SPH Notice – Schroder Investment Management

Disclosure of movement of 1% or more in substantial holding or change in nature of relevant interest, or both Sections 277 and 278, Financial Markets Conduct Act 2013 Note: This form must be completed in accordance with the instructions at the end of the form. To NZX and To "Fletcher Building Limited" Relevant event being disclosed: Movement of more than 1% in substantial holding Date of relevant event: 30/11/2018 Date this disclosure made: 30/11/2018 Date last disclosure made: 28/11/2017 Substantial product holder(s) giving disclosure Full name(s): Schroder Investment Management (Australia) Limited ("SIMAL") Summary of substantial holding Class of quoted voting products: Ordinary Shares Summary for Schroder Investment Management (Australia) Limited ("SIMAL") For this disclosure,-- (a) total number held in class: 50,303,744 (b) total in class: 853,347,141 (c) total percentage held in class: 5.89% For last disclosure,-- (a) total number held in class: 32,150,024 (b) total in class: 697,040,440 (c) total percentage held in class: 4.61% Summary for Schroder Investment Management Limited ("SIM LTD") For this disclosure,-- (a) total number held in class: 8,785,202 (b) total in class: 853,347,141 (c) total percentage held in class: 1.03% For last disclosure,-- (a) total number held in class: 9,394,325 (b) total in class: 697,040,440 (c) total percentage held in class: 1.35% Summary for Schroder Investment Management North America ("SIMNA LTD") For this disclosure,-- (a) total number held in class: 4,121,592 (b) total in class: 853,347,141 (c) total percentage held in class: 0.48% For last disclosure,-- (a) total number held in class: 2,752,385 (b) total in class: 697,040,440 (c) total percentage held in class: 0.39% Details of transactions and events giving rise to relevant event Details of the transactions or other events requiring disclosure: See attached table Additional information Address(es) of substantial product holder(s): Name Address Schroder Investment Management (Australia) Limited ("SIMAL") Level 20, Angel Place, 123 Pitt Street, Sydney, 2000, Australia Schroder Investment Management Limited ("SIM LTD") 1 London Wall Place, London EC2Y 5AU Schroder Investment Management North America ("SIMNA LTD") 1 London Wall Place, London EC2Y 5AU Name of any other person believed to have given, or believed to be required to give, a disclosure under the Financial Markets Conduct Act 2013 in relation to the financial products to which this disclosure relates: N/A Certification I, Priya Murali, certify that, to the best of my knowledge and belief, the information contained in this disclosure is correct and that I am duly authorised to make this disclosure by all persons for whom it is made. End CA:00327690 For:FBU Type:SHINTR Time:2018-12-03 08:30:18