Investor Presentation

Rayonier ESG Highlights SOCIAL ENVIRONMENTAL co 14.7MM METRIC TONS OF CARBON SEQUESTERED Equal to removing 3.2MM cars from the road CO 347,809 METRIC TONS OF CARBON EMITTED Scope 1, 2, and 3 emissions >90% ACCIDENT-FREE Worksites in the U.S. M35% REDUCTION YOY Lost Time Incident Rate 34.8MM SEEDLINGS PLANTED IN 2021 Replanting harvested timber PROTECTING WILDLIFE 35-year Safe Harbor Agreement signed in Washington to protect the Marbled Murrelet THIRD-PARTY STANDARD CERTIFICATION 99% New Zealand timberlands & 96% U.S. timberlands are certified to third-party standards M16% REDUCTION YOY Total Recordable Incident Rate 50% REDUCTION YOY New Zealand truck driver injuries PROTECTING WATER Private Forest Accord signed in Oregon to enhance protection of water streams SUSTAINABLE O HARVESTING 95,000 acres harvested= 3.5% of total acreage 19% INCREASE YOY Female leadership positions >4,000 HOURS Employee training development COMMUNITY GIVING $374K USD and $152K NZD donated to support local communities COLLABORATOR OF THE YEAR Named Pacific Education Institute's FieldSTEM Community Collaborator of the Year Washington GOVERNANCE 200° 60% Rayonier DIVERSE Board Diversity * >75% DIRECTOR NOMINEES ANNUAL BONUS PROGRAM * 9 of 10 are independent * MEETING ATTENDANCE Director Attendance Incorporates ESG initiatives COMMITTEE CHAIRS 2 of 3 are chaired by women Note: All metrics reflect the year ended December 31, 2021 (per most recent sustainability report) unless otherwise noted. *Reflects the addition of a 10th director in November 2022. ESG OVERSIGHT Responsibility of Nominating and Corporate Governance Committee 9 Investor Presentation | March 2023

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