Investor Presentaiton

M&A STRATEGY Accelerating our transformation from commodity to specialty "Addition by Subtraction" Sold EWP - Following Houlton's LP® SmartSide® conversion ■ Closed Entekra – Non-core • Recent facility acquisitions include Watkins (LP® FlameBlock®), Green Bay (LP® ExpertFinishⓇ), and Wawa (future Siding capacity) • Skeptical of "third leg of the stool" add-ons • Willing to take on structural debt for the right acquisition LP BUILDING PAGE 44 SOLUTIONS

View entire presentation