b'MINNESOTA EDITIONPROPERTY PERSPECTIVEFall 2020|Volume 9 |Issue 3 POTLATCHDELTIC ANNOUNCES AGREEMENT TO SELL 72,000 ACRES IN MINNESOTA TO THE CONSERVATION FUNDInJune,PotlatchDelticCorporationannouncedanagreementtosellliquidity position and exibility. Our Minnesota ownership was approximately approximately 72,000 acres in Minnesota to The Conservation Fund. The330,000 acres when we began our rural land sale program over a dozen transaction is subject to customary closing conditions and is expected toyears ago. The timberlands that we currently own in Minnesota are heavily close before the end of the year. weighted to more remote areas, ideal for conservation and working forest protection.Nearly all of our ownership in the state is now under contract Thistransactionrepresentsasignicantmilestoneinourlong-termwith a series of closings scheduled to occur through 2022.strategy to maximize shareholder value through rural real estate sales, said Mike Covey, chairman and chief executive ofcer of PotlatchDeltic.The Minnesotas Heritage Forest acquisition will be one of the largest land Proceeds from this transaction will further enhance our already strongconservation efforts in Minnesota in recent history. Our goal is to ensure the 72,000 acres remain forested and sustainably managed as working ABOUT THE CONSERVATION FUND timberlands, said Larry Selzer, President and CEO of The Conservation Fund. Our purchase and the ultimate protection of the PotlatchDeltic land The Conservation Fund makes conservation work forwill support northern Minnesotas long tradition of timber production and America.By creating solutions that make environmentaloutdoor recreation by preserving working forestlands and safeguarding and economic sense, they are redening conservation tojobs,whilealsoprotectingwaterqualityandwildlifehabitat,helping demonstrate its essential role in our future prosperity. Top- mitigate climate change, and contributing to local economies.ranked for efciency and effectiveness, The ConservationThis outcome is a culmination of long-standing work The Conservation Fund has worked in all 50 states since 1985 to protect moreFund and PotlatchDeltic have been able to complete together to achieve than 8 million acres of land, including more than 311,000conservationandeconomicgoals.Withthistransactionandothers acres in Minnesota. More information can be found at www. underway, this partnership has been the catalyst to conserve more than conservationfund.org and www.workingforestfund.org. Continued on Page 4IN THIS ISSUE So many ways to connect with us! PotlatchDeltic Announces Agreement to Sell 72,000 acres in Minnesotato The Conservation Fund Minnesotas Heritage Forest Frequently Asked Questions Want to share your PotlatchDeltic experience with us? Directory of PotlatchDeltic Preferred Brokers Take our survey now or email us.Wed love to hear from you!1'