Update on the calendar of the ongoing bid of TCC for NHOA page 1

Regulatory News:

Reference is made to the simplified public offer submitted by TCC Group Holdings Co., Ltd (“TCC” ; TWSE: 1101) on July 8, 2024, with the French Autorité des marchés financiers (AMF notification no. 224C1129), through its indirect subsidiary Taiwan Cement Europe Holdings BV, on the shares of NHOA SA (EURONEXT PARIS: NHOA.PA) (“NHOA” or the “Company) (the “Offer“).

The ad hoc committee of the NHOA Board of Directors, in light of the preparatory work of the independent expert (Ledouble) (the “Independent expert”) and Rothschild & Cie (as financial advisor to the ad hoc Commission) has expressed some concerns about the fairness of TCC’s proposed price of €1.10 per NHOA share in cash and has asked TCC to clarify its intentions regarding the public offer in light of this feedback. ad hoc Commission underlined that initial estimates of the value per NHOA share in a “sum of the parts” valuation approach result in an amount greater than €1.10 per share. This is mainly due to the valuations of Free2move eSolutions (NHOA’s joint venture with Stellantis) and Atlante.