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Investor Presentaiton

October 12, 2021 CORPORATE STRUCTURE AND OWNERSHIP Proteak Uno Pro Eucalipto Holding Tacotalpa JV Comefor 88.8% No entity has a stake above 10%. Ownership 70% Institutional Investors 50% GBM PROTEAK 2000 Proteak is founded 000 First 182 ha. of teak planted 2002 2006 First FSC certification 100% IPO and acquisition of mature plantations in Costa Rica and Colombia 2010 קוד 2011 First time using clonal seeds 20% 10% Market Cap: US$100 Million 000 TIT First time exporting teak to Asia 2012 Free Float Insiders • Proteak Uno: Holding company. It directly owns the teak hectares (ha). • Pro Eucalipto Holding (PH): It owns the eucalyptus plantations, the MDF mill, and the commercial business, as well as the cogeneration plant, which generates 238 GWh of electricity and 116 GWh of heat per year for the mill. Proteak holds an 88.8% stake, while the remainder is owned by FINNFUND, a Finnish development fund. . Tacotalpa JV: It holds 1,160 ha. of teak planted in the Mexican state of Tabasco. We estimate these plantations will reach their final harvest in 2033. It has been described to us as the 'crown jewel" of the company. The other 50% is owned by Impulsora Agrícola Chichitle. 44 • Comefor: Established in 2007 to sell timber from thinning. It is the subsidiary that hires some of Proteak's employees. Buys eucalyptus plantations 2013 from FOMEX FINSA, Spain-based wood boards firm, acquires stake in TEAK 2015 MDF mill starts production 2016 and 245,000 carbon credits are issued Mill starts production of value-added boards 2017 2018 25% market shared reached in the MDF market TEAK: AFTER ALL, MONEY DOES GROW ON TREES. | 5
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