EX-4.22





 Exhibit 4.22 

EXCLUSIVE PAPER FOR NOTARIAL DOCUMENTS 
  

							
	[Seals that are read on every other page:	 		  	
				
		 	STAMP OF THE	 	STAMP:	  	ANTONIO PÉREZ-COCA
	ANTONIO PÉREZ	 	STATE	 	0.15 €	  	CRESPO
	COCA CRESPO	 		 		  	N o t a r y
	(NIHIL PRIUS	 		 		  	C/ Monte Esquinza, 6
	FIDE)	 		 		  	28010 MADRID
	NOTARY OF MADRID	 		 		  	Tel.: 91 418 32 80 Fax.: 91 319 90 46]

 [Illegible initials on every other page] 

DEED OF ACCESSION TO THE PLEDGE OF SHARES OF CEMEX ESPAÑA, S.A. GRANTED BY THE ENTITIES “THE BANK OF NEW YORK MELLON”
and “CEMEX ESPAÑA, S.A.” 
 NUMBER THREE THOUSAND
THIRTY-ONE.                
                        
                 
 In
Madrid, my residence, on September seventeen two thousand and twenty.                        
                 
 Before
me, ANTONIO PÉREZ-COCA CRESPO, Notary Public of Madrid and of its Illustrious Bar, 

            
                
                                       
                     APPEAR:            
                                    
                 
 MRS.
PALOMA JULIETA ÁLVAREZ-URÍA BERROS, of legal age, bank employee, with business address in Madrid-28003 at José Abascal St., number 45; with National Identity Document
number 09427338-Y.                        
                 
 And.- MRS. MÓNICA BASELGA
LORING, of legal age, with domicile for these purposes in Madrid, at Hernández de Tejada St., number 1; with National Identity Document
number 51066340-S.                
                 

  
 1 














                       
                                         
                    INTERVENE:                   
                                         
                     
 The
first, on behalf and representation of THE BANK OF NEW YORK MELLON (hereafter, the “Bank”), entity incorporated in accordance with the laws of the State of New York (United States of America),
with registered office at 240 Greenwich Street, 7th Floor, New York, N.Y. 10286, United States of America, acting in turn in representation of and for the benefit of the holders of Senior Secured
Notes for a maximum main aggregate amount of ONE BILION dollars (1,000,000,000.00 USD), at an interest rate of 5.200%, with maturity in 2030, subject to the assumptions of anticipated amortization that have been
foreseen, issued under the bond issue agreement (Indenture), governed by the laws of the State of New York (United States of America), signed or to be signed on September 17, 2020 by, among others, CEMEX, S.A.B. de C.V. a company incorporated
in accordance with the laws of Mexico, as issuer, and The Bank of New York Mellon, as trustee (hereinafter, with its following amendments or novations, the “Bond
Issue”).                
                         

  
 2 













 Making use of the current power, as she affirms, conferred in her favor by deed granted by
Mr. Bret S. Derman and Mrs. Loretta Lundberg, with sufficient legal capacity, before Notary Public of New York, Mrs. Elvin Ramos, on September fifteen, two thousand and twenty, photocopy of which has been shown to me and whose
original, duly apostilled in accordance with the Hague Convention of October 5, 1961, which I will add to this present deed, through diligence, when it is delivered to
me.                                        
 
 The second, on behalf and representing the Company “CEMEX ESPAÑA,
S.A.” (formerly COMPAÑÍA VALENCIANA DE CEMENTOS PÓRTLAND, S.A.) domiciled in Madrid, Hernandez de Tejada st., 1; purpose of which is the Holding
activity.                                       
  
 With Code CNAE 6420 “ Activities of the Holding Company
“.                                    
 

  
 3 













 It was incorporated with an indefinite duration in deed authorized by the Notary who was
from Valencia, Don Juan Bautista Roch Contelles, on April 30, 1917, adapted to the present legislation through deed authorized by the Notary of Valencia, Mr. Antonio Soto Bisquert on July 13, 1990; incorporation of which was
REGISTERED in the Mercantile Registry of Valencia, to volume 122, book 28 of companies, section 3rd of anonymous, sheet 354, registration 1st; as to the adaptation it is registered in the aforementioned Registry, to volume 2,854, book 10, general
section, folio sheet V2533, registration 165; also, the bylaws of the company were combined through another public instrument authorized by the Notary of Madrid, Mr. Antonio Francés y de Mateo on August 12, 1993, with order number
6,796, which caused the
200th registration.                            
         
 Transferred the current address above, by deed authorized by the Notary of Valencia,
Mr. Antonio Soto Bisquert, on June 29, 1995, with order number 1,489 of his notarial registry, and registered in the Mercantile Registry of Madrid, to volume 9743 and 9744, section 8th, of the Book of Companies, folio 1 and 166, sheet
number M 156542, registrations 1st and 2nd.                
                 

  
 4 













 Changed its name to the one it now holds, by agreement adopted by the General Board of
Shareholders of the Company, in its meeting held on the twenty-fourth day of June, two thousand and two, registered as public instrument before my testimony, the same day, under order number 662 of its notarial registry, causing the 122th
registration of the registry
sheet.                                
                 
 It has
Tax Identification Code (C.I.F.) number: A46004214 and CNAE Code number 6420 (holding
companies).                                     
         
 The appearing party
states that the data identifying the Company and, especially, its corporate purpose and domicile, have not varied from those established
above.                                    
                  

It has Tax Identification Number: A-46.004.214. 

Making use of the current powers, as she affirms were conferred in her favor by agreement adopted by the Board of Directors of the Company, at
their meeting held on March thirty, two thousand and twenty, registered as public instrument through deed granted in my presence on June five, two thousand and twenty, under the number 1872 of my notarial registry, as evidenced by authorized copy of
the deed that I have at
sight.                                        
         

  
 5 













 For the purposes set forth in article 98 of the Law 24/2001, and in accordance with the
Resolution of the General Directorate of Registries and Notaries of April 12, 2002, I note that in my opinion, I consider the accredited representative powers sufficient to formalize this deed of accession of pledge pursuant to the terms that
are indicated below.                                
                 
 REAL
TITULARITY.-    I, the Notary, state that I have complied with the obligation of identification of the real holder of the Granting Entity that the Prevention of Money Laundering Law 10/2010 of April 28, imposes, whose
manifestations are recorded in an authorized certificate before the Notary of Madrid, Mr. Antonio Pérez-Coca Crespo, the twenty-sixth day of February of two thousand and fifteen, under number 884 of order of my notarial registry. I have
also consulted the Real Owners Database through the SIGNO platform and the representative of the company has stated hereby that the beneficial ownership shown in said platform is not correct, after which notification was
made.-                              
                                         
                          

  
 6 













 The appearing ladies have in my opinion, as they intervene, the legal capacity and
legitimate interest necessary for the granting of this DEED OF ACCESSION TO THE POLICY OF PLEDGE OF SHARES OF CEMEX ESPAÑA, S.A. and, for such purpose, in the representation they hold, and all the legal effects that may be
applicable, they                                    
                 

            
                                      
                      
                STATE                
                                         
                    

I. That, in virtue of the agreement granted in the policy intervened by the Notary of Madrid, Mr. Rafael Monjo Carrio on
November 8, 2012, registered with number 3,530 in Section A of their Registry Book, which has been extended several times, the last on July 19, 2017 through agreement formalized through policy intervened by the Notary of Madrid,
Mr. Antonio Pérez-Coca Crespo on said date (hereinafter, the “Pledge Policy”), CEMEX, S.A.B. de C.V. and New Sunward Holding B.V. constituted certain real rights of Pledge (hereinafter,
the “Pledges”) over the shares of the company CEMEX España, S.A. of their
ownership.                                     
                         

  
 7 













 II. That, in accordance with the Contract of Relationship between Creditors
(such as it is defined in the Pledge Policy), the creditors of the CEMEX group in virtue of bond issues such as the Issuance of Bonds will be considered as Creditors of Additional Bonds (Additional Notes Creditors) and, therefore, of Secured Parties
pursuant to the terms provided for in the Contract of Relationship between Creditors and in the Pledge Policy, and they can get the benefit of the Pledges by adhering to the Pledge Policy in accordance with the provisions of Clause 16
therein.                                     
                    

III. That, in accordance with the provisions of Clause 16 of the Pledge Policy, the Secured Parties, in whose benefit the Agent of
Guarantees acted, including the Bank, in its capacity as trustee of the bondholders of the Bond Issue, may adhere to the Pledge Policy and ratify their content, accepting the Pledges constituted in their favor as guarantee of the corresponding
Secured Debentures, through the appearance before me.                     

Said accessions will be carried out through the granting of the corresponding deed or accession policy, and all the above without the need for
new consent of the pledging agents or pledgee creditors, for having given their consent in advance in the Contract of Relationship between Creditors and in the Pledge Policy
itself.                
                                       
                  

  
 8 













 IV. That the Bank expressly states that the accession to which the Stipulations
of this Deed refer to, is formalized as a mere instrument for the execution of the rights attributed to the Bank in the Pledge Policy, from which it causes, so that the payment obligations derived from the Bond Issue are guaranteed with a real right
of pledge of first rank over the Shares (as defined in the Pledge Policy), concurrent with the remaining
Pledges.                                     
                         

V. That in virtue of the above, the Bank wishes to grant This Deed of Accession (hereinafter, the “Deed”) in accordance
with the following 

  
 9 














                       
                                  
                                STIPULATIONS      
          
                                         
                
 FIRST.- ACCESSION TO THE
PLEDGE POLICY. 
 By this Deed, the Bank adheres, ratifies and approves the Pledge Policy in all its contents, full content of which
declares to know, giving therefore to such bestowal full value and legal effectiveness and accepting that the obligations of payment derived from the Bond Issue are guaranteed with a real right of pledge of first range over the Shares (as defined in
Pledge Policy), concurrent with the remaining Pledges.                
                                     
    
 The Bank REQUIRES from me, the Notary, to NOTIFY this accession to WILMINGTON TRUST
(LONDON) LIMITED, with address for these purposes at Third Floor, 1 King’s Arms Yard, London, United Kingdom, EC2R 7AF (attention Sajada Afzal), in his capacity as Agent of Guarantees and I, the Notary, accept said
requirement.                            
                 
 CEMEX España, S.A., appears
in this act to the effects of being notified of this
accession.                                 

SECOND.- APPLICABLE LAW AND
JURISDICTION.                
                                    

 2.1 This Deed is subject to the Spanish common
law.                
                         

2.2 The Parties expressly submit to the jurisdiction and venue of the Courts and Tribunals of Madrid capital for all issues that may arise from
the validity, interpretation, compliance and execution of this Deed.                         

  
 10 













 PERSONAL DATA PROTECTION.- In accordance with the provisions of the General
Regulations of European Data Protection, it is informed that the personal data of the appearing party will be treated by the authorizing Notary, whose contact data are contained in this document. The data will be treated in order to perform the
duties inherent in the notarial activity and for customers’ invoicing and management, therefore, such data will be kept during the terms provided for in the applicable rules and, as the case may be, while the relationship with the interested
party may continue. 

  
 11 













 The basis for the treatment is the performance of the notary’s public duties, which
obligates that the data are provided to the Notary and would prevent his participation otherwise. The communications provided for in the Public Administrations Law (Ley a las Administraciones
Públicas) will be given and, where appropriate, to the Notary that succeeds the current one in the city. The appearing parties are entitled to request access to their personal data, rectification, cancellation, transferability
thereof and the limitation of their treatment, as well as object to it. In virtue of any possible rights infringement, a claim may be filed at the Spanish Data Protection Agency (Agencia Española de Protección
dé Datos). If data of persons other than the appearing parties are provided, they should have been previously informed thereof in accordance with the provisions of article 14 of the General Regulations of European Data
Protection (RGPD).                
                                         

Said and
granted.                
                                 

And I, the Notary, hereby CERTIFY:                
                                 

 

	 	a.-	 That I know the
parties.                                  



 

	 	b.-	 That the parties, in my opinion, have the capacity and are legitimized for the present
bestowal.                        
                 



  
 12 














	 	c.-	 That the granting suits the legality and the free and duly informed will of those
appearing.                                
                 


  

	 	d.-	 Having read this public instrument to the grantor, previously warned of their right to do it themselves, that
they have exercised, and who affirm to have been duly informed of the full content thereof, to which they give their consent, all in accordance with Article 193 of the Notarial
Regulations.                                
                 


  

	 	e.-	 That this public instrument is contained in seven folios of notarial paper, FJ series numbers: 1240017 and the
following six in order correlative, I, the Notary, certify. Following are the signatures of the parties.—Signed. ANTONIO PÉREZ-COCA CRESPO. Initialed. Seal of the Notary’s
Office.                                
                 



  
 13 













 DILIGENCE.- I,
ANTONIO PÉREZ-COCA CRESPO, Notary Public of Madrid and its Illustrious BAR, hereby issue this instrument to note that on its date, October eight two thousand and twenty, I was given the power-of-attorney, typed on a double-column format, in Spanish and English languages, whose languages I, the Notary understand, which is specially granted for
formalizing the deed purpose hereof, by Mrs. Loretta A. Lundberg and Mr. Bret Derman, as legal representatives of THE BANK OF NEW MELLON, before the Notary Public of New York, Mr. Elvin Ramos, on September fifteen, two thousand
and
twenty.                                    
      
 The power is duly apostilled pursuant to The Hague Convention. And I, the Notary, for my
knowledge of the legislation of the State of New York on this matter; for being granted before a Notary of said country; because the powers there and thus granted become effective in the same manner as in the country of origin, because the special
powers are not registered in the Commercial Register    of New York, because the Notary of New York verified the identity, legal capacity and compliance with all national formalities and because said act is valid according
to the rules of private international law, in view of the purposes of article 36 of the Mortgage Regulations (Reglamento Hipotecario) and the Third Additional Provision of Law 15/2015
(Disposición Adicional Tercera de la Ley 15/2015) concerning Voluntary Jurisdiction, I consider the principle of equivalence of forms as
fulfilled.                
                                     
                    
                 

  
 14 













 Having said power of attorney at sight, I attached it to this instrument as it forms an
integral part of it, and I hereby declare that the powers conferred therein are sufficient and enough to grant this deed of accession of
pledge.                                        
                     
 And having
nothing else to declare, I issue this instrument on this single sheet of notarial paper, I, the Notary, officially attest thereto. Signed. ANTONIO PÉREZ-COCA CRESPO. Initialed. Seal of the
Notary’s
Office.                                     
                         

DILIGENCE.- To record that I, ANTONIO PÉREZ-COCA CRESPO, on October
fifteen, two thousand and twenty, delivered it at the Post Office Branch located at office 2825494, E.O MINISTRY OF PUBLIC ADMINISTRATION, as Certificate and notice of receipt of the abovementioned certificate, and that the official in charge of the
service has provided me with the receipt whose photocopy is
attached.                                    
      
 This diligence is recorded after the deed upon which it is based, with the series FJ, number
1241703. In Madrid as of August four, two thousand and twenty. Signed. ANTONIO PÉREZ-COCA CRESPO. Initialed. Seal of the Notary’s Office.
                            
                 

DILIGENCE.- I, ANTONIO PÉREZ-COCA CRESPO, Notary of Madrid, put in
record that on December twenty-one, two thousand and twenty, the Post and Telegraph Service has not sent an acknowledgment of receipt corresponding to notification number RF212257327ES, so in order to know the
status of said delivery, I connected to the Internet through one of the computers in my office to the webpage www.correos.es, and I verified that it states: “delivered on October twenty, two thousand and twenty”. A print of said result is
attached to the main
document.                                     
         
 This diligence is recorded after the deed upon which it is based in
Madrid as of December twenty-one, two thousand and twenty, which I, the Notary, hereby certify.- Signed. ANTONIO PÉREZ-COCA CRESPO. Initialed. Seal of the
Notary’s Office. 
  
  

 
  
  

 
  

 
  

 
  

 

                       
                                         
                          ENCLOSED DOCUMENTS FOLLOW