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Australia-Listed & World Largest Fiber Building Solutions $9.7 Billion James Hardie Industries Shareholders Questioned Australian Securities Exchange (ASX) Waiver of Shareholder Vote for Issuing New Shares in Acquisition of United States AZEK Building Products for $8.75 Billion (23/3/25), James Hardie Industries Ordinary Shares to be Listed on NYSE (New York Stock Exchange), James Hardie to Hold Shareholder Vote to Shift Primary Listing to NYSE, James Hardie Industries Founded in 1888 in Australia with Headquarters in Ireland & Management Team in United States

29th April 2025 | Hong Kong

Australia-listed & world’s largest fiber building solutions James Hardie Industries ($9.7 billion market value) shareholders are questioning Australian Securities Exchange (ASX) waiver of shareholder vote for issuing new shares in acquisition of United States AZEK Building Products for $8.75 billion (23/3/25), with James Hardie Industries ordinary shares to be listed on NYSE (New York Stock Exchange).  On 28th April 2025, James Hardie announced to hold shareholder vote to shift primary listing to NYSE. Announcement (28/4/25): “Following announcement of the AZEK transaction, members of management and the Board have engaged with many of our shareholders to discuss the transaction and how it would provide an opportunity to accelerate our growth strategy, enhance our financial profile and generate meaningful shareholder value for existing James Hardie investors. Following these discussions with our shareholders, the Board is publicly confirming below its position on key elements of corporate governance related to the AZEK transaction. 1) We will continue to maintain an independent Chair and a majority of independent directors.  2) We will continue to align management remuneration with generation of shareholder value and continue to hold an advisory vote on remuneration each year.  3) We are not seeking Foreign Exempt listing status and would hold a shareholder vote before making any decision to change our ASX listing status.”  James Hardie Industries was founded in 1888 in Australia, with headquarters currently in Ireland & management team in United States.  In 2025 March, James Hardie Industries announced to buy United States AZEK Building Products for $8.75 billion (23/3/25).  James Hardie Industries – James Hardie Industries is the world’s #1 producer and marketer of high-performance fiber cement and fiber gypsum building solutions. We employ a diverse global workforce of approximately 5,800 employees across operations in North America, Europe, Australia, and New Zealand, and generated more than $3.9 billion in net sales during our 2024 financial year.  We believe that home is a sanctuary and a canvas for self-expression without compromise. As the trusted innovator and industry leader in the markets where we operate, James Hardie empowers homeowners and building professionals alike to achieve their dream home with premium quality solutions that enable endless possibilities for design and aesthetics, while also delivering trusted protection and long-lasting beauty.  Key to this effort is our dedication to our customers, market driven innovation, an inclusive and empowering company culture, and an unwavering commitment to our Zero Harm safety initiative. We also recognize the company’s ability to influence the communities in which we live and work around the world. While operating with a global mindset, we put great care into how our business impacts the local communities in which we operate and serve by sourcing locally, employing locally and delivering locally.  AZEK Building Products is a leader in the development of premium, low maintenance, exterior building products.  Available to a worldwide audience, our product lines span AZEK Trim, Siding & Moulding, TimberTech Decking, Porch & Railing and Struxure Cabana Systems. The family of brands are synonymous with quality, innovation and made in America, and lead their market areas by continually reinventing product lines and redefining entire product categories.

“ Australia-Listed & World Largest Fiber Building Solutions $9.7 Billion James Hardie Industries Shareholders Questioned Australian Securities Exchange (ASX) Waiver of Shareholder Vote for Issuing New Shares in Acquisition of United States AZEK Building Products for $8.75 Billion (23/3/25), James Hardie Industries Ordinary Shares to be Listed on NYSE (New York Stock Exchange), James Hardie to Hold Shareholder Vote to Shift Primary Listing to NYSE, James Hardie Industries Founded in 1888 in Australia with Headquarters in Ireland & Management Team in United States “

 



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Australia-Listed & World Largest Fiber Building Solutions $9.7 Billion James Hardie Industries to Buy United States AZEK Building Products for $8.75 Billion (23/3/25), James Hardie Founded in 1888 in Australia with Headquarters in Ireland & Management Team in United States

New York City, United States

29th April 2025 – Australia-listed & world’s largest fiber building solutions James Hardie Industries ($9.7 billion market value) has announced to buy United States AZEK Building Products for $8.75 billion (23/3/25).  James Hardie Industries was founded in 1888 in Australia, with headquarters currently in Ireland & management team in United States.  James Hardie Industries – James Hardie Industries is the world’s #1 producer and marketer of high-performance fiber cement and fiber gypsum building solutions. We employ a diverse global workforce of approximately 5,800 employees across operations in North America, Europe, Australia, and New Zealand, and generated more than $3.9 billion in net sales during our 2024 financial year.  We believe that home is a sanctuary and a canvas for self-expression without compromise. As the trusted innovator and industry leader in the markets where we operate, James Hardie empowers homeowners and building professionals alike to achieve their dream home with premium quality solutions that enable endless possibilities for design and aesthetics, while also delivering trusted protection and long-lasting beauty.  Key to this effort is our dedication to our customers, market driven innovation, an inclusive and empowering company culture, and an unwavering commitment to our Zero Harm safety initiative. We also recognize the company’s ability to influence the communities in which we live and work around the world. While operating with a global mindset, we put great care into how our business impacts the local communities in which we operate and serve by sourcing locally, employing locally and delivering locally.  AZEK Building Products is a leader in the development of premium, low maintenance, exterior building products.  Available to a worldwide audience, our product lines span AZEK Trim, Siding & Moulding, TimberTech Decking, Porch & Railing and Struxure Cabana Systems. The family of brands are synonymous with quality, innovation and made in America, and lead their market areas by continually reinventing product lines and redefining entire product categories.




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