FLE122 Annual Report 2018

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Employee remuneration Section 211(1)(g) of the Companies Act 1993 requires disclosure of the number of employees or former employees of the Company whose remuneration and any other benefits received by them during the year in their capacity as employees, was equal to or exceeded $100,000 per annum and to state the number of such employees or former employees in brackets of $10,000. These amounts are included below and include all applicable employees or former employees of Fletcher Building worldwide. The remuneration amounts include all monetary amounts and benefits actually paid during the year, including redundancies and the face value of long-term incentives vested.

New Zealand business activities

International business activities

New Zealand business activities

International business activities

Total

Total

From NZ$ to NZ$

From NZ$ to NZ$ 100,000 – 110,000 110,000 – 120,000 120,000 – 130,000 130,000 – 140,000 140,000 – 150,000 150,000 – 160,000 160,000 – 170,000 170,000 – 180,000 180,000 – 190,000 190,000 – 200,000 200,000 – 210,000 210,000 – 220,000 220,000 – 230,000 230,000 – 240,000 240,000 – 250,000 250,000 – 260,000 260,000 – 270,000 270,000 – 280,000 280,000 – 290,000 290,000 – 300,000 300,000 – 310,000 310,000 – 320,000 320,000 – 330,000 330,000 – 340,000 340,000 – 350,000 350,000 – 360,000 360,000 – 370,000 370,000 – 380,000 380,000 – 390,000 390,000 – 400,000 400,000 – 410,000 410,000 – 420,000 420,000 – 430,000

510 451 343 249 174 132 128

457 967 430,000 – 440,000 371 822 440,000 – 450,000 268 611 450,000 – 460,000 232 481 460,000 – 470,000 177 351 470,000 – 480,000 125 257 480,000 – 490,000 97 225 490,000 – 500,000 76 148 500,000 – 510,000 65 140 510,000 – 520,000 56 120 520,000 – 530,000 41 104 530,000 – 540,000

3 6 6 3 3 4 1 1 3 1 2 4 0 2 3 2 2 2 1 2 1 1 0 0 1 1 0 0 0 0 0 1

3 3 2 1 2 0 1 1 0 4 1 1 1 0 1 0 1 2 0 1 0 0 1 1 1 0 1 1 1 1 1 0

6 9 8 4 5 4 2 2 3 5 3 5 1 2 4 2 3 4 1 3 1 1 1 1 2 1 1 1 1 1 1 1

72 75 64 63 43 37 25 28 13 18 18 19 9

49 35 33 21 22 13

92 540,000 – 550,000 72 550,000 – 560,000 58 560,000 – 570,000 49 570,000 – 580,000 35 580,000 – 590,000 22 600,000 – 610,000 27 620,000 – 630,000 29 630,000 – 640,000 32 640,000 – 650,000 15 650,000 – 660,000 17 660,000 – 670,000 18 750,000 – 760,000 10 770,000 – 780,000 11 780,000 – 790,000 11 860,000 – 870,000 5 960,000 – 970,000 2 1,090,000 – 1,100,000 9 1,150,000 – 1,160,000 4 1,240,000 – 1,250,000 4 1,260,000 – 1,270,000 3 2,210,000 – 2,220,000

9

11 13

8 9

7 8 4 4 1 3 4 2 3 3 2 2 0

14

6

10

8 1 0 6 1 2 1 5

2,598

2,247 4,845

5

An additional 616 employees are included in this table (above the total number disclosed in the 2017 annual report), predominantly in the remuneration brackets of between 100,000 to 150,000. The additional number disclosed can be attributed in part to currency rate changes inflating remuneration in New Zealand dollar terms, one-off restructuring costs and an increase in performance from FY16 to FY17 (resulting in consequential incentive payments) within some business units in the international Business division.

109 Fletcher Building Limited Annual Report 2018

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