ΤITAN CEMENT COMPANY S.A. announces that following decision dated 12.9.2018 of the Board of Directors, Mr. Efthimios Vidalis, executive director, will cease having, as of 14.9.2018, the capacity of the executive director as provided in article 3 par. 1 of Law 3016/2002, and will be designated as non- executive director.

Therefore, the Board of Directors has re-designated, as of 14.9.2018, the executive and the non- executive members of the board as follows:

Εxecutive directors: Dimitrios Papalexopoulos, Nellos Canellopoulos, Michael Colakides, Vassilios Zarkalis, Alexandra Papalexopoulou-Benopoulou and Takis-Panagiotis Canellopoulos.

Non- executive directors: Efstratios-Georgios Arapoglou, Hiro Athanassiou, Doros Constantinou, Alexander Macridis, Domna Mirasyesi-Bernitsa, Ioanna Papadopoulou, Petros Sabatacakis, Ploutarchos Sakellaris and Efthimios Vidalis.

Seven of the above nine non-executive directors, namely Mrs. Hiro Athanassiou, Mr. Doros Constantinou, Mr. Alexander Macridis, Mrs. Domna Mirasyesi-Bernitsa, Mrs. Ioanna Papadopoulou, Mr. Petros Sabatacakis and Mr. Ploutarchos Sakellaris, were designated by the General Assembly of Shareholders dated 17.6.2016, as independent directors in accordance with Law 3016/2012.

14/9/2018