Holcim Shareholders approve all proposals at 2024 Annual General Meeting

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   Holcim Group Services Ltd / Key word(s): Miscellaneous
   Holcim Shareholders approve all proposals at 2024 Annual General
   Meeting
   08.05.2024 / 12:15 CET/CEST
     ____________________________________________________________

   
   Holcim's 2024 Annual General Meeting took place at the Bossard
   Arena in Zug today. Shareholders approved all of the Board of
   Directors' proposals, including the proposed 12% increase in
   dividend to CHF 2.80 per registered share of Holcim Ltd, which
   will be paid out of capital contribution reserves and is not
   subject to Swiss withholding tax.

   All members of the Board have been re-elected. Catrin Hinkel and
   Michael H. McGarry have been elected as new members. The Board of
   Directors now consists of the following members: Jan Jenisch
   (Chairman), Hanne Sørensen (Vice Chairwoman and Lead Independent
   Director), Philippe Block, Kim Fausing, Leanne Geale, Catrin
   Hinkel, Naina Lal Kidwai, Ilias Läber, Michael H. McGarry, Jürg
   Oleas, and Claudia Sender Ramirez.

   Shareholders confirmed the following members of the Nomination,
   Compensation & Governance Committee: Ilias Läber, Jürg Oleas,
   Claudia Sender Ramirez and Hanne Sørensen. Michael H. McGarry was
   newly elected to the Nomination, Compensation & Governance
   Committee. Ms. Sørensen will continue to serve as Chairwoman of
   the Committee.

   Shareholders approved the annual report and annual financial
   statements of the Group and of Holcim Ltd. They also approved the
   compensation report, the Group's third climate report, and the
   report on non-financial matters in advisory votes. In two
   separate binding votes shareholders approved the maximum overall
   amount of compensation to be paid to members of the Board for the
   period between the 2024 and 2025 Annual General Meetings as well
   as the total maximum amount of compensation to be paid to members
   of the Executive Committee for the 2025 financial year.

   Ernst & Young Ltd has been appointed as auditors for the
   financial year 2024.

   The full results of the Annual General Meeting and speeches from
   the Chairman, CEO and CFO are available here.

   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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1898821 08.05.2024 CET/CEST