EX-FILING FEES

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Calculation of Filing Fee Tables
S-4
RAYONIER INC

Table 1: Newly Registered and Carry Forward Securities	☐Not Applicable

		Security Type	Security Class Title	Fee Calculation or Carry Forward Rule	Amount Registered	Proposed Maximum Offering Price Per Unit	Maximum Aggregate Offering Price	Fee Rate	Amount of Registration Fee	Carry Forward Form Type	Carry Forward File Number	Carry Forward Initial Effective Date	Filing Fee Previously Paid in Connection with Unsold Securities to be Carried Forward
Newly Registered Securities
Fees to be Paid	1	Equity	Common Shares (no par value per share)	Other	149,117,000		$ 3,127,480,000.00	0.0001381	$ 431,904.99
Fees Previously Paid
Carry Forward Securities
Carry Forward Securities
			Total Offering Amounts:				$ 3,127,480,000.00		$ 431,904.99
			Total Fees Previously Paid:						$ 0.00
			Total Fee Offsets:						$ 0.00
			Net Fee Due:						$ 431,904.99

Offering Note

	Amount of Securities to be Received or Cancelled	Value per Share of Securities to be Received or Cancelled	Total Value of Securities to be Received or Cancelled	Cash Consideration Received by the registrant	Cash Consideration (Paid) by the registrant	Maximum Aggregate Offering Price
¹	Rule 457(f) Fee Calculation Details This registration statement relates to the registration of the maximum number of common shares, no par value per share, of Rayonier Inc. ("Rayonier", and such shares, the "Rayonier common shares") estimated to be issuable by Rayonier pursuant to the merger described in this registration statement and the Agreement and Plan of Merger, dated as of October 13, 2025, as may be amended from time to time (the "merger agreement"), by and among Rayonier, PotlatchDeltic Corporation ("PotlatchDeltic") and Redwood Merger Sub, LLC ("merger sub"). (2) The number of Rayonier common shares being registered is based on the product of an estimate of the maximum number of shares of common stock, par value $1.00 per share, of PotlatchDeltic ("PotlatchDeltic common stock") outstanding as of December 5, 2025 or issuable or expected to be converted or exchanged (including in respect of PotlatchDeltic's equity awards) in connection with the merger of PotlatchDeltic with and into merger sub pursuant to the merger agreement (the "merger"), collectively equal to 82,000,000, multiplied by the adjusted exchange ratio of 1.8185 Rayonier common shares for each share of PotlatchDeltic common stock. (3) Estimated solely for the purpose of calculating the registration fee required by Section 6(b) of the Securities Act of 1933, as amended, and calculated in accordance with Rules 457(f)(1), 457(f)(3) and 457(c) promulgated thereunder. The maximum aggregate offering price is (i) (A) the average of the high and the low sale prices of PotlatchDeltic common stock as reported on the Nasdaq Global Select Market on December 4, 2025 ($38.75 per share), multiplied by (B) the estimated maximum number of shares of PotlatchDeltic common stock that may be converted or exchanged (including in respect of PotlatchDeltic's equity awards) in the merger for the securities being registered (82,000,000) minus (ii) $50,020,000, which is the aggregate amount of cash estimated to be paid by Rayonier in exchange for the cancellation of such shares of PotlatchDeltic common stock in the merger.
	82,000,000	$ 38.75	$ 3,177,500,000.00		$ 50,020,000.00	$ 3,127,480,000.00

Table 2: Fee Offset Claims and Sources	☑Not Applicable

		Registrant or Filer Name	Form or Filing Type	File Number	Initial Filing Date	Filing Date	Fee Offset Claimed	Security Type Associated with Fee Offset Claimed	Security Title Associated with Fee Offset Claimed	Unsold Securities Associated with Fee Offset Claimed	Unsold Aggregate Offering Amount Associated with Fee Offset Claimed	Fee Paid with Fee Offset Source
Rules 457(b) and 0-11(a)(2)
Fee Offset Claims	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Fee Offset Sources	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Rule 457(p)
Fee Offset Claims	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Fee Offset Sources	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Table 3: Combined Prospectuses	☑Not Applicable

	Security Type	Security Class Title	Amount of Securities Previously Registered	Maximum Aggregate Offering Price of Securities Previously Registered	Form Type	File Number	Initial Effective Date
N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A