Information in regards to corporate action affecting ordinary shares of Rayonier Inc. (RYN)

On December 2, 2024, Rayonier Inc. declared a special dividend of $1.80 per common share, consisting of a combination of cash and the Company's common shares payable on January 30, 2024 to shareholders of record at the close of business on December 12, 2024. Rayonier Inc. shareholders will have the option to elect to receive dividend all in cash or all in common shares. For more details, please, refer to the company’s website.

ITS Ltd. will publish separate notices on the procedures undertaken by ITS Ltd. to process this corporate action outlining how trading in these qualified investments will be carried out.