The Cyprus Cement Public Company Limited (CSE:CCC) commences share repurchases on July 6, 2022 , under the program mandated by the shareholders in the Extraordinary General Meeting held on June 20, 2022. As per the mandate, the company is authorized to repurchase its own shares, such that the company's holding in treasury does not exceed 10% of its issued share capital. The purchase price of fully paid shares cannot exceed 5% of the average purchase price of the shares during the last five working days before the execution of such purchase of shares.

The program will be valid for 12 months from the passing of this resolution.