Tuesday, June 6Welcome

GCC announces senior leadership changes

Chihuahua, Mexico, November 1, 2022 (GLOBE NEWSWIRE) — GCC, SAB de CV (BMV: GCC* or “we”), is a leading producer of cement and concrete in the U.S. and Mexico and announces leadership changes that represent significant steps to achieve its 2025 vision and strengthen sustainable growth in the GCC, including: Did.

Luis Carlos Arias The former Chief Financial Officer of GCC is now a Project Director. Luis Carlos will be responsible for planning and executing one of the largest growth projects in GCC’s history, the expansion of the Odessa plant and expansion of the distribution network.

Mike Strecker Appointed Chief Financial Planning Officer. He joined his GCC as Chief Planning Officer in 2020 and has 22 years of industry experience, ranging from M&A and business development to product line management, operations, sales and marketing at a global cement and building materials company. I have experience.

Cesar Conde Promoted to General Counsel. He joined his GCC in 2006 and has held several positions in the legal department. Cesar holds his LL.M in American and Comparative Law. He is from the University of Denver, Colorado.

Changes are effective as of the date of this release.

Enrique Escalante, CEO of GCC, said:

This document is submitted in accordance with Article 50 of the Circular Única de Emisoras of Mexico.

About GCC

GCC is a leading supplier and producer of cement, concrete, aggregates and construction-related services in the United States, Mexico and Canada, with an annual cement capacity of 5.8 million tons. Founded in 1941, the company’s shares are listed on the Mexican Stock Exchange under the ticker symbol GCC*.

Forward-Looking Statements

This press release may contain forward-looking statements. All statements that are not expressly historical in nature are forward-looking and do not use the words “anticipate”, “believe”, “expect”, “estimate”, “intend”, “project” and similar. expressions are generally intended to identify the future. The statement you are looking for. These statements are subject to risks and uncertainties including, among others, macroeconomic, political, legal, public health crises including COVID-19, and changes in governmental or business conditions in the markets in which the GCC operates. Fluctuations in interest rates, inflation and exchange rates. performance of the construction industry; pricing, business strategy and other factors; If one or more of these risks or uncertainties were to materialize, or the underlying assumptions to prove incorrect, the actual results would differ from the beliefs, projections and estimates expressed herein. can vary greatly. GCC does not undertake any obligation to update the information contained in this press release.

For more information, please contact:

GCC Investor Relations

Ohgushi Sahori

+52 (614) 442 3176

+1 (303) 739 5943


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