holcim strength performance passion vontobel summer conference bernhard a fuchs head investor relations john m feigl investor relations officer holcim

Holcim Leadership Journey is on track Holcim’s Strategy House – base for value creation Key financial figures 1st Quarter 2013... Holcim Leadership Journey is on track Holcim’s Strategy

Strength Performance Passion.

Vontobel Summer Conference

Bernhard A Fuchs, Head Investor Relations

John M Feigl, Investor Relations Officer

Holcim Leadership Journey is on track

Holcim’s Strategy House – base for value creation

Key financial figures 1st Quarter 2013

Holcim Leadership Journey is on track

Target achieved Target Q1

Customer Excellence (operating profit impact) 50-100 31 150-200 26 500

-Customer focus

-Value management

-Pricing policies

-Marketing and sales forces skills and motivation

Cost Leadership (operating profit impact) 100-200 127 400-500 143 > 1,000

Total increase in operating profit 1) 150-300 158 550-700 169 > 1,500

Cash cost to achieve the savings (one-off) < 80 239 3) 0 3) 0

Additional CAPEX net2) 0-40 48 100-180 15 100-180

1) The base line is the financial year 2011 amounting to CHF 2,308 million (excluding one-off charges 2011 of CHF 375 m and without fluctuations in currency, changes in scope of

consolidation and similar market conditions)

2) Additional CAPEX net will come from prioritization of CAPEX based on the speed of the returns (ROIC)

Current energy fund of CHF 100 million will be maintained through the period 2012 – 2014

3) Original amount was projected < CHF 120 million for 2013; having spent already CHF 239 million, no additional restructuring cash costs are foreseen at this stage

Value creation through new solutions and innovation

Innovation is paramount to sustain attractive profits and address the

increasing speed of change, customer demand, society and other stakeholders

Growing ROIC through different levers

Combining these three levers of growth Holcim is able to capture the market growth, the growth coming from customer excellence and in addition the growth coming from cost leadership and efficiency improvements that together result in a considerable

increase of ROIC

ROIC

Cost Leadership Customer Excellence

Selective divestments Investment efficiency

Holcim Leadership Journey is on track

Holcim’s Strategy House – base for value creation

Key financial figures 1st Quarter 2013

Holcim’s Strategy House – base for value creation

Permanent Marketing Innovation

Human Resources Excellence

Corporate Social Responsibility

Sustainable Environmental Performance

Holcim Value Chain

Transactional

Mortars

Ready -mix Concrete

Asphalt

Concrete Products Direct Sales

Civil Engineering

Channels

Transformational

Masons Self - builders

Cementitious

Materials

(cement, mineral components)

Demand

A p p

l i c a

t i o n s Applications and Construction Fields

Positioning – Holcim’s cement market portfolio

Eastern Europe 23.3 Mt

Africa Middle East 23.2 Mt

Mature markets Emerging markets

Size of circles represents influenced capacity 2012

North America 22.0 Mt

India 60.5 Mt

China 60.0 Mt

Asia Pacific excl

India, Oceania, China

43.5 Mt

Latin America 35.5 Mt

Demand growth

Oceania 4.8 Mt

Sources: Holcim, US Census Bureau, Datastream – IMF: World Economic Outlook, January 2013

Positioning – Holcim’s aggregates market portfolio

Africa Middle East

2.3 Mt

Latin America 14.0 Mt

North America 41.3 Mt

Asia excl

Oceania 3.8 Mt

Mature markets Emerging markets

Size of circles represents consolidated sales volumes 2012

Eastern Europe 9.5 Mt

Demand growth

GDP per capita (at PPP) CAGR 2012 - 2017E

Cumulated population

Growth 2012 - 2017E

Oceania 23.9 Mt

Sources: Holcim, US Census Bureau, Datastream – IMF: World Economic Outlook, January 2013

Product focus – two core segments and their channels

Cement Aggregates

Net sales CHF 21.5 billion

 Sales: 159.7 million tonnes

 1,286 RMX plants

 99 asphalt plants

 Sales of ready-mix concrete: 46.9 million

m 3

 Sales of asphalt: 9.1 million tonnes

Op EBITDA per segment 2012

Op EBITDA CHF 4.0 billion

3.4%

86.5%

10.1%

Other Construction Materials and Services

Holcim – well balanced global portfolio

Africa Middle East Europe

Asia Pacific North America Latin America

Net sales per region 2012

39.2% 4.3%

Africa Middle East

Op EBITDA per region 2012

Op EBITDA CHF 4.0 billion

44.4% 6.6%

Holcim Leadership Journey is on track

Holcim’s Strategy House – base for value creation

Key financial figures 1st Quarter 2013

Key financial figures 1 st Quarter 2013

1Calculated on the weighted average number of shares outstanding

Note: Due to the changes in accounting policies explained in note 2 of the interim financial statements, the comparative information for the first quarter 2013 has been restated for each

financial statement line item in this presentation

1

Net sales by region

Net sales Q1 2013

Operating EBITDA

16.2%

Margin Million CHF

753

718 650 Like-for-Like (LFL) -82 -9.1% 39 5.4% -44 -6.1% Change in structure 0 0.0% -2 -0.3% -5 -0.8% Forex movements -73 -8.0% -46 -6.3% -19 -2.7%

650

Operating EBITDA by region

75

Operating profit by region

Financial debt, maturities and liquidity as of March 31, 2013

Liquidity summary:

• Cash + marketable securities: CHF 3,071 million

• Cash + marketable securities + unused committed credit lines: CHF 8,168 million

Debt summary:

• Current financial liabilities1: CHF 4,049 million

• Fixed to floating ratio: 49% fixed

• Capital markets 78%; Loans 22%

• Corporate vs subsidiary debt: 78% Corporate

• Ø total maturity: 4.0 years

• CP borrowings: CHF 473 million

• No financial covenants in Corporate credit lines

ST/LT ratings summary as of May 7, 2013:

• S&P Credit Rating: A-2 / BBB, outlook stable

• Fitch Credit Rating: F2 / BBB, outlook stable

• Moody’s Credit Rating: P-2 / Baa2, outlook stable

Maturity profile1 (CHF million)

1After risk-related adjustments of CHF 484 million from current financial liabilities to long-term financial liabilities

• Asia Pacific: Unchanged positive development in Asia,

stable Pacific Rim

• Latin America: Higher demand for construction materials

• Europe: Only slight decrease in sales volumes; positive development

of construction activity in Russia and Azerbaijan

• North America: Increase in sales volumes in the US and Canada

• Africa Middle East: Muted demand at previous year’s level

Outlook for 2013

Turning to operating EBITDA and operating profit, the Board of Directors and Executive Committee expect a further improvement of margins The Holcim Leadership Journey, which will gain further momentum in all streams as

planned, will also contribute to this development Under similar market

conditions, significant organic growth in operating EBITDA and operating

profit should be achieved in 2013.

Cost and capex guidance for 2013

• Energy costs per tonne of cement produced below CHF 17 per

tonne

• Fixed costs to benefit from the measures taken by the Holcim

Leadership Journey program

• Average interest rate slightly above the 4.8 percent level recorded

in 2012

• Long term expected tax rate of 27 percent

• Maintenance capex of CHF 0.9 billion net

• Expansion capex of CHF 1.5 billion

Cement – Price/volume variances per region

* If not otherwise indicated calculation based on local currencies 1Weighted average like-for-like

Cement – Price/volume variances per region

* If not otherwise indicated calculation based on local currencies 1Weighted average like-for-like 2 Calculation in USD

3 Locally not published yet

Cement – Price/volume variances per region

* If not otherwise indicated calculation based on local currencies 1 Weighted average like-for-like

∆ Q1 12/Q1 13 *

Cement – Price/volume variances per region

* If not otherwise indicated calculation based on local currencies 1Weighted average like-for-like 2 Locally not published yet

Aggregates – Price/volume variances per region

* If not otherwise indicated calculation based on local currencies 1 Weighted average like-for-like

Aggregates – Price/volume variances per region

* If not otherwise indicated calculation based on local currencies 1 Weighted average like-for-like

Positions in Europe

Cement capacity: 49.2 million t

Cement plant Grinding plant/

terminal Aggregates

Participation:

Cement plant Under construction

1

Positions in North America

Cement capacity: 22.0 million t

Cement plant Grinding plant/

terminal Aggregates

Positions in Latin America

Cement plant Grinding plant/terminal Aggregates

Participation:

Cement plant Grinding plant/terminal Aggregates

Under construction

Cement capacity: 35.7 million t; further 0.2 million t with partners

1

1

Positions in Africa Middle East

Cement capacity: 10.7 million t; further 12.5 million t with partners

Positions in Asia Pacific

Cement capacity: 100.1 million t; further 68.2 million t with partners

Positions in China

Anhui Henan

City

Contact information and event calendar

annual results for 2013 April 29, 2014 General meeting of shareholders

Cautionary statement regarding forward-looking statements

This presentation may contain certain forward-looking statements relating to the Group’s future business, development and economic performance

Such statements may be subject to a number of risks, uncertainties and other important factors, such as but not limited to (1) competitive pressures; (2)

legislative and regulatory developments; (3) global, macroeconomic and

political trends; (4) fluctuations in currency exchange rates and general

financial market conditions; (5) delay or inability in obtaining approvals from authorities; (6) technical developments; (7) litigation; (8) adverse publicity and news coverage, which could cause actual development and results to differ materially from the statements made in this presentation Holcim assumes no obligation to update or alter forward-looking statements whether as a result of new information, future events or otherwise.