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Fletcher Building completes the sale of Tradelink

1/10/2024, 08:30 NZDT, TRANSACT

Auckland, 30 September 2024: Fletcher Building Limited announced today that it has completed the sale of Tradelink, its Australian plumbing supplies and distribution business, to Metal Manufactures Pty Limited. As previously disclosed, the sale price of A$170 million comprises a cash payment of A$160 million paid on settlement, with the remaining A$10 million cash payment based on achieving separation milestones. Separation is expected to take up to two years and be completed by September 2026. 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