Vertua : CEMEX launches first carbon neutral concrete; The Vertua range of low CO2 concrete products offers a decrease in carbon footprint from 30% to 70%, with the possibility to offset and reach carbon neutrality.

CEMEX, S.A.B. de C.V. ('CEMEX') (NYSE: CX) announced the launch of the Vertua low carbon concrete range of products, which is designed to offset residual CO2 and provide a CarbonNeutral concrete product.

The Vertua range offers customers concrete solutions designed for foundations, floors, and walls of buildings, which are designed to allow construction companies to significantly reduce their overall carbon impact. It features a variety of bespoke concrete mix designs and includes the Vertua ultra zero option, which is a CarbonNeutral product. This product achieves a 70% reduction in embodied carbon emissions, with the remaining unavoidable emissions offset through working with Natural Capital Partners, a carbon offset and carbon neutrality specialist.

To contribute to the 70% reduction, CEMEX introduces a new innovative geopolymer cement solution, which was developed at its Global Research & Development Center in Switzerland and can be used in specific applications.

In addition to Vertua ultra zero, the range also features other low carbon concrete products, which can be used in a wide range of applications and include an option for customers to choose the added benefit of offsetting the residual CO2.

'Vertua is part of our ambition to deliver net-zero CO2 concrete globally to all of our customers by 2050. It is also part of our effort to accomplish a 35% reduction of net specific CO2 emissions per ton of cementitious product by 2030,' said Davide Zampini, Head of CEMEX Global R&D and IP Management. 'We are confident that our customers will be receptive to this innovative offer because construction companies seek to reduce their environmental impact, in line with new environmental laws and regulations and the commitments of the Paris Agreement.'

CEMEX initially launched the Vertua low CO2 products in France in July 2018. Following its success, it was introduced in the United Kingdom in early 2020 and complemented by the offsetting option to deliver net zero carbon concrete. The company will launch the range in other geographies during 2020 and 2021.

The product range in France and the United Kingdom has evolved by offering higher carbon reductions and now consists of three products: Vertua classic, Vertua plus and Vertua ultra zero, respectively showing a decrease of the carbon footprint of 30 to 50%, 60% and 70% , when compared to conventional concretes.

About Natural Capital Partners

Natural Capital Partners works with clients to combine business success with positive impact on the environment and society. Through collaboration with global project partners, the development of innovative solutions, and understanding the specific goals of its clients, the company delivers programs for renewable energy, reducing carbon emissions, enabling water stewardship and protecting biodiversity. The company was founded 20 years ago and has more than 300 clients in 34 countries.

The CarbonNeutral Protocol was created and is managed by Natural Capital Partners. It was the first clear set of guidelines for businesses to achieve carbon neutrality back in 2002, and every year since then Natural Capital Partners has continued its commitment to providing a robust framework for credible carbon neutral action. It is reviewed annually with input from the Advisory Council to ensure it reflects the latest developments in emissions measurement and reductions. For further information, please visit: naturalcapitalpartners.com

About CEMEX

CEMEX is a global building materials company that provides high-quality products and reliable services. CEMEX has a rich history of improving the well-being of those it serves through innovative building solutions, efficiency advancements, and efforts to promote a sustainable future. For more information, please visit: www.cemex.com

CEMEX assumes no obligation to update or correct the information contained in this press release. CEMEX is not responsible for the content of any third-party website or webpage referenced to or accessible through this press release. 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. In some cases, these statements can be identified by the use of forward-looking words such as 'may,' 'assume,' 'might,' 'should,' 'could,' 'continue,' 'would,' 'can,' 'consider,' 'anticipate,' 'estimate,' 'expect,' 'plan,' 'believe,' 'foresee,' 'predict,' 'potential.' 'target,' 'strategy,' 'intend' or other similar words. 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. These statements necessarily involve risks and uncertainties that could cause actual results to differ materially from CEMEX's expectations.

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