PotlatchDeltic (PCH) EGM 2026 summary

Opening remarks and agenda

• The meeting was called to order virtually to approve specific proposals outlined in the proxy materials.

• Management and board members, including the CEO, CFO, and General Counsel, were introduced as proxies for the meeting.

• The Inspector of Election was appointed and sworn in to oversee voting and report results.

• Confirmation was given that a quorum was present, allowing the meeting to proceed.

Specific resolutions to be voted on

• Proposal One: Approval of the merger agreement with Rayonier Inc. and Redwood Merger Sub LLC.

• Proposal Two: Advisory vote on compensation for named executive officers in connection with the merger.

• Proposal Three: Adjournment proposal, which was not presented due to the approval of the merger agreement.

Discussions on mergers, acquisitions, or other significant changes

• The merger agreement involves PotlatchDeltic merging into Redwood Merger Sub LLC, a subsidiary of Rayonier Inc., with Redwood Merger Sub LLC as the surviving entity.