Atocongo Plant, Lima

Semana del Mercado de Capitales

August 26, 2021

UNACEM S.A.A.

Welcome to UNACEM’s presentation!

1.OVERVIEWWhere we come from? Who we are?

2.FUNDAMENTALSOur country, our industry

3.RECENT EVENTSCorporate Governance and M&A

4.UNACEM PeruMarket leadership and solid financial results

5. CONSOLIDATED FINANCIAL HIGHLIGHTSResults and debt profile

6.APPENDIXAdditional information

1. Overview

1. Overview

History

UNACEM has almost 100 years of successful operations in the Peruvian market…

Cementos Lima S.A. is founded

(predecessor of UNACEM)

Military government confiscates Cemento

Andino and Cementos Lima

Cementos Lima is privatized for a

second time, allowing the Rizo-

Patrón group to gain control of the

company

Cemento Andinostarts the

construction of the Condorcocha plant

Constitution of Compañía Peruana

de Cemento Portland

UNICON is created from the merger of

COPRESA and HORMEC

Cementos Lima triples its cement

production capacity (from 1.5 million MT

to 4.5 million MT)

1974 1994 1996 199919671916 1956

Cemento Andino is privatized and the Rizo-Patrón group recovers control of

the company

2007

UNACEM merge as absorbing company with

SIA, IASA and Pronto.

UNACEM acquired Cempor

UNICON acquired HormigonesIndependencia, today UNICON

Chile

1. Overview

History (cont.)

…developing new business segments and entering new markets in the region

Drake Cement begins operations in the US.

UNICON acquires Firth

2012 2013 2014 2017

UNACEM is founded as a result of a

merger between Cementos Lima and

Cemento Andino. Condorcocha kiln IV

expansion is concluded

UNACEM acquires Lafarge in Ecuador and is now present

in 5 countries: Peru, Ecuador, U.S., Chile

and Colombia

Expansion of kiln 1 from 4.5 million MT to 5.5 million MT in

the Atocongo plant is concluded

2010 2011

Compañía Eléctrica el Platanal S.A.

(“CELEPSA”) hydropower plant begins

its operations

2018

UNICON acquired Hormigonera Quito,

today UNICON Ecuador

2021

UNACEM acquired Cementos La Unión

in Chile, today UNACEM Chile

Perú – Chile - Colombia

1. Overview

UNACEM structure

6

ConcreteCementEnergy

Nuevas Inversiones S.A.

Free float

GEA

48.20%

25.25%

Inversiones JRPR S.A.

61.85%

Inversiones Nacionales y Multinacionales S.A.

26.55%

PERU

CHILEECUADOR

Services

(Engineering)

(Security)

(Real Estate Assets)

UNACEM S.A.A. is listed in the Lima Stock Exchange (BVL) with a Market Cap of USD 538.0 million, as of August 26th, 2021.FX Rate: PEN 4.089- 1,818,127,611 Common shares

CHILE

Our sustainability strategy

7

ESG is at the core of our culture ….

Our purpose:

“Growing together to build a sustainable world”

Our strategic management focuses on sustainability based on 5 pillars:

With ambitious long-term aspirations with the environment

8

This is in line with:

Social Infrastructure

Health Education EnvironmentCommunity

Relations

Aligned with the UN Sustainable Development Goals

Our social development approach works in 5 lines of action

2. Fundamentals

477.6

830.7

588.2

808.8

462.6479.0

563.3

633.5

413.2

571.0

2017-1 2017-7 2018-1 2018-7 2019-1 2019-7 2020-1 2020-7 2021-1 2021-7

Acero de Construcción liso Bloques y Ladrillo - Area 1

Cemento Portland Tipo I - Area 1 Mano de obra

10

1,178 1,066 1,086

-

200

400

600

800

1,000

1,200

1,400

-3.7%

2.2% 5.4%1.6%

-14.2%

101.5%

-3.4%

0.9% 3.2% 5.2%

-14.7%

90.5%

2016 2017 2018 2019 2020 1H21

Construction GDP Peruvian Cement Dispatches

-6.8%-7.8%

-11.1%

-5.8%

-8.3%

-4.1% -3.5%

5.90%

3.40%

10.30%

6.10%5.00% 4.50%

6.80%

Colombia Ecuador Peru Chile Mexico Brazil USA

2020 2021E

2. Fundamentals

Macroeconomic fundamentals have been affected by COVID-19

Latam GDP Growth (Annual variation %)

Construction materials index

Peru Construction GDP vs. Cement Dispatches

(Growth %)

Cement Dispatches(Monthly TM, thousands)

Sources: INEI, ASOCEM, Apoyo, AFIN, Central Banks, WB .

11

The construction sector has the strongest recovery in 2Q2021...

Source: INEI

12

Peru GDP (YTD 2Q2021, % Growth)

2. Fundamentals

5.0

8.3

9.5

16.8

21.2

25.2

61.0

62.2

83.8

85.8

231.9

423.0

41.9

- 50.0 100.0 150.0 200.0 250.0 300.0 350.0 400.0 450.0

Public

Telecom

Finance

Other

Fishing

Electricity, Oil & Gas

Manufacture

Services

Transport

Trade

Construction

Leisure

Peruvian GDP

… with G2G agreements to lead the execution of public works …

14

Reconstruction Agreement

▪ Government of the United Kingdom of Great Britain and Northern Ireland

▪ Budget: PEN 7,000 million▪ Term: 2 years

Works to be executed

Timeline

Tumbes

Piura

Lambayeque

La Libertad

Ancash

Lima

Ica

Cajamarca

Mar

ch 2

02

1

36 schools

7 riverdefenses

Jun

e 2

02

1

9 healthcenters

De

c2

02

1

74 schools

Mar

ch 2

02

2

66% ofWorks in river creeksand drains

Jun

e 2

02

2

15 healthcenters

17 riversand 5 rivercreeks

7 drains 15 healthcenters

74 schools

Huanvelica

2. Fundamentals

… and we can focus on the pipeline of granted projects

15

LINE 2 – METRO OF LIMA

ROADS

TRANSPORTATION INFRASTRUCTURE

WATER AND SANITATION

Metro de Lima - Línea 2 USD 5,658 MM

Red Vial 4 USD 380 MM

Rutas Nuevas de Lima USD 590 MM

Amp. Red Vial 5 USD 100 MM

Amp. Red Vial 6 USD 300 MM

Ambo- Oyon - I USD 140 MM

TOTAL USD 1,510 MM

Jorge Chavez AirportExpansion

USD 1,500 MM

Chancay Port USD 1,100 MM

Muelle Norte - Etapas 1 y 2 - Callao Port

USD 370 MM

Mineral Terminal - Callao Port

USD 150 MM

Pisco Airport Expansion USD 107 MM

TOTAL USD 3,227 MM

Water and Sanitation in Lima (Sedapal)

USD 166 MM

Pichanaki Hospital up-grade(Junin)

USD 79 MM

TOTAL USD 245 MM

Source: APOYO

2. Fundamentals

3. RecentEvents

Atocongo Plant - Lima

17

Recently acquired Cementos La Unión - Chile

On December 2020, UNACEM purchased 100% of the shares of Cementos LaUnión S.A. (CLU CHILE) and 100% of the social rights of Inversiones Mel 20Limitada (MEL20), subject to the approval of the Chilean National EconomicProsecutor (FNE). On February 23, 2021 the approval was obtained and tookcontrol at the end of March.

Main assets acquired

Grinding Capacity 300,000 tons/year

Ready-mix capacity 336,000 m3/year

Location – Cement Near port of San Antonio

Location – Ready-mix Santiago and surroundingareas

Other assets Tax credits

CHILE

4. UNACEM Peru

Condorcocha Plant, Tarma (3,950 m.a.s.l)

4. UNACEM Peru

Lima / Junín

Market Share: 43.9%

Arequipa

Market Share: 18.5%

Lima

Market Share: 3.9%

Lima

Market Share: 3.1%

Lima

Market Share: 3.6%

Loreto

TacnaArequipa

Arequipa

La Libertad / Piura / San Martín

Market Share: 26.8%

19Source: Asocem, INEI, SUNAT

UNACEM is the cement market leader in Peru

1,001 979 917

824 761

2017 2018 2019 2020 1H21

141

74

105

9

72

24.7%

12.3%

17.6%

1.8%

11.9%

0.0%

5.0%

10.0%

15.0%

20.0%

25.0%

30.0%

35.0%

40.0%

-

20

40

60

80

100

120

140

160

180

2017 2018 2019 2020 LTM1H21

Net Income Net Margin

300

266 259

145

221

52.5%

44.3% 43.6%

29.8%

36.6%

20.0%

30.0%

40.0%

50.0%

60.0%

70.0%

80.0%

50

100

150

200

250

300

2017 2018 2019 2020 LTM1H21

EBITDA EBITDA Margin

571 599 595

486

604

2017 2018 2019 2020 LTM1H21

4. UNACEM Peru

4. Consistently delivering strong financial results

Separate financial performance

Revenues(USD Millions)

EBITDA and EBITDA Margin(USD Millions and %)

Net Income & Net Margin (USD Millions and %)

Net Debt(USD Millions)

Source: Company filings.

20

Exchange rate from PEN/USD 2017: 3.26 PEN/USD 2018: 3.29 PEN/USD 2019: 3.34 PEN/USD 2020: 3.496 LTM1H21: 3.651

5. ConsolidatedFinancialHighlights

1,319 1,299

1,204

1,114

1,011

900

950

1,000

1,050

1,100

1,150

1,200

1,250

1,300

1,350

2017 2018 2019 2020 1H21

64 56

106

33

129

5.9%4.7%

8…

3…

10.6%

-7.0%

1.0%

9.0%

17.0%

25.0%

33.0%

41.0%

-

10

20

30

40

50

60

70

80

90

100

110

120

130

140

2017 2018 2019 2020 LTM1H21

Net Income Net Margin

347 356

366

264

357

32.0% 30.0% 29.8%

25.8%

29.4%

10.0%

15.0%

20.0%

25.0%

30.0%

35.0%

40.0%

45.0%

50.0%

100

150

200

250

300

350

400

450

2017 2018 2019 2020 LTM1H21

EBITDA EBITDA Margin

1,085

1,187 1,229

1,023

1,215

2017 2018 2019 2020 LTM1H21

5. Consolidated Financial Highlights

Good results despite tough environment …

Revenues(USD Millions)

Net Income & Net Margin (USD Millions and %)

Net Debt(USD Millions)

Source: Company filings

22

EBITDA and EBITDA Margin(USD Millions and %)

Exchange rate from PEN/USD 2017: 3.26 PEN/USD 2018: 3.29 PEN/USD 2019: 3.34 PEN/USD 2020: 3.496 LTM1H21: 3.651

Short

term

18%

Long term

82%

USD

38%

Local

Currency

62%

130 144 170

132 130

551

2021 2022 2023 2024 2025 >2026

Título del gráfico

Source: UNACEM

5. Consolidated Financial Highlights

… with a lean consolidated debt structure

Amortization Schedule (USD Millions)

FX Distribution(USD Millions)

Maturity Profile(%)

23

Total Debt as June 2021 USD 1,175 million

Exchange rate from PEN/USD as of 1H21: 3.866 PEN/USD. Debt Profile exchange rate PEN/USD: 3.5

5. Consolidated Financial Highlights

UNACEM stand-alone’s liability management process for PEN 1.2 billion

Improved debt profile:

✓ Extended duration

✓ Lower average cost

Total amount PEN 1,168 million

Banks : PEN 533 million

PEN 407 million

PEN 228 million

Term: 6 years

Disbursement: January 21, 2021

Use of proceeds: Refinance existing liabilities

Atocongo Plant, LimaMay 26 -27, 2021

Semana del Mercado de Capitales