Titan S.A.

Major Shareholding Notification • May 27, 2022

PUBLICATION OF A TRANSPARENCY NOTIFICATION

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

Brussels, 27 May 2022, 08:30 CEST - Titan Cement International SA (Euronext Brussels, ATHEX and Euronext Paris, TITC) today announces that it has received the following transparency notification dated 25 May 2022, indicating that on May 20th 2022, FMR LLC crossed downwards the 10% threshold.

The notification dated contains the following information:

Reason for the notification	Acquisition or disposal of voting securities or voting rights
Notification by	A parent undertaking or a controlling person
Persons subject to the notification requirement	FMR LLC, the Corporation Trust Center, 1209 Orange Street, Wilmington, New Castle County, Delaware 19801, USA
Transaction date	20 May 2022
Threshold that is crossed	10%
Denominator	78,325,475
Chain of controlled undertakings through which the holding is effectively held	FIAM LLC and Fidelity Institutional Asset Management Trust Company are controlled by FIAM Holdings LLC.
	FIAM Holdings LLC and Fidelity Management & Research Company LLC are controlled by FMR LLC.
	FMR LLC is not a controlled undertaking.
Additional Information	The holdings attributed to the entities mentioned in heading 10 arise from holdings of various undertakings for collective investment that are managed by FIAM LLC, Fidelity Institutional Asset Management Trust Company, and Fidelity Management & Research Company LLC, each of which are entities that are subsidiaries of and controlled by FMR LLC. The entities mentioned in heading 10 are the discretionary investment managers and exercise the voting rights at their discretion in the absence of specific instructions.

Notified details:

Voting rights Previous transaction		After the transaction
	# of voting rights	# of voting rights		% of voting rights
Holders of voting rights		Linked to securities	Not linked to the securities	Linked to securities	Not linked to the securities
FMR LLC	0	0		0.00%
FIAM LLC	3,526	3,326		0.00%
Fidelity Institutional Asset Management Trust Company	1,125,400	1,069,100		1.36%
Fidelity Management & Research Co LLC	7,115,860	6,754,996		8.62%
Subtotal	8,244,786	7,827,422		9.99%
TOTAL		7,827,422	0	9.99%	0.00%

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.titancement.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.