Investor Presentaiton

RECENT CAPITAL ALLOCATION Balanced approach to recent capital deployment initiatives Internal Growth Multi-year strategic capital program; total capex spend of approx. $170 MM in 2021 and $200- 250 MM in 2022 External Growth Disciplined lumber-focused M&A; Acquisition from WestRock in Q1- 2021 & acquisition from Georgia- Pacific in Q3-2021 INTERFOR Opportunistic Buybacks NCIB authorized in Nov 2020 for up to 10% of float; repurchased entire authorization @ $27/share or 1.03x book value through the end of Sep'21; NCIB renewed for 10% in Nov 2021 Special Dividend $2/share special dividend paid on June 28'21; Announced on May 12'21, paid to shareholders of record on May 28'21 INTERFOR 29 29

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