1. Investor Presentation
December 2013
Bank of America Merrill Lynch
Leveraged Finance Conference

2. Safe Harbor / Forward Looking Statements
This Investor Presentation contains forward-looking information and other forward-looking statements within the meaning of applicable Canadian and/or US securities laws that
involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company, or industry results, to be
materially different from any future plans, goals, targets, objectives, results, performance or achievements expressed or implied by such forward-looking statements. When
used in this Investor Presentation, such statements may contain such words as “may,” might, “could,” “will,” would,” “should,” “expect,” “believes,” “outlook,” “predict,”
“forecast,” “objective,” “remain,” “anticipate,” “estimate,” “potential,” “continue,” “plan,” “project,” “targeting,” or the negative of these terms or other similar terminology.
Forward-looking information in this Investor Presentation may include, without limitation, statements regarding intentions, goals, targets, preliminary results, performance,
goals, achievements, operations, acquisitions and integration of acquired businesses, plans and objectives, strategies, business and economic conditions, and projected costs.
These statements reflect the Company’s current expectations regarding future events and operating performance and are based on information currently available to the
Company and speak only as of the date of this Presentation. All forward-looking statements in this Investor Presentation are qualified by these cautionary statements.
Forward-looking statements involve significant risks and uncertainties, should not be read as guarantees of future performance or results, should not be unduly relied upon, and
will not necessarily be accurate indications of whether or not such results will be achieved. Factors that could cause actual results to differ materially from the results discussed
in the forward-looking statements include, but are not limited to, general economic, market and business conditions; levels of residential new construction, residential repair,
renovation and remodeling and non-residential building construction activity; competition; our ability to successfully implement our business strategy; our ability to manage our
operations including integrating our recent acquisitions and companies or assets we acquire in the future; our ability to generate sufficient cash flows to fund our capital
expenditure requirements and to meet our debt service obligations, including our obligations under our senior notes and our senior secured asset-backed credit facility; labor
relations (i.e., disruptions, strikes or work stoppages), labor costs, and availability of labor; increases in the costs of raw materials or any shortage in supplies; our ability to keep
pace with technological developments; the actions by, and the continued success of, certain key customers; our ability to maintain relationships with certain customers; new
contractual commitments; our ability to generate the benefits of our restructuring activities; retention of key management personnel; environmental and other government
regulations; limitations on operating our business as a result of covenant restrictions under our existing and future indebtedness, including our senior notes and senior secured
asset-based credit facility; and other factors publicly disclosed by the company from time to time.
Forward-looking information is based on various material factors or assumptions, which are based on information currently available to the Company. Material factors or
assumptions that were applied in drawing a conclusion or making a target, objectives or goal set out in the following forward-looking information are as set out within this
Investor Presentation. Readers are cautioned that the preceding and enclosed list of material factors or assumptions is not exhaustive. Although the forward-looking statements
contained in this Investor Presentation are based upon what the Company believes are reasonable assumptions, the Company cannot assure readers that actual results will be
consistent with these forward-looking statements. These forward-looking statements are made as of the date of this Presentation, and should not be relied upon as presenting
the Company’s views on any date subsequent to such date. The Company assumes no obligation to update or revise these forward-looking statements to reflect new
information, events, and circumstances or otherwise, except in such circumstances as may be required by applicable law.
2

3. 3
Non-GAAP Financial Measures
Adjusted EBITDA is a measure used by management to measure operating performance. It is defined as net income (loss) attributable to
Masonite plus depreciation, amortization of intangible assets, restructuring costs, loss (gain) on sale of property, plant and equipment,
impairment of property, plant and equipment, interest expense, net, other expense (income), net, income tax expense (benefit), loss (income)
from discontinued operations, net of tax, net income attributable to non-controlling interest and share based compensation expense. Adjusted
EBITDA is not a measure of financial condition or profitability under GAAP, and should not be considered as an alternative to (i) net income
(loss) or net income (loss) attributable to Masonite determined in accordance with GAAP or (ii) operating cash flow determined in accordance
with GAAP. Additionally, Adjusted EBITDA is not intended to be a measure of free cash flow for management’s discretionary use, as it does not
include certain cash requirements such as interest payments, tax payments and debt service requirements. We believe that the inclusion of
Adjusted EBITDA in this presentation is appropriate to provide additional information to investors about our operating performance. Not all
companies use identical calculations and as a result this presentation of Adjusted EBITDA may not be comparable to other similarly titled
measures of other companies. Moreover, Adjusted EBITDA as presented for financial reporting purposes herein, although similar, is not the
same as similar terms in the applicable covenants in our ABL Facility or our senior notes. Adjusted EBITDA, as calculated under our ABL Facility
or senior notes would also include, among other things, additional add-backs for amounts related to: cost savings projected by us in good faith
to be realized as a result of actions taken or expected to be taken prior to or during the relevant period; fees and expenses in connection with
certain plant closures and layoffs; and the amount of any restructuring charges, integration costs or other business optimization expenses or
reserve deducted in the relevant period in computing consolidated net income, including any one-time costs incurred in connection with
acquisitions. The appendix sets forth a reconciliation of Adjusted EBITDA to net income (loss) attributable to Masonite for the periods
indicated.
Adjusted EBITDA Flow Through is defined for a given period as the difference between Adjusted EBITDA for such period and for the
comparable period in the previous fiscal year divided by the difference between net sales for such period and for the comparable prior year
period. Adjusted EBITDA Flow Through is a measure used by management to measure the efficiency of converting increases in net sales
growth to increases in Adjusted EBITDA. We believe our presentation of Adjusted EBITDA Flow Through is appropriate to provide additional
information to investors about our operating performance and the efficiency of our operating practices. Not all companies use identical
calculations and as a result this presentation of Adjusted EBITDA Flow Through may not be comparable to other similarly titled measures of
other companies.

4. 1. Company Overview
4. Summary
3. Financial Results
2. Strategic Growth Initiatives

5. Europe, Asia
and Latin
America
22%
Africa
5%
North America
73%
Company Overview
Masonite is a Global Building Products Company
 Established leadership positions in all targeted segments in our largest
market (United States).
 Net Sales of $1.7 billion; approximately 31 million doors sold in 2012.
 An extensive global footprint with 64 manufacturing facilities spread
across 11 countries.
 Serves more than 6,000 customers worldwide in 70 countries.
 One of only two vertically integrated residential door manufacturers
and the only vertically integrated commercial door manufacturer in NA.
Manufacturing Headquarters
North America
CANADA
UNITED STATES
MEXICO
S. America
CHILE
Europe
FRANCE
UK
ISRAEL
CZECH REPUBLIC
IRELAND
Southeast Asia
MALAYSIA
South Africa
SOUTH AFRICA
NA End-Markets*
Geography*
Residential new
construction
34%
Residential
RRR
45%
Non-residential
construction
21%
5
* Based on 2012 pro forma financials

6. Company Overview
Opening Doors to Sustainable Growth
9
Strengthen
The Core
Organic
Growth
Tuck-in
Acquisitions
A Balanced Growth Strategy Built on Core Principals
Continuous
Improvement / Lean
Sigma Culture
Leader in adoption of
innovation &
technology
Demonstrated success
in identifying &
completing strategic
acquisitions
6

7. Company Overview
Masonite Has Transformed Itself Over the Past Several Years
Actions Taken
-
5,000
10,000
15,000
20,000
2006 2012
Pre-Acquisitions Acquisitions
Total Headcount
Cumulative Global Plant Closures
-
10
20
30
40
50
60
2006 2007 2008 2009 2010 2011 2012
7
Warehouses Manufacturing
 Strengthened the Core Business:
• Lean sigma deployed and $100+
million of benefits since 2006
• 54 manufacturing/distribution
facilities rationalized since 2006
• Reduced total headcount by
approximately 40% since 2006
• Automation: Residential interior
door plant in Denmark, South
Carolina
 Drive Organic Growth:
• New Products: Design and
Innovation Leader
• E-commerce: Max Configurator
 Strategic Tuck-in Acquisitions:
• Acquisitions: Eleven strategic
tuck-ins since March 2010
designed to build leadership
positions and strengthen vertical
integration across all targeted
North American door markets

8. 1. Company Overview
2. Strategic Growth Initiatives
4. Summary
3. Financial Results

9. Industry Structure
New Products
E-Commerce
Automation
Vertical Integration Ensures Supply of Key Components
Limited Bad Debt Expense / Product Obsolescence
Higher Adjusted EBITDA to Cash Conversion Ratio
The Combination of These Items is Expected to Grow Share and Expand Margins
Beyond Macro Economic Recovery.
Strategic Growth Initiatives
Four Primary Focus Areas to Grow Share and Expand Margins
9

10. Strategic Growth Initiatives: Industry Structure
Residential Interior Molded Facings and Interior Door Consolidation
NA Residential Interior Molded Facings*
3 Players 2 Players
#
#
(^) – There are only two residential molded interior wood door
manufacturers with a full North American footprint / distribution capability.
Both have been actively consolidating smaller, regional players.
(#) – ONEX acquired JW in October 2011 & JW acquired CMI in October
2012. CMI previously acquired Illinois Flush Door in February 2010.
(*) – Full vertically integrated operations.
NA Residential Interior Doors
6 Players 2 Players^
#
2010
10
2010
2012
2012
2010

11. NA Non-Residential Interior Wood
7 Players^ 4 Players
NA Residential Specialty (Stile & Rail)
4 Players* 2 Players
(^) – Management estimate of seven largest North American Commercial
& Architectural interior wood door manufacturers.
(*) – Management estimate of the four largest Residential Stile & Rail door
manufacturers serving the North American market.
Strategic Growth Initiatives: Industry Structure
Non-Residential and Specialty Door Consolidation
11
2012
2012
2011
2012
2013

12. 12
Baillargeon
BirchwoodMarshfield
Algoma
Ledco
India
Lifetime
Lemieux
Algoma
Marshfield
Door
Components
Residential
Doors
SteelStile & RailMolded
Commercial &
Architectural Doors
Fiberglass
ExteriorInterior Door Core
Veneers /
Facings
Interior
Wood
Steel &
Glass
Leadership
Position
Leadership
Position
Leadership
Position
Leadership
Position
Leadership
Position
Leadership
Position
Leadership
Position
2010-2013 acquisitions. Limited Masonite presence. Defined as #1 or #2 (based on internal estimates).
Strategic Growth Initiatives: Industry Structure
Tuck-In Acquisitions have Created Leadership Positions
Masisa

13. New Products
AutomationE-Commerce
13
Strategic Growth Initiatives
Masonite’s Business is Becoming Increasingly Difficult to Replicate
Vertical Integration
Masonite’s replacement insurance value on our facing
production facilities alone is in excess of $1.0 billion.
Die Fabrication
Facings
Production
Slab Assembly
Pre-Hanging
Pre-Finishing

14. 1,379
764
1,129
0
500
1,000
1,500
2008 2012 2015
300
283
335
0
50
100
150
200
250
300
350
400
2006 2012 2015
2.1
0.8
1.5
0.0
0.5
1.0
1.5
2.0
2.5
2005 2012 2015
New Housing Repair, Renovation, Remodel Commercial
Source: S&P Economic Forecast (Sept. 2013) Source: HIRI (Sept 2013) Source: McGraw Hill Construction (Q3 13)
34%
45%
21%
Housing starts are expected to
increase rapidly over the next
several years.
U.S. Building Construction StartsU.S. Housing Starts U.S. Market Spending
RRR is also expected to
increase, but at a slower rate
than the new housing market.
Recovery in commercial
construction is expected to lag
new housing by ~2 years.
Masonite’s 2012 North America Sales Breakdown
14
(inmm)
(inBn$)
(mmofSqft)
Strategic Growth Initiatives
Masonite is Well Positioned for a Multi-Leg, Multi-Stage Recovery

15. $2 / Door
+~$60 MM
$3 / Door
+~$90 MM
Nearly 60% of all Masonite Doors Sold were in the United States
$1 / Door
+~$30 MM
Hypothetical increase in Adjusted EBITDA per
$1/door increase^
Masonite sold approx. 31 million doors
globally in 2012 with an AUP of ~$55/door
Recent Pricing Activity
(^) – Assuming no change in mix, input costs etc.
Strategic Growth Initiatives
Pricing has the Potential to Significantly Expand Margins
 Industry consolidation and
improving economy should translate
into a better pricing environment.
 Pricing upside can lead to significant
EBITDA growth and margin
expansion.
 March 2013 and Sept 2013 U.S.
wholesale price increase were well-
received by the market.
15

16. 1. Company Overview
2. Strategic Growth Initiatives
4. Summary
3. Financial Results

17. (^) - See appendix for reconciliation of Adjusted EBITDA to Net income (loss) attributable to Masonite.
$425.0
$433.1
$375
$400
$425
$450
$475
$500
$525
$550
Q3'12 Q3'13
$25.0
$28.4
$20
$25
$30
Q312 Q313
7.7 7.7
6.0
6.4
6.8
7.2
7.6
8.0
8.4
8.8
Q2'12 Q2'13
Financial Results: Fiscal 2013 Third Quarter
Door Volume, Net Sales and Adjusted EBITDA
Net Sales Adj. EBITDA^Door Volume
(in millions) (millions of USD) (millions of USD)
Q3‘12 Q3‘13 Q3‘12 Q3‘13 Q3‘12 Q3‘13
$2.0 million of one-time Registration and Equity Listing Costs.=
Excluding One-Time Registration & Listing Costs, Adjusted EBITDA up 13.6%
17

18. Q3'12 Q3'13Q3'12 Q3'13
Financial Results: Fiscal 2013 Third Quarter
Wholesale Volume Pacing Market, Retail Down Behind Lowe’s Loss
North America Wholesale Customer Volume up Double Digits
NA Retail CustomersNA Wholesale Customers
Q3 ‘12 Q3 ‘13 Q3 ‘12 Q3 ‘13
Volume^ Volume^
(^) – Common scale starting at zero.
18

19. Financial Results: Fiscal 2013 Third Quarter
Consolidated P&L Information – Including One-Time Costs
Excluding One-Time Registration & Listing Costs, Adjusted EBITDA Margin +70 bps.
(*) - See appendix for reconciliation of Adjusted EBITDA to Net income (loss) attributable to Masonite.
Net Sales
Gross Profit
Gross Profit %
SG&A
SG&A %
Adj EBITDA*
Adj EBITDA %
Q3’13
$433.1
$59.0
13.6%
$51.4
11.9%
$26.4
6.1%
Q3’12
$425.0
$55.4
13.0%
$52.7
12.4%
$25.0
5.9%
Change
+1.9%
+6.5%
+60 bps.
-2.5%
-50 bps.
+5.6%
+20 bps.
19

20. Financial Results: Fiscal 2013 Third Quarter
Adj. EBITDA Flow Through Rate was Strong For the Third Quarter
Adjusted EBITDA Flow Through^ Rate Improving
Adjusted EBITDA Flow Through Rate*
Pricing Actions
U.S. Wholesale Price Increase in 1Q13
Lean Sigma / Continuous Improvement
Lower SG&A as a percent of sales
Focus on Profitable Products
Discontinued unprofitable product lines in France
Exit Unprofitable Geographies
Romania, Hungary
Tuck-In Acquisition Synergies
Marshfield, Birchwood, Baillargeon, Algoma, Lemieux,
Masisa
(*) – 3Q13 Adj. EBITDA excludes $2.0 million of one-time costs associated with the company’s registration and listing.
(^) – Adj. EBITDA flow through is the quarterly change from prior year fiscal quarter in Adj. EBITDA divided by the quarterly change from prior year fiscal quarter in net sales. See appendix for reconciliation of
Adjusted EBITDA to Net income (loss) attributable to Masonite.
Key Business Drivers of Higher Flow Through
*
0%
5%
10%
15%
20%
25%
30%
35%
40%
45%
Q1'12 Q2'12 Q3'12 Q4'12 Q1'13 Q2'13 Q3'13
20

21. Unrestricted Cash $113.2
ABL Borrowing Base $110.5
AR Purchase Agreement $13.0
Total Available Liquidity $236.7
Liquidity at Sept. 29, 2013 (millions of USD) Financial Policy & Coverage Ratios
4.0 3.9
3.7
3.4 3.4
2.8
2.6 2.6
2.6 2.4
3.2 3.1 3.1
3.3
3.4
1.4
1.6
1.9 2.0
2.2
1.0
2.0
3.0
4.0
5.0
9/30/12 12/30/12 3/31/13 6/30/13 9/29/13
Leverage & Interest Coverage
Total Debt/ Adjusted EBITDA Net Debt/ Adjusted EBITDA Adj. EBITDA/Interest (Adj. EBITDA - Capex) / Interest
Selected Cash Flow Data Q3 2013 Q3 2012
Cash flow from continuing operations $29.8 $28.7
Additions to property, plant & equipment ($24.9) ($32.9)
Cash used in acquisitions ($15.1) ($87.7)
Gross Proceeds from issuance of long-term debt $0 $103.5
Payment of financing costs $0 ($2.0)
Increase (decrease) in cash and cash equivalents ($9.1) ($5.8)
LTM Adj. EBITDA* $111.8
LTM Adj. EBITDA Margin 6.5%
Total Debt $378.3
Net Debt $265.1
Financial Results: Fiscal 2013 Third Quarter
Liquidity, Credit and Debt Profile
(*) - See appendix for reconciliation of Adjusted EBITDA to Net income (loss) attributable to Masonite.
21
Debt Maturity Schedule
Target
financial
leverage
range
$125
$375
0
50
100
150
200
250
300
350
400
2013 2014 2015 2016 2017 2018 2019 2020 2021

22. 1. Company Overview
2. Strategic Growth Initiatives
3. Financial Results
4. Summary

23.  Industry Consolidation – A Fundamentally Changed Industry
• One of two vertically integrated residential door manufacturers in North America
• North American non-residential interior wood door market is undergoing consolidation
 Pricing Trends Improving
• Average unit price increased in Q2 and Q3, following 7 consecutive quarters of price decreases
• A second mid-single digit U.S. Wholesale price increase took effect on September 30, 2013
• 2014 pricing plans being actively worked
 Market Indicators Remain Positive, but Choppiness Expected
• Mortgage rates are low and affordability remains high by historical standards
• Rising home prices should lead to higher repair, renovation and remodel spending
• Long-term, demographically driven demand characteristics remain strong
 Beginning of Multi-Year, Multi-Stage Recovery
• U.S. housing starts
• U.S. repair, renovation & remodeling
• Non-residential construction
Summary
Executing Against A Balanced Set of Strategies to Maximize Value
23

24. Appendix
Non-GAAP Financial Measure

25. 25
Reconciliation of Adjusted EBITDA to Net Income (Loss)
Attributable to Masonite:
(In thousands) September 29, 2013 September 30, 2012 September 29, 2013 September 30, 2012
Adjusted EBITDA excluding one time registration & listing fees 28,432$
One time registration & listing fees 1,998
Adjusted EBITDA 26,434$ 24,985$ 86,072$ 71,644$
Less (plus):
Depreciation 15,505 15,859 47,682 47,486
Amortization of intangible assets 4,277 4,356 12,883 11,070
Share based compensation expense 1,841 1,786 5,752 4,605
Loss (gain) on disposal of property, plant and equipment (2,772) 200 (1,810) 683
Impairment of property, plant and equipment - - 1,904 -
Restructuring costs 1,265 3,829 4,467 5,051
Interest expense (income), net 8,330 7,969 24,788 23,073
Other expense (income), net (255) 80 (776) 1,197
Income taxexpense (benefit) (6,272) (141) (7,716) (6,338)
Loss (income) fromdiscontinued operations, net of tax 62 50 196 (1,520)
Net income (loss) attributable to noncontrolling interest 838 913 2,123 2,131
Net income (loss) attributable to Masonite 3,615$ (9,916)$ (3,421)$ (15,794)$
(In thousands) September 29, 2013 June 30, 2013 March 31, 2013 December 30, 2012 September 30, 2012
Adjusted EBITDA excluding one time registration & listing fees
One time registration & listing fees
Adjusted EBITDA 111,689$ 110,240$ 103,719$ 97,261$ 93,925$
Less (plus):
Depreciation 63,544 63,898 63,933 63,348 62,444
Amortization of intangible assets 16,889 16,968 16,191 15,076 14,070
Share based compensation expense 7,664 7,609 6,792 6,517 5,860
Loss (gain) on disposal of property, plant and equipment 231 3,203 2,750 2,724 1,857
Impairment of property, plant and equipment 3,254 1,350 1,350 1,350 -
Restructuring costs 10,847 13,411 12,330 11,431 5,857
Interest expense (income), net 33,169 32,808 33,051 31,454 29,164
Other expense (income), net (1,445) (1,110) 512 528 1,477
Income taxexpense (benefit) (14,743) (8,612) (9,385) (13,365) (11,143)
Loss (income) fromdiscontinued operations, net of tax 236 224 206 (1,480) (1,465)
Net income (loss) attributable to noncontrolling interest 2,915 2,990 3,070 2,923 2,376
Net income (loss) attributable to Masonite (10,872)$ (22,499)$ (27,081)$ (23,245)$ (16,572)$
Three Months Ended Nine Months Ended
Twelve Months Ended

26. 26
Reconciliation of Adjusted EBITDA to Net Income (Loss)
Attributable to Masonite & Adjusted EBITDA Flow Through:
Adjusted EBITDA Flow Through:
(*) – 3Q13 Adjusted EBITDA excludes one time registration & listing fees
(In thousands) September 29, 2013 June 30, 2013 March 31, 2013 December 30, 2012 September 30, 2012 July 1, 2012
Adjusted EBITDA excluding one time registration & listing fees 28,432$
One time registration & listing fees 1,998
Adjusted EBITDA 26,434$ 33,461$ 26,177$ 25,617$ 24,985$ 26,940$
Less (plus):
Depreciation 15,505 15,651 16,526 15,862 15,859 15,686
Amortization of intangible assets 4,277 4,336 4,270 4,006 4,356 3,559
Share based compensation expense 1,841 2,081 1,830 1,912 1,786 1,264
Loss (gain) on disposal of property, plant and equipment (2,772) 852 110 2,041 200 399
Impairment of property, plant and equipment - 1,904 - 1,350 - -
Restructuring costs 1,265 1,762 1,440 6,380 3,829 681
Interest expense (income), net 8,330 8,208 8,250 8,381 7,969 8,451
Other expense (income), net (255) (363) (158) (669) 80 1,259
Income taxexpense (benefit) (6,272) (408) (1,036) (7,027) (141) (1,181)
Loss (income) fromdiscontinued operations, net of tax 62 44 90 40 50 26
Net income (loss) attributable to noncontrolling interest 838 605 680 792 913 685
Net income (loss) attributable to Masonite 3,615$ (1,211)$ (5,825)$ (7,451)$ (9,916)$ (3,889)$
April 1, 2012 January 1, 2012 October 2, 2011 July 3, 2011 April 3, 2011
Adjusted EBITDA excluding one time registration & listing fees
One time registration & listing fees
Adjusted EBITDA 19,719$ 22,281$ 20,682$ 20,455$ 18,576$
Less (plus):
Depreciation 15,941 14,958 16,015 15,048 14,763
Amortization of intangible assets 3,155 3,000 2,931 2,383 2,255
Share based compensation expense 1,555 1,255 1,373 1,304 1,956
Loss (gain) on disposal of property, plant and equipment 84 1,174 1,230 1,196 54
Impairment of property, plant and equipment - - - 1,770 746
Restructuring costs 541 806 2,451 413 1,446
Interest expense (income), net 6,653 6,091 6,367 5,467 143
Other expense (income), net (142) 280 914 114 (197)
Income taxexpense (benefit) (5,016) (4,805) (7,768) (6,094) (2,893)
Loss (income) fromdiscontinued operations, net of tax (1,596) 55 91 27 130
Net income (loss) attributable to noncontrolling interest 533 245 789 335 710
Net income (loss) attributable to Masonite (1,989)$ (778)$ (3,711)$ (1,508)$ (537)$
Three Months Ended
Three Months Ended
($ In thousands) September 29, 2013 June 30, 2013 March 31, 2013 December 30, 2012 September 30, 2012 July 1, 2012 April 1, 2012
Change in Adj. EBITDA (year over year)* 3,447 6,521 6,458 3,336 4,303 6,485 1,143
Change in Net sales (year over year) 8,094 20,319 24,409 34,385 48,932 51,957 51,552
Adjusted EBITDA Flow Through 42.6% 32.1% 26.5% 9.7% 8.8% 12.5% 2.2%
Three Months Ended