Press Releases

February 9, 2021

• Rudiger Kuhn is Chairman of the Board of CEMEX Germany, Vice President of Materials in Central Europe and has over 25 years of experience in the Company.
• The formation of the Sustainability Board in the Federal State of Brandenburg represents a significant opportunity to drive a greener economy.

CEMEX, S.A.B. de C.V. (“CEMEX”) (NYSE: CX) announced today that Rudiger Kuhn has been appointed as the Representative of the Economy on the newly formed Sustainability Advisory Board for the Federal State of Brandenburg, Germany. Brandenburg is a focal point for the industry in the East German Federal States and has embarked on an exciting vision to embrace the EU Green Deal and economic change in the context of the national coal phase-out strategy. National funding of over 3.6 billion euros will be made available for this alone and become a laboratory for energy transformation, climate-neutral business, and sustainable transport. Brandenburg has a population of over 2.5 million and has many established industries and lead Federal Research Institutes, such as the Institutes for both Climate and Geological Research.

Rudiger Kuhn has been with CEMEX for over 25 years and is the Chairman of the Board of CEMEX Germany and the Vice President of Materials for Central Europe. As the industry representative on the board, Rudiger brings considerable industrial perspectives along with many years’ experience in delivering more Sustainable Construction. This experience is backed by CEMEX’s strong commitment and delivered action on climate change, circular economy, and energy transformation. CEMEX’s Europe operations have set a target to reduce CO₂ emissions by 55% by 2030, aligned with EU aspirations. This compliments the 35% reduction in CO₂ already achieved during 2020, alongside the launch of a range of low and net-zero CO₂ products under the Company’s Vertua^® brand.

“I am delighted and honored to be appointed as the Representative on this Sustainability Board,” said Rudiger Kuhn, “CEMEX is perfectly positioned to support the urgent need to move to a more sustainable economy. I very much look forward to working with the other representatives close with the government of Brandenburg to shape the strategy of an important and promising part of the Berlin-Brandenburg Metropolitan Region, and also extend the learning elsewhere in our operations.”

About the Sustainability Board of the Federal State of Brandenburg
The state of Brandenburg is committed to the principles of sustainable development. With the sustainability strategy update in 2019, the state has aligned its sustainability policy with the "Sustainable Development Goals." Through the establishment of a Sustainability Advisory Board and its members' appointment, experts on the topic of sustainability are involved in the implementation and revision of the State Sustainability Strategy. As a body of experts, the Sustainability Advisory Board advises and supports the State government and the parliament in achieving the sustainability goals, participates in the implementation and revision of the state sustainability strategy and advises the state government in connection with the key projects of regional development.

CEMEX is a global building materials company that provides high-quality products and reliable services. 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. For more information, please visit: www.cemex.com

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