![]() Financial
and Market Dynamics  September 2015 
Exhibit 99.4   | 
  ![]() DISCLAIMER  FORWARD-LOOKING STATEMENTS  This Investor Presentation contains forward-looking statements. James Hardie Industries plc (the company) may from time to time
make forward-looking statements in its periodic reports   filed with or
furnished to the Securities and Exchange Commission, on Forms 20-F and 6-K, in its annual reports to shareholders, in offering circulars, invitation memoranda and   prospectuses, in media releases and other written materials and in oral statements made by the companys officers, directors or employees to
analysts, institutional investors, existing and   potential lenders,
representatives of the media and others. Statements that are not historical facts are forward-looking statements and such forward-looking statements are statements   made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. 
Examples of forward-looking statements include:  
  statements about the companys future performance;    projections of the companys results of operations or financial condition;    statements  regarding  the  companys  plans,  objectives  or  goals,  including  those  relating  to  strategies,  initiatives,  competition,  acquisitions,  dispositions  and/or  its  products;    expectations concerning the costs associated with the suspension or closure of operations at any of the companys plants and future plans
with respect to any such plants;   
expectations  concerning  the  costs  associated  with  the  significant  capital  expenditure  projects  at  any  of  the  companys  plants  and  future  plans  with  respect  to  any  such  projects;    expectations regarding the extension or renewal of the companys credit facilities including changes to terms, covenants or
ratios;   
expectations concerning dividend payments and share buy-backs; 
  statements concerning the companys corporate and tax domiciles and structures and potential changes to them, including potential tax
charges;   
statements regarding tax liabilities and related audits, reviews and
proceedings;   
expectations about the timing and amount of contributions to Asbestos Injuries
Compensation Fund (AICF), a special purpose fund for the compensation of proven Australian   asbestos-related personal injury and death claims;    expectations concerning indemnification obligations;    expectations concerning the adequacy of the companys warranty provisions and estimates for future warranty-related costs; 
  statements regarding the companys ability to manage legal and regulatory matters (including but not limited to product liability,
environmental, intellectual property and competition   law matters) and to
resolve any such pending legal and regulatory matters within current estimates and in anticipation of certain third-party recoveries; and    statements  about  economic  conditions,  such  as  changes  in  the  US  economic  or  housing  recovery  or  changes  in  the  market  conditions  in  the  Asia  Pacific  region,  the  levels  of  new   home  construction  and  home  renovations,  unemployment  levels,  changes  in  consumer  income,  changes  or  stability  in  housing  values,  the  availability  of  mortgages  and  other   financing,  mortgage  and  other  interest  rates,  housing  affordability  and  supply,  the  levels  of  foreclosures  and  home  resales,  currency  exchange  rates,  and  builder  and  consumer   confidence.   | 
  ![]() DISCLAIMER
(continued)  Words such as believe, anticipate,
plan, expect, intend, target, estimate, project, predict, forecast, guideline, aim, will, should,
likely, continue, may, objective,   outlook and similar expressions are intended to identify forward-looking statements but are not the exclusive means of
identifying such statements. Readers are cautioned not to place   undue
reliance on these forward-looking statements and all such forward-looking statements are qualified in their entirety by reference to the following cautionary statements.  Forward-looking  statements  are  based  on  the  companys  current  expectations,  estimates  and  assumptions  and  because  forward-looking  statements  address  future  results,  events  and   conditions,  they,  by  their  very  nature,  involve  inherent  risks  and  uncertainties,  many  of  which  are  unforeseeable  and  beyond  the  companys  control.  Such  known  and  unknown  risks,   uncertainties  and  other  factors  may  cause  actual  results,  performance  or  other  achievements  to  differ  materially  from  the  anticipated  results,  performance  or  achievements  expressed,   projected  or  implied  by  these  forward-looking  statements.  These  factors,  some  of  which  are  discussed  under  Risk  Factors  in  Section  3  of  the  Form  20-F  filed  with  the  Securities  and   Exchange  Commission  on  21  May  2015,  include,  but  are  not  limited  to:  all  matters  relating  to  or  arising  out  of  the  prior  manufacture  of  products  that  contained  asbestos  by  current  and   former  company  subsidiaries;  required  contributions  to  AICF,  any  shortfall  in  AICF  and  the  effect  of  currency  exchange  rate  movements  on  the  amount  recorded  in  the  companys  financial   statements  as  an  asbestos  liability;  governmental  loan  facility  to  AICF;  compliance  with  and  changes  in  tax  laws  and  treatments;  competition  and  product  pricing  in  the  markets  in  which  the   company  operates;  the  consequences  of  product  failures  or  defects;  exposure  to  environmental,  asbestos,  putative  consumer  class  action  or  other  legal  proceedings;  general  economic   and  market  conditions;  the  supply  and  cost  of  raw  materials;  possible  increases  in  competition  and  the  potential  that  competitors  could  copy  the  companys  products;  reliance  on  a  small   number  of  customers;  a  customers  inability  to  pay;  compliance  with  and  changes  in  environmental  and  health  and  safety  laws;  risks  of  conducting  business  internationally;  compliance  with   and  changes  in  laws  and  regulations;  the  effect  of  the  transfer  of  the  companys  corporate  domicile  from  the  Netherlands  to  Ireland,  including  changes  in  corporate  governance  and  any   potential  tax  benefits  related  thereto;  currency  exchange  risks;  dependence  on  customer  preference  and  the  concentration  of  the  companys  customer  base  on  large  format  retail   customers,  distributors  and  dealers;  dependence  on  residential  and  commercial  construction  markets;  the  effect  of  adverse  changes  in  climate  or  weather  patterns;  possible  inability  to   renew  credit  facilities  on  terms  favorable  to  the  company,  or  at  all;  acquisition  or  sale  of  businesses  and  business  segments;  changes  in  the  companys  key  management  personnel;   inherent  limitations  on  internal  controls;  use  of  accounting  estimates;  and  all  other  risks  identified  in  the  companys  reports  filed  with  Australian,  Irish  and  US  securities  regulatory  agencies   and  exchanges  (as  appropriate).  The  company  cautions  you  that  the  foregoing  list  of  factors  is  not  exhaustive  and  that  other  risks  and  uncertainties  may  cause  actual  results  to  differ   materially  from  those  referenced  in  the  companys  forward-looking  statements.  Forward-looking  statements  speak  only  as  of  the  date  they  are  made  and  are  statements  of  the  companys   current  expectations  concerning  future  results,  events  and  conditions.  The  company  assumes  no  obligation  to  update  any  forward-looking  statements  or  information  except  as  required  by   law.    | 
  ![]() U.S.
MARKETPLACE  Page   4   | 
  ![]() ECONOMY
HAS STABILIZED  Source: Bureau of Economic Analysis  
Source: U.S. Bureau of Labor Statistics 
GDP GROWTH  INFLATION  Overall economy has stabilized  and is in a slow but steady recovery  -3%  -2%  -1%  0%  1%  2%  3%  4%  5%  6%  Page   5   | 
  ![]() KEY
INDICATORS POINT TO SOME VOLATILITY  Source: World Bank 
Source: Yahoo! Finance 
Oil Prices -  Price per Barrel ($USD)  S&P 500  Oil prices and equity markets have displayed volatility  Page   6   | 
  ![]() $9.40  $9.60  $9.80  $10.00  $10.20  $10.40  $10.60  $10.80  Real Average Hourly Earnings  Unemployment  Rate  -  Seasonally  Adjusted  EMPLOYMENT SUPPORTS HOMEOWNERSHIP   0%  2%  4%  6%  8%  10%  12%  Source: U.S. Bureau of Labor Statistics   Unemployment back to pre-recession rates while wage inflation is starting to emerge 
Source: U.S. Bureau of Labor Statistics  
Inflation Rates 
Page   7   | 
  ![]() CONFIDENCE  Overall consumer confidence and real estate confidence are strong  Source: OECD August 2015, Confidence Index  Real Estate Confidence Index   Current Conditions as of June 2015  (50=Moderate Conditions)  Single-family  Townhome  Condominium  0  10  20  30  40  50  60  70  80  2008  2009  2010  2011  2012  2013  2014  2015  73  53  48  Overall Consumer Confidence  Source: Report on the June 2015 Survey, National Association of Realtors  Page   8   | 
  ![]() CONSUMER
SPEND  Source: U.S. Bureau of Labor Statistics 
0%  10%  20%  30%  40%  50%  60%  70%  80%  90%  100%  2006  2007  2008  2009  2010  2011  2012  2013  Food  Shelter  Other Housing  Transportation  Healthcare  Insurance/Pensions  Entertainment  All other  CONSUMER SPEND  Shelter as a % of spend is stable. Total consumer spend is up 5% CAGR since 2006. 
Page   9   | 
  ![]() ELIGIBLE
HOME BUYERS EXIST  Source: U.S. Census Bureau  
Source: U.S. Census Bureau  
Pent-up demand continues
 
~20% of U.S. population between 20-34. ~30% living at home is historic
high.  % of U.S. Population by Age, 2013  
Percentage of 18-34 Year-Olds Living with Their Parents 
Page   10   | 
  ![]() DEMAND
OUTPACING SUPPLY  Source: U.S. Census Bureau  
Supply is relatively low vs. historical rates 
Months of Supply at Current Sales Rate 
Total Number of Households 
Page   11   | 
  ![]() FINANCING  Source: Federal Reserve   30-year Mortgage Rate  Borrower FICO Score at Origination  Sources: CoreLogic  Servicing and Urban Institute, April 2015  Note: Purchase-only loans.  Minimum FICO score for a mortgage has increased significantly  while mortgage rates are low  Page   12   | 
  ![]() HOME
OWNERSHIP PROFILE  0 
50  100  150  200  250  Source: S&P Dow Jones Indices   Source: Zillow Real Estate Research   S&P/Case-Shiller   20-City Composite Home Price Index  Percent of Owner-Occupied Homes   with a Mortgage in Negative Equity (U.S.)  Home prices are improving as are owners financial positions,   which should cause home ownership turnover  Page   13   | 
  ![]() NEW
CONSTRUCTION VS. EXISTING HOME SALES  New Construction as a % of Home
Sales  Source: National Association of Realtors and U.S. Census
Bureau  New construction continues to gain momentum as a percent of total
home sales  Page   14   | 
  ![]() MILLENNIALS  Households  2013 in millions  Millennials are a source of pent-up demand in the housing sector   Student Loan Debt  Source: JCHS Tabulation of Federal Reserve Board  Source: JCHS Tabulation of U.S. Census Bureau  Page   15   | 
  ![]() SLOW AND
STEADY RECOVERY  HOUSING PERMITS 
Source: U.S. Census Bureau  
Starts continue to trend below historic average of 1.5M per year 
Page   16   | 
  ![]() STARTS
FORECAST  2016 Forecasted Housing Starts 
Source: Dodge, Fannie Mae, Freddie Mac and MBA 
Starts forecasted to be 1.1M in 2015 and 1.3M in calendar year 2016 
Page   17   | 
  ![]() 0  20  40  60  80  100  120  140  160  180  MULTI-FAMILY OUTPACING SINGLE-FAMILY  Source: U.S. Census Bureau   Housing  Starts  -  1  unit  HOUSING STARTS  000s Homes  Housing  Starts  -  5  or  more  units  2000  2001  2002  2003  2004  2005  2006  2007  2008  2009  2010  2011  2012  2013  2014  2015  Multi-family starts are growing at a faster rate than single-family starts 
Page   18   | 
  ![]() MULTI-FAMILY TREND LIKELY TO CONTINUE 
0  50  100  150  200  250  Housing Affordability Index  Source: National Association of Realtors   Source: U.S. Census Bureau   Todays younger households are increasingly   likely to have characteristics associated with   lower homeownership rates  Change in share of 25-34 year-old households 2003-13 (percentage points) 
Source: JDHS tabulations of U.S. Department of Housing and Urban  
Development  HUD), American Housing Surveys 
Under  $30,000  $30,000  -74,999  $75,000  and Over  Not   Married  Married  Minority  White  Income  Household Type  Race/Ethnicity  10  8  6  4  2  0  -2  -4  -6  -8  Page   19   | 
  ![]() REPAIR
AND REMODEL MARKET  0 
10  20  30  40  50  60  70  Source: National Association of Home Builders   Source: U.S. Census Bureau   Average Age = 40 Years  Remodeling continues to be a strong segment of growth  Age of Housing Stock  NAHB Remodeling Market Index  7.8%  13.9%  12.2%  16.2%  19.7%  16.0%  14.4%  <10 Years  11-20 Years  21-30 Years  31-40 Years  41-50 Years  51-60 Years  >61 Years  Page   20   | 
  ![]() REPAIR
AND REMODEL MARKET  Source: Hanley Wood 
Repair and Remodel market continues to show strength through the recovery 
Hanley Wood R&R Siding Project Growth 
Home Depot and Lowes 
Same Store Comparable Sales  
Source: Company Filings 
Page   21   | 
  ![]() JH
PERFORMANCE  Page   22   | 
  ![]() CURRENT
MARKET SHARE LANDSCAPE  North America Siding Market Share 
Source: Internal estimates based on NAHB product usage data adjusted for regional
  market intelligence  
National Association of Homebuilders  
(NAHB) serves as our main source for  
market share measurement as it  
provides the following: 
  Siding used in residential dwelling   applications    Square feet as unit of measurement    Geographic detail allowing alignment   to organizational structure    Segmentation between single-family,   multi-family and repair & remodel  Page   23   | 
  ![]() WOOD-LOOK MARKET LANDSCAPE 
Past  Continued focus on gaining share in the wood-look market  Present  Future  Page   24  Source:  Internal  estimates  based  on  NAHB  product  usage  data  adjusted  for  regional  market  intelligence   | 
  ![]() VINYL
SHARE CONTINUES TO DECLINE  Source: Internal estimates based on NAHB product
usage data adjusted for regional market intelligence   US Vinyl Market
Share Estimate   
While  vinyl  continues  to  be  the  volume-leader  in  siding,  market  share  has  continued  to  steadily  decline.    With the wood-look market   maintaining 65-70% market   share, vinyls decline is the result   of gains by fiber cement and   wood.  Page   25   | 
  ![]() COMPETITIVE FIBER CEMENT 
M  A  A*  A  N  JH  JH  JH*  JH  JH  JH  JH  JH  JH  =  James  Hardie  Plant  A  =  Allura  Plant  N  =  Nichiha  Plant  M  =  MaxiTile  Plant  * = Notates Idled Plant      Competitive fiber cement plants ran at   ~40% capacity in 2014    Allura  / Maxitile  estimated capacity at ~35%    Nichiha  estimated capacity at ~60%  Though competitors have ample capacity to expand in the fiber cement category,  James Hardie continues to maintain its category leadership  *Allura  / Maxitile  owned by Elementia  Fiber Cement Category Market Share  JH  Source: Elementia financial filings and internal James Hardie estimates   Page   26   | 
  ![]() JAMES
HARDIE GROUP AND U.S. & EUROPE SALES   AND EBIT PERFORMANCE 
Due to strong operational performance, EBIT growth  
and margin are in line with expectations 
Page   27   | 
  ![]() NOPAT AND
EPS PERFORMANCE  NOPAT and EPS Growth continue to increase 
Page   28   | 
  ![]() OPERATIONAL CASH FLOW AND CAPEX 
Investments in NA and APAC capacity during FY15 largely completed. 
CapEx  to return to primarily maintenance levels for FY16 and near
term  FY11 
FY12  FY14  FY15  FY13  Page   29   | 
  ![]() CAPACITY    ANNUAL  DESIGN  Historically, our disclosed capacity is   based on running a standard 5/16  th  inch medium standard product:    No accepted industry standard exists for   the calculation of our fiber cement   manufacturing facility design and   utilization capacities    Based on managements historical   experience with our production process    Good at standardizing capacity additions   for comparative purposes    Not reflective of actual capacity based   on product mix, which is impacted by   product size, thickness, and density  Plant Location  Owned/Leased  Design Capacity   (mmsf)  Cleburne, Texas  Owned  466  Incremental capacity  200  Peru, Illinois  Owned  560  Plant City, Florida  Owned  300  Incremental capacity  300  Pulaski, Virginia  Owned  600  Reno, Nevada  Owned  300  Tacoma, Washington  Owned  200  Waxahachie, Texas  Leased  360  Fontana, California  Owned  250  Summerville, South Carolina  Owned  190  Total U.S. Network  ~3,700  To evaluate capacity, utilization levels, and when incremental capacity will be   needed, capacity utilization is determined by using machine hours  Page   30   | 
  ![]() CAPACITY
  GROSS HOURS 
Capacity Utilization Determined by Machine  
Hours of Active Capacity 
Active Capacity  % Utilization  Cleburne, Texas  Peru, Illinois  Plant City, Florida  Pulaski, Virginia  Reno, Nevada  Tacoma, Washington  Waxahachie, Texas  Fontana, California  Idle Capacity  Cleburne,  TX  New  Plant City, FL  New  Summerville, SC  Idle  Actual   Machine   Hours  Total   Active   Available   Hours  Capacity   Utilization  72% utilization based on gross hours as of 1Q16  72%  Page   31   | 
  ![]() SHAREHOLDER RETURNS  31% average annual Total Shareholder Return since FY10  Page   32   | 
  ![]() DIVIDENDS
PAID PER SHARE  Remain committed to Ordinary Dividend within the Defined
Payout Ratio  Page   33   | 
  ![]() SUMMARY    U.S. housing market continues modest recovery, albeit at a historically   slower pace    FY2016 continues to be in line with our guidance provided at the August   Q1 FY16 result call, including the assumptions and discussion of:    Volume and PDG    Average Selling Price and Sales    Margins    Balance Sheet and Capital Allocation  Page   34   | 
  ![]() QUESTIONS  Page   35   |