Cemex, S.A.B. de C.V. (Cemex) (NYSE: CX) announces that, on October 5, 2023, it
successfully closed its previously announced offering of $6 billion Mexican pesos of its sustainability-linked long-term notes (certificados bursátiles de largo plazo) (the Notes). Cemex intends to use the proceeds to repay
indebtedness.
This communication does not constitute an offer to acquire, nor a solicitation of an offer to sell or purchase any securities of Cemex in
any transaction.
The Notes and its grantees have not been, and will not be, registered under the provisions of the United States Securities Act of 1933,
as amended (the Securities Act) or any state securities law, nor they were offered or sold in the United States of America.
This
communication does not constitute an offer to sell or a solicitation of an offer to sell or an announcement regarding the Notes in any province or territory of Canada.
The Notes were not offered, sold, distributed, or otherwise made available to any investor in the European Economic Area.
The Notes were not offered, sold, distributed, or otherwise made available to any investor in the United Kingdom.
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The information contained in this
communication is for informational purposes only. Except as the context otherwise may require, references in this communication to Cemex, we, us, our, refer to Cemex, S.A.B. de C.V., and its
consolidated entities. 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. This communication contains forward-looking
statements within the meaning of the U.S. federal securities laws. We intend 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
forward looking statements and information are necessarily subject to risks, uncertainties, and assumptions, including but not limited to statements related to Cemexs plans, objectives, expectations (financial or otherwise) and typically can
be identified by the use of forward-looking words such as may, assume, might, should, could, continue, would, can, consider,
anticipate, estimate, expect, envision, plan, believe, foresee, predict, potential, target, strategy,
intend, aimed or other similar terms. Although Cemex believes that its expectations are reasonable, it can give no assurance that these expectations will prove to be correct, and actual results may vary materially from
historical results or results anticipated by forward-looking statements due to various factors. These forward-looking statements reflect, as of the date such forward-looking statements are made, or unless otherwise indicated, our current
expectations and projections about future events based on our knowledge of present facts and circumstances and assumptions about future events. These statements necessarily involve risks, uncertainties, and assumptions that could cause actual
results to differ materially from historical results to differ or those anticipated in this communication, as well as our expectations. Some of the risks, uncertainties, assumptions, and other important factors that could cause results to differ, or
that otherwise could have an impact on us or our consolidated entities, include, but are not limited to: the impact of pandemics, epidemics or outbreaks of infectious diseases and the response of governments and other third parties, which could
adversely affect, among other matters, the ability of our operating facilities to operate at full or any capacity, supply chains, international operations, availability of liquidity, investor confidence and consumer spending, as well as the
availability of, and demand for, our products and services; the cyclical activity of the construction sector; our exposure to other sectors that impact our and our clients businesses, such as, but not limited to, the energy sector;
availability of raw materials and related fluctuating prices of raw materials, as well as of goods and services in general, in particular increases in prices as a result of inflation; volatility in pension plan asset values and liabilities, which
may require