Investor Presentaiton

Europe: 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

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