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Memorandum To: Market Participants From: NZX Product Operations Date: Monday, 17 January 2022 Subject Rollover of Fletcher Building Industries Limited Capital Notes ("FBI160") Message: Please be advised of the following information relating to the rollover of the Fletcher Building Industries Limited March 2022 Capital Notes ("FBI160") The Election Date for FBI160 is Tuesday, 15 March 2022 and the Election Record Date is 5pm, Tuesday, 25 January 2022. Accordingly, trading in FBI160 will be halted and suspended at close of business on Friday, 21 January 2022. For those who elect to retain their Capital Notes on the new terms, quotation of the new FBI210 Notes will commence on Wednesday, 16 March 2022, being the business day immediately following the Election Date. The new terms and details of FBI210 will be provided in a Quotation Notice, which will be released to market at such time as the information is available. A timetable of events is attached. Please contact NZX Product Operations on +64 4 496 2853 or email productoperations@nzx.com with any queries. ENDS End CA:00386022 For:FBI Type:MEMO Time:2022-01-17 15:35:59