Moody’s affirms FBU Baa3 ratings, changes outlook to stable

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

Moody’s affirms FBU Baa3 ratings, changes outlook to stable

Auckland, 27 September 2024: Fletcher Building Limited (the “Company”) has been
notified that credit rating agency Moody’s Ratings has affirmed the Company’s Baa3
credit rating and revised the outlook from negative to stable. This amendment also
applies to the rating for the Company’s medium-term note (MTN) program.

Fletcher Building incoming CEO Andrew Reding said: “The Company is pleased with the
revision of the rating to a stable outlook, and remains committed to the credit metrics
which underpin our original rating of Baa2 on a stable outlook.”

#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