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NOTES TO THE FINANCIAL STATEMENTS

35. Fiscal years unaudited by the tax authorities

(1) Τitan Cement Company S.A 2010-2016   Holtitan B.V. 2010-2016
(2) Aeolian Maritime Company -   Aeas Netherlands B.V. 2010-2016
(1) Albacem S.A. 2012-2016 (2) Titan Cement U.K. Ltd 2015-2016
(1) Arktias S.A. 2010-2016 (5) Τitan Αmerica LLC 2013-2016
(1) Interbeton Construction Materials S.A. 2007-2016   Separation Technologies Canada Ltd 2014-2016
(1) Intertitan Trading International S.A. 2012-2016   Stari Silo Company DOO 2008-2016
(1) Porfirion S.A. 2010-2016   Cementara Kosjeric AD 2006-2016
(1) Vahou Quarries S.A. 2010-2016   TCK Montenegro DOO 2007-2016
(1) Gournon Quarries S.A. 2010-2016   Double W & Co OOD 2007-2016
(1) Quarries of Tagaradon Community S.A. 2010-2016   Granitoid AD 2007-2016
(1) Aitolika Quarries S.A. 2010-2016   Gravel & Sand PIT AD 2007-2016
(1) Sigma Beton S.A. 2010-2016   Zlatna Panega Beton EOOD 2008-2016
(1) Titan Atlantic Cement Industrial and Commercial S.A. 2010-2016   Zlatna Panega Cement AD 2010-2016
(1) Titan Cement International Trading S.A. 2010-2016   Cement Plus LTD 2014-2016
(1) KTIMET Quarries S.A. 2010-2016   Rudmak DOOEL 2006-2016
  Aemos Cement Ltd 2010-2016   Usje Cementarnica AD 2009-2016
  Alvacim Ltd 2010-2016   Titan Cement Netherlands BV 2010-2016
(3) Balkcem Ltd 2008, 2010-2016   Alba Cemento Italia, SHPK 2012-2016
  Iapetos Ltd 2007-2016   Antea Cement SHA 2015-2016
  Rea Cement Ltd 2008-2016   Sharr Beteiligungs GmbH 2011-2016
  Themis Holdings Ltd 2008-2016   Kosovo Construction Materials L.L.C. 2010-2016
(4) Tithys Ltd 2006, 2008-2016   Sharrcem SH.P.K. 2011-2016
  Feronia Holding Ltd 2007-2016 (2) Alexandria Development Co.Ltd -
  Vesa DOOL 2006-2016   Alexandria Portland Cement Co. S.A.E 2010-2016
  Trojan Cem EOOD 2010-2016   Gaea Green Alternative Energy Assets Limited 2007-2016
  Dancem APS 2010-2016   Beni Suef Cement Co.S.A.E. 2009-2016
  Titan Global Finance PLC 2007-2016   East Cement Trade Ltd 2006-2016
  Terret Enterprises Ltd 2009-2016   Titan Beton & Aggregate Egypt LLC 2010-2016
  Salentijn Properties1 B.V. 2010-2016 (2) Titan Egyptian Inv. Ltd -
  Titan Cement Cyprus Limited 2007-2016   Green Alternative Energy Assets EAD 2012-2016
  KOCEM Limited 2007-2016   GAEA Zelena Alternative Enerjia DOOEL 2013-2016
  Fintitan SRL 2011-2016   GAEA Enerjia Alternative e Gjelber Sh.p.k. 2014-2016
  Cementi Crotone S.R.L. 2011-2016   GAEA -Green Alternative Energy Assets 2015-2016
  Cementi ANTEA SRL 2010-2016   Ecorecovery SA 2015-2016
  Colombus Properties B.V. 2010-2016   MILLCO-PCM DOOEL 2016

(1) For the fiscal years 2011-2013, Certified Auditors Accountants tax audited the above companies and issued tax certificates without qualifications, according to the terms of article 82, par. 5 of the Law 2238/1994. For the fiscal years 2014-2015 the tax audit was conducted again by the Certified Auditors Accountants and tax certificates without qualifications have also been issued according to the article 65A, par. 1 of L. 4174/2013.

(2) Under special tax status.

(3) Fiscal year of 2009 has been audited.

(4) Fiscal year of 2007 has been audited.

(5) Companies operating in the U.S.A., are incorporated in the Titan America LLC subgroup (note 14).