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

4

Exhibit 1

CHP POSTS 7% CEMENT VOLUME GROWTH IN 2018

Fourth quarter performance affected by landslide

MANILA, PHILIPPINES. FEBRUARY 8, 2019 – CEMEX HOLDINGS PHILIPPINES, INC. (“CHP”) (PSE: CHP), announced today that its cement volumes for full year 2018 increased by 7% compared to 2017 driven by healthy demand from both the private and public sectors. The company had record volumes in the third quarter and first half of the year, as sales revenues reached P23.4 billion in 2018.

The company’s financial performance was adversely affected, however, during the fourth quarter following the landslide that happened in the City of Naga in Cebu on September 20, 2018. CHP obtained raw materials from farther sources which led to an increase in cost of sales, as a percentage of sales, to 66% in the last quarter from 58% during the same period in 2017.

As a result, the company’s operating EBITDA margin went down during the fourth quarter, to 7% from 12%, and for full year 2018, to 12% from 15%, against the respective periods in 2017. For the first nine months of 2018, operating EBITDA margin of CHP was at 14%, with the margin decline on a full year basis mainly due to the increase in cost of sales during the last quarter.

This lower operating EBITDA, together with higher financing and tax expenses, resulted in a net loss after tax of P325 million in the fourth quarter of 2018. For full year 2018, CHP recorded a net loss of P930 million.

“The past quarter was a very challenging one following the landslide in Naga City. It tested the strength and resolve of all who were affected. The perseverance of the community was very inspiring even as we worked on restoring our operations to normality,” Mr. Ignacio Mijares,

CHP President and CEO said.

Despite the challenges in the fourth quarter, the company was able to achieve major operational highlights. CHP’s cement plants were ranked among the top performing cement plants in the entire CEMEX global system in terms of health and safety, efficiency, and product quality. CHP also achieved one of the highest client adoption rates among markets where CEMEX Go, our end-to-end integrated digital platform, has been introduced.

1

In October, one of CHP’s main subsidiaries, Solid Cement, signed the procurement, construction, and installation agreement with CBMI Construction Co., Ltd of China for the company’s new cement production line scheduled to start operations in the fourth quarter of 2020. The company continues to evaluate different options to fund this expansion project.

“We are excited about the prospects for the company in 2019 and see continued strong cement demand in the country. For this reason, we remain focused on improving our operations and completing our expansion in a timely manner,“ Mr. Mijares explained.

CHP, a listed company at the Philippine Stock Exchange, is one of the leading cement producers in the Philippines, based on annual installed capacity. CHP produces and markets cement and cement products, such as ready-mix concrete and clinker, in the Philippines through direct sales using its extensive marine and land distribution network. Moreover, CHP’s cement manufacturing subsidiaries have been operating in the Philippines with well-established brands, such as “APO,” “Island,” and “Rizal,” all having a multi-decade history in the country.

CHP is an indirect subsidiary of CEMEX, S.A.B. de C.V., one of the largest cement companies in the world based on annual installed cement production capacity. The shares of CEMEX, S.A.B. de C.V. are listed on the Mexican Stock Exchange and the New York Stock Exchange.

For more information on CHP, please visit website: www.cemexholdingsphilippines.com.

# # #

This press release may contain 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 CHP 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 CHP 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, changes derived from events affecting CEMEX, S.A.B de C.V. and subsidiaries (“CEMEX”) 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. CHP assumes no obligation to update or correct the information contained in this press release.

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Exhibit 2

2018 FOURTH QUARTER RESULTS â–ª Stock Listing Information Philippine Stock Exchange Ticker: CHP â–ª Investor Relations + 632 849 3600 E-Mail: chp.ir@cemex.com

Operating and Financial Highlights January—December Fourth Quarter 2018 2017 % var 2018 2017 % var Net sales 23,418 21,784 7% 5,513 5,223 6% Gross profit 9,111 9,384 (3%) 1,898 2,168 (12%) as % of net sales 39% 43% (4pp) 34% 42% (7pp) Operating earnings before other expenses, net 1,366 1,987 (31%) 43 315 (86%) as % of net sales 6% 9% (3pp) 1% 6% (5pp) Controlling Interest Net Income (Loss) (930) 659 N/A (325) (29) (1016%) Operating EBITDA 2,783 3,256 (15%) 372 628 (41%) as % of net sales 12% 15% (3pp) 7% 12% (5pp) Free cash flow after maintenance capital expenditures 1,029 1,232 (16%) (578) (270) (114%) Free cash flow 733 747 (2%) (640) (314) (104%) 1 15,563 14,138 10% 15,563 14,138 10% Net debt 1 17,377 15,196 14% 17,377 15,196 14% Total debt 2 (0.18) 0.13 N/A (0.06) (0.01) (1016%) Earnings per share In millions of Philippine Pesos, except percentages and earnings per share 1 U.S. dollar debt converted using end-of-period exchange rate. See Debt Information on page 4 and Exchange Rates on page 7 for more detail. 2 In Philippine Pesos Net sales increased by 6% year-over-year during the quarter due to Selling and administrative expenses, as a percentage of sales, declined higher prices. For 2018, net sales grew 7% compared to 2017, resulting by 1 pp in 2018 due to efforts to optimize costs and lower marketing from higher volumes and prices. expenses. Cost of sales was at 66% of sales during the fourth quarter of 2018 Operating EBITDA decreased by 41% during the quarter. 2018 versus 58% in the same period of 2017. The increase was due to higher operating EBITDA decreased by 15% compared to 2017. raw material costs as APO Cement Plant used raw materials from other sources following the landslide in Naga, Cebu. Excluding the impact of Operating EBITDA margin during the quarter was 7%, 5 pp lower than the landslide, fourth quarter 2018 cost of sales is estimated to have in the same period last year. Margins were affected by increased raw been at 59% of sales. material costs as APO Cement Plant used alternative raw materials from other sources following the landslide in Naga, Cebu. This impact was Fuel costs and power costs accounted for 12% and 17% of cost of sales partially offset by the price increase implemented in November. during the fourth quarter of 2018, compared to 25% and 21% in the same period of 2017, respectively, due to disrupted kiln operations Operating EBITDA margin for 2018 was 12%. following the landslide. Controlling interest net income for the quarter recorded a loss of PHP For 2018, cost of sales was at 61% of sales against 57% in 2017. This was 325 million, mainly due to lower operating EBITDA, higher financial mainly driven by increased raw material costs due to the landslide, and expenses, and higher income tax expenses. higher fuel and power costs, resulting from increased global fuel prices and the impact of the tax reform. Excluding the impact of the landslide, For 2018, the company incurred a loss of PHP 930 million due to higher 2018 cost of sales is estimated to have been at 60% of sales. income tax expenses recorded in the second quarter, lower operating EBITDA, and higher foreign exchange losses. Operating expenses, as a percentage of sales, decreased in 2018 by 1 pp compared to 2017. Total debt at the end of December 2018 stood at PHP 17,378 million, of which PHP 13,767 million pertained to long-term debt owed to BDO Distribution expenses, as a percentage of sales, decreased by 2 pp year- Unibank, Inc. over-year during the quarter mainly due to optimization of vessel charter agreements. For 2018, distribution expenses, as a percentage of sales, were flat year-over-year. Initiatives to increase operational efficiency mitigated higher fuel costs and other inputs. 2018 Fourth Quarter Results Page 2

Operating Results Domestic Gray Cement January—December Fourth Quarter Fourth Quarter 2018 2018 vs. 2017 2018 vs. 2017 vs. Third Quarter 2018 Volume 7% 0% (10%) Price in PHP 1% 6% 1% Our domestic cement volumes were flat year-over-year during the quarter as volume performance was affected by production constraints caused by the landslide in Naga, Cebu, near our APO Cement Plant. Industry demand remained robust driven by demand from both the private and public sectors. Our absolute domestic cement volumes were an all-time high in 2018, as volumes grew 7% year-over-year aided by debottlenecking initiatives to increase production and supply chain throughput by half a million tons. This performance also reflects increased construction activity from both public and private sectors. Our domestic cement prices were 6% higher during the quarter versus previous year same period. Sequentially, domestic cement prices were 1% higher, reflecting adjustments for increased input costs. 2018 Fourth Quarter Results Page 3

Operating EBITDA, Free Cash Flow and Debt Information Operating EBITDA and Free Cash Flow January—December Fourth Quarter 2018 2017 % var 2018 2017 % var Operating earnings before other expenses, net 1,366 1,987 (31%) 43 315 (86%) + Depreciation and operating amortization 1,416 1,269 330 313 Operating EBITDA 2,783 3,256 (15%) 372 628 (41%) —Net financial expenses 952 895 275 228—Maintenance capital expenditures 1,145 844 652 431—Change in working capital (886) (116) (108) 232—Income taxes paid 500 553 80 129—Other cash items (net) 43 (153) 51 (122) Free cash flow after maintenance capital expenditures 1,029 1,232 (16%) (578) (270) (114%)—Strategic capital expenditures 295 485 62 43 Free cash flow 733 747 (2%) (640) (314) (104%) In millions of Philippine Pesos Debt Information Fourth Quarter Third Quarter Fourth Quarter 2018 2017 % var 2018 2018 2017 1 17,377 15,196 14% 15,270 Currency denomination Total debt 7% 2% 4% 2 15% 1% Short term U.S. dollar Long term 93% 98% 96% Philippine peso 85% 99% Cash and cash equivalents 1,814 1,058 71% 2,517 Interest rate Net debt 15,563 14,138 10% 12,753 Fixed 38% 43% Variable 62% 57% In millions of Philippine Pesos, except percentages 1 U.S. dollar debt converted using end-of-period exchange rate. See Exchange Rates on page 7 for more detail. 2 Pertains to related party loans with CEMEX Asia B.V. 2018 Fourth Quarter Results Page 4

Financial Results Income Statement & Balance Sheet Information CEMEX Holdings Philippines, Inc. (Thousands of Philippine Pesos in nominal terms, except per share amounts) January—December Fourth Quarter INCOME STATEMENT 2018 2017 % var 2018 2017 % var Net sales 23,417,697 21,784,450 7% 5,512,576 5,223,198 6% Cost of sales (14,307,126) (12,400,901) (15%) (3,614,867) (3,054,759) (18%) Gross profit 9,110,571 9,383,549 (3%) 1,897,709 2,168,439 (12%) Selling and Administrative expenses (3,008,799) (3,079,349) 2% (806,855) (778,313) (4%) Distribution expenses (4,735,330) (4,317,633) (10%) (1,047,985) (1,074,672) 2% Operating earnings before other expenses, net 1,366,442 1,986,567 (31%) 42,869 315,454 (86%) Other income (expenses), net (42,653) (226,180) 81% (50,889) (257,280) 80% Operating earnings (loss) 1,323,789 1,760,387 (25%) (8,020) 58,174 N/A Financial expenses, net (951,945) (895,295) (6%) (275,400) (228,192) (21%) Foreign exchange gain (loss), net (331,009) (66,738) (396%) 139,464 90,470 54% Net income (loss) before income taxes 40,835 798,354 (95%) (143,956) (79,548) (81%) Income tax benefit (expenses) (970,993) (139,544) (596%) (181,475) 50,397 N/A Consolidated net income (loss) (930,158) 658,810 N/A (325,431) (29,151) (1016%) Non-controlling interest net income (loss) 95 25 280% 73 4 1725% Controlling Interest net income (loss) (930,063) 658,835 N/A (325,358) (29,147) (1016%) Operating EBITDA 2,782,866 3,255,800 (15%) 372,482 628,342 (41%) Earnings per share (0.18) 0.13 N/A (0.06) (0.01) (1016%) as of December 31 BALANCE SHEET 2018 2017 % Var Total Assets 55,698,101 51,751,676 8% Cash and Temporary Investments 1,813,665 1,058,267 71% Trade Accounts Receivables 708,906 833,259 (15%) Other Receivables 1,053,379 101,002 943% Inventories 3,488,178 3,258,252 7% Assets held for sale 0 90,629 Other Current Assets 1,690,546 1,310,504 29% Current Assets 8,754,674 6,651,913 32% Fixed Assets 15,617,365 15,582,732 0% Investments in an associate and other investments 14,097 15,407 (9%) Other assets and noncurrent accounts receivables 2,887,848 716,700 303% Deferred income taxes—net 564,423 925,230 (39%) Goodwill 27,859,694 27,859,694 0% Other Assets 31,326,062 29,517,031 6% Total Liabilities 26,825,821 22,329,280 20% Current Liabilities 10,080,385 6,873,552 47% Long-Term Liabilities 16,009,642 14,674,110 9% Other Liabilities 735,794 781,618 (6%) Consolidated Stockholders’ Equity 28,872,280 29,422,396 (2%) Non-controlling Interest 193 221 (13%) Stockholders’ Equity Attributable to Controlling Interest 28,872,087 29,422,175 (2%) 2018 Fourth Quarter Results Page 5

Financial Results Income Statement & Balance Sheet Information CEMEX Holdings Philippines, Inc. (Thousands of U.S. Dollars, except per share amounts) January—December Fourth Quarter INCOME STATEMENT 2018 2017 % var 2018 2017 % var Net sales 444,422 432,388 3% 104,296 103,218 1% Cost of sales (271,521) (246,139) (10%) (68,392) (60,367) (13%) Gross profit 172,901 186,249 (7%) 35,904 42,851 (16%) Selling and Administrative expenses (57,101) (61,121) 7% (15,265) (15,382) 1% Distribution expenses (89,867) (85,698) (5%) (19,828) (21,237) 7% Operating earnings before other expenses, net 25,933 39,430 (34%) 811 6,232 (87%) Other income (expenses), net (809) (4,489) 82% (963) (5,084) 81% Operating earnings (loss) 25,124 34,941 (28%) (152) 1,148 N/A Financial expenses, net (18,066) (17,770) (2%) (5,210) (4,509) (16%) Foreign exchange gain (loss), net (6,282) (1,325) (374%) 2,639 1,788 48% Net income (loss) before income taxes 776 15,846 (95%) (2,723) (1,573) (73%) Income tax benefit (expenses) (18,428) (2,770) (565%) (3,433) 996 N/A Consolidated net income (loss) (17,652) 13,076 N/A (6,156) (577) (967%) Non-controlling interest net income (loss) 2 0 1 0 Controlling Interest net income (loss) (17,650) 13,076 N/A (6,155) (577) (967%) Operating EBITDA 52,813 64,623 (18%) 7,047 12,417 (43%) as of December 31 BALANCE SHEET 2018 2017 % Var Total Assets 1,059,302 1,036,485 2% Cash and Temporary Investments 34,493 21,195 63% Trade Accounts Receivables 13,482 16,689 (19%) Other Receivables 20,034 2,023 890% Inventories 66,340 65,256 2% Assets held for sale 0 1,815 Other Current Assets 32,153 26,247 23% Current Assets 166,502 133,225 25% Fixed Assets 297,021 312,092 (5%) Investments in an associate and other investments 268 309 (13%) Other assets and noncurrent accounts receivables 54,923 14,353 283% Deferred income taxes—net 10,735 18,531 (42%) Goodwill 529,853 557,975 (5%) Other Assets 595,779 591,168 1% Total Liabilities 510,191 447,212 14% Current Liabilities 191,715 137,663 39% Long-Term Liabilities 304,482 293,894 4% Other Liabilities 13,994 15,655 (11%) Consolidated Stockholders’ Equity 549,110 589,273 (7%) Non-controlling Interest 4 4 (10%) Stockholders’ Equity Attributable to Controlling Interest 549,106 589,269 (7%) 2018 Fourth Quarter Results Page 6

Definitions of Terms and Disclosures Methodology for translation, consolidation, and presentation of Definition of terms results PHP refers to Philippine Pesos. CEMEX Holdings Philippines, Inc. (“CHP”) reports its consolidated financial statements under Philippine Financial Reporting Standards pp equals percentage points. (“PFRS”). When reference is made in 2018 and 2017 to consolidated financial statements, it means CHP financial information together with Prices all references to pricing initiatives, price increases or decreases, its subsidiaries. refer to our prices for our products. For the purpose of presenting figures in U.S. dollars, the consolidated Operating EBITDA equals operating earnings before other expenses, balance sheet as of December 31, 2018 has been converted at the end net, plus depreciation and operating amortization. of period exchange rate of 52.58 Philippine pesos per US dollar while the consolidated income statement for the twelve-month period ended Free cash flow equals operating EBITDA minus net interest expense, December 31, 2018 has been converted at the January to December maintenance and strategic capital expenditures, change in working 2018 average exchange rate of 52.69 Philippine pesos per US dollar. On capital, taxes paid, and other cash items (net other expenses less the other hand, the consolidated income statement for the three- proceeds from the disposal of obsolete and/or substantially depleted month period ended December 31, 2018 has been converted at the operating fixed assets that are no longer in operation). October to December 2018 average exchange rate of 52.86 Philippine Maintenance capital expenditures investments incurred for the purpose pesos per US dollar. 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. Strategic capital expenditures 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. Change in Working capital in the Free cash flow statements only include trade receivables, trade payables, receivables and payables from and to related parties, other current receivables, inventories, other current assets, and other accounts payable and accrued expense. Net debt equals total debt minus cash and cash equivalents. Exchange Rates January—December Fourth Quarter January—December 2018 2017 2018 2017 2018 2017 average average average average End of period End of period Philippine peso 52.69 50.38 52.86 50.60 52.58 49.93 Amounts provided in units of local currency per US dollar 2018 Fourth Quarter Results Page 7

Exhibit 3

4Q 2018 RESULTS February 8, 2019

This presentation contains forward-looking statements. In some cases, these statements can be identified by the use of forward-looking words such as “may,” “should,” “could,” “anticipate,” “estimate,” “expect,” “plan,” “believe,” “predict,” “potential” and “intend” or other similar words. These forward-looking statements reflect current expectations and projections about future events of CEMEX Holdings Philippines, Inc. (“CHP”) based on CHP’s knowledge of present facts and circumstances and assumptions about future events. These statements necessarily involve risks and uncertainties that could cause actual results to differ materially from CHP’s expectations. Some of the risks, uncertainties and other important factors that could cause results to differ, or that otherwise could have an impact on CHP or its subsidiaries, include, but are not limited to, the cyclical activity of the construction sector; CHP’s exposure to other sectors that impact CHP’s business, such as the energy sector; competition; general political, economic and business conditions in the markets in which CHP operates; the regulatory environment, including environmental, tax, antitrust and acquisition-related rules and regulations; CHP’s ability to satisfy its debt obligations and the ability of CEMEX, S.A.B. de C.V. (“CEMEX”), the ultimate parent company of the major shareholder of CHP, to satisfy CEMEX’s obligations under its material debt agreements, the indentures that govern CEMEX’s senior secured notes and CEMEX’s other debt instruments; expected refinancing of CEMEX’s existing indebtedness; the impact of CEMEX’s below investment grade debt rating on CHP’s and CEMEX’s cost of capital; CEMEX’s ability to consummate asset sales and fully integrate newly acquired businesses; achieve cost-savings from CHP’s cost-reduction initiatives and implement CHP’s pricing initiatives for CHP’s products; the increasing reliance on information technology infrastructure for CHP’s invoicing, procurement, financial statements and other processes that can adversely affect operations in the event that the infrastructure does not work as intended, experiences technical difficulties or is subjected to cyber-attacks; weather conditions; natural disasters and other unforeseen events; and the other risks and uncertainties described in CHP’s public filings. Readers are urged to read these presentations and carefully consider the risks, uncertainties and other factors that affect CHP’s business. The information contained in these presentations is subject to change without notice, and CHP is not obligated to publicly update or revise forward-looking statements. Unless the context indicates otherwise, all references to pricing initiatives, price increases or decreases, refer to CHP’s prices for products sold or distributed by CHP or its subsidiaries.Copyright CEMEX Holdings Philippines, Inc. and its subsidiaries 2

2018 Highlights ✓ Zero Employee and Contractor LTI (Lost Time Injury) in 2018 ✓ Record sales volume for the full year (2018) ✓ Record sales volume for a semester (1H18) ✓ Record sales volume for a quarter (3Q18) ✓ Operative efficiency above 90% for all kilns (Solid Cement and APO Cement) ✓ Plant Quality Index (PQI) above 90% CEMEX standard (Solid Cement and APO Cement). PQI measures consistency in product quality. ✓ APO Cement ranked #1 in Analytical Reliability Evaluation (ARE) among CEMEX operations globally ✓ Implemented debottlenecking initiatives to increase production and supply chain throughput by 500 thousand tons ✓ Launched CEMEX Go digital platform on Oct. 15, 2018 ✓ Achieved extended uninterrupted production at our Solid Cement kiln with no shutdown in 2017 and 2018 ✓ Signed agreement between Solid Cement and CBMI Construction Co., Ltd. of China for the procurement, construction, and installation of Solid Cement’s new cement production line 3

Domestic Cement Volumes and Prices 4Q18 vs. 4Q18 vs. 9M18 vs. 2018 vs. 2017 4Q17 3Q18 9M17 Domestic Volume 7% 0% (10%) 10% Cement Price (PHP) 1% 6% 1% (1%) Domestic cement volumes were flat year-over-year during the fourth quarter. • Production constraints caused by the landslide in Naga, Cebu, near our APO Plant, affected volume performance For 2018, domestic cement volumes grew 7% versus the same period last year. • Growth driven by infrastructure and residential sectors • Supported by debottlenecking initiatives to increase production and supply chain throughput • Achieved record domestic cement sales volumes for the full year Domestic cement prices were 6% higher during the fourth quarter versus the same period last year. Sequentially, domestic cement prices increased by 1%, reflecting adjustments for higher input costs. 2018 domestic cement prices were 1% higher compared with 2017. 4

Net Sales Net sales increased year-over-year by 6% during the Net Sales1 fourth quarter and by 7% in 2018. +7% +6% 21,784 23,418 5,223 5,513 4Q17 4Q18 2017 2018 1 Millions of Philippine Pesos 5

Private Sector Total construction gross value grew by 19% and 15%, Approved Building Permits respectively, in the fourth quarter and full year 2018. Year-over-year growth Residential construction remained solid in the fourth based on floor area1 quarter of 2018, supported by the demand from OFWs, 60% foreign investors, and workers from outsourcing and 40% offshoring (O&O) companies. 20% Non-residential construction activity continued to grow 0% in the fourth quarter of 2018. -20% -40% Analysts reported sustained office space demand from 1Q17 2Q17 3Q17 4Q17 1Q18 2Q18 3Q18 outsourcing and offshoring firms, online gaming companies, and operators of flexible workspaces. Residential Non-Residential Total Construction Gross Value Investment in Private Construction Year-over-year growth1 Year-over-year growth1 1Q18 2Q18 3Q18 4Q18 FY2018 1Q18 2Q18 3Q18 4Q18 FY2018 10% 14% 16% 19% 15% 7% 9% 14% 20% 13% 6 1Source: Philippine Statistics Authority

Public Sector Disbursement on Infrastructure and Capital Outlays Infrastructure construction continued to grow in (in PHP billion)1 the fourth quarter of 2018 supported by 50% y-o-y 2017 2018 growth in infrastructure and capital outlay +83% disbursements in the first eleven months of 2018. +75% The National Economic and Development +39% +71% 94 Authority reported that a total of 9 flagship +96% 85 +22% projects have broken ground by end-2018. +32% +44% +26% +26% +44% 72 66 68 65 In the fourth quarter of 2018, the public sector 63 63 58 accounted for 23% of total construction activity 51 48 52 48 54 52 43 46 40 44 and grew by 16% year-on-year. 35 35 34 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Investment in Public Construction Year-over-year growth2 % of Total Construction Investments2 1Q18 2Q18 3Q18 4Q18 FY2018 1Q18 2Q18 3Q18 4Q18 FY2018 25% 21% 26% 16% 21% 21% 40% 21% 23% 27% Source: 1 Department of Budget and Management; Department of Finance; 7 2 Philippine Statistics Authority

Cost of Sales Cost of sales, as a percentage of sales, was 7 Cost of Sales Fuel and Power pp* higher year-over-year in 4Q18 due to (% of sales) (% of cost of sales) increased raw material costs as APO Cement Plant used raw materials from other sources following the landslide in Naga, Cebu. Excluding 66% the impact of the landslide, this figure is 61% Fuel 58% 57% estimated to have been 1 pp higher year-over-year. Power In 4Q18, fuel costs and power costs impact impact accounted for 12% and 17% of cost of sales, or a 12 pp* and 4 pp decline year-over-year, respectively, due to disrupted kiln operations Landslide Landslide 25% 22% 21% following the landslide. w/o 12% Cost of sales, as a percentage of sales, was 4 pp w/o higher year-over-year in 2018. This was mainly 59% 60% 21% 21% 21% driven by increased raw material costs due to 17% the landslide, and higher fuel and power costs, resulting from increased global fuel prices and 4Q17 4Q18 2017 2018 4Q17 4Q18 2017 2018 the impact of the tax reform. Excluding the impact of the landslide, this figure is estimated to have been 3 pp higher year-over-year. * Difference due to rounding 8

Operating Expenses Distribution Selling and Administrative Distribution expenses, as a percentage of (% of net sales) (% of net sales) sales, decreased by 2 pp year-over-year during the fourth quarter mainly due to optimization of vessel charter agreements. For 2018, distribution expenses, as a percentage of sales, were flat year-over-year. Initiatives to increase operational efficiency mitigated higher fuel costs and other inputs. Selling and administrative expenses, as a percentage of sales, declined by 1 pp in 2018 21% 19% 20% 20% due to efforts to optimize costs and lower 15% 15% 14% 13% marketing expenses. 4Q17 4Q18 2017 2018 4Q17 4Q18 2017 2018 9

Operating EBITDA and Operating EBITDA Margin Operating EBITDA Variation1 Fourth quarter operating EBITDA decreased by 41% year-over-year. 12% 7% 13%2 Operating EBITDA margin during the quarter was 7%, 5 pp lower than 4Q17. Margins were affected by increased raw material costs as APO Cement Plant used alternative raw materials from other sources following the landslide in Naga, Cebu. This impact was partially offset by the price 15% 12% 13%2 increase implemented in November. For 2018, operating EBITDA decreased by 15% compared to 2017. Operating EBITDA margin for 2018 was 12%. 1 % Refers to operating EBITDA margin Millions of Philippine Pesos 10 2 Based on adjusted sales figures without landslide impact

Net Income Net income for the fourth quarter recorded a loss of PHP 325 million, Net Income1 mainly due to lower operating EBITDA, higher financial expenses, and higher income tax expenses. For 2018, the company incurred a loss of PHP 930 million due to higher 659 income tax expenses recorded in the second quarter, lower operating EBITDA, and higher foreign exchange losses. Fourth Quarter January—December (29) (In Millions of Philippine Pesos) 2018 2017 % var 2018 2017 % var Operating earnings (8) 58 N/A 1,324 1,760 (25%) (325) Financial expenses, net (275) (228) (21%) (952) (895) (6%) (930) Foreign exchange gain (loss), net 139 90 54% (331) (67) (396%) Net income (loss) before income taxes (144) (80) (81%) 41 798 (95%) Income tax benefit (expenses) (181) 50 N/A (971) (140) (596%) Consolidated net income (loss) (325) (29) (1016%) (930) 659 N/A 4Q17 4Q18 2017 2018 11 1 Millions of Philippine Pesos

4Q 2018 FREE CASH FLOW & GUIDANCE

Free Cash Flow January—December Fourth Quarter Free cash flow in 2018 reached 2018 2017 2018 2017 % var % var PHP 1.0 billion after maintenance 1 CAPEX and PHP 733 million after Operating EBITDA 2,783 3,256 (15%) 372 628 (41%) strategic CAPEX as efforts to extend —Net Financial Expenses 952 895 275 228 working capital generated additional —Maintenance Capex 1,145 844 652 431 cash benefits. These figures include a —Change in Working Capital2 (886) (116) (108) 232 PHP 416 million negative impact to operating EBITDA and PHP 580 million —Income Taxes Paid 500 553 80 129 use of cash flow from higher working —Other Cash Items (net) 43 (153) 51 (122) capital, both due to the landslide in Free Cash Flow after Naga. 1,029 1,232 (16%) (578) (270) (114%) Maintenance Capex —Strategic Capex 295 485 62* 43 Free Cash Flow 733 747 (2%) (640) (314) (104%) Millions of Philippine Pesos 1 Includes (PHP 416 M) adverse impact of Naga Landslide to operating EBITDA in 4Q18 and full year 2018 2 Includes PHP 580 M decrease in working capital benefit (use of cash flow) due to Naga Landslide in 4Q18 and full year 2018 13 * In 4Q18, US$ 39.4 M was paid to Solid Cement Plant’s capacity expansion contractor. This amount was classified under “Advances for plant expansion”.

Sustaining Growth Capture growth • Solid Cement expansion Improve Customer Experience Favorable Macroeconomic • CEMEX Go Fundamentals Empowered to • Net Promoter Score serve and Growing deliver Operational Improvements Cement Demand • Increase production via lower clinker utilization • Productivity • Alternative Fuels 14

Solid Cement Plant Capacity Expansion Expected total investment of US$ 235 million New line expected to start operations in the fourth quarter of 2020 Approval of Philippine Board of Investments (BOI) application, entitling the new line to tax incentives Investment to date of US$ 64 million, of which US$ 39 million are advances which will be capitalized in 2019 and 2020 We continue to evaluate different funding options to execute this transaction and support our growth plans to take advantage of expected long-term market growth. 15

2019 Updates ✓ Major works for Solid Cement new line expansion to start in 2019 ✓ Implement new supply chain initiatives to lower distribution cost as a percentage to sales by 1 to 2 pp ✓ Further increase in cement production via lower clinker utilization ✓ Shift in coal mix for greater cost-efficiency ✓ Executed scheduled Solid Cement kiln maintenance in January following uninterrupted production in 2017 and 2018

2019 Guidance Cement volumes 8-10% PHP 975 million Maintenance CAPEX Capital expenditures PHP 6,775 million Solid Cement Plant Expansion CAPEX PHP 7,450 million Total CAPEX

Performance and Strategy Highlights ✓ Highly efficient operations, ranking among the top in CEMEX globally ✓ Operating in a growing market, supported by private and public construction, with sound macroeconomic fundamentals ✓ Running at high capacity utilization, requiring additional capacity to continue serving the increasing cement needs of the country ✓ Investing in a new, cost-efficient, and strategically-located new line in Solid Cement Plant, located in Antipolo, Rizal ✓ The expansion of CHP in the country has the full support of CEMEX, S.A.B. de C.V. 18

Q&A SESSION 4Q 2018 RESULTS

4Q 2018 APPENDIX

Debt-related Information During the fourth quarter of 2018, SOLID Cement Corporation (“SOLID”) availed of a subordinated revolving credit facility from a related company, CEMEX Asia, B.V. Principal Amount: Up to US$ 75 million Use of Proceeds: General corporate purposes including the refinancing of existing debt and the funding of the construction and installation of Solid Cement Plant’s capacity expansion Tenor: 6 years Interest Rate1: Fixed based on a range of 8.2% to 10.2% per annum, depending on CHP’s consolidated leverage (Net debt/Consolidated EBITDA) Other Information: • SOLID is entitled to prepay the loan with any other proceeds2 at any given time and with no prepayment penalty whatsoever • Payments under this facility are subordinated to the Facility Agreement dated February 1, 2017 signed between CHP and BDO Unibank, Inc., and subject to the restrictions that exist in the Facility Agreement • SOLID made an initial drawdown on this facility equivalent to approximately US$ 40.7 million in November 2018. 1 Pre-tax 21 2 Aside from a new loan from a related company outside the CHP group

Debt Information Maturity Profile1 2 6,656 Related Party Loans BDO Debt 5,027 Total Debt: PHP 17,378 4,201 Avg. life of debt: 4.2 years Net Debt to EBITDA3: 5.6x 2,537 1,214 1,074 1,664 140 140 140 2019 2020 2021 2022 2023 2024 1 Millions of Philippine Pesos 2 Pertains to loans with CEMEX Asia B.V. 3 Last 12 months Consolidated EBITDA 22

Definitions 9M18 / 9M17 Results for the first nine months of the years 2018 and 2017, respectively PHP Philippine Pesos Pp Percentage points Prices All references to pricing initiatives, price increases or decreases, refer to our prices for our products. Operating EBITDA Operating earnings before other expenses, net, plus depreciation and operating amortization. Free Cash Flow 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), Maintenance Capital Investments incurred for the purpose of ensuring the company’s operational continuity. These include capital expenditures 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, Strategic capital investments incurred with the purpose of increasing the company’s profitability. These include capital expenditures on expenditures projects designed to increase profitability by expanding capacity, and margin improvement capital expenditures, which are projects designed to increase profitability by reducing costs. Change in Working capital in Only include trade receivables, trade payables, receivables and payables from and to related parties, other current the Free cash flow receivables, inventories, other current assets, and other accounts payable and accrued expense. statements Net Debt Total debt minus cash and cash equivalents. 23

Contact Information Investor Relations Stock Information In the Philippines PSE: +632 849 3600 CHP chp.ir@cemex.com