In which currency will the Amrize Shares trade?

Amrize Shares will trade in USD on the NYSE and in CHF on the SIX. Investors are free to choose to trade their Amrize Shares at either stock exchange in the respective currency, subject to the arrangements with their bank or broker.

When will I receive the Amrize Shares?

The Holcim Board of Directors will determine the timeline. It is expected that Amrize Shares will be credited to Holcim shareholders on or after the Ex-Dividend Date (which is expected to be in June 2025), at which time you should be able to commence trading your Amrize Shares. However, no assurance can be provided as to the timing of the Distribution or that all conditions of the Distribution will be met.

What do I have to do to receive Amrize Shares?

Holcim shareholders will not be required to take any action, pay any cash, deliver any other consideration, or surrender any Holcim Shares in order to receive Amrize Shares. Special rules apply to holders of physical share certificates (Heimverwahrer).

Do I have to pay any consideration in order to receive Amrize Shares allocated to me in the Spinoff? Will there be any transaction costs for me?

No consideration will have to be paid in order to receive Amrize Shares. As a general rule, the receipt of any Amrize Shares pursuant to the Distribution is free of charge subject to any fees charged by the depository banks or custodians.

If in doubt, please consult your bank or broker.

Can I buy Amrize Shares now?

No, currently there is no public market for Amrize Shares.

What happens if I sell my Holcim Shares prior to the Spin-off?

If you sell your Holcim Shares prior to the Cum-Dividend Date, close of business, you will not be eligible to receive Amrize Shares.

I am registered in the Holcim share register. What do I have to do in order to be registered in the Amrize share register?

Holcim shareholders registered in the Holcim share register will not automatically be registered in Amrize’s share register. Given Amrize's U.S. listing, entitlements to Amrize Shares are generally held through DTC, with Amrize Shares recorded in the name of Cede & Co. in the share register. In accordance with customary U.S. practice, holders of Amrize Shares held with a custodian bank or broker through DTC (including indirectly via SIX SIS, as the  case may be) are expected to be able to exercise voting rights through the U.S. proxy voting system. To make use of the U.S. proxy voting system, such holders do not need to be registered in the Amrize share register but should contact their bank or broker to receive the necessary proxies for exercising their voting rights, as it is customary for U.S. listed shares.

Nevertheless, shareholders may also be registered directly through Amrize’s share register, administered by Computershare U.S. as transfer agent. Given Amrize's U.S. listing and the availability of the U.S. proxy voting system to exercise voting rights, the Amrize Shares held through SIX SIS (and ultimately through DTC) are not eligible for the registered share system of SIX SIS, and therefore are not expected to be automatically registered in the Amrize share register. Rather, registration of Amrize Shares in the Amrize share register will need to be obtained by your bank or broker through DTC’s direct registration system, as it is customary for U.S. listed shares. Please contact your bank or broker if you wish to register your Amrize Shares following the Spin-off.

I hold my Holcim Shares with my custodian bank or broker through Euroclear France. How will I receive Amrize Shares?

Holcim Shares held with custodian banks or brokers through Euroclear France are, to the best of Holcim’s knowledge, ultimately held through SIX SIS. Therefore, the same applies as for all other shares held through SIX SIS.

Will Amrize be able to pay dividends out of capital contribution reserves that are exempt from Swiss withholding tax?

As part of the Spin-off, Amrize is expected to receive “foreign” capital contribution reserves in the USD equivalent amount of approximately CHF 1,769 million from Holcim. Amrize is expected to be able use the “foreign” capital contribution reserves to pay dividends without being subject to Swiss withholding tax (otherwise at a rate of 35%) and, for Swiss individuals holding Amrize Shares as private assets, without triggering Swiss income tax, unless they are consumed as a consequence of share buybacks by Amrize.

Will holders of Holcim ADRs also receive Amrize Shares?

The Holcim ADRs are unsponsored and any holders of Holcim ADRs should consult their provider regarding the treatment of this corporate action.