Investor Presentaiton

LUMBER PRICES Prices reset following recent robust demand pull-through, as expected; now finding support at historically attractive levels NORTH AMERICAN BENCHMARK LUMBER PRICES (US$/MBF) $1,800 $1,600 $1,400 $1,200 $1,000 $800 $600 $400 $200 Mar-17 May-17 Jan-17 INTERFOR Jul-17 Sep-17 Nov-17 Jan-18 Mar-18 May-18 Jul-18 Sep-18 Nov-18 SYP Composite -Hem-Fir Stud #2 2x4 -WSPF Composite Feb-19 Apr-19 Jun-19 Aug-19 Oct-19 Dec-19 Feb-20 Apr-20 Jun-20 Source: Random Lengths (includes prices up to October 29, 2021) Aug-20 Oct-20 Dec-20 Feb-21 Apr-21 Jul-21 Sep-21 12

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