Semapa

M&A Activity • Dec 19, 2025

ANNOUNCEMENT SALE OF SECIL

Semapa - Sociedade de Investimento e Gestão, SGPS, S.A. ("Semapa") announces that today it signed a binding agreement for the sale of its entire share capital in Secil - Companhia Geral de Cal e Cimento, S.A. ("Secil") to Cementos Molins S.A. ("Molins"). The agreed transaction value represents an Enterprise Value of €1.4 billion (one billion four hundred million euros).

The closing of this transaction is expected to occur in the first quarter of 2026 and is subject to the usual conditions for this type of operation.

Lisbon, 19 December 2025

The Board of Directors,