Fletcher Building Industries 2022 Half Year Results

Auckland, 16 February 2022: Fletcher Building Industries Limited (the Company) is a wholly-owned subsidiary of Fletcher Building Limited, and is the issuer of capital notes, which are guaranteed by Fletcher Building Limited on an unsecured subordinated basis. Financial results - Period ended 31 December 2021 Net earnings after tax - $33.7 million Net assets - $540.0 million The net profit after tax of $33.7 million compares with a net profit after tax for the comparable previous period of $45 million. As the Company owns 20 per cent of the shares in Fletcher Building Holdings New Zealand Limited, which in turn owns the shares in Fletcher Building's New Zealand operating subsidiaries, its investment in that Company is equity accounted. The financial performance of the Company should be considered in conjunction with the financial statements of the Fletcher Building Group, including the Group's assessment of the preparation of the financial statements as a going concern. The Company has operated in compliance with the terms of the Trust Deed under which the capital notes were issued. #Ends Authorised by: Chris Reid 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 End CA:00387333 For:FBI Type:HALFYR Time:2022-02-16 08:30:51