#1CEMEX Presentation September 2022 CEMEX Building a better future Foro Boca, Veracruz, Mexico Built with Duramax, 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 "will", "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 on which 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: 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, including but not limited to increasing inflation and rising interest rates, 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 demand for consumer goods, consequently affecting the demand for our products and services; weather conditions, including but not limited to, excessive rain and snow, droughts, 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 ПCEMEX Building a better future by product' 1H22 Sales ~$7.9 B by region² 1H22 EBITDA ~$1.4 B by region² Mexico US US 24% 24% Cement 42% 33% Ready-mix 32% Mexico 40% 14% 32% 11% 11% 3 SCAC4 22% EMEA³ 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 14% SCAC4 3#4ПCEMEX Building a better future Key achievements in 2nd Quarter 2022 • Double-digit growth in Sales, with all regions contributing Mid-teen percentage price growth for cement, ready- mix and aggregates YTD prices covering cost inflation EMEA region with high single-digit EBITDA growth Urbanization Solutions Sales and EBITDA growing double-digit Strengthening our 2030 Climate Action commitments Casa Erasto, Mexico City, Mexico Built with Duramax, part of our Vertua family of sustainable products • Reduction of ~3% in CO2 emissions vs 4Q21 · Upgrade from Fitch Ratings; only one notch away from IG rating. . ROCE at 13.2%, well above our cost of capital Evolving our CEMEX Go platform into a full automated experience 4 1) Trailing twelve months as of June 2022, excluding goodwill#5Sales growth driven by pricing Net Sales EBITDA EBITDA Margin FCF after maint. Capex +11% l-t-l -8% |-t-l +7% -10% -3.4pp 4,080 807 21.1% 400 17.7% 3,821 723 154 2Q21 2022 2Q21 2Q22 2Q21 2Q22 2Q21 2Q22 Millions of U.S. dollars ПCEMEX Building a better future Sales growth in all regions with high single-digit EBITDA growth in EMEA The Reflection Space, Monterrey, Mexico Built with Evolution, part of our Vertua family of sustainable products ST 5#6Cement volume performance reflects bagged cement rebalancing and supply chain disruption ПCEMEX Building a better future USA 3% 3% -1% MEX -12% SCAC -5% 1) Grey domestic cement 25% 15% 14% 5% 2Q22 YoY volume variation -1% EUROPE -3% -5% 0% CONSOLIDATED VOLUMES (l-t-l) EMEA -3% -3% -5% 4% 1% Cement¹ Ready-mix Aggregates 16#7Double-digit growth in pricing 15% 12% USA 17% QoQ: 7% 4% 10% 2Q22 YoY and QoQ price change EUROPE 24% 16% 15% MEX 6% 5% 11% 11% 8% SCAC 0% 5% 3% 7% 26% 14% EMEA 10% 9% 5% 0% 23% 13% 9% ПCEMEX Building a better future CONSOLIDATED PRICES (l-t-l) 16% 14% 12% 11% 5% 1% 7% 5% 6% 1) Grey domestic cement Note: For CEMEX, SCAC, Europe and EMEA, prices (I-t-l) are calculated on a volume-weighted average basis at constant foreign-exchange rates Sequential (1Q22 to 2Q22) Cement¹ Ready-mix Aggregates 7#8Prices more than covering cost increases 807 -48 2Q21 EBITDA 21.1% margin Millions of U.S. dollars -8% 2Q22 EBITDA variation 492 -485 -10% ПCEMEX Building a better future 744 ▪-22. 723 ▪-21. Volume Price Variable/Fixed costs, freight, and operating expenses Other businesses 2Q22 I-t-l FX 2Q22 reported & items -3.4pp 17.7%#9YTD pricing is covering inflation in dollar terms Cement¹ $16 $14 $12 Aggregates $2.0 $14.9 $13.5 $1.5 $10 $1.2 $8.4 $8 $1.0 $8.2 $6 $4 $2 ПCEMEX Building a better future Unitary Prices Unitary Costs Ready-mix $10 $9.6 $9.3 $1.8 $8 $1.5 $6.7 $6 $4 $0.7 $0.5 $2 40 $0 $0.0 4Q21 1Q22 2Q22 4Q21 1Q22 2Q22 1) Own produced cement $6.4 40 $0 4Q21 1Q22 2Q22#10ПCEMEX Building a better future Advancing our sustainability agenda through 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 S Decarbonizing operations RID Promoting a circular and green economy CO2 emissions declined ~3% in 1H22 1) Refers to scope 1, 2 and 3 emissions 2) Refers to scope 1 and 2 emissions • RACE TO ZERO AMBITION FOR BUSINESS 1.5°C >> Aggressive 2030 targets² validated with SBTI • Under Well-Below 2° Scenario The most ambitious pathway currently available for our industry SCIENCE BASED TARGETS 10#11Set ambitious scope 3 and managed waste targets CEMEX Scope 3 target of ~20% reduction in purchased clinker, cement, fuels, and transportation vs. 2020 baseline TAKING ACTION TO REDUCE CO2 TRANSPORT EMISSIONS Circular economy target of 40 M tons of managed waste by 2030 (80% increase vs. 2021) Replacing 200 diesel-powered trucks with gas-powered trucks in the Americas wwwww ПCEMEX Building a better future Committed to net-zero CO2 IN FUTURE ACTION 11#12800 1990 Our 2030 roadmap - a 40% CO2 reduction Net Kg of CO2 per ton of cementitious 591 574 520 475 2021 1H22 2025 Alternative fuels Clinker factor Thermal efficiency Remaining emissions 2030 ПCEMEX 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 ПCEMEX 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#14Debt maturity profile as of June 30, 2022 Total debt as of June 30, 2022: $8,729 million Average life of debt: 5.6 years 954 543 506 233 1,922 1,047 ПCEMEX Building a better future 2021 Credit Agreement Other bank debt Fixed Income Leases By interest rate¹ Variable 19% Fixed 81% 879 847 1,764 34 2022 2023 2024 2025 2026 2027 2028 2029 2030 >2031 Millions of U.S. dollars 1) Includes the effect of our interest rate derivatives 14#15ПCEMEX Building a better future 2022 guidance' 1 Operating EBITDA2 Consolidated volume growth Energy cost/ton of cement produced Capital expenditures Investment in working capital Cash taxes Cost of debt³ Low to mid single-digit growth Flat for Cement Low to mid single-digit increase for Ready-mix Low to mid single-digit increase for Aggregates ~35% increase ~$1,300 million total ~$800 M Maintenance, ~$500 M Strategic ~$200 million ~$200 million Reduction of ~$20 million. 1) Reflects CEMEX's expectation as of July 28th, 2022 2) Like-to-like for ongoing operations 3) Including perpetual bonds and subordinated notes with no fixed maturity and the effect of our EUR-USD cross-currency swap 15#16Regional Highlights CEMEX Building a better future Avancer Tower, San Luis, Mexico Built with Fortis, part of our Vertua family of sustainable products#17Mexico: Successful pricing strategy driving top line growth • Volumes continue to be driven by industrial sector with buildout of electronics and furniture manufacturing in northern states Commercial sector improving, supported by hotel construction as the country embraces an influx of tourists Bagged cement volumes returned to normalized levels; difficult prior year comp lapses in 2H22 Pricing strategy contributing significantly to EBITDA and margin, but was more than offset by higher energy and supply chain costs, as well as by product mix Announced 2H22 price increases in all products effective July 1st Our Urbanization Solutions business continues to expand on back of waste management, admixtures and Construrama Supply operations. Expect low to mid-single digit volume decline for cement while ready-mix and aggregates increase high single digit, and low to mid single digit, respectively, for 2022 CEMEX Building a better future Cement industry demand' Infrastructure I&C 30% Informal residential 37% 9% 24% Formal residential Domestic gray cement volumes2 -8% (-1% 1) CEMEX estimates 2) Average daily sales (ADS) 1H21 2H21 2Q22 17#18US: Strong pricing momentum but profitability impacted by supply chain disruption CEMEX Building a better future • Robust top line growth driven by pricing strategy, with double-digit YTD price. growth for our products . Sequential price improvement of 4% to 10% for three core products Cement industry demand' I&C 15% Residential 30% • EBITDA margin impacted by higher energy, maintenance, imports and logistics. 55% . With 80% of annual scheduled shutdowns in 1H22 and less pressure on supply chain, we expect margins to improve in 2H22 Infrastructure • Slight decline in cement volumes a consequence of low inventories, heavy maintenance, and import disruptions EBITDA $M -24% • Expecting industrial & commercial to continue growing due to onshoring of manufacturing activity • New Infrastructure Investment and Jobs Act should yield incremental demand as we head into 2023 2Q21 2Q22 • Guiding for low single-digit increase volume growth in all core products for 2022 EBITDA 18.7% 12.5% margin 18 1) CEMEX estimates#19Europe: Double-digit YTD EBITDA growth as a result of successful pricing strategy • CEMEX Building a better future Europe cement industry demand¹ • Despite significant macro volatility, resilient region benefiting from consolidated vertical footprint, diversified business, and leadership in alternative fuels and renewable energy I&C 26% Residential 37% YTD EBITDA growth of 12% with flattish EBITDA margin, supported by successful pricing strategy Cement prices rising 9% sequentially in 2Q22, and 26% YoY Reached 40% reduction of CO 2, our global target for 2030. Region well on its way to achieve goal of 55% by 2030 37% Infrastructure 2021 Europe EBITDA by country² ● Achieved ~70% alternative fuels usage, among the highest in the industry . • The Renovation Wave, energy transition, defense spending and other relevant infrastructure investments should support volumes in the following years Guiding for 2022 volumes to be flat for cement and aggregates, and flat to low single-digit decline for ready-mix 1) CEMEX estimates 2) Percentages before intercompany eliminations Croatia Czech Rep. 4% 13% UK 31% Poland 16% 16% 21% Germany France 19#20MEAA: Robust performance in Israel and Egypt ПCEMEX Building a better future MEAA Cement industry demand' Residential 29% 41% • In Israel, strong construction activity continued, with ready-mix and aggregates volumes and sequential pricing achieving mid-single digit growth In Egypt, EBITDA keeps improving, driven by industry rationalization plan announced by the government last year In the Philippines, cement volumes declined 11% mainly as a result of bad weather and construction contract ban in leadup to election. Cement prices grew 3% sequentially, the fifth consecutive quarter of improvement Expecting flat to low single-digit decline in cement volumes in the Philippines, while flat and low single-digit volume growth for ready-mix and aggregates, respectively, in Israel, for 2022 I&C Infrastructure 1) CEMEX estimates 2) Percentages before intercompany eliminations. MEAA: Middle East, Africa and Asia 30% 2021 MEAA EBITDA by country² Egypt 7% Israel 48% Philippines 45% 20 20#21SCAC: Double-digit growth in Net Sales driven by prices • . . Top line driven by 11% growth in cement prices. Recovery of the formal sector supported by a pickup in tourism and housing while bagged cement volumes return to more normalized levels Quarterly EBITDA declined 7%, impacted by higher energy and maintenance costs and lower cement volumes In Colombia, cement volumes declined 6% as a result of our pricing strategy In the Dominican Republic, cement volumes declined 4% mainly due to the rebalancing of bagged cement volumes while prices increased 17% in local currency terms Formal sector activity in the Dominican Republic continues to recover mainly driven by tourism, formal housing, and initiation of large infrastructure projects In Colombia, guiding for flat cement volumes and low teens increase for ready-mix Expecting Dominican Republic cement volumes to have a low single-digit decrease and increasing in the low teens percentage for ready-mix 1) CEMEX estimates 2) Percentages before intercompany eliminations. ПCEMEX Building a better future Cement industry demand' I&C 17% Infrastructure 21% 62% Residential 2021 SCAC EBITDA by country² Other Panama Nicaragua 8% Guatemala 13% Dominican 7% 5% 31% Republic 15% 21% Colombia TCL Group 21#22|Annex CEMEX Building a better future Casa Piedra, Acapulco, Mexico Built with Duramax, part of our Vertua family of sustainable products#232022 expected volume outlook': selected countries/regions ПCEMEX Building a better future CEMEX Mexico USA Europe Colombia Cement Flat Low to mid single-digit decline Low single-digit increase Flat Flat Panama Low to mid single-digit increase Dominican Republic Israel Philippines Low single-digit decrease N/A Flat to low single-digit decrease Ready-mix Low to mid single-digit increase High single-digit increase Low single-digit increase Flat to low single-digit decline Low teens increase At least 20% increase 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 1) Reflects CEMEX's expectations as of July 28, 2022. Volumes on a like-to-like basis 23#24Relevant ESG indicators ПCEMEX Building a better future Carbon strategy 1H22 1H21 2021 Customers and suppliers 2Q22 2Q21 2021 Kg of CO2 per ton of cementitious 574 599 591 Net Promoter Score (NPS) 66 68 70 Alternative fuels (%) 33% 28% 29% % of sales using CX Go 59% 66% 62% Clinker factor 74.5% 76.1% 75.8% Low-carbon products 1H22 1H21 2021 Health and safety 1H22 1H21 2021 Blended cement as % of total cement Employee fatalities 1 0 1 74% 70% 68% produced Employee L-T-I frequency rate 0.5 0.5 0.5 Vertua concrete as % of total 32% 20% 20% Operations with zero fatalities and 98% 98% 95% injuries (%) 24#25Partially mitigating energy volatility 540 Change in energy cost (4Q14: base 100) ARA Coal USGC Petcoke ПCEMEX Building a better future Kiln fuels -5% of COGS + Operating Exp. in 2021 YTD 2Q22 Fuel Source² 2022e Fuel price structure² Alternatives 33% 20% Alternatives Fossil fuels Fixed 34% 500 CX Energy¹ 460 Henry Hub Nat. Gas 420 -US Appalachian Coal Dutch TTF Gas 380 Petcoke 36% 340 300 260 220 180 140 100 60 20 4Q14 4Q15 4Q16 4Q17 4Q18 4Q19 4Q20 2Q22 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 21% Coal 6% 4% Other Nat. Gas 46% Fossil fuels Floating Electricity - 4% of COGS + Operating Exp. in 2021 2022e Power price structure² Regulated 29% 54% Fixed 18% Floating 25#26Important progress in growth strategy ~$1.2 B approved bolt-on investment pipeline ~$100 M of incremental EBITDA for 2022 from growth strategy Latest developments: Optimizing our portfolio through: Pending divestment of Costa Rica and El Salvador Partnership for digital growth with Advent in Neoris Strengthens our leadership in industry's digital transformation 65% of Neoris for ~$120 M • Expansion of aggregates business in Germany, accompanied by aggregates recycling capabilities Urbanization Solutions Portfolio: Recent investments: • Performance Materials Industrialized Construction Waste Management Circular Economy Related Services Germany: admixtures • plant upgrade US: Florida block plants Mexico: Recycling facility • Mexico: Consturama Supply warehouses ПCEMEX Building a better future Urb Sol: Offering a wide array of complementary solutions to build the sustainable cities of the future 26#27Evolving CEMEX Go to fully automated customer experience Commercial • Full digital integration within our supply chain Enhancing Customer Experience Digital Automation | Data & Al network to offer real-time options to our customers. COMMERCIAL • Automated digital confirmations to customers Agility to quickly respond to the unexpected • Expecting to materially boost our adoption rate, beyond our current 60% of sales processed through process & Technology CX Go • Increased operational efficiencies and improved customer experience ПCEMEX Building a better future CEMEX GO Supply Chain PRODUCTION SmartOps MANAGEMENT میرم People & Organization Working Smarter 27#28Green Financing Framework: first of its kind in our industry CEMEX Building a better future Project categories Our Green Financing Framework, first in our industry, extends beyond our decarbonization goals to include air quality, clean electricity and water management R Sustainable Pollution Prevention & Control Renewable Energy Energy efficiency Clean transportation Water and Wastewater management To be eligible, projects must adhere to EU Taxonomy which includes certain thresholds such as: • Facilities are expected to result in a carbon intensity below 546 tons of CO2 per ton of cementitious product by 2025. Average carbon intensity of the electricity produced that is used for hydrogen manufacturing is at or below 100 grams of CO2 per kWh. We have identified over $500M of these projects for 2021-2025 28#29Innovation Recent developments First Movers Coalition FUTURE ACTION Successful trials of electric ready-mixers First clinker produced using solar energy ПCEMEX 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 29#30Innovation - 7 Industrial scale CCUS pilots by 2023-2024 Rüdersdorf Plant (GER) OCCUS Amines Partners: Carbon Clean, Enertrag, Sunfire ПCEMEX 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 30#31Future in Action yielding significant results Vertua. Vertua ready-mix reaching ~32% of total RM volumes Vertua brand evolution Vertua. DESIGN OPTIMIZATION Resilia Reinforced by design Vertua Insularis ENERGY EFFICIENCY Comfort by design Vertua RECYCLED MATERIALS neogem CO2 emissions declined ~3% in 1H22 IN FUTURE ACTION COMMITTED TO NET-ZERO CO₂ Vertua. LOWER CARBON Vertua Pervia WATER CONSERVATION Permeable by design Expanding brand to all products with sustainability attributes Reinforcing commitment towards net zero target >20% of cement production already below 2030 target Alternative fuels increased 5pp to new high of 33% Reduced clinker factor by 1.6pp reaching record low of 74.5% Unlocking opportunities through innovation New 2030 scope 3 and circular economy targets' Set ambitious scope 3 and managed waste targets Launched Green financing framework, first in industry Aligning variable compensation to ~4500 employees COOLBROOK Working with Coolbrook to develop technology for the electrification of cement kiln heating Material progress in Rüdersdorf Carbon Neutral Alliance 1) Scope 3 target of ~20% reduction in purchased clinker, cement, fuels, and transportation vs. 2020 baseline. Circular Economy target of 40M tons of managed waste by 2030 (80% increase vs. 2021). 31#32CO₂ 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 ■>✪ AMBITION FOR IN FUTURE ACTION COMMITTED TO NET-ZERO CO₂ 2022 - 2030 Decisive years Full scale deployment of breakthrough technology 2031 - 2050 Completing Net Zero transition RACE TO ZERO 32#33Unique footprint with superior supply chain capabilities in production constrained markets Far East Mediterranean ПCEMEX Building a better future Most markets in the Americas operating at very high capacity utilization Shipping rates have escalated significantly Our unique supply chain in the Americas is a competitive advantage under this environment High flexibility to serve production constrained markets 33#34Contact Information cotiza en CX LISTED ПCEMEX Building a better future Lucy Rodriguez +1 (212) 317-6007 [email protected] Bolsa Mexicana CEMEX NYSE gg ca Global Cement and Concrete Association Alfredo Garza +52 (81) 8888-4576 [email protected] Fabián Orta +52 (81) 8888-4139 [email protected] Scott Pollak +1 (561) 603-7797 [email protected] 34