Investor Presentaiton

Partially 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

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