Slide 1: Q4 and Year-End 2024 Financial Results
Q4 and Year-End 2024 Financial Results February 27, 2025
Slide 2: Forward Looking Information & Non-GAAP Measures
FORWARD LOOKING INFORMATION & NON- GAAP MEASURES This presentation contains certain statements that are forward-looking, including comments with respect to the Company's objectives, strategies, targets and expectations. The reader is cautioned not to place undue reliance on these statements since a
Slide 3: 2024 Highlights and Achievements
2024 HIGHLIGHTS AND ACHIEVEMENTS SALES BY PRODUCT CATEGORY (in millions of $) Highlights: • Total sales of $3,469 million, up 5% from 2023 • 8% infrastructure sales growth • Operating income of $503 million $3,469 • EBITDA(1) of $633 million, or 18.2% margin(1) from $608 million in 2023 • Strong ope
Slide 4: A Focus on Sustainability
A FOCUS ON SUSTAINABILITY Solar panel installation in Cameron, Wisconsin 4
Slide 5: Product Category Overview
PRODUCT CATEGORY OVERVIEW UTILITY RAILWAY INDUSTRIAL RESIDENTIAL LOGS & POLES TIES PRODUCTS LUMBER LUMBER 49% of Sales 26% of Sales 4% of Sales 18% of Sales 3% of Sales • Sales of $1,705 million • Sales of $890 million • Sales of $154 million • Sales of $614 million • Sales of $106 million • Expecte
Slide 6: Q4 2024 and Year-End Financial Performance
Q4 2024 AND YEAR-END FINANCIAL PERFORMANCE (in millions of Canadian dollars, except per share data and margins) Q4-24 Q4-23 FY 24 FY 23 Sales 730 688 3,469 3,319 Operating income 81 89 503 499 Operating income margin(1) 11.1% 12.9% 14.5% 15.0% EBITDA(1) 115 120 633 608 EBITDA margin(1) 15.8% 17.4% 1
Slide 7: Disciplined Capital Allocation Strategy
DISCIPLINED CAPITAL ALLOCATION STRATEGY $408M Investment-grade capital allocation strategy allows pursuit of growth opportunities while returning capital to shareholders. 2024 Operating Cashflow $348M New NCIB Return to Inaugural Program Shareholders $400M, 7-Year 2023-2024 Commitment Senior Notes R
Slide 8: Positive Outlook
POSITIVE Well Positioned for 2025: • Optimized operating model to maximize efficiencies OUTLOOK • • Strong demand drivers for Utility Poles product category Poised to leverage competitive advantages for Railway Ties product category • Value-based service model expected to drive Residential Lumber gr
Slide 9: www.stella-jones.com
www.stella-jones.com www.stella-jones.com Stella-Jones Stella-Jones Stella-Jones Stella-Jones Stella-Jones