Update on Bidco's Financing Arrangements

Further to the announcements made by Bidco and H.B. Fuller on 30 September 2026, 6 October 2026 and 13 October 2026 in connection with the financing for the Acquisition, Bidco and H.B. Fuller announce that H.B. Fuller has issued $850,000,000 aggregate principal amount of 7.625% senior unsecured notes due 2034 (the "Note Issuance") pursuant to a third supplemental indenture (the "Supplemental Indenture") dated 21 October 2026 between H.B. Fuller and U.S. Bank Trust Company, National Association, as trustee (the "Trustee"), which supplements the indenture between the Company and the Trustee, dated as of February 14, 2017 (the "Base Indenture," and as supplemented by the Supplemental Indenture, the "Indenture").

In the Scheme Document it was stated that the Unsecured Bridge will be used to finance the Acquisition and certain costs and expenses incurred in connection therewith. The proceeds of the Note Issuance are available for the purposes of financing the Acquisition and, together with existing cash resources available to Bidco, have now replaced the Unsecured Bridge for these purposes. Bidco and H.B. Fuller therefore announce that, on 21 October 2026, the Unsecured Bridge Credit Agreement (a copy of which is available on H.B. Fuller's website at www.hbfuller.com) and the commitments thereunder have been cancelled in their entirety and are no longer in effect.