Page 1

Media Release 10 August 2021 JamesHardie ™ James Hardie Industries Announces Record First Quarter Fiscal Year 2022 Results Delivered Record Quarterly Net Sales , Adjusted EBIT & Adjusted Net Income Global Net Sales + 35 % to US $ 843.3 Million for the First Quarter Adjusted Net Income + 50 % to US $ 134.2 Million for the First Quarter Raises Fiscal Year 2022 Adjusted Net Income Guidance Range to US $ 550 Million and US $ 590 Million from US $ 520 Million and US $ 570 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 record results for its first quarter fiscal year 2022 , the three month period ending 30 June 2021 . First Quarter Fiscal Year 2022 Highlights , Compared to First Quarter Fiscal Year 2021 , as Applicable : • • • North America Fiber Cement Segment Net Sales increased + 28 % to US $ 577.1 million and Adjusted EBIT increased + 29 % to US $ 169.3 million in US Dollars , with an Adjusted EBIT margin of 29.3 % Europe Building Products Segment Net Sales increased + 37 % to € 103.3 million and Adjusted EBIT increased + 575 % to € 13.5 million Euros , with an Adjusted EBIT margin expansion of 1,020 basis points to 13.1 % Asia Pacific Fiber Cement Segment Net Sales increased + 33 % to A $ 184.1 million and Adjusted EBIT increased + 50 % to A $ 50.4 million in Australian Dollars , with an Adjusted EBIT margin expansion of 300 basis points to 27.4 % Global Adjusted EBIT increased + 45 % to US $ 180.5 million , with an Adjusted EBIT Margin expansion of 150 basis points to 21.4 % Global Net Sales increased + 35 % on Global Volume growth of + 25 % , as all three regions start to build momentum on executing the global strategy of driving high value product mix penetration James Hardie CEO , Dr. Jack Truong , said , " I am very pleased that this first quarter marked our ninth consecutive quarter of delivering growth above market and strong returns . In our investor day at the end of May , we described our three critical initiatives for fiscal year 2022 through fiscal year 2024 : ( 1 ) market directly to homeowners to accelerate demand creation , ( 2 ) penetrate and drive profitable growth in existing and new segments and ( 3 ) commercialize global innovations by expanding into new categories . Further , we discussed our focus on driving a high value product mix in all three regions . We are making good progress on our stated global strategy . Globally , we continue to enable our customers to make more money by selling more James Hardie products . Our high value product mix provides homeowners with products that combine long lasting beauty and endless design possibilities , with trusted protection and low maintenance . " Dr. Truong continued , “ During the first quarter we took an important step in our innovation journey , commercializing Hardie Textured Panels in North America , Hardie ™ Fine Texture Cladding in Australia , and Hardie ⓇVL Plank in Europe . I am even more excited about the innovation pipeline that our team continues to relentlessly focus on , as we strive to truly transform the way the world builds . " Media Release : James Hardie - First Quarter Ended 30 June 2021 1