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Investor Presentaiton

Robust 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
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