NCT FORESTRY PROFILE 2025

Markets Pulpwood Hardwood timber destined for pulpwood, NCT’s predominant product, is sold into various wood chipping plants. NCT further markets timber to domestic corporate pulp and paper markets. Non-pulpwood NCT offers its members the opportunity to trade their non-pulp round log timber into a host of financially secure non-pulp market options (ie saw timber, treated poles, mining timber, charcoal markets). Its network of registered non-pulp round log buyers/markets cover the three main timber growing areas in South Africa - KwaZulu-Natal, the Eastern and Western Cape and Mpumalanga. This market constitutes around 4% of NCT’s total sales volumes. Wood chips NCT supplies timber into three wholly-owned wood chipping facilities - NCT Durban Wood Chips and NCT Richards Bay Wood Chips (incorporating the adjacent BayFibre facility) - and export woodchips to Japan, China, India, and Taiwan. These mills place NCT and a significant portion of privately-owned South African timber resources in an excellent position to access overseas markets. This, in turn, contributes to better pricing and financial returns for the private South African timber grower. BayFibre capacity: 800 000 tonnes pa Richards Bay Wood Chips capacity: 800 000 tonnes pa Durban Wood Chips capacity: 650 000 tonnes pa 3 Linking our members to markets

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