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SUBSIDIARIES OF RAYONIER, L.P.
As of December 31, 2025
| | | | | | | | |
| Name of Subsidiary | | State/Country of Incorporation/Organization |
| Pope Resources, L.P. | | Delaware |
| Rayonier Forest Resources, L.P. | | Delaware |
| Rayonier Operating Company, LLC | | Delaware |
| Rayonier TRS Forest Operations, LLC | | Delaware |
| Rayonier TRS Holdings Inc. | | Delaware |
| Raydient LLC | | Delaware |
In accordance with Item 601(b)(21) of Regulation S–K, we have omitted some subsidiaries that, if considered in the aggregate as a single subsidiary, would not constitute a significant subsidiary as of December 31, 2025 under Rule 1–02(w) of Regulation S–X.