PPT of 2026 First Quarter Results Presentation

1Q2G Results Summary

Turnover

-9.9% (YoY)

Gross Profit

-37.3% (YoY)

Gross Margin

-5.0 ppt (YoY)

Loss Attributable to

Owners of the Company

Positive to Negative (YoY)

Finance Costs

-18.8% (YoY)

Gearing Ratio

+2.1 ppt (YoY)

1

Contents

01

Industry Overview

Analysis of market dynamics, competitive landscape, and macro trends to gain insights into industry opportunities and challenges.

02

Financial Highlights

Comprehensive core financial indicator review, profit and cash-flow analysis and operating performance and risks assessment.

Cement Production: National & Regional National Cement Production (million tons)

1,825

1,693

324

301

2024

2025

1Q25

1Q26

2025 YoY

-7. 2%

1Q2G YoY

-7. 1%

Production of Operating Regions (million tons)

2025 1Q2G

122

89

82

68

54

50

34

24

20

14

21

10

3

11

14

3

3

Cement Supply: New Clinker Capacity National New Clinker Capacity (million tons)

39.4

36.0 34.2

24.9

20.5 20.4

23.7

10.4

7.4

2017 2018 2019 2020 2021 2022 2023 2024 2025

Guangdong & Guangx i Capacity (million tons)

Guangdong Guangxi

13.4

7.8

8.7

6.6

3.1 4.7

5.6

13.4 4.9

2.8

4.7

4.7

3.1

3.3 1.4

1.

6

2.8

3.1

1.9

1.6 1.4

0.0

2017 2018 2019 2020 2021 2022 2023 2024 2025

4

Contents

01

Industry Overview

Analysis of market dynamics, competitive landscape, and macro trends to gain insights into industry opportunities and challenges.

02

Financial Highlights

Comprehensive core financial indicator review, profit and cash-flow analysis and operating performance and risks assessment.

Financial Performance: Key Indicators

Turnover (RMB million)

23,038

21,055

▼ 8. G%

▼ 9. 9%

4,627

4,169

2024

2025

1Q25

1Q26

Profit Attributable to Owners of the Company (RMB million)

479

211

▲ 127. 3%

107

-188

2024

2025

1Q25

1Q26

Earnings per Share (RMB)

▲ 130. 0%

0.069

0.030

0.015

-0.027

2024

2025

1Q25

1Q26

Net Assets per Share (RMB)

▲ 0. 8%

▲ 0. 2%

6.32

6.37

6.34

6.35

2024

2025

1Q25

1Q26

G

Dividend Payout (2017-2025)

0.548

0.595

0.615

0.520

0.270

0.129

0.047

0.030

0.038

2017

2018

2019

2020

2021

2022

2023

2024

2025

7

Turnover

1Q2G Turnover Breakdown

（%）

Aggregates

Others

4.1%

12.5%

Cement Products

22.G%

Concrete

G0.8%

Turnover by Product (RMB million)

8

Sales Volume Cement Products ('000 tons) 1Q2G Sales Volume 11, 737

YoY (1Q25: 11,328)

+3. G%

Concrete ('000 m3)

1Q2G Sales Volume

3, 70G

YoY (1Q25: 3,135)

+18. 2%

Aggregates ('000 tons) 1Q2G Sales Volume 1G, 943

YoY (1Q25: 15,982)

+G. 0%

Sales Volume by Quarter (2025 vs 202G)

2025

202G

15,994

13,981

14,118

11,737

11,328

1Q

2Q

3Q

4Q

3,70G

4,943

3,742

3,587

3,135

1Q

2Q

3Q

4Q

1G,943

27,003

15,982

20,354

22,257

1Q

2Q

3Q

4Q

Cement Products Concrete

Aggregates

9

Average Selling Price ASP by Quarter (2025 vs 202G)

2025

202G

252

243

205

220

21G

1Q

2Q

3Q

4Q

301

254

304

284

2G0

1Q

2Q

3Q

4Q

37

32

32

3G

31

1Q

2Q

3Q

4Q

Cement Products Concrete

Aggregates

10

Cost Structure of Cement Products Unit Cost (RMB/ton)

2024 Cost 208

2025 Cost 192

YoY：-8. 0%

Average Coal Purchase Price (RMB/ton)

2024 Price 802

2025 Price G70

YoY：-1G. 5%

Unit Cost Breakdown (2024 vs 2025) 2025 Unit Cost Breakdown (%)

Raw

Materials 18. 9%

Coal

3G. 3%

Others

31. 2%

Electrici ty

13. G%

Notes:

1. Exclusive of sales from related parties;

2. Others: Staff, transportation, depreciation, repairs and maintenance costs and other indirect costs 11

accounting for 8.2%, 4.2%, 10.9%, 4.2% and 3.7% respectively of total unit cost.

Gross Profit & Margin Product Gross Profit and Gross Margin (2025 vs 202G)

202G Gross Profit by Quarter 202G Gross Margin by Quarter

Cement Products

Concrete

12%

12%

1Q

2Q

3Q

4Q

Cement Products

Concrete

30

2G

1Q

2Q

3Q

4Q

12

SGA Ex penses & Finance Costs

YoY

▼ G.8%

YoY

▲ 10.1%

Selling, General & Administrative

Ex penses (RMB million)

3,055

425

2,848

421

2,630

2,427

552

G08

460 503

92

105

2024

2025

1Q25

1Q2G

Selling & Distribution Expenses General & Administrative Expenses

YoY

▼ 1G.7%

YoY

▼ 18.8%

Finance Costs (RMB million)

536

447

116

94

2024

2025

1Q25

1Q2G

13

Associates & JVs

Share of Results of Associates (RMB million)

Share of results of Joint Ventures

(RMB million)

Key Insights

• Losses from associates expanded: losses increased from RMB4G million in 1Q25 to RMB94 million in 1Q2G, mainly due to increased losses from Inner Mongolia and Yunnan.

• JV performance slightly declined: contribution decreased by RMB2 million to RMB10 million.

14

Financial Position

Cash and Bank

Balances

(RMB million)

31 Dec 2025

2,401.7

31 Mar 202G

2, 310. 9

▼ 3.8%

Total Assets

(RMB million)

31 Dec 2025

70,393.5

31 Mar 202G

G9, 972. 7

▼ 0.G%

Gearing Ratio

(%)

31 Dec 2025

30.7%

31 Mar 202G

32. 8%

▲ 2.1 ppt

Net Assets per Share

(RMB)

31 Dec 2025 G.37

31 Mar 202G

G. 35

▼ 0.3%

Notes:

1. Gearing ratio is calculated by dividing the total bank borrowing, loans from related parties and medium-term notes by equity attributable to owners of the Company.

2. Net assets per share is calculated by dividing equity attributable to owners of the Company by the number of 15 issued shares at the end of the period.

Cash Flow

1G

Key Insights

The Company maintained healthy cash flow from operating activities, with a significant decrease in outflows from investing activities (+53.5%), indicating capital expenditure optimization. Cash reserves increased to RMB2.4 billion at the

end of the year, providing ample liquidity to support future strategic development.

Capital Ex penditure

2019

Actual

202G

2025

2024

2023

2022

2021

2020

Expected

3, 24G

1, 831

3, 025

5, 209

4, 438

2, 825

10, 737

10, 434

17

Free Cash Flow (RMB million)

2022

2023

2024

2025

1, G74

821

-1, 291

-8, 070

Notes:

Free cash flow is calculated by operating cash flow minus capital expenditure.

18

Debt Structure

(RMB million)

Net Gearing Ratio Gearing Ratio

33.5% 3G.9% 34.G% 30.7% 32.8%

18.9% 19.0%

13.8%

28.0% 30.0% 28.4%

191 194

24.1% 2G.4%

-12.2% -13.G%

4,100 2,777

5.3%

G,998

533

14,14G

1G,090

1,000

14,0G8

213 20G

3,000 3,000

10,450 11,355

Dec-19 Dec-20 Dec-21 Dec-22 Dec-23 Dec-24 Dec-25 Mar-2G

Bank Loan

Mid-Term Loans Loans from Related Parties

Notes:

1. Net gearing ratio is calculated by dividing net borrowings by equity attributable to owners of the Company.

2. Gearing ratio is calculated by dividing the total bank borrowings, unsecured bonds, loans from related parties and medium -term 19

notes by equity attributable to owners of the Company.

Disclaimer & Contact Information

This document is prepared by China Resources Building Materials Technology Holdings Limited (the "Company") solely for this investor presentation. Copying or redistribution of this document to any person is strictly prohibited. The distribution of this document in other jurisdiction may be restricted by laws of that jurisdiction, and persons who possess this document should observe such restriction. Apart from the figures extracted from our Annual Reports, other financial information or data has not been reviewed or audited by our independent auditor. The information contained in this document has not been independently verified. No representation or warranty express or implied is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained herein. The purpose of this document is not for complete or fully analysis made to the financial or trading position or prospect of the Company, and any person who will in possession of this document shall be aware that no reliance should be placed on the content contained herein. The information and opinions contained in this document are subject to change without notice. This document is not intended to constitute an offer to, or a solicitation for offer to sell, purchase or subscribe the securities of the Company. The Company or any of their respective affiliates, advisors or representatives shall not have any liability whatsoever (in negligence or otherwise) for any loss howsoever arising from any use of this document or its content or otherwise arising in connection with this document.

This document may contain forward-looking statements that reflect risks and uncertainties. These forward-looking statements are generally expressed in forward-looking expressions, such as expectations, estimation,

planning, projections, goals, the possibilities, probabilities or so on to reflect the actions that the Company expects to or may take in future or the results from these actions. You should not have excess reliance on these forward-looking statements, which are based on our own information and other source of information that we consider reliable. Our actual results may differ from these forward-looking statements which may lead to the fluctuation of the share price of the Company.

Investor Relations Inquiries:

Tel:

E-mail: Website: Address:

(852) 3118 6800

crcement@crc.com.hkwww.cr-bmt.com

Room 3001-05, China Resources Building, 26 Harbour Road, Wanchai, Hong Kong

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