1Q22 Earnings Report

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#1CEMEX Presentation 1022 CEMEX Building a better future RENTA 1958 0401 SALON DE LA FAMA DEL BEISBOL MEXICANO Mexican Professional Baseball Hall of Fame, Monterrey, Mexico Built with Pisocret, part of our Vertua family of sustainable products#2CEMEX Building a better future Except as the context otherwise may require, references in this presentation to "CEMEX," "we," "us" or "our" refer to CEMEX, S.A.B. de C.V. and its consolidated entities. The information contained in this presentation contains forward-looking statements within the meaning of the U.S. federal securities laws. We intend these forward-looking statements to be covered by the safe harbor provisions for forward-looking statements within the meaning of the U.S. federal securities laws. These forward-looking statements and information are necessarily subject to risks, uncertainties, and assumptions, including but not limited to statements related CEMEX's plans, objectives, expectations (financial or otherwise), and typically can be identified by the use of words such as "may," "assume," "might," "should," "could," "continue," "would," "can," "consider," "anticipate," "estimate," "expect," "envision," "plan," "believe," "foresee," "predict," "potential," "target," "strategy," "intend," "aimed", and similar terms. Although CEMEX believes that its expectations are reasonable, it can give no assurance that these expectations will prove to be correct, and actual results may vary materially from historical results or results anticipated by forward-looking statements due to various factors. These forward-looking statements reflect, as of the date such forward-looking statements are made, our current expectations and projections about future events based on our knowledge of present facts and circumstances and assumptions about future events, unless otherwise indicated. These statements necessarily involve risks, uncertainties, and assumptions that could cause actual results to differ materially from historical results or those anticipated in this presentation. Among others, such risks, uncertainties, and assumptions include those discussed in CEMEX's most recent annual report and those detailed from time to time in CEMEX's other filings with the Securities and Exchange Commission, which factors are incorporated herein by reference, including, but not limited to: the impact of pandemics, epidemics or outbreaks of infectious diseases and the response of governments and other third parties, including with respect to the novel strain of the coronavirus identified in China in late 2019 and its variants ("COVID-19"), which have affected and may continue to adversely affect, among other matters, the ability of our operating facilities to operate at full or any capacity, supply chains, international operations, availability of liquidity, investor confidence and consumer spending, as well as the availability of, and demand for, our products and services; the cyclical activity of the construction sector; our exposure to other sectors that impact our and our clients' businesses, such as, but not limited to, the energy sector; availability of raw materials and related fluctuating prices; volatility in pension plan asset values and liabilities, which may require cash contributions to the pension plans; the impact of environmental cleanup costs and other liabilities relating to existing and/or divested businesses; our ability to secure and permit aggregates reserves in strategically located areas; the timing and amount of federal, state and local funding for infrastructure; changes in the level of spending for private residential and private nonresidential construction; changes in our effective tax rate; competition in the markets in which we offer our products and services; general political, social, health, economic and business conditions in the markets in which we operate or that affect our operations and any significant economic, health, political or social developments in those markets, as well as any inherent risks to international operations; the regulatory environment, including environmental, energy, tax, labor, antitrust, and acquisition-related rules and regulations; our ability to satisfy our obligations under our material debt agreements, the indentures that govern our outstanding notes and other debt instruments and financial obligations, including our subordinated notes with no fixed maturity and other financial obligations; the availability of short-term credit lines or working capital facilities, which can assist us in connection with market cycles; the impact of our below investment grade debt rating on our cost of capital and on the cost of the products and services we purchase; loss of reputation of our brands; our ability to consummate asset sales, fully integrate newly acquired businesses, achieve cost-savings from our cost-reduction initiatives, implement our pricing initiatives for our products and generally meet our "Operation Resilience" strategy's goals; the increasing reliance on information technology infrastructure for our sales, invoicing, procurement, financial statements and other processes that can adversely affect our sales and operations in the event that the infrastructure does not work as intended, experiences technical difficulties or is subjected to cyber- attacks; changes in the economy that affect the demand for consumer goods, consequently affecting demand for our products and services; weather conditions, including but not limited to, excessive rain and snow, and disasters such as earthquakes and floods; trade barriers, including tariffs or import taxes and changes in existing trade policies or changes to, or withdrawals from, free trade agreements, including the United States-Mexico-Canada Agreement ("USMCA"), which was signed on November 30, 2019 and entered into force on July 1, 2020, superseding the North American Free Trade Agreement ("NAFTA"); availability and cost of trucks, railcars, barges and ships, as well as their licensed operators, for transport of our materials; labor shortages and constraints; terrorist and organized criminal activities as well as geopolitical events, such as war and armed conflicts, including the current war between Russia and Ukraine; declarations of insolvency or bankruptcy, or becoming subject to similar proceedings; and, natural disasters and other unforeseen events (including global health hazards such as COVID-19). Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from historical results, performance or achievements and/or results, performance or achievements expressly or implicitly anticipated by the forward-looking statements, or otherwise could have an impact on us or our consolidated entities. Any or all of CEMEX's forward-looking statements may turn out to be inaccurate and the factors identified above are not exhaustive. Accordingly, undue reliance on forward-looking statements should not be placed, as such forward-looking statements speak only as of the dates on which they are made. These factors may be revised or supplemented, but CEMEX is not under, and expressly disclaims, any obligation to update or correct the information contained in this presentation or any forward-looking statement that it may make from time to time, whether as a result of new information, future events or otherwise. Readers should review future reports filed by us with the U.S. Securities and Exchange Commission and the Mexican Stock Exchange (Bolsa Mexicana de Valores). This presentation also includes statistical data regarding the production, distribution, marketing and sale of cement, ready mix concrete, clinker, aggregates and Urbanization Solutions. Unless the context indicates otherwise, all references to pricing initiatives, price increases or decreases, refer to CEMEX's prices for CEMEX's products. We generated some of this data internally, and some was obtained from independent industry publications and reports that we believe to be reliable sources. We have not independently verified this data nor sought the consent of any organizations to refer to their reports in this presentation. UNLESS OTHERWISE NOTED, ALL FIGURES ARE PRESENTED IN DOLLARS, BASED ON INTERNATIONAL FINANCIAL REPORTING STANDARDS, AS APPLICABLE Copyright CEMEX, S.A.B. de C.V. and its subsidiaries#3Global presence with strong position in the Americas CEMEX Building a better future by product' 2021 Sales $14.5 B by region² 2021 EBITDA $2.86 B by region² Mexico US US 55 24% 25% Cement 42% 33% Ready-mix 31% Mexico 38% 14% 11% SCAC4 14% 34% 11% EMEA³ 3 SCAC4 22% Aggregates EMEA³ Urbanization Solutions 1) Percentages before others and eliminations 3) Europe, Middle East, Africa and Asia 2) Percentages before others and intercompany eliminations 4) South, Central America and the Caribbean 3#4Key achievements in 1st Quarter 2022 . . ■CEMEX Building a better future Double digit growth in Sales with all regions. contributing Expanding EBITDA led by 33% growth in EMEA Consolidated cement prices growing double-digit Strong underlying demand conditions with robust volume growth in US and Europe Urbanization Solutions Sales and EBITDA growing 11% and 10%, respectively Continued rollout of our growth investments Repurchased ~1.5% of shares in quarter The Reflection Space, Monterrey, Mexico Reduction of 4% in CO2 emissions vs 1Q21 4 Built with Evolution, part of our Vertua family of sustainable products#5Sales and EBITDA growth driven by pricing ПCEMEX Building a better future EBITDA Net Sales EBITDA Margin FCF after maint. Capex +12% +3% -1.7pp 3,770 691 20.0% 18.3% 1 3,374 674 -175 1Q21 1Q22 1021 1Q22 1Q21 1Q22 1Q21 1022 Sales growth in all four regions Double-digit EBITDA growth in EMEA Heart of Stone, Merida, Mexico Built with Evolution, part of our Vertua family of sustainable products 5#6Robust volume performance in Europe and US CEMEX Building a better future CONSOLIDATED VOLUMES (l-t-l) 9% 9% US 7% MEX -8% 9% SCAC 0% -2% 1) Grey domestic cement 9% 5% 1Q22 YoY volume variation EUROPE 7% 6% 16% 3% 1% 8% EMEA 5% 7% 6% Cement¹ Ready mix Aggregates 16#7Against unprecedented inflation, we achieved high single digit and double-digit growth in consolidated pricing 1Q22 YoY and QoQ price variation ПCEMEX Building a better future CONSOLIDATED PRICES (l-t-l) 17% 10% 9% 8% 15% 8% 12% 8% 7% EMEA 4% 6% US EUROPE 3% QoQ: 4% 4% 3% 13% 11% 13% 13% 9% 12% 8% 8% 11% 7% 6% 8% MEX Ш 9% 5% 6% 9% Sequential (4Q21 to 1Q22) Cement¹ Ready mix SCAC 0% 1) Grey domestic cement -2% 7% -0% -1% Note: For CEMEX, SCAC, Europe and EMEA, prices (I-t-l) are calculated on a volume-weighted average basis at constant foreign-exchange rates Aggregates 7#8Strong consolidated pricing gain covering variable plus import cost increase ПCEMEX Building a better future 674 28 LO 1Q22 EBITDA variation +3% 305 -233 -32 -56 691 +3% O 691 18.3% 1Q21 Volume Urb. Solutions Price Variable costs & freight Cement & Clinker imports Fixed costs & others 1Q22 I-t-l FX 1Q22 reported 20.0% EBITDA margin -1.7pp#9Aiming to recover EBITDA margins 22.0% 21.0% 20.0% 19.0% 18.0% 17.0% EBITDA margin evolution ПCEMEX Building a better future 1Q21 2Q21 3Q21 4Q21 1Q22 6#10Partially mitigating energy volatility 460 Change in energy cost (4Q14: base 100) CEMEX Building a better future Kiln fuels -5% of COGS + Operating Exp. in 2021 YTD 1Q22 Fuel Source² 2022 Fuel price structure² 420 380 CX Energy1 Henry Hub Nat. Gas ARA Coal USGC Petcoke Alternatives 33% Alternatives 20% Fossil fuels Fixed 36% 340 US Appalachian Coal Dutch TTF Gas Petcoke 35% 21% Coal 300 6% 5% 260 Other Nat. Gas 43% Fossil fuels 220 180 140 Floating Electricity - 4% of COGS + Operating Exp. in 2021 2022 Power price structure² 100 60 Regulated 29% 50% Fixed 20 4Q14 4Q15 4Q16 4Q17 4Q18 4Q19 4Q20 1Q22 1) CX energy cost (kiln fuel and electricity) per ton of cement produced 2) Based on expected consumption of kilocalories for fuels, and consumption of megawatt hours for power 20% Floating 10#11CEMEX Building a better future Advancing our sustainability agenda through our Future in Action program Sustainable products and solutions Innovation . Deliver Net Zero CO2 concrete¹ by 2050 • Joined Race to Zero Committed to Net Zero under a 1.5° Scenario IRACE TO ZERO AMBITION FOR BUSINESS 1.5°C ▶▶▶ Promoting a circular and green economy Decarbonizing operations CO₂ emissions declined 4.7pp in 2021, the largest annual decline we have achieved; and dropped 4pp in 1Q22 YoY 1) Refers to scope 1, 2 and 3 emissions 2) Refers to scope 1 and 2 emissions Aggressive 2030 targets² validated with SBTi Under Well-Below 2° Scenario The most ambitious pathway currently available for our industry SCIENCE BASED TARGETS 11#12800 1990 Our 2030 roadmap - a 40% CO2 reduction Net Kg of CO2 per ton of cementitious 591 577 520 475 2021 1Q22 2025 Alternative fuels Clinker factor Thermal efficiency Remaining emissions 2030 CEMEX Building a better future Developed a detailed plant by plant roadmap Existing and proven technology that we have been using in Europe Main levers include increasing alternative fuels with high biomass content and reduction of clinker factor Pace of regional decarbonization influenced by local norms and regulations. 12#132030 to 2050 Roadmap to Net Zero CO₂ Concrete Net kg CO2 per m³ CEMEX Building a better future Electricity, Supplies & 22 ~35 25 Transport Cement net direct emissions in concrete 165 90 28 24 2030 Cement levers Concrete levers Carbon Capture Recarbonation Clean Electricity Supplies & 2050 Transportation Net-Zero CO2 concrete 13#14Optimize portfolio for growth: Robust pipeline across core businesses and supporting CO₂ agenda + ~$1.1 B bolt-on investments to be deployed in 2022 and beyond 2 Growth investment strategy paying off, with incremental EBITDA of: $100 M expected in 2022 ПCEMEX Building a better future Investments . RMX in San Antonio, TX AGG in Paris, France • Madrid/Baleares, Spain Portfolio rebalancing examples Divestments . Costa Rica & El Salvador • White CEM in Spain • RMX/AGG in southeast France Will continue to pursue opportunistic divestments $500 M in strategic capex in 2022 Accelerating growth investments in 2022#15Debt maturity profile as of March 31, 2022 (Proforma) Proforma¹ total debt as of March 31, 2022: $8,951 million Average life of debt: 5.7 years 2021 Credit Agreement Other bank debt Fixed Income Leases ПCEMEX Building a better future By interest rate² Variable 14% Fixed 86% 956 530 511 271 2022 Millions of U.S. dollars 2023 2024 2025 2,029 2026 1,048 2027 914 853 35 2028 2029 2030 1,803 >2031 1) Giving proforma effect to the purchase of $438.8 M aggregate principal amount of the following Notes: $167.9 principal amount of the 5.20% Notes due 2030, $111.6 M principal amount of the 5.45% Notes due 2029, and $159.3 M principal amount of the 3.875% Notes due 2031, that were validly tendered by holders of the Notes during the tender offer dated March 28, 2022 and early settled on April 13, 2022 and finally settled on April 27. Additionally, reflects a drawdown of $426 M of our Revolving Credit Facility to fund the purchase of these bonds. 2) Includes the effect of interest-rate swap instruments related to bank loans to fix floating rates with a nominal amount of US $1,013 million 15#162022 guidance' Operating EBITDA2 Consolidated volume growth Energy cost/ton of cement produced Capital expenditures Investment in working capital Cash taxes Cost of debt³ Mid single-digit growth Flat for Cement Low to mid single-digit for Ready mix Low to mid single-digit for Aggregates ~35% increase ~$1,200 million total ~$700 M Maintenance, ~$500 M Strategic ~$150 million ~$200 million Reduction of ~$20 million. 1) Reflects CEMEX's expectations as of April 28, 2022 2) Like-to-like for ongoing operations 3) Including perpetual bonds and subordinated notes with no fixed maturity ПCEMEX Building a better future 16#17Regional Highlights CEMEX Building a better future SPLIT AIRPORT, CROATIA#18US: Strong demand amid sold-out markets drive pricing initiatives 9% growth in sales in 1Q22, driven by strong demand across all products, with most of our markets sold out ■CEMEX Building a better future Cement industry demand' Sequential cement prices up 4%, reflecting January price increases in markets representing 40% of volumes • Remaining markets repriced in April and subsequent pricing increases for summer months have been announced On the cost side, imports, logistics, and energy continue to be the biggest headwinds to margins, resulting in a YoY decline, but sequential margins improved almost 1pp We expect low-single digit growth in volumes for cement, ready-mix, and aggregates in 2022, driven by the residential sector and a recovery in I&C With today's challenging global shipping market, will take full advantage of imports, by rail and water from our Mexican operations in order to meet customer needs New infrastructure bill to yield incremental demand for our products by 2023 1) CEMEX estimates I&C 15% Residential 30% Infrastructure 55% EBITDA US$ M +2% 200 196 1Q21 1Q22 EBITDA 19.4% 16.8% margin 18#19Mexico: Successful pricing strategy driving 5% top-line growth . • 1Q22 net sales increased 5% driven by a successful pricing strategy January cement price announcement saw record traction with cement prices up 9% sequentially Cement volumes declined 8% reflecting the rebalancing of demand between informal and formal construction while ready-mix volumes grew 9% Formal sector activity driven by industrial and commercial and formal residential supported by the buildout of manufacturing facilities, nearshoring opportunities, reactivation of tourism and low level of housing inventories We expect our pricing strategy and cost containment initiatives to compensate for inflation challenges. Announced a second price increase in bagged cement effective April 1st Sequential EBITDA margin increased 3.5pp on the back of strong pricing ■CEMEX Building a better future Cement industry demand' Infrastructure I&C 30% Informal residential 37% 9% 24% Formal residential EBITDA US$ M -4% 299 286 1Q21 1Q22 We expect 2022 cement volumes to be flat or decline low-single-digit while ready mix and aggregates increase low-to-mid-single digits EBITDA 36.4% 32.5% margin 19 1) CEMEX estimates#20Europe: Double-digit EBITDA growth, with strong pricing and volume performance across the region CEMEX Building a better future Europe cement industry demand¹ • EBITDA and margin growth 1Q22, with cement volumes rising 16%, led by infrastructure and residential activity, as well as milder winter weather I&C • Prices for our three core products increased between 9% and 13% sequentially, reflecting strong January price increases 26% Residential 37% • • • In April, implemented price increases in markets representing ~40% of European cement volumes, that did not have a January increase We have already announced a second round of price increases to be implemented during 2Q22, to continue compensating for input cost inflation Resilient operations relatively insulated against recent volatility ~65% alternative fuel usage and increasing; less energy intensive products accounting for ~50% of EBITDA; plant network running at high-capacity utilization, surplus of CO2 allowances expected to last until 2025 Guiding for 2022 volumes to be flat for our three core products Medium term demand supported by ~€1.4 T in infrastructure projects by 2030 and by ~€750 B in building and public spaces renovations by 2030 as part of EU Renovation Wave 1) CEMEX estimates 2) Percentages before intercompany eliminations 37% Infrastructure 2021 Europe EBITDA by country² Croatia Czech Rep. 4% 13% UK 31% Poland 16% 16% 21% Germany France 20#21MEAA: Robust 1Q22 performance in Israel and Egypt CEMEX Building a better future • In Israel, construction activity was strong, with ready-mix and aggregates volumes growing, while sequential pricing for our products rose between mid to high single digit In Egypt, we continue to see strong EBITDA growth driven by the industry rationalization plan announced by the government since mid-year 2021 In the Philippines, cement volumes declined 6%, impacted by disruptions caused by Typhoon Odette in December and COVID lockdown measures, while cement prices improved 3% sequentially, marking four consecutive quarters of growth Expecting for 2022 mid-digit cement volumes in the Philippines, while flat to low single-digit growth in Israel for ready-mix and aggregates MEAA Cement industry demand' I&C Infrastructure Residential 29% 41% 30% 2021 MEAA EBITDA by country² Egypt 7% Israel 48% Philippines 45% 1) CEMEX estimates 2) Percentages before intercompany eliminations. MEAA: Middle East, Africa and Asia 21#22SCAC: Improved conditions paving the way for successful pricing • Strong top-line growth of 9% driven by pricing. CEMEX Building a better future Cement industry demand' With high-capacity utilization in most countries within the region, cement prices increased 9% YoY I&C 17% Infrastructure 21% • Formal sector activity continues accelerating while bagged cement moderates 62% • Regional EBITDA declined 3% mainly as a result of higher energy costs. Residential • Announced second round of price increases, effective April 1st, in markets that represent ~30% of cement volumes Favorable expected outlook for cement volumes in Colombia (low-single digit increase) driven by infrastructure and a healthy formal housing sector Expecting Dominican Republic cement volumes to be flat, coming from a 22% increase in 2021, supported by tourism projects and formal housing Reopened a kiln in Dom. Rep. that will increase production capacity by 0.5M MT 2021 SCAC EBITDA by country² Other Panama Nicaragua 7% 5% 8% 31% Dominican Republic Guatemala 13% 1) CEMEX estimates 2) Percentages before intercompany eliminations. 15% 21% Colombia TCL Group 22#23|Annex CEMEX Building a better future SPLIT AIRPORT, CROATIA#242022 expected volume outlook': selected countries/regions Cement CEMEX Flat Mexico Flat to low single digit decline USA Europe Colombia Low single digit increase Flat Low single digit increase Panama Low to mid single digit increase Dominican Republic Flat Israel Philippines N/A Mid single digit increase 1) Reflects CEMEX's expectations as of April 28, 2022. Volumes on a like-to-like basis CEMEX Building a better future Ready Mix Low to mid single digit increase Mid single digit increase Low single digit increase Flat Low teens increase At least 25% increase High single digit to low teens. increase Flat N/A Aggregates Low to mid single digit increase Low to mid single digit increase Low single digit increase Flat N/A N/A N/A Low single digit increase N/A 24#25Relevant ESG indicators Carbon strategy Kg of CO2 per ton of cementitious Alternative fuels (%) Clinker factor CEMEX Building a better future 2030 2025 1Q22 1Q21 4Q21 2021 Customers and suppliers 1Q22 1Q21 4Q21 2021 <475 520 577 601 587 591 50% 43% 33.3% 26.0% 30.3% 29.2% 71% 74% 74.5% 76.1% 75.4% 75.8% Net Promoter Score (NPS) % of sales using CX Go 67 65 69 70 60% 64% 61% 62% Low-carbon products 1Q22 1Q21 4Q21 2021 Health and safety 1Q22 1Q21 4Q21 2021 Blended cement as % of total cement produced Employee fatalities 0 0 1 1 72.5% 67.8% 70.5% 68.3% Vertua cement as % of total 34% 17% N/A N/A Vertua concrete as % of total 31% 16% N/A N/A Employee L-T-I frequency rate Operations with zero fatalities and injuries (%) 0.5 0.3 0.6 0.5 99% 99% 98% 95% GOD 25#26Innovation Recent developments First Movers Coalition FUTURE IN ACTION Successful trials of electric ready-mixers First clinker produced using solar energy CEMEX Building a better future 7 carbon capture pilots across the globe Americas Victorville, California Balcones, Texas Monterrey, Mexico Europe Rüdersdorf, Germany Chelm, Poland Synhelion, Spain Leilac, Germany Disciplined approach to broad spectrum of decarbonization technologies Industry pioneer in hydrogen Green hydrogen project in Mallorca, Spain Hydrogen injection technologies such as HiiROC 26#27Innovation - 7 Industrial scale CCUS pilots by 2023-2024 Rüdersdorf Plant (GER) OCCUS Amines Partners: Carbon Clean, Enertrag, Sunfire CEMEX Building a better future Victorville Plant (California) OCCUS Amines Partners: Carbon Clean / RTI / Oak Ridge Lab Balcones Plant (Texas) OCCUS Membranes Partners: MTR / Sargent & Lundi Monterrey Plant (Mexico) CCUS Cryogenic / Membranes Partner: Air Liquide Chelm Plant (POL) OCCUS Amines Partners: Carbon Clean / Carbon Upcycling Spain Solar clinker production and CCUS Partner: Synhelion LEILAC Consortium (GER) Indirect Calcination and CCUS Partners: Calix and other Over 30 R&D projects to mitigate CO2 emissions in our value chain 27#28Future in Action yielding significant results Vertua Vertua family of sustainable products 4% CO₂ reduction, with 7 plants below 2030 target IN FUTURE IACTION COMMITTED TO NET-ZERO CO₂ Sales of Vertua cement and concrete volumes doubled in 1Q22 Represents >30% of cement and ready-mix volumes sold Goal of 50% of cement and ready-mix sales by 2025 B smart_ innovation Unlocking opportunities through innovation Participating in 7 CCUS industrial pilots Successfully converted 50% of the CO2 directly from the flue gases of our kilns, into carbon nanomaterials Established new consortium for Rüdersdorf Carbon Neutral Alliance to convert CO2 into jet fuel rr Alternative fuels increased 7.3pp to new high of 33.3% Reduced clinker factor by 1.6pp to 74.5% 6 out of 8 plants in the US producing limestone cement Building a Better Future 6th Integrated Annual Report cemex Dear Fellow Stakeholders: Material progress in Climate Action Introduced significant corporate governance changes Available at cemex.com CCUS: Carbon Capture, Utilization and Storage 28#29Digital innovation at the core of all that we do Commercial // CEMEX GO V 4.20.18 Operations Management میرم 61% 68 Global sales Net Promoter Score In 2021 Artificial Intelligence Optimize production, energy consumption and CO2 emissions In 2021 CX 4.0 Operations Q. Arkik Ready-mix management system New functionalities Real time interactions through our customers' journey Drone usage for inventory monitoring Real time emissions monitoring system Working Smarter: Transforming Business Mgmt Adoption of cutting-edge digital technologies • Hardwiring new ways of working Up to $100 M per year savings target CEMEX Building a better future New Business Models Promoting open innovation via: CEMEX ventures NEORIS IT subsidiary Investment examples: VOYAGE CONTROL PARTRUNNER Last Mile solution for Mexico and USA Jobsite delivery coordination platform 29 29#30CO₂ emissions Leading the industry towards Net Zero ПCEMEX Building a better future -20% Proven technologies and practices ~26% CO2 reduction 1990-2021 Progress achieved SCIENCE BASED TARGETS • Well below 2° scenario • Launch of low CO2 products Public policy framework for circular economy R&D for breakthrough technology to reach net zero BUSINESS 1.5°C >> 2022 - 2030 Decisive years AMBITION FOR Full scale deployment of IN FUTURE ACTION COMMITTED TO NET-ZERO CO₂ breakthrough technology 2031 - 2050 Completing Net Zero transition RACE TO ZERO 30#31Unique footprint with superior supply chain capabilities in production constrained markets Far East Mediterranean Most markets in the Americas operating at very high capacity utilization Shipping rates have escalated significantly CEMEX Building a better future Our unique supply chain in the Americas is a competitive advantage under this environment High flexibility to serve production constrained markets 31#32Contact Information CEMEX Building a better future Lucy Rodriguez +1 (212) 317-6007 [email protected] Alfredo Garza +52 (81) 8888-4576 [email protected] Fabián Orta +52 (81) 8888-4139 [email protected] cotiza en Bolsa Mexicana CEMEX CX LISTED NYSE gg ca Global Cement and Concrete Association 32

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