Weyerhaeuser Company (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 all business segments and enterprise initiatives.

• Targets industry-leading total shareholder return by 2030, with a focus on operational excellence, innovation, and sustainability.

• Maintains a cash return target of 75-80% of Adjusted Funds Available for Distribution (FAD) annually through dividends, share repurchases, and supplemental dividends.

• Accelerated growth strategy leverages unmatched portfolio, disciplined capital allocation, and foundational strengths.

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 21 distribution centers, with recent expansions in Spokane, WA and Billings, MT.

• Integrated model maximizes value at every step, from proprietary seedlings to optimized harvesting, logistics, and product distribution.

• Peer-leading scale and market access in both western and southern timberlands, with significant export capabilities, especially to Japan and Asia.

Financial performance and capital allocation

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

• Returned more than $6 billion to shareholders from 2021-2025, including increased base dividends and share repurchases.

• Maintains an investment grade credit rating, with a net debt to Adjusted EBITDA target of 3.5x and a well-laddered, mostly fixed-rate debt profile.

• Programmatic capital expenditures average $400-450 million annually through 2030, excluding major investments like the Monticello EWP facility.