CEMEX, S.A.B. de C.V. announced that it has successfully closed a new €500 million 3-year sustainability-linked term loan (the Term Loan), the proceeds of which will be used to repay other debt. The new Term Loan, which is denominated exclusively in Euros, has nearly identical terms and conditions to those in the Credit Agreement dated October 29, 2021, including guarantor structure, financial covenants and a parallel interest rate margin grid. The Term Loan was issued under CEMEX's Sustainability-linked Financing Framework (the Framework), increasing the amount of debt that is linked to the company's Future in Action strategy and its ultimate vision of a carbon-neutral economy.

All sustainability-linked loans issued under the Framework have the same metrics and adjustments to the interest rate margin. The Joint Bookrunners and Joint Lead Arrangers under the Term Loan are BBVA México, S.A., Institución de Banca Múltiple, Grupo Financiero BBVA México (“BBVA”), BNP Paribas, Citigroup Global Markets Inc., and Mizuho Bank Ltd., New York Branch. Additionally, BBVA acted as Sustainability Structuring Agent.