| Ticker | Action | Number of Shares Bought/Sold | Value of Shares Added/Sold | Average Price paid for previous share BUYs |
|---|
| SUZB3.SA - | BUY | 3,883 @ BRL 8.83759 | BRL 34,316 | |
| UPM.HE - UPM-Kymmene Oyj | BUY | 1,174 @ EUR 26.2696 | EUR 30,841 | |
| STERV.HE - Stora Enso Oyj | BUY | 3,318 @ EUR 8.69764 | EUR 28,859 | |
| SW - Smurfit WestRock plc | BUY | 695 @ USD 41.11 | USD 28,571 | |
| WY - Weyerhaeuser Company | BUY | 1,072 @ USD 25.85 | USD 27,711 | |
| MNDI.L - Mondi PLC | BUY | 1,825 @ GBP 14.7224 | GBP 26,868 | |
| 002078.SZ - Shandong Sun Paper Co., Ltd. | BUY | 13,100 @ CNY 1.90433 | CNY 24,947 | |
| CLW - Clearwater Paper Corporation | BUY | 1,005 @ USD 24.6 | USD 24,723 | |
| SCA-B.ST - | BUY | 1,846 @ SEK 13.0962 | SEK 24,176 | |
| SLVM - Sylvamo Corp | BUY | 395 @ USD 59.85 | USD 23,641 | |
| IP - International Paper | BUY | 498 @ USD 46.87 | USD 23,341 | |
| RYN - Rayonier Inc | BUY | 922 @ USD 24.96 | USD 23,013 | |
| 3861.T - Oji Holdings Corporation | BUY | 5,400 @ JPY 4.24438 | JPY 22,920 | |
| KLBN11.SA - | BUY | 7,442 @ BRL 3.06041 | BRL 22,776 | |
| 1911.T - Sumitomo Forestry Co., Ltd. | BUY | 800 @ JPY 28.3332 | JPY 22,667 | |
| PCH - PotlatchDeltic Corp | BUY | 570 @ USD 39.2 | USD 22,344 | |
| WFG.TO - West Fraser Timber Co Ltd | BUY | 301 @ CAD 73.5907 | CAD 22,151 | |
| BILL.ST - | BUY | 2,175 @ SEK 9.84509 | SEK 21,413 | |
| SAP.JO - | BUY | 8,855 @ ZAR 1.88567 | ZAR 16,698 | |
| HOLM-B.ST - | BUY | 416 @ SEK 38.0962 | SEK 15,848 | |
| 2689.HK - ND PAPER | BUY | 41,000 @ HKD 0.382912 | HKD 15,699 | |
| 1202.SAU - | BUY | 2,038 @ SAR 7.62179 | SAR 15,533 | |
| DXCO3.SA - | HOLD | 0 @ BRL 0.860793 | BRL 0 | |
| 3865.T - Hokuetsu Corporation | HOLD | 0 @ JPY 7.72087 | JPY 0 | |
| KLBN4.SA - | HOLD | 0 @ BRL 0.666667 | BRL 0 | |
| 3863.T - Nippon Paper Industries Co., Ltd. | HOLD | 0 @ JPY 7.21642 | JPY 0 | |
| CMPC.SN - | HOLD | 0 @ CLP 1.53912 | CLP 0 | |