Slide 1: Investor Relations Presentation: Deckorators Voyage Decking
1 INVESTOR RELATIONS PRESENTATION Deckorators Voyage Decking Results through June 27, 2026 with Surestone Technology
Slide 2: Forward-looking statements and non-GAAP information
UFP INDUSTRIES, INC. Please be aware that statements included in this presentation that are not historical are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act, as amended, and are based on management’s beliefs, assumptions, current expectations, estimates,
Slide 3: No mission statement. Just people on a mission.
The operating segments of UFP Industries – UFP Packaging, UFP Construction and UFP Retail Solutions – convert 6% of North American softwood lumber, manufacturing and selling a wide variety of value-added products used in residential and commercial construction, outdoor living, packaging and other in
Slide 4: 5 Year Performance
4 UFP Industries is focused on driving above market growth and compounding margins higher over time while maintaining best-in-class ROIC. 5 YEAR PERFORMANCE* ~ 10% ~3% ~170bps ~24% ~13% Average Annual Expansion in Average Annual Average Annual Average Annual Unit growth adjusted EBITDA ROIC TSR Grow
Slide 5: Scale advantage as largest converter of softwood lumber
5 UFP has built-in scale advantage as the largest converter of softwood lumber in fragmented North American market IMPROVEMENTS 19.4B board feet INDUSTRIAL $2.4B 11.2B board feet $1.6B CONSTRUCTION 19.2B board feet $2.0B TOTAL SOFTWOOD CONSUMPTION BY END UFP 2025 REVENUE BY BUSINESS MARKETS* SEGMENT
Slide 6: UFP at a Glance
UFP AT A GLANCE 1955 ~15,000 201 $6.2B $513.1M Founded in Grand Employees Facilities Q2 2026 TTM Q2 2026 TTM Rapids, MI worldwide worldwide Net Sales Adjusted EBITDA Business segments and markets Based on Q2 2026 TTM Net Sales $2.4B $1.6B Big box, independents, & buying co-ops Industrial manufacture
Slide 7: Where We Are
WHERE WE ARE 1 178 1 1 8 6 6 201 Locations 7 Countries 7
Slide 8: Business model provides sustainable competitive advantages
BUSINESS MODEL PROVIDES SUSTAINABLE COMPETITIVE ADVANTAGES Scale through Incentives Aligned Commitment To Culture Structure Diversification With Shareholders Innovation As North America’s largest Each of our 201 operations Teamwork, accountability, buyer of softwood lumber, While in its early stages
Slide 9: Financial Goals, Objectives and Strategies
FINANCIAL GOALS, OBJECTIVES AND STRATEGIES FINANCIAL GOALS OBJECTIVES STRATEGIES STRATEGIES • New Customers and Verticals • Dynamic Pricing • Capacity Expansion / Unit Sales Growth 7-10% CAGR Above Market Organic Growth Greenfield Investments Investments in Higher Margin • New Products / Alternative
Slide 10: Value-Added Sales
VALUE-ADDED SALES Value-added as a percent of sales Commodity Value-added EBITDA Margin 69% 68% 68% 59% 60% 41% 40% 31% 32% 32% 9.7% 8.9% 8.2% 7.2% 3% 2013 2011 2019 2021 2025 Q2 2026 TTM PalletOne and Spartanburg Forest Products acquisitions Value-added products improve mix, raise adjusted EBITDA m
Slide 11: Alternative Materials Manufacturing Growth
11 ALTERNATIVE MATERIALS MANUFACTURING GROWTH Investments in value-added adjacencies add to TAM Core/Historical Current state/Future scaling growth via capex and M&A CONSTRUCTION Wood Components Light Gauge Metal Components Aluminum Balconies and accessories RETAIL Pressure-Treated Lumber Deckorator
Slide 12: Innovation and New Products; UFP Venture Fund
INNOVATION AND NEW PRODUCTS UFP VENTURE FUND In 2022 we launched our In 2023 we started the Innovation Accelerator to: UFP Venture Fund to: Spur external growth through Bring new products and services to late-stage development and early-stage market faster commercialization opportunities Empower ent
Slide 13: Business Segments
BUSINESS SEGMENTS Q2 2026 TTM Net Sales Q2 2026 TTM Net Sales Q2 2026 TTM Net Sales Site Built $658 Million ProWood Group Structural Packaging $2.0 Billion $1.0 Billion Factory Built $800 Million Deckorators PalletOne $2.4B $328 Million $1.6B $524 Million $1.9B Commercial $276 Million UFP Edge Prote
Slide 14: Retail Solutions: Treated & Deck Specialties, Fence, Lawn & Garden
TREATED & FENCE, LAWN BUILDING DECK SPECALTIES & GARDEN MATERIALS Wood- and mineral-based Premium siding, Pressure-treated lumber, Wood and vinyl fence, ProWood FR, project panels, composite decking, railing pattern, trim; interior decking, handrail, stairs, planters, garden beds, short boards & dim
Slide 15: Packaging: Structural, PalletOne, Protective
Structural Packaging PalletOne Protective Packaging Wood, steel, foam and corrugated for mixed material crates Machine-built pallets; design, Corrugated conversion, stretch/shrink films, labels, and specialty containers; hard cases, lumber processing, engineering and testing strapping, hardware and
Slide 16: Construction: Site-Built, Factory-Built, Commercial, Concrete Forming
Site-Built Factory-Built Commercial Concrete Forming Roof trusses, wall panels, floor Floor, wall and roof panels, cabinet Turnkey project management of Offsite prefabrication of value-add systems and framing services for components, countertops and consumer environment and formwork, aluminum horizo
Slide 17: Segment Demand and Forward Outlook
SEGMENT DEMAND AND FORWARD OUTLOOK MACRO DRIVERS • Repair and remodel activity • PMI • Affordability challenges remain • Aged housing stock • Durable Goods • Housing shortage • Housing turnover • Industrial Production • Mortgage rates • Home equity at historic highs, • Demand decrease across most •
Slide 18: Sustainability Continuum
SUSTAINABILITY CONTINUUM We believe profitability, asset values and shareholder return are optimized by acting responsibly, and that our investors experience higher sustainable returns when we support our customers, employees and communities. Our views on ESG and maintaining a sustainable enterprise
Slide 19: Financials
FINANCIALS @§) UFP INDUSTRIES
Slide 20: Our Performance
OUR PERFORMANCE Net Sales Adjusted EBITDA Adjusted EBITDA Margin $ in Millions 2019 6% (1)% (3)% (3)% 2023 (9)% (26)% (16)% (17)% (9)% 19% 2024 $4,416 $7,218 $6,652 $6,320 $6,234 $317 $810 $682 $564 $513 7.2% 11.2% 10.3% 8.9% 8.2% Net Earnings (ACI) ROIC Capital Resources 2025 Liquidity Q2 2026 TTM
Slide 21: Managing Lumber Market Risk
MANAGING LUMBER MARKET RISK 45% 45% 39.9% 39.9% Level of lumber prices does 40% 40% not drive profitability 34.5% Lumber Market Volatility* 35% 35% Adjusted EBITDA Margin 30% 30% Sequential trends impact 25% 25% profit per unit 20% 17.0% 20% Balanced mix of variable and fixed- 15% 11.4% 15% 11.2% 10
Slide 22: Net Sales
NET SALES (in millions) UFP Consolidated UFP Retail Solutions $7,218 $6,652 $6,320 $6,234 $2,956 $2,598 $2,434 $2,388 $4,416 $1,499 6% (1)% (3)% (3)% 10% 5% (9)% 10% (6)% (7)% (7)% (7)% (1)% (3)% (3)% (10)% (6)% (7)% (7)% (7)% 2019 2023 2024 2025 Q2 2026 TTM 2019 2023 2024 2025 Q2 2026 TTM UFP Packa
Slide 23: Adjusted EBITDA
ADJUSTED EBITDA (in millions) UFP Consolidated UFP Retail Solutions $810 $221 $682 $208 $564 $164 $163 $513 8.5% $317 11.2% 7.0% 6.8% 6.8% 10.3% 8.9% $75 8.2% 7.2% 5.0% 2019 2023 2024 2025 Q2 2026 TTM 2019 2023 2024 2025 Q2 2026 TTM UFP Packaging UFP Construction $272 $244 $208 $159 $158 13.3% $136
Slide 24: Adjusted EBITDA and Unit Sales Growth
ADJUSTED EBITDA AND UNIT SALES GROWTH UFP Consolidated UFP Retail Solutions 60% 60% 40% 40% Percent Growth 19% 10% Percent Growth 20% 20% 6% (1)% (7)% (1)% 0% (3)% 0% 18% (4)% 6% (9)% (3)% (16)% (9)% (6)% (7)% -20% (26)% -20% (7)% (17)% -40% (26)% -40% 2019 2023 2024 2025 Q2 2026 2019 2023 2024 2025
Slide 25: Balanced Use of Free Cash Flow
BALANCED USE OF FREE CASH FLOW Free Cash Flow and Capital Allocation (in millions) Acquisitions to contribute half of our total long-term annual unit sales growth Free cash flow Dividends $3 CapEx plan of $175M to $200M in 2026 Share buybacks $288 $18 $5 Expansionary & efficiency capex $164 $124 Opp
Slide 26: Return on Invested Capital
RETURN ON INVESTED CAPITAL 30% 25% 22.2% 20% 18.3% 14.9% Percent 15% Hurdle Rate = 15% 13.2% 9.9% 10% WACC = 10% 5% 0% 2019 2023 2024 2025 Q2 2026 TTM We continue to invest through the cycle in high-return, high-margin greenfield opportunities, new product development, and building brand awareness a
Slide 27: Recent Acquisitions
RECENT ACQUISITIONS Process Purpose Goal Identify attractive growth runways in Find new products and services to Achieve scale and synergy targets to each Business Unit under each Business speed our transformation from optimize growth, margins and returns. Segment and identify gaps in our commodity
Slide 28: Capital Structure
CAPITAL STRUCTURE Net Debt to Total Capitalization Net Debt to Adjusted EBITDA vs Maximum Target vs Maximum Target 45% 2.5 40% 35% 2.0 30% 1.5 Percent 25% 20% 1.0 15% 10% 0.5 5% 0.0% 0.0% 0.0% 0.0% 0.0% - - - - - 0% 0.0 2019 2023 2024 2025 2026 TTM 2019 2023 2024 2025 2026 TTM Net Debt to Total Capi
Slide 29: Stock Performance
STOCK PERFORMANCE Long-term returns on UFPI stock are consistently above the proxy peers and major market indices Annualized Stock Return 40% 33.4% 30% 20% 16.9% 10.9% Annual % Return 10.8% 10% 7.6% 8.8% 9.1% 4.5% 9.0% 5.7% 0% -2.4% 1.9% -10.8% -4.2% -10% -20% -18.3% -30% 1 Year 3 Year 5 Year 10 Yea
Slide 30: Quarterly Results
QUARTERLY RESULTS @) UFP INDUSTRIES
Slide 31: Net Sales Q2 2026
NET SALES Q2 2026 (in millions) UFP Consolidated UFP Retail Solutions $1,835 $1,883 $788 $819 $1,560 $1,461 $1,330 $594 3% $531 $444 1% (3)% (4)% 1% (7)% (6)% (3)% (7)% (7)% (1)% (4)% (13)% (13)% (7)% (6)% (7)% (7)% (13)% (13)% Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Slide 32: Adjusted EBITDA Q2 2026
ADJUSTED EBITDA Q2 2026 (in millions) UFP Consolidated UFP Retail Solutions $64 $64 $174 $155 $140 $111 $40 $107 $35 9.5% 9.0% 8.1% 7.8% 8.1% 8.2% $25 7.6% 6.7% 6.6% 5.5% Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 UFP Packaging UFP Construction $39 $45 $42 $34 $3
Slide 33: Thank You
THANK YOU 2801 E. Beltline Ave. NE Grand Rapids, MI 49525 (800) 598-9663 - UFPI.com 33