Investor Presentaiton

INDONESIA COUNTRY DYNAMICS . USG BORAL INNOVATION INSPIRED BY YOU." Demand continues to be subdued Competitive price pressures driven by excess industry capacity Competitors building new capacity recognising strong growth potential from increased product penetration Expect economic recovery with increased political stability in 2019 Plasterboard: Industry capacity vs demand¹ m m² Industry capacity --Plasterboard demand -100 • USG Boral: Player in high-end retail and project segments and growing presence in mid-tier segment Knauf, St Gobain and Yoshino are key competitors in mid-tier segment Aplus and other brands compete in low-end retail segment Plasterboard share¹ USG Boral Knauf 40-45% Siam Indo (Elephant) Saint Gobain ■Yoshino ■Aplus Total 100m m² FY09 FY13 FY14 FY15 FY16 FY17 FY18F 1. USG Boral management estimates OUR BRAND OFFERING MULTI-SEGMENT APPROACH Price index Base price 85-90 High-end Brand positioning Support jayaboard® SHEETROCK® • Premium brand . System offering INDO BOARD USGBORAL 75-85 Mid-tier 65-75 Low-end Key competitor • • Technical assistance Guarantee offering Customer service • Quality assurance Price • Promotion Customer service Price Promotion • Store branding Minimising logistics costs USG BORAL INNOVATION INSPIRED BY YOU." Indo Board launched January 2016 Growing mid-tier segment Retailers channel 88 87

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