Detailed net financial position as of
June 30, 2020 (in EUR million)

Gross cash

1,564

Gross debt

Institutional bonds: € (1,000) M - Exchangeable bonds LafargeHolcim: € (750) M - Bank debt: € (71) M - Drawdowns under the credit lines  € (1,000) M

(2,821)

Net debt (excluding treasury shares)

(1,257)

Treasury shares

560

Total (included in GBL's NAV)

(697)

Maintaining a solid and flexible financial structure while limiting net indebtedness

Debt maturity profile

Debt maturity profile

GBL has committed credit lines for an amount of EUR 2,150 million, which have been partially drawn down for an amount of EUR 1,000 million. The balance of EUR 1,150 million is indicated hereabove by the dotted lines.

EUR 750m exchangeable bond for existing registered shares of LafargeHolcim Ltd due December 30, 2022

Terms and conditions of the bonds

Institutional bonds

Risk Management

The risks associated with the management of cash and cash equivalents, financial instruments and financing may be consulted in the Risk Management section.