�鶹��ý successfully launches first sustainability-linked bond for EUR 850 million

• Commitment to reach the 2030 CO2 reduction target reaffirmed
• First bond of its kind in the building materials industry
• Order book of EUR 2.6 billion

�鶹��ý today priced a EUR 850 million sustainability-linked bond with a coupon of 0.5 maturing in 2031. With this first bond of its kind in the building materials industry, the company is confirming its sustainability leadership in the sector.

Géraldine Picaud, Chief Financial Officer: “We are proud to be the first in our industry to launch a sustainability-linked bond. The order book of EUR 2.6 billion demonstrates the confidence of investors in the company’s financial strength, strategy and ability to deliver on its sustainability targets.”

Magali Anderson, Chief Sustainability Officer: “This announcement demonstrates the company’s commitment to reach the most ambitious CO2 reduction target of the industry for 2030. Today’s bond issuance brings our ESG related funding agreements to CHF 6 billion”.

Bond investors will be entitled to a higher coupon should the company not meet its objective, incentivizing �鶹��ý to reach its target of 475 kg net CO2 per ton of cementitious material by 2030. �鶹��ý reports on its performance against this key objective in its Sustainability Report which includes a limited assurance report by an external verifier.

ISS ESG, a leading ESG consultancy organization, gave a second-party opinion validating the robustness and relevance of the company’s CO2 reduction target in the context of this bond. ISS ESG’s experts confirmed the alignment of �鶹��ý’s Sustainability-Linked Financing Framework with the Sustainability-Linked Bond Principles, which are published by the International Capital Markets Association (ICMA).

�鶹��ý is rated by ISS ESG #4 out of 95 companies in the same sector (C+, Prime), qualifying its bonds as responsible investment, and #1 out of 115 companies in the construction materials industry by Sustainalytics.

About �鶹��ý
�鶹��ý builds progress for people and the planet. As a global leader in innovative and sustainable building solutions, �鶹��ý is enabling greener cities, smarter infrastructure and improving living standards around the world. With sustainability at the core of its strategy �鶹��ý is becoming a net zero company, with its people and communities at the heart of its success. The company is driving the circular economy as a world leader in recycling to build more with less. �鶹��ý is the company behind some of the world’s most trusted brands in the building sector including ACC, Aggregate Industries, Ambuja Cement, Disensa, Firestone Building Products, Geocycle, �鶹��ý and Lafarge. �鶹��ý is 70,000 people around the world who are passionate about building progress for people and the planet through four business segments: Cement, Ready-Mix Concrete, Aggregates and Solutions & Products.

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