For half a century, LP has pioneered building solutions to meet the changing needs of builders, remodelers and homeowners across North and South America. Our innovations have both responded to and made history since our founding in 1972. By the time LP joined the New York Stock Exchange in 1973, the expansion of home construction had driven a heavy demand for building materials. LP responded to the industry’s needs with oriented strand board (OSB), which was a more sustainable and cost-effective alternative to plywood. When we opened North America’s first OSB mill in 1979, our employees had to work around the clock to keep up with demand. As changing circumstances have continually influenced the way builders construct homes and structures, LP has developed technologically advanced manufacturing processes to deliver products that meet our customers’ changing needs. In the 50 years since our founding, LP has developed innovative building solutions that require less labor to install, increase the energy efficiency of homes and are more environmentally sustainable than competing product alternatives. For example, in 1997 we enhanced OSB technology to develop the proprietary processes and formulation that gives LP® SmartSide® products the beauty of traditional wood with the durability of engineered wood, making it one of the fastest-growing siding brands in the U.S. today. Consistent with LP’s ongoing strategy of transformation and specialization, LP has converted seven OSB mills to SmartSide manufacture, with diverse plans to increase capacity as customer demand continues to grow. LP continues to harness innovation to pioneer new products that are increasingly sustainable and efficient, more durable and resilient than ever. We are a leader in the industry with building solutions that help protect people against the elements and empower our customers to build homes, structures and communities that stand the test of time and are better for the environment. This environmental, social and governance (ESG) report marks another important milestone in the continuing evolution of our sustainability journey. Our second annual report covers our progress against our goals across five critical pillars: Governance, People, Environment, Products and Community. This cohesive model of initiatives reflects our commitment to the integration of our ESG priorities into our business operations and our products—a commitment as long and strong as our 50-year history.