UFP Industries : Q3 2022 Presentation

2022 Investor Relations	Results through
Presentation	September 24, 2022

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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, and projections about the markets we serve, the economy, and the company itself. Words like "anticipates," "believes," "confident," "estimates," "expects," "forecasts," likely," "plans," "projects," "should," variations of such words, and similar expressions identify such forward-looking statements. These statements do not guarantee future performance and involve certain risks, uncertainties and assumptions that are difficult to predict with regard to timing, extent, likelihood and degree of occurrence. The Company does not undertake to update forward-looking statements to reflect facts, circumstances, assumptions or events that occur after the date the forward-looking statements are made. Actual results could differ materially from those included in such forward-looking statements. Investors are cautioned that all forward-looking statements involve risks and uncertainty. Among the factors that could cause actual results to differ materially from forward-looking statements are the following: Fluctuations in the price of lumber; adverse or unusual weather conditions; adverse conditions in the markets we serve; government regulations, particularly involving environmental and safety regulations; and our ability to make successful business acquisitions. Certain of these risk factors as well as other risk factors and additional information are included in the Company's reports on Form 10-K and 10-Q on file with the Securities and Exchange Commission.

Non-GAAP Financial Information: This presentation includes certain financial information not prepared in accordance with U.S. GAAP. Because not all companies calculate non-GAAP financial information identically (or at all), the information herein may not be comparable to other similarly titled measures used by other companies. Management considers adjusted EBITDA and return on invested capital to be non-GAAP alternative performance measures which may provide useful information to investors.

This presentation is the property of UFP Industries, Inc. Any redistribution, retransmission, or reprinting of this presentation in any form without the express written

consent of Universal is strictly prohibited.

2022

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			I N T R O DU CT I O N
		UFP AT A GLANCE			$
1955		15,000+			211		$8.6B	2021 Adjusted
								$835M
Founded in Grand Rapids, MI		Employees worldwide			Facilities worldwide		2021 Net sales	EBITDA

		40%
	Retail - $3.4B	24%	Industrial - $2.1B
	Based on
		2021 Sales
		5%
		31%
	Construction - $2.7B		International - $0.4B

Value-added wood convertor with scale.

Entrepreneurial culture drives investment into value-added adjacencies.2022 Model creates and maintains sustainable, competitive advantages.

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BUSINESS MODEL

LONG-TERM FINANCIAL GOALS

Annual unit sales		Earn incremental	Maintain a
growth of 5-7	10% Adjusted	return on new
conservative capital
percent, including	EBITDA margin	investment
structure
small acquisitions		greater than WACC

2022

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BUSINESS MODEL

INNOVATION AND NEW PRODUCTS

New Products

			$842m
		$540m
	$426m
	10%	10%	10%
$85m	3%

Sales % of Sales	Sales % of Sales	Sales % of Sales	Sales % of Sales
2013	2019	2020	2021

Commodity to value-added transformation.

2022