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Investor Presentaiton

DANGOTE 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
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