Media Release

ANNOUNCEMENT OF INTENTION TO ACQUIRE OWN SHARES

Brussels, 19 March 2020, 17:30 CET -TitanCement International S.A. (Euronext Brussels, ATHEX and Euronext Paris, TITC) announces its intention to implement a buy-back programme of up to a maximum amount of EUR 10,000,000. The programme which will be up to 1,000,000 own shares will be implemented in Euronext Brussels and ATHEX. The expected term of the programme is 2 months and its implementation will start on or around 20.3.2020. The Company may terminate, suspend or postpone the programme if deemed appropriate with respect to the Company's investment strategy. The programme will be implemented in compliance with the applicable buy- back rules and regulations. The bought back shares will be held as treasury shares and may be also used in the context of employee incentive plans.

TCI will keep the market fully informed of the progress of the relevant transactions in line with applicable regulations.

  • This press release may be consulted on the website of Titan Cement International SA via this linkhttps://ir.titan-cement.com/en/regulatory-stock-exchange-announcements.
  • Contact person: Afroditi Sylla, Investor Relations at +30 210 2591 257, ir@titan-cement.com

About Titan Cement International SA: Titan Cement International is a multiregional cement and building materials producer. Business activities cover the production, transportation and distribution of cement, concrete, aggregates, fly ash, mortars and other building materials. The Group employs about 5,500 people and is present in more than 15 countries, operating cement plants in 10 of them, the USA, Greece, Albania, Bulgaria, North Macedonia, Kosovo, Serbia, Egypt, Turkey and Brazil. Throughout its history, the Group has

aspired to serve the needs of society, while contributing to sustainable growth with responsibility and integrity.

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Titan Cement International SA published this content on 19 March 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 March 2020 17:42:00 UTC