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We Own Timberlands in Seven States
1 | Acres in thousands; as of December 31, 2022.
Our Idaho Timberlands are Highly Profitable and Productive
PCH Timberlands Significantly Outperform Average Inland Northwest Timberlands
1 | EBITDDA is a non-GAAP measure; reconciliation to GAAP and definition can be found in the financial performance and appendix sections; WY EBITDDA obtained from public filings.
Our Legacy Operations are Naturally Hedged in the U.S. South
PCH Sawlog Consumption vs. PCH Sawlog Sales
The Hedge is Important Because Our Legacy Southern Sawlog Prices Remain Below Trend Levels
Southern Pine Sawtimber Stumpage Price vs Lumber Production
1 | Source: USDA, WWPA, Timber Mart-South.
Sawmill Capacity Additions are Tightening Our Legacy Log Markets
Central South Capacity Additions Since 2017
1 | Source: ERA Forest Products Research.
Log Markets are Already Tight for Timberlands Acquired in the CatchMark Merger
Catchmark Capacity Markets
1 | Source: FORISK.