CEMEX B de C : provides Vertua lower carbon concrete for sustainable building in Poland

CEMEX provides Vertua lower carbon concrete for sustainable building in Poland

October 20, 2021

• The company supplied Vertua lower carbon concrete to a sustainable flagship office building in Warsaw.
• The project expects to receive WELL, LEED and Building without Barriers certifications.

CEMEX, S.A.B. de C.V. ("CEMEX") announced today that it is supplying Vertua, its groundbreaking lower carbon concrete, for the construction of Warsaw's P180 office building, a sustainable project that prioritizes the environment and wellbeing of its occupants. CEMEX was the first company to introduce a carbon-neutral concrete.

Vertua is part of a family of lower carbon building materials which include the first-ever net-zero CO₂ concrete. Vertua is at the center of CEMEX's efforts to provide its customers with products and solutions that allow them to achieve the lowest possible carbon footprint and their most ambitious sustainability targets. The company supplied 3,500 m³ of Vertua concrete to the office building, which is expected to be completed by the third quarter of 2022.

The P180 office building, designed by the renowned Polish architectural firm PRC Architekci and developed and built by Skanska - one of the leading development and construction companies in Europe - required a concrete product that could align with its sustainable vision. The project expects to receive green building certification by Leadership in Energy and Environmental Design (LEED) and the WELL Health & Safety Rating from the International WELL Building Institute, which certifies spaces that put the wellbeing of its occupants first.

"We are excited to supply Vertua concrete for the construction of this sustainable and innovative building in Poland," said Sergio Menendez, President of CEMEX Europe, Middle East, Africa & Asia. "With Vertua, we help our customers to achieve their desired sustainability goals of their projects. This solution is part of CEMEX's brand family, created to support sustainable construction around the world."

CEMEX introduced lower carbon products in 2018 and carbon-neutral products in 2020 and began its global rollout in 2021. Vertua ready-mix concrete was developed by innovative breakthroughs led by CEMEX's R&D center in Switzerland, and it is a crucial part of CEMEX's ambition to achieve carbon neutrality as part of its Future in Action program.

Under its Future in Action program, CEMEX announced a climate action target of reducing >40% in its CO₂ emissions by 2030. The company´s clean electricity consumption will also increase to 55% by 2030. These goals also align with the well-below 2^°C scenario and enable the company to reaffirm its 2050 goal of being net-zero carbon in concrete. The Science Based Targets initiative ("SBTi") recently validated the company's 2030 global carbon emissions targets under the Beyond Two Degree scenario, currently the most ambitious pathway for the industry.

CEMEX (NYSE: CX) is a global construction materials company that is building a better future through 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 use 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. For more information, please visit: cemex.com

Note: Percentage variations related to kilograms of CO₂ emissions per ton of cementitious materials or cubic meters of concrete are compared to the company´s 1990 baseline.

CEMEX assumes no obligation to update or correct the information contained in 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. 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. 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. CEMEX is not responsible for the content of any third-party website or webpage referenced to or accessible through this press release.