ASX Announcement FBR Limited Next-generation Hadrian X® completes US Site Acceptance Testing Highlights  FBR receives confirmation from CRH Ventures that first next-generation Hadrian X® successfully completes Site Acceptance Testing at Fort Myers facility in Florida  Confirmation received from an independent structural engineer that the structure is consistent with design requirements and meets applicable building standards  FBR to receive next tranche of non-refundable payment from CRH Ventures of US$600,000 under Demonstration Program agreement  Construction of the first house in the Demonstration Program to commence shortly Wednesday, 14 August 2024 – Robotic technology company FBR Limited (ASX: FBR; OTCQB: FBRKF) (‘FBR’ or ‘the Company’) is pleased to announce that it has received confirmation from CRH Ventures that the first next-generation Hadrian X® has successfully met their requirements and has completed Site Acceptance Testing at the Fort Myers facility in Florida, United States. An independent structural engineer provided confirmation that the walls of the test build were consistent with the design and met applicable building standards. Completion of Site Acceptance Testing triggered a US$600,000 payment by CRH Ventures to FBR and the commencement of the Demonstration Program. The Demonstration Program requires FBR to construct the external walls of five to ten single-storey houses utilising the next-generation Hadrian X®. The Demonstration Program will commence shortly. The Demonstration Program will be deemed complete when FBR completes construction of its five houses plus up to five houses added to the program by CRH Ventures, with all houses to be certified by an independent structural engineer. Upon completion of the Demonstration Program, FBR will receive a payment of US$400,000 from CRH Ventures under the Demonstration Program agreement. The completion of the Demonstration Program also marks the commencement of a 45-day period for CRH Ventures to exercise the option to form a joint venture for the delivery of Wall as a Service® in the United States. Execution of agreements (Completed) Factory Acceptance Test (Completed) Site Acceptance Test (U.S.) (Completed) Completion of Demonstration Program $800,000 $600,000 $400,000 $200,000 $0 $200,000 $400,000 $600,000 $800,000 $1,000,000 $1,200,000 $1,400,000 $1,600,000 $1,800,000 $2,000,000 *All dollar figures in this chart refer to U.S. Dollars (US$) This announcement has been authorised for release to the ASX by the FBR Board of Directors. Ends FBR Limited (ASX:FBR) | ABN 58 090 000 276 +618 9380 0240 | www.fbr.com.au 122 Sultana Road West, High Wycombe, Western Australia 6057 1 ASX Announcement FBR Limited For more information please contact: For investors: Andrew Edge Investor Relations Manager T: +61 8 9380 0240 andrew.edge@fbr.com.au For investors: (United States) Jonathan Paterson Managing Partner - Harbor Access jonathan.paterson@harbor-access.com For media (Australia): Peter Klinger Cannings Purple T: +61 (0)411 251 540 pklinger@canningspurple.com.au For media (United States): Rafael Brazon-Di Fatta Sachs Media T: +1 850-702-9791 rafael@sachsmedia.com About FBR Limited FBR Limited (ASX: FBR) designs, develops and builds dynamically stabilised robots to address global needs in a safer, more efficient and more sustainable way. These robots are designed to work outdoors using the company’s core Dynamic Stabilisation Technology® (DST®). The first application of DST® is the Hadrian X®, a bricklaying robot that builds structural walls faster, safer, more accurately and with less wastage than traditional manual methods. The Hadrian X® provides Wall as a Service®, FBR’s unique commercial offering, to builders on demand. To learn more please visit www.fbr.com.au About CRH Ventures CRH Ventures is the venture capital unit of CRH, the global leader in building materials solutions. With access to a $250M Venturing and Innovation Fund, CRH Ventures partners with and invests ambitiously and strategically in ConTech and ClimateTech start-ups across the entire construction value chain. To learn more please visit www.crhventures.com FBR Limited (ASX:FBR) | ABN 58 090 000 276 +618 9380 0240 | www.fbr.com.au 122 Sultana Road West, High Wycombe, Western Australia 6057 2