Slide 1: Mike Pivac, Managing Director & CEO
| _ Mike Pivac Managing Director & CEO!
Slide 2: Introduction
Introductio Richard Grellman Mike Pivac Grant Anderson Greg Smith Ne ‘xecutive Chairmar Managing Director & Non-Executive Director Non-Executive Director Chief Executive Officer Nancy Milne Mark Pivac Aidan Flynn Non-Executive Direct E Director & Chief Financial Officer & Chief Technical Officer Com
Slide 3: Notice of Meeting
1. Notice of Meeting 2. Formal Order of Business 3. Voting 4. Corporate update 5. Shareholder Questions 6. Close of Meeting
Slide 4: Formal Order of Business
. ws Formal Order of Business ,
Slide 5: Ratification of issue of 2022 Placement Shares under Listing Rule 7.1
Ratification of issue of 2022 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 216,509,669
Slide 6: Ratification of issue of 2022 Placement Shares under Listing Rule 7.1A
Ratification of issue of 2022 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 283,490,33
Slide 7: Ratification of issue of March Placement Shares under Listing Rule 7.1
Ratification of issue of March 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 224,463,82
Slide 8: Ratification of issue of March Placement Shares under Listing Rule 7.1A
Ratification of issue of March 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 2,536,172
Slide 9: Corporate Update
Corporate Update
Slide 10: Final phase of works at Willagee sees second storey triple-leaf walls laid
’ • Split across northern and southern sides, each containing eight two-storey units • A number of first-time accomplishments for FBR such as: • Building on a rising site, with each townhouse at a differing elevation; • Triple-leaf common party walls between each townhouse, up to 9.2m high; • a trip
Slide 11: St. James project: Wall as a Service for eight townhouses
’ • FBR contracted by Perth developer, Riculallo Pty Ltd, to provide Wall as a Service® for eight two-storey townhouses in Perth suburb of St. James • Works include construction of concrete slabs of both first and second storeys, footings, structural walls and roof trusses • Hadrian X® is scheduled
Slide 12: Next-generation Hadrian X exceeds lay speed record
® • Next-generation Hadrian X® exceeded previous lay speed record, laying U.S. format masonry blocks at a rate of over 300 blocks per hour with further expected improvements • Following outdoor site demonstrations, the next-generation Hadrian X® will be ready for demonstration work in Australia and
Slide 13: Next-generation Hadrian X features and design
• Modular design with distributed control architecture • Simple to operate by tablet or mobile device • Handles blocks up to 600 x 400 x 300mm (23 Standard Brick Equivalent, weighing up to 45 kgs) • 32-metre-long telescopic boom capable of building three storey structures from roadside • Shuttle sys
Slide 14: Next-generation Hadrian X outdoor site demonstration
® • Following the calibration activities, optimisation works and speed test builds undertaken indoors at FBR’s facilities, the next- generation Hadrian X® mobilised outdoors at FBR’s facilities to simulate work in a dynamic outdoor environment • In addition to the building of an outdoor test structu
Slide 15: WaaS Ops Entities by region
WaaS® Ops Entity (Europe) ✓ Liebherr MoU ✓ Pilot Programs ❑ European certification of Fastbrick Wall System® WaaS® Ops Entity (North America) ✓ WaaS® Entities established ✓ ICC Code Compliant ✓ Florida Building Code Compliant ❑ U.S. deployment of HX WaaS® Ops Entity WaaS® Ops Entity (UAE & KSA) (APA
Slide 16: U.S. market entry progress
® ’ • Three next-generation Hadrian X® robots funded by M & G Investment Management specifically for U.S. markets, expediting FBR’s entry to its largest market globally • U.S. domiciled operating entities established Undersupplied • Fastbrick Wall System® compliant with U.S. building codes Severely
Slide 17: U.S. housing supply, demand and builder completions
Builder completions – Top 10 (2022) Builder Completions • Moody’s estimated a minimum of ~1.5m homes required annually just to meet demand1 D.R. Horton 82,930 Lennar Corp. 68,817 • Chronic undersupply has resulted in a deficit estimated to be between 4.7-20.1m, with PulteGroup 29,111 supply response
Slide 18: Florida and Texas new build opportunity
® • Concentration of new build opportunities in Florida and Texas is highly favourable for FBR and the operation of WaaS® operating centres • Provides significant opportunities to provide WaaS® within close proximity to operating headquarters, with ample access to labour, materials and Liebherr faci
Slide 19: Upcoming priorities
• Introduce next-generation Hadrian X® into Western Australian building market followed by overseas demonstrations, beginning with U.S. • Complete construction at Willagee and St. James with current generation Hadrian X® • Progress manufacture of U.S. spec next-generation Hadrian X® robots for deplo
Slide 20: Questions
sas) Questions
Slide 21: Important Notice
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 condu
Slide 22: Contact details
: T: +61 8 9380 0240 E: investor@fbr.com.au :