Mexico - Cemex is supplying Vertua lower-carbon concrete for the construction of Terminal 2 at Puerto Vallarta's International Airport, which aims to be one of the most sustainable terminal buildings in Latin America.

The 68,000 square-meter new terminal is planning to be one of the most efficient in terms of sustainability, with the aim of obtaining LEED certification and minimizing the carbon emissions associated with the construction process. Cemex is contributing over 85,000 cubic meters of Vertua lower-carbon concrete, which will avoid the emission of 16,000 tons of CO2 compared to traditional concretes.

'Puerto Vallarta's International Airport serves as a new window to showcase the best of Mexico to the world, and we are proud to be part of this large-scale project that aims to enhance tourism,' said Ricardo Naya, President of Cemex Mexico. 'Not only are we providing high-quality building materials, but we are also helping lower the project's carbon footprint with our more sustainable solutions.'

The project seeks to create a more sustainable air terminal through several strategies. These actions include the use of more efficient building materials; installing solar panels on the roof of the terminal, which will lower energy consumption by 40% and reducing water consumption by 35%.

Transportation infrastructure is a global priority in an increasingly interconnected world. Airports are key for enhanced tourism and economic growth. By focusing on sustainability in the construction, expansion, and restoration of airports, society can reap these benefits while minimizing their environmental footprint. Cemex provides several solutions to aid in this effort.

These solutions include Vertua, a family of high-quality construction products designed to have a positive impact on the planet. Vertua seeks to allow builders to tailor their projects' sustainable characteristics through its five specific and measurable attributes: lower carbon, energy efficiency, water conservation, recycled materials, and design optimization.

Vertua is a part of Cemex's Future in Action program, which focuses on achieving sustainable excellence through climate action, circularity, and natural resource management with the primary objective of becoming a net-zero CO company by 2050.

About Cemex

Cemex is a global construction materials company that is building a better future through more sustainable products and solutions. Cemex is committed to achieving carbon neutrality through relentless innovation and industry-leading research and development. Cemex is at the forefront of the circular economy in the construction value chain and is pioneering ways to increase the use of waste and residues as alternative raw materials and fuels in its operations with the help of new technologies. Cemex offers cement, ready-mix concrete, aggregates, and urbanization solutions in growing markets around the world, powered by a multinational workforce focused on providing a superior customer experience enabled by digital technologies.

Except as the context otherwise may require, references in this press release to 'Cemex,' 'we,' 'us,' 'our,' refer to Cemex, S.A.B. de C.V. (NYSE: CX) and its consolidated subsidiaries. This press release contains forward-looking statements within the meaning of the U.S. federal securities laws. Cemex intends these forward-looking statements to be covered by the safe harbor provisions for forward-looking statements in the U.S. federal securities laws. These forward-looking statements reflect Cemex's current expectations and projections about future events based on Cemex's knowledge of present facts and circumstances and assumptions about future events, as well as Cemex's current plans based on such facts and circumstances, unless otherwise indicated. These statements necessarily involve risks, uncertainties, and assumptions that could cause actual results to differ materially from Cemex's expectations, including, among others, risks, uncertainties, and assumptions discussed in Cemex's most recent annual report and detailed from time to time in Cemex's other filings with the U.S. Securities and Exchange Commission and the Mexican Stock Exchange (Bolsa Mexicana de Valores), which factors are incorporated herein by reference, which if materialized could ultimately lead to Cemex's expectations, expected results, and/or the project referred herein not producing the expected benefits and/or results.

Forward-looking statements should not be considered guarantees of future performance, nor the results or developments are indicative of results or developments in subsequent periods. These factors may be revised or supplemented, and the information contained in this press release is subject to change without notice, but Cemex is not under, and expressly disclaims, any obligation to update or correct this press release or revise any forward-looking statement contained herein, whether as a result of new information, future events or otherwise, or to reflect the occurrence of anticipated or unanticipated events or circumstances. Any or all of Cemex's forward-looking statements may turn out to be inaccurate. 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. The content of this press release is for informational purposes only, and you should not construe any such information or other material as legal, tax, investment, financial, or other advice.

There is currently no single globally recognized or accepted, consistent, and comparable set of definitions or standards (legal, regulatory, or otherwise) of, nor widespread cross-market consensus i) as to what constitutes, a 'green', 'social,' or 'sustainable' or having equivalent-labelled activity, product, or asset; or ii) as to what precise attributes are required for a particular activity, product, or asset to be defined as 'green', 'social,' or 'sustainable' or such other equivalent label; or iii) as to climate and sustainable funding and financing activities and their classification and reporting. Therefore, there is little certainty, and no assurance or representation is given that such activities and/or reporting of those activities will meet any present or future expectations or requirements for describing or classifying funding and financing activities as 'green', 'social', or 'sustainable' or attributing similar labels. We expect policies, regulatory requirements, standards, and definitions to be developed and continuously evolve over time.

Contact:

Jorge Perez

Tel: +52 (81) 8259-6666

Email: jorgeluis.perez@cemex.com

Scott Pollak

Tel: +1 (212) 317-6011

Email: ir@cemex.com

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