Roadshow Mexico City on 23 – 24 August 2011 Christof Hässig – Head Corporate Financing & Treasury Bernhard A Fuchs – Head Investor Relations Urs P Birri – CFO Holcim Apasco Angel García de Quevedo – Treasurer Holcim Apasco Thomas Rüeger – Capital Markets Bank Relationship New Hermosillo plant (Mexico) © Holcim Ltd 2011 Agenda Strategy & positioning based on long term growth Looking ahead – sustainability, differentiation and investments Footprint in Latin America Financials and debt structure Certificados Bursátiles / Transaction Summary © Holcim Ltd 2011 Roadshow Mexico City August 23 - 24, 2011 Founded 1912, Holcim expanded over time and is present today in the most attractive construction markets worldwide 1920 1930 1950 1960 1970 1980 1990 2000 2011 © Holcim Ltd 2011 Roadshow Mexico City August 23 - 24, 2011 Holcim strategy… Geographic Diversification Product Focus • Two basic resources Cement Aggregates • Value-adding products and services Ready-mix concrete Asphalt Concrete products Local Management Global Standards • Truly global • Balanced between • Business – strongly anchored in local markets • ~ 2500 locations regions mature / emerging markets Net sales1 29.3% 14.6% 15.5% 4.9% 35.7% Europe North America • Supported by global standards Op EBITDA1 Policies & directives 22.3% Exchange of 9.8% know how & 38.9% 21.3% 7.7% best practices / Latin America benchmarking Africa Middle East Asia Pacific …the effective execution is the base for success Reported as per 2010 © Holcim Ltd 2011 Roadshow Mexico City August 23 - 24, 2011 Holcim Value Chain – positioning aligned with the maturity profile of a market Supply Basic Materials Processing Cementitious Materials (cement, mineral components) Channels Transactional Transformational End - users Direct Sales Ready -mix Concrete Traders General Contractors Concrete Products Self - builders Masons Wholesalers Mortars Aggregates Retailers (sand, gravel, stone, recycled aggregates) Demand Applications and Construction Fields Asphalt Direct Sales Civil Engineering A p p l i c a t i o n s Housing Commercial / Industrial Building Infrastructure © Holcim Ltd 2011 Roadshow Mexico City August 23 - 24, 2011 Positioning – Holcim’s cement market portfolio Cumulated population Growth 2010 - 2015E 12% Mature markets Emerging markets Demand growth Size of circles represents influenced capacity 2010 Asia Pacific excl India, Oceania, China 46.3 Mt Africa India Oceania Middle East 54.0 Mt 4.9 Mt 27.2 Mt 10% 8% 6% North America 23.2 Mt 4% 2% Latin America 36.6 Mt Western Europe 27.0 Mt 0% China 54.7 Mt Eastern Europe 23.9 Mt -2% -4% 3% 4% 5% 6% 7% 8% 9% 10% GDP per capita (at PPP) CAGR 2010 - 2015E Sources: Holcim, US Census Bureau, Datastream - Economist Intelligence Unit, March 2011 © Holcim Ltd 2011 Roadshow Mexico City 11% 12% August 23 - 24, 2011 Positioning – Holcim’s aggregates market portfolio Cumulated population Growth 2010 - 2015E 12% Mature markets Emerging markets Size of circles represents consolidated sales volumes 2010 10% Asia excl Oceania Oceania 3.2 Mt 23.2 Mt 8% 6% North America 39.2 Mt 4% Demand growth Africa Middle East 2.5 Mt Latin America 12.2 Mt 2% 0% Western Europe 69.3 Mt Eastern Europe 8.2 Mt -2% -4% 3% 4% 5% 6% 7% 8% 9% 10% GDP per capita (at PPP) CAGR 2010 - 2015E Sources: Holcim, US Census Bureau, Datastream - Economist Intelligence Unit, March 2011 © Holcim Ltd 2011 Roadshow Mexico City 11% 12% August 23 - 24, 2011 Our geographic portfolio captures the long term demand drivers Holcim sales split development 100% Population growth (2010 – 2050) Additional billion people (+40%) in emerging markets 75% 25% 0% 1999 2000 2001 2002 2003 2004 2005 2006 Emerging Markets 2007 2008 2009 2010 Mature Markets HY 2011 Holcim operating EBITDA split development 100% 75% Key drivers for continued growth 50% 50% 25% 0% 1999 2000 2001 2002 2003 2004 2005 Emerging Markets 2006 2007 Mature Markets 2008 2009 2010 HY 2011 No growth between 2010 and 2050 on average in mature markets Urbanization (2010 – 2050) Emerging markets: Urban population + 103% / Rural population -14% Mature markets: Urban population + 18% / Rural population -43% Refurbishment (2010 – 2050) Emerging markets: Infrastructure void and generally inadequate in many markets / modernization projects Mature markets: Huge need for major modernization / replacement projects Sources: United Nations (World Urbanization Prospects & World Population Prospects - 2010), Oxford Economics (2009) © Holcim Ltd 2011 Roadshow Mexico City August 23 - 24, 2011 The boost in demand will be strongly driven by the evolving middle class in the emerging markets… GDP development GDP / capita development 90'000 7'000 80'000 6'000 70'000 5'000 USD / capita USD bn 60'000 50'000 40'000 4'000 3'000 30'000 2'000 20'000 1'000 10'000 0 2010 Mature markets 2020E GDP / capita emerging markets Emerging markets 2010 2020E Between 2010 and 2020 China and India for example are expected to see the number of middle class households increase from around 150 million to over 300 million Sources: Oxford Economics, November 2009, The Economist, Pocket World in Figures, 2011, Euromonitor International, March 2010 GDP Development for Mexico: From USD 1’031 bn to USD 1’526 or +48.0% by 2020 GDP/capita development for Mexico: from USD 9’316 to USD 12’742 or +36.7%, CAGR +3.2% by 2020 © Holcim Ltd 2011 Roadshow Mexico City August 23 - 24, 2011 Global construction outlook still robust and promising Largest construction markets (global ranking) 2009 USA China Japan Germany Spain France Italy South Korea India UK Canada Brazil Australia Russia Indonesia Mexico 2010 2020E 10 11 12 13 14 15