roadshow mexico city on 7 8 may 2014 thomas aebischer holcim group cfo and member of the executive committee urs birri cfo holcim mexico thomas rueger treasury relationship manager angel garcía de quevedo treasure

Strategy and positioning based on long-term growth Holcim Leadership Journey Results and outlook Financial position and financing Certificados Bursátiles / Transaction Summary Footprint

Strength Performance Passion.

Roadshow Mexico City on 7 – 8 May 2014

Thomas Aebischer – Holcim Group CFO and Member of the Executive Committee

Urs Birri – CFO Holcim México

Thomas Rüeger – Treasury Relationship Manager

Angel García de Quevedo – Treasurer Holcim México

Strategy and positioning based on long-term growth

Holcim Leadership Journey

Results and outlook

Financial position and financing

Certificados Bursátiles / Transaction Summary

Footprint in Latin America

Merger of equals between Lafarge and Holcim

Holcim at a glance

130 cement plants around 200 limestone quarries / 450 aggregates operations

1’150 RMX plants in the world

Holcim’s Strategy House – base for value creation

Permanent Marketing Innovation

Human Resources Excellence

Corporate Social Responsibility

Sustainable Environmental Performance

Product focus – two core segments and their channels

Cement Aggregates

Net sales CHF 19.7 billion

Cement Clinker

Product segments 2013 Net sales per segment 2013

ƒ 206.9 million tonnes production capacity

ƒ 142 cement and grinding plants

ƒ Sales: 138.9 million tonnes

ƒ 426 aggregates plants

ƒ Sales: 154.5 million tonnes

ƒ 1,100 RMX plants

ƒ 91 asphalt plants

ƒ Sales of ready-mix concrete: 39.5 million m3

ƒ Sales of asphalt: 8.9 million tonnes

Op EBITDA per segment 2013

Op EBITDA CHF 3.9 billion

5.0%

83.5%

11.5%

Other Construction Materials and Services

Holcim – well balanced global portfolio

Africa Middle East Europe

Net sales per region 2013

15.6%

27.6%

35.9% 4.4%

Africa Middle East

Op EBITDA per region 2013

Op EBITDA CHF 3.9 billion

35.6% 6.9%

EasternEurope22.9 Mt

AfricaMiddle East23.5 Mt

Mature markets Emerging markets

Size of circles represents influenced capacity 2013

NorthAmerica22.0 Mt

India 60.5 Mt

China 67.6 Mt

Asia Pacific excl

India, Oceania, China43.7 Mt

LatinAmerica35.5 Mt

Demandgrowth

Oceania 2.6 Mt

Positioning – Holcim’s aggregates market portfolio

Africa Middle East

2.2 Mt

Latin America 10.2 Mt

North America 42.8 Mt

Asia excl Oceania

2.4 Mt

Mature markets Emerging markets

Size of circles represents consolidated sales volumes 2013

Eastern Europe 8.8 Mt

Demandgrowth

Cumulated population

Growth 2013 - 2018E

Oceania 22.8 Mt

Real GDP growth 2013 - 2018E

Sources: Holcim, Business Monitor International, IMF: World Economic Outlook, January 2014

Strategy and positioning based on long-term growth

Holcim Leadership Journey

Results and outlook

Financial position and financing

Certificados Bursátiles / Transaction Summary

Footprint in Latin America

Merger of equals between Lafarge and Holcim

The five areas of operating profit growth by 2014

Holcim Leadership Journey is on track

All figures in million CHF

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

Additional CAPEX net 2) 48 170 17 235 100-180

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

achieved achieved Q1

2014

cum Target

achieved cumulative since 2012

2012 2013

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 w ithout fluctuations in currency, changes

in scope of consolidation and similar market conditions) Adjusted for the sale of 25% of Cement Australia and Siam City Cement, the new base is CHF 2'193 million

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

Current energy fund of CHF 100 million w ill be maintained through the period 2012 - 2014.

Strategy and positioning based on long-term growth

Holcim Leadership Journey

Results and outlook

Financial position and financing

Certificados Bursátiles / Transaction Summary

Footprint in Latin America

Merger of equals between Lafarge and Holcim

Consolidating a sustainable, profitable business in Latin

America

• Some 2013 figures

• Sales volume:

25.0 Mio t cement (18% of Holcim Group)

10.2 Mio t aggregates (7% of Holcim Group)

8.0 Mio m3 ready-mix concrete (20% of Holcim Group)

• Net Sales: CHF 3’349 Mio (17% of Holcim Group)

• Op EBITDA: CHF 938 Mio (24% of Holcim Group)

• Op EBITDA Margin: 28.0%

20 cement plants

7 grinding stations

18 AGG quarries

119 RMX plants

Holcim has build its current leading strategic footprint over the last 60 years

Sustainably developing through fit for purpose solutions

Holcim has proven its ability to adapt to local conditions…

…with service excellence & innovation

Los Bronces - Chile Estadio Maracanã - Brazil Bogota Airport - Colombia

Sustainably developing through fit for purpose solutions

Holcim has proven its ability to adapt to local conditions…

…while allocating funds to capture growth opportunities

Nobsa Hermosillo

Barroso Guayaquil

Main projects under construction – Brownfield at Barroso

plant in Brazil and clinker line in Guayaquil plant Ecuador

Brazil

• Scope: 4.500 t/d clinker, 2 vertical roller mills

(VRM), clinker silo (35’000 t) and cement silos

(2 x 8’000 t)

• Planned commissioning: 2Q15

Ecuador

• Scope: 2 nd stage of Guayaquil plant expansion,

with tie ins to existing equipment, specially the

newly commissioned cement vertical roller mills

• Planned commissioning: 2Q15 (3 years after

contract signature)

Screening building - Brazil

Clay transport to feed bins building

Holcim México market leadership

• Holcim México has been a subsidiary of Holcim since

1964

• In 2004, Holcim Group acquired 31% of the remaining

shares of Holcim México, becoming the sole shareholder

• In 2013, the name of the company changed from Holcim

Apasco to Holcim México

• Holcim México employs more than 3,000 people

• Holcim México occupies the 2nd place in Mexican market,

based on annual cement production capacity

• National coverage under one name

• 7 cement plants

• 23 distribution centers

• 50 ready-mix plants

• 3 aggregate plants

Strategy and positioning based on long-term growth

Holcim Leadership Journey

Results and outlook

Financial position and financing

Certificados Bursátiles / Transaction Summary

Footprint in Latin America

Merger of equals between Lafarge and Holcim

Key financial figures – Q1 2014

Operating EBITDA by region

• Holcim expects cement volumes to increase in all Group regions

• Aggregates volumes expected to remain flat overall as increases in Asia Pacific, Europe, North America, and Africa Middle East are offset

by negative volumes in Latin America

• Ready-mix concrete volumes also expected to increase in most

regions with the exception of Europe and Latin America

• Holcim expects that organic growth in operating profit can be

achieved in 2014

• The ongoing focus on the cost base coupled with all the benefits

expected from the Holcim Leadership Journey will lead to a further expansion in operating margins

Outlook for 2014

Strategy and positioning based on long-term growth

Holcim Leadership Journey

Results and outlook

Financial position and financing

Certificados Bursátiles / Transaction Summary

Footprint in Latin America

Merger of equals between Lafarge and Holcim

<1y 1-2y 2-3y 3-4y 4-5y 5-6y 6-7y 7-8y 8-9y 9-10y>10y

Loans Capital markets

Financial debt, maturities and liquidity as of March 31, 2014

Maturity profile1(mCHF)

1 After risk-related adjustments of CHF 392 million from current financial

liabilities to long-term financial liabilities

Liquidity summary

• Cash + marketable securities: CHF 2,016 million

• Cash + marketable securities + unused committed credit lines: CHF 6,558 million

Debt summary

• Current financial liabilities1: CHF 2,493 million

• Fixed to floating ratio: 58% to 42%

• Capital markets 79%; Loans 21%

• Corporate vs subsidiary debt: 81% to 19%

• Ø total maturity: 5.2 years

• CP borrowings: CHF 466 million

• No financial covenants in Corporate credit lines

ST/LT ratings summary as of April 28, 2014

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

• Fitch Credit Rating: F2 / BBB, outlook stable

• Moody’s Credit Rating: P2 / Baa2, outlook negative

Overall debt reduced by CHF 6.6 billion since 2008

Share of capital market financing at around 80%

Loans Capital markets Share of capital market financing (r.h scale)

Access to a wide range of capital markets – only CHF 0.9 bn

of capital markets instruments maturing until year-end 2014

Capital markets funding distribution as per Q1 2014 Capital market maturities Q1 2014 – 2015

Mar-15 Apr-15 Jul-15 Nov-15 Dec-15

USD 500 m bond (10 years) USD 250 m bond (30 years)

Major capital market transactions since January 1, 2013

Average maturity of financial liabilities (in years)

CHF 250 m bond (8.5 years)

EUR 500 m bond (10 years)

Amendment and extension EUR 2.0 bn Syndicated Revolving Committed Credit Facility

Target

Strategy and positioning based on long-term growth

Holcim Leadership Journey

Results and outlook

Financial position and financing

Certificados Bursátiles / Transaction Summary

Footprint in Latin America

Merger of equals between Lafarge and Holcim

Certificados Bursátiles / Transaction Summary

Strategy and positioning based on long-term growth

Holcim Leadership Journey

Results and outlook

Financial position and financing

Certificados Bursátiles / Transaction Summary

Footprint in Latin America

Merger of equals between Lafarge and Holcim

KEY TRANSACTION HIGHLIGHTS

COMPANY

NAME » LafargeHolcim DEAL

STRUCTURE » » Merger of equals Company domiciled in Switzerland

REBALANCED

PORTFOLIO

» Capitalise on developed markets recovery

» Divestments of assets representing CHF 6bn / EUR 5bn of sales

» 60% exposure to emerging markets post divestments

» No country above c 10% of sales

BOARD &

SHAREHOLDER

SUPPORT

» Boards of both companies have unanimously approved the transaction

» Thomas Schmidheiny, GBL and NNS fully support the transaction

VALUE PROPOSITION

» Best growth platform in the industry and superior operating profitability

» CHF 1.7bn / EUR 1.4bn of run-rate synergies

» Strict capital allocation discipline and strong financial structure:

targeted solid Investment Grade credit ratings

» Attractive dividend payout policy

EXCHANGE

RATIO » Exchange ratio of 1 Holcim share for 1 Lafarge share

TIMETABLE » Transaction closing expected in H1 2015

A MERGER OF EQUALS

SHARE LISTING » SIX (Zurich)

» Euronext (Paris)

MANAGEMENT » » CEO: Bruno Lafont CFO: Thomas Aebischer

» CIO: Jean-Jacques Gauthier

» Chairman: Wolfgang Reitzle

» Equally composed Board with 7 members from Holcim and 7 members from Lafarge

PRO FORMA SHAREHOLDING STRUCTURE BALANCED GOVERNANCE AND LEADERSHIP

OTHER LAFARGE SHAREHOLDERS

1 Combined market cap based on closing share prices on 4 April 2014

COMBINED MARKET CAP CHF 48.8 bn / EUR 39.9 bn 1

INTEGRATION

COMMITTEE » Co-Chaired by Holcim and Lafarge

A COMBINATION OF TWO SUCCESSFUL GROUPS

90

CHF 38.6 / EUR 31.6

CHF 7.8 / EUR 6.4

ILLUSTRATIVE PRO FORMA2

Notes:

1 Full run-rate

GEOGRAPHICAL COMPLEMENTARITY OF PORTFOLIOS

Holcim sales (CHF)

Lafarge sales (CHF)

Global presence of Holcim and Lafarge

Aggregates volume sold (mT) 193 155 348

Emerging markets

Developed markets Total

# of

Note: pre-disposals, pre-group elimination, post regional elimination

Combined sales by region

(in billion)

3.8 3.2

CHF 2.0 / EUR 1.7

3.3 5.2

Asia

61%

39%

CHF 8.6 / EUR 7.0

STRATEGIC PORTFOLIO OPTIMISATION

STRATEGIC PORTFOLIO OPTIMISATION WHILST ANTICIPATING REGULATORY REQUIREMENTS

STRONG CAPITAL STRUCTURE AFTER DIVESTMENTS DIVESTMENT COMMITTEE IS BEING FORMED

OPERATIONAL SYNERGIES

• SOURCE

ƒ E.g logistics, distribution, IT, energy consumption

• ESTIMATED EBITDA RUN-RATE SYNERGIES

CHF 240 m / EUR 200 m

ƒ Savings in overlapping countries

ƒ Economies of scale in centralized procurement for

selected categories

ƒ Cross-fertilization of value-added product portfolios

CHF 410 m / EUR 340 m

CHF 300 m / EUR 250 m

CHF 240 m / EUR 200 m

CHF 1.2 bn / EUR 1.0 bn TOTAL SYNERGIES AT EBITDA LEVEL

FINANCING & CASH-FLOW SYNERGIES

• SOURCE

• ESTIMATED RUN-RATE SYNERGIES

CHF 120 m / EUR 100 m (from end of year 1)

Up to CHF 240 m / EUR 200 m (over time)

ƒ Best practice on maintenance capex

ƒ Higher efficiency on expansion capex

ƒ Sharing of best practices

CHF 250 m / EUR 200 m

CHF 1.7 bn / EUR 1.4 bn TOTAL SYNERGIES

KEY STEPS TO CLOSING

» After regulatory approvals:

ƒ Holcim EGM approvals

ƒ Launch public exchange offer

DIVESTMENTS » Process to start immediately

INTEGRATION

PREPARATION » Prepare an integration plan for implementation straight after closing of the transaction

REGULATORY

APPROVALS » Regulatory proceedings initiated in all relevant jurisdictions shortly

TRANSACTION CLOSING EXPECTED IN H1 2015

Contact information and event calendar

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

Neither this presentation nor its content constitute an offer, invitation or request to buy or subscribe any securities

or other instruments, and shall not be considered as base to any agreement, commitment or decision of any kind

Clients or investors shall not take any investment decision based on the information contained herein

This presentation may contain summarized or non-audited information Following this order of ideas, the

information contained herein is subject to, and shall be read along with all the public information of Holcim Ltd and

Holcim Capital México, S.A de C.V which is available, including any other documents or reports which may contain

further or more ample information or figures, such as the corresponding Prospectus and the Supplements for each

issuance

All the material or relevant information on Holcim Capital México, S.A de C.V and, in particular, the information

connected with risk factors is provided within the Prospectus Every investor shall review the definitive Prospectus

corresponding to the securities referred hereto The preliminary Prospectus is available with the bookrunners and

on the web page of the Bolsa Mexicana de Valores, S.A.B de C.V (www.bmv.com.mx)