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Media Release 9 February 2021 JamesHardie James Hardie Industries Announces Record Third Quarter Fiscal Year 2021 Results Delivered Record Net Sales , Adjusted EBIT and Adjusted NOPAT for the Third Quarter Fiscal Year 2021 Global Net Sales + 20 % to US $ 738.6 Million for the Third Quarter Fiscal Year 2021 Adjusted NOPAT + 59 % to US $ 123.3 Million for the Third Quarter Fiscal Year 2021 Operating Cash Flow + 72 % to US $ 678.4 Million for the First Nine Months of Fiscal Year 2021 Declares Special Dividend of US $ 0.70 per share Raises Fiscal Year 2021 Adjusted NOPAT Guidance Range to US $ 440 Million to US $ 450 Million James Hardie Industries plc ( ASX : JHX ; NYSE : JHX ) , the world's # 1 producer and marketer of high- performance fiber cement and fiber gypsum building solutions announced its third quarter and first nine months of fiscal year 2021 results , for the periods ending 31 December 2020 . Third Quarter Fiscal Year 2021 Highlights , Compared to Third Quarter Fiscal Year 2020 As Applicable : • Global Net Sales + 20 % to US $ 738.6 million Adjusted NOPAT + 59 % to US $ 123.3 million • Global Adjusted EBIT + 57 % to US $ 167.9 million • North America Fiber Cement Segment Net Sales + 20 % and EBIT + 39 % in US Dollars , with EBIT margin up 390 basis points to 30.0 % • North America Fiber Cement Segment exteriors volume + 19 % • Europe Building Products Segment Net Sales + 12 % and EBIT + 300 % in Euros , with EBIT margin up 740 basis points to 10.2 % Asia Pacific Fiber Cement Segment Net Sales + 9 % and EBIT + 34 % in Australian Dollars , with EBIT margin up 520 basis points to 28.1 % James Hardie CEO , Dr. Jack Truong , said , “ Our business accelerated considerably during our fiscal third quarter , marking the seventh consecutive quarter that our global team has delivered growth above market with strong returns . We delivered strong organic growth around the world , with each operating region contributing meaningfully to Global Net Sales up 20 % and an even more impressive 57 % increase in Global Adjusted EBIT . The 530 basis point improvement in our Global EBIT margin to 22.7 % was outstanding , and a testament to our strategy to augment our profit trajectory in each region , particularly in Europe . I am pleased with these record results , underpinned by excellent execution of our business transformation that we began in calendar 2019 , combined with increasing demand for our premium - quality James Hardie brand products and solutions . The transformation we undertook : ( i ) to unlock capacity and increase efficiency in our global manufacturing network through LEAN initiatives and ( ii ) to better integrate our supply chain with our customers , continues to deliver consistent market share gains and the ability to serve our customers seamlessly around the world . We are firmly on track with our investments in growth to broaden our portfolio with industry- leading innovations that enhance aesthetic value for homeowners . Our transformation initiatives will enable us to expand our market opportunity and allow us to continue to deliver strong performance . " Media Release : James Hardie - Third Quarter and Nine Months Ended 31 December 2020 1