The Cyprus Cement Public Company LTD

Pre-Annual General Meeting Information • Apr 20, 2022

THE CYPRUS CEMENT PUBLIC COMPANY LIMITED

Postal Address: P.O.Box 50378, CY-3603 Limassol, Cyprus

NOTICE OF AN EXTRAORDINARY GENERAL MEETING

Notice is hereby given that an Extraordinary General Meeting of the shareholders of the company will be held at the Company's registered office at Gala Tower, 197 Makarios III Avenue, in CY-3030 Limassol, on Wednesday 18th May 2022 at 11:00 a.m. for the purpose of considering and, if thought fit, passing the following Special Resolution:

«SPECIAL RESOLUTION

• (a) That the share premium account of the Company which has been established pursuant to Section 55 Company Law, Chapter 113, be reduced and same is hereby reduced from EUR 910.102,64 to EUR 0 (zero) by the return of cash to the shareholders the amount of EUR 910.102,64.
• (b) That the authorised share capital of the Company which amounts to EUR 86.000.000 divided into 200.000.000 ordinary shares with a nominal value of EUR 0,43 cent each, be reduced and same is hereby reduced to EUR 74.000.000 divided into 200.000.000 ordinary shares with a nominal value of EUR 0,37 cent each.

That the issued share capital of the Company which amounts to EUR 59.172.679,69 divided into 137.610.883 ordinary shares with a nominal value of EUR 0,43 cent each, be reduced and same is hereby reduced from EUR 59.172.679,69 to EUR 50.916.026,71 by the reduction of the nominal value of the shares of the Company from EUR 0,43 cent each to EUR 0,37 cent each by the return of cash to the shareholders of the amount of EUR 8.256.652,98, which corresponds to EUR 0,06 cent per share.»

By order of the Board,

C.C.C. Secretarial Ltd Secretary

Limassol, 20th April 2022

Notes to the Notice of the Extraordinary General Meeting

1. Any person appearing as a shareholder in the Register of Members of the Company on the record date is entitled to participate and vote at the Extraordinary General Meeting. The record date for determining the right to participate and vote at the Extraordinary General Meeting is 13th May 2022. Based on this date, transactions which will be taking place on 16th May 2022 and thereafter will not be considered in determining the right to vote at Extraordinary General Meeting.

Shareholders who will attend the Extraordinary General Meeting are requested to present an Identity Card or any other proof of Identification.

1. Any member entitled to attend and vote at the Extraordinary General Meeting is entitled to appoint a proxy to attend and vote on his behalf and such proxy need not be a member of the Company. The instrument appointing a proxy must be deposited at the Company's registered office, 197 Makarios III Avenue, Gala Tower, 3030 Limassol, not less than 48 hours before the time fixed for holding the Meeting.

In case of companies, an official stamp and the signature of an authorised person is necessary. In case of several joint shareholders, an Instrument of Proxy can be given only by the shareholder whose name appears first in the Members' Register.

1. The notice to the Extraordinary General Meeting and the instrument appointing a proxy will be available in electronic form on the website of the Group www.galatariotisgroup.com (Investor Relations/Announcements) and in hard copy at the Company's office, 197 Makarios III Avenue, Gala Tower, 3030 Limassol.

THE CYPRUS CEMENT PUBLIC COMPANY LIMITED

Postal Address: P.O.Box 50378, CY-3603 Limassol, Cyprus

Instrument of Appointment of Proxy

I/We	________ of _______
	being member/members of The Cyprus Cement Public Company Ltd (the «Company»), hereby appoint
	___________ holder of Identity Card/Passport with number
	_________ as my/our proxy to vote for me/us and on my/our behalf at the
	Extraordinary General Meeting of the Company, to be held on 18th May 2022 and at 11.00 a.m. and at any
	adjournment thereof.

My proxy is instructed to vote:

For Special Resolution – Against Special Resolution – At Will (delete what is NOT applicable)

Date: ________________________ Signature: ________________________