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Investor Presentaiton

• 1. 2. 3. 4. LEADING REGIONAL FOOTPRINT 14 countries 49 ~3,200 employees 617m m² plasterboard manufacturing operating sites Adding 30m m² board capacity capacity4 23 plasterboard lines External revenue² % 11 Australia South Korea 11 36 ● Thailand 6 • Indonesia 12 ● China 24 • Other USG BORAL INNOVATION INSPIRED BY YOU." New warehouse completed 3 South Korea 32 China 4 8 India 1 1 3 2 1 Vietnam + Middle East Adding 17m m² board capacity MANUFACTURING FOOTPRINT (total number of operating sites³) 18 Plasterboard plants 3 Gypsum mines 28 Other plants4 Thailand 3 Malaysia 2 2 Indonesia Australia mineral fiber ceiling tile, metal ceiling grid, metal products, joint compounds, mineral wool and cornice production Excludes additional capacity planned in India and Vietnam Based on 1H FY18 underlying revenue for USG Boral As at April 2018. Certain manufacturing facilities and gypsum mines held in JV with third parties Production of plasterboard and other products may be at the same physical location CAPACITY UTILISATION REFLECTING GROWING DEMAND Average capacity utilisation of 82% across USG BORAL INNOVATION INSPIRED BY YOU." Plasterboard capacity utilisation and production volume³ • network in 1H FY18, up from ~76% in FY171 Plasterboard production volume CAGR² of 6% p.a. (including Aus/NZ) and 7% p.a. in Asia (excluding Aus/NZ) since FY07 m m² 700 650 600 550 500 450 400 350 300 250 200 1. Based on total production capacity at period end and annualised for 1H FY2018 2. Compound annual growth rate 3. Includes plasterboard and gypsum ceiling tile volumes Capacity utilisation (RHS) Production volume. Capacity at period end FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16 FY17 1H FY18 90% 85% 80% 75% 70% 65% 60% NZ 70 69
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