Deck post cover repair advice

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Hello, I’m planning to reattach and refinish some deck post wraps, im not exactly sure what this material is called. Maybe others can suggest from the photos. Wood feels solid and not rotted My plan is to remove loose panels, sink existing nails, use exterior screws, fill holes, prime, 2 coats of paint, use lowes paint products if its considered decent and caulk seams. I’m thinking of adding wood strips behind for more secure fastening. I have never done this type of work before. Does adding ...