credit suisse european building materials conference theophil h schlatter cfo bernhard a fuchs head investor relations june 1 2010 holcim ltd

Positioning – Holcim’s cement market portfolio Sources: Holcim, US Census Bureau, Datastream - Economist Intelligence Unit, February 2010 GDP per capita at PPP CAGR 2010 - 2014E Cumulate

© Holcim Ltd 2010

Theophil H Schlatter – CFO

Bernhard A Fuchs – Head Investor Relations

June 1, 2010

Credit Suisse –

European Building Materials Conference

Phu My Bridge, Vietnam

Agenda

1 Strategy and positioning

2 Value driven investment criteria

3 First quarter 2010 results

4 Conclusions

5 Appendix – Maps

Holcim strategy…

…effective execution is the base for success

1Reported as per 12M 2009 YTD

Diversification

Local Management Global Standards

• Two basic resources

• Supported by global standards

EuropeNorth America

Net sales1 Op EBITDA1

Holcim Value Chain – positioning aligned with the maturity profile of a market

Transactional

Mortars

Ready -mix Concrete

Asphalt

Concrete Products Direct Sales

Civil Engineering

Channels

Transformational

Masons Self - builders

Demand

A p p

l i c a

t i o n s

Applications and Construction Fields

Positioning – Holcim’s cement market portfolio

Sources: Holcim, US Census Bureau, Datastream - Economist Intelligence Unit, February 2010

GDP per capita (at PPP) CAGR 2010 - 2014E

Cumulated population

growth 2010 - 2014E

Western Europe 26.8 Mt

Eastern Europe 24.3 Mt

Africa Middle East 27.2 Mt

Mature markets Emerging markets

Size of circles represents influenced capacity 2009

North America 20.6 Mt

India 50.7 Mt

China 51.0 Mt

Asia Pacific excl

India, Australia, China

46.9 Mt

Latin America 34.2 Mt

Demand growth

Australia 4.5 Mt

Positioning – Holcim’s aggregates market portfolio

Latin America 11.8 Mt

North America 40.2 Mt

Asia 10.4 Mt1

Mature markets Emerging markets

Size of circles represents consolidated sales volumes 2009

Eastern Europe 8.4 Mt

Demand growth

1including 3 months Australia

Sources: Holcim, US Census Bureau, Datastream - Economist Intelligence Unit, February 2010

GDP per capita (at PPP) CAGR 2010 - 2014E Cumulated population

growth 2010 - 2014E

Emerging Market

2009

Holcim World

Mature Market

Emerging Market

GDP Growth weighted with Holcim op EBITDA 2009 per country [%] (excl China)

0 5 10

Mature markets

Mature markets

Demand drivers – population growth and

urbanization

World population

• Likely little or even no population growth in most developed countries while population growth in emerging countries will continue

• In emerging and mature countries migration from rural areas into

urban agglomerations will continue

Source: United Nations, World Population Prospects, March 2009 – in billion

Population in rural and urban areas

Global construction outlook still rock-solid and

dynamic!

With a presence in 13 out of 15 top construction markets

Holcim is very well positioned to capture growth opportunities

Source: Global Construction 2020, Global Construction Perspectives, Oxford Economics, November 2009

Holcim BRIC pro-forma op EBITDA 20091

Holcim influenced capacity 2009 (M tonnes)

BrazilRussia/CISIndiaChina

Russia – Shurovo renewal

All BRICs in one basket? Positions and challenges are very different!

1Pro-forma incl China (Holcim participation in Huaxin Cement is 39.9 percent – therefore it’s not fully consolidated)

Brazil – platform for growth

Brasilia Belo Horizonte

Rio de Janeiro Sao Paulo

Holcim BRIC pro-forma op EBITDA 20091

Holcim influenced capacity 2009 (M tonnes)

BrazilRussia/CISIndiaChina

Madras

Rauri in the Himalayas

China – focus on provinces

>3,000 km

• Eight provinces along the Yangtze River

• Market size of 450M t

• Huaxin – capacity 51M tonnes

1Pro-forma incl China (Holcim participation in Huaxin Cement is 39.9 percent – therefore it’s not fully consolidated)

Not only BRICs – a lot of other emerging markets show above average growth rates…

…and Holcim holds top-three market positions in most of them

CAGR 2010 – 2020 construction output

Order of other emerging markets according to construction market size

Source: Global Construction 2020, Global Construction Perspectives, Oxford Economics, November 2009

World average

Ro m

an ia

Ar ge

nt in a

Cz ec

h Re

pu bl ic

Ph ili

pp in es

No HolcimpresenceMarkets withHolcim presence

Agenda

1 Strategy and positioning

2 Value driven investment criteria

3 First quarter 2010 results

4 Conclusions

5 Appendix – Maps

Holcim investment criteria –

set to secure long-term above average returns

Success factor – rigorous investment analysis and discipline

Diversification

Local Management Global Standards

• Strategic fit

• Position taking in line

with maturity profile of

the respective market

• Resource management

• Local culture embedment

Organic expansion – most efficient way to grow

USA: Ste Genevieve

Mexico: Hermosillo

Know how from past projects applied to new expansions

Indonesia: Tuban Java

Holcim’s cement capacity expansion projects

Cement capacity in million tonnes 2010 2011 Total

Agenda

1 Strategy and positioning

2 Value driven investment criteria

3 First quarter 2010 results

4 Conclusions

5 Appendix – Maps

Key financial figures

1Calculated on the weighted average number of shares outstanding

Based on IAS 33 the average number of shares was retrospectively increased by 8.8%

Operating EBITDA by region

-29 -14

-54

248 253

284

91 78

105

Million CHF

137 119

Q1 2008 Q1 2009 Q1 2010

507 419

403

Outlook 2010 – confirmed

• Europe – markets will recover but only slowly

• North America – no rapid recovery in the construction market

on a stable footing

• Asia Pacific – markets will remain on track for growth

• Australia – the acquisition will make a solid contribution

• Cost savings – the savings implemented in 2009 will be retained

Holcim will start the next upturn from a stronger position

Agenda

1 Strategy and positioning

2 Value driven investment criteria

3 First quarter 2010 results

4 Conclusions

5 Appendix – Maps

Agenda

1 Strategy and positioning

2 Value driven investment criteria

3 First quarter 2010 results

4 Conclusions

5 Appendix – Maps

terminal Aggregates

Participation:

Cement plant Under construction

1 1

Positions in North America

Cement capacity: 20.6 million t

Cement plant Grinding plant/

terminal Aggregates

Positions in Latin America

Cement capacity: 31.0 million t; further 3.2 million t with partners

1

1

1

1

Positions in Africa Middle East

Cement capacity: 11.2 million t; further 16.0 million t with partners

Positions Asia Pacific

Cement capacity: 90.7 million t; further 62.4 million t with partners

1 1

1

ACL/ACC20%

Disclaimer

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.

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