Executive Committee and other senior management

Members of the Executive Committee (including the CEO) are appointed by the Board of Directors and responsible for the management of the Group. The members of the Executive Committee may be assisted by Area Managers in their area of responsibility. Area Managers are appointed by the Executive Committee.

Until the December 31, 2014, the CEO, the members of the Executive Committee, the Area Managers, and the Corporate Functional Managers were referred to as Senior Management. With effect as of January 1, 2015 the Corporate Functional Managers are no longer distinguished from and are considered Function Heads. Also with effect as of January 1, 2015 and as reflected in this report, the CEO, the members of the Executive Committee are referred to as Senior Management.

The tasks of the Executive Committee as Senior Management are divided into different areas of responsibility in terms of country, division, and function, each of these areas being ultimately supervised and managed by a member of the Executive Committee.

Further to the changes effective January 1, 2014 reported in the Annual Report 2013 on pages 121-122, the following changes within Senior Management as defined during the year under review have occurred:

Effective June 1, 2014, Onne van der Weijde, Area Manager for India until April 25, 2014, and member of Holcim Senior Management, left Holcim. Holcim thanked Onne van der Weijde for his contributions to the success of the Group, especially in India, and wished him all the best for his future endeavors.

Effective September 30, 2014, Urs Bleisch, previously Corporate Functional Manager and member of Senior Management of Holcim Ltd, has been nominated member of the Holcim Executive Committee. He keeps his responsibilities for Holcim Technology Ltd, Holcim Group Services Ltd, and the project management office of the Holcim Leadership Journey.

Effective October 1, 2014, Alain Bourguignon, Area Manager in charge of Canada, UK, and USA, and member of Senior Management of Holcim Ltd, was seconded to the joint Divestment Committee that was established by Holcim and Lafarge in the context of their planned merger.

Effective October 1, 2014, Roland Köhler, member of the Holcim Executive Committee previously in charge of Continental Europe, also took over responsibility for the UK. The enlarged region is named ‘Europe’.

Also effective October 1, 2014, Andreas Leu, member of the Holcim Executive Committee in charge of Latin America, in addition assumed responsibility for USA and Canada. The enlarged region is named ‘Americas’.

Effective December 31, 2014, Jacques Bourgon, Head of OH&S for the Group, Senior Advisor to the CEO, and member of Senior Management of Holcim Ltd, has decided to pursue other challenges outside the Group. Holcim thanked Jacques Bourgon for the valuable contributions he has made to the success of the Group in various roles during his 24 years with the company.

Effective January 1, 2015, Javier de Benito, Area Manager for Africa Middle East and member of Senior Management of Holcim Ltd, has decided to leave Holcim, to take up a new challenge outside the Group. Holcim thanked Javier de Benito for his valuable contributions to the success of the Group over the years.

Effective January 1, 2015, 2014, Dominique Drouet, CEO of Holcim Morocco, was appointed Area Manager for Africa Middle East. He assumed this responsibility in addition to his current role.

Executive Committee

During the year under review, the Executive Committee of Holcim Ltd comprised six respectively seven members. None of the members of the Executive Committee has important functions outside the Holcim Group or any other significant commitments of interest.

Composition of the Executive Committee

1

Since September 30, 2014.

Bernard Fontana

CEO

Thomas Aebischer

CFO

Urs Bleisch

Member1

Roland Köhler

Member

Andreas Leu

Member

Bernard Terver

Member

Ian Thackwray

Member

Please refer to chapter Executive Committee for biographical information on the members of the Executive Committee. Regional and functional responsibilities are shown in the organizational chart.

Area Management

The individual members of the Executive Committee are assisted by Area Managers.

Composition of the Area Management

1

Until December 31, 2014

2

Since January 1, 2015

3

Until October 1, 2014

4

Until April 25, 2014

Horia Adrian

Eastern and Southeastern Europe, including CIS/Caspian region

Daniel Bach

South East Asia (except India)

Javier de Benito1

Africa Middle East including the Group’s positions in West Africa, Arabian Gulf and South and East Africa

Dominique Drouet2

Africa Middle East including the Group’s positions in West Africa, Arabian Gulf and South and East Africa

Alain Bourguignon3

North America / UK

Urs Fankhauser

Western Europe, including Spain but excluding the UK

Onne van der Weijde4

India

Kaspar E.A. Wenger

Central Europe (Switzerland, Southern Germany, Italy)

Corporate Functional Managers

Until December 31, 2014 Corporate Functional Managers were defined as a separate type of Function Heads and part of Senior Management of Holcim Ltd. As other Function Heads they assist the Executive Committee in specific functions and dimensions and report to the Group CEO and members of the Executive Committee. With effect as of January 1, 2015 the Corporate Functional Managers are no longer distinguished from and are considered Function Heads.

Composition of the Corporate Functional Management

1

As of September 30, 2014 appointed Member of the Executive Committee.

2

Until December 31, 2014.

3

Since February 6, 2014.

Urs Bleisch1

CEO Holcim Group Services Ltd and Holcim Technology Ltd and PMO for the Holcim Leadership Journey

Jacques Bourgon2

Advisor to CEO

Xavier Dedullen

Chief Legal & Compliance Officer and Group General Counsel

Aidan Lynam3

Technical support for South Asia and continued oversight of Holcim activities in Bangladesh and Sri Lanka

Management agreements

Holcim has no management agreements in place with companies or private individuals outside the Group.

Compensation, shareholdings and loans

Details of Board and management compensation are contained in the remuneration report and in the consolidated financial statements (note 40).