Q1 2022 & FY 2021 Results slide image

Q1 2022 & FY 2021 Results

U.S. INFRASTRUCTURE PLAN WILL BOOST THE CEMENT INDUSTRY BIDEN INFRASTRUCTURE PLAN GCC The Infrastructure Investment and Jobs Act is a $1.2 trillion infrastructure package. Included in the package is roughly $550 billion in new surface transportation spending. The plan will take 5-years and combines transformational efforts in roads, bridges, railroads, and domestic building, among others. All requiring cement 83% of GCCs EBITDA is driven by cement MARKET Cement consumption is surpasing 2019 levels with expected growth in 2021 Upcoming high cement demand will be boosted by the U.S. infrastructure plan LIMITED AVAILABILITY Decrease of cement availability due to high demand and limited supply GCC is well positioned to meet U.S. demand with Mexico cement plants and a recently expanded U.S. plant PRICE INCREASES In 2021, we increased cement prices twice, which represented an average of 8% increase 2021 cement price increase is greater than the cumulative inflation as of the end of September Market dynamic could potentially drive the increase in cement prices Sources: PCA Fall 2021 Forecast. PCA Market Intelligence "Infrastructure Investment and Jobs Act Impact on Cement Consumption" October 2021 15
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