CatchMark Timber Trust : 2020 ESG Report - December 23, 2021

ESG

2020

E N V I R O N M E N T A L

S O C I A L

G O V E R N A N C E

2020 CATCHMARK ESG REPORT

OUR ESG MISSION

CatchMark is committed

to incorporating sustainable practices into our operations, seeking to produce beneficial results for all stakeholders - shareholders, customers, suppliers, contractors, employees and neighbors. Environmental, Social and Governance (ESG) initiatives are integrated into every aspect of our business.

2020 CATCHMARK ESG REPORT

T A B L E O F C O N T E N T S

INTRODUCTION AND OVERVIEW		SOCIAL RESPONSIBILITY
About CatchMark	1	Overview	23
Message From Our CEO	3	Human Capital Management	23
Commitment to ESG Best Practices	6	Diversity and Inclusion	24
2021/2022 ESG Ambitions	7	Safe and Healthy Workplace	25
		Public Access	26
ENVIRONMENTAL STEWARDSHIP		Indigenous Peoples	26
Overview	8
Certifications	10	GOVERNANCE BEST PRACTICES
Wildlife - Animals, Plants and Biodiversity	10	Overview	27
Conservation Areas	11	Board of Directors	28
Soil	12	Corporate Governance Guidelines and Policies	29
Water	12	Risk Management	31
Fire	13
Chemical Use	13	APPENDIX
Contractor Training and Certification	14	SASB Disclosure Table	32
Value Chain	14	TCFD Disclosure Table	34
Climate Risks and Opportunities	15	Key Terms/End Notes	35
2020 Carbon Report	17	Forward Looking Statements	36

2020 CATCHMARK ESG REPORT

INTRODUCTION AND OVERVIEW

About CatchMark

CatchMark (NYSE: CTT) seeks to deliver consistent and growing per share cash flow from disciplined acquisitions and superior management of prime timberlands located in high-demand U.S. mill markets. Concentrating on maximizing cash flows throughout business cycles, the company strategically harvests its high-quality timberlands to produce durable revenue growth and capitalizes on proximate mill markets, which provide a reliable outlet for merchantable inventory. Headquartered in Atlanta and focused exclusively on timberland ownership and management, CatchMark began operations in 2007. As of December 31, 2020, CatchMark wholly-owned 390,100 acres of timberlands in the U.S. South, 18,100 acres in Oregon and held interests in another 1.1 million acres through joint ventures.

PRIME QUALITY	HIGH-DEMAND	SUPERIOR
TIMBERLANDS	MILL MARKETS	MANAGEMENT
Acquiring and owning	Expanding acquisition	Optimizing results through
prime timberlands through	activity and harvest	superior management, which
prudent and disciplined	operations in leading mill	historically has produced
allocation of capital	markets in the U.S. South,	industry-leading productivity
	the nation's premier	on a per-acre basis, and
	timber basket	the value realization of
		environmental initiatives

STRATEGIC FOCUS DRIVES STABLE AND PREDICTABLE CASH FLOW

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INTRODUCTION AND OVERVIEW | 2020 CATCHMARK ESG REPORT

OUR TIMBERLANDS

Acreage as of December 31, 2020

Wholly-Owned U.S. South

	Alabama		69,200
	Florida		500
	Georgia		250,700
	South Carolina		69,700
	Wholly-Owned U.S. Pacific Northwest (PNW)
	Oregon		18,100
	Total Wholly-Owned		408,200
			2019				2020
		U.S. South	U.S. PNW	Overall	U.S. South	U.S. PNW	Overall
Acres Owned	392,100	18,100	410,200	368,400	18,100	386,500
Acres Leased	25,300	-	25,300	21,700	-	21,700
Total Acres1	417,400	18,100	435,500	390,100	18,100	408,200
Seedlings Planted	11,064,394	88,630	11,153,024	8,989,266	165,760	9,155,026
Harvested Volume (tons)	2,174,677	68,396	2,243,073	2,198,421	122,942	2,321,363
Harvested Acres	18,392	296	18,688	21,342	660	22,002
Acres Certified by SFI (%)2	100%	100%	100%	100%	100%	100%
Merchantable Timber (tons)	17,888,981	688,489	18,577,470	16,022,615	600,712	16,623,327
Acres with Protective Conservation Status	13,485	-	13,485	13,485	-	13,485
Acres of Potential Endangered Species Habitat	101	93	194	101	93	194
Miles of Protected Streams	-	36.38	36.38	-	36.38	36.38
Acres Leased for Recreation Purpose (%)	100%	35%	97%	100%	22%	97%

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