Rayonier Inc. REIT – Material Contracts Watch

from 10-K 2 pages November 5, 2025 Chris Corr 1 Rayonier Way Wildlight, Fl 32097 Re: Retention Award Dear Chris

from 10-K 3 pages Amendment Number Three Rayonier Investment and Savings Plan for Salaried Employees

from 10-K 19 pages Rayonier Inc. Supplemental Savings Plan

from 10-K 2 pages Rayonier 2026 Performance Share Award Program

from 8-K 18 pages Second Amended and Restated Guarantee Agreement

from 10-Q 2 pages November 5, 2025 April Tice 1 Rayonier Way Wildlight, Fl 32097 Re: Retention Award Dear April

from 10-Q 14 pages Amended and Restated Guarantee Agreement

from 8-K 13 pages This Letter (This “Letter Agreement”) Memorializes Our Recent Discussions and Agreement Concerning Your Expected Positions With Rayonier Inc. (The “Company”) Following the Completion of the Merger (The “Merger”) Contemplated by the Agreement and Plan of Merger Between the Company, Redwood Merger Sub, LLC and Potlatchdeltic Corporation (“Potlatchdeltic”), Dated as of October 13, 2025 (The “Merger Agreement”). if the Merger Agreement Is Terminated for Any Reason Without the Completion of the Merger or if Your Employment With Potlatchdeltic Terminates for Any Reason Before the Closing of the Merger (The “Closing”), This Letter Agreement Will Be Null and Void Ab Initio and of No Further Force and Effect. 1. Termination of Employment; Executive Chairman Role

from 8-K 8 pages This Letter (This “Letter Agreement”) Memorializes Our Recent Discussions and Agreement Concerning Your Expected Positions With Rayonier Inc. (The “Company”) Following the Completion of the Merger (The “Merger”) Contemplated by the Agreement and Plan of Merger Between the Company, Redwood Merger Sub, LLC and Potlatchdeltic Corporation, Dated as of October 13, 2025 (The “Merger Agreement”). if the Merger Agreement Is Terminated for Any Reason Without the Completion of the Merger or if Your Employment With the Company Terminates for Any Reason Before the Closing of the Merger (The “Closing”), This Letter Agreement Will Be Null and Void Ab Initio and of No Further Force and Effect. 1. Termination of Employment; Chief Executive Officer Role

from 10-Q 91 pages Purchase and Sale Agreement by and Among Rayonier Operating Company LLC, Rayonier Trs Holdings Inc., Taurus Forest Holdings Limited, And, Solely for the Purposes Specified Herein, Rayonier, L.P. Dated as of March 9, 2025

from 10-K 3 pages Amendment Number Two Rayonier Investment and Savings Plan for Salaried Employees

from 10-K 5 pages Rayonier Incentive Stock Plan and 2023 Rayonier Incentive Stock Plan Supplemental Terms Applicable to the Performance Share and Restricted Stock Unit Award Agreements in the Event of Retirement

from 10-K 2 pages Rayonier 2025 Performance Share Award Program

from 10-K 1 page Rayonier Inc. Non-Employee Director Compensation Election to Receive Shares in Lieu of Cash

from 10-Q 5 pages Amendment Number One Rayonier Investment and Savings Plan for Salaried Employees

from 10-K 6 pages Amendment for Cares Act Article 1 Preamble; Definitions

from 10-K 13 pages Amendment to Implement Secure Act and Other Law Changes Article 1 Preamble

from 10-K 17 pages Rayonier Inc. Executive Severance Pay Plan

from 10-K 2 pages Rayonier 2024 Performance Share Award Program

from 10-K 3 pages 2023 Rayonier Incentive Stock Plan Restricted Stock Unit Award Agreement