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28 MARCH 2023

Roland van Wijnen | CEO

AGENDA

01 Introduction

02

Group review

03

Looking forward

2

Introduction

History of over 130 years

2001 - 2017

LOOKING

FORWARD

2020-2022

1910

1892

2018-2020

3

Introduction

Purpose led and performance driven

PPC's purpose is to empower people to experience a better quality of life

Capital provided

Purpose and corporate social

responsibility

Customer People Process excellence

Financial

performance

Governance and compliance

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Introduction

Key considerations

Legacy issues behind us

  • Deleveraging substantially complete
  • Southern Africa focus
  • Legacy issues in DRC resolved - no further claims or recourse
  • Significantly improved governance

Volume versus price challenges in SA continue

  • Price increase lower than required, but still implemented
  • PPC's goal is to maintain rather than grow SA cement market share
  • Margin pressure as input cost inflation remains high
  • SA government role not positive yet - spend, import tariffs, SOE performance

Capital allocation and returns

  • Returns on SA investments not fully optimised at current margins
  • Sound cash flow outside South Africa repatriated consistently
  • No funding required for Rwanda and Zimbabwe from South Africa
  • All decarbonisation projects are value accretive

Culture and team

  • Depth in the teams across all jurisdictions
  • Performance driven culture

South Africa Cash Allocation

Cash used for

Sound balance sheet shifts

deleveraging to distributions

deleveraging

to shareholders*

2019 - 2022

2023 - 2025

Capex

Debt repayment

Shareholder returns

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Disclaimer

PPC Ltd. published this content on 28 March 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 April 2023 22:45:02 UTC.