Commerce Commission Winstone Wallboards proceedings

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

Commerce Commission Winstone Wallboards proceedings

Auckland, 1 November 2024: Fletcher Building Limited (FBU) acknowledges the
Commerce Commission’s legal proceedings against Winstone Wallboards have been
filed with the High Court, seeking declarations that Winstone Wallboards contravened
the Commerce Act in relation to its historical use of volume rebates, together with
associated civil pecuniary penalties.

FBU has previously advised of the Commission’s intention to file these legal proceedings
in its announcement of 23 August 2024.

For the reasons set out in its prior announcement, Winstone Wallboards intends to
vigorously defend the Commerce Commission’s proceedings, and notes that they could
take some time to resolve.

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