LafargeHolcim

Shareholders Support All Proposals at 2021 Annual General Meeting - Seite 2

As the company transforms to become the global leader in innovative and sustainable building solutions, the Board of Directors recommended to simplify its Group name for efficiency and impact. Shareholders voted in favor of the proposed Group name change from LafargeHolcim Ltd to Holcim Ltd. This name change applies only to the Group company name with all market brands remaining in existence. The new Group name will become effective upon entry in the commercial register.

Shareholders also approved the move of the company’s registered office from Jona-Rapperswil to Zug, Switzerland, completing the company’s restructuring of its office locations.

Shareholders approved the annual report and annual financial statements of the Group and of LafargeHolcim Ltd. They also approved the compensation report in an advisory vote. In two separate binding votes shareholders approved the maximum overall amount of compensation to be paid to members of the Board for the period between the 2021 and 2022 Annual General Meetings. In addition, they approved the total maximum amount of compensation to be paid to members of the Executive Committee for the 2022 financial year.

The Board of Directors also reaffirmed its commitment to publish the company’s first climate transition report in 2022. It will follow the completion of the company’s work with the Science-based Targets initiative, consistent with LafargeHolcim’s rigorous approach to climate action. The climate transition report will be submitted to shareholders for a non-binding vote in 2022.

The shareholders granted discharge to the members of the Board and the persons entrusted with management during the financial year 2020.

Deloitte AG has been appointed as auditors for the financial year 2021.

The full results of the Annual General Meeting and speeches from the Chairman and CEO will be available as of today on www.lafargeholcim.com/agm.

ABOUT LAFARGEHOLCIM

As the world’s global leader in building solutions, LafargeHolcim is reinventing how the world builds to make it greener and smarter for all. On its way to becoming a net zero company, LafargeHolcim offers global solutions such as ECOPact, enabling carbon-neutral construction and Firestone roofing systems for higher energy-efficiency in buildings. With its circular business model, the company is a global leader in recycling waste as a source of energy and raw materials through products like Susteno, its leading circular cement. Innovation and digitalization are at the core of the company’s strategy, with more than half of its R&D projects dedicated to greener solutions. LafargeHolcim’s 70,000 employees are committed to improving quality of life across more than 70 markets through its four business segments: Cement, Ready-Mix Concrete, Aggregates and Solutions & Products. More information is available on www.lafargeholcim.com