FLETCHER BUILDING LIMITED — Major Shareholding Notification 2020

Dec 14, 2020

Form 604

Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme: ACN/ARSN: 093 539 452

Fletcher Building Limited

1. Details of substantial holder (1)

Schroder Investment Management Australia Limited and all of its related bodies Name: corporate ACN/ARSN (if applicable): 000 443 274 There was a change in the interests of the 11/12/2020 substantial holder on: The previous notice was given to the 10/02/2020 company on: The previous notice was dated: 10/02/2020

2. Previous and present voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:

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Class of securities (4) Previous notice Present notice
Person’s votes Voting power (5) Person's votes Voting power (5)
Ordinary Shares 69,517,239 8.42% 60,956,508 7.40%
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3. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:

Date of change	Person whose relevant interest changed	Nature of change (6)	Consideration given in relation to change (7)	Class and number of securities affected	Person’s votes affected
11/02/2020 - 11/12/2020	SIMAL	BUY	$8,205,693.44	2,303,716 Ordinary Shares	2,303,716
11/02/2020 - 11/12/2020	SIMAL	SELL	$21,022,984.35	5,395,635 Ordinary Shares	5,395,635

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11/02/2020 - In specie transfer 752,846
SIMAL Nil 752,846
11/12/2020 out Ordinary Shares
11/02/2020 - 2,173,150
SIM LTD SELL $7,558,584.22 2,173,150
11/12/2020 Ordinary Shares
11/02/2020 - 2,580,390
SIMNA LTD SELL $9,111,422.31 2,580,390
11/12/2020 Ordinary Shares
11/02/2020 - In specie transfer 27,896
SIMNA LTD Nil 27,896
11/12/2020 out Ordinary Shares
11/02/2020 - 150,590
SIMSL BUY $731,007.23 150,590
11/12/2020 Ordinary Shares
11/02/2020 - 133,061
SIMSL SELL $531,413.73 133,061
11/12/2020 Ordinary Shares
11/02/2020 - In specie transfer 47,941
SIMSL Nil 47,941
11/12/2020 in Ordinary Shares
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4. Present relevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

Holder of relevant interest	Registered holder of securities	Person entitled to be registered as holder (8)	Nature of relevant interest (6)	Class and number of securities	Person’s votes affected
SIM LTD	HSBC London	HSBC London	Power to dispose of securities	1,588,596 Ordinary Shares	1,588,596
SIM LTD	JP Morgan Chase B'Mouth	JP Morgan Chase B'Mouth	Power to dispose of securities	5,546,954 Ordinary Shares	5,546,954
SIMAL	BNP Paribas Securities Services	BNP Paribas Securities Services	Power to dispose of securities	11,834,998 Ordinary Shares	11,834,998
SIMAL	Citicorp Nominees Ltd HK	Citicorp Nominees Ltd HK	Power to dispose of securities	7,056,079 Ordinary Shares	7,056,079
SIMAL	JP Morgan Custodial Services	JP Morgan Custodial Services	Power to dispose of securities	22,769,317 Ordinary Shares	22,769,317
SIMAL	National Nominees Ltd - Melbourne	National Nominees Ltd - Melbourne	Power to dispose of securities	7,806,064 Ordinary Shares	7,806,064
SIMAL	UBS AG London Branch	UBS AG London Branch	Power to dispose of securities	4,058 Ordinary Shares	4,058

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Power to dispose 157,673 Ordinary
SIMNA LTD Citibank NY Citibank NY 157,673
of securities Shares
JP Morgan Chase JP Morgan Chase Power to dispose 347,033
SIMNA LTD 347,033
B'Mouth B'Mouth of securities Ordinary Shares
RBC DEXIA RBC DEXIA Power to dispose 603,703 Ordinary
SIMNA LTD 603,703
London London of securities Shares
Power to dispose 353,445 Ordinary
SIMSL Citibank, London Citibank, London 353,445
of securities Shares
JP Morgan Chase JP Morgan Chase Power to dispose 2,086,006 Ordinary
SIMSL 2,086,006
Bk, London Bk, London of securities Shares
Nikkociti Trust N Nikkociti Trust N
Power to dispose 151,619 Ordinary
SIMSL Banking Corp, Banking Corp, 151,619
of securities Shares
Tokyo Tokyo
State Street Bank State Street Bank
Power to dispose 650,963 Ordinary
SIMSL and Trust Co. and Trust Co. 650,963
of securities Shares
(SBOSUS3U) (SBOSUS3U)
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5. Changes in association

The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

Name and ACN/ARSN (if applicable) Nature of association

6. Address

The address of persons named in this form are as follows:

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 LTD”)	Investment	Management	North America (“SIMNA	1 London Wall Place, London EC2Y 5AU
Schroder	Investment	Management	North America (“SIMSL")	138 Market Street, #23-01, CapitaGreen, Singapore