Titan Cement International : PUBLICATION OF A TRANSPARENCY NOTIFICATIOΝ

Media Release

Regulatory Information

PUBLICATION OF A TRANSPARENCY NOTIFICATION

(Article 14, first paragraph, of the Law of 2 May 2007 on disclosure of major holdings)

Brussels, 22 April 2021, 18:30 CEST - Titan Cement International SA (Euronext Brussels, ATHEX and Euronext Paris, TITC) announces the transparency notification dated 22 April 2021, according to which on 22 April 2021 TITAN Cement International S.A. acquired by virtue of a sale and purchase agreement 4,122,393 of own shares from its subsidiary TITAN Cement Company S.A.. As a result, Titan Cement Company S.A. crossed the 5% threshold downwards and TITAN Cement International S.A. crossed the 5% threshold upwards. This transaction is part of the execution process of the decision of the Board of Directors of TITAN Cement International S.A., according to which TITAN Cement International S.A. intends to cancel 4,122,393 of its own shares, an amount that corresponds to 5% of the total voting rights in TITAN Cement International S.A.. The process for the cancellation of the aforementioned shares is expected to be completed by the end of Q2 2021.

The notification dated contains the following information:

Reason for the notification	Acquisition or disposal of voting securities or voting rights
Notification by	A parent undertaking or a controlling person
Persons subject to the notification	∙ TITAN Cement Company S.A.
requirement	∙ TITAN Cement International S.A.
Transaction date	22 April 2021
Threshold that is crossed	5%
Denominator	82,447,868
Chain of controlled undertakings through	Titan Cement International SA controls Titan Cement Company
which the holding is effectively held	S.A. Titan Cement International SA is not a controlled entity
Additional information	On April 22nd 2021 TITAN Cement International S.A. purchased
	4,122,393 of own shares from TITAN Cement Company S.A..
	This transaction is part of the execution process of the decision
	of the Board of Directors of TITAN Cement International S.A.,
	according to which TITAN Cement International S.A. intends to
	cancel 4,122,393 of its own shares, an amount that
	corresponds to 5% of the total voting rights in TITAN Cement
	International S.A.. The process for the cancellation of the
	aforementioned shares is expected to be completed by the
	end of Q2 2021.

Notified details:

	A) Voting rights		Previous	After the transaction
		notification
			# of voting rights	# of voting rights	% of voting rights
	Holders of voting rights			Linked to securities	Linked to securities
	TITAN Cement Company S.A.		4,841,247	1,054,780	1.28%
	TITAN Cement International S.A.		0	4,443,618	5.39%
	TOTAL			5,498,398	6.67%

- This press release can be found on the website of Titan Cement International SA at: https://ir.titan- cement.com/en/regulatory-stock-exchange-announcements

- The notification can be found on the website of Titan Cement International S.A. at: https://ir.titan- cement.com/en/shareholder-center/shareholder-structure

- For further information, please contact Afroditi Sylla, Investor Relations Director on [phone]

About Titan Cement International SA

Titan Cement International, parent company of TITAN Group, 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.