Company: LPX
Filing Date: 2025-03-27
Form Type: DEF 14A
Source: 0001104659-25-028584
Chunk: 45

Company: LOUISIANA-PACIFIC CORP
Filing Date: 2025-03-27
Form: DEF 14A
Chunk 45
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 ​ | Chairperson of the Board and Chief Executive Officer (CEO) | ​ | ​ | Executive Vice President, Chief Financial Officer (CFO) | ​ | ​ | Executive Vice President, General Manager, Siding | ​ | ​ | Executive Vice President, General Manager, OSB | ​ | ​ | Senior Vice President, General Counsel and Corporate Secretary | ​ |

SECTION I: 2024 BUSINESS AND FINANCIAL HIGHLIGHTS LP’s performance during 2024 is summarized below, with comparisons to 2023 performance as noted: » Consolidated net sales increased by 14% to $2.9 billion » Siding net sales increased by 17% to $1.6 billion, due to 11% higher sales volumes and 6% higher selling prices » OSB net sales increased by 15% to $1.2 billion, due to 10% higher sales volumes and 4% higher selling prices » Net income was $420 million, a year-over-year increase of $243 million » Net income per diluted share was $5.89 per diluted share, a year-over-year increase of $3.43 per diluted share » Adjusted EBITDA* was $688 million, a year-over-year increase of $210 million » Adjusted Diluted EPS* was $5.88 per diluted share, a year-over-year increase of $2.66 per diluted share » Cash provided by operating activities increased by $289 million to $605 million » Paid $183 million in capital expenditures » Returned $286 million of capital to stockholders through quarterly cash dividends and share repurchases » Liquidity as of December 31, 2024 consisted of $340 million in cash and $550 million of undrawn capacity under the revolving credit facility * Adjusted EBITDA and Adjusted Diluted EPS are non-GAAP financial measures. Please refer to pages 36-38 of LP’s Annual Report on Form 10-K for the year ended December 31, 2024 for a description and reconciliation of these non-GAAP financial measures.

LOUISIANA-PACIFIC CORPORATION ● 2025 PROXY STATEMENT | 42

TABLE OF CONTENTS COMPENSATION OF EXECUTIVE OFFICERS The following charts (i) outline LP’s performance using key metrics: Net sales, Adjusted EBITDA, Adjusted Diluted EPS and Operating Cash Flow, and (ii) demonstrate LP’s TSR compared to certain published indices and LP’s 2024 compensation peer group based on an initial