CRH CRH · USD

19. Segment informationThe Company has the following three operating and reportable segments: Americas Materials Solutions;Americas Building Solutions; andInternational SolutionsThe Americas Materials Solutions segment provides building materials, products and services for the construction and maintenance of public infrastructure and commercial and residential buildings in North America. The primary materials produced by this segment include aggregates, cementitious materials, readymixed concrete and asphalt. This segment also provides paving and construction services for customers. The Americas Building Solutions segment manufactures, supplies and delivers building products for the built environment in communities across North America. Our subsidiaries within this segment offer building and infrastructure solutions serving complex critical infrastructure (such as water, energy, transportation and telecommunications projects) and outdoor living solutions for enhancing private and public spaces.The International Solutions segment provides building materials, products and services across Europe and Australia, for the use in the construction of critical infrastructure, commercial and residential buildings and outdoor living spaces. The segment structure reflects the nature of the financial information reported to and assessed by the Chief Executive Officer, Chief Financial Officer and Chief Operating Officer, who are together determined to fulfill the role of Chief Operating Decision Maker (CODM).The principal factors employed in the identification of the three segments reflected in this note include:(i) the Company’s organizational structure in 2025 (during 2025 the Divisional President fulfilled the role of “segment manager”);(ii) the nature of the reporting lines to the CODM; and(iii) the structure of internal reporting documentation such as management accounts and budgets.The Company’s reportable segments are the same as the Company’s operating segments and correspond with how the CODM regularly reviews financial information to allocate resources and assess performance under the Company’s organizational structure. The CODM uses Adjusted EBITDA as part of their review of the monthly operating results on a segment basis. The CODM considers actual monthly results against the budget and the prior year as part of their assessment of the performance of the business and when making decisions regarding resource allocation.

2. RevenueThe Company disaggregates revenue based on its operating and reportable segments. The Company’s operating and reportable segments are: (1) Americas Materials Solutions, (2) Americas Building Solutions, and (3) International Solutions.Revenue is disaggregated by principal activities and products and by primary geographic market. Business lines are reviewed and evaluated as follows: (1) Essential Materials, (2) Road Solutions, (3) Building & Infrastructure Solutions, and (4) Outdoor Living Solutions.The Essential Materials businesses manufacture and supply aggregates and cementitious materials for use in a range of construction and industrial applications.Road Solutions support the manufacturing, installation and maintenance of public highway infrastructure projects and commercial infrastructure.Building & Infrastructure Solutions provide products that connect and protect critical water, energy and telecommunications infrastructure and deliver complex commercial building projects.Outdoor Living Solutions integrate specialized materials, products and design features to enhance the quality of private and public spaces.

10. DebtLong-term debt as of December 31 was:in $ millionsEffective interest rate20252024Senior Notes (U.S. Dollar denominated unless otherwise noted)3.875% Senior Notes due 20253.93%–1,2501.250% euro Senior Notes due 20261.25%8827803.400% Senior Notes due 20273.49%6006004.000% euro Senior Notes due 20274.13%5885203.950% Senior Notes due 20284.07%9009001.375% euro Senior Notes due 20281.42%7056245.200% Senior Notes due 20295.30%7507504.125% Sterling Senior Notes due 20294.22%5395015.125% Senior Notes due 20305.25%1,250–1.625% euro Senior Notes due 20301.72%8827804.400% Senior Notes due 20314.58%1,000–4.000% euro Senior Notes due 20314.10%8827806.400% Senior Notes due 2033 (i)6.43%2132135.400% Senior Notes due 20345.52%7507505.500% Senior Notes due 20355.57%1,250–4.250% euro Senior Notes due 20354.38%8827805.000% Senior Notes due 20365.15%1,000–5.125% Senior Notes due 20455.25%5005004.400% Senior Notes due 20474.44%4004004.500% Senior Notes due 20484.63%6006005.875% Senior Notes due 20555.97%500–5.600% Senior Notes due 20565.74%500–Bank and Other Debt ObligationsUSD interest-bearing loan due 20274.96%750750PHP interest-bearing loan due 20275.68%391379AUD interest-bearing loan due 20285.26%411–AUD interest-bearing loan due 20295.07%–478AUD interest-bearing loan due 20304.82%258–U.S. Dollar Commercial Paper–1,189Euro Commercial Paper2.20%170347Other obligations7848Unamortized discounts and debt issuance costs(98)(68)Total long-term debt (ii)17,53313,851Less: current portion of long-term debt (iii)(1,055)(2,882)Long-term debt16,47810,969(i) The $300 million 6.400% Senior Notes were issued in September 2003, and at the time of issuance the Senior Notes were partially swapped to floating interest rates. In August 2009 and December 2010, $87 million of the issued Senior Notes were acquired by the Company as part of liability management exercises undertaken and the interest rate hedge was closed out. The remaining fair value hedge adjustment on the hedged item in the Consolidated Balance Sheets was $23 million and $27 million as of December 31, 2025 and 2024, respectively.(ii) Of the Company’s nominal fixed rate debt as of December 31, 2025 and December 31, 2024, $500 million and $1,375 million, respectively, was hedged to daily compounded SOFR using interest rate swaps. Of the Company’s nominal floating rate debt as of December 31, 2025 and December 31, 2024, $nil million and $140 million, respectively, was hedged to fixed rates using interest rate swaps.

14. Income taxesThe summary of the Income before income tax expense for the years ended December 31 was:in $ millions202520242023IncomeU.S.2,7613,0692,729Non-U.S.2,0441,6451,285Total income4,8054,7144,014The summary of the Income tax expense for the years ended December 31 was:in $ millions202520242023Current tax:U.S. - Federal383466632U.S. - State718467Non-U.S.420355290Total current tax expense874905989Deferred tax:U.S. - Federal230187(28)U.S. - State25(5)(12)Non-U.S.(88)(2)(24)Total deferred tax expense (benefit)167180(64)Total income tax expense1,0411,085925Due to the percentage of global operations subject to tax in the United States, the Company uses the U.S. Federal statutory tax rate in the reconciliation of the effective income tax rate. The reconciliation of the applicable U.S. Federal income tax rate to the effective income tax rate was: 202520242023$m%$m%$m%U.S. Federal Statutory Tax rate1,00921.0 %99021.0 %84321 %State and Local Income Taxes, Net of Federal Income Tax Effect (i)711.5 %471.0 %381.0 %Effects of changes in tax laws or rates enacted in current period 30.1 %–– %–– %Effect of Cross-Border Tax Laws–– %–– %–– %Foreign Tax Effects:Ireland Foreign tax rate differential(62)(1.3)%(30)(0.6)%(26)(0.7)% Nondeductible items501.0 %671.4 %481.2 % Other130.3 %(9)(0.2)%(10)(0.3)%Malta Tax credits (234)(4.9)%(281)(6.0)%(259)(6.5)% Changes in valuation allowances1493.1 %1743.7 %1664.1 % Other410.9 %521.1 %391.0 %Philippines Nondeductible impairment of goodwill–– %–– %741.8 % Other120.3 %50.1 %(8)(0.2)%Poland 2– %210.5 %30.1 %Other foreign jurisdictions(27)(0.6)%(12)(0.3)%(11)(0.3)%Tax Credits (12)(0.3)%(15)(0.3)%(19)(0.5)%Changes in Valuation Allowances–– %–– %–– %Non-taxable or Nondeductible items(13)(0.3)%160.3 %(40)(1.0)%Changes in Unrecognized Tax Benefits390.8 %601.3 %872.2 %Effective income tax rate1,04122 %1,08523 %92523 %(i) State taxes in Florida, Michigan, Texas, New Jersey, California, Connecticut, Utah and Oregon made up the majority (greater than 50%) of the tax effect in this category.

16. Share-based compensationShare-based compensation relates primarily to awards granted under the 2025 Equity Incentive Plan (EIP), the 2014 Performance Share Plan (PSP) and the Company’s Savings-related Share Option Scheme. The expense, net of estimated forfeitures, is reflected in Operating income in the Consolidated Statements of Income.The share-based compensation for these plans for the years ended December 31 was:in $ millions202520242023Equity Incentive Plan expense38––Performance Share Plan expense 104123120Share Option expense 123Total share-based compensation143125123Equity Incentive PlanIn May 2025, shareholders approved the adoption of the new EIP, which replaced the PSP. The EIP is intended to align employee and executive interests with long-term shareholder value creation. Under the EIP, the Company granted both PSUs and RSUs to eligible employees. No further awards will be granted under the PSP; however, outstanding awards under that plan will continue to vest under their original terms.Performance Share UnitsPSUs provide an employee with the right to receive shares of the Company’s stock, subject to fulfillment of certain market, performance and service conditions over a vesting period. The number of shares authorized under the EIP during the year ended December 31, 2025 did not exceed 10% of the issued share capital at that time. The performance conditions are as follows for the 2025 PSUs: 25% is subject to a Total Shareholder Return (TSR) performance measured against a tailored peer group; 25% is subject to a RONA target; with the remaining 50% subject to a cumulative cash flow target. Performance for the awards is assessed over a three-year period. Vesting outcomes for PSUs range from 0% to 200% of the target award based on performance.The details of the awards granted under the EIP for the year ended December 31, 2025 were:Number of sharesWeighted average grant date fair valueShares in whole numbersAmounts in $Outstanding at beginning of year–– Granted938,259103.13 Forfeited(8,554)108.03 Outstanding at end of year929,705103.30 The fair value of (i) the portion of awards subject to a cash flow performance target; and (ii) the portion of awards subject to a RONA target; was calculated as the Company’s closing share price at the date the award was granted.

11. LeasesIn the normal course of its business, the Company enters into various leases as the lessee, primarily related to property. The Company also leases plant and machinery, vehicles and equipment.Lease liabilities as of December 31 were:in $ millions20252024Current:Operating lease liabilities286265Finance lease liabilities11667Noncurrent:Operating lease liabilities1,2321,074Finance lease liabilities418190Total lease liabilities2,0521,596The current portion of finance lease liabilities is included within Other current liabilities and the noncurrent portion of finance lease liabilities is included within Other noncurrent liabilities in the Consolidated Balance Sheets.The maturity analysis for the discounted and undiscounted lease liability arising from the Company’s leasing activities as of December 31, 2025, was:in $ millionsOperating leasesFinance leases20263111212027253132202821485202917258203014388Thereafter790225Total minimum lease payments1,883709Less: lease payments representing interest(365)(175)Present value of future minimum lease payments1,518534Less: current portion of lease liabilities(286)(116)Noncurrent portion of lease liabilities1,232418The projections are based on the foreign exchange rates applied at the end of the relevant fiscal year and on interest rates (discounted projections only) applicable to the lease portfolio.The components of lease expense for the years ended December 31 were:in $ millions202520242023Finance leasesAmortization of right-of-use-assets784519Interest on lease liabilities2273Operating leases292262293Short-term leases319301329Variable leases788085Total lease expense (i)789695729(i) Income from subleasing transactions is not material for the Company.The weighted average remaining lease term and discount rates as of December 31 were:20252024Weighted average remaining lease term (years)Operating leases1010Finance leases1011Weighted average discount rate (%)Operating leases4.32%3.86%Finance leases4.94%5.

3. AcquisitionsThe Company strategically acquires companies in order to increase its footprint and offer products and services that diversify its existing offerings. These acquisitions are accounted for as business combinations using the acquisition method, whereby the purchase price is allocated to the assets acquired and liabilities assumed, based on their estimated fair values at the date of the acquisition, with the remaining amount recorded in Goodwill.On September 15, 2025 the Company acquired Eco Material, a leading supplier of supplementary cementitious materials headquartered in South Jordan, Utah for a total consideration, net of cash acquired, of $2,066 million. The Eco Material acquisition is reported in the Americas Materials Solutions segment. Due to the size and scale of Eco Material, the determination of the fair values of identifiable assets acquired and liabilities assumed as disclosed are provisional.During 2025, the Company completed the acquisition of 37 other companies in addition to Eco Material. The total cash consideration for these acquisitions, net of cash acquired, was $1,790 million.

CRH leverages its Enterprise Risk Management (ERM) framework, which accords with internationally recognized standards, to identify, assess, respond, monitor, manage, and report material cybersecurity risks facing the Company. CRH manages cybersecurity risk at multiple levels within the Company. Given CRH’s wide geographic spread, the frequency and possible scale of acquisition activity, the diversity of the types of IT systems operated by CRH companies, and the decentralized nature of its operations, CRH implements an amalgam of centralized and decentralized processes for IT management. Under this model, Company-level management and the management of CRH’s operating companies and business units share responsibility for cybersecurity management and collaborate on assessing, identifying, and managing material risks.CRH’s operating companies and business units use a variety of tools and processes to identify and manage material cybersecurity risks. CRH utilizes multiple monitoring tools and practices to identify and detect unusual activities and/or potential cybersecurity incidents, including potential system breaches, and to verify the effectiveness of protective measures. CRH’s operating companies and business units implement various risk mitigation strategies, including continuously strengthening security measures, improving incident response plans through post-incident evaluations and assessments, investing in security technologies, providing regular and focused employee training, and transferring risk through cybersecurity insurance. At the Enterprise-level, CRH conducts a semi-annual bottom-up risk assessment focused on CRH’s operating companies and business units, including cybersecurity-related risks, which evaluates the impact and likelihood of the identified cyber risks and the effectiveness of existing security measures, policies, and procedures. CRH also requires that each operating company completes a self-assessment regarding its cyber controls and risk, including user awareness training, email security protection, multi-factor authentication, system patch management, identity management, network segregation, antivirus and web protections, asset inventory, privileged access management, logging, monitoring, and incident response capabilities.