Boral Strategic Update and Developments

Leadership team and organisational structure Organisational restructure is improving focus, coordination and leveraging experience Boral Australia CEO Wayne Manners BORAL QLD & Supply Chain Simon Jeffery NSW & Major Projects Greg Price South Region & Diversity Inclusion Cement 1 Lloyd Wallace WA/NT John Ralph Rajeev Ramankutty Boral Land & Property Group Brian Tasker Project Management Office (Major Projects) reporting to NSW Executive GM Supply chain initiative being led by Qld Executive GM • New WA and cement Executive GMs • Dedicated Health, Safety & Environment (HSE) resource with elevated reporting to Boral Australia CEO • Product Councils consolidated to report to Strategy & Development to leverage activities and optimise resources • Consolidated Customer Experience and Commercial Excellence under Commercial Development & Marketing FUNCTIONAL TEAM Strategy & Development Finance Human Resources HSE Commercial Development & Marketing Digital Solutions Procurement 1. From 1 July 2019 Strengthening the business for today and the long term Focused on sustaining a strong business through capability and strategic investments . Driving a people based, safety focused culture that maximises performance and supports business objectives BOR Completing generational investments in quarries and cement to further strengthen our leading positions, as well as strategic downstream concrete and asphalt investments Building on the continuous improvement approach to optimise • Boral's cost base and improve efficiencies, including through innovation and technology • Embedding a customer orientation and effective pricing practices across all businesses Strengthening business responsiveness to changes in the external environment eg. customers, markets, competition, regulation BORAL 9 Orange Grove Quarry, WA 10

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