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Corporate Presentation Disclaimer and Forward Looking Statement Corporate Presentation Disclaimer and Forward Looking Statement This presentation may contain forward-looking statements within the meaning of federal securities law that are subject to risks and uncertainties. These statements are only predictions based upon our current expectations and projections about possible or assumed future results of our business, financial condition, results of operations, liquidity, plans and objectives. In some cases, you can identify forward-looking statements by terminology such as “believe,” “may,” “estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,” “expect,” “predict,” “potential,” “seek,” “forecast,” or the negative of these terms or other similar expressions. The forward-looking statements are based on the information currently available to us. There are important factors that could cause our actual results, level of activity, performance or achievements to differ materially from the results, level of activity, performance or achievements expressed or implied by the forward-looking statements, including, among others things: changes in general economic, political, governmental and business conditions globally and in Argentina, changes in inflation rates, fluctuations in the exchange rate of the peso, the level of construction generally, changes in cement demand and prices, changes in raw material and energy prices, changes in business strategy and various other factors. You should not rely upon forward-looking statements as predictions of future events. Although we believe in good faith that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee that future results, levels of activity, performance and events and circumstances reflected in the forward-looking statements will be achieved or will occur. Any or all of Loma Negra’s forward-looking statements in this release may turn out to be wrong. You should consider these forward-looking statements in light of other factors discussed under the heading “Risk Factors” in Company’s Annual Report on Form 20-F, as well as periodic filings made on Form 6-K, which are filed with or furnished to the United States Securities and Exchange Commission. Except as required by law, we undertake no obligation to update publicly any forward-looking statements for any reason after the date of this release to conform these statements to actual results or to changes in our expectations. The Company presented some figures converted from Argentine pesos to U.S. dollars for comparison purposes. The exchange rate used to convert Pesos to U.S. dollars was the reference exchange rate (Communication “A” 3500) reported by the Central Bank for U.S. dollars. The information presented in U.S. dollars is for the convenience of the reader only. Certain figures included in this report have been subject to rounding adjustments. Accordingly, figures shown as totals in certain tables may not be arithmetic aggregations of the figures presented in previous quarters. Note: Loma Negra’s financial information has been prepared in accordance with the Argentine Securities Commission (Comisión Nacional de Valores-CNV) and with International Financial Reporting Standards. Following the categorization of Argentina as a country with a three-year cumulative inflation rate greater than 100%, the country is considered highly inflationary in accordance with IFRS. Consequently, starting July 1, 2018, the Company is reporting results applying IFRS rule IAS 29. IAS 29 requires that results of operations in hyperinflationary economies are reported as if these economies were highly inflationary as of January 1, 2018, and thus year-to-date, together with comparable results, should be restated adjusting for the change in general purchasing power of the local currency, using official indices. For comparison purposes and a better understanding of our underlying performance, in addition to presenting ‘As Reported’ results, we are also disclosing selected figures as previously reported excluding rule IAS 29. Additional information in connection with the application of rule IAS 29 can be found in our earnings report. Loma Negra at a Glance Business Overview Geographic Footprint & Ownership Structure #1 cement Company in Argentina with 44% market share (1) Argentina InterCement Participações Operates in 4-player landscape in Argentina, low cement per • • • capita consumption and high-growth potential InterCement Trading Free float e Inversiones S.A (3) Over 90-years of successful track record 48.43% 51.04% ▪ Strong brand recognition through superior quality and nationwide presence (4) Strategically located and vertically-integrated cement, concrete 100.00% 80.00% and aggregate facilities ▪ Limestone reserves to support our operations for +150 years(2) Integrated Plant Blending/Distribution Aggregates ▪ Manages railway transportation concession to support Grinding Mill Warehouse Concrete network (1) Argentina market shares according to AFCP and management estimates, respectively. (3) Based on a Schedule 13G filed on February 14, 2020.100% of InterCement Trading e Inversiones S.A (2) According to 2019 production levels and Company reserves estimates (4) Indirect ownership (through COFESUR S.A.) 3 Key Milestones Yguazú plant started Divestment in to operate Invested in mill and Paraguay Catamarca, L’Amalí and bagging facility in Inauguration of Olavarría clinker multi- Catamarca plant Inauguration of Technical Assistance fuel usage upgrade Integrated into LOMA IPO (NYSE, ´ nd Center in Buenos Aires LomaSer starts to L Amalí 2 line Cimpor BYMA) operate Acquired La L’Amalí and 2021 Acquired concrete Preferida (started LomaSer capacity LOMA acquired by operations in the 2020 operations in the expanded 2017 InterCement Group aggregates Province of Buenos Aires 2013 and the city of Rosario business) 2012 L’Amalí starts to 2011 operate Ramallo started 2010 operations 2009 Acquired Cemento 2007 San Martin and Recycomb created Ferrosur 2005 started Roca Founded Yguazú 2001 operations 2000 1999 Alfredo Fortabat founded 1998 Loma Negra 1997 1992 1926 5 Cement Market Leader in Argentina Key factors in the Argentine market… …Where We Are the Leading Player… Cement Facilities ✓Prevailing bag-format sales due to strong retail ✓Demand supplied Market Share by Player (%; 2Q20 Cement Sales)(1) NE demand by local production NW Bulk Bags 63% 63% 64% 60% 58% 58% 56% 71% 44% 56% Central 42% 44% 37% 37% 36% 40% 42% 29% Cuyo 2014 2015 2016 2017 2018 2019 2Q19 2Q20 Buenos Aires …In Key Cement Consumption Centers… …through different sales channels… Sales by Customer Sector Accumulated Industry Sales in Argentina by Region (%; 6M20) (Tn; 6M20) 92% 100% Construction 82% & Other Patagonia 72% Industrials 58% 34% Concrete Distributors Producers Cement Facilities BsAs Central NW NE Patagonia Cuyo + 1,100 Customers Sole player with nationwide reach and proximity to major consumer centers Source: Holcim, Cement Molins, PCR public filings and AFCP (1) Information for Holcim and PCR according to public filings. Cementos Avellaneda’s share calculated as the difference between the industry as a whole and the sum of Loma Negra, Holcim and PCR Productive Footprint Facilities Locations and Nationwide Distribution Coverage Cement Capacity Operations Plant type Ref. Facility Region Footprint Enhancement (MMtn) Start ) 1 L’Amalí 2.2 Buenos Aires 2001 Capacity Expansion 3 3 Olavarría 1.6 Buenos Aires 1929 8 2 Catamarca 2.2 NW 1980 Integrated Integrated Quarry+Kiln+Grinding 4 Zapala 0.4 Patagonia 1970 7 ( 5 1 2 Blending 5 LomaSer 2.2(1) Buenos Aires 2000 Cement Facility 9 6 Grinding Facility 4 6 Barker 1.3 Buenos Aires 1956 Facility Reconversion – 2Q19 Hibernated Facility Grinding 7 Ramallo 0.5 Buenos Aires 1998 Distribution Center 8 San Juan 0.2 Cuyo 1963 Blending & Distribution Facility Facility Reconversion - 3Q19 Ferrosur’s Railway Hibernated 9 Sierras Bayas - Buenos Aires 1919 Facility Reconversion – 4Q19 Cement Facilities Coverage Area Operating limestone reserves (Proved and Probable) of ~1.2bi Tn to supply LOMA for +150 years Limestone deposits close to production facilities (1) Blending and dispatch capacity 6 L´Amalí expansion project Once the expansion is completed, L`Amalí will become the largest cement plant in Argentina and one of the largest in Latin America The plant is located close to the country’s 1 main urban areas L’Amalí outline had been already planned for an expansion, reducing execution 2 complexity Required production inputs already in-place 3 with enough capacity to sustain new demand, such as electric power and natural gas Operational cost efficiency gains and 4 proximity to our largest limestone reserves Sinoma’s contract guarantees thermal 5 consumption 18% lower than 2016 average for Loma Negra 6 Optimization of maintenance plan IR Contact Marcos I. Gradin Chief Financial Officer and Investor Relations Gaston Pinnel Investor Relations Manager +54-11-4319-3050 [email protected].
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