Announcement PDF : 2 1. Notice of Meeting 2. Formal Order of Business 3. Voting 4. Corporate update 5. Shareholder Questions 6. Close of Meeting 3 4 Adoption of the Remuneration Report To consider and, if thought fit, to pass the following resolution as an ordinary resolution, noting that the vote on this Resolution is advisory only and is not binding: “That, for the purpose of section 250R(2) of the Corporations Act and for all other purposes, the Remuneration Report for the Company (which is contained in the Directors’ Report in the Annual Report) for the financial year ended 30 June 2024 be adopted.” Instructions given to validly appointed proxies (as at proxy close) For Against Proxy’s Discretion Abstain Excluded Votes % 5 Election of Director – Mr Glenn Cooper To consider and, if thought fit, to pass the following resolution as an ordinary resolution: “That for the purposes of Article 6.3 of the Constitution, Listing Rule 14.4 and for all other purposes, Mr Glenn Cooper, who was appointed as an additional Director by the Board on 24 April 2024 under Article 6.2(b) of the Constitution, and who retires and is eligible for re-election as a Director, is so re-elected.” Instructions given to validly appointed proxies (as at proxy close) For Against Proxy’s Discretion Abstain Excluded Votes % 6 Election of Director – Ms Shannon Robinson To consider and, if thought fit, to pass the following resolution as an ordinary resolution: “That for the purposes of Article 6.3 of the Constitution, Listing Rule 14.4 and for all other purposes, Ms Shannon Robinson, who was appointed as an additional Director by the Board on 24 April 2024 under Article 6.2(b) of the Constitution, and who retires and is eligible for reelection as a Director, is so re-elected.” Instructions given to validly appointed proxies (as at proxy close) For Against Proxy’s Discretion Abstain Excluded Votes % 7 Re-Election of Director – Mr Mark Pivac To consider and, if thought fit, to pass the following resolution as an ordinary resolution: “That Mr Mark Pivac, a Director who retires by rotation in accordance with Article 6.3 of the Constitution, Listing Rule 14.4 and for all other purposes, being eligible and offering himself for re-election, is so re-elected.” Instructions given to validly appointed proxies (as at proxy close) For Against Proxy’s Discretion Abstain Excluded Votes % 8 Approval of 7.1A 10% Placement Facility To consider and, if thought fit, to pass the following resolution as a special resolution: "That, for the purpose of Listing Rule 7.1A and for all other purposes, approval is given for the issue of up to that number of Equity Securities as is equal to up to 10% of the issued capital of the Company at the time of issue, calculated in accordance with the formula prescribed in Listing Rule 7.1A.2 and otherwise on the terms and conditions set out in the Explanatory Memorandum." Instructions given to validly appointed proxies (as at proxy close) For Against Proxy’s Discretion Abstain Excluded Votes % 9 Ratification of prior issue of January Placement Shares under Listing Rule 7.1 To consider and, if thought fit, to pass the following resolution as an ordinary resolution: “That, for the purposes of Listing Rule 7.4 and for all other purposes, Shareholders ratify and approve the previous issue of 466,371,663 Shares to professional and sophisticated investors on the terms and conditions set out in the Explanatory Memorandum.'' Instructions given to validly appointed proxies (as at proxy close) For Against Proxy’s Discretion Abstain Excluded Votes % 10 Ratification of prior issue of August Placement Shares under Listing Rule 7.1A To consider and, if thought fit, to pass the following resolution as an ordinary resolution: “That, for the purposes of Listing Rule 7.4 and for all other purposes, Shareholders ratify and approve the previous issue of 328,947,368 Shares to professional and sophisticated investors on the terms and conditions set out in the Explanatory Memorandum.'' Instructions given to validly appointed proxies (as at proxy close) For Against Proxy’s Discretion Abstain Excluded Votes % 11 Issue of Class A Performance Rights to Mr Michael Pivac To consider and, if thought fit, to pass the following resolution as an ordinary resolution: “That, for the purposes of Listing Rule 10.14 and for all other purposes, approval is given for the issue of 25,000,000 Class A Performance Rights to CEO and Managing Director, Mr Michael Pivac, on the terms and conditions set out in the Explanatory Memorandum.” Instructions given to validly appointed proxies (as at proxy close) For Against Proxy’s Discretion Abstain Excluded Votes % 12 Issue of Class A Performance Rights to Mr Mark Pivac To consider and, if thought fit, to pass the following resolution as an ordinary resolution: “That, for the purposes of Listing Rule 10.14 and for all other purposes, approval is given for the issue of 25,000,000 Class A Performance Rights to CTO and Executive Director, Mr Mark Pivac, on the terms and conditions set out in the Explanatory Memorandum.” Instructions given to validly appointed proxies (as at proxy close) For Against Proxy’s Discretion Abstain Excluded Votes % 13 Issue of Class B Performance Rights to Mr Michael Pivac To consider and, if thought fit, to pass the following resolution as an ordinary resolution: “That, for the purposes of Listing Rule 10.14 and for all other purposes, approval is given for the issue of 25,000,000 Class B Performance Rights to CEO and Managing Director, Mr Michael Pivac, on the terms and conditions set out in the Explanatory Memorandum.” Instructions given to validly appointed proxies (as at proxy close) For Against Proxy’s Discretion Abstain Excluded Votes % 14 Issue of Class B Performance Rights to Mr Mark Pivac To consider and, if thought fit, to pass the following resolution as an ordinary resolution: “That, for the purposes of Listing Rule 10.14 and for all other purposes, approval is given for the issue of 25,000,000 Class B Performance Rights to CTO and Executive Director, Mr Mark Pivac, on the terms and conditions set out in the Explanatory Memorandum.” Instructions given to validly appointed proxies (as at proxy close) For Against Proxy’s Discretion Abstain Excluded Votes % 15 Issue of Class C Performance Rights to Mr Michael Pivac To consider and, if thought fit, to pass the following resolution as an ordinary resolution: “That, for the purposes of Listing Rule 10.14 and for all other purposes, approval is given for the issue of 25,000,000 Class C Performance Rights to CEO and Managing Director, Mr Michael Pivac, on the terms and conditions set out in the Explanatory Memorandum.” Instructions given to validly appointed proxies (as at proxy close) For Against Proxy’s Discretion Abstain Excluded Votes % 16 Issue of Class C Performance Rights to Mr Mark Pivac To consider and, if thought fit, to pass the following resolution as an ordinary resolution: “That, for the purposes of Listing Rule 10.14 and for all other purposes, approval is given for the issue of 25,000,000 Class C Performance Rights to CTO and Executive Director, Mr Mark Pivac, on the terms and conditions set out in the Explanatory Memorandum.” Instructions given to validly appointed proxies (as at proxy close) For Against Proxy’s Discretion Abstain Excluded Votes % 17 : 18 • Further strengthened IP portfolio with next-generation Hadrian X® related patents, further solidifying market-leading IP position • Suite of agreements with CRH Ventures – representing a significant opportunity for FBR and expansion of WaaS® globally • US$2.0m JV Option (US$1.6m received so far) • 10 home Demonstration Program in Florida • Completed Factory and Site Acceptance Testing (incl. achieving avg. effective lay rate of 330 blocks per hour) • 6/10 homes of Demonstration Program built • Completed a number of construction projects in AU & USA • 16 townhouse project at Willagee • 8 townhouse project at St James • 6 homes in Fort Myers (CRH Demonstration Program) • Extension to MoU with Liebherr-Mischtechnik • Deployed Hadrian X® and FBR team to Florida for Demonstration Program 19 • FBR continues to implement a culture of safety, quality and continuous improvement, ensuring our operations are executed safely, to the highest standard and our people go home safely at the end of each day Incidents 80 71 52 60 40 • As we grow, so does the need to maintain quality and mitigate the risks to our people and our assets 20 18 18 2021 2022 7 0 • Significant improvements in SHEQ outcomes seen during FY24 2020 2023 2024 Injuries 20 16 16 Health & Safety Quality Environmental 1. Risk Assessment and Management Thorough risk assessments for Hadrian manufacturing & construction. Proactive with potential hazards and implement control measures to mitigate risks. 1. Quality Management System ISO 9001 and applicable standards to ensure consistent quality in Hadrian manufacturing & construction processes. Regularly reviews and update policies and procedures. 1. Sustainable Practices Sustainable materials and energy efficient manufacturing & construction. Waste reduction and recycling programs. 2. Training and Competency Regular training on health and safety protocols. Ensure that all staff are competent in operating machinery and Hadrian’s safely. 2. Continuous Improvement Continuous improvement program to identify and address areas for improvement. Use feedback to enhance quality 2. Environmental Impact Assessment Environmental impact assessments for projects to identify and mitigate negative effects. Implement plans to minimize footprint and resource consumption. 3. Supplier Quality Management Stringent criteria for selecting and evaluating suppliers. Conduct regular audits to ensure suppliers meet standards 3. Compliance and Reporting Ensure compliance with all relevant environmental regulations and standards. Regularly monitor and report on environmental performance. 3. Safety Culture Continue to foster a safety-first culture employees are encouraged to report. Safety Leaders in field supporting safety first culture and investigations. 4. Emergency Preparedness Regularly update emergency response plans. Conduct regular drills to ensure readiness for emergencies. Integration & Implementation 1. Policy Embedment Policies that align with the company’s values. Communicate these policies to all stakeholders. 2. Performance Monitoring KPIs to monitor performance. Regularly review and analyze performance data to identify trends and improvements. 3.Stakeholder Engagement Engage with stakeholders to gather input and build support for initiatives. Provide regular updates on performance and initiatives. 4. Technology and Innovation Leverage advanced technologies to enhance HSQE management. Invest in research and development to continuously improve practices. 12 9 8 8 8 4 3 0 2020 2021 2022 2023 Improvements 50 41 2024 44 40 30 15 20 10 0 1 2020 2021 0 2022 2023 2024 20 • CRH Ventures, subsidiary of CRH plc (NYSE:CRH, ~US$70bn market cap) • A leading supplier of building materials with established operations globally • A U.S. JV providing WaaS® will generate new revenue streams and differentiated products relative to existing business model: − Revenue from delivery of erected wall (WaaS®), not just manufacture of blocks − Construction automation improves competitive advantage and efficiency − Delivering customers real-time advantages and cost savings • Currently undertaking 10 home Demonstration Program with CRH Ventures in Fort Myers, Florida – 60% complete • CRH Ventures may exercise option to form JV any time up until 45 days post-completion of Demonstration Program • Upon formation of JV, CRH Ventures will provide JV with: • US$40m revolving loan facility to fund manufacture of Hadrian X® robots; and • initial purchase order for 20 Hadrian X® robots valued at US$40m Non-refundable Payment schedule • Pathway to fleet of 300 Hadrian X® robots set out with purchase order tranches that set base expansion rate for the JV and can be accelerated by agreement to meet the needs of the market1 Execution of agreements (Complete) US$200K US$800K Site Acceptance Test (Complete) Completion of Demonstration Program US$600K US$400K Cape Coral Lehigh Acres Operational hub Fort Myers, Florida $0 1. 2. Factory Acceptance Test (Complete) Babcock Ranch $500,000 $1,000,000 $1,500,000 $2,000,000 Refer presentation released to ASX on 18 January 2024 for rubric outlining details of pathway to 300 Hadrian X® robots in the agreement All dollar figures in this chart refer to U.S. Dollars (US$) 21 1 2 3 4 5 6 New Century USA New Century USA 164m2 166m2 2,211 CMUs & Bond Beam Blocks 2,243 CMUs & Bond Beam Blocks Single storey Layout: Builder: 3 Bedroom, 2 Bathroom, Double Garage New Century USA New Century USA Christopher Alan Homes Next-generation Hadrian X (H03) Robot: Wall Area: 166m2 166m2 135m2 135m2 Besser Blocks (Concrete Masonry Unit) - 397mm x 194mm x 191mm Concrete Bond Beam Blocks Block Type: Block count: Christopher Alan Homes 2,243 CMUs & Bond Beam Blocks 2,243 CMUs & Bond Beam Blocks 1,779 CMUs & Bond Beam Blocks 1,782 CMUs & Bond Beam Blocks 22 Hadrian X® Manufacturing • Development roadmap outlines updates to modules of each individual Hadrian X® configuration as additional units are manufactured • H04 (Isuzu) currently ~94% complete • H05 (Mack) manufacturing progressing – First Mack truck expected to arrive 30 Nov • Areas of development focus aim to further improve speed, accuracy, reliability and overarching economics of Hadrian X® • Current roadmap contains configuration plans for the first 8 Hadrian X® units with various updates to modules scheduled for implementation over time • H04 will see updates to shuttles, boom and lay-head, while H05 sees the largest number of changes, with updates to base frame, pallet chain conveyor, shuttle management system, transfer robot, pallet ejector, carousel rotator and roof Development of shuttles highlights additional use cases with the ability to transport heavy objects vertically at speed Scaling Manufacturing Capability • Initial purchase order of 20 Hadrian X® units from US JV, including requirement of four Hadrian X® within first 12 months • Scoping of scaling requirements for machinery, labour and capital equipment to ramp up production underway Utilising rapid prototyping, FBR is able to quickly design, develop and implement changes to parts and modules 23 • Fully underwritten Share Purchase Plan to raise up to $8 million at $0.038 before costs, representing an 11.6% discount to close price on 31 October 2024 • Offer open to eligible shareholders to purchase up to $30,000 of new fully paid ordinary shares in FBR with no brokerage, commission or transaction costs • Funds raised to provide additional working capital to deliver a number of key upcoming milestones including completing the second half of the 10 home Demonstration Program with CRH Ventures Parcels of Shares available under the Offer Number of Shares Total amount payable 26,316 (min) $1,000.00 65,789 $2,500.00 131,579 $5,000.00 197,368 $7,500.00 263,158 $10,000.00 328,947 $12,500.00 394,737 $15,000.00 460,526 $17,500.00 526,316 $20,000.00 592,105 $22,500.00 657,895 $25,000.00 723,684 $27,500.00 789,474 (max) $30,000.00 Timetable Event Record date for SPP Announcement of the SPP and trading halt lifted Date 5.00pm (AWST), Friday, 1 November 2024 Monday 4 November 2024 SPP offer Opening Date Thursday, 7 November 2024 SPP offer Closing Date 5.00pm (AWST), Tuesday, 26 November 2024 Announcement of results of SPP Friday, 29 November 2024 Issue and allotment of new shares under the SPP Tuesday, 3 December 2024 SPP holding statements dispatched and trading new shares under SPP commences Wednesday, 4 December 2024 FBR Share Purchase Plan Website www.computersharecas.com.au/fbrspp 24 Event Indicative timing ✓ Successful execution of Factory Acceptance Test (FAT) Completed ✓ Transport of Hadrian X® to the US Completed ✓ Successful execution of Site Acceptance Test (SAT) in Florida Completed ✓ Formal appointment of builders for Demonstration Program Completed ✓ Build first six homes of Demonstration Program Completed ❑ Completion of fully-underwritten SPP to raise up to $8.0 million 26 November 2024 ❑ Completion of 10 house Demonstration Program Q4 CY2024 ❑ VIP Demonstration (U.S.) - Media, Strategic Stakeholders (re-scheduled due to bad weather) Q4 CY2024 ❑ JV Option exercised Up to 45 days post-Demonstration Program ❑ CRH Ventures Americas to provide US$40m debt facility to Fastbrick Americas JV At exercise of JV Option ❑ FBR to receive US$40m purchase order for first tranche of 20 Hadrian X® units (of potential 300 machine order) At exercise of JV Option ❑ Commercial wall offtake agreements with key builder clients in Florida Q1 CY2025 25 : Important Notice This presentation has been prepared by FBR Limited. This document contains background information about FBR Limited which is current as at the date of this presentation. The presentation is in summary form and does not purport to be all inclusive or complete. Recipients should conduct their own investigations and perform their own analysis in order to satisfy themselves as to the accuracy and completeness of the information, statements and opinions contained in this presentation. This presentation is for information purposes only. Neither this presentation nor the information contained in it constitutes an offer, invitation, solicitation or recommendation in relation to the purchase or sale of FBR Limited shares in any jurisdiction. This presentation may not be distributed in any jurisdiction except in accordance with the legal requirements applicable in such jurisdiction. Recipients should inform themselves of the restrictions that apply in their own jurisdiction. A failure to do so may result in a violation of securities laws in such jurisdiction. This presentation does not constitute investment advice and has been prepared without taking into account the recipient's investment objectives, financial circumstances or particular needs, and the opinions and recommendations in this presentation are not intended to represent recommendations of particular investments to particular persons. Recipients should seek professional advice when deciding if an investment is appropriate. All securities transactions involve risks, which include (among others) the risk of adverse or unanticipated market, financial or political developments. To the fullest extent permitted by law, FBR Limited, its officers, employees, agents and advisers do not make any representation or warranty, express or implied, as to the currency, accuracy, reliability or completeness of any information, statements, opinions, estimates, forecasts or other representations contained in this presentation. No responsibility for any errors or omissions from this presentation arising out of negligence or otherwise is accepted. This presentation may include forward looking statements. Forward looking statements are only predictions and are subject to risks, uncertainties and assumptions which are outside the control of FBR Limited. For example (without limitation), supply chain challenges, capital markets, global unrest, inflation and sovereign risk could impact our business. Actual values, results or events may be materially different to those expressed or implied in this presentation. All amounts stated within this presentation are stated in Australian Dollars unless otherwise stated. Figures stated within this presentation may contain immaterial rounding differences. 27 : : T: +61 8 9380 0240 E: investor@fbr.com.au Graphical user interface, text, application Description automatically generated Graphical user interface, text, application Graphical user interface, text, application Graphical user interface, text, application Description automatically generated Description automatically generated Description automatically generated A black background with a black square Description automatically generated with medium confidence Graphical user interface, text, application Description automatically generated