Company: LPX
Filing Date: 2025-03-27
Form Type: DEF 14A
Source: 0001104659-25-028584
Chunk: 12

Company: LOUISIANA-PACIFIC CORP
Filing Date: 2025-03-27
Form: DEF 14A
Chunk 12
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 Strategic Planning | ​ | ​ | Environmental / Sustainability / Corporate Responsibility | ​ |

LOUISIANA-PACIFIC CORPORATION ● 2025 PROXY STATEMENT | 14

TABLE OF CONTENTS

| ​ | CORPORATEGOVERNANCE | ​ | ​ |     | ​ |

CURRENT BOARD COMPOSITION The following matrices provide information regarding the members of our Board, including demographic information and a summary of certain qualifications and experience possessed by the members of our Board that our Board believes are relevant to our business and industry and provide a range of viewpoints that are invaluable for our Board’s discussions and decision-making processes. The matrices do not encompass all of the qualifications, experiences or attributes of the members of our Board, and the fact that a particular qualification, experience or attribute is not listed does not mean that a director does not possess it. In addition, the absence of a particular qualification, experience or attribute with respect to any of the members of our Board does not mean that the director in question is unable to contribute to our Board’s decision-making process in that area. The type and degree of qualification and experience listed below may vary among the members of our Board. Ms. Embree has been excluded from the matrices and graphs below, as her term will not continue beyond the 2025 Annual Meeting of Stockholders. LOUISIANA-PACIFIC CORPORATION ● 2025 PROXY STATEMENT | 15

TABLE OF CONTENTS CORPORATE GOVERNANCE The Board held four meetings in 2024. While LP does not have a policy regarding attendance by directors at LP’s annual meetings of stockholders, all directors on the Board at that time attended the 2024 Annual Meeting of Stockholders. PRINCIPLES OF CORPORATE GOVERNANCE Strong corporate leadership of the highest ethics and integrity has long been a major focus of LP’s Board and management. The key tenets of LP’s Corporate Governance Guidelines include the following: » The Board elects the director who serves as Chairperson of the Board, who may be the Chief Executive Officer (or “CEO”) or any other director. Currently, the CEO serves as Chairperson of the Board. Pursuant to LP’s Corporate Governance Guidelines, when the positions of Chairperson of the Board and CEO are held by the same person, the Board adopts a counterbalancing governance strategy, pursuant to which a Lead Independent Director is elected annually by the independent directors to preside over executive sessions of the independent directors, facilitate information flow and communications between the directors and the Chairperson of the Board, coordinate the