Seven Gardens Oak House quarter in Wiesbaden, Germany

Built with Dynamax, the ultimate performance concrete

Q3 2022 TRADING UPDATE

RECORD PERFORMANCE

SUCCESSFUL TRANSFORMATION

JAN JENISCH | CEO

GÉRALDINE PICAUD | CFO

OCTOBER 28, 2022

01.

HIGHLIGHTS

AND KEY

DEVELOPMENTS

JAN JENISCH | CHIEF EXECUTIVE OFFICER

The Seattle Spheres, Amazon headquarters

Built with ECOPlanet with an 80% lower CO2 footprint

Q3 2022 HIGHLIGHTS

CONTINUED RECORD PERFORMANCE, SUCCESSFUL TRANSFORMATION

Continued record performance

Record Q3 Net Sales of CHF 8'045 m, +16.3% LFL Record Q3 recurring EBIT of CHF 1'551 m, +7.7% LFL

Successful Transformation

Portfolio

Another 4 acquisitions for Solutions & Products, 10 bolt-ons signed for Aggregates and Ready-Mix, closing of Brazil and India divestments with proceeds of USD 7.3 bn

Successful Transformation

Solutions & Products

Driving profitable growth, already 25% of Group's Net Sales in

2022*

Successful Transformation

Geographic Footprint

Fast expansion in the most attractive North American

market; strengthened, resilient earnings profile

Successful Transformation

Sustainability Profile

Accelerating green growth, reduction of CO2 per million of Net Sales by 30% in 2022*

Outlook 2022 upgraded

Net Sales from at least 10% to at least 12% growth LFL Recurring EBIT from positive to mid single digit growth LFL

Debt leverage of around 1x

Share buyback program of up to CHF 2 bn

3

* Pro-forma basis

Q3 2022 RESULTS

CONTINUED RECORD PERFORMANCE IN Q3 2022

NET SALES

CHF bn

+16.3%

LFL

8.0

7.4

7.1

7.3

6.5

Q3 18

Q3 19

Q3 20

Q3 21

Q3 22

4

2018 pre-IFRS16

RECURRING EBIT

CHF bn

+7.7%

LFL

1.53

1.55

1.42

1.44

1.31

Q3 18

Q3 19

Q3 20

Q3 21

Q3 22

SUCCESSFUL TRANSFORMATION - PORTFOLIO

SOLUTIONS & PRODUCTS ACQUISITIONS, BOLT-ONS & DIVESTMENTS

Solutions & Products

Malarkey

USA

Roofing systems

SES Foam

USA

Roofing & Insulation

PRB

France Specialty building solutions

Cantillana

Belgium

Specialty building solutions

Izolbet

Poland

Specialty building solutions

Polymers Sealants

North America

USA

Waterproofing & coatings

5 * Pending closing / subject to merger law approval

Divestments closed with total proceeds of USD 7.3 bn

• Brazil

• India

Successful closing on

Successful closing on

September 6th, 2022

September 15th, 2022

Aggregates & Ready-Mix

FAMY

France / AGG

General Beton

Romania /

RMX & AGG

Transport Stroy

Bulgaria / RMX

Concrecar

Mexico / RMX

Cajun

Ready-Mix Concrete

USA / RMX

Teko Mining

Serbia / AGG

Mathers Group

Canada / AGG

OL-Trans*

Poland / RMX

Wiltshire Concrete

UK / RMX, AGG & Waste Management

Basic Construction

Company

USA / AGG

Sand & gravel operations

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Holcim AG published this content on 28 October 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 October 2022 04:42:05 UTC.