Investor Presentaiton

2023 Annual Results Highlights ■ Operational Cement: Period-end installed capacity of 31.8mt (31 Dec 2022: 33.3mt) Sales volume of 19.8mt (31 Dec 2022: 18.5mt). Including clinker sales 20.5mt (31 Dec 2022: 19.3mt) ASP of RMB360/t (31 Dec 2022: RMB358/t) 中国西部水泥有限公司 WEST CHINA CEMENT LIMITED Regional operational metrics (Cement) PRC Africa Market situation Highly Competitive ■Limited Competition Aggregates: Period-end installed capacity of 15.0mt (31 Dec 2022: 15.0mt) Cement 17.2 (2022: 17.3) Sales volume of 4.05mt (31 Dec 2022: 4.61mt) - ASP of RMB45/t (31 Dec 2022: RMB51/t) Sales volume (mt) Commercial Concrete: Period-end installed capacity of 12.4mcm (31 Dec 2022: 12.4mcm) Sales volume of 1.91mcm (31 Dec 2022: 1.74mcm) ASP of RMB378/cm (31 Dec 2022: RMB407/cm) Financial Product mix Low grade 18% 2.6 (2022: 1.2) Total 19.8 (2022: 18.5) High grade 82% High grade 100% High grade 84% - Gross Profit increase to RMB2,460.0m (31 Dec 2022: RMB2, 181.8m) EBITDA decrease to RMB2,948.6m (31 Dec 2022: RMB3, 176.4m) Average: 292 Average: 813 813 - Profit Attributable to Shareholders RMB421.3m (31 Dec 2022: RMB1,214.7m) Net Gearing 60.4% (31 Dec 2022: 55.9%) ASP 296 (RMB) 272 Cash & cash equivalents of RMB2, 120.3m (31 Dec 2022: RMB2,045.9m) Further Developments - The National Cement Plant, Ethiopia was commissioned in November 2022. The Great Lakes Plant, D.R. Congo was commissioned in December 2022. The Group fully repaid the medium-term notes at RMB700 million in September 2023. Low grade 16% Average: 359 376 272 High grade Low grade High grade Low grade High grade 6

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