Titan S.A.

Major Shareholding Notification • Jun 29, 2021

Regulatory Information

PUBLICATION OF A TRANSPARENCY NOTIFICATION

(Article 14, first paragraph, of the Law of 2 May 2007 on disclosure of major holdings)

Brussels, 29 June 2021, 17:45 CEST - Titan Cement International SA (Euronext Brussels, ATHEX and Euronext Paris, TITC) today announces that it has received the following transparency notification dated 28 June 2021, indicating that on 25 June 2021, Mr Leonidas Kanellopoulos, together with Trust Neptune acting as his intermediary, have crossed the 10% threshold upwards. No threshold was crossed as a result of this transaction by the persons acting in concert, as their aggregate shareholdings currently stand at 37.03%.

The notification dated 28 June 2021, contains the following information:

Reason for the notification	Acquisition or disposal of voting securities or voting rights
Notification by	Persons acting in concert
Persons subject to the notification requirement	 Trust Neptune, as an intermediary of Leonidas Kanellopoulos;  Leonidas Kanellopoulos;  Andreas Canellopoulos;  Several natural persons;  E.D.Y.V.E.M. public company Ltd, Andrea Zakou 12 & Michail Paridi, MC Building, 2404 Egkomi, Nicosia, Cyprus (on behalf of the persons acting in concert).
Transaction date	25 June 2021
Threshold that is crossed	10%
Denominator	78,325,475
Chain of controlled undertakings through which the holding is effectively held	E.D.Y.V.E.M public company LTD is not a controlled entity in the meaning of articles 1:14 - 1:18 of the Belgian Companies and Associations Code. The trustee of Trust Neptune acts as an intermediary pursuant to article 1:16§2 of the BCCA for Mr Leonidas Kanellopoulos (Mr Andreas Canellopoulos' son) who is the sole primary beneficiary of Trust Neptune.
Additional Information	Mr Andreas Canellopoulos is the settlor of Trust Neptune and has transferred part of his voting securities to Trust Neptune by way of a gift. The trustee of Trust Neptune acts as an intermediary pursuant to article 1:16§2 of the BCCA for Mr Leonidas Kanellopoulos (Mr Andreas Canellopoulos' son) who is the sole primary beneficiary of Trust Neptune. As a consequence Mr Leonidas Kanellopoulos, together with Trust

Neptune acting as his intermediary, have crossed the 10%
threshold upwards to 11.10%.

Notified details:

A) Voting rights	Previous notification	After the transaction
	# of voting rights	# of voting rights	% of voting rights
Holders of voting rights		Linked to securities	Linked to securities
Trust Neptune, as intermediary of Leonidas Kanellopoulos	4,000,000	6,671,986	8.52%
Leonidas Kanellopoulos	2,025,827	2,025,827	2.59%
Subtotal	6,025,827	8,697,813	11.10%
Andreas Canellopoulos	2,725,570	53,584	0.07%
[Natural person]	763,281	763,281	0.97%
[Natural person]	654,601	654,601	0.84%
[Natural person]	330,032	330,032	0.42%
Dimitrios Papalexopoulos	2,439,085	2,439,085	3.11%
[Natural person]	1,247,863	1,247,863	1.59%
Alexandra Papalexopoulou	2,498,271	2,498,271	3.19%
E.D.Y.V.E.M public company Ltd	12,319,862	12,319,862	15.73%
TOTAL		29,004,392	37.03%

• This press release may be consulted on the website of Titan Cement International SA via this link: https://ir.titancement.com/en/regulatory-stock-exchange-announcements

• The notification may be consulted on the website of Titan Cement International SA via this link https://ir.titan-cement.com/en/shareholder-center/shareholder-structure

• For further information, please contact Investor Relations at +30 210 2591 257

About Titan Cement International SA

Titan Cement International, parent company of TITAN Group, is a multiregional cement and building materials producer. Business activities cover the production, transportation and distribution of cement, concrete, aggregates, fly ash, mortars and other building materials. The Group employs about 5,500 people and is present in more than 15 countries, operating cement plants in 10 of them, the USA, Greece, Albania, Bulgaria, North Macedonia, Kosovo, Serbia, Egypt, Turkey and Brazil. Throughout its history, the Group has aspired to serve the needs of society, while contributing to sustainable growth with responsibility and integrity.