Rayonier and PotlatchDeltic shareholders approve merger; closing expected Jan 30, 2026

RAYONIER INC

Each PotlatchDeltic share converts to 1.8185 Rayonier shares plus $0.61 cash.
Rayonier shareholders to own ~54%, PotlatchDeltic ~46% of combined company.
Merger expected to close after market close on January 30, 2026.
Combined company will trade as RYN on NYSE; new name/ticker in Q1 2026.
Clerical error corrected: adjournment proposal was not actually voted upon.

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