Update on Chair Succession Process

Fletcher Building Limited, Private Bag 92114, Auckland 1142, 810 Great South Road, Penrose, Auckland 1061, New Zealand


Fletcher Building Announces Update on Chair Succession Process

Auckland, 4 March 2024: the Board of Fletcher Building Limited (the “Company”) today
announced an update to shareholders on the Chair succession process it is
undertaking.

Mr Bruce Hassall has decided to step down as Chair and director of the Company and
Fletcher Building Industries Limited with immediate effect.

Mr Hassall’s decision is to expedite the appointment of a new permanent Chair, who will
then lead the appointment of a new CEO.

Ms Barbara Chapman has been appointed as acting Chair and will lead the external
and internal search process for the new Chair. Ms Chapman will not be putting herself
forward for the permanent Chair role.

Ms Chapman said: “The Board and Management continue to prioritise the operational
performance of the Company, finalisation of the NZICC project, and managing the
Western Australia plumbing matters.”

#Ends.

Authorised by:
Ashleigh Harding
Company Secretary

For further information please contact:

MEDIA
Christian May
General Manager – Corporate Affairs
+64 21 305 398
Christian.May@fbu.com
INVESTORS AND ANALYSTS
Aleida White
Head of Investor Relations
+64 21 155 8837
Aleida.White@fbu.com