COMPANY INFORMATION DISCLOSURE

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1 Last updated: 1 August 2014 This document is available from the company website at: In conjunction with the website, this document contains all of the information which is necessary to comply with the requirements of Rule 26 of the AIM Rules for Companies Company information disclosure. Business Description / Investment Strategy Breedon Aggregates Limited (formerly Marwyn Materials Limited) is a vehicle established to acquire controlling interests in profitable building materials businesses, both listed and unquoted, in the UK, Europe and US, creating shareholder value through market consolidation. GOVERNANCE Directors names and biographies Peter Tom CBE (Chairman) Peter has more than 50 years experience in the aggregates industry. He joined Bardon Hill Quarries Limited as a school-leaver in 1956, becoming Managing Director in 1977 and Chief Executive of Bardon Group plc in He went on to lead the merger of Bardon and Evered plc in 1991 and the enlarged group s subsequent merger with CAMAS in 1997 to form Aggregate Industries plc. Following the acquisition of Aggregate Industries by Swiss building materials Group Holcim Limited for 1.8 billion, he served as non-executive Chairman of Aggregate Industries until his resignation in December He has been Executive Chairman of Breedon Aggregates Limited since its formation in 2010 through the reverse acquisition of Breedon Holdings by Marwyn Materials, the AIM-listed company he co-founded with Simon Vivian in 2008 to consolidate the smaller end of the heavyside building materials industry. Peter has been Chairman of Leicester Rugby Football Club (Leicester Tigers) since He is also Chairman of the Channel Islands Property Fund. Simon Vivian (Group Chief Executive) Simon has over 25 years experience in the aggregates and construction industries. He worked in a number of roles with Hanson PLC , ultimately as a main board director and Chief Executive of Hanson s European Building Materials business. He oversaw operations in eight European countries, employing over 8,000 people with revenues of over 1.5 billion. Whilst with Hanson, he executed and integrated a number of acquisitions and managed the disposal of the company s waste management business, Greenways, for 185 million. From 2004 to 2006 Simon was Chief Executive of Mowlem PLC, where he led an organisation with over 25,000 employees, generating revenues of 2.2 billion from operations in the UK, USA and Australia. He has been Group Chief Executive of Breedon Aggregates Limited since its formation in 2010 through the reverse acquisition of Breedon Holdings by Marwyn Materials, the AIM-listed company he co-founded with Peter Tom. Rob Wood (Group Finance Director) Rob has over 10 years experience in the international building materials industry. Rob qualified as a Chartered Accountant with Ernst & Young and subsequently joined Hanson PLC where he held a number of senior positions including Finance Director Brick continental Europe, Finance Director Building Products UK and Chief Financial

2 Officer Australia & Asia Pacific. Following the acquisition of Hanson PLC by HeidelbergCement AG Rob returned to the UK and joined Drax Group plc as Group Financial Controller. During his time at Drax Group plc he also spent a period of time as Head of M&A. Susie Farnon (Non-executive Director) Susie was a Banking and Finance Partner with KPMG Channel Islands from 1990 until 2001 and Head of Audit at KPMG Channel Islands from She has served as President of the Guernsey Society of Chartered and Certified Accountants and as a member of The States of Guernsey Audit Commission and The Guernsey Public Accounts Committee. She is Vice-Chairman of The Guernsey Financial Services Commission and a non-executive director of a number of listed and unlisted companies. Susie was appointed to the Board of Breedon Aggregates Limited on 1 November 2010 and became the Senior Independent Director in January David Warr (Non-executive Director) David is a Chartered Accountant and a Fellow of the Institute of Charted Accountants in England and Wales. He became a partner of Reads & Co, a Guernsey based practice of Chartered Accountants in 1981 and helped develop it into a broadly based financial services business which was sold in David currently holds a number of non-executive directorships including Threadneedle UK Select Trust Limited, Schroders Real Estate Investment Trust Limited, Acorn Income Fund Limited, Crystal Amber Fund Limited, Unigestion (Guernsey) Limited, Mid Europa Fund Management Limited and The Guernsey Community Foundation LBG. David Williams (Non-executive Director) David has significant experience in the investment market. He has served as Chairman in executive and nonexecutive capacities for a number of companies, both public and private. He has built a reputation for creating significant shareholder value through both organic and acquisitive growth, as well as leading turnaround situations. Board of Directors Responsibilities The Board is ultimately responsible for the effectiveness of the Group s system of internal control. The executive directors of the board, through their operational roles, will have close involvement with the operations of the business. The Board is responsible for ensuring that commercial risks and financing needs are properly considered, the obligations of a public company are adhered to and all decisions are made objectively in the interest of the Group and its stakeholders. The main role of the Board will be: To provide entrepreneurial leadership; To set strategic aims, ensure necessary financial & human resources are in place; To set the Group s values & standards; To prepare business plans; To review and approve investments; To help develop proposals on strategy; To satisfy themselves on integrity of financial information; To develop a robust system of internal controls and corporate governance; To ensure the Group has in place sufficient systems, procedures and controls in order to comply with the AIM Rules for Companies; To ensure the Group s commercial risks and financing needs are properly considered; and To ensure all decisions are made objectively in the interest of the Group and its stakeholders. Committees Responsibilities An audit committee was established following the acquisition of Breedon Holdings, chaired by David Warr with Susie Farnon being a member of the committee. The Audit Committee will undertake all functions that would normally be delegated to an audit committee including:

3 Review the annual financial statements and interim reports prior to approval, focusing on changes in accounting policies and practices, major judgemental areas, significant audit adjustments, going concern and compliance with accounting standards, Stock Exchange and legal requirements; Receive and consider reports on internal financial controls, including reports from the auditors and report their findings to the Group Board; Consider the appointment of the auditors and their remuneration including reviewing and monitoring of independence and objectivity; Meet with the auditors to discuss the scope of the audit, issues arising from their work and any matters the auditors wish to raise; Develop and implement policy on the engagement of the external auditor to supply non-audit services; Review the Group s corporate review procedures and any statement on internal control prior to endorsement by the Group Board; and Consider the need for and scope of any internal audit work and approve and monitor any internal audit programme. A remuneration committee was established following the acquisition of Breedon Holdings, chaired by David Williams with David Warr and Susie Farnon being members of the committee. The Remuneration Committee is responsible for the establishment of appropriate employee incentives and share option schemes, and ensures that the remuneration of executive directors, non-executive directors and other key management are relevant to the industry and market in which the Group operates. Terms of reference for the Audit and Remuneration Committees can also be found on the Group website. Given the size, nature and scale of the Group, a separate nominations committee will not be established, with the Group Board undertaking all functions which would normally be delegated to the nominations committee. SHARE INFORMATION Other exchanges or trading platforms where Breedon Aggregates securities are admitted or traded: As at 01/08/2014 Breedon Aggregates Limited s securities were not traded, or admitted to be traded, on any exchanges or trading platforms other than AIM. The number of securities in issue: As at 01/08/2014, the number of securities in issue was: 1,015,767,849 The number of securities held as treasury shares: As at 01/08/2014, the number of securities held as treasury shares was: 0 Percentage of AIM securities not in public hands: As at 01/08/2014, the percentage of AIM securities not in public hands was: 55.28%

4 Identity and percentage holdings of significant shareholders: As at 01/08/2014, the Company has been notified of the identity and percentage holdings of the following significant shareholders: Invesco Asset Management Ltd 227,555, % Marwyn Value Investors L.P. 128,823, % AXA Framlington 102,716, % Woodford Investment Management 84,773, % Threadneedle Asset Management 79,722, % Ravenscroft Investment Management 64,396, % PWG Tom CBE and family 47,941, % None Lansdowne Partners 35,833, % Details The of any restrictions on the transfer of AIM Securities: for current Small Company corporate and Mid-size seeks governance to Quoted comply, arrangements Companies as far as it is published appropriate are described by the to more do Quoted so, fully with Companies in the its Corporate latest Alliance Annual Governance Report. in Its Code Corporate Governance: Takeovers and Mergers: The Company is subject to the UK City Code on Takeovers and Mergers. CONTACTS & ADVISORS Country of Incorporation: Jersey Shareholders rights may be different than those for a UK incorporated company. Main Country of Operation: United Kingdom

5 Company Registered Address & Number: Breedon Aggregates Limited Elizabeth House 9 Castle Street Telephone: Company Number Nominated advisors: Cenkos Securities plc Tokenhouse Yard London EC2R 7AS Telephone: +44 (0) Other key advisors: Joint Brokers Auditors Solicitors to the Company (UK) Legal advisers to the Company (Jersey) Registrars Secretary Cenkos Securities plc Tokenhouse Yard London EC2R 7AS KPMG Audit Plc One Snowhill Snow Hill Queensway Birmingham B4 6GH Travers Smith LLP 10 Snow Hill London EC1A 2AL Carey Olsen 47 Esplanade Jersey JE1 0BD Capita Registrars (Jersey) Limited 12 Castle Street JTC (Jersey) Limited Elizabeth House 9 Castle Street Peel Hunt LLP Moor House 120 London Wall LondonEC2Y 5ET

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