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Titan S.A.

Transaction in Own Shares Nov 27, 2023

4014_dirs_2023-11-27_d47bb53a-a496-4fb1-a599-fb40d6db2f83.pdf

Transaction in Own Shares

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Share buyback programme

Brussels, 27 November 2023, 08:30 CET - Titan Cement International SA (the Company) (Euronext Brussels, ATHEX and Euronext Paris, TITC) announces that the Company purchased in total 16,370 shares of Titan Cement International SA on Euronext Brussels and the Athens Stock Exchange in the period from November 20, 2023, until November 24, 2023. The programme is implemented in compliance with the applicable buyback rules and regulations.

Date Number of
shares
Total amount
(Eur)
Average
price (Eur)
Lowest
price (Eur)
Highest
price (Eur)
Regulated
market
20/11/2023 1,200 22,948.22 19.1235 19.06 19.20 Euronext
20/11/2023 2,500 47,725.00 19.0900 19.02 19.14 ΑΤΗΕΧ
21/11/2023 1,200 22,822.02 19.0184 18.70 19.22 Euronext
21/11/2023 2,500 47,355.00 18.9420 18.68 19.16 ΑΤΗΕΧ
22/11/2023 1,200 22,920.40 19.1003 18.92 19.38 Euronext
22/11/2023 2,500 47,685.00 19.0740 18.96 19.32 ΑΤΗΕΧ
23/11/2023 1,460 28,313.14 19.3926 19.30 19.42 Euronext
23/11/2023 1,400 26,960.58 19.2576 19.18 19.36 ΑΤΗΕΧ
24/11/2023 1,010 19,430.86 19.2385 19.18 19.30 Euronext
24/11/2023 1,400 26,789.38 19.1353 19.06 19.20 ΑΤΗΕΧ
Total 16,370 312,949.60 19.1173

Following the above transactions, Titan Cement International SA announces that the share buy-back programme that initiated on March 1 st , 2023, has now been concluded. In the period from March 1 st, 2023, until November 24 th, 2023, TITAN Group acquired 594,493 shares for a total amount of €9,992,550. As of today, Titan Cement International SA owns (directly or indirectly through its subsidiary Titan Cement Company SA) 3,804,475 shares, representing 4.86% of the voting rights of the Company.

A new share buy-back programme of an amount of up to €20,000,000 and of a duration of up to nine months will start today, November 27st, 2023. The Company will keep the market informed of the progress of the relevant transactions in line with applicable rules and regulations.

  • ⎯ This press release may be consulted on the website of Titan Cement International SA via this link: https://ir.titan-cement.com/en/regulatory-stock-exchange-announcements
  • ⎯ For further information, please contact Investor Relations at +30 210 2591 257

About Titan Cement International SA

TITAN Group is a leading international business in the building and infrastructure materials industry, with passionate teams committed to providing innovative solutions for a better world. With most of its activity in the USA, the Group employs over 5,000 people and operates in more than 25 countries, holding prominent positions in the USA, Greece, the Balkans, and the Eastern Mediterranean. The Group also has a joint venture in Brazil. With a 120-year history, TITAN has always fostered a family- and entrepreneurial-oriented culture for its employees and works tirelessly with its customers to meet the modern needs of society while promoting sustainable growth with responsibility and integrity. TITAN has set a net-zero goal for 2050 and has its CO₂ reduction targets validated by the Science Based Targets initiative (SBTi). The company is listed on Euronext and the Athens Exchange. For more information, visit our website at www.titan-cement.com.

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