Holcim acquires Mark Desmedt to accelerate circular construction as a driver
of profitable growth

   Holcim Group Services Ltd / Key word(s): Acquisition
   Holcim acquires Mark Desmedt to accelerate circular construction
   as a driver of profitable growth
   08.07.2024 / 07:00 CET/CEST
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     * Acquisition of leading recycler of construction demolition
       materials in Belgium
     * Recycles 500,000 tons of construction demolition materials
       per annum serving key Brussels and Antwerp metro areas
     * To expand ECOCycle® range of circular building solutions in
       Belgium, driving profitable growth

   Holcim has closed the acquisition of Mark Desmedt in Belgium,
   advancing circular construction in Europe in line with its target
   to recycle 10 million tons of construction demolition materials
   per annum. A leading company in the recycling of construction
   demolition materials in Belgium, Mark Desmedt recycles more than
   500,000 tons a year and is strategically located to serve
   Belgium's two largest metropolitan areas, Brussels and Antwerp.

   Miljan Gutovic, CEO, Holcim: "With the Mark Desmedt team, we are
   accelerating our vision to drive circular construction in the key
   metropolitan areas where we operate to build cities from cities.
   Strategically located between Brussels and Antwerp, Mark Desmedt
   will scale up our ECOCycle® technology across Belgium, making
   circularity a driver of profitable growth. I look forward to
   welcoming the employees of Mark Desmedt to Holcim and to
   investing in our next chapter of growth together".

   Founded in 1989 by the Desmedt family, Mark Desmedt became a
   leading company in the recycling of construction demolition
   materials in Belgium soon after it entered the ready-mix concrete
   market in 2001. It is Holcim's fourth acquisition this year to
   scale up circular construction as a driver of profitable growth,
   building on Cand-Landi Group in Switzerland, Land Recovery in the
   UK and Mendiger Basalt in Germany.

   About Holcim
   Holcim is a global leader in innovative and sustainable building
   solutions with net sales of CHF 27.0 billion in 2023. Driven by
   our purpose to build progress for people and the planet, our
   63,448 employees are on a mission to decarbonize building, while
   improving living standards for all. We empower our customers
   across all regions to build better with less, with a broad range
   of low-carbon and circular solutions, from ECOPact and ECOPlanet
   to our circular technology platform ECOCycle®. Through innovative
   systems, from Elevate roofing to PRB insulation, Holcim makes
   buildings more sustainable in use, driving energy efficiency and
   green retrofitting. With sustainability at the core of our
   strategy, we are on the way to becoming a net-zero company with
   1.5C targets validated by SBTi.

   Learn more about Holcim on www.holcim.com, and by following us on
   LinkedIn.

   Sign up for Holcim's Building Progress newsletter here and follow
   our journey to a net-zero future.

   Important disclaimer - forward-looking statements:
   This document contains forward-looking statements. Such
   forward-looking statements do not constitute forecasts regarding
   results or any other performance indicator, but rather trends or
   targets, as the case may be, including with respect to plans,
   initiatives, events, products, solutions and services, their
   development and potential. Although Holcim believes that the
   expectations reflected in such forward-looking statements are
   based on reasonable assumptions as at the time of publishing this
   document, investors are cautioned that these statements are not
   guarantees of future performance. Actual results may differ
   materially from the forward-looking statements as a result of a
   number of risks and uncertainties, many of which are difficult to
   predict and generally beyond the control of Holcim, including but
   not limited to the risks described in the Holcim's annual report
   available on its website (www.holcim.com) and uncertainties
   related to the market conditions and the implementation of our
   plans. Accordingly, we caution you against relying on
   forward-looking statements. Holcim does not undertake to provide
   updates of these forward-looking statements.

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   End of Media Release
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1940803 08.07.2024 CET/CEST