LP Building Products Repositions as LP Building Solutions

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New Name Represents Company’s Solution-Driven Commitment to Industry
Improvement

NASHVILLE, Tenn.–(BUSINESS WIRE)–To more accurately communicate its commitment to the needs and
opportunities within a changing industry, today LP Building Products
announced its new name: LP Building Solutions. This strategic decision
reflects LP’s goal to be the industry’s leading building solutions
company.

“This change represents LP’s continued evolution as a company,” said
Brad Southern, CEO of LP Building Solutions. “With over 45 years of
industry experience, we believe this change demonstrates our continued
drive to align with our customers. We began as a forestry products
company, but evolved to a building products company as we quickly
realized our customers were looking for products to help them build
better. To continue to lead the industry, today we are taking the next
step as we reposition our company, our brand and what we bring to market
to reflect a broader approach in developing solutions for our customers.”

Over the past two years, LP has transformed to create value with
customers. By repositioning its proven products and introducing new
products, LP is poised to continue its shift to focus on solutions.

“Our industry is facing challenges, and LP Building Solutions is
committed to finding the ways to address those challenges for the
greater improvement of the industry as a whole,” said Mike Sims, LP’s
Senior Vice President, Sales, Marketing and Strategy. “Proof of this
commitment includes our recent introduction of several innovative
products—LP® SmartSide® Smooth Trim & Siding, LP® WeatherLogic™ Air &
Water Barrier, and LP® Elements™ Performance Fencing—as well as our
recent investment in Entekra, the off-site building manufacturer.”

About LP Building Solutions

As a proven leader in high-performance building solutions, LP Building
Solutions manufactures uniquely engineered, innovative building products
that meet the demands and needs of the building industry. Its extensive
product portfolio includes durable and dependable exterior siding and
trim systems, engineered wood framing and structural panels for
single-family homes, multifamily projects, repair and remodel markets,
light commercial facilities and outdoor buildings. LP also provides
industry-leading service and warranties to help customers build smarter,
better and faster. Founded in 1973, LP is a global company headquartered
in Nashville, Tennessee, and traded on the New York Stock Exchange under
LPX. For more information, visit LPCorp.com.

Contacts

Kristin Nelson
knelson@gsandf.com
615.385.1100
ext. 2406

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