Fletcher Building Announces Board Changes

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

Fletcher Building Announces Board Changes

Auckland, 24 June 2024: Fletcher Building Limited (the “Company”) today announced
that Rob McDonald has informed the Board of his decision to step down as a director
on 30 June 2024, in the interests of facilitating the acceleration of Board renewal. This
brings forward his departure, which was originally scheduled for the Company’s 2024
Annual Shareholders’ Meeting in October.

Fletcher Building Acting Chair Barbara Chapman expressed the Company’s gratitude
for Mr McDonald’s tenure as a director since 2018: "On behalf of Fletcher Building, I
wanted to thank Rob for his contribution to the Board and the company over the past
six years, particularly in his role as Chair of the Audit and Risk Committee.

Rob’s previously signalled departure is being addressed as part of the Board renewal
process that we have underway. We will update shareholders as we make progress
with that process."

Current Audit and Risk Committee member, Sandra Dodds, will replace Mr McDonald
as Chair of that Committee. Director Cathy Quinn has been appointed as the new Chair
of the Safety, Health, Environment and Sustainability Committee, replacing departing
director Doug McKay.

#ENDS

Authorised by:
Haydn Wong
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