CEMEX, S.A.B. de C.V. announced that U.S.D 291,177,000 aggregate principal amount of the outstanding 3.875% Notes due 2031 (the “2031 Notes”), U.S.D 81,944,000 aggregate principal amount of the outstanding 5.200% Notes due 2030 (the “2030 Notes”) and U.S.$98,795,000 aggregate principal amount of the outstanding 5.450% Notes due 2029 (the “2029 Notes” and, collectively with the 2031 Notes and the 2030 Notes, the “Notes”), in each case issued by CEMEX, were validly tendered by holders of the Notes at or prior to the early tender deadline of 8:00 a.m., New York City time, on September 28, 2022 (the “Early Tender Date”), pursuant to CEMEX's previously announced cash tender offer (the “Tender Offer”) to purchase the Notes for an aggregate purchase price, excluding accrued and unpaid interest, of up to U.S.D 400,000,000 (the “Aggregate Maximum Tender Amount”). The Tender Offer is being made pursuant to the Offer to Purchase dated September 14, 2022 (the “Offer to Purchase”) and the related letter of transmittal. Since Notes in excess of the Aggregate Maximum Tender Amount have been validly tendered in the Tender Offer on or prior to the Early Tender Date, CEMEX has accepted for purchase U.S.D 468,076,000 aggregate principal amount of the tendered Notes, including all U.S.D 91,177,000 aggregate principal amount of the 2031 Notes, U.S.D 81,944,000 aggregate principal amount of the 2030 Notes and U.S.D 94,955,000 of the 2029 Notes, and will pay holders of the 2029 Notes on a pro rata basis according to the proration procedures described in the Offer to Purchase.

The early settlement date on which CEMEX will make payment for such 2031 Notes, 2030 Notes and 2029 Notes accepted in the Tender Offer is expected to be September 30, 2022 (the “Early Settlement Date”). Any 2029 Notes that are not accepted for purchase due to proration will be promptly returned to such holder. Holders of Notes who tender after the Early Tender Date will not have any of their Notes accepted for purchase.

Any tendered Notes that are not accepted for purchase will be returned or credited without expense to the holder's account.