Weyerhaeuser (WY) Investor presentation summary

Strategic vision and growth targets

• Aims to add $1.5 billion in incremental Adjusted EBITDA by 2030, measured against a 2024 baseline, through growth initiatives across Timberlands, Strategic Land Solutions, Wood Products, and enterprise initiatives.

• Maintains a cash return target of 75-80% of Adjusted Funds Available for Distribution (FAD) to shareholders annually.

• Focuses on operational excellence, innovation, and sustainability as foundational strengths.

• Accelerated growth strategy leverages unmatched portfolio and industry-leading performance.

Portfolio and operational highlights

• Largest private owner of timberlands in North America, with over 10 million acres in the U.S. and 13 million acres licensed in Canada.

• Operates 33 manufacturing facilities and 22 distribution centers, with recent expansions in key U.S. markets.

• Integrated model maximizes value from proprietary seedlings to climate solutions and real estate development.

• Peer-leading scale and delivered log model enable higher margins and flexibility across market cycles.

Financial performance and capital allocation

• Achieved over $1.2 billion in high-quality acquisitions and divested ~$850 million in non-core timberlands from 2022-2025.

• Returned more than $6 billion in total cash to shareholders from 2021-2025, with annual base dividend increases exceeding 5%.

• Maintains investment grade credit ratings and targets a leverage ratio of 3.5x net debt to Adjusted EBITDA.

• Capital expenditures are targeted at $400-450 million annually through 2030, excluding major facility investments.