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 October, 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

CHP REPORTS THIRD-QUARTER 2019 RESULTS

MANILA, PHILIPPINES. OCTOBER 25, 2019 – CEMEX HOLDINGS PHILIPPINES, INC. (“CHP”) (PSE: CHP), announced today that sales increased by 2% during the first nine months of 2019, amounting to PHP 18.2 billion, versus the comparable period in 2018. For the third quarter, net sales decreased by 3% year-over-year, due to lower volumes.

Domestic cement volumes for the third quarter declined by 6% year-over-year due to lower construction activity, mainly related to public infrastructure. In addition, delays in infrastructure projects impacted private investment negatively.

The company now expects its cement volumes to be flat during 2019.

Cost of sales, as a percentage of sales, remained flat, at 59%, for the first nine months of the year.

Operating expenses, as a percentage of sales, were lower by 3 percentage points year-over-year during the first nine months of 2019, with the reduction coming from the distribution side. For full year 2019, the company is targeting to lower distribution expenses, as a percentage of sales, by 2 to 3 percentage points.

CHP posted an operating EBITDA of PHP 3.4 billion during the first nine months of the year.

Ignacio Mijares, CHP President and CEO, said: “We continued to face lower construction activity during the third quarter. Nevertheless, we are pleased with what we have achieved through the first nine months of the year, particularly with our own efforts to optimize costs, maintain efficiencies, and improve our customers’ experience. We continue to believe in the long-term growth prospects of the Philippines, as infrastructure remains a vital engine for growth in the country.”

Regarding the company’s Stock Rights Offering (“SRO”), CHP has initiated the corresponding processes with the Securities and Exchange Commission of the Philippines and the Philippine Stock Exchange. Subject to having the corresponding approvals, CHP currently expects that the SRO would be finalized during the first quarter of 2020. CHP expects to disclose the terms and conditions of the SRO on a later date as is standard for these types of transactions.

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

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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

2019 THIRD QUARTER RESULTS â–ª Stock Listing Information Philippine Stock Exchange Ticker: CHP â–ª Investor Relations + 632 8849 3600 E-Mail: chp.ir@cemex.com

Operating and Financial Highlights January—September Third Quarter 2019 2018 % var 2019 2018 % var Net sales 18,224 17,905 2% 5,868 6,026 (3%) Gross profit 7,506 7,273 3% 2,424 2,276 7% as % of net sales 41% 41% 1pp 41% 38% 4pp Operating earnings before other expenses, net 2,085 1,438 45% 628 344 82% as % of net sales 11% 8% 3pp 11% 6% 5pp Controlling Interest Net Income (Loss) 875 (663) N/A 72 (79) N/A Operating EBITDA 3,446 2,850 21% 1,075 840 28% as % of net sales 19% 16% 3pp 18% 14% 4pp Free cash flow after maintenance capital expenditures 2,891 1,924 50% 1,204 285 323% Free cash flow 851 1,691 (50%) (437) 236 N/A 1 17,643 15,252 16% 17,643 15,252 16% Net debt 1 20,235 17,769 14% 20,235 17,769 14% Total debt 2 0.17 (0.13) N/A 0.01 (0.02) N/A 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 rates. See Debt Information on page 4 and Exchange Rates on page 8 for more detail. 2 In Philippine Pesos Net sales declined by 3% year-over-year during the quarter due to lower volumes. Cost of sales was at 59% of sales during the quarter versus 62% in the same period of 2018 due to lower fuel and power costs, a result of using a new coal mix and benefits from lower electricity rates, respectively. Operating expenses, as a percentage of sales, during the quarter decreased by 1 pp compared to the same period in 2018. Distribution expenses, as a percentage of sales, decreased by 2 pp year-over-year during the quarter, mainly due to lower double-handling, and supply-chain-optimization initiatives. Selling and administrative expenses, as a percentage of sales, increased by 1 pp year-over-year during the quarter. For the first nine months of the year, selling and administrative expenses increased slightly, by 0.4 pp of sales. Operating EBITDA during the quarter increased by 28% year-over-year. Operating EBITDA margin during the quarter was at 18%. Controlling interest net income for the quarter was at PHP 72 million, benefitting mainly from higher operating earnings. Total debt, including leases, at the end of September 2019 stood at PHP 20,235 million, of which PHP 11,961 million pertained to long-term debt owed to BDO Unibank, Inc. 2019 Third Quarter Results Page 2

Operating Results Domestic Gray Cement January—September Third Quarter Third Quarter 2019 2019 vs. 2018 2019 vs. 2018 vs. Second Quarter 2019 Volume (3%) (6%) (2%) Price in PHP 5% 3% (2%) Our domestic cement volumes decreased by 6% year-over-year during the quarter due to lower construction activity, mainly related to public infrastructure. In addition, delays in infrastructure projects impacted private investment negatively. Our domestic cement prices were 3% higher year-over-year during the quarter, a result of price adjustments implemented in 2018. 2019 Third Quarter Results Page 3

Operating EBITDA, Free Cash Flow and Debt Information Operating EBITDA and Free Cash Flow January—September Third Quarter 2019 2018 % var 2019 2018 % var Operating earnings before other expenses, net 2,085 1,438 45% 628 344 82% + Depreciation and operating amortization 1,362 1,413 447 496 Operating EBITDA 3,446 2,850 21% 1,075 840 28% - Net financial expenses 1,067 799 352 272—Maintenance capital expenditures 386 493 28 131—Change in working capital (1,140) (778) (583) (30)—Income taxes paid 274 420 93 177—Other cash items (net) (32) (8) (22) 6 Free cash flow after maintenance capital expenditures 2,891 1,924 50% 1,204 285 323% - Strategic capital expenditures 2,040 233 1,641 49 Free cash flow 851 1,691 (50%) (437) 236 N/A In millions of Philippine Pesos Debt Information Second Third Quarter Quarter 2019 2018 % var 2019 (1)(2) 20,235 17,769 14% 21,162 Total debt Short term 9% 5% 8% Long term 91% 95% 92% Cash and cash equivalents 2,592 2,517 3% 4,275 Net debt 17,643 15,252 16% 16,887 (3) 4.04 4.84 Leverage Ratio (3) 3.40 3.28 Coverage Ratio Third Quarter 2019 2018 Currency denomination U.S. dollar 28% 8% Philippine peso 72% 92% Interest rate Fixed 44% 53% Variable 56% 47% In millions of Philippine Pesos, except percentages (1) U.S. dollar debt converted using end-of-period exchange rates. See Exchange Rates on page 8 for more detail. (2) Includes leases, in accordance with Philippine Financial Reporting Standards (PFRS). (3) Based on BDO Loan Facility financial covenants which we are required to comply commencing in June 2020. 2019 Third 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—September Third Quarter INCOME STATEMENT 2019 2018 % var 2019 2018 % var Net sales 18,223,518 17,905,121 2% 5,867,591 6,025,788 (3%) Cost of sales (10,717,942) (10,632,358) (1%) (3,443,247) (3,749,496) 8% Gross profit 7,505,576 7,272,763 3% 2,424,344 2,276,292 7% Selling and Administrative expenses (2,307,000) (2,194,935) (5%) (760,793) (716,037) (6%) Distribution expenses (3,113,928) (3,639,958) 14% (1,035,832) (1,216,079) 15% Operating earnings before other expenses, net 2,084,648 1,437,870 45% 627,719 344,176 82% Other income (expenses), net 32,159 8,238 290% 21,681 (6,082) N/A Operating earnings (loss) 2,116,807 1,446,108 46% 649,400 338,094 92% Financial expenses, net (1,067,235) (799,380) (34%) (352,432) (272,273) (29%) Foreign exchange gain (loss), net 127,921 (545,730) N/A (146,480) (71,596) (105%) Net income (loss) before income taxes 1,177,493 100,998 1066% 150,488 (5,775) N/A Income tax benefit (expenses) (302,811) (764,431) 60% (78,117) (72,929) (7%) Consolidated net income (loss) 874,682 (663,433) N/A 72,371 (78,704) N/A Non-controlling interest net income (loss) 18 21 (14%) 6 5 20% Controlling Interest net income (loss) 874,700 (663,412) N/A 72,377 (78,699) N/A Operating EBITDA 3,446,204 2,850,436 21% 1,074,503 840,083 28% Earnings per share 0.17 (0.13) N/A 0.01 (0.02) N/A as of September 30 as of December 31 BALANCE SHEET 2019 2018 % Var 2018 % Var Total Assets 58,150,371 54,611,636 6% 58,058,770 0% Cash and Temporary Investments 2,591,799 2,517,344 3% 1,813,665 43% Derivative Asset 2,777 0 12,875 (78%) Trade Accounts Receivables 1,052,519 981,613 7% 708,906 48% Other Receivables 73,410 93,202 (21%) 103,396 (29%) Insurance Claims and Premium Receivables 518 0 949,983 (100%) Inventories 2,944,124 3,123,916 (6%) 3,488,178 (16%) Assets Held for Sale 0 22,653 0 Other Current Assets 1,108,763 973,857 14% 1,677,671 (34%) Current Assets 7,773,910 7,712,585 1% 8,754,674 (11%) Fixed Assets 19,076,228 17,533,294 9% 17,768,023 7% Investments in an Associate and Other Investments 14,097 14,097 0% 14,097 0% Other Assets and Noncurrent Accounts Receivables 887,865 748,991 19% 818,247 9% Advances to Contractors 1,778,104 0 2,069,601 (14%) Deferred Income Taxes—net 760,473 742,975 2% 774,434 (2%) Goodwill 27,859,694 27,859,694 0% 27,859,694 0% Other Assets 31,300,233 29,365,757 7% 31,536,073 (1%) Total Liabilities 28,724,703 25,583,829 12% 29,332,804 (2%) Current Liabilities 9,604,901 7,965,829 21% 10,534,046 (9%) Long-Term Liabilities 16,511,763 14,590,300 13% 16,009,642 3% Deferred Tax Liability 7,624 51,358 (85%) 147,387 (95%) Other Liabilities 2,600,415 2,976,342 (13%) 2,641,729 (2%) Consolidated Stockholders’ Equity 29,425,668 29,027,807 1% 28,725,966 2% Non-controlling Interest 175 200 (13%) 193 (9%) Stockholders’ Equity Attributable to Controlling Interest 29,425,493 29,027,607 1% 28,725,773 2% 2019 Third 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—September Third Quarter INCOME STATEMENT 2019 2018 % var 2019 2018 % var Net sales 351,534 340,143 3% 113,735 112,568 1% Cost of sales (206,750) (201,982) (2%) (66,743) (70,045) 5% Gross profit 144,784 138,161 5% 46,992 42,523 11% Selling and Administrative expenses (44,502) (41,698) (7%) (14,747) (13,377) (10%) Distribution expenses (60,068) (69,148) 13% (20,078) (22,718) 12% Operating earnings before other expenses, net 40,214 27,315 47% 12,167 6,428 89% Other income (expenses), net 620 156 297% 420 (114) N/A Operating earnings (loss) 40,834 27,471 49% 12,587 6,314 99% Financial expenses, net (20,587) (15,186) (36%) (6,831) (5,086) (34%) Foreign exchange gain (loss), net 2,468 (10,367) N/A (2,839) (1,337) (112%) Net income (loss) before income taxes 22,715 1,918 1084% 2,917 (109) N/A Income tax benefit (expenses) (5,841) (14,522) 60% (1,514) (1,362) (11%) Consolidated net income (loss) 16,874 (12,604) N/A 1,403 (1,471) N/A Non-controlling interest net income (loss) 0 0 0 0 Controlling Interest net income (loss) 16,874 (12,604) N/A 1,403 (1,471) N/A Operating EBITDA 66,478 54,150 23% 20,828 15,694 33% as of September 30 as of December 31 BALANCE SHEET 2019 2018 % Var 2018 % Var Total Assets 1,121,944 1,010,952 11% 1,104,199 2% Cash and Temporary Investments 50,006 46,600 7% 34,493 45% Derivative Asset 54 0 245 (78%) Trade Accounts Receivables 20,307 18,171 12% 13,482 51% Other Receivables 1,416 1,725 (18%) 1,966 (28%) Insurance Claims and Premium Receivables 10 0 18,067 (100%) Inventories 56,803 57,829 (2%) 66,340 (14%) Assets Held for Sale 0 419 0 Other Current Assets 21,392 18,028 19% 31,907 (33%) Current Assets 149,989 142,773 5% 166,502 (10%) Fixed Assets 368,054 324,570 13% 337,924 9% Investments in an Associate and Other Investments 272 261 4% 268 1% Other Assets and Noncurrent Accounts Receivables 17,130 13,865 24% 15,562 10% Advances to Contractors 34,306 0 39,361 (13%) Deferred Income Taxes—net 14,672 13,754 7% 14,729 (0%) Goodwill 537,521 515,729 4% 529,853 1% Other Assets 603,902 543,609 11% 599,773 1% Total Liabilities 554,210 473,599 17% 557,870 (1%) Current Liabilities 185,315 147,461 26% 200,343 (8%) Long-Term Liabilities 318,575 270,091 18% 304,482 5% Deferred Tax Liability 147 951 (85%) 2,803 (95%) Other Liabilities 50,172 55,097 (9%) 50,242 (0%) Consolidated Stockholders’ Equity 567,734 537,353 6% 546,329 4% Non-controlling Interest 3 4 (9%) 4 (8%) Stockholders’ Equity Attributable to Controlling Interest 567,731 537,349 6% 546,325 4% 2019 Third Quarter Results Page 6

Supplemental Information Newly issued PFRS effective in 2019 PFRS 16, Leases (“PFRS 16”) In summary, beginning January 1, 2019, PFRS 16 introduces a single lessee accounting model and requires a lessee to recognize, for all leases, allowing exemptions in case of leases with a term of less than 12 months or when the underlying asset is of low value, assets for the right-of-use of the underlying asset against a corresponding financial liability, representing the net present value of estimated lease payments under the contract, with a single income statement model in which a lessee recognizes amortization of the right-of-use asset and interest on the lease liability. After concluding the inventory and measurement of its leases, CEMEX Holdings Philippines, Inc. and Subsidiaries adopted PFRS 16 using the full retrospective approach by means of which it determined an opening cumulative effect in its statement of financial position as of January 1, 2018, after the application of PFRS 9, Financial Instruments, as follows: (Thousands of Philippine Pesos) As of January 1, 2018 Assets for the right-of-use 2,167,178 Deferred income tax assets 1,067,565 Deferred income tax liability (92,674) Lease liabilities 2,318,299 Retained earnings 1 1,951,819 1 The initial effect in retained earnings refers to a temporary difference between the straight-line amortization expense of the right-of-use asset and the amortization of the financial liability under the effective interest rate method since origination of the contracts. This difference will reverse over the remaining term of the contracts. CEMEX Holdings Philippines, Inc. and Subsidiaries modified the previously reported income statement for the nine-month period ended September 30, 2018 to give effect to the retrospective adoption of PFRS 16, as follows: SELECTED INFORMATION INCOME STATEMENT As originally reported As modified Third Third (Thousands of Philippine Pesos) Jan-Sep Quarter Jan-Sep Quarter Revenues 17,905,121 6,025,788 17,905,121 6,025,788 Cost of sales (10,692,260) (3,769,657) (10,632,358) (3,749,496) Operating expenses (5,889,289) (1,952,047) (5,834,893) (1,932,116) Other expenses, net 8,238 (6,081) 8,238 (6,081) Financial expenses and others, net (1,147,018) (291,213) (1,345,110) (343,869) Earnings before income tax 184,792 6,790 100,998 (5,774) Income tax (789,517) (76,675) (764,431) (72,929) Earnings from continuing operations (604,725) (69,885) (663,433) (78,703) As of September 30, 2019 and December 31, 2018, assets for the right-of-use amounted to PHP 2,121 million and PHP 2,151 million, respectively. In addition, financial liabilities related to lease contracts amounted to PHP 2,365 million as of September 30, 2019 and PHP 2,360 million as of December 31, 2018. These amounts of financial liabilities as of September 30, 2019 and December 31, 2018 are included in the “Debt Information” section appearing on page 4. 2019 Third Quarter Results Page 7

Definitions of Terms and Disclosures Methodology for translation, consolidation, and presentation of results CEMEX Holdings Philippines, Inc. (“CHP”) reports its consolidated financial statements under Philippine Financial Reporting Standards (“PFRS”). When reference is made in 2019 and 2018 to consolidated financial statements, it means CHP financial information together with its subsidiaries. For the purpose of presenting figures in U.S. dollars, the consolidated balance sheet as of September 30, 2019 has been converted at the end of period exchange rate of 51.83 Philippine pesos per US dollar while the consolidated income statement for the nine-month period ended September 30, 2019 has been converted at the January to September 2019 average exchange rate of 51.84 Philippine pesos per US dollar. On the other hand, the consolidated income statement for the three-month period ended September 30, 2019 has been converted at the July to September, 2019 average exchange rate of 51.59 Philippine pesos per US dollar. Definition of terms PHP refers to Philippine Pesos. pp equals percentage points. Prices all references to pricing initiatives, price increases or decreases, refer to our prices for our products. Operating EBITDA equals operating earnings before other expenses, net, plus depreciation and operating amortization. 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). Maintenance capital expenditures 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. 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 (debt plus leases) minus cash and cash equivalents. Exchange Rates January—September Third Quarter January—September 2019 2018 2019 2018 2019 2018 average average average average End of period End of period Philippine peso 51.84 52.64 51.59 53.53 51.83 54.02 Amounts provided in units of local currency per US dollar 2019 Third Quarter Results Page 8

Exhibit 3

3Q 2019 RESULTS October 25, 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

2019 Updates ✓ Solid Cement ranked as one of the best-in-class1 in operative efficiency within CEMEX for 3Q19. ✓ APO Cement ranked as one of the best-in-class1 in quality within CEMEX for 3Q19. ✓ One-year anniversary of CEMEX Go in the Philippines; client-adoption rate at 96% for 3Q19. ✓ Achieved 3 pp reduction year-over-year in distribution cost, as a percentage to sales, for 9M19; targeting decline of 2-3 pp for the full year. 1 Based on CEMEX’s Cement Plants Dashboard 3

Domestic Cement Volumes and Prices 9M19 vs. 3Q19 vs. 3Q19 vs. 9M18 3Q18 2Q19 Domestic Volume (3%) (6%) (2%) Cement Price (PHP) 5% 3% (2%) Domestic cement volumes decreased by 6% year-over-year during the third quarter. • Performance reflects lower year-over-year construction activity, mainly related to public infrastructure. • Delays in infrastructure projects affected private investment On a year-to-date basis, domestic cement volumes decreased by 3% compared with the same period last year. Domestic cement prices were 3% higher year-over-year during the third quarter, a result of price adjustments implemented in 2018. On a year-to-date basis, domestic cement prices were 5% higher compared with the same period last year. 4

Net Sales Net sales increased by 2% year-over-year during 9M19. Net Sales1 For the third quarter, net sales declined by 3% compared with the same period last year, due to lower volumes. 1 5 Millions of Philippine Pesos

Private Sector Construction employment increased by 4% year-over-year during the third quarter. At 4.0 million persons, this represents the lowest level for 9M19. Residential sector activity remained flat, though macroeconomic fundamentals remain stable, given muted inflation effects, higher disposable income, lower borrowing rates, and steady remittances. The non-residential sector appears to have slowed down as delays in the implementation of key public construction projects has affected private construction activity. In addition, proposed rationalization of fiscal incentives for enterprises inside economic zones dragged private investor sentiment during the quarter. Employment in Construction (M Persons) 1 6 Source: Philippine Statistics Authority

Public Sector Disbursements on Infrastructure and Capital Outlays (in PHP billion) +31% 240 220 +53% +49% 200 180 +34% 160 140 120 100 +57% -11% 80 -6% +6% -13% 60 -0.4% -40% 40 -57% 20 1Q18 2Q18 3Q18 4Q18 Jan Feb Mar Apr May Jun Jul Aug 19 19 19 19 19 19 19 19 % Refers to year-over-year growth Source: Department of Budget and Management Infrastructure and Capital Outlay was lower-than-expected despite expectations that spending would pick-up during the third quarter. During July and August, Disbursements on Infrastructure and Capital Outlays by the government were 12% lower versus the same period in 2018. 7

Cost of Sales Cost of Sales Fuel and Power (% of net sales) (% of cost of sales) Fuel Power 62% 59% 59% 59% 22% 22% 24% 20% 22% 19% 23% 19% 3Q18 3Q19 9M18 9M19 3Q18 3Q19 9M18 9M19 Cost of sales, as a percentage of sales, during 9M19 remained flat at 59%. Efficiencies derived from power and fuels mitigated additional costs from scheduled kiln maintenance of our Solid Cement, and higher sales of imported cement and cement produced with outsourced clinker during 1H19. Cost of sales, as a percentage of sales, was 3 pp lower year-over-year in 3Q19. On a unitary basis, fuel costs and power costs declined mid-single-digits, as a result of using a new coal mix and benefits from lower electricity rates. 8

Operating Expenses Distribution Selling and Administrative (% of net sales) (% of net sales) 20% 18% 20% 17% 12% 13% 12% 13% 3Q18 3Q19 9M18 9M19 3Q18 3Q19 9M18 9M19 Distribution expenses, as a percentage of sales, decreased by 3 pp year-over-year for 9M19 mainly due to lower double-handling, and supply-chain-optimization initiatives. Selling and administrative expenses, as a percentage of sales, were 0.4 pp higher for 9M19, versus the same period in 2018. 9

Operating EBITDA and Operating EBITDA Margin Operating EBITDA Variation1 18% 14% 19% 16% % Refers to operating EBITDA margin 1 Millions of Philippine Pesos Third quarter operating EBITDA increased by 28% year-over-year with an operating EBITDA margin of 18%. Year-to-date, operating EBITDA increased by 21% year-over-year with an operating EBITDA margin of 19%. 10

Net Income Net income for 9M19 benefited mainly from higher operating earnings, foreign exchange gains and lower income tax expenses. Higher financial expenses due to increases in debt level and benchmark rates. Unrealized foreign exchange losses amounting to PHP 146 million booked in the third quarter due a higher Philippine Peso exchange rate2 at the end of September 2019 versus the end of June 2019. Third Quarter January—September (In Millions of Philippine Pesos) 2019 2018 % var 2019 2018 % var Operating earnings 649 338 92% 2,117 1,446 46% Financial expenses, net (352) (272) (29%) (1,067) (799) (34%) Foreign exchange gain (loss), net (146) (72) (105%) 128 (546) N/A Net income (loss) before income taxes 150 (6) N/A 1,177 101 1066% Income tax benefit (expenses) (78) (73) (7%) (303) (764) 60% Consolidated net income (loss) 72 (79) N/A 875 (663) N/A 1 Millions of Philippine Pesos 2 PHP/US$ 51.83 as of end 3Q19 vs PHP/US$ 51.24 as of end 2Q19 Net Income1 875 72 - 663 - 79 3Q18 3Q19 9M18 9M19 11

3Q 2019 FREE CASH FLOW & GUIDANCE

Free Cash Flow January—September Third Quarter 2019 2018 % var 2019 2018 % var Operating EBITDA 3,446 2,850 21% 1,075 840 28% - Net Financial Expenses 1,067 799 352 272 - Maintenance Capex 386 493 28 131 - Change in Working Capital (1,140) (778) (583) (30) - Income Taxes Paid 274 420 93 177 - Other Cash Items (net) (32) (8) (22) 6 Free Cash Flow after 2,891 1,924 50% 1,204 285 323% Maintenance Capex - Strategic Capex 2,040 233 1,641 49 Free Cash Flow 851 1,691 (50%) (437) 236 N/A Millions of Philippine Pesos Free cash flow during 9M19 reached PHP 2.9 billion after maintenance CAPEX and PHP 851 million after total CAPEX. Benefit from working capital was due to one-time collection of insurance claims and lower inventory of materials and spare parts.

Solid Cement Plant Capacity Expansion Civil works are ongoing, mainly related to excavation and foundation works for the different buildings/structures of the project. Vertical cement mill for the new line also arrived during the quarter. New line expected to start operations in the second quarter of 2021. Expected total investment of US$235 million 14

2019 Guidance Cement volumes Flat PHP 975 million Maintenance CAPEX Capital expenditures PHP 4,700 million Solid Cement Plant Expansion CAPEX PHP 5,675 million Total CAPEX 15

Update regarding the Stock Rights Offering ✓ Initiated the corresponding processes with the Securities and Exchange Commission of the Philippines and the Philippine Stock Exchange, following approval of stockholders to increase the authorized capital stock of CHP during a special meeting of stockholders held on October 16, 2019. ✓ Subject to having the corresponding approvals, CHP currently expects that the SRO would be finalized during the first quarter of 2020. ✓ CHP to disclose the terms and conditions of the SRO on a later date as is standard for these types of transactions. 16

Q&A SESSION 3Q 2019 RESULTS

3Q 2019 APPENDIX

Debt Maturity Profile Leases Related Party Loans1 6,317 BDO Debt 32 Total Debt: PHP 20,235 4,493 5,840 Avg. life of debt2: 5.3 years 34 3 104 Net Debt to EBITDA : 4.4x 4,834 1,749 535 5,806 4,389 1,152 244 1,074* 383 1,451 243 35 22 209 35 140 140 2019 2020 2021 2022 2023 2024 2025 2026 ³ 2027 All amounts in millions of Philippine Pesos 1 Related Party Loans pertain to loans with CEMEX Asia B.V. (“CABV”) 2 Based on weighted average life of debt 3 Last 12 months Consolidated EBITDA 19 * Maturity date of APO Cement-CABV loan extended to April 2020

Additional Debt Information Third Quarter Second Quarter 2019 2018 % var 2019 Total debt(1)(2) 20,235 17,769 14% 21,162 Short term 9% 5% 8% Long term 91% 95% 92% Cash and cash equivalents 2,592 2,517 3% 4,275 Net debt 17,643 15,252 16% 16,887 Leverage Ratio(3) 4.04 4.84 Coverage Ratio(3) 3.40 3.28 Note: All amounts in millions of Philippine Pesos, except percentages and ratios 1 U.S. dollar debt converted using end-of-period exchange rates 2 Includes leases, in accordance with Philippine Financial Reporting Standards (PFRS). 3 Based on BDO Loan Facility financial covenants which we are required to comply commencing in June 2020 20

Definitions 9M19 / 9M18 Results for the first nine months of the years 2019 and 2018, 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 (debt plus leases) minus cash and cash equivalents. 21

Contact Information Investor Relations Stock Information In the Philippines PSE: +632 8849 3600 CHP chp.ir@cemex.com 22