September 10, 2024
(press release)
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Cemex joins initiative to elevate standard of living across Latin America09/09/2024 Monterrey, Mexico. September 9, 2024. Cemex has joined the "100,000 Pisos Para Jugar" ("100,000 Floors to Play") initiative alongside Habitat for Humanity and the Inter-American Cement Federation (FICEM). The initiative aims to replace 100,000 dirt floors with concrete in homes across Latin America and the Caribbean by 2028. Cemex will support this project in Colombia through its “Piso Digno” (Dignified Floor) program, which has been providing families with the materials and technical support needed to improve their home flooring for the past 25 years. The program has reached remote, hard-to-access communities, transforming over 30 million square meters and significantly improving housing quality for thousands of families. “At Cemex, we are committed to creating a positive, lasting impact in communities worldwide,” said Fernando A. González, CEO of Cemex. “We’re proud to be part of this initiative, which should help improve the lives of thousands of families.” This alliance was signed in Cartagena, Colombia, during the FICEM Presidents' Forum. This annual event brings together leaders from Latin American cement and concrete manufacturing companies to discuss the industry's key challenges and opportunities, both globally and within the region. Concrete floors offer significant benefits over dirt floors in homes. They provide a stable, durable, and easy-to-clean surface, reducing the accumulation of dust, pests, and moisture. Concrete also enhances hygiene and improves indoor air quality, contributing to better health outcomes. Additionally, concrete floors insulate homes, making them more energy-efficient. Cemex is committed to supporting the United Nation’s Sustainable Development Goals (SDGs). The company is focused on four priority SDGs, including Sustainable Cities and Communities (11), which strives to make cities and human settlements inclusive, safe, resilient, and sustainable. This program contributes to the SDG 11 target of providing access for all to adequate, safe and affordable housing and basic services. Cemex’s social impact strategy focuses on making a positive and lasting difference by harnessing its expertise and premium building materials to elevate standards in livable housing and essential infrastructure within cities and communities worldwide. About Cemex Cemex is a global construction materials company that is building a better future through sustainable products and solutions. Cemex is committed to achieving carbon neutrality through relentless innovation and industry-leading research and development. Cemex is at the forefront of the circular economy in the construction value chain and is pioneering ways to increase the use of waste and residues as alternative raw materials and fuels in its operations with the help of new technologies. Cemex offers cement, ready-mix concrete, aggregates, and urbanization solutions in growing markets around the world, powered by a multinational workforce focused on providing a superior customer experience enabled by digital technologies. For more information, please visit: www.cemex.com ### Except as the context otherwise may require, references in this press release to “Cemex,” ”we,” ”us,” ”our,” refer to Cemex, S.A.B. de C.V. (NYSE: CX) and its consolidated subsidiaries. This press release contains forward-looking statements within the meaning of the U.S. federal securities laws. Cemex intends these forward-looking statements to be covered by the safe harbor provisions for forward-looking statements in the U.S. federal securities laws. These forward-looking statements reflect Cemex’s current expectations and projections about future events based on Cemex’s knowledge of present facts and circumstances and assumptions about future events, as well as Cemex’s current plans based on such facts and circumstances, unless otherwise indicated. These statements necessarily involve risks, uncertainties, and assumptions that could cause actual results to differ materially from Cemex’s expectations, including, among others, risks, uncertainties, and assumptions discussed in Cemex’s most recent annual report and detailed from time to time in Cemex’s other filings with the U.S. Securities and Exchange Commission and the Mexican Stock Exchange (Bolsa Mexicana de Valores), which factors are incorporated herein by reference, which if materialized could ultimately lead to Cemex’s expectations and/or expected results not producing the expected benefits and/or results. Forward-looking statements should not be considered guarantees of future performance, nor the results or developments are indicative of results or developments in subsequent periods. These factors may be revised or supplemented, and the information contained in this press release is subject to change without notice, but Cemex is not under, and expressly disclaims, any obligation to update or correct this press release or revise any forward-looking statement contained herein, whether as a result of new information, future events or otherwise, or to reflect the occurrence of anticipated or unanticipated events or circumstances. Any or all of Cemex’s forward-looking statements may turn out to be inaccurate. Accordingly, undue reliance on forward-looking statements should not be placed, as such forward-looking statements speak only as of the dates on which they are made. The content of this press release is for informational purposes only, and you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Cemex is not responsible for, and expressly disclaims responsibility for, the content of any third-party website or webpage referenced to or accessible through this press release, nor for any quote, expectation, or projection from any third-party contained herein. Certain data used in this press release was obtained from independent industry publications and reports that Cemex believes to be reliable sources. Cemex has not independently verified this data nor sought the consent of any organizations to refer to their reports in this document. Cemex is not responsible for any third-party information referenced or that can be accessed through this press release. There is currently no single globally recognized or accepted, consistent, and comparable set of definitions or standards (legal, regulatory, or otherwise) of, nor widespread cross-market consensus i) as to what constitutes, a ‘green’, ‘social,’ or ‘sustainable’ or having equivalent-labelled activity, product, or asset; or ii) as to what precise attributes are required for a particular activity, product, or asset to be defined as ‘green’, ‘social,’ or ‘sustainable’ or such other equivalent label; or iii) as to climate and sustainable funding and financing activities and their classification and reporting. Therefore, there is little certainty, and no assurance or representation is given that such activities and/or reporting of those activities will meet any present or future expectations or requirements for describing or classifying funding and financing activities as ‘green’, ‘social’, or ‘sustainable’ or attributing similar labels. We expect policies, regulatory requirements, standards, and definitions to be developed and continuously evolve over time. Related NewsMedia contactMedia RelationsJorge Pérez+52 (81) 8259-6666jorgeluis.perez@cemex.comAnalyst and Investor RelationsBlake Haider (New York)+1 (212) 317-6011ir@cemex.comFabián Orta (Monterrey)+52 (81) 8888-4327 ir@cemex.comMedia contactMedia RelationsJorge Pérez+52 (81) 8259-6666jorgeluis.perez@cemex.comAnalyst and Investor RelationsAlfredo Garza+52 (81) 8888-4327 ir@cemex.comScott Pollak+1 (212) 317-6011ir@cemex.com ©2024 Cemex, S.A.B. de C.V. All rights reserved.
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