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HOLCIM TO EXIT THE RUSSIAN MARKET




EQS Group
Mar. 29, 2022, 05:00 AM










Holcim Group Services Ltd / Key word(s): Miscellaneous
Holcim to exit the Russian market

29.03.2022 / 11:00



--------------------------------------------------------------------------------

The Holcim Board of Directors has decided to initiate the process to exit the
Russian market in line with the company's values to operate in the most
responsible manner. This decision to divest the Russian business follows
Holcim's previous announcement to suspend all capital investments in the market.

The Board expresses its heartfelt concern about the tragic human suffering
unfolding across the region and is fully committed to supporting affected
people, families and communities.

The Board thanks all Holcim colleagues who are mobilizing around the world
alongside local NGOs to provide shelter, essential goods and medical supplies,
as well as volunteering their time.

About Holcim
Holcim builds progress for people and the planet. As a global leader in
innovative and sustainable building solutions, Holcim is enabling greener
cities, smarter infrastructure and improving living standards around the world.
With sustainability at the core of its strategy Holcim is becoming a net zero
company, with its people and communities at the heart of its success. The
company is driving circular construction as a world leader in recycling to build
more with less. Holcim is the company behind some of the world's most trusted
brands in the building sector including ACC, Aggregate Industries, Ambuja
Cement, Disensa, Firestone Building Products, Geocycle, Holcim, Lafarge and
Malarkey Roofing Products. Holcim is 70,000 people around the world who are
passionate about building progress for people and the planet through four
business segments: Cement, Ready-Mix Concrete, Aggregates and Solutions &
Products.






Learn more about Holcim on www.holcim.com, and by following us on LinkedIn and
Twitter.

Important disclaimer - forward-looking statements:
This document contains forward-looking statements. Such forward-looking
statements do not constitute forecasts regarding results or any other
performance indicator, but rather trends or targets, as the case may be,
including with respect to plans, initiatives, events, products, solutions and
services, their development and potential. Although Holcim believes that the
expectations reflected in such forward-looking statements are based on
reasonable assumptions as at the time of publishing this document, investors are
cautioned that these statements are not guarantees of future performance. Actual
results may differ materially from the forward-looking statements as a result of
a number of risks and uncertainties, many of which are difficult to predict and
generally beyond the control of Holcim, including but not limited to the risks
described in the Holcim's annual report available on its website
(www.holcim.com) and uncertainties related to the market conditions and the
implementation of our plans. Accordingly, we caution you against relying on
forward-looking statements. Holcim does not undertake to provide updates of
these forward-looking statements.


--------------------------------------------------------------------------------

End of Media Release


--------------------------------------------------------------------------------

1314459  29.03.2022 






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176.18 -1.59 -0.89 03/31/2022 01:13:41 PM MSFT 310.93 -2.93 -0.93 03/31/2022
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