This annual report on Form 20-F contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements convey our current expectations or forecasts of future events. These statements involve known and unknown risks, uncertainties and other factors, including those listed under “Item 3. Key Information—D. Risk Factors,” which may cause our actual results, performance or achievements to differ materially from the forward-looking statements that we make.
Forward-looking statements typically are identified by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “project,” “plan,” “believe,” “potential,” “continue,” “is/are likely to,” or other similar expressions. Any or all of our forward- looking statements in this annual report on Form 20-F may turn out to be inaccurate. Our actual results could differ materially from those contained in forward-looking statements due to a number of factors, including:
| ● | political, economic and social risk inherent to conducting business in Peru; |
| ● | exchange rates, inflation rates and interest rates; |
| ● | the entry of new competitors into the market we serve; |
| ● | construction activity levels, particularly in the northern region of Peru; |
| ● | private investment and public spending in construction projects; |
| ● | natural disasters, such as floods and earthquakes affecting the northern region of Peru, and global events, such as public health crises and epidemics/pandemics and the worldwide effects thereof and responses thereto; |
| ● | availability and prices of energy, admixtures and raw materials; |
| ● | changes in the regulatory framework, including tax, environmental and other laws; |
| ● | the effects of climate change |
| ● | the successful expansion of our production capacity; |
| ● | our ability to compete with potential substitutes of cement products that may be introduced in the Peruvian construction industry; |
| ● | our ability to maintain and expand our distribution network; |
| ● | international conflicts, such as the current one between Russia and Ukraine, the one in Gaza and in Iran, among others, and the worldwide effects and responses thereto; |
| ● | changes in international trade tariffs, such as those between the United States and China, and the rest of the world, and the worldwide effects and responses thereto; |
| ● | increased cybersecurity threats; |
| ● | our ability to retain and attract skilled employees; and |
| ● | other factors discussed under “Item 3. Key Information—D. Risk Factors.” |
The forward-looking statements in this annual report on Form 20-F represent our expectations and forecasts as of the date of this annual report on Form 20-F. Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date of this annual report on Form 20-F.
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