UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 or 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of February, 2019

Commission File Number: 001-14946

CEMEX, S.A.B. de C.V.

(Translation of Registrant’s name into English)

Avenida Ricardo Margáin Zozaya #325, Colonia Valle del Campestre,

San Pedro Garza García, Nuevo León 66265, México

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

Form 20-F  ☒                Form 40-F  ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):  ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):  ☐

Contents

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, CEMEX, S.A.B. de C.V. has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

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EXHIBIT INDEX

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Exhibit 1

CEMEX REPORTS TOP-LINE GROWTH OF 6%, FREE CASH FLOW GENERATION

IN EXCESS OF US$900 MILLION AND DEBT REDUCTION OF CLOSE TO US$1 BILLION DURING 2018

MONTERREY, MEXICO, FEBRUARY 7, 2019– CEMEX, S.A.B. de C.V. (“CEMEX”) (NYSE: CX), announced today that, on a like-to-like basis for the ongoing operations and adjusting for currency fluctuations, consolidated net sales increased by 4% during the fourth quarter of 2018 to US$3.5 billion, and increased 6% for the full year 2018 to US$14.4 billion versus the comparable periods in 2017. Operating EBITDA, also on a like-to-like basis, remained flat during the fourth quarter of 2018 at US$604 million and increased by 1% for the full year to US$2.6 billion versus 2017.

CEMEX’s Consolidated Fourth-Quarter 2018 Financial and Operational Highlights

“We are pleased with our 6% top-line growth during 2018, supported by higher consolidated volumes and prices in our three core products. Operating EBITDA grew by 1% on a like-to-like basis in this period,” said Fernando A. Gonzalez, Chief Executive Officer of CEMEX.

“During 2018, we generated more than US$900 million in free cash flow after maintenance capex, with a strong EBITDA-to-free-cash-flow conversion rate, which allowed us to reduce our total debt by 8%, or close to US$1 billion. We also made significant advances under our A Stronger CEMEX plan during the second half of last year and are on track to achieve our 2019 and 2020 targets under this program.”

Consolidated Corporate Results

During the fourth quarter of 2018, controlling interest net loss was US$37 million, versus a loss of US$105 million in the same period last year. Controlling interest net income for the full year was US$543 million, a decline from an income of US$806 million in 2017.

Total debt plus perpetual notes decreased by US$239 million during the quarter. During 2018, total debt plus perpetual notes was reduced by approximately US$952 million, which represents an 8% reduction from the debt level as of the end of 2017, and a 40% reduction compared to the end of 2013.

Geographical Markets Fourth-Quarter 2018 Highlights

Net sales in our operations in Mexico, on a like-to-like basis, increased 5% in the fourth quarter of 2018 to US$776 million. Operating EBITDA, on a like-to-like basis remained flat at US$265 million in the quarter, versus the same period of last year.

CEMEX’s operations in the United States reported net sales of US$905 million in the fourth quarter of 2018, an increase of 8% on a like-to-like basis from the same period in 2017. Operating EBITDA increased by 6% on a like-to-like basis to US$168 million versus the same quarter of 2017.

CEMEX’s operations in South, Central America and the Caribbean reported net sales of US$425 million during the fourth quarter of 2018, a decline of 6% on a like-to-like basis over the same period of 2017. Operating EBITDA decreased by 8% on a like-to-like basis to US$93 million in the fourth quarter of 2018, from US$105 million in the same quarter of 2017.

In Europe, net sales for the fourth quarter of 2018 increased by 5% on a like-to-like basis, compared with the same period last year, reaching US$914 million. Operating EBITDA was US$87 million for the quarter, 8% lower than the same period last year on a like-to-like basis.

Operations in Asia, Middle East and Africa reported stable net sales in the fourth quarter of 2018, at US$346 million, versus the same quarter of 2017 on a like-to-like basis. Operating EBITDA for the quarter was US$42 million, 17% lower on a like-to-like basis than the same period last year.

CEMEX is a global building materials company that provides high quality products and reliable service to customers and communities in more than 50 countries. CEMEX has a rich history of improving the well-being of those it serves through innovative building solutions, efficiency advancements, and efforts to promote a sustainable future.

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This press release contains forward-looking statements and information that are necessarily subject to risks, uncertainties and assumptions. Many factors could cause the actual results, performance or achievements of CEMEX, including the objectives under the “A Stronger CEMEX” plan, to be materially different from those expressed or implied in this release, including, among others, changes in general economic, political, governmental and business conditions globally and in the countries in which CEMEX does business, changes in interest rates, changes in inflation rates, changes in exchange rates, the level of construction generally, changes in cement demand and prices, changes in raw material and energy prices, changes in business strategy and various other factors. Should one or more of these risks

or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described herein. CEMEX assumes no obligation to update or correct the information contained in this press release. Readers are urged to read this press release and carefully consider the risks, uncertainties and other factors that affect CEMEX’s business. The information contained in this press release is subject to change without notice, and CEMEX is not obligated to publicly update or revise forward-looking statements. Readers should review future reports filed by CEMEX with the U.S. Securities and Exchange Commission.

Operating EBITDA is defined as operating income plus depreciation and operating amortization. Free Cash Flow is defined as Operating EBITDA minus net interest expense, maintenance and expansion capital expenditures, change in working capital, taxes paid, and other cash items (net other expenses less proceeds from the disposal of obsolete and/or substantially depleted operating fixed assets that are no longer in operation). Net debt is defined as total debt minus the fair value of cross-currency swaps associated with debt minus cash and cash equivalents. The Consolidated Funded Debt to Operating EBITDA ratio is calculated by dividing Consolidated Funded Debt at the end of the quarter by Operating EBITDA for the last twelve months. All of the above items are presented under the guidance of International Financial Reporting Standards as issued by the International Accounting Standards Board. Operating EBITDA and Free Cash Flow (as defined above) are presented herein because CEMEX believes that they are widely accepted as financial indicators of CEMEX’s ability to internally fund capital expenditures and service or incur debt. Operating EBITDA and Free Cash Flow should not be considered as indicators of CEMEX’s financial performance, as alternatives to cash flow, as measures of liquidity or as being comparable to other similarly titled measures of other companies.

Exhibit 2

2018 FOURTH QUARTER RESULTS ï,§ Stock Listing Information NYSE (ADS) Ticker: CX Mexican Stock Exchange Ticker: CEMEXCPO Ratio of CEMEXCPO to CX = 10:1 ï,§ Investor Relations In the United States: + 1 877 7CX NYSE In Mexico: + 52 (81) 8888 4292 E-Mail: ir@cemex.com

Operating and financial highlights    January—December Fourth Quarter    l-t-l    l-t-l 2018 2017 % var % var 2018 2017 % var % var Consolidated cement volume 69,390 68,221 2%    16,698 17,159 (3%)    Consolidated ready-mix volume 53,260 51,741 3% 13,192 13,085 1% Consolidated aggregates volume 149,819 147,354 2% 37,226 36,931 1% Net sales 14,375 13,635 5% 6% 3,450 3,414 1% 4% Gross profit 4,875 4,692 4% 5% 1,160 1,183 (2%) 2% as % of net sales 33.9% 34.4% (0.5pp) 33.6% 34.7% (1.1pp) Operating earnings before other 1,724 1,727 (0%) 2% 396 410 (4%) (0%) expenses, net    as % of net sales 12.0% 12.7% (0.7pp) 11.5% 12.0% (0.5pp) Controlling interest net income (loss) 543 806 (33%) (37) (105) 65% Operating EBITDA 2,558 2,574 (1%) 1% 604 625 (3%) (0%) as % of net sales 17.8% 18.9% (1.1pp) 17.5% 18.3% (0.8pp) Free cash flow after maintenance    918 1,290 (29%) 403 680 (41%) capital expenditures    Free cash flow 756 1,151 (34%) 337 623 (46%) Total debt plus perpetual notes 10,397 11,349 (8%) 10,397 11,349 (8%) Earnings (loss) of continuing operations    0.35 0.41 (16%)                (0.02)    (0.07) 66% per ADS Fully diluted earnings (loss) of    (1) 0.35 0.41 (16%)                (0.02)    (0.07) 66% continuing operations per ADS    Average ADSs outstanding 1,542.6 1,516.8 2% 1,543.7 1,540.2 0% Employees 42,141 40,307 5%    42,141 40,307 5%     This information does not include discontinued operations. Please see page 15 on this report for additional information. Cement and aggregates volumes in thousands of metric tons. Ready-mix volumes in thousands of cubic meters. In millions of U.S. dollars, except volumes, percentages, employees, and per-ADS amounts. Average ADSs outstanding are presented in millions. Please refer to page 13 for end-of quarter CPO-equivalent units outstanding. (1)For the period January-December 2018, the effect of the potential dilutive shares generates anti-dilution; therefore, there is no change between the reported basic and diluted loss per share.     Consolidated net sales in the fourth quarter of 2018 reached US$3.5 billion, representing an increase of 1%, or an increase of 4% on a like-to-like basis for the ongoing operations and adjusting for foreign exchange fluctuations, compared with the fourth quarter of 2017. The like-to-like increase was due to higher local-currency prices for our products in all of our regions, as well as higher volumes mainly in the ready-mix and aggregates businesses in Mexico and the U.S.    Cost of sales as a percentage of net sales increased by 1.1pp during the fourth quarter of 2018 compared with the same period last year, from 65.3% to 66.4%. The increase was mainly driven by higher energy costs as well as higher volumes of purchased cement and clinker.    Operating expenses as a percentage of net sales decreased by 0.4pp during the fourth quarter of 2018 compared with the same period in 2017, from 22.6% to 22.2%, mainly as a result of our cost reduction initiatives. Operating EBITDA decreased 3% to US$604 million during the fourth quarter of 2018 compared with the same period last year or remained flat on a like-to-like basis for the ongoing operations and adjusting for foreign-exchange fluctuations. Higher contributions from the U.S. were offset by declines in the rest of our regions. Operating EBITDA margin decreased by 0.8pp, from 18.3% in the fourth quarter of 2017 to 17.5% this quarter. Gain (loss) on financial instruments for the quarter was a loss of US$32 million, resulting mainly from the derivatives related to the shares of GCC. Other expenses, net, for the quarter were US$212 million, which includes severance payments and impairment of assets. Foreign exchange results for the quarter was a gain of US$13 million, mainly due to the fluctuation of the Mexican peso versus the U.S. dollar. Controlling interest net income (loss) was a loss of US$37 million in the fourth quarter of 2018, compared with a loss of US$105 million in the same quarter of 2017. This lower loss primarily reflects higher operating earnings, lower financial expenses, lower income tax and a positive effect in non-controlling interest net income, partially offset by higher losses from financial instruments and a negative variation in foreign exchange fluctuations. Total debt plus perpetual notes decreased by US$239 million during the quarter. 2018 Fourth Quarter Results                Page 2

Operating results Mexico January—December Fourth Quarter l-t-l l-t-l 2018 2017 % var 2018 2017 % var % var % var Net sales 3,299 3,095 7% 9% 776 781 (1%) 5% Operating EBITDA 1,176 1,145 3% 5% 265 277 (4%) 0% Operating EBITDA margin 35.6% 37.0% (1.4pp)    34.1% 35.5% (1.4pp)    In millions of U.S. dollars, except percentages. Domestic gray cement Ready-mix Aggregates Year-over-year January—December Fourth Quarter January—December Fourth Quarter January—December Fourth Quarter percentage variation Volume 1% (2%) 10% 4% 10% 4% Price (USD) 0% (3%) 5% (1%) 5% 1% Price (local currency) 3% 2% 8% 5% 8% 7% In Mexico, daily volumes for both ready-mix and aggregates increased by 5%, while our daily domestic gray cement volumes remained stable during the fourth quarter of 2018, on a year-over-year basis. During the full year 2018, domestic gray cement, ready-mix and aggregates volumes increased by 1%, 10% and 10%, respectively, versus 2017. Cement volumes during the year were supported by increased demand from the formal residential and industrial-and-commercial sectors mitigated by lower infrastructure activity. Quarterly domestic gray cement prices in local currency increased by 2% year-over-year and remained flat sequentially. In the formal residential sector, investment in mortgages for new home acquisitions continued to grow as INFONAVIT surpassed its 2018 target. In the industrial-and-commercial sector, favorable dynamics continued in tourism, office-space and manufacturing-related construction. Indicators related with the self-construction sector, such as employment levels, consumer confidence and remittance inflows remained solid during the quarter. United States     January—December Fourth Quarter l-t-l l-t-l 2018 2017 % var 2018 2017 % var % var % var Net sales 3,748 3,484 8% 9% 905 838 8% 8% Operating EBITDA 644 604 7% 7% 168 158 6% 6% Operating EBITDA margin 17.2% 17.3% (0.1pp)    18.5% 18.8% (0.3pp)                In millions of U.S. dollars, except percentages. Domestic gray cement Ready-mix Aggregates Year-over-year January—December Fourth Quarter January—December Fourth Quarter January—December Fourth Quarter percentage variation Volume 5% (2%) 8% 5% 3% 1% Price (USD) 3% 2% 2% 2% 5% 5% Price (local currency) 3% 2% 2% 2% 5% 5% In the United States, our domestic gray cement volumes declined by 2%, while ready-mix and aggregates volumes increased by 5% and 1%, respectively, during the fourth quarter of 2018 on a year-over-year basis. During the full year, domestic gray cement, ready-mix and aggregates volumes increased by 5%, 8% and 3%, respectively, on a year-over-year basis. Our cement prices during the quarter increased by 2% year-over-year and remained stable sequentially.    Our volume growth during the fourth quarter was disrupted by adverse weather conditions. Residential and infrastructure activity were the main drivers of volume growth in the fourth quarter, with year-to-date November housing starts up 5% year over year. In the industrial-and-commercial sector, construction spending is up 4% year-to-date November, with strength in offices, lodging and commercial activity. Regarding infrastructure, street-and-highway spending has continued to grow this year, up 5% year-to-date November, on the back of increased state spending on highways. Contract awards in our key states are growing in the double-digits and in excess of the national average, driven by specific state infrastructure funding initiatives. 2018 Fourth Quarter Results                Page 3

Operating results South, Central America and the Caribbean January—December Fourth Quarter l-t-l l-t-l 2018 2017 % var 2018 2017 % var % var % var Net sales 1,781 1,846 (4%) (3%) 425 442 (4%) (6%) Operating EBITDA 404 473 (15%) (14%) 93 105 (11%) (8%) Operating EBITDA margin 22.7% 25.6% (2.9pp)    22.0% 23.7% (1.7pp)    In millions of U.S. dollars, except percentages. Domestic gray cement Ready-mix Aggregates Year-over-year January—December Fourth Quarter January—December Fourth Quarter January—December Fourth Quarter percentage variation Volume (2%) (2%) (11%) (8%) (11%) (14%) Price (USD) 1% (1%) (2%) (3%) (2%) (1%) Price (local currency) 3% 4% (1%) 2% (1%) 4% In our South, Central America and the Caribbean region, our domestic gray cement volumes decreased by 2% during both the fourth quarter and the full year, versus the comparable periods of 2017. Cement volumes, on a like-to-like basis including the regional operations of TCL, declined by 2% during the fourth quarter and by 3% for the full year. In Colombia, during the fourth quarter, our domestic gray cement volumes increased by 4% on a year-over-year basis, and by 7% sequentially. During the quarter, ready-mix volumes declined by 8%, on a year-over-year basis; however, they increased by 2% sequentially. For the full year, our domestic gray cement and ready-mix volumes decreased by 6% and 11%, respectively, versus 2017. Cement prices during the quarter increased 2% on a year-over-year basis and declined 1% sequentially, in local-currency terms. Europe January—December Fourth Quarter l-t-l l-t-l 2018 2017 % var 2018 2017 % var % var % var Net sales 3,757 3,516 7% 3% 914 911 0% 5% Operating EBITDA 363 363 (0%) (4%) 87 99 (12%) (8%) Operating EBITDA margin 9.7% 10.3% (0.6pp)    9.5% 10.9% (1.4pp)    In millions of U.S. dollars, except percentages. Domestic gray cement Ready-mix Aggregates Year-over-year January—December Fourth Quarter January—December Fourth Quarter January—December Fourth Quarter percentage variation Volume 1% (0%) (1%) (1%) (0%) 4% Price (USD) 4% (1%) 6% (0%) 7% (0%) Price (local currency) 2% 3% 3% 4% 4% 4% In the Europe region, our aggregates volumes increased by 4%, while our domestic gray cement volumes remained flat and our ready-mix volumes decreased by 1% during the fourth quarter of 2018, compared with the same period in the previous year. During the full year 2018, our domestic gray cement volumes increased by 1%, while our ready-mix volumes decreased by 1% and our aggregates volumes remained flat, compared with 2017. In the United Kingdom, our aggregates volumes increased by 3% while our domestic gray cement and our ready-mix volumes decreased by 6% and 4%, respectively, during the fourth quarter of 2018 versus the comparable period in the previous year. During 2018, our domestic gray cement, ready-mix and aggregates volumes decreased 4%, 5% and 1%, respectively, on a year-over-year basis. The decline in cement volume reflects continued uncertainty around Brexit. 2018 Fourth Quarter Results                Page 4

Operating results In Spain, our domestic gray cement, ready-mix and aggregates volumes increased by 5%, 54% and 81%, respectively, during the fourth quarter of 2018 and on a year-over-year basis. During the full year, our domestic gray cement, ready-mix and aggregates volumes increased by 4%, 34% and 39%, respectively, versus the comparable period in 2017. The increase in ready-mix and aggregates volumes reflects in part the introduction of 10 new ready-mix plants and three new aggregates quarries, respectively. Activity from the residential and industrial-and-commercial sectors continued to be favorable. The residential sector continued to benefit from favorable credit conditions, low interest rates, positive income perspectives and pent-up housing demand, with double-digit growth in both housing permits and mortgages.    In Germany, our domestic gray cement, ready-mix and aggregates volumes decreased by 9%, 10% and 2%, respectively, during the fourth quarter of 2018 compared with the same period in the previous year. During the full year, our domestic gray cement, ready-mix and aggregates volumes decreased by 1%, 9% and 2%, respectively, on a year-over-year basis. The decline in ready-mix volumes during the quarter reflects in part continued supply constraints in the construction industry. This also resulted in lower cement volumes supplied to our ready-mix operations.    In Poland, our domestic gray cement and aggregates volumes increased by 2% and 7%, respectively, while our ready-mix volumes decreased by 7% during the fourth quarter of 2018, versus the comparable period of 2017. During the full year, our domestic gray cement, ready-mix and aggregates volumes increased by 7%, 4% and 8%, respectively, on a year-over-year basis. Our cement prices in local-currency terms remained flat sequentially during the quarter and increased by 6% during the full year. The increases in cement volumes during both the quarter and full year were mainly due to our participation in large infrastructure projects including the S17 expressway and solid residential activity. In our operations in France, ready-mix and aggregates volumes increased by 2% and 8%, respectively, during the fourth quarter of 2018 on a year-over-year basis. During the full year, our aggregates volumes increased by 3% while our ready-mix volumes remained flat versus 2017. Volume growth during the quarter reflects continued favorable activity in infrastructure, including the “Grand Paris” project, as well as increased demand from the industrial-and-commercial sector. Asia, Middle East and Africa January—December Fourth Quarter l-t-l l-t-l 2018 2017 % var 2018 2017 % var % var % var Net sales 1,434 1,361 5% 7% 346 363 (5%) (0%) Operating EBITDA 206 223 (8%) (6%) 42 53 (20%) (17%) Operating EBITDA margin 14.4% 16.4% (2.0pp)    12.2% 14.6% (2.4pp)    In millions of U.S. dollars, except percentages. Domestic gray cement Ready-mix Aggregates Year-over-year January—December Fourth Quarter January—December Fourth Quarter January—December Fourth Quarter percentage variation Volume 3% (15%) 0% (3%) (2%) (8%) Price (USD) 4% 12% 4% (1%) 2% (4%) Price (local currency) 7% 16% 4% 4% 3% 2% Our domestic gray cement volumes in the Asia, Middle East and Africa region decreased by 15% during the fourth quarter but increased by 3% during the full year 2018, on a year-over-year basis. In the Philippines, our domestic gray cement volumes remained flat during the fourth quarter of 2018 and increased by 7% during the full year versus the comparable periods in 2017. Cement volumes were supported by the infrastructure and residential sectors, coupled with operational and logistics debottlenecking efforts. In Egypt, our domestic gray cement volumes decreased by 31% during the fourth quarter and remained flat during 2018, versus the comparable periods in the previous year. The quarterly volume decline was mainly due to weaker market demand and our focus on our most profitable markets. In Israel, during the fourth quarter, our ready-mix volumes increased by 3%, while our aggregates volumes decreased by 1%, versus the comparable period of 2017. During the full year 2018, our ready-mix and aggregates volumes increased by 4% and 3%, respectively, on a year-over-year basis. 2018 Fourth Quarter Results                Page 5

Operating EBITDA, free cash flow and debt-related information Operating EBITDA and free cash flow January—December Fourth Quarter    2018 2017 % var 2018 2017 % var Operating earnings before other expenses, net 1,724 1,727 (0%) 396 410 (3%)    + Depreciation and operating amortization 834 847    208 215    Operating EBITDA 2,558 2,574 (1%) 604 625 (3%) —Net financial expense 651 821 159 179     - Maintenance capital expenditures 511 520 216 258     - Change in working capital 136 (350) (272) (542)     - Taxes paid 227 249 43 46     - Other cash items (net) 115 51 55 4     - Free cash flow discontinued operations (1) (6) —(0)     Free cash flow after maintenance capital expenditures 918 1,290 (29%) 403 680 (41%) —Strategic capital expenditures 162 138 66 57     Free cash flow 756 1,151 (34%) 337 623 (46%) In millions of U.S. dollars, except percentages. During the quarter, free cash flow was mainly used for debt repayment. In addition, we used about US$75 million for the repurchase of CEMEX shares. Our total debt plus perpetual notes during the quarter reflects a favorable foreign exchange conversion effect of US$53 million. Information on debt and perpetual notes    Third                Fourth Quarter Quarter Fourth Quarter    2018 2017 % var 2018 2018 2017 Total debt (1) 9,953 10,901 (9%) 10,191    Currency denomination     Short-term 1% 12% 1% US dollar 65% 62% Long-term 99% 88% 99% Euro 27% 30% Perpetual notes 444 448 (1%) 445    Mexican peso 0% 0% Total debt plus perpetual notes 10,397 11,349 (8%) 10,636    Other 8% 7% Cash and cash equivalents 309 699 (56%) 304     Net debt plus perpetual notes 10,089 10,650 (5%) 10,332 Interest rate     Fixed 63% 68% Consolidated funded debt (CFD) (2) 9,827 9,981     10,047     Variable 37% 32% CFD (2) / Operating EBITDA 3.84 3.85    3.89     (3)                Interest coverage 4.41 3.46    4.33                In millions of U.S. dollars, except percentages and ratios.                (1) Includes convertible notes and capital leases, in accordance with International Financial Reporting Standards (IFRS). (2) Consolidated funded debt, in accordance with our contractual obligations under the 2017 Credit Agreement. (3) Interest expense calculated in accordance with our contractual obligations under the 2017 Credit Agreement. 2018 Fourth Quarter Results                Page 6

Operating results Consolidated Income Statement & Balance Sheet CEMEX, S.A.B. de C.V. and Subsidiaries (Thousands of U.S. dollars, except per ADS amounts) January—December Fourth Quarter like-to-like like-to-like INCOME STATEMENT 2018 2017 % var % var 2018 2017 % var % var Net sales 14,374,599 13,635,423 5% 6% 3,450,295 3,413,643 1% 4% Cost of sales (9,499,724) (8,943,752) (6%) (2,289,817) (2,230,217) (3%) Gross profit 4,874,875 4,691,671 4% 5% 1,160,479 1,183,427 (2%) 2% Operating expenses (3,151,306) (2,964,380) (6%) (764,732) (773,174) 1% Operating earnings before other expenses, net 1,723,569 1,727,291 (0%) 2% 395,747 410,253 (4%) (0%) Other expenses, net (303,074) (202,023) (50%) (212,428) (271,256) 22% Operating earnings 1,420,495 1,525,268 (7%) 183,319 138,997 32% Financial expense (654,074) (1,022,251) 36% (155,618) (218,016) 29% Other financial income (expense), net 4,964 191,377 (97%) (28,322) 76,458 N/A Financial income 18,449 17,782 4% 4,994 4,508 11% Results from financial instruments, net 25,329 229,100 (89%) (32,381) 27,339 N/A Foreign exchange results 17,690 (1,422) N/A 13,479 57,889 (77%) Effects of net present value on assets and liabilities and others, net (56,504) (54,083) (4%) (14,414) (13,278) (9%) Equity in gain (loss) of associates 33,901 31,096 9% 13,258 10,547 26% Income (loss) before income tax 805,287 725,490 11% 12,637 7,986 58% Income tax (231,915) (27,552) (742%) (45,894) (95,666) 52% Profit (loss) of continuing operations 573,371 697,938 (18%) (33,258) (87,680) 62% Discontinued operations 10,999 183,297 (94%) (831) 16 N/A Consolidated net income (loss) 584,370 881,235 (34%) (34,089) (87,664) 61% Non-controlling interest net income (loss) 40,953 75,048 (45%) 2,818 17,259 (84%) Controlling interest net income (loss) 543,417 806,187 (33%) (36,907) (104,923) 65% Operating EBITDA 2,557,948 2,574,098 (1%) 1% 604,446 624,924 (3%) (0%) Earnings (loss) of continued operations per ADS 0.35 0.41 (16%) (0.02) (0.07) 66% Earnings (loss) of discontinued operations per ADS 0.01 0.12 (94%) (0.00) 0.00 N/A As of December 31 BALANCE SHEET 2018 2017 % var Total assets 28,123,559 28,890,101 (3%) Cash and cash equivalents 308,784 699,288 (56%) Trade receivables less allowance for doubtful accounts 1,488,426 1,556,625 (4%) Other accounts receivable 312,945 252,948 24% Inventories, net 1,081,302 959,407 13% Assets held for sale 106,901 70,128 52% Other current assets 124,535 98,987 26% Current assets 3,422,893 3,637,383 (6%) Property, machinery and equipment, net 11,421,903 11,814,756 (3%) Other assets 13,278,763 13,437,962 (1%) Total liabilities 16,951,419 18,181,805 (7%) Current liabilities 4,587,916 5,714,465 (20%) Long-term liabilities 9,265,844 9,008,776 3% Other liabilities 3,097,658 3,458,565 (10%) Total stockholder’s equity 11,172,140 10,708,296 4% Non-controlling interest and perpetual instruments 1,571,631 1,571,434 0% Total controlling interest 9,600,509 9,136,862 5% 2018 Fourth Quarter Results Page 7

Operating results    Consolidated Income Statement & Balance Sheet CEMEX, S.A.B. de C.V. and Subsidiaries (Thousands of Mexican pesos in nominal terms, except per ADS amounts)                January—December Fourth Quarter INCOME STATEMENT 2018 2017 % var 2018 2017 % var Net sales 276,854,785 257,436,795 8% 69,454,444 65,337,133 6% Cost of sales (182,964,692) (168,858,038) (8%) (46,094,008) (42,686,347) (8%) Gross profit 93,890,093 88,578,757 6% 23,360,436 22,650,786 3% Operating expenses (60,694,163) (55,967,497) (8%) (15,394,049) (14,798,552) (4%) Operating earnings before other expenses, net 33,195,930 32,611,260 2% 7,966,387 7,852,234 1% Other expenses, net (5,837,197) (3,814,198) (53%) (4,276,172) (5,191,834) 18% Operating earnings 27,358,733 28,797,062 (5%) 3,690,216 2,660,401 39% Financial expense (12,597,456) (19,300,097) 35% (3,132,597) (4,172,823) 25% Other financial income (expense), net 95,607 3,613,191 (97%) (570,127) 1,463,406 N/A Financial income 355,325 335,726 6% 100,532 86,285 17% Results from financial instruments, net 487,842 4,325,407 (89%) (651,832) 523,261 N/A Foreign exchange results 340,704 (26,848) N/A 271,323 1,107,998 (76%) Effects of net present value on assets and liabilities and others, net (1,088,264) (1,021,095) (7%) (290,150) (254,139) (14%) Equity in gain (loss) of associates 652,937 587,099 11% 266,884 201,870 32% Income (loss) before income tax 15,509,821 13,697,255 13% 254,376 152,853 66% Income tax (4,466,689) (520,186) (759%) (923,850) (1,831,045) 50% Profit (loss) of continuing operations 11,043,132 13,177,069 (16%) (669,474) (1,678,192) 60% Discontinued operations 211,832 3,460,645 (94%) (16,738) 311 N/A Consolidated net income (loss) 11,254,965 16,637,715 (32%) (686,212) (1,677,881) 59% Non-controlling interest net income (loss) 788,758 1,416,911 (44%) 56,730 330,342 (83%) Controlling interest net income (loss) 10,466,206 15,220,803 (31%) (742,942) (2,008,222) 63% Operating EBITDA 49,266,080 48,598,971 1% 12,167,495 11,961,049 2% Earnings (loss) of continued operations per ADS 6.69 7.81 (14%) (0.46) (1.29) 64% Earnings (loss) of discontinued operations per ADS 0.14 2.28 (94%) (0.01) 0.00 N/A    As of December 31                2018 2017 % var    BALANCE SHEET    Total assets 552,627,927 567,690,491 (3%)    Cash and cash equivalents 6,067,601 13,741,005 (56%) Trade receivables less allowance for doubtful accounts 29,247,578 30,587,680 (4%) Other accounts receivable 6,149,372 4,970,419 24% Inventories, net 21,247,583 18,852,340 13% Assets held for sale 2,100,603 1,378,020 52% Other current assets 2,447,114 1,945,102 26% Current assets 67,259,851 71,474,566 (6%)    Property, machinery and equipment, net 224,440,390 232,159,965 (3%)    Other assets 260,927,687 264,055,960 (1%)    Total liabilities 333,095,374 357,272,467 (7%)    Current liabilities 90,152,557 112,289,232 (20%)    Long-term liabilities 182,073,838 177,022,441 3%                Other liabilities 60,868,980 67,960,794 (10%)    Total stockholders’ equity 219,532,553 210,418,024 4%                Non-controlling interest and perpetual instruments 30,882,548 30,878,683 0%                Total controlling interest 188,650,005 179,539,341 5%                2018 Fourth Quarter Results                Page 8

Operating results Operating Summary per Country In thousands of U.S. dollars January—December Fourth Quarter like-to-like like-to-like 2018 2017 % var % var 2018 2017 % var % var NET SALES Mexico 3,299,214 3,095,431 7% 9% 775,962 780,592 (1%) 5% U.S.A. 3,747,728 3,484,374 8% 9% 904,663 837,548 8% 8% South, Central America and the Caribbean 1,780,878 1,846,322 (4%) (3%) 424,709 441,896 (4%) (6%) Europe 3,756,507 3,515,730 7% 3% 914,094 910,897 0% 5% Asia, Middle East and Africa 1,433,778 1,361,375 5% 7% 346,491 363,285 (5%) (0%) Others and intercompany eliminations 356,495 332,191 7% 18% 84,376 79,426 6% 42% TOTAL 14,374,599 13,635,423 5% 6% 3,450,295 3,413,643 1% 4% GROSS PROFIT Mexico 1,762,343 1,671,202 5% 8% 407,924 416,902 (2%) 3% U.S.A. 1,049,055 960,965 9% 9% 257,379 252,834 2% 1% South, Central America and the Caribbean 644,689 698,623 (8%) (7%) 155,072 162,300 (4%) (2%) Europe 978,769 939,111 4% 1% 238,180 254,060 (6%) (2%) Asia, Middle East and Africa 386,139 397,024 (3%) (0%) 83,924 96,743 (13%) (9%) Others and intercompany eliminations 53,880 24,747 118% 172% 18,001 589 2957% 4252% TOTAL 4,874,875 4,691,671 4% 5% 1,160,479 1,183,427 (2%) 2% OPERATING EARNINGS BEFORE OTHER EXPENSES, NET Mexico 1,062,172 1,026,644 3% 5% 236,597 247,451 (4%) 0% U.S.A. 336,015 276,463 22% 22% 91,889 81,225 13% 12% South, Central America and the Caribbean 315,115 382,639 (18%) (17%) 70,457 81,075 (13%) (10%) Europe 160,885 165,484 (3%) (6%) 37,839 46,117 (18%) (14%) Asia, Middle East and Africa 142,187 160,613 (11%) (10%) 26,373 37,092 (29%) (26%) Others and intercompany eliminations (292,805) (284,552) (3%) 2% (67,408) (82,707) 18% 14% TOTAL 1,723,569 1,727,291 (0%) 2% 395,747 410,253 (4%) (0%) 2018 Fourth Quarter Results Page 9

Operating results    Operating Summary per Country EBITDA in thousands of U.S. dollars. EBITDA margin as a percentage of net sales. January—December Fourth Quarter     like-to-like like-to-like OPERATING EBITDA 2018 2017 % var % var 2018 2017 % var % var Mexico 1,176,087 1,145,330 3% 5% 264,799 276,753 (4%) 0% U.S.A. 643,746 604,308 7% 7% 167,507 157,640 6% 6% South, Central America and the Caribbean 403,882 472,809 (15%) (14%) 93,256 104,829 (11%) (8%) Europe 362,565 362,706 (0%) (4%) 87,003 98,946 (12%) (8%) Asia, Middle East and Africa 205,794 222,786 (8%) (6%) 42,311 53,074 (20%) (17%) Others and intercompany eliminations (234,126) (233,841) (0%) 6% (50,430) (66,318) 24% 19% TOTAL 2,557,948 2,574,098 (1%) 1% 604,446 624,924 (3%) (0%) OPERATING EBITDA MARGIN                Mexico 35.6% 37.0%    34.1% 35.5%    U.S.A. 17.2% 17.3% 18.5% 18.8% South, Central America and the Caribbean 22.7% 25.6% 22.0% 23.7% Europe 9.7% 10.3% 9.5% 10.9% Asia, Middle East and Africa 14.4% 16.4%    12.2% 14.6%    TOTAL 17.8% 18.9%    17.5% 18.3%                2018 Fourth Quarter Results                Page 10

Operating results    Volume Summary Consolidated volume summary    Cement and aggregates: Thousands of metric tons.    Ready-mix: Thousands of cubic meters.     January —December    Fourth Quarter 2018 2017 % var 2018 2017 % var Consolidated cement volume (1) 69,390 68,221 2% 16,698 17,159 (3%) Consolidated ready-mix volume 53,260 51,741 3% 13,192 13,085 1% Consolidated aggregates volume 149,819 147,354 2% 37,226 36,931 1% Per-country volume summary                January—December Fourth Quarter Fourth Quarter 2018 vs. DOMESTIC GRAY CEMENT VOLUME 2018 vs. 2017 2018 vs. 2017 Third Quarter 2018 Mexico 1%    (2%)    (3%) U.S.A. 5% (2%) (13%) South, Central America and the Caribbean (2%) (2%) (0%) Europe 1% (0%) (11%) Asia, Middle East and Africa 3%    (15%)    (20%)    READY-MIX VOLUME                Mexico 10%     4%    (8%) U.S.A. 8% 5% (8%) South, Central America and the Caribbean (11%) (8%) (0%) Europe (1%) (1%) (7%) Asia, Middle East and Africa 0%    (3%)    6%    AGGREGATES VOLUME                Mexico 10%    4%    (6%) U.S.A. 3% 1% (7%) South, Central America and the Caribbean (11%) (14%) (5%) Europe (0%) 4% (7%) Asia, Middle East and Africa (2%)    (8%)    (2%)    (1) Consolidated cement volume includes domestic and export volume of gray cement, white cement, special cement, mortar and clinker.    2018 Fourth Quarter Results                Page 11

Operating results    Price Summary Variation in U.S. dollars                January—December Fourth Quarter Fourth Quarter 2018 vs. DOMESTIC GRAY CEMENT PRICE 2018 vs. 2017 2018 vs. 2017 Third Quarter 2018 Mexico 0%    (3%)    (6%) U.S.A. 3% 2% (0%) South, Central America and the Caribbean (*) 1% (1%) (4%) Europe (*) 4% (1%) (1%) Asia, Middle East and Africa (*) 4%    12%    7% READY-MIX PRICE    Mexico 5%     (1%)    (6%) U.S.A. 2% 2% (1%) South, Central America and the Caribbean (*) (2%) (3%) (5%) Europe (*) 6% (0%) (0%) Asia, Middle East and Africa (*) 4%    (1%)    (1%) AGGREGATES PRICE                Mexico 5%     1%    (8%) U.S.A. 5% 5% 0% South, Central America and the Caribbean (*) (2%) (1%) (6%) Europe (*) 7% (0%) (2%) Asia, Middle East and Africa (*) 2%    (4%)    (7%) Variation in Local Currency                January—December Fourth Quarter Fourth Quarter 2018 vs. DOMESTIC GRAY CEMENT PRICE 2018 vs. 2017 2018 vs. 2017 Third Quarter 2018 Mexico 3%    2%    0% U.S.A. 3% 2% (0%) South, Central America and the Caribbean (*) 3% 4% (1%) Europe (*) 2% 3% 2% Asia, Middle East and Africa (*) 7%    16%    6% READY-MIX PRICE    Mexico 8%     5%    1% U.S.A. 2% 2% (1%) South, Central America and the Caribbean (*) (1%) 2% 0% Europe (*) 3% 4% 2% Asia, Middle East and Africa (*) 4%    4%    1% AGGREGATES PRICE                Mexico 8%     7%    (1%) U.S.A. 5% 5% 0% South, Central America and the Caribbean (*) (1%) 4% (1%) Europe (*) 4% 4% 1% Asia, Middle East and Africa (*) 3%    2%    (5%) (*) Volume weighted-average price. 2018 Fourth Quarter Results                Page 12

Other information    Derivative instruments The derivative following instrument table shows and the the aggregate notional fair amount market for value each for type all of of CEMEX’s presented. derivative    instruments as of the last day of each quarter                2018    Fourth    Quarter    2017    Third     2018 Quarter    U. Millions S. dollars of Notional Amount Value Fair Notional Amount Value Fair    Notional Amount Value Fair    Exchange rate 1,249 2 1,541 50 1244 (33) derivatives(1) Equity related 111 1 168 (13) 111 23 derivatives(2)(5) Interest rate 1,126 (8) 137 16 1,132 12 swaps(3) Fuel 122 (14) 72 20 47 13 derivatives(4) 2,608 (19) 1,918 73 2,534 15 (1) Exchange rate derivatives are used to manage currency exposures that arise from the regular operations and from forecasted transactions. (2) Equity derivatives related to options on the Parent Company’s own shares and to forwards, net of cash collateral, over the shares of Grupo Cementos de Chihuahua, S.A.B. de C.V. (3) As of December 31, 2017, includes Interest-rate swap derivatives related to our long-term energy contracts. In addition, as of December 31, 2018, includes interest-rate swap instruments related to bank loans with a nominal amount of US$1,000 million. (4) Forward contracts negotiated to hedge the price of the fuel consumed in certain operations. (5) As required by IFRS, the equity related derivatives fair market value as of December 31, 2018 and 2017 includes a liability of US$1 million and of US$20 million, respectively, relating to an embedded derivative in CEMEX’s mandatorily convertible securities. instruments Under IFRS, companies on the balance are required sheet to as recognize assets or all    derivative liabilities, financial at their estimated recorded in fair the market income value, statement, with changes except in such when fair transactions market values are entered the fair into market for cash-flow-hedging value of the related purposes, derivative in which instruments case changes are in the recognized inverse temporarily effects of the in equity underlying and then hedged reclassified items flow into through earnings the as hedges, income in statement, which case and/or changes transactions in fair value related are recorded to net investment directly in equity the income as part statement of the currency only upon translation disposal effect, of the and net are investment. reclassified As to of December of its derivatives 31, 2018, portfolio, in connection CEMEX with recognized the fair increases market value in its recognition assets and liabilities of US$1 million resulting corresponding in a net liability to an of embedded US$19 million, derivative including related a liability to our agreements, mandatorily is convertible presented net securities, of the assets which associated according with    to the    derivative our debt instruments. Equity-related information One expressed CEMEX in ADS CPO represents terms. ten CEMEX CPOs. The following amounts are Beginning-of-quarter CPO-equivalent units outstanding 15,134,376,635    CPO Repurchases (153,603,753) End-of-quarter CPO-equivalent units outstanding 14,980,772,882    Outstanding    units equal total CEMEX CPO-equivalent units less CPOs held in subsidiaries, which as of December 31, 2018 were 20,541,277. CEMEX upon conversion also has outstanding in 2019, will mandatorily increase the convertible number of CPOs securities outstanding which, by approximately 236 million, subject to antidilution adjustments. Newly issued IFRS effective in 2018 IFRS 9”)    9, Financial instruments: classification and measurement (“IFRS IFRS measurement 9 sets forth of financial the guidance assets and relating liabilities, to the the classification accounting    and for credits, expected as credit well as losses the requirements of financial assets for hedge and accounting; commitments and to replaced extend IFRS IAS 39, 9 was Financial adopted instruments: beginning recognition January 1, and 2018 measurement on prospective (“IAS basis. 39”). for Among financial other assets aspects, of: IFRS 1) amortized 9 implemented cost, that the classification significantly comprised categories IAS39 through held other to maturity comprehensive and loans income, and receivables similar to categories; IAS 39 held 2) to fair maturity value The category; adoption and 3) of fair such value classification through the income categories statement did not for    have all others. any significant effect on CEMEX’s operating results and financial situation. In losses, addition, impairment under the losses new impairment for the entire model lifetime based of on financial expected assets, credit including recognition, trade even    in accounts the absence receivable, of a credit are event recognized or if the loss on has initial not yet current been conditions, incurred, considering as well as for reasonable their measurement and supportable past events forecasts and credit affecting loss collectability. model applicable In this regard, to its CEMEX trade implemented accounts receivable an expected that considers expected developments the historical for performance, each group as of well customers. as the credit The effects risk and for adoption model represented of IFRS 9 on an January increase 1, 2018 in the related allowance to the    for expected expected credit credit loss losses against as retained of January earnings, 1, 2018 net of of $ deferred 570 million income Mexican taxes. pesos    recognized accounting In connection categories with hedge of cash accounting, flow hedge, IFRS fair 9 maintains value hedge the same and hedge hedging of a recognizing net investment the ineffective established portion in IAS of 39, a cash as well flow as hedge the requirement immediately of in hedging the income transaction statement. are more Nonetheless, flexible. The the adoption requirements of the new to qualify hedging a accounting operating results requirements and financial did not situation. have any    significant effect on CEMEX’s 2018 Fourth Quarter Results                Page 13

Other information    IFRS 15, Revenues from contracts with customers (“IFRS 15”) Under promised IFRS goods 15, an or services entity recognizes to customers revenue in an    to amount depict that the reflects transfer the of those consideration goods or to services, which the identifying: entity expects a) the to contract(s) be entitled with in exchange a customer for (agreement different performance that creates obligations enforceable (promises) rights and in    obligations); the contract b)    and the account consideration for those an entity separately; expects c) the to be transaction entitled price in exchange (amount    for of transferring transaction price promised to each goods performance or services); obligation d) the based distribution on the relative of the stand-alone recognizing revenue selling prices when of (or    each as) the distinct entity good satisfies or service; a performance and e) obligation customer. by A performance transferring control obligation of a may promised be satisfied good at or a service point in to time the (typically services and for construction the sale of goods) contracts) or .over CEMEX time adopted (typically IFRS for 15    the on January sale of 1, on 2018, its operating using the results retrospective and financial approach, situation. without    any significant effects Among apply to other CEMEX minor referred effects, to: a) the certain main rebates changes and/or under discounts IFRS 15 as offered they to in customers a subsequent in a sale purchase transaction transaction that are now redeemable are considered by the customer separate sale performance price of obligations, such transaction rather    is than allocated future costs, to these and    promises a portion    and of the is deferred awards (points) to revenue offered until to the customers promise through is redeemed their or purchases expires; and under b) loyalty represent programs separate that performance are later redeemable obligations, for rather goods than or services, future costs, also and points a portion and is of deferred the sale to price revenue of such until transactions the points is allocated are redeemed to these or expire. These reclassifications and adjustments were not material. Considering modified certain the amounts retrospective of the approach, comparative the financial adoption statements of IFRS for 15 the year ended December 31, 2017, as follows: SELECTED INFORMATION INCOME STATEMENT    (Millions of Mexican pesos) Jan-Dec Fourth Quarter Revenues, original 258,130.7 65,536.2 IFRS 15 adoption (7.0) (0.1) Discontinued operations (686.9) (199.0) reclassification Revenues, as reported 257,436.8 65,337.1 Newly issued IFRS effective in 2019 IFRS 16, Leases (“IFRS 16”) to IFRS the 16 lessee defines the leases right as to any use contract an asset or for part a period of a contract of time that in exchange conveys for throughout consideration that period. and the In lessee summary, directs IFRS the 16 use introduces of the identified a single lessee asset a accounting term of more model, than and 12 requires months, a lessee unless to the recognize, underlying for asset all leases is of with low value, corresponding assets for financial the right-of-use liability, representing of the underlying the NPV asset of estimated against a model lease payments in which a    under lessee recognizes the contract, amortization with a single of the income right-of-use statement asset and statement interest of on financial the lease position, liability. or A disclose lessee shall in the present notes, either right-of-use in the from assets other separately liabilities. from IFRS other 16 assets, is effective as well beginning as, lease January liabilities 1, separately 2019 and will accounting. supersede    all current standards and interpretations related to lease As contracts of December and other 31, 2018, contracts by means that may of analyses have embedded of its outstanding the use of lease an contracts asset and the (types assessment of assets, of the committed most relevant payments, characteristics maturity of dates, such renewal and measurement clauses, etc. of), its CEMEX leases has for substantially purposes of adopting concluded IFRS the 16 inventory and is in under its final IFRS review. 16 and Moreover, will apply CEMEX the recognition has defined exception its accounting for short-term policy leases separate and the low-value non-lease assets, component as well from as the the practical lease component expedient included to not in retrospective the same approach contract. pursuant CEMEX to will which adopt prior IFRS periods 16 will using be restated. the full CEMEX (financial does restrictions) not expect due    any to the breach adoption of its effects. contractual Upon adoption obligations of IFRS its opening 16 beginning statement on January of financial 1, 2019, position CEMEX effects has as estimated of January a range 1, 2017, for as follows: (Millions of U.S. dollars) Low range High range Assets for the right-of-use 920 942 Financial liabilities (1,030) (1,060) Retained earnings (110) (118) Share repurchase program as On    per November the resolutions 27th, 2018, approved CEMEX initiated in its 2017 its share annual repurchase general program ordinary shareholders a total of 153,603,753 meeting held CPOs on were April repurchased 5, 2018. As of at December an average 31st, price 2018, of $ approximately 1,520 million Mexican $9.90 Mexican pesos (US pesos $75 million) per CPO, . for a total amount of It be is cancelled being proposed at our next to our ordinary shareholders shareholders that these meeting. repurchased shares 2018 Fourth Quarter Results                Page 14

Other information    Discontinued operations and other disposal groups Discontinued operations authorizations On September by    local 27, authorities, 2018, after CEMEX receiving concluded the the corresponding disposal of its N/NE construction S.A., comprised materials mainly operations of a fluvial in Brazil cement to Votorantim distribution Cimentos terminal price located was in Manaus, approximately Amazonas US state $31 and million its operating including license. working The    capital selling adjustments operating segment and before in Brazil withholding for the period taxes. from CEMEX’s January operations 1 to September for its “Discontinued 27, 2018 and the operations” year 2017 are and reported include in net 2018 of tax withholding in the single taxes line item and the reclassification of currency translation results accrued in equity. regulators, On June 30, one    2017, of its subsidiaries CEMEX announced in the U.S.    closed that after the divestment approval of from its and Pacific ready-mix Northwest concrete Materials operations Business consisting in Oregon of and aggregates, Washington asphalt to Cadman subsidiary Materials, of HeidelbergCement Inc., part of Group, Lehigh Hanson, for approximately Inc. and the US $U. 150 S. Materials million. Considering Business, its the operations disposal for of    the the six-month entire Pacific period    Northwest until their statements disposal on for June the 30, year 2017, ended included December in CEMEX’s 31, 2017    comparative were reclassified income net of tax to the single line item “Discontinued operations.” Reinforced On January Pipe 31, Manufacturing 2017, CEMEX Business concluded (“Concrete the sale Pipe of Business”) its Concrete in the million United plus    States an additional to Quikrete US$40 Holdings, million contingent Inc. for approximately consideration US based $500 on Pipe future Business, performance. their operations Considering for the the one-month disposal of period the entire ended Concrete January 31, year 2017, ended included December in CEMEX’s 31, 2017    comparative were reclassified income net statements of tax to the for single the line disposal item of “Discontinued these assets operations. for approximately ” CEMEX US determined $148 million a net recognized gain on during a proportional January allocation 2017 as part of goodwill of discontinued for approximately operations, US which $260 included million. The income following statements table of presents CEMEX condensed discontinued combined operations information mainly: of a) the the 27, operating 2018 and segment the year in Brazil 2017; for b) the the period Concrete from Pipe January Business 1 to for September the one- Materials month period Business ended for January the six-month 31, 2017; period and ended c) the June Pacific 30, 2017: Northwest    INCOME STATEMENT Jan-Dec Fourth Quarter (Millions of Mexican pesos) 2018 2017 2018 2017 Sales 503 2,235—199 Cost of sales and operating (495) (2,257)—(194) Other expenses, net (1) 14 — Interest expense, net and others (5) ——Income (loss) before income tax 2 (8)—5 Income tax (6) (1) — Net income (loss) (4) (9)—5 Non-controlling interest net income — — Controlling interest net income (4) (9)—5 Net gain on sale 216 3,470 (17) (5) Discontinued operations 212 3,461 (17) 0 Other disposal groups or Other line    disposal of business groups and, do due not to represent the remaining the disposal ongoing of activities an entire and sector the consolidated relative size, by are CEMEX not considered line-by-line discontinued in the income operations statement and until were the disposal date. The main disposal groups are as follows: cement On February plant 10, and 2017, cement CEMEX terminal concluded in Columbus, the sale Ohio of to its Eagle Fairborn, Materials Ohio production Inc. for approximately capacity of US $ approximately 400 million. The 730 Fairborn thousand plant tons. had an CEMEX’s annual includes comparative the operations income statement of the Fairborn for the year cement ended plant December and the Columbus 31, 2017, until cement their terminal disposal consolidated in February line-by-line 10, 2017. CEMEX for the determined period from    a January net gain 1 during on disposal February of these 2017 assets as part for of approximately Other expenses, US$188 net, million which recognized included a proportional allocation of goodwill for approximately US$211 million. The disposal net assets in February sold to    10, Eagle represent Materials net for sales the period and operating in 2017 until earnings their before other expenses of US$4 million and US$1 million, respectively. 2018 Fourth Quarter Results                Page 15

Definitions of terms and disclosures    Methodology for translation, consolidation, and presentation of results Under IFRS, beginning January 1, 2008, CEMEX translates the financial statements of foreign subsidiaries using exchange rates at the reporting date for the balance sheet and the exchange rates at the end of each month for the income statement. CEMEX reports its consolidated results in Mexican pesos.    For the reader’s convenience, beginning June 30, 2008, U.S. dollar amounts for the consolidated entity are calculated by converting the nominal Mexican peso amounts at the end of each quarter using the average MXN/US$ exchange rate for each quarter, provided below. Breakdown of regions The South, Central America and the Caribbean region includes CEMEX’s operations in Argentina, Bahamas, Brazil, Colombia, Costa Rica, the Dominican Republic, El Salvador, Guatemala, Haiti, Jamaica, Trinidad & Tobago, Barbados, Nicaragua, Panama, Peru, and Puerto Rico, as well as trading operations in the Caribbean region.    Europe includes operations in Spain, Croatia, the Czech Republic, France, Germany, Latvia, Poland, and the United Kingdom, as well as trading operations in several Nordic countries.    The Asia, Middle East and Africa region includes operations in the United Arab Emirates, Egypt, Israel and the Philippines. Definition of terms    Free cash flow equals operating EBITDA minus net interest expense, maintenance and strategic capital expenditures, change in working capital, taxes paid, and other cash items (net other expenses less proceeds from the disposal of obsolete and/or substantially depleted operating fixed assets that are no longer in operation and coupon payments on our perpetual notes). l-t-l % var percentage variations adjusted for investments/divestments and currency fluctuations.     Maintenance capital expenditures equals investments incurred for the purpose of ensuring the company’s operational continuity. These include capital expenditures on projects required to replace obsolete assets or maintain current operational levels, and mandatory capital expenditures, which are projects required to comply with governmental regulations or company policies. Net debt equals total debt (debt plus convertible bonds and financial leases) minus cash and cash equivalents. Operating EBITDA equals operating earnings before other expenses, net, plus depreciation and operating amortization. pp equals percentage points Prices all references to pricing initiatives, price increases or decreases, refer to our prices for our products Strategic capital expenditures equals investments incurred with the purpose of increasing the company’s profitability. These include capital expenditures on projects designed to increase profitability by expanding capacity, and margin improvement capital expenditures, which are projects designed to increase profitability by reducing costs. Working capital equals operating accounts receivable (including other current assets received as payment in kind) plus historical inventories minus operating payables. % var percentage variation    Earnings per ADS Please refer to page 2 for the number of average ADSs outstanding used for the calculation of earnings per ADS. According to the IAS 33 Earnings per share, the weighted-average number of common shares outstanding is determined considering the number of days during the accounting period in which the shares have been outstanding, including shares derived from corporate events that have modified the stockholder’s equity structure during the period, such as increases in the number of shares by a public offering and the distribution of shares from stock dividends or recapitalizations of retained earnings and the potential diluted shares (Stock options, Restricted Stock Options and Mandatory Convertible Shares). The shares issued because of share dividends, recapitalizations and potential diluted shares are considered as issued at the beginning of the period. Exchange rates January—December Fourth Quarter Fourth Quarter 2018 2017 2018 2017 2018 2017 Average Average Average Average End of period End of period Mexican peso 19.26 18.88 20.13 19.14 19.65 19.65 Euro 0.8483 0.8817 0.8773 0.8452 0.8727 0.8331 British pound 0.7521 0.7707 0.7844 0.7478 0.7843 0.7405 Amounts provided in units of local currency per U.S. dollar.    2018 Fourth Quarter Results                Page 16