Shareholdings and loans

Shares and options owned by the Board of Directors

On December 31, 2014, non-executive members of the Board of Directors held a total of 65,843,343 registered shares in Holcim Ltd. This number comprises privately acquired shares and those allotted under participation and compensation schemes. As of the end of 2014 non-executive members of the Board of Directors do not hold any options from compensation and participation schemes.

Until the announcement of market-relevant information or projects, the Board of Directors, Senior Management and any employees involved are prohibited from effecting transactions with equity securities or other financial instruments of Holcim Ltd, exchange-listed Group companies or potential target companies (trade restriction period).

Number of shares held by the Board of Directors as of December 31, 20141

Name

Position

Total number of shares 2014

1

From allocation, shares are subject to a five-year sale and pledge restriction period.

Wolfgang Reitzle

Chairman,
Governance & Strategy Committee Chairman

2,241

Beat Hess

Deputy Chairman

4,693

Alexander Gut

Member, Audit Committee Chairman

4,092

Adrian Loader

Member,
Nomination and Compensation Committee Chairman

10,493

Jürg Oleas

Member

0

Thomas Schmidheiny

Member

65,777,912

Hanne Sørensen

Member

1,015

Dieter Spälti

Member

41,912

Anne Wade

Member

985

Total Board of Directors

 

65,843,343

Number of shares held by the Board of Directors as of December 31, 20131

Name

Position

Total number of shares 2013

1

From allocation, shares are subject to a five-year sale and pledge restriction period.

Rolf Soiron

Chairman,
Governance & Strategy Committee Chairman

39,514

Beat Hess

Deputy Chairman

3,515

Erich Hunziker

Deputy Chairman,
Nomination & Compensation Committee Chairman

13,551

Alexander Gut

Member, Audit Committee Chairman

2,914

Adrian Loader

Member

9,315

Andreas von Planta

Member

13,309

Wolfgang Reitzle

Member

1,063

Thomas Schmidheiny

Member

65,776,734

Hanne Sørensen

Member

230

Dieter Spälti

Member

40,413

Anne Wade

Member

200

Total Board of Directors

 

65,900,758

Shares and options owned by Senior Management

As of December 31, 2014, members of Senior Management held a total of 173,707 registered shares in Holcim Ltd. This figure includes both privately acquired shares and those allocated under the Group’s participation and compensation schemes.

Furthermore, at the end of 2014, Senior Management held a total of 548,184 share options; these arose as a result of the participation and compensation schemes of various years. Options are issued solely on registered shares in Holcim Ltd. One option entitles the holder to subscribe to one registered share in Holcim Ltd.

Number of shares and options held by the senior management as of December 31, 20141

Name

Position

Total number of shares 2014

Total number of call options 2014

1

From allocation, shares are subject to a five-year and options to a three-year and nine-year sale restriction period respectively.

2

Since October 1, 2014.

3

Since January 1, 2014.

4

Since February 6, 2014.

Bernard Fontana

CEO

10,113

73,794

Thomas Aebischer

Member of the Executive Committee, CFO

12,285

67,474

Urs Bleisch

Member of the Executive Committee2

3,921

38,563

Roland Köhler

Member of the Executive Committee

18,291

87,495

Andreas Leu

Member of the Executive Committee

19,302

69,934

Bernard Terver

Member of the Executive Committee

25,439

49,123

Ian Thackwray

Member of the Executive Committee

11,696

81,719

Horia Adrian

Area Manager

2,500

4,251

Daniel Bach

Area Manager3

1,785

0

Alain Bourguignon

Area Manager3

4,358

0

Javier de Benito

Area Manager

23,737

16,501

Urs Fankhauser

Area Manager

6,175

11,077

Kaspar E.A. Wenger

Area Manager

19,932

4,952

Jacques Bourgon

Corporate Functional Manager

5,480

24,872

Xavier Dedullen

Corporate Functional Manager

333

2,373

Aidan Lynam

Corporate Functional Manager4

8,360

16,056

Total senior management

 

173,707

548,184

Number of shares and options held by the senior management as of December 31, 20131

Name

Funktion

Total number of shares 2013

Total number of call options 2013

1

From allocation, shares are subject to a five-year and options to a three-year and nine-year sale restriction period respectively.

Bernard Fontana

CEO

5,489

55,302

Thomas Aebischer

Member of the Executive Committee, CFO

9,464

56,548

Paul Hugentobler

Member of the Executive Committee

40,843

96,050

Roland Köhler

Member of the Executive Committee

15,470

80,402

Andreas Leu

Member of the Executive Committee

16,481

69,934

Bernard Terver

Member of the Executive Committee

22,618

42,819

Ian Thackwray

Member of the Executive Committee

8,875

70,091

Horia Adrian

Area Manager

2,280

1,228

Javier de Benito

Area Manager

22,858

27,269

Urs Fankhauser

Area Manager

5,107

7,835

Aidan Lynam

Area Manager

7,482

12,718

Onne van der Weijde

Area Manager

3,152

3,378

Kaspar E.A. Wenger

Area Manager

19,759

1,228

Urs Bleisch

Corporate Functional Manager

3,306

939

Jacques Bourgon

Corporate Functional Manager

4,865

24,410

Xavier Dedullen

Corporate Functional Manager

0

0

Total senior management

 

188,049

550,151

Movements in the number of share options outstanding held by Senior Management are as follows:

 

Number1
2014

Number1
2013

1

Adjusted to reflect former share splits and/or capital increases.

January 1

550,151

508,587

Decrease due to change in senior management

6,116

0

Decrease due to retirements

70,499

0

Granted and vested (individual component of variable compensation)

99,532

96,480

Granted and vested (single allotment)

33,550

11,183

Exercised

11,530

66,099

Lapsed

46,904

0

December 31

548,184

550,151

Of which exercisable at the end of the year

85,982

136,963

The share options outstanding held by senior management (including former members) at year-end 2014 have the following expiry dates and exercise prices:

Option grant date

Expiry date

Exercise price1

Number1
2014

Number1
2013

1

Adjusted to reflect former share splits and/or capital increases.

2

Due to trade restrictions in 2008, the expiry date of the annual options granted for the years 2003 to 2005 has been extended by one year.

2002

2014

CHF

67.15

0

122,737

2003

20152

CHF

67.15

0

33,550

2004

20162

CHF

67.15

23,550

33,550

2005

20142

CHF

74.54

0

71,423

2006

2014

CHF

100.69

0

58,573

2007

2015

CHF

125.34

49,674

49,674

2008

2016

CHF

104.34

71,083

71,083

2008

2020

CHF

67.15

33,550

33,550

2009

2017

CHF

38.26

153,482

224,478

2010

2018

CHF

71.15

99,493

131,631

2010

2022

CHF

75.40

33,550

33,550

2010

2022

CHF

81.45

33,550

33,550

2011

2019

CHF

67.15

113,957

149,763

2011

2023

CHF

71.50

67,100

67,100

2012

2020

CHF

58.50

179,894

179,894

2012

2024

CHF

67.15

33,550

33,550

2013

2021

CHF

71.90

122,770

122,770

2013

2025

CHF

71.50

11,183

11,183

2014

2022

CHF

69.15

99,532

0

2014

2026

CHF

71.50

33,550

0

Total

 

 

 

1,159,468

1,461,609

In 2014, one new Executive Committee member was granted in total 33,550 options.

Loans granted to members of governing bodies

As at December 31, 2014, there were no loans outstanding to members of Senior Management. There were no loans to members of the Board of Directors or to parties closely related to members of governing bodies.