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Investor Presentaiton

CAPITAL MARKETS TRANSACTIONS INCREASED SHARE FLOAT AND LIQUIDITY; VALUATION REMAINS ATTRACTIVE GCC TRANSACTIONS BENEFIT PUBLIC MARKET SHAREHOLDERS Transparent control group shareholdings Float increased to 49% of shares . Increased liquidity 2023 ESTIMATED EV/EBITDA MULTIPLES¹ US Average 11.5x LatAm Peers 6.4x SHARES STILL TRADE BELOW PEER GROUP MULTIPLES 5.5x 10.0x 14.6x 14.5× 9.3x 7.4x 5.1x 6.6x 7.5x ● Even after 100% price increase since 2017 GCC Weighted Peers² Vulcan Materials Martin Marietta Summit Materials Eagle Materials Argos Cemex Cemex LatAm · Trading at a 45% discount to weighted peers² • 52% discount to U.S. average 14% discount to LatAm average 1 Source: J.P. Morgan (March 2023) and Morgan Stanley (March 2023) estimates 2 Weighted peers implies: 72% US peers + 28% LatAm peers 27 22
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