Holcim advances circular construction with acquisition of Land Recovery in
the UK

   Holcim Group Services Ltd / Key word(s): Acquisition
   Holcim advances circular construction with acquisition of Land
   Recovery in the UK
   05.06.2024 / 07:00 CET/CEST
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     * Leading supplier of recycled construction materials in the UK
     * Advances Holcim's circularity goal to recycle 10 million tons
       of construction materials in 2024
     * Expands range of circular building solutions in the UK

   Holcim has completed the acquisition of Land Recovery in the UK,
   advancing its capabilities in circular construction. A leading UK
   supplier of primary and recycled materials, Land Recovery turns
   rail ballast into new solutions for the UK rail network as well
   as supplying construction demolition materials for the production
   of ready-mix, precast concrete and asphalt. The acquisition
   expands Holcim's access to construction demolition materials,
   with Land Recovery recycling more than 300,000 tons last year.

   Miljan Gutovic, CEO, Holcim: 'Land Recovery strengthens Holcim's
   leading position in circular construction and advances our group
   target of recycling 10 million tons of construction demolition
   materials in 2024. I look forward to welcoming all 85 employees
   of Land Recovery and investing in our next era of growth
   together.'

   Land Recovery was founded in 1982 by the Beecroft family. With
   four facilities across the UK as well as 85 employees, Land
   Recovery's services include the supply of primary rail ballast,
   handling and treating spent ballast and recycling it into new
   building solutions.

   The transaction follows Holcim's acquisition last year of Sivyer
   Logistics, a leading producer of recycled construction demolition
   materials for the London construction market.

   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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1917939 05.06.2024 CET/CEST