Directors and employees of CRH plc and its subsidiaries (“CRH Persons”) | •Please note certain CRH Persons are subject to additional restrictions and procedures – such additional restrictions and procedures are addressed in detail in Section IV of this Policy. |
Each CRH Person’s spouse or domestic partner, minor children and step-children, family members residing in the same household, and financially dependent relatives (“Related Persons”) | •Each CRH Person is responsible for ensuring his or her own compliance and the compliance of individuals who qualify as Related Persons because of their relationship. •You should ensure that such Related Persons are aware of the restrictions of this Policy and the need to consult with you before transacting in securities covered by this Policy. |
Entities, including any corporations, partnerships or trusts, that a CRH Person influences or controls (“Controlled Entities”) | •Transactions by Controlled Entities are treated for the purposes of this Policy as if they were for the account of the CRH Person influencing or controlling such entity. |
No Trading on MNPI | Covered Persons may not, directly or indirectly: •transact in CRH securities, directly or through other persons or entities, or recommend that others transact in CRH securities, when aware of MNPI relating to CRH, •transact in any other company’s securities, directly or through other persons or entities, or recommend that others transact in such securities when aware of MNPI relating to CRH or the other company obtained during the Covered Person’s employment or relationship with CRH, or |
No Tipping | •If a Covered Person learns of MNPI during his or her relationship with CRH, he or she may not give that MNPI to others or recommend to others that they buy or sell any securities while aware of such information. •This is known as “tipping” and can result in the same civil and criminal penalties that apply to insider trading, even though the Covered Person did not trade and did not gain directly any benefit from another’s trading. |
Additional Covered Transactions | CRH prohibits Covered Persons from engaging in certain speculative transactions in CRH securities or in other types of transactions that may lead to inadvertent violations of the insider trading laws. Accordingly, a Covered Person’s trading in CRH securities is subject to the following additional guidance: •Short Sales. Covered Persons may not engage in short sales of CRH securities. •Gifts. Gifts of CRH securities are subject to the restrictions of this Policy. Covered Persons may not gift CRH securities to others while in possession of MNPI. •Hedging and Pledging of CRH Securities. CRH has separately adopted its Policy on Pledging or Hedging Securities. Covered Persons should familiarize themselves with the requirements of this policy. •Standing Orders. A Standing Order is an order to buy or sell securities that remains active until it is filled or cancelled (for example, to buy or sell securities at a certain price for a certain period of time). Standing Orders should be used only (i) within 2 business days of the granting of pre- clearance in the case of Additional Restricted Persons, as defined below, or (ii) for a maximum of 2 business days in the case of other Covered Persons. |
No Exception for Hardship. | The existence of a personal financial emergency does not excuse a Covered Person from compliance with this Policy and the laws prohibiting insider trading. |
Benefit & Retirement Plans | •This Policy shall not apply to the receipt of awards, or the vesting of such awards, pursuant to any CRH benefit plans or any share plan / scheme that may be put in place from time to time for the benefit of CRH employees (each, a “Benefit Plan”), including CRH’s Performance Share Plan, Restricted Share Plan, Deferred Share Bonus Plan, or Savings-related Share Option Scheme. •Covered Persons may make ongoing investments in any CRH retirement saving plan or any similar investment plan (each, a “Retirement Plan”) pursuant to earlier elections made at a time when the Covered Person was unaware of MNPI. |
Vested Option Exercises | •Covered Persons may exercise vested options to purchase CRH securities by paying the full exercise price in cash •Sales of the CRH securities received upon such exercise may only be sold in accordance with this Policy and while the Covered Person is not aware of MNPI. |
All Employee Share Plans | •This Policy’s trading restrictions do not apply to the purchases of securities in any CRH share participation plans & schemes that may be in effect from time to time (any such plan, an “SPPS”) that result from periodic payroll contributions under an election a Covered Person made at the time of enrollment when the Covered Person was unaware of MNPI. |
Mutual & Exchange-Traded Funds | •Covered Persons may buy or sell investments in publicly traded mutual funds or exchange-traded funds. |
Approved “10b5-1 Plans” | •Covered Persons may transact in CRH securities pursuant to an approved “10b5-1 plan”. 10b5-1 plans are written trading plans which, subject to meeting certain requirements, allow for the sale or purchase of a predetermined number of securities at a specific time and price. •Covered Persons can enter into, amend or terminate a 10b5-1 plan only when not aware of MNPI. •Once a Covered Person signs the plan, he or she must not exercise any influence over the amount of securities to be traded, the price at which they are to be traded, or the date of the trade. •Rule 10b5-1 includes restrictions as to when and how often 10b5-1 plans may be entered into and are subject to a cooling off period before they are active. •Advice must be taken from personal counsel prior to entering into a 10b5-1 plan. •All 10b5-1 plans, including any amendment, deviation, termination or cancellation of a scheduled transaction, must be approved in writing in advance by the Office of the Company Secretary or Group General Counsel and must comply with all of the requirements set forth in Rule 10b5-1(c) of the Securities Exchange Act of 1934, as amended. |
Blackout Windows | •During the below listed blackout periods, Additional Restricted Persons may not transact in CRH securities or adopt, amend or terminate a 10b5-1 plan. •If an Additional Restricted Person ceases their employment with CRH or otherwise ceases to qualify as an Additional Restricted Person during a blackout period, he or she will remain subject to the restrictions of such blackout period until it has ended. •CRH’s blackout periods are: othe period beginning 14 calendar days prior to the end of each fiscal quarter and ending one full U.S. trading day (being NYSE trading hours beginning at 9:30 a.m. and ending at 4:00 p.m., times shown U.S. Eastern) following the public release of CRH’s earnings for such fiscal quarter, unless otherwise notified by the Office of the Company Secretary or the Group General Counsel, and oany event-specific blackout periods determined at the discretion of the Disclosure Committee, the Office of the Company Secretary or the Group General Counsel. |
Pre-Clearance Requirement | •The following pre-clearance arrangements will apply prior to: a)the completion of any transaction in CRH securities (including gifts of CRH securities); or |