measure of financial position under IFRS, Operating EBITDA is the financial measure used by Cemex’s
management to review operating performance and profitability, for decision-making purposes and to allocate resources. Moreover, our Operating EBITDA is a measure used by Cemex’s creditors to review our ability to internally fund capital
expenditures, service or incur debt and comply with financial covenants under our financing agreements. Furthermore, Cemex’s management regularly reviews our Operating EBITDA Margin by reportable segment and on a consolidated basis as a
measure of performance and profitability. These non-IFRS financial measures do not have any standardized meaning and are therefore unlikely to be comparable to similarly titled measures presented by other
companies. The financial measures presented in the reports, presentations, and documents to be disclosed during Cemex’s fourth quarter 2025 results conference call and audio webcast presentation are being provided for informative purposes only
and shall not be construed as investment, financial, or other advice.
Also, the reports, presentations, and documents to be disclosed during
Cemex’s fourth quarter 2025 results conference call and audio webcast presentation include statistical data regarding the production, distribution, marketing and sale of cement, ready-mix concrete,
clinker, aggregates, and Urbanization Solutions. Cemex generated some of this data internally, and some was obtained from independent industry publications and reports that Cemex believes to be reliable sources. Cemex has not independently verified
this data nor sought the consent of any organization to refer to their reports in the reports, presentations, and documents to be disclosed in the events referenced herein. Cemex acts in strict compliance with antitrust laws and as such, among other
measures, maintains an independent pricing policy that has been independently developed and its core element is to price Cemex’s products and services based upon their quality and characteristics as well as their value to Cemex’s
customers. Cemex does not accept any communications or agreements of any type with competitors regarding the determination of Cemex’s prices for Cemex’s products and services. Unless the context indicates otherwise, all references to
pricing initiatives, price increases or decreases, refer to Cemex’s prices for Cemex’s products.
The information, statements, and
opinions contained in the reports, presentations, and documents to be disclosed during Cemex’s fourth quarter 2025 results conference call and audio webcast presentation are for informational purposes only and do not constitute a public offer
under any applicable legislation, an offer to sell, or solicitation of any offer to buy any securities or financial instruments, or any advice or recommendation with respect to such securities or other financial instruments. You should not construe
any such information or other material as legal, tax, investment, financial, or other advice. Cemex is not responsible for any third-party information referenced.
Cautionary Statement Regarding Environmental, Social, and Governance (“ESG”) and Sustainability-Related Data, Metrics, and Methodologies
The reports, presentations, and documents to be disclosed during Cemex’s fourth quarter 2025 results conference call and audio webcast
presentation include non-financial metrics, estimates, or other information related to ESG and sustainability matters that are subject to significant uncertainties, which may include the methodology,
collection, and verification of data, various estimates, and assumptions, and/or underlying data that is obtained from third parties, some of which cannot be independently verified.
The preparation of certain information on ESG and sustainability matters contained in the reports, presentations, and documents to be disclosed during
Cemex’s fourth quarter 2025 results conference call and audio webcast presentation requires the application of a number of key judgments, assumptions, and estimates. The reported measures reflect good faith estimates, assumptions, and
judgments at the given point in time. There is a risk that these judgments, estimates, or assumptions may subsequently prove to be incorrect and/or, to the extent legally required, may need to be restated or changed. The disclosure of information on
sustainability-related matters is not yet subject to the same recognized or accepted reporting or accounting principles and rules as traditional financial information. Consequently, there are no commonly
accepted reporting practices for us to follow, and ESG metrics among organizations in our industry may not be comparable. In addition, the underlying data, systems, and controls that support non-financial
reporting are generally considerably less sophisticated than the systems and internal control for financial reporting and rely on manual processes. This may result in non-comparable information between
organizations and/or between reporting periods within organizations as methodologies continue to develop and/or be socialized. The further development of or changes to accounting and/or reporting standards could materially impact the performance
metrics, data points, and targets contained in the reports, presentations, and documents to be disclosed during Cemex’s fourth quarter 2025 results conference call and audio webcast presentation, and the reader may not be able to compare non-financial information performance metrics, data points, or targets between reporting periods on a direct like-for-like basis.
Additionally, the information to be disclosed in the reports and documents during Cemex’s fourth quarter 2025 results conference call and
audio webcast presentation contain references to “green,” “social,” “sustainable,” or equivalent-labelled activities, products, assets, or projects. 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 our activities, products, or
assets and/or reporting of such activities and/or reporting of those activities, products, or assets will meet any present or future expectations or requirements for describing or classifying such activities, products, or assets 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.
Cautionary Statement Regarding Forward-Looking ESG or Sustainability Statements
Certain sections in the reports, presentations, and documents to be disclosed during Cemex’s fourth quarter 2025 results conference call and audio
webcast presentation contain ESG- or sustainability-related forward-looking statements, such as aims, ambitions, estimates, forecasts, plans, projections, targets, goals and other metrics, including but not
limited to: climate and emissions, business and human rights, corporate governance, research and development and partnerships, development of products and services that intend to address sustainability-related concerns and sustainability related
targets/ ambitions when finalized, including the implementation of technologies and other initiatives that aim to reduce and/or capture CO2 emissions. These forward-looking statements also include references to specific programs, such as our