WELCOME MESSAGE

Dr. Florian Aldea President - General Manager HeidelbergCement Romania

Dear friends,

The year 2020 was unprecedented in recent history, a year that marked the beginning of the Covid-19 pandemic and thus faced us with the challenges arising from the health crisis. At the same time, however, 2020 taught us a lesson that we can apply long into the future and showed us that together we are more united and stronger. Throughout the year, our main concern has been the safety and health of our employees, suppliers and customers, therefore, from the onset of the pandemic in Romania, we acted quickly by introducing measures to prevent the spread of the virus, in line with the recommendations of the public health authorities. At the same time, we also focused on the areas most in need of support during this period: the health system, the education system, and vulnerable people in local communities. We supported the medical system by donating fully equipped medical

containers, intensive care beds and other equipment to help front-line staff. We have been in constant communication with representatives of local communities, particularly schools, to identify the most urgent needs they face and the supplies they need. Through the Edu2023 project,

we helped students in local communities around our cement plants by providing them with internet-connected tablets to continue the online educational process, and by providing them with protective masks and disinfectants. We have also supported people in need and contributed financially to volunteers’ efforts to ensure the home delivery of essential food packages for the elderly. This year has shown us, more than ever, that we need firm action and shared commitment to face any challenge, and I would like to take this opportunity to thank the more than 1,100 employees of the company for their hard work and understanding throughout this period. Although an atypical year that generated many challenges that no one could have anticipated, we nevertheless remained connected to our long-term mission: to contribute to the sustainable development of Romanian society through sustainable building materials. 2020 was also the year when we announced our new HeidelbergCement Group-wide strategy, Beyond 2020, which reinforces our commitment to sustainability and defines our financial, digital and environmental targets by 2025. At the same time, we have defined clear action plans, measures and priorities that will help us achieve these targets. As one of the world’s leading building materials manufacturers, we want to pioneer the transition to a more sustainable and equitable world. That is why we are committed to accelerating our progress in reducing CO2 emissions by undertaking ambitious short, medium and long term CO2 reduction targets, with the ultimate goal of carbon neutral concrete production by 2050. We are aware that sustainable development requires a healthy community, therefore we have continued to invest in projects to develop the areas in which we operate and have supported over 40 local projects that will generate long-term benefits and bring value to the people in local communities. We know that our long-term success depends on the sustainability of our business model, expressed through ethics, responsibility, environmental protection investment, care for our employees, and the active involvement of everyone around us: our neighbours, suppliers and business partners, our employees, and our customers. As we continue to evolve, we are committed to making a difference through innovation, best practices and adopting the highest standards in the industry. We firmly believe that we have the experience, skills, and strength to meet new challenges and help rebuild the future in a sustainable way. In the following pages you will find more about our economic, social, and environmental commitments, achievements and progress this year.

We want to pioneer the transition to a more sustainable and equitable world. That is why we are committed to accelerating our progress in reducing CO2 emissions by undertaking ambitious short, medium and long term CO2 reduction targets, with the ultimate goal of carbon neutral concrete production by 2050.