) As of December 31, 2022 (2) Annual average from 2015 to 2022, including strike impacted 2019 and 2020 (3) B.C. log purchases Lumber Segments Cedar Internal Log Consumption Japan Specialty Industrials ~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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