Headwaters Incorporated

P.O. Box 566, Osage Beach, MO 65065

Headwaters is a leading manufacturer of building products for the residential construction, residential remodeling, commercial and institutional construction industries. The Company’s portfolio of building products includes: architectural stone, resin-based exterior siding accessories (such as specialty siding and shutter); roofing, trim board, decking, railing, concrete block and brick; and various other building products. The Company has more than 3,000 U.S. wholesale distributors and generates incremental sales through big box stores. Headwaters also markets certain products through its direct sales force. The broad distribution system and extraordinary brand loyalty has enabled Headwaters to capture leadership position in its key niche product categories.