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Investor Presentaiton

October 12, 2021 MDF WOOD BOARDS (P$6.1 PER SHARE) MDF boards are used for furniture, cabinets, flooring, and interior design projects. Through an industrial process, wood is broken down into fiber that is then compressed together using glue and heat. The end product is seamlessly-looking boards that are resistant, solid, and easy to work with. This allows for the use of paint and thermally fused melamine, i.e. value-added paper overlays, which add a look of design and beauty. Mexico's demand for MDF: 852,000 m3 in 2019 (+5.3% 2016-2019 CAGR), based on company estimates. In our view, increased MDF consumption is explained by its qualities, both aesthetic and physical, that make it stand out against particle boards (PB) as a better-looking and more resistant material. Mexico's MDF Consumption - Thousand m³ 2019 Market Share 900 730 CAGR 5.3% 600 300 0 2016 Source: Company estimates Natural Boards 8% 0 10 20 852 20 30 40 40 50 50 60 60 70 80 90 100 22% 42% 22% 14% 750k m³ 4% Value-Added Boards 0% 2019 0 10 20 20 30 40 50 60 70 80 90 100 26% 56% 8% 10% 102k m³ ⑪ TECNOTABLA Arauco (Company) Imports Others by PROTEAK Source: Company estimates GBM TEAK: AFTER ALL, MONEY DOES GROW ON TREES. | 18
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