Overview of CSR's Scheme of Arrangement and YEM24 Financial Results

CSR Limited (ASX: $CSR) has released its audited financial statements for the financial year ended 31 March 2024, confirming that the YEM24 Financial Results support the proposed acquisition of CSR by Compagnie de Saint-Gobain for $9.00 cash per share. Kroll Australia Pty Ltd has reviewed the financial results and confirmed that the Scheme is fair and reasonable and in the best interest of CSR Shareholders, in the absence of a superior proposal.

Kroll's Confirmation of Opinion on CSR's YEM24 Financial Results

Kroll Australia Pty Ltd has reviewed CSR's YEM24 Financial Results and has confirmed that the Scheme is fair and reasonable to, and in the best interests of, CSR Shareholders, in the absence of a superior proposal. This confirmation aligns with the Independent Expert's Report contained in the Scheme Booklet, dated 26 April 2024.

Summary of CSR's Scheme Meeting and Outlook

CSR Limited continues to unanimously recommend that shareholders vote in favor of the Scheme, subject to the Independent Expert continuing to conclude that the Scheme is fair and reasonable and in the best interest of CSR shareholders. The Scheme Meeting is scheduled for 13 June 2024, where CSR shareholders will have the opportunity to vote on the acquisition. Shareholders are encouraged to review the Scheme Booklet and the YEM24 Financial Results before making a decision on how to vote on the Scheme. The confirmation from Kroll provides additional support for the proposed acquisition, reinforcing CSR's commitment to the best interests of its shareholders.