Slide 1: Sustaining Profitable Growth
Sustaining Profitable Growth Presentation to Investors and Analysts for the 9 months ended September 2023 7 November 2023 1
Slide 2: Disclaimer
Disclaimer Unless otherwise indicated, the financial information provided herein has been prepared under International Financial Reporting Standards (IFRS). This presentation contains forward-looking statements and information. Forward-looking statements and information are statements that are not h
Slide 3: Quality cement you can trust
Quality cement you can trust © SOKOTO CEMENT BUA Weight 50 +1kg | CEMENT | MANUFACTURED BY Fey nro NESTE aus CEMENT eecroruanr’ | Weight 50 + 1kg 4 e Z ve = my ©) < ~ ina) PORTLAND -LINESTONE
Slide 4: Content
Content Our Company Philosophy 05 Company Overview 06 Performance Highlights 10 Strategic Priorities Highlights 15 Sustainability highlights 16 4
Slide 5: Our Philosophy
Our Philosophy Our Vision Our Mission Our Value Proposition To be a highly competitive To produce and market high We are a professional supplier of premium market leader in Nigeria quality cement for national brand cement and provide reliable delivery development to our customers with application tr
Slide 6: Company Overview
Company Overview Largest Cement producer 4 Modern lines N2.9 trillion Best Premium Quality in the North-West, South-South Operational across 2 States Market capitalisation as at Cement Brand and South East September 2023 11 1EHS led by United Nations SDGs N335.9 billion 8 8 8 (9M’2022: N262.6 billio
Slide 7: Flawless Execution, Disciplined Approach
Flawless Execution, Disciplined Approach Incorporation of CCNN; Commissioned its Listed on the Nigeria FGN divested its BUA International Obu Cement Scancem divested its commenced operation 0.5mmt (Line-2), with Line majority holding to Limited acquired Damnaz commenced Stock Exchange (NSE), majorit
Slide 8: Strategic Positioning, Increasing Market Presence
Strategic Positioning, Increasing Market Presence Sokoto Plant Sokoto State Line 2 0.5MMTPA Line 3 1.5MMTPA Line 4 3MMTPA Line 5 3MMTPA (Q1’2024) BUA Cement Plc Obu Plant Head Office Edo State Victoria Island, Lagos, Nigeria Line 1 3MMTPA Line 2 3MMTPA Line 3 3MMTPA (Q1’2024) 8
Slide 9: BUA Cement (Sokoto)
BUA Cement (Sokoto) Construction works on Sokoto line 5 9
Slide 10: Highlights from 9M'2023 – Volume Recovery Despite Economic Environment
Highlights from 9M’2023 – Volume Recovery Despite Economic Environment PERFORMANCE 1 SUSTAINABILITY 7 We are committed to minimizing the impact Business performance sustained by strong of our activities on people and the brand attributes, volume growth and price environment, engagement with stakehol
Slide 11: Balancing Rising Costs and Margin Preservation
Balancing Rising Costs and Margin Preservation 1 Revenue per ton (N’000) 2 EBITDA (N‘bn) 3 EBITDA Margin 68.5 138.9 43.8% 56.5 115 41.3% 9M'2023 9M'2022 9M'2023 9M'2022 9M'2023 9M'2022 • Revenue per ton increased by 21.4% to N68,540/ton from N56,468/ton, as at 9M’2023, as a result of price adjustmen
Slide 12: Price Adjustment & Volume Growth Sustains EBITDA Growth
Price Adjustment & Volume Growth Sustains EBITDA Growth (Δ;y/y) EBITDA (9M'2023) 138.9 SD&A (net) (5.8) (43.6) Cost of Sales Revenue 73.3 EBITDA (9M'2022) 115 -100 -50 0 50 100 150 N’billion • Revenue increased by 27.9% or N73.3 billion to N335.9 billion from N262.6 billion (9M’2022), from price inc
Slide 13: Inflationary Pressures and Continued Cost Containment
Inflationary Pressures and Continued Cost Containment Cost of sales Energy cost SD&A per ton (N‘000) per ton (N‘000) per ton (N‘000) 38.1 30.7 16.8 14 6.1 4.4 9M'2023 9M'2022 9M'2023 9M'2022 9M'2023 9M'2022 • Cost of sales per ton rose by 23.9% to N38,047/ton from N30,713/ton, as at 9M’2022. This wa
Slide 14: BUA Cement (Obu)
BUA Cement (Obu) Construction works on Obu line 3 14
Slide 15: Sustaining Profitable Growth – Strategic Priorities
Sustaining Profitable Growth – Strategic Priorities Sustaining Synergy New Markets Expansion Innovation Sustainability • Drive continued revenue and • Increase customer • Construction of lines 3 • Deploy solutions that • Transition from Heavy Fuel cost synergies across portfolio and capture new & 5
Slide 16: Sustainability - Impact Footprint
Sustainability - Impact Footprint “ Our social impact was enhanced with the launch of 49 projects across local communities, focusing on education (35%), health (33%), WASH1 (16%), infrastructure (12%) and Energy empowerment (4%). Furthermore, Greenhouse Gas Management we created 58 jobs, with 21% of
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Slide 18: Thank You
BUA Cement Plc RC 1193879 Thank You BUA Cement Plc 5th Floor, BUA Towers PC 32, Churchgate Street Victoria Island, Lagos, Nigeria Email: investor.relations@buacement.com 18