Fletcher Building Announces Chief Executive Concrete

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

Fletcher Building Announces Chief Executive Concrete

Auckland, 12 September 2024: Fletcher Building Limited (“the Company”) today
announced the appointment of Thornton Williams as permanent Chief Executive of
Fletcher Building’s Concrete Division with immediate effect.

Mr Williams joined Fletcher Building in October 2011, working across various Group
functions including Treasury, Insurance and Risk, before moving into the Concrete,
Chief Financial Officer role in 2021. He was appointed Acting Chief Executive of Fletcher
Building’s Concrete division on 29 March 2024. While in his Concrete CFO role, Mr
Williams had a significant leadership role in the advancement of the Concrete Division’s
performance and was heavily involved in initiatives that drove culture, customer
satisfaction and sustainability.

Before joining Fletcher Building, Mr Williams held senior banking and finance roles in
New Zealand and overseas.

Incoming Group CEO and Managing Director Andrew Reding said, “Over the past
month as I have started to transition into the role of CEO and MD, I have had the
opportunity to work closely with Thornton and witness firsthand his thorough
understanding of Fletcher Building’s Concrete business.

"Thornton brings to the role a deep understanding of the commercial drivers of the
Concrete business and the competitive landscape. He is therefore well-positioned to
lead this high-performing division, not only as Fletcher Building navigates the current
challenging trading conditions but also as economic conditions start to improve and
opportunities for profitable and sustainable growth emerge.

“I look forward to working closely with Thornton and the Fletcher Building Executive
Team when I formally commence my role on 30 September 2024. I would also like to
take the opportunity to thank Acting CEO Nick Traber for his support and commitment
in enabling an orderly and smooth handover of the CEO role.”

#Ends

Authorised by:
Haydn Wong
Company Secretary

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

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