#19M 2023 results UNAUDITED RESULTS FOR NINE MONTHS ENDED 30th SEPTEMBER 2023 30th October 2023 @dangotecement UTVER IN I'M NO www.dangotecement.com DANGOTE CEMENT#2A Global Leader, Proudly African Dangote Cement is sub-Saharan Africa's largest and leading cement company, with operations in 10 African countries. DANGOTE CEMENT We are resolute in transforming Africa, while creating sustainable value for all our stakeholders. 8 Integrated Our vision is to be a global leader in cement production, respected for the quality of our products and services and for the way we conduct business. 52Mta 1 capacity across 10 countries Capacity Grinding Import terminal Our mission is to deliver strong returns to our shareholders by selling high-quality products at affordable prices, backed by excellent customer service. Investor Presentation 1 Nigeria 35.3Mta 4 Ethiopia 2.5Mta 7 Cameroon 1.5Mta 2 Tanzania 3.0Mta 5 Zambia 1.5Mta 8 Senegal 1.5Mta 3 South Africa 2.8Mta 6 Congo 9 Sierra Leone 1.5Mta 0.5Mta 10 Ghana 0.45Mta 1.5Mta 1 10 7 S 3 LO 5 4 2 Dangote Cement | Page 2#3• SSA - Macro Economic Environment Sub-Saharan Africa (SSA) is estimated to grow at a slower pace of 3.3% in 2023 from 4.0% in 2022. This is due to the challenges of accelerating commodity prices, fiscal imbalance and a pile up of public debt, which the region is still confronted with. ⚫ For our operations, we have consistently improved on our value proposition by deploying technology and route-to-market solutions, which have propelled strong demand in pan-Africa and sustained our business on a path of growth. • • Ethiopia, Tanzania and Senegal are among the fastest growing countries in the region in 2023. The prospect of high population growth including the drive to close the huge infrastructural deficit, positions sub-Saharan Africa as a viable market for cement. GDP growth across our operating environment 2023 - all our operating countries are estimated to grow, though slower than 2022 SSA GDP growth 2022A 5.0% DANGOTE CEMENT Operating in 10 countries across Africa 2023E 2024F 7.0% 3.0% -1.0% 2022A -5.0% 2023E 2024F 3.0% -9.0% ■Congo ■Cameroon ■ Zambia ■South Africa ■Senegal ■Ghana Nigeria ■Tanzania Sierra Leone 1.0% ■ Ethiopia Source: IMF estimates Investor Presentation 4.0% 3.3% 4.0% Dangote Cement | Page 3#4Nigeria - Macro - Macro Economic Environment ■ % Nigeria transitioned to a new government in the second quarter after holding its 7th election cycle in March DANGOTE CEMENT ■ Economic Growth Nigeria's economy grew by 2.51% in the second quarter of 2023, faster than the 2.31% growth in Q1. The growth was underpinned by developments in the non-oil sector, which grew by 3.58%. In contrast, the oil sector contracted by 13.43%. The IMF forecast economic growth of 2.9% in 2023, slower than the 3.3% growth in 2022. Major downside to this outlook is tighter monetary stance due to accelerating inflation ■ Interest Rate The CBN hiked MPR eight-consecutive times over the last 12 months to 18.75%, in a sustained move to control accelerating inflation. One-year T-bills closed at 12.98%, higher than 8.49% in 2022, highlighting the upward trend in the yield curve in the period. The CBN resumed OMO sales in August after seven months of halting issuance of the short- term instrument. Exchange Rate In the second quarter, Nigeria floated the naira, allowing for market determined rates of the domestic currency. The naira weakened from N461.1/$1 at the end of 2022 to N769.3/$ at the end of September 2023 (65% devaluation). ■ External reserve stood at $33.2 billion as at end of September, down 10.4% from $37.1 billion as at year end 2022. ■ Total debt stock jumped to N87.4 trillion in H1 23, inclusive of N22.7 trillion advances from the CBN. Politics Big steps taken by President Tinubu to attract investors: - Fuel subsidy removal - FX market reform Peaceful transition of power after a keenly contested general election The President nominated Yemi Cardoso, as the new CBN Governor. Inflation Headline inflation rate accelerated to 26.72% YoY in September 2023, on the back of disruption in food supply and increases in import costs. ■ Food inflation quickened to 30.64% whilst core inflation rose to 21.8% in September. ■ Total trade stood at N24.8 trillion in H1 23, down 13% YoY. Both imports and exports were down 18.7% and 6.9% to N11.3 trillion and N13.5 trillion, respectively. Oil Production Nigeria's oil production averaged 1.2mb/d in Q2-23, down 14.7% and 19.2% YoY and QoQ, respectively. ■ Meanwhile, Brent Crude oil price averaged $81.9/b YTD to September, down by 20% YoY. Source: IMF, CBN, OPEC, NBS Investor Presentation Dangote Cement | Page 4#59M 2023: PAT up 30.2% at #277.5B FINANCIAL Group revenue up 28.7% to №1,514.6B OPERATIONAL SUSTAINABILITY Strong pan-Africa volumes up 15.2% to 8.5Mt 27% female Board representation Diverse Board with 6 different nationalities Group EBITDA up 28.5% to N662.8B Commenced operations at our 0.45Mta grinding plant in Ghana Completed Tranche I of the second share buyback programme, repurchasing 0.71% of shares outstanding DANGOTE CEMENT SDG Alignment 5 GENDER EQUALITY 10 INEQUALITIES REDUCED DECENT WORK AND ECONOMIC GROWTH 9 AND INFRASTRUCTURE PAT up 30.2% to N277.5B Okpella alternative fuel system to be commissioned in December 9.8% alternative fuel thermal substitution rate versus 3.8% in 9M 2022 9 alternative fuel projects completed across the Group. CDP SUPPORTER 2021 Investor Presentation Creating Sustainable Value for all Stakeholders Dangote Cement | Page 5#69M 2023 - Impressive Nine Months Performance Diversification benefit coming from a strong pan-Africa performance Financial Nine months ended September Sales volumes* Nigeria volumes Pan-African volumes Inter-company sales Total Revenues Nigeria Pan-Africa Inter-company sales Total EBITDA Nigeria* ** Pan-Africa** Inter-company and central costs Total EBITDA margin* ** Nigeria Pan-Africa Group DANGOTE CEMENT 9M 2023 9M 2022 Change • Group revenues up 28.7% 'ooot 'ooot % • 12,017 13,481 -10.9% • 8,492 7,372 15.2% (221) (56) Group EBITDA up 28.5%; with a margin of 43.8% Record pan-Africa EBITDA up three-folds to N170.0B; 28.9% margin Nigeria EBITDA up 5.9%, despite accelerating inflation 20,288 20,797 -2.4% • PAT up 30.2% to N277.5B Nm Nm • Net debt at N507.7B; net gearing of 37.2% 933,084 890,654 588,243 288,509 4.8% 103.9% • (6,726) (1,907) 1,514,601 1,177,256 28.7% • Nm 508,116 Nm 479,924 5.9% 170,017 47,844 255.4% (15,371) (11,889) 29.3% 662,762 515,879 28.5% • • % % . 54.5% 53.9% 28.9% 16.6% 0.6pp 12.3pp · 43.8% 43.8% EPS up 29.6% at N16.08 Operational Group volumes down 2.4% to 20.3Mt, owing to election uncertainty, cash unavailability and FX devaluation impacting Nigeria volumes Pan-Africa volumes up 15.2% on strong performance from Ethiopia, Cameroon, Senegal, Zambia and Congo. Commenced operations at our 0.45Mta grinding plant in Ghana Exported clinker to Cameroon in Q3 Okpella alternative fuel system to be commissioned in December, along with three other projects. Plans ongoing to maximise export volumes and intensify efforts in transitioning from diesel power trucks to CNG PAT 277,548 213,101 30.2% * Sales volume include cement and clinker **Before corporate costs and eliminations Investor Presentation Dangote Cement | Page 6.#7Group Financial Overview Income Statement DANGOTE CEMENT 9M 2023 Nm 9M 2022 Nm % change Revenue Cost of sales 1,514,601 1,177,256 28.7% (642,743) (483,831) 32.8% Gross profit 871,858 693,425 25.7% Gross margin 57.6% 58.9% (1.3pp) EBITDA 662,762 515,879 28.5% EBITDA margin 43.8% 43.8% EBIT 561,008 433,623 29.4% EBIT margin 37.0% 36.8% 0.2% DANGOTE BlocMaster PORTLAND LIMESTONE CEMENT Finance income 20,667 28,834 (28.3%) FX loss (99,016) (72,390) 36.8% Interest expense and other (91,081) (54,167) 68.1% cost Gains on monetary assets 13,312 Profit before tax 404,890 335,900 20.5% Income tax (expense)/credit (127,342) (122,799) 3.7% Profit for the period 277,548 213,101 30.2% 42.56 GRADE CEMENT SUPER Earnings per share 16.08 12.41 29.6% 50+1kg MANCA Investor Presentation Dangote Cement | Page 7#8Group Financial Overview (cont'd) Movement in debt As at 31st December 2022 Cash from operations before working Cash Nm Debt Nm 283,843 (706,734) capital changes Change in working capital Income tax paid 615,728 (38,173) (124,482) Additions to fixed assets (68,386) Loans repaid by related party 132,812 Change in non-current prepayments (37,412) and payables Other investing activities (171) Net Lease receivables . I I I I DANGOTE CEMENT Net debt Nm (422,891) 615,728 (38,173) (124,482) (68,386) 132,812 (37,412) (171) 5,261 (41,423) (337,471) (45,135) DANGOTE FALCON KWIKSET 5,261 Share buyback (41,423) Net dividend received (337,471) Net interest payment (45,135) Net loans obtained (repaid) 96,726 (96,726) Overdraft (51,879) 51,879 Other cash and non-cash (4,576) (141,339) (145,915) movements As at 30th September 2023 385,262 (892,920) (507,658) Investor Presentation 50kg MANCAP C4771 Dangote Cement | Page 8#9Group Financial Overview (cont'd) Balance Sheet As at 30/9/23 Nm As at 31/12/22 Nm Property, plant and equipment 2,019,007 Other non-current assets 114,386 1,527,293 58,676 Intangible Assets 11,262 6,225 Current Assets 814,816 739,618 Cash and Cash Equivalents 385,262 283,843 Total Assets 3,344,733 2,615,655 Non-current liabilities Current liabilities Debt Total Liabilities Net Assets Investor Presentation 212,781 181,525 873,022 648,449 892,920 706,734 1,978,723 1,536,708 1,366,010 1,078,947 DANGOTE CEMENT Dangote Cement | Page 9#10Nigeria - Record EBITDA on Effective Cost Management 891 730 933 459 480 508 . • • • DANGOTE CEMENT 9M 2023 volumes were down, due to the election uncertainties and the currency crunch in the first quarter and intense rainfall in the third quarter 9M revenues for the Nigeria operations rose 4.8% to №933.1B on price increase to match accelerating inflationary environment 9M EBITDA was up 5.9% to N508.1B, supported by effective cost management in the period Okpella alternative fuel system to be commissioned in December 9M 21 9M 22 9M 23 9M 21 9M 22 9M 23 Revenue (NB) Financial Summary - Nigeria Nine months ended 30th September Total volumes (Kt) Revenue (Nm) EBITDA** (Nm) EBITDA margin ** **Before corporate costs and inter-company eliminations Investor Presentation EBITDA(NB) 2023 2022 Change 12,017 13,482 -10.9% 933,084 890,654 4.8% 508,116 479,924 5.9% 54.5% 53.9% 0.6pp • Exported 497Kt of cement and clinker from Nigeria, down slightly due to halted exports to Niger Dangote Cement | Page 10#11DANGOTE CEMENT . Pan-Africa - Strong Performance across Board, Particularly Ethiopia Volumes up 15.2% to 8.5Mt, driven by healthy volume growth from Senegal, Congo and Zambia Pan-African volume accounts for 42% of Group volume, reinforcing our diversification strategy Revenues up 103.9% to N588.2B, on improved sales across our operations Three-folds increase in EBITDA to N170.0B with a record margin of 28.9%. Strong EBITDA contribution from Ethiopia due to reduction in cash cost Capacity maximisation in Senegal, Ethiopia and Cameroon 206.0 Strong pan-African EBITDA 170 156.0 106.0 71.3 56.0 47.9 39.1 47.8 6.0 9M18 9M19 9M20 9M21 9M22 9M23 Commenced operations at our 0.45Mta grinding plant in Ghana and have reached advanced stage in the deployment of 1.5Mta grinding plant in Cote d'Ivoire Clinker export to Cote d'Ivoire to begin by 2024 - Financial Summary – Pan-Africa Nine months ended 30th September Total volumes (Kt) Revenue (Nm) EBITDA** (Nm) 2023 2022 Change 8,492 7,372 15.2% DANGOTE CEMENT 588,243 HOTE ANCOTE GEMENT 288,509 103.9% DANGOTE 170,017 47,844 255.4% CEMENT EBITDA margin* ** **Before corporate costs and eliminations Investor Presentation 28.9% 16.6% 12.3pp Dangote Cement | Page 11#12Country updates Investor Presentation CAMEROON CONGO ETHIOPIA • Estimated 3.1 Mt total market sales in 9M 2023 Resilient cement sector supporting the overall expansion of the economy An increase in developmental projects in various regions are expected to spur cement demand in the near term DCP Cameroon sold 1.0Mt in 9M 2023, up 1.6% Estimated market sales of 671Kt in 9M 2023 Clinker exports to Cameroon commenced in June DCP Congo sold 612Kt in 9M 2023, 60.5% increase from the 381Kt sold in the prior year Strong demand for export sales Estimated 5.2Mt total market sales in 9M 2023 DCP sales of 1.9Mt in 9M 2023 was up by 6.5% compared to 9M 2022 The growth in volume was due to improved clinker production and the increasing number of private and government infrastructural projects Capacity maximisation DANGOTE CEMENT Dangote Cement | Page 12#13Country updates Investor Presentation • GHANA SENEGAL SIERRA LEONE Estimated over 4.9Mt total market sales in 9M 2023 DCP Ghana sold 232Kt of cement in 9M 2023, up 15.5% year on year Dangote Cement Ghana took coordinated steps in improving retail footprints and product availability that translated into improved sales Commenced operations at our 0.45Mta grinding plant in Takoradi Estimated total market sales of 5.2Mt in 9M 2023 DCP sold 1.2Mt of cement in the period, up by 66.9% year-on-year. Ongoing infrastructural project including Diam Niadio-Mbour-Kaolack road project should support the growth of cement sales Our operation in Senegal is operating at full capacity Estimated market sales of 638.6Kt in 9M 2023 Pockets of stock shortages impacted volumes for the year Dangote Cement Sierra Leone sold 39.5Kt of cement in the period DANGOTE CEMENT Dangote Cement | Page 13.#14Country updates Investor Presentation SOUTH AFRICA Dangote Cement South Africa continues to show resilience in an economy burdened with a deep energy crisis and power cuts Alternative fuel usage increased, with Dangote Cement South Africa achieving an average thermal substitution rate of 55.6% in 9M 2023 Our sales volumes for 9M 2023 was up by 8.5%, year-on-year TANZANIA Estimated 5.5Mt total market sales for 9M 2023 DCP sold 1.5Mt for 9M 2023, up by 6.5% Volume growth was supported by improvement in sales to Southern Highlands, Zanzibar and improved exports. ZAMBIA Estimated 1.8Mt total market sales for 9M 2023 DCP Zambia sold 550Kt of cement in 9M 2023, up by 18.0% Volume growth was supported by improved exports to neighbouring countries DANGOTE CEMENT Dangote Cement | Page 14#15Debt and Liquidity Robust Capital Structure Investor Presentation VIN DANGOTE CEMENT#16Track Record of Accessing the Debt Capital Market Bond Programme N300B Multi-Instrument Programme enabling DCP to issue Green Bonds and Sukuk Commercial Paper Programme DANGOTE CEMENT Upsized our commercial paper programme to N300 billion from N150 billion Outstanding Bonds Outstanding Commercial Paper Bond N100B Date issued Tranches (bn) Pricing Maturity Series Value (Nbn) April 2020 12.5% 2025 Series 5 46.0 Tenor 267 days Pricing 14.0% Maturity 01-11-23 A - 3.6 11.25% 2024 Series 7 40.3 267 days 11.5% 05-12-23 N50B May 2021 B-10.4 12.5% 2026 Series 8 32.9 183 days 10.0% 16-01-24 C-35.9 13.5% 2028 Series 9 50.3 267 days 11.5% 09-04-24 A - 4.3 11.85% 2027 N116B April 2022 B-23.3 12.23% 2029 C -88.4 13.0% 2032 Bonds & Loans AFRICA AWARDS 9th March 2022 Mount Nelson, Cape Town Bond Programme size Drawn Undrawn balance Investor Presentation emeafinance Achievement Awards 2021 MOA MADE OF AFRICA AWARDS • Issued N221.4 billion Series 4, 5, 6, 7, 8 and 9 Commercial Paper in 9M 2023 for working capital purposes Issued an aggregate of over N680 billion in Commercial Papers since 2018. N'bn 300.0 (166.0) 134.0 Commercial Paper Programme size Drawn Undrawn balance N'bn 300.0 (169.5) 130.5 Dangote Cement | Page 16#17Successful Share Buy-Back Programme Tranche I of DCPs Second Share Buy-Back Programme Completed Daily Summary Date 17/07/2023 18/07/2023 Stockbroker All Stockbrokers All Stockbrokers Total Shares Repurchased 16,623,661 104,781,053 121,404,714 Value Repurchased Avg Price 5,607,316,605.4 35,548,387,212.8 337.3 339.3 41,155,703,818.2 339.00 Share Capital Analysis Pre Buy-Back number of shares 17,040,507,404 Tranche I (2020) 40,200,000 0.24% Tranche II (2022) 126,748,153 0.74% Tranche I (2023) 121,404,714 0.71% Post Buy-Back number of shares 16,752,154,537 1.7% Investor Presentation The share buy-back programme reflects DCP's commitment to finding opportunities beyond dividend to return cash to shareholders. Mkt Cap (bn N) DANGOTE CEMENT 7,000 6,500 400 352 350 6,000 5,500 285 300 5,000 I I 250 4,500 4,000 I 4,808 5,938 200 3,500 3,000 150 Pre Buy-back Market Cap Post Buy-back Share price • • • DCP bought back 0.71% of its issued and fully paid-up ordinary shares. The buy-back was exercised at an average price of #339.00/share. The overall outcome of the tranche I buy-back was successful, with DCP achieving a record share price of #360/share. Post buy-back market capitalisation was #5,938 billion. Dangote Cement | Page 17 DCP's share price, N#18Robust Capital Structure LENDING DIVERSIFICATION Facility Pricings Draw down Tenor Bond - April 2020 12.5% N100B 2025 Bond - May 2021 (tranche 11.25%- N50B 2024-2028 A,B&C) 13.5% Bond - April 2022 (tranche A,B&C) 11.85%- N116B 2027-2032 13.0% Bank debt various N372.4B 2021-2023 Commercial Paper 10-14% N138.8B 2023 Related parties 6%-8.5% N38.8B 2021-2025 Bond discount value - N263B Commercial paper discount value - N127B Investor Presentation as at the end of September 2023 • RATINGS DANGOTE CEMENT On 21 July 2023, Global Credit Ratings long-term Issuer rating affirmed at AA+ (NG), with a stable outlook, while the short-term issuer rating at A1+(NG) was with a stable outlook long-term Issue rating of AA+ (NG) accorded to DCPs existing Bond issues and DCPs new N116bn Series 2 Bond, with the outlook accorded stable. February 2023, Moody's: ➤ (P)B3 local currency rating and Baa3.ng national scale rating (NSR) to the NGN300 billion domestic medium-term programme issued by DCP. Caa1 long term corporate family rating (CFR). The rating outlook is stable, similar to that of the sovereign. Dangote Cement | Page 18#19wwww sace Strategy (Exports) Investor Presentation DANGOTE CEMENT#20Cementing Africa's Economic Self-Sufficiency We make the regional and continental free trade agreements a reality Our vision is for Africa to be cement and clinker self-sufficient. DANGOTE CEMENT We fulfilled this goal in our home country, Nigeria, which has gone from being one of the largest importers of cement, to become self-sufficient and now an exporter of cement and clinker. Senegal Sierra Leone Investor Presentation Mali Burkina Faso Niger Nigeria Ivory Coast Ghana Central African Republic Cameroon Port, Lagos State Congo Gabon Port, Rivers State Sea export (clinker) Land export (cement) • • • . West and Central Assets Nigeria has a relative abundance of quality limestone especially in key southern regions near to demand centers and export facilities The absence of limestone in much of West Africa, especially coastal states, forces those countries to import bulk cement or its intermediate product, clinker, usually from Asia and Europe Dangote Cement plans an 'export to import' strategy to serve West and Central Africa from Nigerian factories, exporting by sea - making the region cement self-sufficient Nigeria can serve a potential market of 15 countries, 350m+ people We currently export clinker from Nigeria via our export terminals to Cameroon and Ghana, while we export cement to Niger and Togo Senegal exports cement to Mali; while in Congo we export clinker to Cameroon and cement to Central African Republic and Democratic Republic of Congo. Dangote Cement | Page 20#21Cementing Africa's Economic Self-Sufficiency We make the regional and continental free trade agreements a reality Our vision is for Africa to be cement and clinker self-sufficient. DANGOTE CEMENT We fulfilled this goal in our home country, Nigeria, which has gone from being one of the largest importers of cement, to become self-sufficient and now an exporter of cement and clinker. Democratic Republic of Congo Angola Zambia Investor Presentation Botswana South Africa Zimbabwe Ethiopia Kenya Tanzania Indian Ocean Islands Sea export Land export . Southern and Eastern Assets In East Africa, we export from Zambia and Tanzania • In Zambia, we exports clinker/cement to Zimbabwe, Burundi, Democratic Republic of Congo and Malawi. • In Tanzania, we export cement to Burundi, Democratic Republic of Congo and the Indian Ocean Islands. • Dangote Cement is optimising its eastern assets to serve the region and become cement self-sufficient through its 'export to import' strategy. Dangote Cement | Page 21#22Focus on West and Central Africa Expansion Strategy... ...while optimising our Eastern African assets Existing operations Opportunities Senegal Sierra Leone Investor Presentation Ghana Nigeria Cameroon Expansion focus Congo Zambia South Africa Ethiopia Ghana 0.45Mta-completed Cote d'Ivoire 1.5Mta expected early 2024 I Cote d'Ivoire 1.5Mta (phase 2) - 2024 Tanzania 555 Itori, Ogun state 6Mta 355 Optimising Eastern African assets Most West African grinding plants import clinker from Asia or Europe Integrated plant Grinding plant DANGOTE CEMENT Dangote Cement | Page 22#23Sustainability Investor Presentation DANGOTE CEMENT#24Strong Board and Governance Framework Finance & Investment Committee V. Shankar (1) Olakunle Alake D.V.G. Edwin Douraid Zaghouani Halima Aliko-Dangote Alvaro Poncioni Mérian(3) Board of Directors (includes five Independent Directors) Aliko Dangote Arvind Pathak Olakunle Alake Cherie Blair* Abdu Dantata Berlina Moroole Ernest Ebi* Devakumar Edwin Emmanuel Ikazoboh Philip Mathew Viswanathan Shankar Dorothy Ufot* Douraid Zaghouani Halima Aliko-Dangote Alvaro Poncioni Mérian* • DANGOTE CEMENT Diverse Board 27% Female Board Members (gender diversity) • 6 Nationalities 5 Independent Non-Executive Directors Audit, Compliance & Risk Management Committee Ernest Ebi (1) Cherie Blair Emmanuel Ikazoboh Dorothy Ufot Remuneration, Nominations & Governance Committee Emmanuel Ikazoboh (1) Ernest Ebi Cherie Blair Sustainability & Technical Committee Douraid Zaghuoani(1) Olakunle Alake D.V.G. Edwin Dorothy Ufot Abdu Dantata Alvaro Poncioni Mérian Statutory Audit Committee(2) Robert Ade-Odiachi(¹) Nicholas Nyamali Sheriff Yussuf Olakunle Alake Emmanuel Ikazoboh Ernest Ebi 1. Note: * denotes Independent Non-Executive Directors. Chairman of Committee 2. Investor Presentation 3. The Statutory Audit Committee is not a Committee of the Board Appointed to the Board on 1st August 2023 Dangote Cement | Page 24#25DANGOTE CEMENT Sustainability & Governance - The Dangote Way Our 7 Sustainability Pillars our embedded in our culture and guide our approach to building a sustainable business. We released our 2022 combined Annual Report and Sustainability Report with ESG data presented as per Global Reporting Initiative (GRI) referential and external assurance by KPMG. Investor Presentation Dangote Cement Plc Annual Report and Accounts 2022 BUILDING A SUSTAINABLE FUTURE DANGOTE CEMENT Sustainability Reporting Best Practices Global Cement and Concrete Association gg ca CDP GRI SUSTAINABLE DEVELOPMENT GOALS UN GLOBAL COMPACT SEC SEC Code of Corporate Governance NINGX Nigerian Exchange Group Financial Reporting Council of Nigeria Federal Ministry of Trade and Investment NIGERIAN CODE OF CORPORATE GOVERNANCE 2018 Dangote Cement | Page 25#26ESG is at the Heart of Our Operation (9M 2023 highlights) IIIII TIT DANGOTE CEMENT Environmental Alternative Fuel Thermal Substitution Rate (TSR) at 9.8% in 9M 2023 versus 3.8% in 9M 2022 9 alternative fuel projects completed across the Group 293,369 tonnes of biomass co-processed in DCP kilns Phased transition from diesel power trucks to Compressed Natural Gas (CNG) in response to rising energy cost • • Social N1,361 million spent on social intervention activities across the Group in 9M 2023 Employee welfare programme to cushion effect of high inflationary environment Sustainability week themed "Sustainable Production and Consumption -The Dangote Way" commenced in October. • • Governance Reviewed and implemented new governance policies in line with best practices Appointment of a new Independent Director Implementing an effective Internal Control over Financial Reporting (ICOFR) risk assessment AGM held in April, where shareholders approved a dividend of N20.00 per share. Completed Tranche I of second share buyback programme, repurchasing 0.71% of shares outstanding Sustainability performance highlights CO2 emission 576kg Co2/tonne 9M 2022: 594kg CO2/tonne Investor Presentation Energy consumption 806 Kcal/kg 9M 2022: 809 Kcal/kg Water consumption 223 liters/tonne 9M 2022: 236 liters/tonne Dangote Cement | Page 26#27CDP Rating Upgraded to B 12 RESPONSIBLE CONSUMPTION AND PRODUCTION QO CLIMATE ACTION . • • CDP Submission to Carbon Disclosure Project (CDP) Rated "B" by CDP on our carbon disclosure for 2022, second consecutive upgrade One of the highest ratings in Sub-Saharan Africa and the only Nigeria company rated by CDP In 2021 DCP became a CDP supporter. B C 2020 Awareness band: Knowledge of impacts on, and of, climate issues 2021 B DANGOTE CEMENT B- 2022 Sustained progress in climate and environmental sustainability disclosure Management band: Taking coordinated action on climate issues CDP SUPPORTER 2021 TM "As a mission-based non-profit that runs the global environmental disclosure system, CDP greatly values the support of Dangote Cement. Action this decade is critical to ensuring that we can limit global warming to 1.5°C and safeguard our planet's natural resources. Quite simply what is measured can be managed. Through its 2021 disclosure to CDP, Dangote Cement has demonstrated its clear commitment to transparency around its environmental impacts and its strategies for action. This benefits the company as well as its shareholders, customers, and employees alike." Sonya Bhonsle, Global Head of Value Chains & Regional Director Corporations Action to Protect Nature Biodiversity awareness in all countries Tracking of mines rehabilitation plans using, EPRP, GCCA Sustainability Charter, and IUCN Integrated Biodiversity Management System (IBMS) Investor Presentation Dangote Cement | Page 27#28Social Performance WELCOME PLEASE QUEUEU DANGOTE CEMENT Customer service week 3X SOTINES DANGOTE 3X Diversity and Integration Your Gem is Next Door DCP Creche From 2 months to 2 years old • Dangote Cement' crèche continues to support workplace childcare. • To promote gender diversity, Dangote Cement joined Nigeria2Equal programme through the Dangote Women Network (DWN). #TheHRDepartmentls YourBusinessPartner Investor Presentation TEAM Jente 00 樂 DANGOTE Sustainability week DANGOTE CEMENT Are you ready to volunteer? GET INVOLVED! 2023 Dangote Sustainability Week THEME: Sustainable Production and Consumption The Dangote Way Date: October 23-27, 2023 Sustainability Week 2023 DANGO 37 To volunteer, Click HERE For details of this year's initiatives, please reach out to the Sustainability Lead/Team in your BU/Location Theme: "Sustainable Production and Consumption The Dangote Way" #1,361mn spent on CSR in 9M 2023, up by 53.8% DAN TE Dang Circular SUSTAINABLE LIVING AIR STAINABI ODUCTION SUMPTION: BOTE WAY ingb BY 3X DANGO Dang Dangote Cement sustainable living fair#29Outstanding Financial Performance 2022 Group revenue up 17.0% at Group Revenue (N'B) 2000 N1,618.3B ($3.8B) 1600 1200 800 2022 Group EBITDA up 3.5% at 400 241 N708.2B ($1.7B) 0 2022 PAT up 4.9% at 400 N382.3B ($0.9B) Market capitalisation; N5,737.0bn / ($7.5bn)* Note: as at 30th Sep 2023 Exchange rate - N423.8/$ (average FY 2022) Investor Presentation 19% CAGR الاس 800 1,618.3 700 600 500 400 300 200 134.0 100 0 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 Dividend Paid (N'B) 300 200 23% CAGR 100 34.9 500 337.5 400 300 Group EBITDA (N'B) DANGOTE CEMENT 16% CAGR 708.2 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 200 121.4 100 Group PAT (N'B) 11% CAGR 382.3 0 O 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 Over the past 12 years DCP has paid over $6.7 billion in dividends to shareholders Dangote Cement | Page 29#30PREMIUM LISTED For further information contact: Temi Aduroja Head of Investor Relations Dangote Cement Plc Investor Relations [email protected] BOARD @dangotecement www.dangotecement.com 樂 DANGOTE CEMENT