Investor Presentaiton

TOP TIER RETURN ON CAPITAL 80% 70% Strategic capex plan and other capital deployment are having an impact EBIT RETURN ON CAPITAL EMPLOYED (%) 60% 50% 40% 30% 20% 10% 0% Peer #1 INTERFOR = 74% = 69% Peer #2 = = 55% -10% 2016 2017 2018 2019 2020 2021 YTD INTERFOR (1) Based on public filings; peers include West Fraser and Canfor 26 26

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