FLETCHER BUILDING LIMITED — Major Shareholding Notification 2021

Apr 15, 2021

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)

Name:

Schroder Investment Management Australia Limited and all of its related bodies corporate

ACN/ARSN (if applicable): 000 443 274

There was a change in the interests of the 14/04/2021 substantial holder on: The previous notice was given to the 15/12/2020 company on: The previous notice was dated: 11/12/2020

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 60,956,508 7.40% 51,334,882 6.23%
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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
12/12/2020 - 14/04/2021	SIMAL	BUY	$39,141.16	6,425 Ordinary Shares	6,425
12/12/2020 - 14/04/2021	SIMAL	SELL	$35,722,230.47	5,708,226 Ordinary Shares	5,708,226

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12/12/2020 - In specie transfer 3,207,964
SIMAL Nil 3,207,964
14/04/2021 out Ordinary Shares
12/12/2020 - 16,219
SIM LTD BUY $110,313.71 16,219
14/04/2021 Ordinary Shares
12/12/2020 - 599,065
SIM LTD SELL $3,526,343.99 599,065
14/04/2021 Ordinary Shares
12/12/2020 - 20,684
SIMNA LTD SELL $126,483.29 20,684
14/04/2021 Ordinary Shares
12/12/2020 - 98,336
SIMSL BUY $568,683.00 98,336
14/04/2021 Ordinary Shares
12/12/2020 - 206,667
SIMSL SELL $1,324,787.44 206,667
14/04/2021 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	4,964,108 Ordinary Shares	4,964,108
SIMAL	BNP Paribas Securities Services	BNP Paribas Securities Services	Power to dispose of securities	11,465,883 Ordinary Shares	11,465,883
SIMAL	Citicorp Nominees Ltd HK	Citicorp Nominees Ltd HK	Power to dispose of securities	6,862,129 Ordinary Shares	6,862,129
SIMAL	JP Morgan Custodial Services	JP Morgan Custodial Services	Power to dispose of securities	20,757,664 Ordinary Shares	20,757,664
SIMAL	National Nominees Ltd - Melbourne	National Nominees Ltd - Melbourne	Power to dispose of securities	1,472,626 Ordinary Shares	1,472,626
SIMAL	UBS AG London Branch	UBS AG London Branch	Power to dispose of securities	2,449 Ordinary Shares	2,449

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Power to dispose 136,989 Ordinary
SIMNA LTD Citibank NY Citibank NY 136,989
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 1,986,836 Ordinary
SIMSL 1,986,836
Bk, London Bk, London of securities Shares
Nikkociti Trust N Nikkociti Trust N
Power to dispose 142,458 Ordinary
SIMSL Banking Corp, Banking Corp, 142,458
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	(Singapore) Limited (“SIMSL”)	138 Market Street, #23-01, CapitaGreen, Singapore