Preliminary consolidated results 2025

• Volumes: cement up (+3.1%) and aggregates up (+3.4%), ready-mix concrete down (‑4.8%)
• Revenue: EUR 1,639.6 million (‑2.8% vs. EUR 1,686.9 million in 2024); non‑GAAP Revenue: EUR 1,644.0 million (‑0.3% on 2024)
• EBITDA: EUR 439.5 million (+7.9% vs. EUR 407.3 million in 2024)
• Non‑GAAP EBITDA: EUR 460.2 million (+15.3% vs. EUR 399.3 million in 2024); excluding non‑recurring items, EBITDA stood at EUR 408.2 million, up 1.1% on 2024
• Profit before taxes: EUR 286.3 million (+0.5% vs. EUR 284.9 million in 2024); non‑GAAP Profit before taxes amounted to EUR 325.0 million (+10.1% on 2024)
• Net cash: EUR 465.1 million (EUR 290.4 million at 31 December 2024)

2026 Guidance

• Revenue: around EUR 1.7 billion
• EBITDA: between EUR 400 and 420 million
• Net cash at year‑end: around EUR 590 million

Economic and Financial Targets for 2028

• Revenue: around EUR 1.95 billion
• EBITDA: around EUR 460 million
• Net cash: around EUR 800 million, including dividends, with a payout ratio between 20% and 25%
• Cumulative capex 2026–2028: EUR 386 million, of which EUR 77 million for sustainability projects

Rome, 12 February 2026 – The Board of Directors of Cementir Holding N.V. today examined the preliminary unaudited consolidated results as at 31 December 2025.
Please note that the complete, definitive results for 2025 are currently being reviewed by the external auditor and will be examined and approved by the Board of Directors at its meeting scheduled on 11th of March.
Also note that as of April 2022, the Turkish economy is considered hyperinflationary according to the criteria set out in “IAS 29-Financial Reporting in Hyperinflationary Economies”.