1Q22 Earnings Report

Partially 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

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