CHIHUAHUA, Mexico, May 15, 2023 (GLOBE NEWSWIRE) — GCC, SAB de CV GCC “, the company”))), a leading producer of cement and concrete in the United States and Mexico, announced today that its Annual General Meeting held on April 27, 2023 declared a Ps. 1.3364 dividend per share, which is the balance of net income on a tax basis for fiscal 2013 and prior years.

The declared dividend will be paid on May 24, 2023 and payment will be made via SD Indeval against delivery of coupon 20 of current share certificates.

About GCC

GCC is a leading supplier and producer of cement, concrete, aggregates and construction-related services in the United States, Mexico and Canada with an annual cement production capacity of 5.8 million tons. Founded in 1941, the company’s shares are listed on the Mexican Stock Exchange under the ticker symbol GCC*.

Forward-Looking Statements

This press release may contain forward-looking statements. All statements that are not clearly historical are forward-looking statements, and the words “anticipate,” “believe,” “expect,” “estimate,” “intend,” “project” and similar expressions are generally intended to identify forward-looking statements. looking statements. These statements are subject to risks and uncertainties, including, without limitation, changes in macroeconomic, political, legal, public health crises, including COVID-19, governmental or business conditions in the markets in which GCC operates; changes in interest rates, inflation rates and exchange rates; performance of the construction industry; and pricing, business strategy and other factors. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may differ materially from the beliefs, forecasts and estimates described herein. GCC assumes no obligation to update the information contained in this press release.

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