Exhibit 99.2 Reconciliation of EBITDA from continuing operations and Adjusted EBITDA from continuing operations for the quarter and six months ended June 30, 2014 and 2013.
| Three Months Ended June 30, 2014 (Dollar amounts in millions) | OSB | Siding | EWP | South America | Other | Corporate | Total | ||||||||||||||||||||
| Sales | $ | 223.7 | $ | 169.7 | $ | 80.6 | $ | 41.9 | $ | 4.0 | $ | (1.4 | ) | $ | 518.5 | ||||||||||||
| Depreciation and amortization | 13.5 | 4.3 | 3.9 | 2.6 | — | 0.6 | 24.9 | ||||||||||||||||||||
| Cost of sales and selling and administrative | 215.7 | 139.5 | 82.9 | 35.3 | 5.3 | 18.7 | 497.4 | ||||||||||||||||||||
| Gain on sale or impairment of long lived assets | — | — | — | — | — | (0.5 | ) | (0.5 | ) | ||||||||||||||||||
| Other operating credits and charges, net | — | — | — | — | — | 0.6 | 0.6 | ||||||||||||||||||||
| Total operating costs | 229.2 | 143.8 | 86.8 | 37.9 | 5.3 | 19.4 | 522.4 | ||||||||||||||||||||
| Income (loss) from operations | (5.5 | ) | 25.9 | (6.2 | ) | 4.0 | (1.3 | ) | (20.8 | ) | (3.9 | ) | |||||||||||||||
| Total non-operating expense | — | — | — | — | — | (1.9 | ) | (1.9 | ) | ||||||||||||||||||
| Income (loss) before income taxes and equity in income of unconsolidated affiliates | (5.5 | ) | 25.9 | (6.2 | ) | 4.0 | (1.3 | ) | (22.7 | ) | (5.8 | ) | |||||||||||||||
| Income tax benefit | — | — | — | — | — | (6.7 | ) | (6.7 | ) | ||||||||||||||||||
| Equity in income of unconsolidated affiliates | — | — | (1.2 | ) | — | — | — | (1.2 | ) | ||||||||||||||||||
| Income (loss) from continuing operations | $ | (5.5 | ) | $ | 25.9 | $ | (5.0 | ) | $ | 4.0 | $ | (1.3 | ) | $ | (16.0 | ) | $ | 2.1 | |||||||||
| Reconciliation of income (loss) from continuing operations to Adjusted EBITDA from continuing operations | |||||||||||||||||||||||||||
| Income (loss) from continuing operations | $ | (5.5 | ) | $ | 25.9 | $ | (5.0 | ) | $ | 4.0 | $ | (1.3 | ) | $ | (16.0 | ) | $ | 2.1 | |||||||||
| Income tax benefit | — | — | — | — | — | (6.7 | ) | (6.7 | ) | ||||||||||||||||||
| Interest expense, net of capitalized interest | — | — | — | — | — | 7.4 | 7.4 | ||||||||||||||||||||
| Depreciation and amortization | 13.5 | 4.3 | 3.9 | 2.6 | — | 0.6 | 24.9 | ||||||||||||||||||||
| EBITDA from continuing operations | 8.0 | 30.2 | (1.1 | ) | 6.6 | (1.3 | ) | (14.7 | ) | 27.7 | |||||||||||||||||
| Stock based compensation expense | 0.3 | 0.1 | 0.2 | — | — | 1.8 | 2.4 | ||||||||||||||||||||
| Gain on sale or impairment of long lived assets | — | — | — | — | — | (0.5 | ) | (0.5 | ) | ||||||||||||||||||
| Investment income | — | — | — | — | — | (1.7 | ) | (1.7 | ) | ||||||||||||||||||
| Expenses associated with proposed acquisition of Ainsworth Lumber Co. Ltd. | — | — | — | — | — | (2.3 | ) | (2.3 | ) | ||||||||||||||||||
| Other operating credits and charges, net | — | — | — | — | — | 0.6 | 0.6 | ||||||||||||||||||||
| Depreciation included in equity in (income) loss of unconsolidated affiliates | — | — | 0.1 | — | — | — | 0.1 | ||||||||||||||||||||
| Adjusted EBITDA from continuing operations | $ | 8.3 | $ | 30.3 | $ | (0.8 | ) | $ | 6.6 | $ | (1.3 | ) | $ | (16.8 | ) | $ | 26.3 | ||||||||||
| Three Months Ended June 30, 2013 (Dollar amounts in millions) | OSB | Siding | EWP | South America | Other | Corporate | Total | ||||||||||||||||||||
| Sales | $ | 306.2 | $ | 152.7 | $ | 60.9 | $ | 44.3 | $ | 3.7 | $ | (0.8 | ) | $ | 567.0 | ||||||||||||
| Depreciation and amortization | 10.6 | 4.4 | 2.6 | 2.5 | — | 0.5 | 20.6 | ||||||||||||||||||||
| Cost of sales and selling and administrative | 206.7 | 121.2 | 61.4 | 35.5 | 5.5 | 22.7 | 453.0 | ||||||||||||||||||||
| Gain on sale or impairment of long lived assets | — | — | — | — | — | (0.7 | ) | (0.7 | ) | ||||||||||||||||||
| Other operating credits and charges, net | — | — | — | — | — | 5.4 | 5.4 | ||||||||||||||||||||
| Total operating costs | 217.3 | 125.6 | 64.0 | 38.0 | 5.5 | 27.9 | 478.3 | ||||||||||||||||||||
| Income (loss) from operations | 88.9 | 27.1 | (3.1 | ) | 6.3 | (1.8 | ) | (28.7 | ) | 88.7 | |||||||||||||||||
| Total non-operating expense | — | — | — | — | — | 25.6 | 25.6 | ||||||||||||||||||||
| Income (loss) before income taxes and equity in (income) loss of unconsolidated affiliates | 88.9 | 27.1 | (3.1 | ) | 6.3 | (1.8 | ) | (3.1 | ) | 114.3 | |||||||||||||||||
| Provision for income taxes | — | — | — | — | — | 24.3 | 24.3 | ||||||||||||||||||||
| Equity in (income) loss of unconsolidated affiliates | (6.5 | ) | — | 2.0 | — | 0.4 | — | (4.1 | ) | ||||||||||||||||||
| Income (loss) from continuing operations | $ | 95.4 | $ | 27.1 | $ | (5.1 | ) | $ | 6.3 | $ | (2.2 | ) | $ | (27.4 | ) | $ | 94.1 | ||||||||||
| Reconciliation of income (loss) from continuing operations to Adjusted EBITDA from continuing operations | |||||||||||||||||||||||||||
| Income (loss) from continuing operations | $ | 95.4 | $ | 27.1 | $ | (5.1 | ) | $ | 6.3 | $ | (2.2 | ) | $ | (27.4 | ) | $ | 94.1 | ||||||||||
| Provision for income taxes | — | — | — | — | — | 24.3 | 24.3 | ||||||||||||||||||||
| Interest expense, net of capitalized interest | — | — | — | — | — | 9.8 | 9.8 | ||||||||||||||||||||
| Depreciation and amortization | 10.6 | 4.4 | 2.6 | 2.5 | — | 0.5 | 20.6 | ||||||||||||||||||||
| EBITDA from continuing operations | 106.0 | 31.5 | (2.5 | ) | 8.8 | (2.2 | ) | 7.2 | 148.8 | ||||||||||||||||||
| Stock based compensation expense | 0.3 | 0.2 | 0.1 | — | — | 1.5 | 2.1 | ||||||||||||||||||||
| Gain on sale or impairment of long lived assets | — | — | — | — | — | (0.7 | ) | (0.7 | ) | ||||||||||||||||||
| Investment income | — | — | — | — | — | (3.1 | ) | (3.1 | ) | ||||||||||||||||||
| Other operating credits and charges, net | — | — | — | — | — | 5.4 | 5.4 | ||||||||||||||||||||
| Other operating credit and charges associated with unconsolidated affiliates | — | — | — | — | — | 2.7 | 2.7 | ||||||||||||||||||||
| Gain on acquisition | — | — | — | — | — | (35.9 | ) | (35.9 | ) | ||||||||||||||||||
| Depreciation included in equity in income (loss) of unconsolidated affiliates | 1.4 | — | 0.1 | — | 0.8 | — | 2.3 | ||||||||||||||||||||
| Adjusted EBITDA from continuing operations | $ | 107.7 | $ | 31.7 | $ | (2.3 | ) | $ | 8.8 | $ | (1.4 | ) | $ | (22.9 | ) | $ | 121.6 | ||||||||||
| Six Months Ended June 30, 2014 (Dollar amounts in millions) | OSB | Siding | EWP | South America | Other | Corporate | Total | ||||||||||||||||||||
| Sales | $ | 418.6 | $ | 313.2 | $ | 147.0 | $ | 78.5 | $ | 7.7 | $ | (1.8 | ) | $ | 963.2 | ||||||||||||
| Depreciation and amortization | 27.1 | 8.5 | 8.5 | 4.9 | — | 1.5 | 50.5 | ||||||||||||||||||||
| Cost of sales and selling and administrative | 398.9 | 259.6 | 148.4 | 65.4 | 9.7 | 44.7 | 926.7 | ||||||||||||||||||||
| Gain on sale or impairment of long lived assets | — | — | — | — | — | (0.5 | ) | (0.5 | ) | ||||||||||||||||||
| Other operating credits and charges, net | — | — | — | — | — | 0.6 | 0.6 | ||||||||||||||||||||
| Total operating costs | 426.0 | 268.1 | 156.9 | 70.3 | 9.7 | 46.3 | 977.3 | ||||||||||||||||||||
| Income (loss) from operations | (7.4 | ) | 45.1 | (9.9 | ) | 8.2 | (2.0 | ) | (48.1 | ) | (14.1 | ) | |||||||||||||||
| Total non-operating expense | — | — | — | — | — | (12.1 | ) | (12.1 | ) | ||||||||||||||||||
| Income (loss) before income taxes and equity in income of unconsolidated affiliates | (7.4 | ) | 45.1 | (9.9 | ) | 8.2 | (2.0 | ) | (60.2 | ) | (26.2 | ) | |||||||||||||||
| Benefit for income taxes | — | — | — | — | — | (12.3 | ) | (12.3 | ) | ||||||||||||||||||
| Equity in income of unconsolidated affiliates | — | — | (1.8 | ) | — | — | — | (1.8 | ) | ||||||||||||||||||
| Income (loss) from continuing operations | $ | (7.4 | ) | $ | 45.1 | $ | (8.1 | ) | $ | 8.2 | $ | (2.0 | ) | $ | (47.9 | ) | $ | (12.1 | ) | ||||||||
| Reconciliation of income (loss) from continuing operations to adjusted EBITDA from continuing operations | |||||||||||||||||||||||||||
| Income (loss) from continuing operations | $ | (7.4 | ) | $ | 45.1 | $ | (8.1 | ) | $ | 8.2 | $ | (2.0 | ) | $ | (47.9 | ) | $ | (12.1 | ) | ||||||||
| Benefit for income taxes | — | — | — | — | — | (12.3 | ) | (12.3 | ) | ||||||||||||||||||
| Interest expense, net of capitalized interest | — | — | — | — | — | 15.1 | 15.1 | ||||||||||||||||||||
| Depreciation and amortization | 27.1 | 8.5 | 8.5 | 4.9 | — | 1.5 | 50.5 | ||||||||||||||||||||
| EBITDA from continuing operations | 19.7 | 53.6 | 0.4 | 13.1 | (2.0 | ) | (43.6 | ) | 41.2 | ||||||||||||||||||
| Stock based compensation expense | 0.5 | 0.3 | 0.3 | — | — | 3.4 | 4.5 | ||||||||||||||||||||
| Gain on sale or impairment of long lived assets | — | — | — | — | — | (0.5 | ) | (0.5 | ) | ||||||||||||||||||
| Investment income | — | — | — | — | — | (3.5 | ) | (3.5 | ) | ||||||||||||||||||
| Expenses associated with proposed acquisition of Ainsworth Lumber Co. Ltd. | — | — | — | — | — | 6.8 | 6.8 | ||||||||||||||||||||
| Other operating credits and charges, net | — | — | — | — | — | 0.6 | 0.6 | ||||||||||||||||||||
| Depreciation included in equity in (income) loss of unconsolidated affiliates | — | — | 0.1 | — | — | — | 0.1 | ||||||||||||||||||||
| Adjusted EBITDA from continuing operations | $ | 20.2 | $ | 53.9 | $ | 0.8 | $ | 13.1 | $ | (2.0 | ) | $ | (36.8 | ) | $ | 49.2 | |||||||||||
| Six Months Ended June 30, 2013 (Dollar amounts in millions) | OSB | Siding | EWP | South America | Other | Corporate | Total | ||||||||||||||||||||
| Sales | $ | 592.9 | $ | 286.5 | $ | 124.3 | $ | 89.4 | $ | 6.4 | $ | (1.4 | ) | $ | 1,098.1 | ||||||||||||
| Depreciation and amortization | 19.0 | 8.3 | 5.9 | 5.1 | — | 0.9 | 39.2 | ||||||||||||||||||||
| Cost of sales and selling and administrative | 394.9 | 230.4 | 124.8 | 71.8 | 9.2 | 44.3 | 875.4 | ||||||||||||||||||||
| Gain on sale or impairment of long lived assets | — | — | — | — | — | (0.7 | ) | (0.7 | ) | ||||||||||||||||||
| Other operating credits and charges, net | — | — | — | — | — | 7.0 | 7.0 | ||||||||||||||||||||
| Total operating costs | 413.9 | 238.7 | 130.7 | 76.9 | 9.2 | 51.5 | 920.9 | ||||||||||||||||||||
| Income (loss) from operations | 179.0 | 47.8 | (6.4 | ) | 12.5 | (2.8 | ) | (52.9 | ) | 177.2 | |||||||||||||||||
| Total non-operating expense | — | — | — | — | — | 17.8 | 17.8 | ||||||||||||||||||||
| Income (loss) before income taxes and equity in (income) loss of unconsolidated affiliates | 179.0 | 47.8 | (6.4 | ) | 12.5 | (2.8 | ) | (35.1 | ) | 195.0 | |||||||||||||||||
| Provision for income taxes | — | — | — | — | — | 47.2 | 47.2 | ||||||||||||||||||||
| Equity in (income) loss of unconsolidated affiliates | (14.5 | ) | — | 2.2 | — | 1.0 | — | (11.3 | ) | ||||||||||||||||||
| Income (loss) from continuing operations | $ | 193.5 | $ | 47.8 | $ | (8.6 | ) | $ | 12.5 | $ | (3.8 | ) | $ | (82.3 | ) | $ | 159.1 | ||||||||||
| Reconciliation of income (loss) from continuing operations to adjusted EBITDA from continuing operations | |||||||||||||||||||||||||||
| Income (loss) from continuing operations | $ | 193.5 | $ | 47.8 | $ | (8.6 | ) | $ | 12.5 | $ | (3.8 | ) | $ | (82.3 | ) | $ | 159.1 | ||||||||||
| Provision for income taxes | — | — | — | — | — | 47.2 | 47.2 | ||||||||||||||||||||
| Interest expense, net of capitalized interest | — | — | — | — | — | 20.4 | 20.4 | ||||||||||||||||||||
| Depreciation and amortization | 19.0 | 8.3 | 5.9 | 5.1 | — | 0.9 | 39.2 | ||||||||||||||||||||
| EBITDA from continuing operations | 212.5 | 56.1 | (2.7 | ) | 17.6 | (3.8 | ) | (13.8 | ) | 265.9 | |||||||||||||||||
| Stock based compensation expense | 0.5 | 0.3 | 0.2 | — | — | 3.2 | 4.2 | ||||||||||||||||||||
| Gain on sale or impairment of long lived assets | — | — | — | — | — | (0.7 | ) | (0.7 | ) | ||||||||||||||||||
| Investment income | — | — | — | — | — | (6.6 | ) | (6.6 | ) | ||||||||||||||||||
| Other operating credits and charges, net | — | — | — | — | — | 7.0 | 7.0 | ||||||||||||||||||||
| Other operating credits and charges associated with joint ventures | — | — | — | — | — | 2.7 | 2.7 | ||||||||||||||||||||
| Gain on acquisition | — | — | — | — | — | (35.9 | ) | (35.9 | ) | ||||||||||||||||||
| Depreciation included in equity in loss of unconsolidated affiliates | 3.4 | — | 0.1 | — | 1.6 | — | 5.1 | ||||||||||||||||||||
| Adjusted EBITDA from continuing operations | $ | 216.4 | $ | 56.4 | $ | (2.4 | ) | $ | 17.6 | $ | (2.2 | ) | $ | (44.1 | ) | $ | 241.7 | ||||||||||