Investor Presentaiton

Sector Overview Product Manufacturing Recovery since 2009 has been strong, but not back to previous highs. $2,500,000,000 ■Wood products $2,000,000,000 ■Pulp & Paper ■Primary products Total exports in 2016 were $1.7 $1,500,000,000 billion, with 61% in pulp and paper, 37% in wood products, and 2% in primary wood. Since 2009, wood products. ↑138%, and pulp and paper ↑3%. Source: Statistics Canada Trade Data Online. $1,000,000,000 $500,000,000 is 2008 2009 2010 2016

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