Rayonier Inc. (NYSE:RYN) announced today the tax treatment of the Company's 2023 dividend distributions on its Common Stock CUSIP 754907103.

The dividends, totaling $1.34 per share, were paid as follows: $0.285 on March 31, 2023; $0.285 on June 30, 2023; $0.285 on September 29, 2023; $0.285 on December 29, 2023; and $0.20 on January 12, 2024. The $1.34 per share dividend is classified for income tax purposes as 100% Capital Gain Distribution and 0% Non-dividend Distribution. The following table summarizes the income tax treatment of the Company's 2023 dividends.

2023 Dividend Tax Reporting Information (Form 1099-DIV)

Record Date	Payable Date	Cash Distribution per Share	Capital Gain Distribution⁽¹⁾	Section 897 Capital Gain⁽²⁾
03/17/2023	03/31/2023	$0.285	$0.285	$0.285
06/16/2023	06/30/2023	$0.285	$0.285	$0.285
09/15/2023	09/29/2023	$0.285	$0.285	$0.285
12/15/2023	12/29/2023	$0.285	$0.285	$0.285
12/29/2023	01/12/2024	$0.200	$0.200	$0.200
	Totals:	$1.340	$1.340	$1.340

Tax treatment of the Company's 2023 common stock dividends should not be presumed to be indicative or predictive of the tax treatment of future Company dividends.

Shareholders are encouraged to consult with their tax advisers as to their specific tax treatment of Rayonier dividends.

⁽¹⁾		Form 1099-DIV box 2a. Pursuant to Treas. Reg. § 1.1061-6(c), the Company is reporting that for purposes of section 1061 of the Internal Revenue Code the One Year Amounts Disclosure and the Three Year Amounts Disclosure are $0.00 with respect to direct and indirect holders of "applicable partnership interests."
⁽²⁾		Form 1099-DIV box 2f

About Rayonier

Rayonier is a leading timberland real estate investment trust with assets located in some of the most productive softwood timber growing regions in the United States and New Zealand. As of September 30, 2023, Rayonier owned or leased under long-term agreements approximately 2.8 million acres of timberlands located in the U.S. South (1.90 million acres), U.S. Pacific Northwest (474,000 acres) and New Zealand (419,000 acres). More information is available at www.rayonier.com.

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Rayonier Announces Tax Treatment of 2023 Dividends