Titan Cement International announces reorganisation of its Board of Directors

Titan Cement International SA has announced changes in the composition of its Board of Directors.

According to the company's announcement, the Board will be resized and will consist of the following directors: Dimitri Papalexopoulos, Kyriacos Riris, Michael Colakides, Marcel Cobuz, Leonidas Canellopoulos, Alexandra Papalexopoulou, Andreas Artemis, Harry David, Lyn Grobler, Paula Hadjisotiriou, Natalia Nikolaidis and Dimitris Tsitsiragos.

Following the closing of the previously announced initial public offering of Titan America SA , Titan America SA’s Board of Directors consists of the following directors: Marcel Cobuz (Chairman, non-independent), Bill Zarkalis (CEO, non-independent), Michael Colakides (non-independent), William Antholis (independent), James Bachmann (independent), Sandra Santos (independent) and Wim Van der Smissen (independent), the announcement also said.

About Titan America (NYSE: TTAM)

Titan America, a $1.6 billion annual sales business, is a leading vertically integrated player in the high-growth economic mega-regions of the U.S. East Coast, with operations and leading market positions across Florida, the Mid-Atlantic, and Metro New York/New Jersey.

About Titan Cement International SA (Euronext Brussels, Euronext Paris, ATHEX)

TITAN Group, a €2.6 billion annual sales business, is a leading international business in the building and infrastructure materials industry, with passionate teams committed to providing innovative solutions for a better world. With most of its activity in the developed markets, the Group employs over 5,700 people and is present in over 25 countries, holding prominent positions in the U.S., Europe, including Greece, the Balkans, and the Eastern Mediterranean, as well as a joint venture in Brazil. Titan Cement International SA is listed on Euronext in Brussels and Paris and at the Athens Exchange.