Investor Presentaiton

Mexico: 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

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