Ann: FBR Executes Binding US Agreement with CRH Ventures Americas, page-5

ASX AnnouncementFBR Limited1FBR Executes Binding United States Agreement with CRH Ventures Americas, Inc.

• FBR executes binding suite of agreements for United States Demonstration Program with CRH VenturesAmericas, Inc. and exclusive Option to trigger a United States joint venture.

• Once Option exercised, joint venture commences with CRH Americas, Inc. establishing a US$40m rollingloan facility and the joint venture executing a binding conditional purchase order for 20 Hadrian X® units.

• Two further conditional purchase orders of 39 and 40 Hadrian X® units to be placed subject to meetingutilisation and gross margin metrics on Hadrian X® units delivered under preceding orders, followed byoptions for a further 200 Hadrian X® units.

• These agreements further CRH's commitment to innovating for a more sustainable constructionenvironment, where robotics extend the capabilities and longevity of construction workers.

• CRH subsidiaries to become the exclusive concrete block suppliers to the United States joint venture