Announcement of A$ Offer Price for Retail Entitlement Offer

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

NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES

Announcement of A$ Offer Price for Retail Entitlement Offer

Auckland, 25 September 2024: Fletcher Building (“Fletcher Building” or the
“Company”) advises that the A$ Offer Price has been set at A$2.20 for the retail
component of the 1 for 4.49 accelerated non-renounceable entitlement offer (“Retail
Entitlement Offer”). The A$ Offer Price was determined using the AUD/NZD exchange
rate published by the Reserve Bank of New Zealand on its website at 3.00pm NZST on
Tuesday, 24 September 2024.

The Retail Entitlement Offer opens on Thursday, 26 September 2024.

#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

This announcement has been prepared for publication in New Zealand and Australia
and may not be released or distributed in the United States. This announcement does
not constitute an offer, invitation or recommendation to subscribe for or purchase any
security or financial product and neither this announcement nor anything attached to
this announcement shall form the basis of any contract or commitment. In particular,
this announcement does not constitute an offer to sell, or the solicitation of an offer to
buy, securities in the United States or any other jurisdiction in which such an offer would
be illegal. Any securities described in this announcement have not been, and will not be,
registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”),
or the securities laws of any state or jurisdiction of the United States and may not be
offered or sold directly or indirectly in the United States except in transactions exempt
from, or not subject to, the registration of the U.S. Securities Act and any other applicable
U.S. state securities laws. The New Shares to be offered and sold in the Retail Entitlement
Offer may only be offered and sold outside the United States in “offshore transactions”
(as defined in Rule 902(h) under the U.S. Securities Act) in reliance on Regulation S under

Fletcher Building Limited, Private Bag 92114, Auckland 1142, 810 Great South Road, Penrose, Auckland 1061, New Zealand
2
the U.S. Securities Act.

None of Fletcher Building or any of its subsidiaries, advisors or affiliates (or any of their
respective officers, employees or agents) makes any representation, assurance or
guarantee as to the accuracy or likelihood of fulfilment of any forward looking statement
or any outcomes expressed or implied in any forward looking statements. Statements
about past performance are not necessarily indicative of future performance.