RYAM · Rayonier Advanced Materials Inc.

The Leveraged Performance Units ("LPUs") were granted as an employment inducement award pursuant to NYSE Listed Company Manual Rule 303A.08 in connection with the Reporting Person's commencement of employment as President and Chief Executive Officer. The award was not granted under the Company's stockholder-approved equity incentive plan.

Each LPU represents a contingent right to receive one share of Rayonier Advanced Materials Inc. common stock upon vesting, subject to the achievement of specified performance criteria and continued employment.

The number of shares ultimately earned may range from 0% to 250% of the target award based on the Company's stock price appreciation during the three-year performance period. The target award reported herein consists of 202,184 LPUs.

N/A

Each restricted stock unit represents a contingent right to receive one share of RYAM common stock.

Each restricted stock unit represents a contingent right to receive one share of RYAM common stock.

Each restricted stock unit represents a contingent right to receive one share of RYAM common stock.

Each restricted stock unit represents a contingent right to receive one share of RYAM common stock.

Each restricted stock unit represents a contingent right to receive one share of RYAM common stock.

Each restricted stock unit represents a contingent right to receive one share of RYAM common stock.

Each restricted stock unit represents a contingent right to receive one share of RYAM common stock.

Each restricted stock unit represents a contingent right to receive one share of RYAM common stock.

Each restricted stock unit represents a contingent right to receive one share of RYAM common stock.

Each restricted stock unit represents a contingent right to receive one share of RYAM common stock.

Each restricted stock unit represents a contingent right to receive one share of RYAM common stock.

Each restricted stock unit represents a contingent right to receive one share of RYAM common stock.

Each restricted stock unit represents a contingent right to receive one share of RYAM common stock.

Each restricted stock unit represents a contingent right to receive one share of RYAM common stock.

Each restricted stock unit represents a contingent right to receive one share of RYAM common stock.

Each restricted stock unit represents a contingent right to receive one share of RYAM common stock.

Each restricted stock unit represents a contingent right to receive one share of RYAM common stock.

Represents shares of common stock issued upon the vesting and settlement of Performance Share Units ("PSUs"). The PSUs were originally granted on March 1, 2023 and were subject to performance-based vesting over a three-year performance period ending February 27, 2026, based on (i) relative and absolute Total Shareholder Return ("TSR") metrics and (ii) cumulative adjusted EBITDA performance. On March 3, 2026, the Compensation and Management Development Committee certified the level of achievement of the applicable performance criteria, which certification triggered vesting of the award. The number of shares reported reflects the PSUs earned based on such certified performance results.

PSUs convert into common stock on a one-for-one basis.

Represents shares of common stock issued upon the vesting and settlement of Performance Share Units ("PSUs"). The PSUs were originally granted on March 1, 2023 and were subject to performance-based vesting over a three-year performance period ending February 27, 2026, based on (i) relative and absolute Total Shareholder Return ("TSR") metrics and (ii) cumulative adjusted EBITDA performance. On March 3, 2026, the Compensation and Management Development Committee certified the level of achievement of the applicable performance criteria, which certification triggered vesting of the award. The number of shares reported reflects the PSUs earned based on such certified performance results.

PSUs convert into common stock on a one-for-one basis.

Represents shares of common stock issued upon the vesting and settlement of Performance Share Units ("PSUs"). The PSUs were originally granted on March 1, 2023 and were subject to performance-based vesting over a three-year performance period ending February 27, 2026, based on (i) relative and absolute Total Shareholder Return ("TSR") metrics and (ii) cumulative adjusted EBITDA performance. On March 3, 2026, the Compensation and Management Development Committee certified the level of achievement of the applicable performance criteria, which certification triggered vesting of the award. The number of shares reported reflects the PSUs earned based on such certified performance results.

PSUs convert into common stock on a one-for-one basis.

Represents the number of shares of common stock withheld by the Company to satisfy tax withholding requirements in connection with the PSUs vesting.

Represents the number of shares of common stock withheld by the Company to satisfy tax withholding requirements in connection with the PSUs vesting.

Represents shares of common stock issued upon the vesting and settlement of Performance Share Units ("PSUs"). The PSUs were originally granted on March 1, 2023 and were subject to performance-based vesting over a three-year performance period ending February 27, 2026, based on (i) relative and absolute Total Shareholder Return ("TSR") metrics and (ii) cumulative adjusted EBITDA performance. On March 3, 2026, the Compensation and Management Development Committee certified the level of achievement of the applicable performance criteria, which certification triggered vesting of the award. The number of shares reported reflects the PSUs earned based on such certified performance results.

PSUs convert into common stock on a one-for-one basis.

Represents the number of shares of common stock withheld by the Company to satisfy tax withholding requirements in connection with the PSUs vesting.

Represents shares of common stock issued upon the vesting and settlement of Performance Share Units ("PSUs"). The PSUs were originally granted on March 1, 2023 and were subject to performance-based vesting over a three-year performance period ending February 27, 2026, based on (i) relative and absolute Total Shareholder Return ("TSR") metrics and (ii) cumulative adjusted EBITDA performance. On March 3, 2026, the Compensation and Management Development Committee certified the level of achievement of the applicable performance criteria, which certification triggered vesting of the award. The number of shares reported reflects the PSUs earned based on such certified performance results.

PSUs convert into common stock on a one-for-one basis.

Represents shares of common stock issued upon the vesting and settlement of Performance Share Units ("PSUs"). The PSUs were originally granted on March 1, 2023 and were subject to performance-based vesting over a three-year performance period ending February 27, 2026, based on (i) relative and absolute Total Shareholder Return ("TSR") metrics and (ii) cumulative adjusted EBITDA performance. On March 3, 2026, the Compensation and Management Development Committee certified the level of achievement of the applicable performance criteria, which certification triggered vesting of the award. The number of shares reported reflects the PSUs earned based on such certified performance results.

PSUs convert into common stock on a one-for-one basis.

Represents shares of common stock issued upon the vesting and settlement of Performance Share Units ("PSUs"). The PSUs were originally granted on March 1, 2023 and were subject to performance-based vesting over a three-year performance period ending February 27, 2026, based on (i) relative and absolute Total Shareholder Return ("TSR") metrics and (ii) cumulative adjusted EBITDA performance. On March 3, 2026, the Compensation and Management Development Committee certified the level of achievement of the applicable performance criteria, which certification triggered vesting of the award. The number of shares reported reflects the PSUs earned based on such certified performance results.

PSUs convert into common stock on a one-for-one basis.

Represents shares of common stock issued upon the vesting and settlement of Performance Share Units ("PSUs"). The PSUs were originally granted on March 1, 2023 and were subject to performance-based vesting over a three-year performance period ending February 27, 2026, based on (i) relative and absolute Total Shareholder Return ("TSR") metrics and (ii) cumulative adjusted EBITDA performance. On March 3, 2026, the Compensation and Management Development Committee certified the level of achievement of the applicable performance criteria, which certification triggered vesting of the award. The number of shares reported reflects the PSUs earned based on such certified performance results.

PSUs convert into common stock on a one-for-one basis.

Represents the number of shares of common stock withheld by the Company to satisfy tax withholding requirements in connection with the PSUs vesting.

Represents the number of shares of common stock withheld by the Company to satisfy tax withholding requirements in connection with the PSUs vesting.

Represents the number of shares of common stock withheld by the Company to satisfy tax withholding requirements in connection with the PSUs vesting.

Represents the number of shares of common stock withheld by the Company to satisfy tax withholding requirements in connection with the PSUs vesting.

Each restricted stock unit represents a contingent right to receive one share of RYAM common stock.

Each restricted stock unit represents a contingent right to receive one share of RYAM common stock.

Each restricted stock unit represents a contingent right to receive one share of RYAM common stock.

Each restricted stock unit represents a contingent right to receive one share of RYAM common stock.

Each restricted stock unit represents a contingent right to receive one share of RYAM common stock.

Each restricted stock unit represents a contingent right to receive one share of RYAM common stock.

Each restricted stock unit represents a contingent right to receive one share of RYAM common stock.