Document:

Purchase Agreement

 Exhibit 4.54 
 EXECUTION VERSION 
 CEMEX, S.A.B. de C.V. 

U.S.$650,000,000 
 9.000% SENIOR SECURED NOTES DUE 2018 
 PURCHASE AGREEMENT 

July 6, 2011 
 Citigroup
Global Markets Inc. 
 As Representative of the Initial Purchasers 
 c/o Citigroup Global Markets Inc. 
 388 Greenwich Street 

New York, New York 10013 
 Ladies and Gentlemen:

 CEMEX, S.A.B. de C.V., a publicly traded stock corporation with variable capital (sociedad anónima bursátil
de capital variable) organized under the laws of Mexico (the “Company”), proposes to issue and sell to the several parties named in Schedule I hereto (the “Initial Purchasers”), for whom you (the
“Representative”) are acting as representative, U.S.$650,000,000 principal amount of its 9.000% Senior Secured Notes due 2018 (the “Securities”). The Securities will be unconditionally guaranteed (the “Guarantees”) by
each of (i) CEMEX México, S.A. de C.V. (“CEMEX México”), (ii) New Sunward Holding B.V. (“New Sunward”), and (iii) CEMEX España, S.A. (“CEMEX España” and together with CEMEX
México and New Sunward, the “Note Guarantors”), and are to be issued under an indenture dated as of January 11, 2011 (the “Original Indenture”), among the Company, the Note Guarantors and The Bank of New York Mellon,
a New York banking corporation, as trustee (the “Trustee”), as supplemented by supplemental indenture no. 1 thereto, to be dated as of the Closing Date (the “Supplemental Indenture” and, together with the Original Indenture, the
“Indenture”). To the extent there are no additional parties listed on Schedule I other than you, the term Representative as used herein shall mean you as the Initial Purchaser, and the terms Representative and Initial Purchaser shall
mean either the singular or plural as the context requires. The use of the neuter in this Agreement shall include the feminine and masculine wherever appropriate. Certain terms used herein are defined in Section 25 hereof. 

The Securities will be secured in accordance with the terms of the Intercreditor Agreement, by a first-priority security interest in the
Collateral, but holding a Security will not grant its holders the right to direct the foreclosure or the right to foreclose on the Collateral. 
 The sale of the Securities to the Initial Purchasers will be made without registration of the Securities under the Act in reliance upon exemptions from the registration requirements of the Act.

 In connection with the sale of the Securities, the Company has prepared a preliminary
supplement dated as of the date hereof (as amended or supplemented at the date hereof, including any and all exhibits thereto, including the final offering memorandum dated as of January 4, 2011 (the “Base Offering Memorandum”) and
any information incorporated by reference therein, collectively the “Preliminary Memorandum”), and a final supplement dated as of the date hereof (as amended or supplemented at the Execution Time, including any and all exhibits thereto
(including the Base Offering Memorandum) and any information incorporated by reference therein, collectively the “Final Memorandum”). Each of the Preliminary Memorandum and the Final Memorandum sets forth certain information concerning the
Company and the Securities. The Company hereby confirms that it has authorized the use of the Disclosure Package, the Preliminary Memorandum and the Final Memorandum, and any amendment or supplement thereto, in connection with the offer and sale of
the Securities by the Initial Purchasers. Unless stated to the contrary, any references herein to the terms “amend,” “amendment” or “supplement” with respect to the Disclosure Package, the Preliminary Memorandum and the
Final Memorandum shall be deemed to refer to and include any information filed under the Exchange Act subsequent to the Execution Time that is incorporated by reference therein. 

It is understood that on January 4, 2011, the Company and the Note Guarantors entered into a purchase agreement (the “Original
Purchase Agreement”) with certain initial purchasers named therein, providing for the sale by the Company of U.S.$1,000,000,000 aggregate principal amount of its 9.000% Senior Secured Notes due 2018 (the “Original Securities”). In
connection with the sale of the Original Securities, the Company prepared the Base Offering Memorandum. The Original Securities share in the Collateral and benefit from the same guarantees as the Securities. 

1. Representations and Warranties. The Company and each of the Note Guarantors, jointly and severally, represent and warrant to
each Initial Purchaser as set forth below in this Section 1: 
 (a) The Preliminary Memorandum, at the date thereof, did
not contain any untrue statement of a material fact or omit to state any material fact necessary to make the statements therein, in the light of the circumstances under which they were made, not misleading. As of the date of the Final Memorandum,
the Final Memorandum did not, and on the Closing Date, will not (and together with any amendment or supplement thereto, at the date thereof and at the Closing Date, will not) contain any untrue statement of a material fact or omit to state any
material fact necessary to make the statements therein, in the light of the circumstances under which they were made, not misleading; provided, however, that the Company makes no representation or warranty as to the information
contained in or omitted from the Preliminary Memorandum or the Final Memorandum, or any amendment or supplement thereto, in reliance upon and in conformity with information furnished in writing to the Company by or on behalf of the Initial
Purchasers through the Representative specifically for inclusion therein, it being understood and agreed that the only such information furnished by or on behalf of any Initial Purchaser consists of the information described as such in
Section 8(b) hereof. 
 (b) The Disclosure Package, as of the Execution Time, does not contain any untrue statement of a
material fact or omit to state any material fact necessary in order to make 

  
 2 

 
the statements therein, in the light of the circumstances under which they were made, not misleading. The preceding sentence does not apply to statements in or omissions from the Disclosure
Package based upon and in conformity with written information furnished to the Company by any Initial Purchaser through the Representative specifically for use therein, it being understood and agreed that the only such information furnished by or on
behalf of any Initial Purchaser consists of the information described as such in Section 8(b) hereof. 
 (c) None of the
Company, any of the Note Guarantors or any person acting on its or their behalf has, directly or indirectly, (i) made offers or sales of any security, or solicited offers to buy, any security under circumstances that would require the
registration of the Securities under the Act; or (ii) gave to any prospective purchaser of the Securities any written information concerning the offering of the Securities other than materials contained in the Disclosure Package, the Final
Memorandum or any other offering materials prepared by or with the prior written consent of the Representative. 
 (d) None of
the Company, any of the Note Guarantors or any person acting on its or their behalf has: (i) engaged in any form of general solicitation or general advertising (within the meaning of Regulation D) in connection with any offer or sale of
the Securities or (ii) engaged in any directed selling efforts (within the meaning of Regulation S) with respect to the Securities; and each of the Company, the Note Guarantors and each person acting on its or their behalf has complied with the
offering restrictions requirement of Regulation S. 
 (e) The Securities satisfy the eligibility requirements of
Rule 144A(d)(3) under the Act. 
 (f) No registration of the Securities under the Act is required for the offer and sale of
the Securities to or by the Initial Purchasers in the manner contemplated herein, in the Disclosure Package and the Final Memorandum. 
 (g) Neither the Company nor any of the Note Guarantors is, and after giving effect to the offering and sale of the Securities and the application of the proceeds thereof as described in the Disclosure
Package and the Final Memorandum, will not be, an “investment company” as defined in the Investment Company Act. 

(h) Neither the Company nor any of the Note Guarantors has paid or agreed to pay to any person any compensation for soliciting another to
purchase any securities of the Company or such Note Guarantor (except as contemplated in this Agreement). 
 (i) Neither the
Company nor any of the Note Guarantors has taken, directly or indirectly, any action designed to or that has constituted or that might reasonably be expected to cause or result, under the Exchange Act or otherwise, in stabilization or manipulation
of the price of any security of the Company or such Note Guarantor to facilitate the sale or resale of the Securities. 
 (j)
The Company and each of the Note Guarantors have been duly organized and are validly existing and, if applicable, in good standing under the laws of the jurisdiction in which they are chartered or organized with power and authority to own or lease,
as the case may be, and to operate their properties and conduct their businesses as described in the Disclosure 

  
 3 

 
Package and the Final Memorandum, and, if applicable, are duly qualified to do business as foreign corporations and are in good standing under the laws of each jurisdiction that requires such
qualification or such person is subject to no material liability or disability by reason of the failure to be so qualified. 

(k) All the outstanding shares of capital stock or other equity interests of the Company have been duly authorized and validly issued and
are fully paid and nonassessable, and, except as otherwise set forth in the Disclosure Package and the Final Memorandum, all outstanding shares of capital stock or other equity interests of the Company’s significant subsidiaries are owned by
the Company either directly or through wholly-owned and majority-owned subsidiaries free and clear of any security interest, claim, lien or encumbrance, except for the security interest created under the Transaction Security Documents. 

(l) (i) The statements in the Disclosure Package and the Final Memorandum under the headings “Important Federal Tax
Considerations” and “Description of Notes;” and (ii) the statements in the Disclosure Package and the Final Memorandum under the heading “Summary—Recent Developments Relating to Regulatory Matters and Legal
Proceedings,” taken together with the statements in the Company’s annual report on Form 20-F for the year ended December 31, 2010 under “Item 4—Information on the Company—Regulatory Matters and Legal Proceedings,”
incorporated by reference therein; insofar as they purport to describe the provisions of the laws and documents referred to therein, fairly summarize the matters therein described in all material respects. 

(m) This Agreement has been duly authorized, executed and delivered by the Company and each of the Note Guarantors; the Indenture,
including the Guarantees provided for therein by each of the Note Guarantors, has been duly authorized by the Company and each of the Note Guarantors and, assuming due authorization, execution and delivery by the Trustee of the Supplemental
Indenture, when such Supplemental Indenture is executed and delivered by the Company and each of the Note Guarantors, will constitute a legal, valid, binding instrument enforceable against the Company and each of the Note Guarantors in accordance
with its terms (subject, as to the enforcement of remedies, to applicable bankruptcy, reorganization, insolvency, moratorium or other laws affecting creditors’ rights generally from time to time in effect and to general principles of equity);
and the Securities have been duly authorized by the Company, and, when executed, authenticated and issued in accordance with the provisions of the Indenture and delivered to and paid for by the Initial Purchasers, will have been duly executed and
delivered by the Company and will constitute the legal, valid and binding obligations of the Company entitled to the benefits of the Indenture (subject, as to the enforcement of remedies, to applicable bankruptcy, reorganization, insolvency,
moratorium or other laws affecting creditors’ rights generally from time to time in effect and to general principles of equity). 
 (n) As of the Closing Date, the Securities are duly secured by a first-priority security interest in the Collateral on an equal and ratable basis with such indebtedness and securities as are described in
the Disclosure Package and the Final Memorandum as being secured by a first-priority security interest in the Collateral; but holding a Security will not grant its holders the right to direct the foreclosure or the right to foreclose on the
Collateral. 

  
 4 

 (o) The shares that constitute the Collateral are fully paid and non assessable and not
subject to any option to purchase or similar rights and are free and clear of any lien, pledge, security interest or encumbrance, except for the security interest created under the Transaction Security Documents. The constitutional documents of the
companies whose shares are subject to the Collateral do not and could not restrict or inhibit any transfer of those shares on creation or enforcement of the Collateral. There are no agreements in force which provide for the issue or allotment of,
any share or loan capital of the Company or any of its subsidiaries (including any option or right of pre-emption or conversion) other than (i) pre-emptive rights arising under applicable law in favor of shareholders generally; and
(ii) similar rights arising under any obligation in respect of any stock option plan, restricted stock plan or retirement plan which the Company or any of its subsidiaries customarily provides to its employees, consultants and directors.

 (p) Under the Transaction Security Documents, the Collateral is granted over all the issued share capital in each of the
Company and its subsidiaries whose shares are subject to the Collateral except: 
  

	 	(i)	in the case of CEMEX España: 

  

	 	(A)	0.2444% of the issued share capital, comprised of shares owned by subsidiaries of CEMEX España; and 

 

	 	(B)	0.1164% of the issued share capital, comprised of shares owned by persons that are not subsidiaries or affiliates of the Company; 

 

	 	(ii)	in the case of CEMEX Trademarks Holding Ltd., 0.4326% of the issued share capital, comprised of shares owned by CEMEX, Inc.; 

 

	 	(iii)	in the case of each Mexican company whose shares are subject to the Collateral (except in the case of CEMEX México), the single share held by a minority
shareholder that is either the Company or any of its subsidiaries; 

  

	 	(iv)	in the case of CEMEX México, 0.1245% of the issued share capital, comprised of shares owned by CEMEX, Inc.; 

(q) No consent, approval, authorization, filing with or order of any court or governmental agency or body is required in connection with
the transactions contemplated herein or in the Indenture, except (i) such as may be required under the blue sky laws or any other state or foreign securities laws of any jurisdiction in which the Securities are offered and sold; (ii) for
the approval of the Securities for listing on the Irish Stock Exchange; and (iii) for the notice to be given to the Mexican National Banking and Securities Commission (Comisión Nacional Bancaria y de Valores) under Article 7 of
the Securities Market Law, in respect of the issuance of the Securities. 
 (r) None of the execution and delivery of this
Agreement, the Indenture, the issuance and sale of the Securities and the Transaction Security Documents or the consummation of any other of the transactions herein or therein contemplated, or the fulfillment of the terms hereof or thereof will
conflict with, or result in a breach or violation or imposition of any lien, 

  
 5 

 
charge or encumbrance upon any property or assets of the Company or any of its subsidiaries (other than the Collateral), pursuant to (i) the charter or by-laws or comparable constituting
documents of the Company or any of its subsidiaries; (ii) the terms of any indenture, contract, lease, mortgage, deed of trust, note agreement, loan agreement or other agreement, obligation, condition, covenant or instrument to which the
Company or any of its subsidiaries is a party or bound or to which its or their property is subject (including the Original Purchase Agreement, the Financing Agreement, the Transaction Security Documents and the Intercreditor Agreement); or
(iii) any statute, law, rule, regulation, judgment, order or decree of any court, regulatory body, administrative agency, governmental body, arbitrator or other authority having jurisdiction over the Company or any of its subsidiaries or any of
its or their properties, which conflict, breach, violation or imposition would, in the case of clauses (ii) and (iii) above, either individually or in the aggregate with all other conflicts, breaches, violations and impositions referred to
in this paragraph (r) (if any), have (x) a Material Adverse Effect (as defined below) or (y) a material adverse effect upon the transactions contemplated herein. 

(s) The consolidated historical financial statements and schedules of the Company and its consolidated subsidiaries included or
incorporated by reference in the Disclosure Package and the Final Memorandum present fairly in all material respects the financial condition, results of operations and cash flows of the Company and its consolidated subsidiaries as of the dates and
for the periods indicated and have been prepared in conformity with Mexican FRS applied on a consistent basis throughout the periods involved (except as otherwise noted therein); the selected financial data set forth under the caption “Selected
Consolidated Financial Information” in the Disclosure Package and the Final Memorandum fairly present, on the basis stated in the Disclosure Package and the Final Memorandum, the information included therein. 

(t) No action, suit or proceeding by or before any court or governmental agency, authority or body or any arbitrator involving the
Company or any of its subsidiaries or their respective property is pending or, to the best knowledge of the Company, threatened that (i) could reasonably be expected to have a material adverse effect on the performance of this Agreement, the
Indenture and the Transaction Security Documents, or the consummation of any of the transactions contemplated hereby or thereby or (ii) could reasonably be expected to have a material adverse effect on the condition (financial or otherwise),
prospects, earnings, business or properties of the Company and its subsidiaries, taken as a whole, whether or not arising from transactions in the ordinary course of business (collectively the events described in (i) and (ii) above, a
“Material Adverse Effect”), except as set forth in or contemplated in the Disclosure Package and the Final Memorandum (exclusive of any amendment or supplement thereto after the Execution Time). 

(u) Each of the Company and its subsidiaries owns or leases all such properties as are necessary to the conduct of its operations as
presently conducted except (i) for such properties the loss of which would not reasonably be expected to result in a Material Adverse Effect and (ii) as set forth in or contemplated in the Disclosure Package and the Final Memorandum
(exclusive of any amendment or supplement after the Execution Time). 
 (v) Neither the Company nor any of its subsidiaries is
in violation or default of (i) any provision of its charter or by-laws or comparable constituting documents; (ii) the terms of 

  
 6 

 
any indenture, contract, lease, mortgage, deed of trust, note agreement, loan agreement or other agreement, obligation, condition, covenant or instrument to which it is a party or bound or to
which its property is subject (including the Original Purchase Agreement, the Financing Agreement, the Transaction Security Documents and the Intercreditor Agreement); or (iii) any statute, law, rule, regulation, judgment, order or decree
applicable to the Company or any of its subsidiaries of any court, regulatory body, administrative agency, governmental body, arbitrator or other authority having jurisdiction over the Company or any of its subsidiaries or any of their respective
properties, as applicable, except for such violations or defaults which, individually or in the aggregate, would not reasonably be expected to have a Material Adverse Effect, and except as set forth in or contemplated in the Disclosure Package and
the Final Memorandum (exclusive of any amendment or supplement thereto after the Execution Time). 
 (w) KPMG Cárdenas
Dosal, S.C., which has audited certain financial statements of the Company and its consolidated subsidiaries and delivered its report with respect to the audited consolidated financial statements incorporated by reference in the Disclosure Package
and the Final Memorandum, are independent auditors with respect to the Company in accordance with local auditing standards, which are substantially the same as those contemplated by Rule 10A of the Code of Professional Conduct of the American
Institute of Certified Public Accountants. 
 (x) There are no stamp or other issuance or transfer taxes or duties or other
similar fees or charges required to be paid in connection with the execution and delivery of this Agreement or the issuance or sale by the Company of the Securities. 
 (y) The Company and each of its subsidiaries have filed all applicable tax returns that are required to be filed by them or have requested extensions of the period applicable for the filing of such
returns (except in any case in which the failure so to file would not have a Material Adverse Effect and except as set forth in or contemplated in the Disclosure Package and the Final Memorandum (exclusive of any amendment or supplement thereto
after the Execution Time)) and have paid all taxes required to be paid by them and any other assessment, fine or penalty levied against them, to the extent that any of the foregoing is due and payable, except for any such tax, assessment, fine or
penalty that is currently being contested in good faith or as would not have a Material Adverse Effect and except as set forth in or contemplated in the Disclosure Package and the Final Memorandum (exclusive of any amendment or supplement thereto
after the Execution Time). 
 (z) No labor problem or dispute with the employees of the Company or any of its subsidiaries
exists or is threatened or imminent, and the Company is not aware of any existing or imminent labor disturbance by the employees of any of its subsidiaries’ principal suppliers, contractors or customers, except as would not have a Material
Adverse Effect and except as set forth in or contemplated in the Disclosure Package and the Final Memorandum (exclusive of any amendment or supplement thereto after the Execution Time). 

(aa) No subsidiary of the Company is currently prohibited, directly or indirectly, from paying any dividends to the Company, from making
any other distribution on such subsidiary’s capital stock or ownership interest, from repaying to the Company any loans or advances to such subsidiary from the Company or from transferring any of such subsidiary’s

  
 7 

 
property or assets to the Company or any other subsidiary of the Company, except for contractual prohibitions provided in joint venture or shareholders’ agreements to which the Company is a
party (none of which prohibitions are material individually or in the aggregate), and except as described in or contemplated in the Disclosure Package or the Final Memorandum (in each case, exclusive of any amendment or supplement thereto after the
Execution Time). 
 (bb) The Company and each of its subsidiaries are insured by insurers of recognized financial responsibility
against such losses and risks and in such amounts as are prudent and customary in the businesses in which they are engaged; all policies of insurance and fidelity or surety bonds insuring the Company or any of its subsidiaries or any of their
respective businesses, assets, employees, officers and directors are in full force and effect; the Company and its subsidiaries are in compliance in all material respects with the terms of such policies and instruments; there are no material claims
by the Company or any of its subsidiaries under any such policy or instrument as to which any insurance company is denying liability or defending under a reservation of rights clause; neither the Company nor any of its subsidiaries has been refused
any material insurance coverage sought or applied for; and neither the Company nor any of its subsidiaries has reason to believe that it will not be able to renew its existing insurance coverage as and when such coverage expires or to obtain similar
coverage from similar insurers as may be necessary to continue its business at a cost that would not have a Material Adverse Effect except as set forth in or contemplated in the Disclosure Package and the Final Memorandum (exclusive of any amendment
or supplement thereto after the Execution Time). 
 (cc) The Company and each of its subsidiaries possess all licenses,
certificates, permits and other authorizations issued by all applicable authorities necessary to conduct their respective businesses, except to the extent that the failure to have such license, certificate, permit or authorization would not
reasonably be expected to have a Material Adverse Effect and except, as described in or contemplated in the Disclosure Package or the Final Memorandum (exclusive of any amendment or supplement thereto after the Execution Time), and neither the
Company nor any of its subsidiaries have received any notice of proceedings relating to the revocation or modification of any such certificate, authorization or permit which, singly or in the aggregate, if the subject of an unfavorable decision,
ruling or finding, would have a Material Adverse Effect, except as set forth in or contemplated in the Disclosure Package and the Final Memorandum (exclusive of any amendment or supplement thereto after the Execution Time). 

(dd) The Company and each of its subsidiaries maintain a system of internal accounting controls sufficient to provide reasonable
assurance that (i) transactions are executed in accordance with management’s general or specific authorizations; (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with Mexican FRS
and to maintain asset accountability; (iii) access to assets is permitted only in accordance with management’s general or specific authorization; and (iv) the recorded accountability for assets is compared with the existing assets at
reasonable intervals and appropriate action is taken with respect to any differences. The Company’s and each of its subsidiaries’ internal controls over financial reporting are effective, and neither the Company nor any of its subsidiaries
is aware of any material weakness in its internal control over financial reporting. The Company and each of its subsidiaries maintains “disclosure controls and procedures” (as such term is defined in Rule 13a-15(e) under the Exchange Act)
and such disclosure controls and procedures are effective. 

  
 8 

 (ee) Each of the Company and its subsidiaries (i) is in compliance with any and all
applicable laws and regulations relating to the protection of human health and safety, the environment or hazardous or toxic substances or wastes, pollutants or contaminants (“Environmental Laws”); (ii) has received and is in
compliance with all permits, licenses or other approvals required under applicable Environmental Laws to conduct its businesses; and (iii) has not received notice of any actual or potential liability under any Environmental Law, except where
such non-compliance with Environmental Laws, failure to receive required permits, licenses or other approvals, or liability would not, individually or in the aggregate, have a Material Adverse Effect, except as set forth in or contemplated in the
Disclosure Package and the Final Memorandum (exclusive of any amendment or supplement thereto after the Execution Time). Except as set forth in the Disclosure Package and the Final Memorandum, neither the Company nor any of its subsidiaries has been
named as a “potentially responsible party” under the Comprehensive Environmental Response, Compensation, and Liability Act of 1980, as amended. 
 (ff) In the ordinary course of its business, the Company periodically reviews the effect of Environmental Laws on the business, operations and properties of the Company and its subsidiaries, in the course
of which it identifies and evaluates associated costs and liabilities (including, without limitation, any capital or operating expenditures required for clean-up, closure of properties or compliance with Environmental Laws, or any permit, license or
approval, any related constraints on operating activities and any potential liabilities to third parties); on the basis of such review, the Company has reasonably concluded that such associated costs and liabilities would not, singly or in the
aggregate, have a Material Adverse Effect, except as set forth in or contemplated in the Disclosure Package and the Final Memorandum (exclusive of any amendment or supplement thereto after the Execution Time). 

(gg) The operations of the Company and each of its subsidiaries are and have been conducted at all times in compliance with applicable
financial recordkeeping and reporting requirements and the money laundering statutes and the rules and regulations thereunder and any related or similar rules, regulations or guidelines, issued, administered or enforced by any governmental agency
(collectively, the “Money Laundering Laws”) and no action, suit or proceeding by or before any court or governmental agency, authority or body or any arbitrator involving the Company or any of its subsidiaries with respect to the Money
Laundering Laws is pending or, to the best knowledge of the Company, threatened. 
 (hh) None of the Company, any of its
subsidiaries or, to the knowledge of the Company, any director, officer, agent, employee or Affiliate of the Company or any of its subsidiaries is currently subject to any sanctions administered by the Office of Foreign Assets Control of the U.S.
Department of the Treasury (“OFAC”); and the Company will not directly or indirectly use the proceeds of the offering of the Securities hereunder, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint
venture partner or other person or entity, for the purpose of financing the activities of any person currently subject to any U.S. sanctions administered by OFAC. There is and has been no failure on the part of the Company and or of the
Company’s directors or officers, in their capacities as such, to comply with any provision of the Sarbanes-Oxley Act of 2002 and the rules and regulations promulgated in connection therewith (the “Sarbanes-Oxley Act”), including
Section 402 relating to loans and Sections 302 and 906 relating to certifications. 

  
 9 

 (ii) None of the Company, any of its subsidiaries nor, to the knowledge of the Company, any
director, officer, agent, employee or Affiliate of the Company is aware of or has taken any action, directly or indirectly, that would result in a violation by such persons of the Foreign Corrupt Practices Act of 1977, as amended, and the rules and
regulations thereunder (the “FCPA”), including, without limitation, making use of the mails or any means or instrumentality of interstate commerce corruptly in furtherance of an offer, payment, promise to pay or authorization of the
payment of any money, or other property, gift, promise to give, or authorization of the giving of anything of value to any “foreign official” (as such term is defined in the FCPA) or any foreign political party or official thereof or any
candidate for foreign political office, in contravention of the FCPA; and the Company, its subsidiaries and, to the knowledge of the Company, its Affiliates have conducted their respective businesses in compliance with the FCPA and have instituted
and maintain policies and procedures designed to ensure, and which are reasonably expected to continue to ensure, continued compliance therewith. 
 (jj) On the Closing Date, after giving effect to the offering of the Securities, the Company and its subsidiaries, on a consolidated basis, will be Solvent. 

(kk) Any certificate signed by any officer of the Company or any of its subsidiaries and delivered to the Representative or counsel for
the Initial Purchasers in connection with the offering of the Securities shall be deemed a representation and warranty by the Company and each of the Note Guarantors, as to matters covered thereby, to each Initial Purchaser. 

2. Purchase and Sale. Subject to the terms and conditions and in reliance upon the representations and warranties herein set
forth, the Company agrees to sell to each Initial Purchaser, and each Initial Purchaser agrees, severally and not jointly, to purchase from the Company, at a purchase price of 96.750% of the principal amount thereof, plus accrued interest, if any,
from July 11, 2011 to the Closing Date, the principal amount of Securities set forth opposite such Initial Purchaser’s name in Schedule I hereto. The Initial Purchasers may acquire the Securities through any of their Affiliates.

 3. Delivery and Payment. Delivery of and payment for the Securities shall be made at 10:00 A.M., New York City time,
on July 11, 2011, or at such time on such later date not more than three Business Days after the foregoing date as the Representative shall designate, which date and time may be postponed by agreement between the Representative and the Company
or as provided in Section 9 hereof (such date and time of delivery and payment for the Securities being herein called the “Closing Date”). Delivery of the Securities shall be made to the Representative for the respective accounts of
the several Initial Purchasers against payment by the several Initial Purchasers through the Representative of the purchase price thereof to or upon the order of the Company by wire transfer payable in same-day funds to the account specified by the
Company. Delivery of the Securities shall be made through the facilities of The Depository Trust Company (“DTC”) and any other relevant clearing system unless the Representative shall otherwise instruct. 

4. Offering by Initial Purchasers. (a) Each Initial Purchaser acknowledges that the Securities have not been and will not be
registered under the Act and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the
Act. 

  
 10 

 (b) Each Initial Purchaser, severally and not jointly, represents and warrants to and agrees
with the Company that: 
 (i) it has not offered or sold, and will not offer or sell, any Securities within the
United States or to, or for the account or benefit of, U.S. persons (x) as part of their distribution at any time or (y) otherwise until 40 days after the later of the commencement of the offering and the date of the closing of the
offering except: 
  

	 	(A)	to those it reasonably believes to be “qualified institutional buyers” (as defined in Rule 144A under the Act) or 

 

	 	(B)	in accordance with Rule 903 of Regulation S; 

 (ii) neither it nor any person acting on its behalf has made or will make offers or sales of the Securities in the United States by means of any form of general solicitation or general advertising (within
the meaning of Regulation D); 
 (iii) in connection with each sale pursuant to Section 4(b)(i)(A), it
has taken or will take reasonable steps to ensure that the purchaser of such Securities is aware that such sale may be made in reliance on Rule 144A; 
 (iv) neither it, nor any of its Affiliates nor any person acting on its or their behalf has engaged or will engage in any directed selling efforts (within the meaning of Regulation S) with respect to
the Securities; 
 (v) it is an “accredited investor” (as defined in Rule 501(a) of Regulation D);

 (vi) it has not entered and will not enter into any contractual arrangement with any distributor (within the
meaning of Regulation S) with respect to the distribution of the Securities, except with its Affiliates or with the prior written consent of the Company; 
 (vii) it has complied and will comply with the offering restrictions requirement of Regulation S; 
 (viii) at or prior to the confirmation of sale of Securities (other than a sale of Securities pursuant to Section 4(b)(i)(A) of this Agreement), it shall have sent to each distributor, dealer or
person receiving a selling concession, fee or other remuneration that purchases Securities from it during the distribution compliance period (within the meaning of Regulation S) a confirmation or notice to substantially the following effect:

 “The Securities covered hereby have not been registered under the U.S. Securities Act of 1933 (the “Act”) and
may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons (i) as part of their distribution at any time or (ii) otherwise until 40 days after the later of the commencement of the offering and
the date of closing of the offering, except in either case in accordance with Regulation S or Rule 144A under the Act. Terms used in this paragraph have the meanings given to them by Regulation S.”; 

  
 11 

 (ix) it has only communicated or caused to be communicated and will only
communicate or cause to be communicated any invitation or inducement to engage in investment activity (within the meaning of Section 21 of the Financial Services and Markets Act 2000 (the “FSMA”)) received by it in connection with the
issue or sale of any Securities, in circumstances in which Section 21(1) of the FSMA does not apply to the Company or the Note Guarantors; 
 (x) it has complied and will comply with all applicable provisions of the FSMA with respect to anything done by it in relation to the Securities in, from or otherwise involving the United Kingdom; and

 (xi) in relation to each Member State of the European Economic Area which has implemented the Prospectus
Directive (each, a “Relevant Member State”), with effect from and including the date on which the Prospectus Directive is implemented in that Relevant Member State it has not made and will not make an offer to the public of any Securities
which are the subject of the offering contemplated by this Agreement in that Relevant Member State, except that it may make an offer to the public in that Relevant Member State of any Securities at any time under the following exemptions under the
Prospectus Directive, if they have been implemented in that Relevant Member State: 
  

	 	(A)	to any legal entity which is a qualified investor as defined in the Prospectus Directive; 

 

	 	(B)	to fewer than 100 or, if the Relevant Member State has implemented the relevant provision of the 2010 PD Amending Directive, 150 natural or legal persons (other than
qualified investors as defined in the Prospectus Directive), as permitted under the Prospectus Directive, subject to obtaining the prior consent of the Representative for any such offer; or 

 

	 	(C)	in any other circumstances falling within Article 3(2) of the Prospectus Directive; 

provided that no such offer of Securities shall result in a requirement for the publication by the Company or any Initial Purchaser of a
prospectus pursuant to Article 3 of the Prospectus Directive. 

  
 12 

 For the purposes of this provision, the expression “an offer to the
public” in relation to any Securities in any Relevant Member State means the communication in any form and by any means of sufficient information on the terms of the offer and the Securities to be offered so as to enable an investor to decide
to purchase or subscribe for any Securities, as the same may be varied in that Relevant Member State by any measure implementing the Prospectus Directive in that Relevant Member State; and the expression “Prospectus Directive” means
Directive 2003/71/EC (and amendments thereto, including the 2010 PD Amending Directive, to the extent implemented in the Relevant Member State) and includes any relevant implementing measure in each Relevant Member State; and the expression
“2010 PD Amending Directive” means Directive 2010/73/EU. 
 5. Agreements. The Company and the Note Guarantors
agree, jointly and severally, in each case with each Initial Purchaser that: 
 (a) The Company will furnish to each Initial
Purchaser and to counsel for the Initial Purchasers, without charge, during the Distribution Period (as defined in Section 5(c) below), as many copies of the materials contained in the Disclosure Package and the Final Memorandum and any
amendments and supplements thereto as they may reasonably request. 
 (b) The Company will prepare a final term sheet,
containing solely a description of final terms of the Securities and the offering thereof, in the form approved by you attached as Schedule II hereto (the “Final Term Sheet”). 

(c) The Company will not amend or supplement the Disclosure Package or the Final Memorandum other than by filing documents under the
Exchange Act that are incorporated by reference therein, without the prior written consent of the Representative, which consent, following the Closing Date, may not be unreasonably withheld; provided, however, that prior to the earlier
of (i) the completion of the distribution of the Securities by the Initial Purchasers (as determined by the Representative and communicated to the Company) and (ii) twelve (12) months after the date of the Final Memorandum (the
“Distribution Period”), the Company will not file any document under the Exchange Act that is incorporated by reference in the Disclosure Package or the Final Memorandum unless, prior to such proposed filing, the Company has furnished the
Representative with a copy of such document for their review and the Representative has not reasonably objected to the filing of such document. The Company will promptly advise the Representative when any document filed under the Exchange Act that
is incorporated by reference in the Disclosure Package or the Final Memorandum shall have been filed with the Commission. 
 (d)
If at any time during the Distribution Period, any event occurs as a result of which the Disclosure Package or the Final Memorandum, as then amended or supplemented, would include any untrue statement of a material fact or omit to state any material
fact necessary to make the statements therein, in the light of the circumstances under which they were made or the circumstances then prevailing, not misleading, or if it should be necessary to amend or supplement the Disclosure Package or the Final
Memorandum to comply with applicable law, the Company will promptly (i) notify the Representative of any such event; (ii) subject to the 

  
 13 

 
requirements of Section 5(c), prepare an amendment or supplement that will correct such statement or omission or effect such compliance; and (iii) supply any supplemented or amended
Disclosure Package or Final Memorandum to the several Initial Purchasers and counsel for the Initial Purchasers without charge in such quantities as they may reasonably request. 

(e) Without the prior written consent of the Representative, the Company and each of the Note Guarantors will not give to any prospective
purchaser of the Securities any written information concerning the offering of the Securities other than materials contained in the Disclosure Package, the Final Memorandum or any other offering materials prepared by or with the prior written
consent of the Representative. 
 (f) The Company will arrange, if necessary, for the qualification of the Securities for sale
by the Initial Purchasers under the laws of such jurisdictions as the Representative may designate (including Japan and certain provinces of Canada) and will maintain such qualifications in effect so long as required for the sale of the Securities;
provided that in no event shall the Company be obligated to qualify to do business in any jurisdiction where it is not now so qualified or to take any action that would subject it to service of process in suits, other than those arising out
of the offering or sale of the Securities, in any jurisdiction where it is not now so subject. The Company will promptly advise the Representative of the receipt by the Company of any notification with respect to the suspension of the qualification
of the Securities for sale in any jurisdiction or the initiation or threatening of any proceeding for such purpose. 
 (g) As
required under Article 7 of the Mexican Securities Market Law (Ley del Mercado de Valores), the Company will, no later than one Business Day after the Closing Date, notify the Mexican National Banking and Securities Commission
(Comisión Nacional Bancaria y de Valores) of the offering of the Securities as described herein and in the Disclosure Package and in the Final Memorandum. 
 (h) The Company will not, and will not permit any of its Affiliates to, resell any Securities that have been acquired by any of them, except (i) in a transaction registered under the Act or
(ii) in a transaction exempt from the registration requirements under the Act if such transaction does not cause the holding periods under Rule 144 under the Act to be extended for other holders of Securities. 

(i) None of the Company, its Affiliates, or any person acting on its or their behalf will, directly or indirectly, make offers or sales
of any security, or solicit offers to buy any security, under circumstances that would require the registration of the Securities under the Act. 
 (j) None of the Company, its Affiliates, or any person acting on its or their behalf will engage in any directed selling efforts (within the meaning of Regulation S) with respect to the Securities; and
each of them will comply with the offering restrictions requirement of Regulation S. 
 (k) None of the Company, its Affiliates,
or any person acting on its or their behalf will engage in any form of general solicitation or general advertising (within the meaning of Regulation D) in connection with any offer or sale of the Securities in the United States. 

  
 14 

 (l) For so long as any of the Securities are outstanding and are “restricted
securities” within the meaning of Rule 144(a)(3) under the Act, the Company, during any period in which it is not subject to and in compliance with Section 13 or 15(d) of the Exchange Act or it is not exempt from such reporting
requirements pursuant to and in compliance with Rule 12g3-2(b) under the Exchange Act, will provide to each holder of such restricted securities and to each prospective purchaser (as designated by such holder) of such restricted securities, upon the
request of such holder or prospective purchaser, any information required to be provided by Rule 144A(d)(4) under the Act. This covenant is intended to be for the benefit of the holders, and the prospective purchasers designated by such holders,
from time to time of such restricted securities. 
 (m) The Company will cooperate with the Representative and use its best
efforts to permit the Securities to be eligible for clearance and settlement through DTC, Euroclear Bank S.A./N.V. (“Euroclear”) and Clearstream Banking, S.A. (“Clearstream”), as applicable, and any other relevant clearing
system. 
 (n) Each of the Securities will bear, to the extent applicable, the legend contained in “Transfer
Restrictions” in the Disclosure Package and the Final Offering Memorandum for the time period and upon the other terms stated therein. 
 (o) Neither the Company nor any of the Note Guarantors will, for a period of 90 days following the Execution Time, without the prior written consent of the Representative, which consent shall not be
unreasonably withheld, offer, sell, contract to sell, pledge or otherwise dispose of or enter into any transaction which is designed to, or might reasonably be expected to, result in the disposition (whether by actual disposition or effective
economic disposition due to cash settlement or otherwise) by the Company or any of the Note Guarantors or any person in privity with the Company or any of the Note Guarantors, directly or indirectly, or announce the offering of, any debt securities
in the international capital markets that are issued or guaranteed by the Company or any of the Note Guarantors (other than the Securities); provided, however, that the foregoing will not restrict the ability of the Company or any of
the Note Guarantors to offer, sell, contract to sell, pledge or otherwise dispose of or announce an offering of securities, the proceeds of which are used to fund the repurchase or retirement of the Company’s perpetual debentures or the CEMEX
España Euro Notes, an offer to exchange new securities for the Company’s perpetual debentures or the CEMEX España Euro Notes, an offering of certificados bursátiles in the local Mexican market and to enter into
securitization transactions. 
 (p) The Company will not take, directly or indirectly, any action designed to, or that has
constituted or that might reasonably be expected to, cause or result, under the Exchange Act or otherwise, in stabilization or manipulation of the price of any security of the Company to facilitate the sale or resale of the Securities. 

(q) The Company will, for a period of twelve months following the Execution Time, furnish to the Representative (i) all reports or
other communications (financial or other) generally made available to its shareholders, and deliver such reports and communications to the Representative as soon as they are available, unless such documents are furnished to or filed with the
Commission or any securities exchange on which any class of securities of the Company is 

  
 15 

 
listed and generally made available to the public and (ii) such additional information concerning the business and financial condition of the Company as the Representative may from time to
time reasonably request (such statements to be on a consolidated basis to the extent the accounts of the Company and its subsidiaries are consolidated in reports furnished to its shareholders). 

(r) The Company will comply with all applicable securities and other laws, rules and regulations, including, without limitation, the
Sarbanes-Oxley Act, and use its best efforts to cause the Company’s directors and officers, in their capacities as such, to comply with such laws, rules and regulations, including, without limitation, the provisions of the Sarbanes-Oxley Act.

 (s) The Company and the Note Guarantors agree, jointly and severally, to pay the costs and expenses relating to the following
matters: (i) the preparation of the Supplemental Indenture and the issuance of the Securities and the fees of the Trustee; (ii) the preparation, printing or reproduction of the materials contained in the Disclosure Package and the Final
Memorandum and each amendment or supplement to either of them; (iii) the printing (or reproduction) and delivery (including postage, air freight charges and charges for counting and packaging) of such copies of the materials contained in the
Disclosure Package and the Final Memorandum, and all amendments or supplements to either of them, as may, in each case, be reasonably requested for use in connection with the offering and sale of the Securities; (iv) the preparation, printing,
authentication, issuance and delivery of the Securities; (v) any stamp or transfer taxes in connection with the original issuance and sale of the Securities; (vi) the printing (or reproduction) and delivery of this Agreement, any blue sky
memorandum and all other agreements or documents printed (or reproduced) and delivered in connection with the offering of the Securities; (vii) any registration or qualification of the Securities for offer and sale under the securities or blue
sky laws of the several states, Japan, the provinces of Canada and any other jurisdictions specified pursuant to Section 5(f) (including filing fees and the reasonable fees and expenses of counsel for the Initial Purchasers relating to such
registration and qualification); (viii) the transportation and other expenses incurred by or on behalf of each of the Company’s representatives in connection with presentations to prospective purchasers of the Securities; (ix) the
fees and expenses of the Company’s accountants and the fees and expenses of counsel (including local and special counsel) for the Company; (x) fees and expenses incurred in connection with listing the Securities on the Irish Stock
Exchange; (xi) the fees and expenses incurred in connection with the rating of the Securities by Standard & Poor’s and Fitch Ratings; and (xii) all other costs and expenses incident to the performance by the Company of its
obligations hereunder. 
 (t) The Company and the Note Guarantors agree, jointly and severally, to reimburse the Representative,
on behalf of the Initial Purchasers, for all their reasonable expenses incurred in connection with the sale of the Securities provided for herein (including, without limitation, reasonable fees, disbursements and expenses of legal advisors as to
U.S. and Mexican law for the Initial Purchasers). The reimbursement obligations of the Company in respect of the legal advisors for the Initial Purchasers pursuant to this Section 5(t) and Section 7 hereof will be limited to U.S.$250,000
(excluding reimbursements in respect of disbursements and expenses of such legal advisors). 

  
 16 

 (u) The Company will apply the aggregate net proceeds from the offering of the Securities in
the manner specified in the Disclosure Package and the Final Memorandum under the heading “Use of Proceeds”. 
 6.
Conditions to the Obligations of the Initial Purchasers. The obligations of the Initial Purchasers to purchase the Securities shall be subject to the accuracy of the representations and warranties of the Company and the Note Guarantors
contained herein at the Execution Time and the Closing Date, to the accuracy of the statements of the Company or any of its subsidiaries made in any certificates pursuant to the provisions hereof, to the performance by the Company and the Note
Guarantors to their respective obligations hereunder and to the following additional conditions: 
 (a) The Company shall have
requested and caused Skadden, Arps, Slate, Meagher & Flom LLP, special U.S. counsel for the Company, to furnish to the Representative its opinion, tax opinion and negative assurance letter, each dated as of the Closing Date and addressed to
the Representative, in form and substance reasonably satisfactory to the Representative. 
 (b) The Company shall have requested
and caused Mr. Ramiro G. Villarreal, General Counsel for the Company, to furnish to the Representative his opinion, subject to certain applicable exceptions, qualifications and conditions acceptable to the Representative, dated as of the
Closing Date and addressed to the Representative, in form and substance reasonably satisfactory to the Representative. 
 (c)
The Company shall have requested and caused Mr. Juan Pelegrí y Girón, General Counsel for CEMEX España, to furnish to the Representative its opinion, subject to certain applicable exceptions, qualifications and conditions
acceptable to the Representative, dated as of the Closing Date and addressed to the Representative, in form and substance reasonably satisfactory to the Representative. 
 (d) The Company shall have requested and caused Warendorf, special Dutch counsel to the Company, to furnish to the Representative its opinion, subject to certain applicable exceptions, qualifications and
conditions acceptable to the Representative, dated as of the Closing Date and addressed to the Representative, in form and substance reasonably satisfactory to the Representative. 

(e) The Company shall have requested and caused GHR Rechtsanwälte AG, special Swiss counsel to the Company, to furnish to the
Representative its opinion, subject to certain applicable exceptions, qualifications and conditions acceptable to the Representative, dated as of the Closing Date and addressed to the Representative, in form and substance reasonably satisfactory to
the Representative. 
 (f) The Company shall have requested and caused Arthur Cox, special Irish counsel for the Company, to
furnish such opinion or opinions, dated the Closing Date, providing, among other related matters as the Representative may reasonably require, that the issuance and sale of the Securities as provided in the Disclosure Package and the Final
Memorandum, constitutes a public offering under the laws of the Republic of Ireland, and the Company shall have furnished to such counsel such documents as they request for the purpose of enabling them

  
 17 

 
to pass upon such matters; provided, however, that prior to the delivery of such opinion on the Closing Date, the Representive agrees to furnish a representation letter to Arthur
Cox to the effect that it has offered the Securities to at least five persons within the Republic of Ireland. 
 (g) The
Representative shall have received from Cleary Gottlieb Steen & Hamilton LLP and Ritch Mueller, S.C., counsel for the Initial Purchasers, such opinion or opinions, dated the Closing Date and addressed to the Representative, with respect to
the issuance and sale of the Securities, the Indenture, the Disclosure Package, the Final Memorandum (as amended or supplemented at the Closing Date) and other related matters as the Representative may reasonably require, and the Company shall have
furnished to such counsel such documents as they request for the purpose of enabling them to pass upon such matters. 
 (h) The
Company and each Note Guarantor shall have furnished to the Representative a certificate, signed by an executive officer of each of the Company and the Note Guarantors, dated as of the Closing Date, substantially in the form of Schedule III attached
hereto. 
 (i) At the Execution Time and at the Closing Date, the Company shall have requested and caused KPMG Cárdenas
Dosal, S.C. to furnish to the Representative, letters, dated respectively as of the Execution Time and as of the Closing Date, in form and substance satisfactory to the Representative and confirming that they are independent auditors within the
meaning of the Exchange Act and the applicable published rules and regulations thereunder substantially in the form of Schedule IV attached hereto. 
 (j) Any and all applicable amendments, supplements or modifications to the Financing Agreement, any of the Transaction Security Documents, the Intercreditor Agreement and any other documents derived
therefrom and in connection therewith, as applicable, shall have been made and shall constitute legal, valid and binding obligations to each party thereof. 
 (k) The Trustee shall be entitled to all rights and benefits provided in the Intercreditor Agreement as an Additional Notes Trustee (as such term is defined in the Intercreditor Agreement) and the Initial
Purchasers, and/or each of the subsequent holders of the Securities, shall be entitled to all rights and benefits provided therein as Additional Notes Creditors (as such term is defined in the Intercreditor Agreement). 

(l) Subsequent to the Execution Time or, if earlier, the dates as of which information is given in the Disclosure Package (exclusive of
any amendment or supplement thereto after the Execution Time) and the Final Memorandum (exclusive of any amendment or supplement thereto after the Execution Time), there shall not have been (i) any change, increase or decrease specified in the
letter or letters referred to in paragraph (i) of this Section 6; or (ii) any change, or any development involving a prospective change, in or affecting the condition (financial or otherwise), prospects, earnings, business or
properties of the Company and its subsidiaries taken as a whole, whether or not arising from transactions in the ordinary course of business, except as set forth in or contemplated in the Disclosure Package and the Final Memorandum (exclusive of any
amendment or supplement thereto after the Execution Time), the effect of which, in any case referred to in clause (i) or (ii) above, is, in the sole judgment of the Representative, so material and adverse as to make it impractical or
inadvisable to proceed with the offering or delivery of the Securities as contemplated in the Disclosure Package and the Final Memorandum (exclusive of any amendment or supplement thereto after the Execution Time). 

  
 18 

 (m) The Securities shall be eligible for clearance and settlement through DTC, Euroclear and
Clearstream, as applicable, and any other relevant clearing system. 
 (n) Subsequent to the Execution Time, there shall not
have been any decrease in the rating of any of the Company’s or any of its subsidiaries’ debt securities by Standard & Poor’s and Fitch Ratings or any notice given of any intended or potential decrease in any such rating. For
the avoidance of doubt, any reiteration or reissuance of the outlook of a rating agency that was in place at the Execution Time shall not be considered a notice of an intended or potential decrease in a rating. 

(o) Prior to the Closing Date, the Company shall have furnished to the Representative such further information, certificates and
documents as the Representative may reasonably request. 
 If any of the conditions specified in this Section 6 shall not
have been fulfilled when and as provided in this Agreement, or if any of the opinions and certificates mentioned above or elsewhere in this Agreement shall not be reasonably satisfactory in form and substance to the Representative and counsel for
the Initial Purchasers, this Agreement and all obligations of the Initial Purchasers hereunder may be cancelled at, or at any time prior to, the Closing Date by the Representative. Notice of such cancellation shall be given to the Company in writing
or by telephone or facsimile confirmed in writing. 
 The documents required to be delivered under this Section 6 will be
delivered at the office of counsel for the Initial Purchasers, at Cleary Gottlieb Steen & Hamilton LLP, One Liberty Plaza, New York, New York, 10006, Attention: Duane McLaughlin, Esq., on the Closing Date. 

7. Reimbursement of Expenses. If the sale of the Securities provided for herein is not consummated because any condition to the
obligations of the Initial Purchasers set forth in Section 6 hereof is not satisfied, because of any termination pursuant to Section 10 hereof or because of any refusal, inability or failure on the part of the Company to perform any
agreement herein or comply with any provision hereof other than by reason of a default by any of the Initial Purchasers, the Company will reimburse the Initial Purchasers severally through the Representative on demand for all expenses (including
reasonable fees and disbursements of counsel) that shall have been incurred by them in connection with the proposed purchase and sale of the Securities. 
 8. Indemnification and Contribution. (a) The Company and the Note Guarantors, jointly and severally, agree to indemnify and hold harmless each Initial Purchaser, the directors, officers,
employees, Affiliates and agents of each Initial Purchaser and each person who controls any Initial Purchaser within the meaning of either the Act or the Exchange Act against any and all losses, claims, damages or liabilities, joint or several, to
which they or any of them may become subject under the Act, the Exchange Act or other U.S. federal or state statutory law or regulation, at common law or otherwise, insofar as such losses, claims, damages

  
 19 

 
or liabilities (or actions in respect thereof) arise out of or are based upon any untrue statement or alleged untrue statement of a material fact contained in the Preliminary Memorandum, the
Final Term Sheet, the Final Memorandum, any Issuer Written Information, or any other written information, including any electronic road show, used by or on behalf of the Company in connection with the offer or sale of the Securities, or in any
amendment or supplement thereto, or arise out of or are based upon the omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein, in the light of the circumstances under
which they were made, not misleading, and agrees to reimburse each such indemnified party, as incurred, for any legal or other expenses reasonably incurred by it in connection with investigating or defending any such loss, claim, damage, liability
or action; provided, however, that neither the Company nor any of the Note Guarantors will be liable in any such case to the extent that any such loss, claim, damage or liability arises out of or is based upon any such untrue statement
or alleged untrue statement or omission or alleged omission made in the Preliminary Memorandum, the Final Term Sheet or the Final Memorandum, or in any amendment thereof or supplement thereto, in reliance upon and in conformity with written
information furnished to the Company by or on behalf of any Initial Purchaser through the Representative specifically for inclusion therein. This indemnity agreement will be in addition to any liability that the Company or any of the Note Guarantors
may otherwise have. 
 (b) Each Initial Purchaser severally, and not jointly, agrees to indemnify and hold harmless the Company,
each of its directors, each of its officers, and each person who controls the Company within the meaning of either the Act or the Exchange Act, to the same extent as the foregoing indemnity to each Initial Purchaser, but only with reference to
written information relating to such Initial Purchaser furnished to the Company by or on behalf of such Initial Purchaser through the Representative specifically for inclusion in the Preliminary Memorandum or the Final Memorandum (or in any
amendment or supplement thereto). This indemnity agreement will be in addition to any liability that any Initial Purchaser may otherwise have. The Company acknowledges that (i) the statements set forth in the last paragraph of the cover page
regarding delivery of the Securities and (ii) under the heading “Plan of Distribution,” (A) the table of Initial Purchasers, and (B) the eighth and ninth paragraphs in the Disclosure Package and the Final Memorandum
constitute the only information furnished in writing by or on behalf of the Initial Purchasers for inclusion in the Disclosure Package or the Final Memorandum or in any amendment or supplement thereto. 

(c) Promptly after receipt by an indemnified party under this Section 8 of notice of the commencement of any action, such
indemnified party will, if a claim in respect thereof is to be made against the indemnifying party under this Section 8, notify the indemnifying party in writing of the commencement thereof; but the failure so to notify the indemnifying party
(i) will not relieve it from liability under paragraph (a) or (b) above unless and to the extent it did not otherwise learn of such action and such failure results in the forfeiture by the indemnifying party of substantial rights and
defenses and (ii) will not, in any event, relieve the indemnifying party from any obligations to any indemnified party other than the indemnification obligation provided in paragraph (a) or (b) above. The indemnifying party shall be
entitled to appoint counsel (including local counsel) of the indemnifying party’s choice at the indemnifying party’s expense to represent the indemnified party in any action for which indemnification is sought (in which case the
indemnifying party shall not thereafter be responsible for the fees and expenses of any separate counsel, other than local counsel if not appointed by the indemnifying party, retained by 

  
 20 

 
the indemnified party or parties except as set forth below); provided, however, that such counsel shall be satisfactory to the indemnified party. Notwithstanding the indemnifying
party’s election to appoint counsel (including local counsel) to represent the indemnified party in an action, the indemnified party shall have the right to employ separate counsel (including local counsel), and the indemnifying party shall
bear the reasonable fees, costs and expenses of such separate counsel if (i) the use of counsel chosen by the indemnifying party to represent the indemnified party would present such counsel with a conflict of interest; (ii) the actual or
potential defendants in, or targets of, any such action include both the indemnified party and the indemnifying party and the indemnified party shall have reasonably concluded that there may be legal defenses available to it that are different from
or additional to those available to the indemnifying party and/or other indemnified parties; (iii) the indemnifying party shall not have employed counsel satisfactory to the indemnified party to represent the indemnified party within a
reasonable time after notice of the institution of such action; or (iv) the indemnifying party shall authorize the indemnified party to employ separate counsel at the expense of the indemnifying party. If none of the conditions in clauses
(i) through (iv) in the preceding sentence are satisfied as to any indemnified party, it is understood that the indemnifying party shall, in connection with any one such action be liable for the reasonable fees and expenses of only one
separate firm of attorneys in each jurisdiction (and in addition to any local counsel) at any time (other than reasonable overlapping of engagements) for all such indemnified parties. An indemnifying party will not, without the prior written consent
of the indemnified parties, settle or compromise or consent to the entry of any judgment with respect to any pending or threatened claim, action, suit or proceeding in respect of which indemnification or contribution may be sought hereunder (whether
or not the indemnified parties are actual or potential parties to such claim or action) unless such settlement, compromise or consent includes an unconditional release of each indemnified party from all liability arising out of such claim, action,
suit or proceeding and does not include any statement as to any admission of fault, culpability or a failure to act by or on behalf of any indemnified party. 
 (d) In the event that the indemnity provided in paragraph (a) or (b) of this Section 8 is unavailable to, or insufficient to hold harmless, an indemnified party for any reason, the Company
and the Initial Purchasers severally agree to contribute to the aggregate losses, claims, damages and liabilities (including legal or other expenses reasonably incurred in connection with investigating or defending any loss, claim, damage, liability
or action) (collectively “Losses”) to which the Company and one or more of the Initial Purchasers may be subject in such proportion as is appropriate to reflect the relative benefits received by the Company on the one hand and by the
Initial Purchasers on the other from the offering of the Securities; provided, however, that in no case under this paragraph (d) shall any Initial Purchaser be responsible for any amount in excess of the purchase discount or
commission applicable to the Securities purchased by such Initial Purchaser hereunder. If the allocation provided by the immediately preceding sentence is unavailable for any reason, the Company and the Initial Purchasers severally shall contribute
in such proportion as is appropriate to reflect not only such relative benefits but also the relative fault of the Company on the one hand and the Initial Purchasers on the other in connection with the statements or omissions that resulted in such
Losses, as well as any other relevant equitable considerations. Benefits received by the Company shall be deemed to be equal to the total net proceeds from the offering (before deducting expenses) received by it, and benefits received by the Initial
Purchasers shall be deemed to be equal to the total purchase discounts and commissions. Relative fault shall be 

  
 21 

 
determined by reference to, among other things, whether any untrue or alleged untrue statement of a material fact or the omission or alleged omission to state a material fact relates to
information provided by the Company on the one hand or the Initial Purchasers on the other, the intent of the parties and their relative knowledge, access to information and opportunity to correct or prevent such untrue statement or omission. The
Company and the Initial Purchasers agree that it would not be just and equitable if contribution were determined by pro rata allocation or any other method of allocation that does not take account of the equitable considerations referred to above.
Notwithstanding the provisions of this paragraph (d), no person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Act) shall be entitled to contribution from any person who was not guilty of such fraudulent
misrepresentation. For purposes of this Section 8, each person who controls an Initial Purchaser within the meaning of either the Act or the Exchange Act and each director, officer, employee, Affiliate and agent of an Initial Purchaser shall
have the same rights to contribution as such Initial Purchaser, and each person who controls the Company and the Note Guarantors within the meaning of either the Act or the Exchange Act and each officer and director of the Company and the Note
Guarantors shall have the same rights to contribution as the Company and the Note Guarantors, subject in each case to the applicable terms and conditions of this paragraph (d). 

9. Default by an Initial Purchaser. If any one or more Initial Purchasers shall fail to purchase and pay for any of the Securities
agreed to be purchased by such Initial Purchaser hereunder and such failure to purchase shall constitute a default in the performance of its or their obligations under this Agreement, the remaining Initial Purchasers shall be obligated severally to
take up and pay for (in the respective proportions which the principal amount of Securities set forth opposite their names in Schedule I hereto bears to the aggregate principal amount of Securities set forth opposite the names of all the
remaining Initial Purchasers) the Securities which the defaulting Initial Purchaser or Initial Purchasers agreed but failed to purchase; provided, however, that in the event that the aggregate principal amount of Securities which the
defaulting Initial Purchaser or Initial Purchasers agreed but failed to purchase shall exceed 10% of the aggregate principal amount of Securities set forth in Schedule I hereto, the remaining Initial Purchasers shall have the right to purchase
all, but shall not be under any obligation to purchase any, of the Securities, and if such non-defaulting Initial Purchasers do not purchase all the Securities, this Agreement will terminate without liability to any non-defaulting Initial Purchaser
or the Company. In the event of a default by any Initial Purchaser as set forth in this Section 9, the Closing Date shall be postponed for such period, not exceeding five Business Days, as the Representative and the Company shall determine in
order that the required changes in the Final Memorandum or in any other documents or arrangements may be effected. Nothing contained in this Agreement shall relieve any defaulting Initial Purchaser of its liability, if any, to the Company or any
non-defaulting Initial Purchaser for damages occasioned by its default hereunder. 
 10. Termination. This Agreement
shall be subject to termination in the absolute discretion of the Representative, by notice given to the Company prior to the time of delivery of, and payment for, the Securities, if at any time prior to such time (i) trading in securities
generally on the Mexican Stock Exchange (Bolsa Mexicana de Valores, S.A.B. de C.V.) or the New York Stock Exchange shall have been suspended or limited or minimum prices shall have been established on either such exchange; (ii) a banking
moratorium shall have been declared either by Mexican, U.S. federal or New York State authorities; or (iii) there shall have occurred any 

  
 22 

 
outbreak or escalation of hostilities, declaration by Mexico or the United States of a national emergency or war or other calamity or crisis the effect of which on financial markets is such as to
make it, in the sole judgment of the Representative, impractical or inadvisable to proceed with the offering or delivery of the Securities as contemplated in the Disclosure Package and the Final Memorandum (exclusive of any amendment or supplement
thereto after the Execution Time). 
 11. Representations and Indemnities to Survive. The respective agreements,
representations, warranties, indemnities and other statements of the Company, the Note Guarantors or their respective officers and of the Initial Purchasers set forth in or made pursuant to this Agreement will remain in full force and effect,
regardless of any investigation made by or on behalf of the Initial Purchasers or the Company or the Note Guarantors or any of the indemnified persons referred to in Section 8 hereof, and will survive delivery of and payment for the Securities.
The provisions of Sections 7 and 8 hereof shall survive the termination or cancellation of this Agreement. 
 12.
Notices. All communications hereunder will be in writing and effective only on receipt, and, if sent to the Representative, will be mailed, delivered or telefaxed to the Citigroup General Counsel (fax no.: 212-816-7912) and confirmed to
Citigroup Global Markets Inc. at 388 Greenwich Street, New York, New York 10013, Attention: General Counsel; or, if sent to the Company, will be mailed, delivered or telefaxed to +5281-8888-4399 and confirmed to it at CEMEX, S.A.B. de C.V., Av.
Ricardo Margáin, Zozaya #325, Colonia Valle del Campestre, Garza García, Nuevo León, México 66265. Attention: Legal Department. 
 13. Successors. This Agreement will inure to the benefit of and be binding upon the parties hereto and their respective successors and the indemnified persons referred to in Section 8 hereof
and their respective successors, and, except as expressly set forth in Section 5(l) hereof, no other person will have any right or obligation hereunder. 
 14. Jurisdiction. Each of the parties hereto agrees that any suit, action or proceeding arising out of or based upon this Agreement or the transactions contemplated hereby shall be instituted in
any State or U.S. federal court in The City of New York and County of New York or in the courts of its own domicile in respect of actions brought against such party as a defendant, and waives any objection which it may now or hereafter have to the
laying of venue of any such proceeding, and irrevocably submits to the jurisdiction of such courts in any suit, action or proceeding and waives the right to any other jurisdiction that it may be entitled to by reason of its present or future
domicile or other reason. The Company and each of the Note Guarantors hereby appoints Corporate Creations Network Inc., 1040 Avenue of the Americas #2400, New York, NY 10018, U.S.A.; fax: (561) 694-1639; telephone: (212) 382-4699, as its
authorized agent (the “Authorized Agent”) upon whom process may be served in any suit, action or proceeding arising out of or based upon this Agreement or the transactions contemplated herein that may be instituted in any of such courts.
Each of the parties appointing the Authorized Agent as provided herein hereby represents and warrants that the Authorized Agent has accepted such appointment and has agreed to act as said agent for service of process, and the Company agrees to take,
and have each of the Note Guarantors take, any and all action, including the execution and filing of any and all documents that may be necessary to continue such appointment in full force and effect as aforesaid. Service of process upon the
Authorized Agent shall be deemed, in every respect, effective service of process upon each of the Company and the Note Guarantors. 

  
 23 

 15. Integration. This Agreement supersedes all prior agreements and understandings
(whether written or oral) between the Company and the Initial Purchasers, or any of them, with respect to the subject matter hereof. 
 16. Applicable Law. This Agreement will be governed by and construed in accordance with the laws of the State of New York applicable to contracts made and to be performed within the State of New
York. 
 17. Waiver of Jury Trial. Each of the parties hereto hereby irrevocably waives, to the fullest extent permitted
by applicable law, any and all right to trial by jury in any legal proceeding arising out of or relating to this Agreement or the transactions contemplated hereby. 
 18. No Fiduciary Duty. Each of the Company and the Note Guarantors hereby acknowledges that (a) the purchase and sale of the Securities pursuant to this Agreement is an arm’s-length
commercial transaction between the Company and the Note Guarantors, on the one hand, and the Initial Purchasers and any Affiliates through which they may be acting, on the other, (b) the Initial Purchasers are acting as principal and not as an
agent or fiduciary of the Company or the Note Guarantors and (c) each of the Company’s and the Note Guarantors’ engagement of the Initial Purchasers in connection with the offering and the process leading up to the offering is as
independent contractors and not in any other capacity. Furthermore, each of the Company and the Note Guarantors agrees that it is solely responsible for making its own judgments in connection with the offering (irrespective of whether any of the
Initial Purchasers has advised or is currently advising the Company or the Note Guarantors on related or other matters). Each of the Company and the Note Guarantors agrees that it will not claim that the Initial Purchasers have rendered advisory
services of any nature or respect, or owe an agency, fiduciary or similar duty to the Company or the Note Guarantors, in connection with such transaction or the process leading thereto. 

19. Currency. Each reference in this Agreement to U.S. dollars (the “relevant currency”), including by use of the symbol
“U.S.$”, is of the essence. To the fullest extent permitted by law, the obligation of the parties in respect of any amount due under this Agreement will, notwithstanding any payment in any other currency (whether pursuant to a judgment or
otherwise), be discharged only to the extent of the amount in the relevant currency that the party entitled to receive such payment may, in accordance with its normal procedures, purchase with the sum paid in such other currency (after any premium
and costs of exchange) on the Business Day immediately following the day on which such party receives such payment. If the amount in the relevant currency that may be so purchased for any reason falls short of the amount originally due, the
obligated party will pay such additional amounts, in the relevant currency, as may be necessary to compensate for the shortfall. Any obligation of the obligated party not discharged by such payment will, to the fullest extent permitted by applicable
law, be due as a separate and independent obligation and, until discharged as provided herein, will continue in full force and effect. 

  
 24 

 20. Waiver of Immunity. To the extent that the Company or any of the Note Guarantors
has or hereafter may acquire any immunity (sovereign or otherwise) from any legal action, suit or proceeding, from jurisdiction of any court or from set-off or any legal process (whether service or notice, attachment in aid or otherwise) with
respect to itself or any of its property, the Company and each of the Note Guarantors hereby irrevocably waives and agrees not to plead or claim such immunity in respect of its obligations under this Agreement. 

21. Waiver of Tax Confidentiality. Notwithstanding anything herein to the contrary, purchasers of the Securities (and each
employee, representative or other agent of a purchaser) may disclose to any and all persons, without limitation of any kind, the U.S. tax treatment and U.S. tax structure of any transaction contemplated herein and all materials of any kind
(including opinions or other tax analyses) that are provided to the purchasers of the Securities relating to such U.S. tax treatment and U.S tax structure, other than any information for which nondisclosure is reasonably necessary in order to comply
with applicable securities laws. 
 22. Taxes. Each payment of fees or other amounts due to the Initial Purchasers under
this Agreement shall, except as required by applicable law, be made without withholding or deduction for or on account of any taxes imposed by any jurisdiction. If any taxes are required to be withheld or deducted from any such payment, the Company
and the Note Guarantors shall, jointly and severally, pay such additional amounts as may be necessary to ensure that the net amount actually received by the Initial Purchasers after such withholding or deduction is equal to the amount that the
Initial Purchasers would have received had no such withholding or deduction been required. At the reasonable request of the Initial Purchasers, the Company shall provide evidence of payment of taxes when due. 

23. Counterparts. This Agreement may be signed in one or more counterparts, each of which shall constitute an original and all of
which together shall constitute one and the same agreement. 
 24. Headings. The section headings used herein are for
convenience only and shall not affect the construction hereof. 
 25. Definitions. The terms that follow, when used in
this Agreement, shall have the meanings indicated. 
 “Act” shall mean the U.S. Securities Act of 1933, as amended,
and the rules and regulations of the Commission promulgated thereunder. 
 “Affiliate” shall have the meaning
specified in Rule 501(b) of Regulation D. 
 “Business Day” shall mean any day other than a Saturday, a
Sunday or a legal holiday or a day on which banking institutions or trust companies are authorized or obligated by law to close in The City of New York, Mexico City, Madrid or Amsterdam. 

“CEMEX España Euro Notes” shall mean the 4.75% Eurobonds issued by CEMEX Finance Europe B.V. and guaranteed by CEMEX
España. 

  
 25 

 “Code” shall mean the Internal Revenue Code of 1986, as amended. 

“Collateral” shall mean the security created or expressed to be created in favor of the Security Agent pursuant to the
Transaction Security Documents that consists of (i) shares of the following entities: CEMEX México; Centro Distribuidor de Cemento, S.A. de C.V.; Mexcement Holdings, S.A. de C.V.; Corporación Gouda, S.A. de C.V.; New Sunward;
CEMEX Trademarks Holding Ltd and CEMEX España; and (ii) all proceeds thereof. 
 “Commission” shall mean
the Securities and Exchange Commission. 
 “Disclosure Package” shall mean (i) the Preliminary Memorandum, as
amended or supplemented at the Execution Time, (ii) the Final Term Sheet, and (iii) any Issuer Written Information. 

“Exchange Act” shall mean the Securities Exchange Act of 1934, as amended, and the rules and regulations of the Commission
promulgated thereunder. 
 “Execution Time” shall mean 8:15 a.m. (New York time) on July 7, 2011. 

“Financing Agreement” shall mean the Financing Agreement dated August 14, 2009, as amended, between the Company, the
Financial Institutions and Noteholders named therein, as participating creditors, Citibank International PLC, as administrative agent and Wilmington Trust (London) Limited, as security agent. 

“Intercreditor Agreement” shall mean the Intercreditor Agreement dated August 14, 2009, as amended, between Citibank
International PLC, as administrative agent, the participating creditors named therein, the Company and certain of its subsidiaries named therein, as original borrowers, original guarantors and original security providers, Wilmington Trust (London)
Limited, as security agent, and others. 
 “Investment Company Act” shall mean the U.S. Investment Company Act of
1940, as amended, and the rules and regulations of the Commission promulgated thereunder. 
 “Issuer Written
Information” shall mean any writings in addition to the Preliminary Memorandum and the Final Term Sheet that the parties expressly agree in writing to treat as part of the Disclosure Package and which are identified on Schedule V hereto.

 “Mexican FRS” shall mean the Mexican financial reporting standards (Normas de Información Financiera
aplicables en Mexico) as in effect from time to time issued by the Mexican Financial Reporting Standards Board (Consejo Mexicano para la Investigación y Desarrollo de Normas de Información Financiera, A.C.). 

“Regulation D” shall mean Regulation D under the Act. 

“Regulation S” shall mean Regulation S under the Act. 

“Security Agent” shall mean Wilmington Trust (London) Limited, as security agent under the Financing Agreement. 

  
 26 

 “Solvent” shall mean, with respect to any person on any date of determination,
that on such date, the value of the property of such person is greater than the total amount of liabilities, including contingent liabilities, of such person. 
 “Transaction Security Documents” shall mean any document, as amended from time to time, entered by any of the Company or its subsidiaries creating or expressed to create any security over all or
any part of its assets in respect of their obligations under the Financing Agreement or any other document derived therefrom, or in connection therewith. 
 [Signature pages follow] 

  
 27 

 If the foregoing is in accordance with your understanding of our agreement, please sign and
return to us the enclosed duplicate hereof, whereupon this letter and your acceptance shall represent a binding agreement between the Company and the several Initial Purchasers. 

 

					
	Very truly yours,
	
	CEMEX, S.A.B. DE C.V.
		
	By:	 	 /s/ Héctor Vela

		 	Name: Héctor Vela
		 	Title: Attorney-in-Fact
	
	EACH OF THE NOTE GUARANTORS LISTED BELOW
	
	CEMEX MÉXICO, S.A. DE C.V.
		
	By:	 	 /s/ José González

		 	Name: José González
		 	Title: Attorney-in-Fact
	
	NEW SUNWARD HOLDING B.V.
		
	By:	 	 /s/ José González

		 	Name: José González
		 	Title: Attorney-in-Fact
	
	CEMEX ESPAÑA, S.A.
		
	By:	 	 /s/ Héctor Vela

		 	Name: Héctor Vela
		 	Title: Attorney-in-Fact

 Signature page to 
 Purchase Agreement 

					
	The foregoing Agreement is hereby confirmed and accepted as of the date first above written.
	
	CITIGROUP GLOBAL MARKETS INC.
		
	By:	 	 /s/ Michael C. Gilfond

		 	Name:	 	Michael C. Gilfond
		 	Title:	 	Managing Director
		 		 	Latin American Credit Markets
	
	For itself and the other several Initial Purchasers named in Schedule I to the foregoing Agreement.

 Signature page to 
 Purchase Agreement 

 SCHEDULE I 

 

					
	 Initial Purchasers
	  	Principal Amount of
Securities to be
Purchased	 
		
	 Citigroup Global Markets Inc.
	  	U.S.$	536,250,000	  
	 Banco Bilbao Vizcaya Argentaria, S.A
	  	U.S.$	22,750,000	  
	 Barclays Capital Inc
	  	U.S.$	22,750,000	  
	 BNP Paribas Securities Corp.
	  	U.S.$	22,750,000	  
	 ING Financial Markets LLC
	  	U.S.$	22,750,000	  
	 Santander Investment Securities Inc.
	  	U.S.$	22,750,000	  
		  	  
	  
	 
		
	 Total
	  	U.S.$	650,000,000	  

 SCHEDULE II 
 Pricing Term Sheet 

 Pricing Term Sheet 

July 6, 2011 
 CEMEX, S.A.B. de C.V. 
 U.S.$650,000,000 Reopening of the 9.000% Senior
Secured Notes due 2018 (the “Notes”) 
  

			
		
	Issuer	  	CEMEX, S.A.B. de C.V.
		
	Security description	  	Reopening of the 9.000% Senior Secured Notes due 2018.
		
	Note Guarantors	  	CEMEX México, S.A. de C.V., New Sunward Holding B.V. and CEMEX España, S.A.
		
	Security	  	First-priority security interest over (i) substantially all the shares of CEMEX México, S.A. de C.V., Centro Distribuidor de Cemento, S.A. de C.V., Mexcement Holdings, S.A.
de C.V., Corporación Gouda, S.A. de C.V., CEMEX Trademarks Holding Ltd., New Sunward Holding B.V. and CEMEX España, S.A., or together, the Collateral, and (ii) all proceeds of such Collateral. Holders will not be entitled to direct the
foreclosure on, or foreclose on, the Collateral. The Notes will cease to be secured in accordance with the provisions of the Intercreditor Agreement.
		
	Further Issue/Fungibility	  	These notes will be issued as additional notes and will constitute part of the same series as, vote together as a single class with, and be fungible with, the U.S.$1,000,000,000
9.000% Senior Secured Notes due 2018 originally issued on January 11, 2011.
		
	Format	  	144A Notes / Regulation S Notes.
		
	Sole Bookrunner	  	Citigroup Global Markets, Inc.
		
	Co-Managers	  	Banco Bilbao Vizcaya Argentaria, S.A.
		  	Barclays Capital Inc.
		  	BNP Paribas Securities Corp.
		  	ING Financial Markets LLC
		  	Santander Investment Securities Inc.
		
	Identifiers (144 A Notes)	  	CUSIP: 151290AW3
		  	ISIN: US151290AW36
		
	Identifiers (Reg S Notes)	  	Temporary CUSIP: P2253T HZ5
		  	Temporary ISIN: USP2253THZ59
		  	CUSIP: P2253THR3
		  	ISIN: USP2253THR34
		
	Issue amount	  	U.S.$650,000,000
		
	Settlement date	  	July 11, 2011.
		
	Final maturity	  	January 11, 2018.

			
	Interest payment	  	January 11 and July 11, beginning on January 11, 2012.
		
	Day count convention	  	360-day year consisting of twelve 30-day months.
		
	Coupon	  	9.000%
		
	Issue price	  	97.616% of principal amount, plus accrued interest, if any, from July 11, 2011.
		
	Issue yield to maturity	  	9.500%
		
	Optional Redemption	  	 •      Make-whole call prior to January 11, 2015, at greater of (1) 100% of
principal amount of the Notes, and (2) the sum of the present value of each remaining scheduled payment of principal and interest thereon (exclusive of interest accrued to the date of redemption) discounted to the redemption date on a semi-annual
basis (assuming a 360-day year consisting of twelve 30- day months) at the Treasury Rate plus 50 basis points, plus, in each case, any accrued and unpaid interest to the date of redemption.

		
		  	 •      On or after January 11, 2015, in whole at any time or in part from time to
time, at the redemption prices listed below, expressed as percentages of the principal amount thereof, if redeemed during the twelve-month period commencing on January 11 of any year set forth below, plus any accrued and unpaid interest to the date
of redemption.

  

			
	2015	  	104.50%
	2016	  	102.25%
	2017 and thereafter	  	100.00%

  

			
		  	 •      On or prior to January 11, 2014, redemption of up to 35% of the aggregate
principal amount of the Notes at 109.000% of principal amount of the Notes plus any accrued and unpaid interest to the date of redemption, with proceeds from equity offerings.

		
		  	 •      In the event of certain changes in the withholding tax treatment relating to
payments on the Notes, at 100% of their principal amount, plus any accrued and unpaid interest to the date of redemption.

		
		  	The Issuer shall not have the right to exercise any optional redemption at any time when the Issuer is prohibited from exercising such an option under the Financing
Agreement.
		
	Use of Proceeds	  	The estimated net proceeds from the offering of the Notes, after deducting the Initial Purchasers’ fees and commissions and the estimated expenses, will be approximately
U.S.$627 million. The Issuer intends to use the proceeds from the offering for general corporate purposes, which may include the repayment

			
	 	  	of indebtedness, including indebtedness under the Financing Agreement, all in accordance
with the Financing Agreement. The Issuer’s total secured indebtedness will
increase by
approximately U.S.$650 million as a result of cash proceeds from the offering being retained
for general corporate purposes, without giving effect to any pending repayment of secured
indebtedness.
		
	Denominations	  	The Notes will initially be issued only in denominations of U.S.$150,000 and integral multiples of U.S.$1,000 in excess thereof.
		
	Governing law	  	New York
		
	Intended Listing	  	Global Exchange Market of the Irish Stock Exchange
		
	Clearing	  	The Depositary Trust Company, Euroclear and Clearstream

 Financial Information 
 As of March 31, 2011, after giving pro forma effect to (i) the issuance of the Floating Rate Senior Secured Notes due 2015 issued by CEMEX, or the April 2011 Notes, and the application of
net proceeds therefrom and (ii) the issuance of the Notes in this offering, but without giving effect to the application of proceeds from this offering, we had total obligations of Ps181.1 billion (U.S.$15.2 billion) outstanding secured by a
first-priority security interest over the Collateral, consisting of obligations of approximately Ps90.2 billion (U.S.$ 7.6 billion) outstanding under the Financing Agreement, approximately Ps14.0 billion (U.S.$ 1.2 billion) outstanding under our
perpetual debentures, approximately Ps72.0 billion (U.S.$ 6.0 billion) outstanding under the existing senior notes and the Notes, and approximately Ps4.9 billion (U.S.$0.4 billion) outstanding under our long-term CBs. 

Capitalization 
 The
following table sets forth our consolidated indebtedness and capitalization as of March 31, 2011 (1) on an actual basis; (2) as adjusted to give effect to the issuance of the April 2011 Notes and the application of net proceeds therefrom;
and (3) as further adjusted to give effect to the issuance and sale in this offering of U.S.$650,000,000 aggregate principal amount of the Notes, without giving effect to the application of the estimated net proceeds as described under “Use of
Proceeds.” 
 The financial information set forth below is based on information derived from our unaudited financial
statements, which have been prepared in accordance with MFRS, which differ in significant respects from U.S. GAAP. For further information about our financial presentation, see “Selected Consolidated Financial Information” in the January
2011 Offering Memorandum. 

													
	 	  	As of March 31, 2011	 
	 	  	Actual	 	  	As adjusted(1)	 	  	As further adjusted	 
	 	  	 	 	  	(in millions of Pesos)	 	  	 	 
	 Short-term debt(2)
	  				  				  			
	 Secured
	  				  				  			
	 Banobras(3)
	  	Ps	 36	  	  	Ps	 36	  	  	Ps	 36	  
	 Other secured(4)
	  	 	308	  	  	 	308	  	  	 	308	  
	 Unsecured
	  				  				  			
	 Other unsecured
	  	 	475	  	  	 	475	  	  	 	475	  
		  	  
	  
	 	  	  
	  
	 	  	  
	  
	 
				
	 Total short-term debt
	  	 	819	  	  	 	819	  	  	 	819	  
		  	  
	  
	 	  	  
	  
	 	  	  
	  
	 
				
	 Long-term debt
	  				  				  			
	 Secured by the Collateral
	  				  				  			
	 Financing Agreement
	  	 	99,556	  	  	 	90,171	  	  	 	90,171	  
	 CBs(5)
	  	 	4,635	  	  	 	4,635	  	  	 	4,635	  
	 Existing Senior Secured Notes(6)
	  	 	54,690	  	  	 	64,115	  	  	 	64,115	  
	 The Notes(7)
	  	 	—  	  	  	 	—  	  	  	 	7,551	  
	 Other secured
	  				  				  			
	 Banobras
	  	 	169	  	  	 	169	  	  	 	169	  
	 Bancomext
	  	 	1,903	  	  	 	1,903	  	  	 	1,903	  
	 Unsecured
	  				  				  			
	 CEMEX España Euro Notes(8)
	  	 	15,168	  	  	 	15,168	  	  	 	15,168	  
	 Other unsecured
	  	 	2,712	  	  	 	2,712	  	  	 	2,712	  
	 2010 Optional Convertible
	  	 	7,510	  	  	 	7,510	  	  	 	7,510	  
	 Subordinated Notes(9)
	  				  				  			
	 2011 Optional Convertible
	  	 	15,836	  	  	 	15,836	  	  	 	15,836	  
	 Subordinated Notes(10)
	  				  				  			
	 Total long-term debt
	  	 	202,179	  	  	 	202,219	  	  	 	209,770	  
		  	  
	  
	 	  	  
	  
	 	  	  
	  
	 
				
	 Total debt
	  	 	202,998	  	  	 	203,038	  	  	 	210,589	  
		  	  
	  
	 	  	  
	  
	 	  	  
	  
	 
				
	 Liability component of Mandatory Convertible Notes(11)
	  	 	1,967	  	  	 	1,967	  	  	 	1,967	  
		  	  
	  
	 	  	  
	  
	 	  	  
	  
	 
				
	 Stockholders’ equity
	  				  				  			
	 Non-controlling interest
	  				  				  			
	 Perpetual debentures(12)
	  	 	13,953	  	  	 	13,953	  	  	 	13,953	  
	 Other
	  	 	3,169	  	  	 	3,169	  	  	 	3,169	  
	 Controlling interest(9)(10)(11)
	  	 	189,831	  	  	 	189,831	  	  	 	189,831	  
	 Total stockholders’ equity
	  	 	206,953	  	  	 	206,953	  	  	 	206,953	  
		  	  
	  
	 	  	  
	  
	 	  	  
	  
	 
				
	 Total capitalization(13)
	  	Ps 	411,918	  	  	Ps	 411,958	  	  	Ps	 419,509	  
		  	  
	  
	 	  	  
	  
	 	  	  
	  
	 

  

	(1)	Reflects the issuance of U.S.$800 million aggregate principal amount of the April 2011 Notes and the application of net proceeds therefrom. 

	(2)	Includes current portion of long-term debt. 

	(3)	Represent obligations with Mexican development banks, which are secured by fixed assets. 

	(4)	Represent long-term CBs with maturities during 2011, for which U.S.$26 million of cash has been reserved. 

	(5)	Represent CBs maturing in 2012 and thereafter. 

	(6)	Includes (i) U.S.$1,250,000,000 aggregate principal amount of 9.50% Senior Secured Notes due 2016 and €350,000,000 aggregate principal amount of 9.625% Senior
Secured Notes due 2017 issued by CEMEX Finance LLC on December 14, 2009 and U.S.$500,000,000 additional aggregate principal amount of 9.50% Senior Secured Notes due 2016 issued by CEMEX Finance LLC on January 19, 2010, or together, the
December 2009 Notes, (ii) U.S.$1,067,665,000 aggregate principal amount of 9.25% Senior Secured Notes due 2020 and €115,346,000 aggregate principal amount of 8.875% Senior Secured Notes due 2017 issued by CEMEX España, acting
through its Luxembourg branch, on May 12, 2010, or together, the May 2010 Notes, (iii) U.S.$1,000,000,000 aggregate principal amount of 9.000% Senior Secured Notes due 2018 issued by CEMEX on January 11, 2011, or the January 2011
Notes, and (iv) U.S.$125,331,000 additional aggregate principal amount of 9.25% Senior Secured Notes due 2020 issued by CEMEX España, acting through its Luxembourg branch, on March 4, 2011, or the Additional 2020 Notes.

	(7)	Reflects the liability represented by the U.S.$650 million aggregate principal amount of the Notes, after deducting the U.S.$15 million of original issue discount,
which will be expensed over the life of the Notes in accordance with MFRS. 

	(8)	Represents the €900,000,000 4.75% Eurobonds issued by CEMEX Finance Europe B.V., a special purpose vehicle and wholly-owned subsidiary of CEMEX España, and
solely guaranteed by CEMEX España, or the CEMEX España Euro Notes. 

	(9)	Under MFRS C-12, the 2010 Optional Convertible Subordinated Notes represent a compound instrument, which has a liability component and an equity component. The
liability component amounted to U.S.$631 million as of March 31, 2011 and U.S.$614 million at issuance. The equity component, which represents a premium over the option of the noteholders to convert into equity, was recognized net of
commissions, within “Other equity reserves” and amounted to U.S.$93 million at issuance (see note 12A and 16B to our audited consolidated financial statements included in our 2010 Annual Report, which is incorporated by reference in this
offering memorandum). If the conversion option is exercised, this amount will be reclassified as additional paid-in capital. In our U.S. GAAP reconciliation of our 2010 financial statements, we recognized a new reconciliation item with respect to
the 2010 Optional Convertible Subordinated Notes in which we recorded, under U.S. GAAP, the entire principal amount as debt until conversion. 

	(10)	Under MFRS C-12, the 2011 Optional Convertible Subordinated Notes represent a compound instrument, which has a liability component and an equity component. The
liability component amounted to U.S.$1,331 million as of March 31, 2011, and at issuance. The equity component, which represents a premium over the option of the noteholders to convert into equity, was recognized net of commissions, within
“Other equity reserves” and amounted to U.S.$331 million at issuance (see note 12A to our unaudited condensed consolidated financial statements for the three months ended March 31, 2010 and 2011 incorporated by reference in this
offering memorandum). If the conversion option is exercised, this amount will be reclassified as additional paid-in capital. Although we have not completed our U.S. GAAP reconciliation of our 2011 financial statements, we currently anticipate that
there will be a new reconciliation item in our U.S. GAAP reconciliation of our 2011 financial statements in respect of the 2011 Optional Convertible Subordinated Notes, the entire principal amount of which we expect will be recorded as debt until
conversion under U.S. GAAP. We cannot assure you that we will not identify additional reconciliation items or that this reconciliation item will be reflected therein in accordance with our current expectations. 

	(11)	Under MFRS, the Mandatory Convertible Securities issued in Mexico on December 10, 2009 in exchange for CBs represent a combined instrument with liability and
equity components. The liability component, approximately Ps1,967 million (U.S.$165 million) as of March 31, 2011, corresponds to the net present value of interest payments due under the Mandatory Convertible Securities, assuming no early
conversion, and was recognized under “Other Financial Obligations” in our balance sheet. The equity component represents the difference between principal amount and the liability component, and was recognized within “Other equity
reserves” net of commissions in our balance sheet. See notes 12A and 16B to our audited consolidated financial statements included in our 2010 Annual Report, which is incorporated by reference in this offering memorandum.

	(12)	Issued by special purpose vehicles. In accordance with MFRS, these securities are accounted for as equity due to the fact that they do not have a specified maturity
date and our option to defer payment of interest. However, for purposes of our U.S. GAAP reconciliation, we record these debentures as debt and interest payments thereon as part of financial expenses in our consolidated income statement.

	(13)	As used in this table, total capitalization equals short- and long-term debt plus the Mandatory Convertible Notes plus the Notes and plus total stockholders’
equity. 

 * * * 
 

This communication is intended for the sole use of the person to whom it is provided by the sender. 

This notice shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of the notes in any state or
jurisdiction in which such offer, solicitation or sale would be unlawful. The notes will be offered to qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended, and to non-U.S. persons in offshore
transactions outside the United States in accordance with Regulation S thereunder. The notes have not been registered under the Securities Act or any state securities laws, and may not be offered or sold in the United States or to U.S. persons
absent registration or an applicable exemption from the registration requirements. 
 The information in this term sheet supplements the
Company’s preliminary supplement to offering memorandum, dated July 6, 2011 (the “Preliminary Memorandum”), and supersedes the information in 

 
the Preliminary Memorandum to the extent inconsistent with the information in the Preliminary Memorandum. This term sheet is qualified in its entirety by reference to the Preliminary Memorandum.
Terms used herein but not defined herein shall have the respective meanings as set forth in the Preliminary Memorandum. 
 ANY DISCLAIMERS OR
OTHER NOTICES THAT MAY APPEAR BELOW ARE NOT APPLICABLE TO THIS COMMUNICATION AND SHOULD BE DISREGARDED. SUCH DISCLAIMERS OR OTHER NOTICES WERE AUTOMATICALLY GENERATED AS A RESULT OF THIS COMMUNICATION BEING SENT VIA BLOOMBERG OR ANOTHER EMAIL
SYSTEM. 

 SCHEDULE III 
 Officer’s Certificate 

[            ], 2011 

I, [                    ], solely in
my capacity as [                    ] of
[                    ], a [                    ]
organized under the laws of [                    ] (the “Company”), and not in an individual capacity, hereby certify as follows on behalf
of the Company pursuant to Section 6(h) of the Purchase Agreement, dated as of [            ], 2011, executed in connection with the offering by [the Company][CEMEX, S.A.B. de C.V.] of
U.S.$[        ] aggregate principal amount of its [    ]% Senior Secured Notes due 20[    ] (the “Purchase Agreement”). Capitalized terms used but not defined
herein have the meaning assigned to them in the Purchase Agreement: 
 1. I have carefully examined the
Disclosure Package, the Final Memorandum and any supplements or amendments thereto, and the Purchase Agreement; 

2. To the best of my knowledge, the representations and warranties of the Company in the Purchase Agreement are true and
correct on and as of the Closing Date with the same effect as if made on the Closing Date, and the Company has complied with all the agreements and satisfied all the conditions on its part to be performed or satisfied hereunder at or prior to the
Closing Date; and 
 3. [To be included only in CEMEX, S.A.B. de C.V.’s officer’s certificate:
To the best of my knowledge, since the date of the most recent financial statements included or incorporated by reference in the Disclosure Package and the Final Memorandum (exclusive of any amendment or supplement thereto), there has been no
material adverse change in the condition (financial or otherwise), prospects, earnings, business or properties of the Company and its subsidiaries, taken as a whole, whether or not arising from transactions in the ordinary course of business, except
as set forth in or contemplated in the Disclosure Package and the Final Memorandum (exclusive of any amendment or supplement thereto).] 

 SCHEDULE IV 
 Form of Comfort Letter by KPMG Cárdenas Dosal, S.C. 

 SCHEDULE V 

 

	1.	Issuer Written Information (included in the Disclosure Package) 

 None. 
  

	2.	Other Information Included in the Disclosure Package 

 (a) The following information is also included in the General Disclosure Package: 

None.Dealer Manager Agreement

 Exhibit 4.55 
 EXECUTION VERSION 
 DEALER MANAGER AGREEMENT 

February 27, 2012 
 J.P. Morgan Securities LLC 
 383 Madison Avenue 

New York, New York 10179 
 J.P. Morgan
Securities Ltd. 
 125 London Wall 

London EC2Y 5AJ 
 Merrill Lynch, Pierce,
Fenner & Smith 
     Incorporated 
 1 Bryant Park 
 New York, New York 10036 
 Merrill Lynch International 
 2 King Edward Street 

London EC1A 1HQ 
 Ladies and Gentlemen:

 This dealer manager agreement (this “Agreement”) will confirm the understanding among CEMEX, S.A.B. de C.V.,
a public stock corporation with variable capital (sociedad anónima bursátil de capital variable) organized under the laws of Mexico (“CEMEX”), CEMEX México, S.A. de C.V., a corporation with variable
capital (sociedad anónima de capital variable) organized under the laws of Mexico (“CEMEX México”), New Sunward Holding B.V., a private company with limited liability formed under the laws of the Netherlands
(“New Sunward Holding”), CEMEX España, S.A., Luxembourg Branch, a Luxembourg branch of CEMEX España, S.A., a corporation (sociedad anónima) organized under the laws of Spain (“CEMEX
España”), created by virtue of the resolution of the Board of Directors of CEMEX España dated March 12, 2010 and formalized in a public deed granted before the Notary Public of Madrid Mr. Rafael Monjo Carrió
on March 16, 2010 numbered 502 of his official files (“CEMEX España, Luxembourg Branch”), CEMEX Finance Europe B.V., a private company with limited liability formed under the laws of the Netherlands (“CEMEX
Finance”), New Sunward Holding Financial Ventures, B.V., a private company with limited liability formed under the laws of the Netherlands (“New Sunward” and, together with CEMEX, CEMEX Mexico, New Sunward Holding, CEMEX
España, CEMEX España, Luxembourg Branch and CEMEX Finance, the “CEMEX Parties”), C5 Capital (SPV) Limited, a restricted purpose company incorporated with limited liability and domiciled in the British Virgin Islands
(“C5 Capital”), C8 Capital (SPV) Limited, a restricted purpose company incorporated with limited liability and domiciled in the British Virgin Islands (“C8 Capital”), C10 Capital (SPV) Limited, a restricted purpose
company 

 
incorporated with limited liability and domiciled in the British Virgin Islands (“C10 Capital”) and C10-EUR Capital (SPV) Limited, a restricted purpose company incorporated with
limited liability and domiciled in the British Virgin Islands (“C10-EUR Capital” and, together with C5 Capital, C8 Capital and C10 Capital, the “Capital SPVs”), J.P. Morgan Securities LLC (“JPMS”)
and Merrill Lynch, Pierce, Fenner & Smith Incorporated (“MLPF&S”) (with respect to the Offers (as defined below) insofar as they are made in the United States), and J.P. Morgan Securities Ltd. (“JPMSL”)
and Merrill Lynch International (“MLI”) (with respect to the Offers insofar as they are made in the European Union), pursuant to which the CEMEX Parties have retained JPMS, JPMSL, MLPF&S and MLI to act as dealer managers (in
such capacity, each a “Dealer Manager” and together, the “Dealer Managers”), on the terms and subject to the conditions set forth herein, in connection with the proposed (A) offers to exchange new 9.875%
U.S. Dollar-denominated Senior Secured Notes due 2019 (the “New Dollar Senior Secured Notes”) issued by CEMEX España, Luxembourg Branch, for any and all of the outstanding (i) U.S. Dollar-denominated 6.196%
Fixed-to-Floating Rate Callable Perpetual Debentures (the “6.196% Debentures”) issued by C5 Capital (the “USD 6.196% Exchange Offer”), (ii) U.S. Dollar-denominated 6.640% Fixed-to-Floating Rate Callable
Perpetual Debentures (the “6.640% Debentures”) issued by C8 Capital (the “USD 6.640% Exchange Offer”) and (iii) U.S. Dollar-denominated 6.722% Fixed-to-Floating Rate Callable Perpetual Debentures (the
“6.722% Debentures,” and together with 6.196% Debentures and the 6.640% Debentures, the “Existing Dollar Debentures”) issued by C10 Capital (the “USD 6.722% Exchange Offer”), (B) offer to
exchange New Dollar Senior Secured Notes, or at the option of the Holder (as defined below), new 9.875% Euro-denominated Senior Secured Notes due 2019 (the “New Euro Senior Secured Notes”, and together with the New Dollar Senior
Secured Notes, the “New Senior Secured Notes”), issued by CEMEX España, Luxembourg Branch, for any and all of the outstanding Euro-Denominated 6.277% Fixed-to-Floating Rate Callable Perpetual Debentures(the “Existing
Euro Debentures,” and together with the Existing Dollar Debentures, the “Debentures”) issued by C10-EUR Capital (the “6.277% Exchange Offer,” and together with the USD 6.196% Exchange Offer, USD 6.640%
Exchange Offer and USD 6.722% Exchange Offer, the “Perpetual Exchange Offers”) and (C) New Dollar Senior Secured Notes, or at the option of the Holder, New Euro Senior Secured Notes, for any and all of the outstanding
Euro-Denominated 4.75% Notes due 2014 (the “Eurobonds”) issued by CEMEX Finance and guaranteed by CEMEX España (the “Eurobond Exchange Offer,” and together with the Perpetual Exchange Offers, the
“Offers”), to be issued pursuant to the terms of an indenture (the “Indenture”), to be dated the Exchange Date (as defined below) and entered into among CEMEX España, Luxembourg Branch, the Guarantors (as
defined below) and The Bank of New York Mellon, as trustee (the “Trustee”). 
 The New Senior Secured Notes
will be secured in accordance with the terms of the Intercreditor Agreement (as defined below) and each applicable security document thereunder, by a first priority security interest in the Collateral. As set forth in the Intercreditor Agreement and
the related security documents, the “Collateral” consists of (i) substantially all shares of the following entities: CEMEX México; Centro Distribuidor de Cemento, S.A. de C.V.; Mexcement Holdings, S.A. de C.V.;
Corporación Gouda, S.A. de C.V.; New Sunward Holding; CEMEX Trademarks Holding Ltd; and CEMEX España, and (ii) all proceeds of such Collateral. 
 The New Senior Secured Notes will be guaranteed (the “Guarantees”) on the Exchange Date by CEMEX, CEMEX Mexico and New Sunward Holding (together, the “Guarantors”).

  
 2 

 On the Exchange Date, (A) (i) each of the Capital SPVs shall (1) deliver or
cause to be delivered all validly tendered and accepted Debentures in the Perpetual Exchange Offers to The Bank of New York Mellon, as trustee (the “Debenture Trustee”) under the indentures governing the Debentures (the
“Debenture Indentures”), for cancellation and (2) deliver or cause to be delivered to New Sunward the aggregate principal amount of each of the 6.196% Callable Perpetual Dual-Currency Notes, 6.640% Callable Perpetual
Dual-Currency Notes, 6.722% Callable Perpetual Dual-Currency Notes, and 6.277% Callable Perpetual Dual-Currency Notes equal to the aggregate principal amount of the corresponding Debentures validly tendered and accepted in the Offers and delivered
to the Debenture Trustee for cancellation (collectively, the “Existing DCNs”) and (ii) simultaneously with the actions described in clause (i), New Sunward, following instructions, shall deliver or cause to be delivered all
such Existing DCNs to The Bank of New York Mellon, as trustee (the “DCN Trustee”) under each indenture governing the DCNs (the “DCN Indentures”), for cancellation; and (B) CEMEX Finance shall deliver or cause
to be delivered all validly tendered and accepted Eurobonds in the Eurobond Exchange Offer to Citibank, N.A., as paying agent, under the trust deed governing the Eurobonds, dated March 5, 2007, between CEMEX Finance, CEMEX España and The
Law Debenture Trust Corporation p.l.c., as trustee (the “Trust Deed”), for cancellation. 
 The Offers
described above with respect to: (i) the Perpetual Exchange Offers will be made on the terms and subject to the conditions set forth in the offering memorandum relating to the Perpetuals Exchange Offers (including the annexes attached thereto
and the documents incorporated by reference therein, the “Perpetual Exchange Offering Memorandum”) relating to the Perpetual Exchange Offers and the Letter of Transmittal (the “Perpetual Exchange Letter of
Transmittal”), where applicable, which together constitute the “Perpetual Exchange Offering Documents,” and (ii) the Eurobond Exchange Offer will be made on the terms and subject to the conditions set forth in the
offering memorandum relating to the Eurobonds Exchange Offer (including the annexes attached thereto and the documents incorporated by reference therein, the “Eurobond Exchange Offering Memorandum” and, together with the Perpetual
Exchange Offering Memorandum, the “Offering Memoranda”) relating to the 2014 Euro Notes Exchange Offer, which constitutes the “Eurobond Exchange Offering Documents” and, together with the Perpetual Exchange Offering
Documents, the “Offering Documents.” The CEMEX Parties have caused a complete and correct copy of the Offering Documents to be prepared and furnished to you on or prior to the date of the commencement of the Offers (the
“Commencement Date”) for use in connection with the Offers. The date on which the New Senior Secured Notes are issued shall be referred to herein as the “Exchange Date.” All references to “Holders”
refer to holders of the Debentures or Eurobonds, as applicable, who represent that they meet the eligibility criteria set forth in the Offering Documents and are otherwise eligible to participate in the Offers. 

This Agreement, the New Senior Secured Notes (and the Guarantees thereof), the Indenture (including any supplemental indentures thereto
under which the New Senior Secured Notes are issued), the Security Documents (as defined below) and the Exchange and Information Agent Agreements shall be referred to collectively as the “Transaction Documents.” 

1. Engagement. 
 (a) (i) The CEMEX Parties hereby retain JPMS and MLPF&S, and subject to the terms and conditions hereof, JPMS and MLPF&S agree to act, as dealer managers and

  
 3 

 
bookrunners for the CEMEX Parties in connection with the Offers insofar as they are made in the United States, and, on the basis of the representations, warranties and agreements contained
herein, JPMS and MLPF&S hereby accept such engagement upon the terms and subject to the conditions set forth in this Agreement; and (ii) the CEMEX Parties hereby retain JPMSL and MLI, and subject to the terms and conditions hereof, JPMSL
and MLI agree to act as dealer managers and bookrunners for the CEMEX Parties in connection with the Offers insofar as they are made in the European Union, and, on the basis of the representations, warranties and agreements contained herein, JPMSL
and MLI hereby accept such engagement upon the terms and subject to the conditions set forth in this Agreement. 
 (b) As Dealer
Managers, you agree, in accordance with your firm’s customary practice, to perform those services in connection with the Offers as are customarily performed by investment banks in connection with exchange offers of like nature, including,
without limitation, using reasonable best efforts to solicit tenders of Debentures and Eurobonds in exchange for New Senior Secured Notes pursuant to the Offers and communicating generally regarding the Offers with brokers, dealers, commercial
banks, trust companies and nominees and other Holders of the Debentures and Eurobonds in or outside the United States. 
 (c)
The CEMEX Parties authorize you to communicate with Global Bondholders Services Corporation and Lucid Issuer Services Limited, each of whom has been engaged to serve as exchange agents (together, the “Exchange Agents”), and
information agents (together, the “Information Agents”), with respect to matters relating to the Offers, as applicable. The CEMEX Parties have instructed or will instruct the Exchange Agents to advise you at least daily as to such
matters relating to the Offers as any of you may request, and to furnish the CEMEX Parties and each of you with any written reports concerning any such information as either of the CEMEX Parties or any of you may reasonably request. In addition, the
CEMEX Parties hereby authorize each of the Dealer Managers to communicate with the Information Agents with respect to matters relating to the Offers. The CEMEX Parties shall request that the applicable Book-entry Transfer Facilities (as defined
below) provide any of the Dealer Managers with copies of the records or other lists showing the names and addresses of, and principal amounts of Debentures and Eurobonds held by, the Holders of such Debentures and Eurobonds as of a recent date and
shall, from and after such date, request such Book-entry Transfer Facility to advise each of the Dealer Managers from day to day during the pendency of the Offers of all transfers of such Debentures and Eurobonds, such notification consisting of the
names and addresses of the transferor and transferee of any Debentures and Eurobonds and the date of such transfer. On or prior to the Commencement Date, the CEMEX Parties will have made appropriate arrangements, to the extent applicable, with the
applicable Book-entry Transfer Facilities and the Exchange Agents to allow for the book-entry movement of the tendered Debentures and Eurobonds between the Exchange Agents and the applicable Book-entry Transfer Facilities (and its participants)
during the Offers. The Dealer Managers agree to use such information only in connection with the Offers and not to furnish such information to any persons except in connection with the Offers. 

(d) The Offering Documents have been or will be prepared and approved by, and are the sole responsibility of, the CEMEX Parties. The
CEMEX Parties will furnish you, at their expense, with as many copies as you may reasonably request of the Offering Documents and you are authorized to use copies of the Offering Documents in connection with the

  
 4 

 
performance of your duties hereunder. The CEMEX Parties agree that, a reasonable time prior to using or filing with the U.S. Securities and Exchange Commission (the
“Commission”), or any other non-U.S. governmental or regulatory agency, authority or instrumentality or court or arbitrator, or any other U.S. federal, state or local governmental or regulatory agency, authority or instrumentality
or court or arbitrator, including, but not limited to, the Irish Stock Exchange (the “ISA”) (collectively, “Other Agency”), or sending to any Holder of Debentures or Eurobonds, any Offering Documents or any
amendments or supplements thereto, they will submit copies of such materials to you and will give reasonable consideration to your and your counsel’s comments, if any, thereon, and will not use, permit the use of or file such materials with the
Commission or any Other Agency to which you reasonably object. In the event that any of the CEMEX Parties uses or permits the use of, or files with the Commission or any Other Agency, any Offering Documents or material amendments or supplements
thereto (i) which have not been submitted to you for your comments, or (ii) which have been so submitted and with respect to which you reasonably object prior to any such use or filing by any of the CEMEX Parties, then each of you shall be
entitled to withdraw as Dealer Manager in connection with the Offers without any liability or penalty to any of you or any other Indemnified Person (as defined in Annex A hereof) and without loss of any right to the payment of all reasonable and
documented fees and expenses payable hereunder which have accrued or been incurred to the date of such withdrawal, it being understood that the fees agreed to by the parties pursuant to Section 2 hereof are only payable upon successful
consummation of the Offers. 
 (e) The CEMEX Parties will cause (i) copies of the Perpetual Exchange Offering Documents to
be mailed or otherwise delivered or made available to each Holder of the Debentures as soon as reasonably practicable after the date of the Perpetual Exchange Offering Memorandum, and thereafter, to the extent reasonably practicable and until the
expiration of the Perpetual Exchange Offers (the “Perpetual Exchange Expiration Date”), to each person who becomes a Holder of the Debentures, and (ii) copies of the Eurobond Exchange Offering Documents to be mailed or
otherwise delivered or made available to each Holder of Eurobonds as soon as reasonably practicable after the date of the Eurobond Exchange Offering Memorandum, and thereafter, to the extent reasonably practicable and until the expiration of the
Eurobond Exchange Offer (the “Eurobond Exchange Expiration Date” and, together with the Perpetual Exchange Expiration Date, the “Expiration Date”), to each person who becomes a Holder of the Eurobonds. The CEMEX
Parties shall ensure that the distribution and delivery of each of the Eurobond Exchange Offering Documents and the Perpetual Exchange Offering Documents shall comply with (i) any applicable provision of the Financial Services and Markets Act
2000 (the “FSMA”) including, but not limited to, Section 21 of the FSMA (in conjunction with any applicable exemptions thereto), and (ii) legislation of any country restricting or otherwise legislating for the delivery of
such documentation to potential recipients. 
 (f) Except as otherwise required by the Commission, Other Agency, by law, rule or
regulation, the CEMEX Parties will not make, prepare, use, authorize, approve, refer to or publish, in each case, any material in connection with the Offers, other than the Offering Documents and any Additional Material (as defined below), or refer
to any Dealer Manager in any such material, without the prior written approval of such Dealer Manager (which shall not be unreasonably withheld). Each Dealer Manager agrees that it will not use, authorize, approve, refer to or publish, in each case,
any material in connection with the Offers, other than the statements that are set forth in, or derived from and consistent with, the Offering Documents and 

  
 5 

 
any Additional Material without the prior written consent of the CEMEX Parties (which shall not be unreasonably withheld). The CEMEX Parties authorize each of the Dealer Managers, in accordance
with their customary practices and consistent with industry practice, to communicate generally regarding the Offers with the Holders and their authorized agents in connection with the Offers and in accordance with this Agreement (including
Section 5 hereof). The CEMEX Parties authorize each of the Dealer Managers to use the Offering Documents and any Additional Material in connection with the Offers and for such period of time as any such materials are required by law to be
delivered in connection therewith and in accordance with this Agreement (including Section 5 hereof). The Dealer Managers shall not have any obligation to cause any Offering Documents or any Additional Material to be transmitted generally to
the Holders of Debentures or Eurobonds. 
 (g) The CEMEX Parties will advise you promptly, after they receive notice, or
otherwise become aware, of (i) the occurrence of any event that could reasonably be expected to cause the CEMEX Parties to withdraw, rescind or terminate any of the Offers or would permit the CEMEX Parties to exercise any right not to exchange
Debentures or Eurobonds tendered pursuant to any of the Offers for New Senior Secured Notes, (ii) the occurrence of any event, or the discovery of any fact, the occurrence or existence of which would require the making of any change in any of
the Offering Documents then being used or would cause any representation or warranty contained in this Agreement to be untrue or inaccurate in any material respect or as a result of which the Offering Documents as then supplemented would include any
untrue statement of a material fact or omit to state any material fact necessary to make the statements therein in the light of the circumstances under which they were made not misleading, (iii) any proposal by any of the CEMEX Parties or any
of the Capital SPVs or requirement to make, amend or supplement any Offering Document or any filing in connection with the Offers pursuant to the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or the rules and
regulations promulgated by the Commission thereunder (the “Regulations”) or any other applicable law, rule or regulation, (iv) the issuance by the Commission or any Other Agency of any comment or order or the taking of any
other action concerning any of the Offers or any document incorporated by reference in the Offering Documents (and, if in writing, the CEMEX Parties will furnish you with a copy thereof), (v) any material developments concerning any of the
CEMEX Parties or any of the Capital SPVs or any of the Offers, including, without limitation, the commencement of any material lawsuit concerning the CEMEX Parties or any of the Offers and (vi) any change in the rating accorded to CEMEX, S.A.B.
de C.V., the New Senior Secured Notes or any other debt issued or guaranteed by any of the CEMEX Parties by any “nationally recognized statistical rating organization” as such term is defined by the Commission for purposes of
Section 3(a)(62) under the Exchange Act. The CEMEX Parties agree to provide you with any other information relating to any of the Offers, the Offering Documents or this Agreement that you may from time to time reasonably request in writing. In
addition, if prior to the Expiration Date any event occurs as a result of which any Offering Documents or any clearing systems notices, other notices or press releases in connection with the Offers will include an untrue statement of a material fact
or omit to state a material fact necessary in order to make the statements therein, in the light of the circumstances, not misleading, the CEMEX Parties shall, promptly upon becoming aware of any such event, advise the Dealer Managers of such event
and, as promptly as reasonably practicable under the circumstances but in any event prior to the Exchange Date, prepare and furnish copies of such amendments or supplements of any such Offering Document to the Dealer Managers and

  
 6 

 
Holders, so that the statements in such Offering Document (as so amended or supplemented and including any documents incorporated by reference therein (together the “Additional
Material”)), will not contain any untrue statement of a material fact or omit to state a material fact necessary in order to make the statements therein at the time such Additional Material is delivered or is to be delivered to a Holder,
not misleading, and the Dealer Managers agree not to use the Offering Documents, in such case, until the Offering Documents are so supplemented or amended. 
 (h) The CEMEX Parties acknowledge and agree that you shall have no liability (in tort, contract or otherwise) to any of the CEMEX Parties, their affiliates or any other person for any losses, claims,
damages, liabilities and expenses (each a “Loss” and, collectively, the “Losses”) arising from any act or omission on the part of any broker or dealer in securities (a “Dealer”), bank or trust
company, or any other person in connection with the Offers, and neither of the Dealer Managers nor any of their affiliates shall be liable for any Losses arising from their own acts or omissions in performing their obligations as Dealer Managers or
as a Dealer in connection with the Offers, except for any such Losses that are finally judicially determined to have resulted primarily from any of the Dealer Managers’ or any of their affiliates’ bad faith, gross negligence or willful
misconduct. In soliciting or obtaining tenders of Debentures and Eurobonds for New Senior Secured Notes, no Dealer, bank or trust company is to be deemed to be acting as your agent or the agent of any of the CEMEX Parties or Capital SPVs or any of
their affiliates, and you shall not be deemed the agent of any Dealer, bank or trust company or an agent of, or a fiduciary or a financial advisor to any of the CEMEX Parties or Capital SPVs or any of their affiliates, equity holders, creditors or
any other person. In soliciting or obtaining tenders of Debentures and Eurobonds for New Senior Secured Notes, you shall not be, nor shall you be deemed for any purpose, to act as a partner or joint venturer of, or a member of a syndicate or group
with any of the CEMEX Parties or Capital SPVs or any of their affiliates in connection with the Offers, any exchange of Debentures and Eurobonds for New Senior Secured Notes or otherwise, and none of the CEMEX Parties, the Capital SPVs, nor any of
their affiliates shall be deemed to act as your agents. The CEMEX Parties shall have sole authority for the acceptance or rejection of any and all tenders of Debentures and Eurobonds. 

(i) The CEMEX Parties and the Capital SPVs acknowledge and agree that (i) you have been retained solely to provide the services set
forth herein, and in rendering such services you shall act as an independent contractor and any duties arising out of your engagement hereunder shall be owed solely to CEMEX Parties; (ii) you may perform the services contemplated hereby through
or in conjunction with your affiliates, and any of your affiliates performing services hereunder shall be entitled to the benefits and be subject to the terms and conditions of this Agreement; (iii) you are a securities firm engaged in
securities trading and brokerage activities and providing investment banking and financial advisory services, and in the ordinary course of business, you and your affiliates may at any time hold long or short positions, and may trade or otherwise
effect transactions, for your own account or the accounts of customers, in debt or equity securities of the CEMEX Parties, the Capital SPVs, their respective affiliates or other entities that may be involved in the transactions contemplated hereby;
(iv) any of you or your respective affiliates may deal in investments as principal or agent for more than one party or may make recommendations to buy or sell a designated investment in which any of you or any of your respective affiliates may
have a long or short position or in which one of you or your respective affiliate’s customers has given instructions to buy or sell; (v) any of you may in your sole discretion continue to own or dispose of, in any manner you may

  
 7 

 
elect, any Debentures or Eurobonds you may beneficially own at the date of this Agreement or hereafter acquire, in any such case subject to applicable law, and in particular, none of you has any
obligation to the CEMEX Parties or the Capital SPVs, pursuant to this Agreement or otherwise, to exchange or refrain from exchanging Debentures or Eurobonds beneficially owned by you pursuant to the Offers or to otherwise take, or refrain from
taking, any action in respect of the Offers; and (vi) you are not an advisor as to legal, tax, accounting or regulatory matters in any jurisdiction, and the CEMEX Parties and the Capital SPVs must consult with their own advisors concerning such
matters and will be responsible for making their own independent investigation and appraisal of the transactions contemplated hereby, and you shall have no responsibility or liability to the CEMEX Parties or the Capital SPVs or their respective
security holders with respect thereto. 
 (j) To the extent the CEMEX Parties elect to consummate one or more of the Offers, the
CEMEX Parties agree to exchange the New Senior Secured Notes for the applicable Debentures or Eurobonds, as the case may be, of the Holders entitled thereto and who have validly tendered and not validly withdrawn their Debentures or Eurobonds in
such Offers in accordance with the terms (as may be amended) set forth in the Offering Documents. Each CEMEX Party agrees not to exchange any Debentures or Eurobonds during the term of the Offers except pursuant to and in accordance with the Offers
or as otherwise agreed in writing by the parties hereto and permitted under applicable laws and regulations. 
 (k) Other than
as proposed by the CEMEX Parties and consented to by the Dealer Managers, which consent will not be unreasonably withheld, no broker, investment banker, financial advisor or other person, other than the Dealer Managers, are entitled to any
broker’s, finder’s, financial advisor’s or other similar fee or commission in connection with the Offers based upon arrangements made by or on behalf of the CEMEX Parties, the Capital SPVs or any of their subsidiaries. 

2. Compensation and Expenses. 
 (a) The CEMEX Parties jointly and severally agree to pay the Dealer Managers, as compensation for their services as Dealer Managers in connection with the Offers, the fees calculated and payable as agreed
between the CEMEX Parties and you, and to pay directly or reimburse you, as the case may be, for certain reasonable expenses incurred in connection with the Offers, as agreed between the CEMEX Parties and you. 

3. Representations, Warranties and Agreements of the CEMEX Parties. The CEMEX Parties, jointly and severally, represent, warrant
and agree that as of (i) the Commencement Date, (ii) the expiration of the early tender period relating to the Offers (the “Early Participation Date”), (iii) the Expiration Date, and (iv) the Exchange Date (in
each case, unless made with respect to a specific date, in which case they are true and correct as of such date) that: 
 (a)
Subject to compliance by the Dealer Managers with the representations and warranties set forth in Section 6 hereof and with the procedures set forth in the Offering Documents, it is not necessary in connection with the offer, issuance and
delivery of the New Senior Secured Notes to Holders who have validly tendered and not validly withdrawn their 

  
 8 

 
Debentures or Eurobonds in the Offers to register the New Senior Secured Notes under the Securities Act or to qualify the Indenture under the Trust Indenture Act of 1939 (the “Trust
Indenture Act,” which term, as used herein, includes the rules and regulations of the Commission promulgated thereunder). 
 (b) None of the CEMEX Parties nor any of their respective affiliates (as such term is defined in Rule 501 under the Securities Act), nor any person acting on any of their behalf (other than the
Dealer Managers, as to whom no representation or warranty is made) has, directly or indirectly, solicited any offer to buy or offered to sell, or will, directly or indirectly, solicit any offer to buy or offer to sell, in the United States or to any
United States citizen or resident, any security which is or would be integrated with the sale of the New Senior Secured Notes in a manner that would require the New Senior Secured Notes to be registered under the Securities Act. None of the CEMEX
Parties nor any of their respective affiliates, or any person acting on its or any of their behalf (other than the Dealer Managers, as to whom no representation or warranty is made) has engaged or will engage, in connection with the offering of the
New Senior Secured Notes, in any form of general solicitation or general advertising within the meaning of Rule 502 under the Securities Act. With respect to those New Senior Secured Notes sold in reliance upon Regulation S, (i) none
of the CEMEX Parties nor any of their respective affiliates nor any person acting on its or their behalf (other than the Dealer Managers, as to whom no representation or warranty is made) has engaged or will engage in any directed selling efforts
within the meaning of Regulation S and (ii) the CEMEX Parties and their respective affiliates and any person acting on their behalf (other than the Dealer Managers, as to whom no representation or warranty is made) have complied and will
comply with the offering restrictions set forth in Regulation S. 
 (c) The New Senior Secured Notes are eligible for
resale pursuant to Rule 144A and will not be, at the Exchange Date, of the same class as securities listed on a national securities exchange registered under Section 6 of the Exchange Act or quoted in a U.S. automated interdealer quotation
system. 
 (d) The CEMEX annual report on Form 20-F for the year ended December 31, 2010, incorporated by reference in the
Offering Documents, when filed with the Commission, conformed in all material respects to the requirements of the Exchange Act and the rules and regulations of the Commission thereunder, and the documents incorporated by reference in the Offering
Documents, when filed with the Commission, did not contain any untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary in order to make the statements therein, in the light of the circumstances
under which they were made, not misleading. 
 (e) Each of the CEMEX Parties has been duly organized and is validly existing
and, if applicable, in good standing under the laws of the jurisdiction in which it is chartered or organized with power and authority to own or lease, as the case may be, and to operate its properties and conduct its businesses as described in the
Offering Documents, and, if applicable, is duly qualified to do business as a foreign corporation and is in good standing under the laws of each jurisdiction that requires such qualification of such person is subject to no material liability or
disability by reason of the failure to be so qualified. 

  
 9 

 (f) Each of the CEMEX Parties has full right, power and authority to execute and deliver
each of the Transaction Documents to which they are a party and to perform their respective obligations hereunder and thereunder; and all action required to be taken for the due and proper authorization, execution and delivery of each of the
Transaction Documents and the consummation of the transactions contemplated thereby has been duly and validly taken. 
 (g) All
the outstanding shares of capital stock or other equity interests of CEMEX have been duly authorized and validly issued and are fully paid and nonassessable, and, except as otherwise set forth in the Offering Documents and Section 3(k) below,
and except for the security interest created under the Transaction Security Documents, all outstanding shares of capital stock or other equity interests of the significant subsidiaries of CEMEX are owned by CEMEX either directly or through
wholly-owned and majority-owned subsidiaries, free and clear of any security interest, claim, lien or encumbrance. 
 (h) This
Agreement has been duly and validly authorized, executed and delivered by each of the CEMEX Parties and, assuming that this Agreement is a valid and legally binding obligation of the Dealer Managers, constitutes a valid and legally binding
obligation of each of the CEMEX Parties, enforceable against them in accordance with its terms, except as enforceability may be limited by the effects of bankruptcy, concurso mercantil, quiebra, insolvency, fraudulent conveyance,
reorganization, moratorium and other similar laws relating to or affecting creditors’ rights generally, general equitable principles (whether considered in a proceeding in equity or at law) (the “Enforceability Exceptions”) and
except as the enforceability of the indemnity provisions thereof may be limited by considerations of public policy; and this Agreement conforms in all material respects to the description hereof contained in the Offering Documents, as amended or
supplemented at such date. 
 (i) As of the Exchange Date, the New Senior Secured Notes will be duly secured by a first-priority
security interest in the Collateral on an equal and ratable basis with (i) the indebtedness under the Financing Agreement, (ii) the notes (or similar instruments, including long-term certificados bursátiles) outstanding on
the date of the Financing Agreement which are not subject to the Financing Agreement but are required to be secured pursuant to their terms, (iii) the U.S. Dollar-denominated 9.50% Senior Secured Notes due 2016, (iv) the
Euro-denominated 9.625% Senior Secured Notes due 2017, (v) the U.S. Dollar-denominated 9.25% Senior Secured Notes due 2020, (vi) the Euro-denominated 8.875% Senior Secured Notes due 2017, (vii) the U.S. Dollar denominated
9.000% Senior Secured Notes due 2018, and (viii) the Floating Rate Senior Secured Notes due 2015, but holding a New Senior Secured Note will not grant its holders the right to direct the foreclosure or the right to foreclose on the Collateral
pursuant to the terms of the Intercreditor Agreement. 
 (j) The shares that constitute the Collateral are fully paid and non
assessable and not subject to any option to purchase or similar rights and are free and clear of any lien, pledge, security interest or encumbrance, except for the security interest created under the Transaction Security Documents. The
constitutional documents of the companies whose shares are subject to the Collateral do not and could not restrict or inhibit any transfer of those shares on creation or enforcement of the Collateral. There are no agreements in force which provide
for the issue or allotment of, any share or loan capital of CEMEX or any of its subsidiaries (including any option or right of pre-emption or conversion) other than (i) mandatory pre-emptive

  
 10 

 
rights and the obligation of CEMEX to deliver CEMEX shares under the convertible bond of CEMEX obligaciones forzosamente convertibles en acciones representativas del capital social de
CEMEX, dated as of December 10, 2009; (ii) arising under applicable law in favor of shareholders generally; (iii) arising under any obligation in respect of any stock option plan, restricted stock plan or retirement plan which
CEMEX or any of its subsidiaries customarily provides to its employees, consultants and directors; and (iv) arising under any obligation in respect of the 4.875% Convertible Subordinated Notes due 2015, 3.25% Convertible Subordinated Notes due
2016 and 3.75% Convertible Subordinated Notes due 2018. 
 (k) Under the Transaction Security Documents, the Collateral is
granted over all the issued share capital in each of CEMEX and its subsidiaries whose shares are subject to the Collateral except: 
  

	 	(i)	in the case of CEMEX España: 

  

	 	(A)	0.244% of the issued share capital, comprised of shares owned by subsidiaries of CEMEX España; and 

 

	 	(B)	0.1164% of the issued share capital, comprised of shares owned by persons that are not subsidiaries or affiliates of CEMEX; 

 

	 	(ii)	in the case of CEMEX Trademarks Holding Ltd., 0.4326% of the issues share capital, comprised of shares owned by CEMEX Inc.; 

 

	 	(iii)	in the case of each Mexican company whose shares are the subject to the Collateral (except in the case of CEMEX México), the single share held by a minority
shareholder that is either CEMEX or any of its subsidiaries; 

  

	 	(iv)	in the case of CEMEX México, 0.1245% of the issued share capital, comprised of shares owned by CEMEX, Inc. 

(l) The Offering Documents and the Additional Material, taken as a whole, comply in all material respects with all applicable
requirements of the U.S. federal securities laws; applicable EU laws and regulations including, but not limited to, the Prospectus Directive and the applicable rules of the Irish Stock Exchange, Professional Securities Market of the London Stock
Exchange and the FSMA; and, to the knowledge of CEMEX, except as would not materially adversely affect the consummation of the Offers, all other applicable non-U.S. and non-EU laws; and the Offering Documents and the Additional Material, taken as a
whole, (i) do not, and at all times during the period of the Offers will not, contain any untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements made therein, in
the light of the circumstances under which they were made, not misleading and (ii) contains all such information which, according to the particular nature of the CEMEX Parties and the Offers, is necessary to enable investors and their
investment advisers to make an informed assessment of the assets and liabilities, financial position, profits and losses of CEMEX and of the rights attaching to the New Senior Secured Notes and the guarantees thereof; provided that the CEMEX Parties
make no representation and warranty with respect to any statements or omissions made in the Offering Documents in reliance upon and in conformity with information relating to the Dealer Managers furnished to the CEMEX Parties in writing by

  
 11 

 
the Dealer Managers expressly for use in the Offering Documents (which for purposes of this proviso consists solely of the name and address of each Dealer Manager). The CEMEX Parties have not
distributed and will not distribute, prior to the Exchange Date, any offering material in connection with the Offers other than the Offering Documents and Additional Material. 
 (m) The consolidated audited historical financial statements of CEMEX and its consolidated subsidiaries included or incorporated by reference in the Offering Documents present fairly in all material
respects the financial condition, results of operations and cash flows of CEMEX and its consolidated subsidiaries as of the dates and for the periods indicated and have been prepared in conformity with Mexican FRS (as defined below) applied on a
consistent basis throughout the periods involved (except as otherwise noted therein); and the selected financial data set forth under the caption “Selected Consolidated Financial Information” in the Offering Documents fairly present, on
the basis stated in the Offering Documents, the information included therein. 
 (n) The consolidated audited historical annual
accounts of CEMEX España and its consolidated subsidiaries included or incorporated by reference in the Offering Documents present a fair view (imagen fiel), in all material respects, of the consolidated equity and the consolidated
financial position of CEMEX España and its consolidated subsidiaries and of the consolidated results of operations and consolidated cash flows thereof as of the dates and for the periods indicated and have been prepared in conformity with
prevailing legislation, the Spanish General Chart of Accounts approved by Royal Decree 1514/2007, dated November 16, 2007, approving the General Accounting Plan, and Royal Decree 1815/1991, approving the standards for the preparation of
consolidated annual accounts, considering the accounting principles set out in the Spanish Institute of Accountants and Auditors Note and its developing regulations (“Spanish GAAP”) applied on a consistent basis throughout the
periods involved (except as otherwise noted therein). 
 (o) Except as described in the Offering Documents, since
December 31, 2011, (i) there has not been any change in the capital stock or long-term debt of CEMEX or any of its subsidiaries, or any dividend or distribution of any kind declared, set aside for payment, paid or made by CEMEX on any
class of capital stock; and (ii) there has not been any material adverse change, or any development involving a prospective material adverse change, in or affecting the business, properties, management, financial position, results of operations
or prospects of CEMEX and its subsidiaries taken as a whole; and (iii) neither CEMEX nor any of its subsidiaries has entered into any transaction or agreement that is material to CEMEX and its subsidiaries taken as a whole or incurred any
liability or obligation, direct or contingent, that is material to CEMEX and its subsidiaries taken as a whole. 
 (p) As of the
Expiration Date, the Indenture will be duly and validly authorized by each of the CEMEX Parties, and, when duly executed and delivered in accordance with its terms by each of the parties thereto, and provided that the CEMEX Parties have previously
published the announcement relating to the issuance of the New Senior Secured Notes in the Mercantile Registry’s Official Gazette (Boletín Oficial del Registro Mercantil) and granted, filed with the Spanish tax authorities and
registered with the Mercantile Registry of Madrid the public deed of issuance of the New Secured Senior Notes, will constitute a valid and legally binding agreement of each of the CEMEX Parties enforceable against each of them in accordance with its
terms, except as enforceability may be limited by the Enforceability Exceptions. 

  
 12 

 (q) The New Senior Secured Notes have been duly and validly authorized by CEMEX
España and, when duly executed, authenticated, issued and delivered as provided in the Indenture and exchanged for Debentures in accordance with the terms of the Perpetual Exchange Offers or Eurobonds in accordance with the terms of the
Eurobond Exchange Offer, and, in each case, provided that the CEMEX Parties have previously published the announcement relating to the issuance of the New Senior Secured Notes in the Mercantile Registry’s Official Gazette (Boletín
Oficial del Registro Mercantil) and granted, filed with the Spanish tax authorities and registered with the Mercantile Registry of Madrid the public deed of issuance of the New Secured Senior Notes, will be duly and validly issued and
outstanding and will constitute valid and legally binding obligations of CEMEX España enforceable against CEMEX España in accordance with their terms, subject to the Enforceability Exceptions, and will be entitled to the benefits of
the Indenture; and as of the Expiration Date, the Guarantees will be duly authorized by each of the Guarantors, and, when the New Senior Secured Notes have been duly executed, authenticated, issued and delivered as provided in the Indenture and
exchanged for Debentures or Eurobonds in accordance with the terms of the Offers, will be valid and legally binding obligations of each of the Guarantors, enforceable against each of the Guarantors in accordance with their terms, subject to the
Enforceability Exceptions, and will be entitled to the benefits of the Indenture. 
 (r) The New Senior Secured Notes, the
Guarantees, the Security Documents and the Indenture will conform in all material respects to the descriptions thereof contained in the Offering Documents. The statements in the Offering Documents under the headings, as the case may be,
“General Terms of the Debenture Exchange Offer,” “General Terms of the Eurobond Exchange Offer,” “Spanish Taxation,” “Luxembourg Taxation,” “Netherlands Taxation,” “Mexican Taxation” and
“Certain U.S. Federal Income Tax Considerations,” insofar as such statements summarize legal matters, agreements, documents or proceedings discussed therein, are accurate summaries of such legal matters, agreements, documents or
proceedings in all material respects. 
 (s) There is no, and the execution, delivery and performance by each of the CEMEX
Parties of the Transaction Documents and the consummation of the transactions contemplated hereby and thereby do not and will not result in any, violation or default of (i) any provision of its organizational documents; (ii) the terms of
any indenture, contract, lease, mortgage, deed of trust, note agreement, loan agreement or other agreement, obligation, condition, covenant or instrument to which CEMEX or its subsidiaries is a party or bound or to which their property is subject
(including the Financing Agreement, the Intercreditor Agreement, the Transaction Security Documents, the Debenture Indentures, the DCN Indentures, the Trust Deed and the indentures governing the U.S. Dollar-denominated 9.50% Senior Secured
Notes due 2016, the Euro-denominated 9.625% Senior Secured Notes due 2017, the U.S. Dollar-denominated 9.25% Senior Secured Notes due 2020, the Euro-denominated 8.875% Senior Secured Notes due 2017, the U.S. Dollar-denominated 9.000%
Senior Secured Notes due 2018 and the Floating Rate Senior Secured Notes due 2015); or (iii) any statute, law, rule, regulation, judgment, order or decree applicable to CEMEX or any of its subsidiaries of any court, regulatory body,
administrative agency, governmental body, arbitrator or other authority having 

  
 13 

 
jurisdiction over CEMEX or any of its subsidiaries or any of their respective properties, as applicable, except for such violations or defaults which, individually or in the aggregate, would not
reasonably be expected to have a Material Adverse Effect (as defined below) or materially adversely affect the consummation of the Offers. 
 (t) No consent, approval, authorization, order, registration, qualification or other action of, or filing with or notice to, the Commission or any Other Agency is required in connection with the
execution, delivery and performance by any of the CEMEX Parties of any of the Transaction Documents, the making or consummation of the Offers or the consummation of the other transactions contemplated by this Agreement, the Offering Documents or any
Additional Material, other than (i) the publication of the announcement related to the issue of the New Senior Secured Notes in the Mercantile Registry’s Official Gazette (Boletín Oficial del Registro Mercantil);
(ii) the granting, filing with the Spanish tax authorities and registration of the public deed of issuance of the New Secured Senior Notes and the disbursement notarial minutes with the Mercantile Registry of Madrid; (iii) the approval for
listing the New Euro Senior Secured Notes on the Irish Stock Exchange; and (iv) as otherwise disclosed in the Offering Documents or any Additional Material. 
 (u) No action, suit or proceeding by or before any court or governmental agency, authority or body or any arbitrator involving CEMEX or any of its subsidiaries or their respective property is pending or,
to the best knowledge of CEMEX, threatened that (i) could reasonably be expected to have a material adverse effect on the performance of this Agreement, the Indenture, the New Senior Secured Notes and the other Transaction Documents or the
consummation of any of the transactions contemplated hereby or thereby or (ii) could reasonably be expected to have a material adverse effect on the condition (financial or otherwise), prospects, earnings, business or properties of CEMEX and
its subsidiaries, taken as a whole, whether or not arising from transactions in the ordinary course of business (a “Material Adverse Effect”), except as set forth in or contemplated in the Offering Documents (exclusive of any
amendment or supplement thereto). 
 (v) KPMG Cárdenas Dosal, S.C., which has delivered its report with respect to the
financial statements of CEMEX and its consolidated subsidiaries included or incorporated by reference in the Offering Documents, is an independent auditor with respect to CEMEX within the meaning of article 2.21 of the Mexican Institute of Public
Accountants’ Code of Professional Conduct and within the meaning of the Securities Act and the applicable rules and regulations thereunder adopted by the SEC and the Public Company Accounting Oversight Board. 

(w) KPMG Auditores, S.L., which has delivered its report with respect to the audited consolidated annual accounts of CEMEX España
incorporated by reference in the Offering Documents, is an independent auditor with respect to CEMEX España in accordance with local auditing standards. 
 (x) Each of CEMEX and its subsidiaries owns or leases all such properties as are necessary to the conduct of its operations as presently conducted except (i) for such properties the loss of which
would not reasonably be expected to result in a Material Adverse Effect and (ii) as set forth in or contemplated in the Offering Documents (exclusive of any amendment or supplement). 

  
 14 

 (y) None of the CEMEX Parties is, and after giving effect to the issuance and delivery of
the New Senior Secured Notes and the Guarantees, will be, an “investment company” as defined in the Investment Company Act of 1940, as amended, and the rules and regulations of the Commission thereunder (collectively, the
“Investment Company Act”). 
 (z) CEMEX and each of its subsidiaries have filed all applicable tax returns that
are required to be filed by them or have requested extensions of the period applicable for the filing of such returns (except in any case in which the failure so to file would not have a Material Adverse Effect and except as set forth in or
contemplated in the Offering Documents (exclusive of any amendment or supplement thereto)) and have paid all taxes required to be paid by them and any other assessment, fine or penalty levied against them, to the extent that any of the foregoing is
due and payable, except for any such tax, assessment, fine or penalty that is currently being contested in good faith or as would not have a Material Adverse Effect and except as set forth in or contemplated in the Offering Documents (exclusive of
any amendment or supplement thereto). 
 (aa) CEMEX and each of its subsidiaries possess all licenses, certificates, permits and
other authorizations issued by all applicable authorities necessary to conduct their respective businesses, except to the extent that the failure to have such license, certificate, permit or authorization would not reasonably be expected to have a
Material Adverse Effect and except, as described in or contemplated in the Offering Documents (exclusive of any amendment or supplement thereto), and neither CEMEX nor any of its subsidiaries have received any notice of proceedings relating to the
revocation or modification of any such certificate, authorization or permit which, singly or in the aggregate, if the subject of an unfavorable decision, ruling or finding, would have a Material Adverse Effect, except as set forth in or contemplated
in the Offering Documents (exclusive of any amendment or supplement thereto). 
 (bb) No labor problem or dispute with the
employees of CEMEX or any of its subsidiaries exists or is threatened or imminent, and CEMEX is not aware of any existing or imminent labor disturbance by the employees of any of its subsidiaries’ principal suppliers, contractors or customers,
except as would not have a Material Adverse Effect and except as set forth in or contemplated in the Offering Documents (exclusive of any amendment or supplement thereto). 
 (cc) Each of CEMEX and its subsidiaries (i) is in compliance with any and all applicable laws and regulations relating to the protection of human health and safety, the environment or hazardous or
toxic substances or wastes, pollutants or contaminants (“Environmental Laws”); (ii) has received and is in compliance with all permits, licenses or other approvals required under applicable Environmental Laws to conduct its
businesses; and (iii) has not received notice of any actual or potential liability under any Environmental Law, except where such non-compliance with Environmental Laws, failure to receive required permits, licenses or other approvals, or
liability would not, individually or in the aggregate, have a Material Adverse Effect, except as set forth in or contemplated in the Offering Documents (exclusive of any amendment or supplement thereto). Except as set forth in the Offering

  
 15 

 
Documents, neither CEMEX nor any of its subsidiaries has been named as a “potentially responsible party” under the Comprehensive Environmental Response, Compensation, and Liability Act
of 1980, as amended. 
 (dd) In the ordinary course of its business, CEMEX periodically reviews the effect of Environmental Laws
on the business, operations and properties of CEMEX and its subsidiaries, in the course of which it identifies and evaluates associated costs and liabilities (including, without limitation, any capital or operating expenditures required for
clean-up, closure of properties or compliance with Environmental Laws, or any permit, license or approval, any related constraints on operating activities and any potential liabilities to third parties); on the basis of such review, CEMEX has
reasonably concluded that such associated costs and liabilities would not, singly or in the aggregate, have a Material Adverse Effect, except as set forth in or contemplated in the Offering Documents (exclusive of any amendment or supplement
thereto). 
 (ee) CEMEX and each of its subsidiaries maintain a system of internal accounting controls sufficient to provide
reasonable assurance that (i) transactions are executed in accordance with management’s general or specific authorizations; (ii) transactions are recorded as necessary to permit preparation of financial statements of CEMEX and CEMEX
España in conformity with Mexican FRS or Spanish GAAP, as the case may be, and to maintain asset accountability; (iii) access to assets is permitted only in accordance with management’s general or specific authorization; and
(iv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences. CEMEX’s and each of its subsidiaries’ internal controls over
financial reporting are effective, and neither CEMEX nor any of its subsidiaries is aware of any material weakness in its internal control over financial reporting. CEMEX and each of its subsidiaries maintains “disclosure controls and
procedures” (as such term is defined in Rule 13a-15(e) under the Exchange Act) and such disclosure controls and procedures are effective. 
 (ff) CEMEX and each of its subsidiaries are insured by insurers of recognized financial responsibility against such losses and risks and in such amounts as are prudent and customary in the businesses in
which they are engaged; all policies of insurance and fidelity or surety bonds insuring CEMEX or any of its subsidiaries or any of their respective businesses, assets, employees, officers and directors are in full force and effect; CEMEX and its
subsidiaries are in compliance in all material respects with the terms of such policies and instruments; there are no material claims by CEMEX or any of its subsidiaries under any such policy or instrument as to which any insurance company is
denying liability or defending under a reservation of rights clause; neither CEMEX nor any of its subsidiaries has been refused any material insurance coverage sought or applied for; and neither CEMEX nor any of its subsidiaries has reason to
believe that it will not be able to renew its existing insurance coverage as and when such coverage expires or to obtain similar coverage from similar insurers as may be necessary to continue its business at a cost that would not have a Material
Adverse Effect except as set forth in or contemplated in the Offering Documents (exclusive of any amendment or supplement thereto). 
 (gg) None of CEMEX, any of its subsidiaries nor, to the knowledge of CEMEX, any director, officer, agent, employee, associate (with respect to clause (ii) below only)

  
 16 

 
or affiliate of CEMEX is aware of or has taken any action, directly or indirectly, that would result in (i) a violation by such persons of the Foreign Corrupt Practices Act of 1977, as
amended, and the rules and regulations thereunder (the “FCPA”), including, without limitation, making use of the mails or any means or instrumentality of interstate commerce corruptly in furtherance of an offer, payment, promise to
pay or authorization of the payment of any money, or other property, gift, promise to give, or authorization of the giving of anything of value to any “foreign official” (as such term is defined in the FCPA) or any foreign political party
or official thereof or any candidate for foreign political office, in contravention of the FCPA, or (ii) a violation of, or offence being permitted pursuant to, the Bribery Act 2010 (the “Bribery Act”); and CEMEX, its
subsidiaries and, to the knowledge of CEMEX, its affiliates have conducted their respective businesses in compliance with the FCPA and have instituted and maintain policies and procedures designed to ensure, and which are reasonably expected to
continue to ensure, continued compliance therewith (including procedures designed to prevent bribery). 
 (hh) The operations of
CEMEX and each of its subsidiaries are and have been conducted at all times in compliance with applicable financial recordkeeping and reporting requirements and the money laundering statutes and the rules and regulations thereunder and any related
or similar rules, regulations or guidelines, issued, administered or enforced by any governmental agency (collectively, the “Money Laundering Laws”) and no action, suit or proceeding by or before any court or governmental agency,
authority or body or any arbitrator involving CEMEX or any of its subsidiaries with respect to the Money Laundering Laws is pending or, to the best knowledge of CEMEX, threatened. 

(ii) None of CEMEX, any of its subsidiaries or, to the knowledge of CEMEX, any director, officer, agent, employee, affiliate or
representative of CEMEX or any of its subsidiaries is an individual or entity currently subject to any sanctions administered by the Office of Foreign Assets Control of the U.S. Department of the Treasury (“OFAC”), the United
Nations Security Council (“UNSC”), the European Union, Her Majesty’s Treasury (“HMT”), or, to the best knowledge of CEMEX, other relevant sanctions authority (collectively, “Sanctions”), nor is
CEMEX located, organized or resident in a country or territory that is the subject of Sanctions. Furthermore, the Company represents and covenants that it is in compliance with Council Regulation (EU) No 961/2010 of 25 October 2010 on
restrictive measures against Iran and repealing Regulation (EC) No 423/2007. There is and has been no failure on the part of CEMEX or CEMEX’s directors or officers, in their capacities as such, to comply with any provision of the Sarbanes-Oxley
Act of 2002 and the rules and regulations promulgated in connection therewith (the “Sarbanes-Oxley Act”), including Section 402 relating to loans and Sections 302 and 906 relating to certifications. 

(jj) Neither CEMEX nor any of its subsidiaries has taken, directly or indirectly, any action designed to or that has constituted or that
might reasonably be expected to cause or result, under the Exchange Act or otherwise, in stabilization or manipulation of the price of any security of CEMEX España, CEMEX Finance or any of the Capital SPVs to facilitate the sale or resale of
the New Senior Secured Notes. 
 (kk) No stop order, restraining order or denial of an application for approval has been issued
and no proceedings, litigation or investigation have been initiated or, to the best of the CEMEX Parties’ knowledge, threatened before the Commission or any Other Agency with 

  
 17 

 
respect to the making or consummation of the Offers or the execution, delivery and performance of this Agreement or the consummation of the transactions contemplated by this Agreement or the
Offering Documents. 
 (ll) None of the CEMEX Parties has paid or agreed to pay to any person any compensation for soliciting
another to purchase any securities of a CEMEX Party or a Capital SPV (except as contemplated in this Agreement). 
 (mm) In
connection with the Offers, the CEMEX Parties have complied, and will continue to comply, in all material respects with the applicable provisions of the Exchange Act and the Regulations, including, without limitation, Sections 10 and 14 of the
Exchange Act and Rules 10b-5 and l4e-l thereunder. 
 (nn) There are no stamp or other issuance or transfer taxes or duties or
other similar fees or charges required to be paid in connection with the execution and delivery of this Agreement or the issuance or exchange by CEMEX España, Luxembourg Branch of the New Senior Secured Notes. 

(oo) CEMEX is a “foreign private issuer,” as defined in Rule 405 of the Securities Act. 

(pp) As of the Exchange Date, each of the Security Documents will be duly authorized by each of the CEMEX Parties party thereto. If the
Security Documents are entered into on or prior to the date hereof, each of the Security Documents have been duly executed and delivered by each of the CEMEX Parties party thereto. If the Security Documents are entered into on or prior to the
Exchange Date, each of the Security Documents will have been duly executed and delivered by each of the CEMEX Parties party thereto on such date. When the Security Documents have each been duly executed and delivered, the Security Documents will be
valid and binding agreements of each of the CEMEX Parties party thereto and create a valid and binding lien on the collateral (as defined in the Offering Documents) on the Exchange Date securing the New Senior Secured Notes and enforceable against
each of the CEMEX Parties in accordance with their terms, except as enforceability may be limited by the terms thereof and the Enforceability Exceptions. As used herein, “Security Documents” means the security agreements, pledge
agreements, collateral assignments and related agreements, including without limiting the foregoing the Intercreditor Agreement, creating the security interests in the Collateral as contemplated by the Indenture. 

(qq) Except for limitations with respect to the New Senior Secured Notes and Guarantees (and for the purposes of this representation,
such limitations described in the Offering Memoranda shall also apply to any Transaction Document) as described in the Offering Memoranda or as is not material to a holder of New Senior Secured Notes, the legality, validity, enforceability or
admissibility into evidence of any of the Offering Documents, any Additional Material or any Transaction Document in any jurisdiction in which CEMEX or other CEMEX Party (a “Foreign Subsidiary”) is organized is not dependent upon
such document being submitted into, filed or recorded with any court or other authority in any such jurisdiction on or before the date hereof or that any tax, imposition or charge be paid in any such jurisdiction on or in respect of any such
document. 

  
 18 

 (rr) It is not necessary under the laws of any jurisdiction in which CEMEX or any Foreign
Subsidiary is organized that any of the holders of the New Senior Secured Notes be licensed, qualified or entitled to carry on business in any such jurisdiction by reason of the execution, delivery, performance or enforcement of any of the
Transaction Documents. 
 (ss) Except for limitations with respect to the New Senior Secured Notes and Guarantees (and for the
purposes of this representation, such limitations, described in the Offering Memoranda shall also apply to any Transaction Document) as described in the Offering Memoranda or as is not material to a holder of New Senior Secured Notes, a holder of
the New Senior Secured Notes, the Trustee and each Dealer Manager are each entitled to sue as plaintiff in the courts of the jurisdiction of formation and domicile of any CEMEX Party for the enforcement of their respective rights under any
Transaction Document and such access to such courts will not be subject to any conditions which are not applicable to residents of such jurisdiction or a company incorporated in such jurisdiction, other than the requirement to post a bond or
guarantee with respect to court costs and legal fees. This Agreement, the Indenture and the New Senior Secured Notes are in proper legal form under the laws of the jurisdiction of formation and domicile of the CEMEX Parties for the enforcement
thereof against the CEMEX Parties. 
 (tt) Except for limitations with respect to the New Senior Secured Notes and Guarantees
(and, for the purposes of this representation, such limitations described in the Offering Memoranda shall also include those described in any Transaction Document) as described in the Offering Memoranda or as are not material to a holder of New
Senior Secured Notes, subject to such qualifications and assumptions as are set forth in the opinion of relevant local counsel for the CEMEX Parties or the Dealer Managers, the courts of the jurisdiction of formation and domicile of the CEMEX
Parties will recognize and enforce a judgment obtained against the CEMEX Parties in any federal or state court located in the borough of Manhattan in the City of New York in an action arising out of or in connection with the Offering Documents, any
Additional Material or any Transaction Document, in each case, without considering the merits thereof. 
 (uu) The choice of law
provisions set forth in this Agreement and the Indenture are legal, valid and binding under the laws of the jurisdiction of formation and domicile of the CEMEX Parties and, subject to such qualifications and assumptions as are set forth in the
opinion of relevant local counsel for the CEMEX Parties or the Dealer Managers, will be recognized and given effect to by the courts of the jurisdiction of formation and domicile of the CEMEX Parties. The CEMEX Parties have the power to submit, and
pursuant to Section 14 of this Agreement have, to the extent permitted by law, legally, validly, effectively and irrevocably submitted, to the jurisdiction of any New York State or United States Federal court sitting in The City of New York,
and has the power to designate, appoint and empower, and pursuant to Section 14 of this Agreement, has legally, validly and effectively designated, appointed and empowered an agent for service of process in any suit or proceeding based on or
arising under this Agreement in any New York State or United States Federal court sitting in The City of New York. 
 (vv) The
CEMEX Parties, and their obligations under this Agreement and the Indenture, are subject to civil and commercial law and to suit and neither they nor any of their 

  
 19 

 
properties, assets or revenues have any right of immunity, on the grounds of sovereignty, from any legal action, suit or proceeding, from the giving of any relief in any such legal action, suit
or proceeding, with respect to their obligations or liabilities or any other matter under or arising out of or in connection with this Agreement or the Indenture; and, to the extent that the CEMEX Parties or any of their properties, assets or
revenues may have or may hereafter become entitled to any such right of immunity in any such court in which proceedings may at any time be commenced, the CEMEX Parties have waived or will waive such right to the extent permitted by law and has
consented to such relief and enforcement as provided in this Agreement and the Indenture. 
 Any certificate signed by any
officer of CEMEX or any of its subsidiaries and delivered to you or your counsel in connection with the Offers shall be deemed a representation and warranty by the CEMEX Parties as to matters covered thereby, to each Dealer Manager. 

4. Representations, Warranties and Agreements of the Capital SPVs. Each Capital SPV severally and not jointly, represents,
warrants and agrees as to itself and not to any of the other Capital SPVs, that as of (i) the Commencement Date, (ii) the Early Participation Date, (iii) the Expiration Date, and (iv) the Exchange Date (in each case, unless made
with respect to a specific date, in which case they are true and correct as of such date): 
 (a) Neither the Capital SPV nor
any of its affiliates (as such term is defined in Rule 501 under the Securities Act), nor any person acting on its behalf (other than the Dealer Managers, as to whom no representation or warranty is made) has, directly or indirectly, solicited
any offer to buy or offered to sell, or will, directly or indirectly, solicit any offer to buy or offer to sell, in the United States or to any United States citizen or resident, any security which is or would be integrated with the sale of the New
Senior Secured Notes in a manner that would require the New Senior Secured Notes to be registered under the Securities Act. Neither the Capital SPV nor any of its affiliates, nor any person acting on its behalf (other than the Dealer Managers, as to
whom no representation or warranty is made) has engaged or will engage, in connection with the offering of the New Senior Secured Notes, in any form of general solicitation or general advertising within the meaning of Rule 502 under the
Securities Act. With respect to those New Senior Secured Notes sold in reliance upon Regulation S, (i) neither the Capital SPV nor any of its affiliates nor any person acting on its behalf (other than the Dealer Managers, as to whom no
representation or warranty is made) has engaged or will engage in any directed selling efforts within the meaning of Regulation S and (ii) neither the Capital SPV nor any of its affiliates and any person acting on its behalf (other than
the Dealer Managers, as to whom no representation or warranty is made) has complied and will comply with the offering restrictions set forth in Regulation S. 
 (b) The Capital SPV does not own any of the Debentures. 
 (c) The Capital SPV has
been duly organized and is validly existing and in good standing under the laws of the jurisdiction in which it is chartered or organized with power and authority to own or lease, as the case may be, and to operate its properties and conduct its
businesses as described in the Offering Documents, and, if applicable, is duly qualified to do business as a foreign corporation and is in good standing under the laws of each jurisdiction that requires such qualification of such person or is
subject to no material liability or disability by reason of the failure to be so qualified. 

  
 20 

 (d) The Capital SPV has full right, power and authority to execute and deliver each of the
Transaction Documents to which it is a party and to perform its obligations hereunder and thereunder; and all action required to be taken for the due and proper authorization, execution and delivery of each of the Transaction Documents and the
consummation of the transactions contemplated thereby has been duly and validly taken. 
 (e) This Agreement has been duly and
validly authorized, executed and delivered by the Capital SPV and, assuming that this Agreement is a valid and legally binding obligation of the Dealer Managers, constitutes a valid and legally binding obligation of such Capital SPV, enforceable
against it in accordance with its terms, except as enforceability may be limited by the Enforceability Exceptions and except as the enforceability of the indemnity provisions hereof may be limited by considerations of public policy. 

(f) No consent, approval, authorization, order, registration, qualification or other action of, or filing with or notice to, the
Commission or any Other Agency is required in connection with the execution, delivery and performance by the Capital SPV of any of the Transaction Documents, the making or consummation of the Offers or the consummation of the other transactions
contemplated by this Agreement, the Transaction Documents, the Offering Documents or any Additional Material, other than as disclosed in the Offering Documents or any Additional Material. 

(g) Neither the Capital SPV nor any of its subsidiaries has taken, directly or indirectly, any action designed to or that has constituted
or that might reasonably be expected to cause or result, under the Exchange Act or otherwise, in stabilization or manipulation of the price of any security of any CEMEX Party or any of the Capital SPVs or to facilitate the sale or resale of the New
Senior Secured Notes. 
 (h) The Capital SPV has not paid or agreed to pay to any person any compensation for soliciting another
to purchase any securities of a CEMEX Party or a Capital SPV (except as contemplated in this Agreement). 
 (i) In connection
with the Offers, the Capital SPV has complied, and will continue to comply, in all material respects with the applicable provisions of the Exchange Act and the Regulations, including, without limitation, Sections 10 and 14 of the Exchange Act and
Rules 10b-5 and l4e-l thereunder. 
 (j) There is no, and the execution, delivery and performance by the Capital SPV of this
Agreement, the Transaction Documents, as applicable, and the consummation of the transactions contemplated hereby and thereby do not and will not result in any, violation or default of (i) any provision of its organizational documents;
(ii) the terms of any indenture, contract, lease, mortgage, deed of trust, note agreement, loan agreement or other agreement, obligation, condition, covenant or instrument to which it is a party or bound or to which its property is subject; or
(iii) any statute, law, rule, regulation, judgment, order or decree applicable to the Capital SPV or any of its subsidiaries of any court, regulatory body, administrative agency, 

  
 21 

 
governmental body, arbitrator or other authority having jurisdiction over the Capital SPV or any of its subsidiaries or any of their respective properties, as applicable, except for such
violations or defaults which, individually or in the aggregate, would not reasonably be expected to have a Material Adverse Effect or materially adversely affect the consummation of the Offers. 

Any certificate signed by any officer of the Capital SPV or any of its subsidiaries and delivered to you or your counsel in connection
with the Offers shall be deemed a representation and warranty by such Capital SPV as to matters covered thereby, to each Dealer Manager. 
 5. Further Agreements of the CEMEX Parties. The CEMEX Parties, jointly and severally, covenant and agree with the Dealer Managers that: 

(a) The CEMEX Parties will qualify the New Senior Secured Notes for issuance and distribution under the securities or Blue Sky laws of
such jurisdictions as the Dealer Managers shall reasonably request and will continue such qualifications in effect so long as required for the offering and resale of the New Senior Secured Notes; provided that none of the CEMEX Parties shall be
required to (i) qualify as a foreign corporation or other entity or as a dealer in securities in any such jurisdiction where it would not otherwise be required to so qualify, (ii) file any general consent to service of process in any such
jurisdiction, (iii) subject itself to taxation in any such jurisdiction if it is not otherwise so subject, or (iv) otherwise incur unreasonable expense in connection with any such qualification. 

(b) While the New Senior Secured Notes remain outstanding and are “restricted securities” within the meaning of
Rule 144(a)(3) under the Securities Act, CEMEX will, during any period in which CEMEX is not subject to and in compliance with Section 13 or 15(d) of the Exchange Act, furnish to holders of the New Senior Secured Notes and prospective
purchasers of the New Senior Secured Notes designated by such holders, upon the request of such holders or such prospective purchasers, the information required to be delivered pursuant to Rule 144A(d)(4) under the Securities Act. 

(c) The CEMEX Parties will use reasonable efforts to cause the New Senior Secured Notes to be admitted to the official list of, and
traded on, the Irish Stock Exchange. 
 (d) The CEMEX Parties will assist the Dealer Managers in arranging for the New Senior
Secured Notes to be eligible for clearance and settlement through DTC, Euroclear and Clearstream, as applicable. 
 (e) The
CEMEX Parties will not, and will not permit any of their respective subsidiaries (as defined in Rule 144 under the Securities Act) to, resell any New Senior Secured Notes acquired by them prior to the first anniversary of the Exchange Date.

 (f) None of the CEMEX Parties nor any of their respective affiliates (as defined in Rule 501 under the Securities Act)
will, directly or through any agent, sell, offer for sale, solicit offers to buy or otherwise negotiate in respect of, any security (as defined in the Securities Act), that is or will be integrated with the sale of the New Senior Secured Notes in a
manner that would require registration of the New Senior Secured Notes under the Securities Act. 

  
 22 

 (g) None of the CEMEX Parties will take, directly or indirectly, any action designed to or
that could reasonably be expected to cause or result in any stabilization (as such term is used in Regulation M) or unlawful manipulation of the price of the New Senior Secured Notes. 

(h) Each certificate for a New Senior Secured Note will bear the legend contained in “Transfer Restrictions” in the applicable
Offering Memoranda for the time period and upon the other terms stated in the applicable Offering Memoranda. 
 (i) The Capital
SPVs will cause all Debentures tendered and accepted for exchange in the Offers to be cancelled; and New Sunward, following instructions, will cause an amount of Existing DCNs equal to the aggregate principal amount of the corresponding Debentures
validly tendered and accepted in the Offers to be cancelled. 
 (j) CEMEX Finance will cause all Eurobonds validly tendered and
accepted for exchange in the Offers to be cancelled. CEMEX Finance shall ensure that any such cancellation is in accordance with the rules of the Professional Securities Market of the London Stock Exchange on which the Eurobonds are issued and in
compliance with any other applicable UK legislation (including, but not limited to, the Listing Rules and the Disclosure Rules contained in the FSA Handbook). 
 (k) The CEMEX Parties will not extend, amend, waive any condition of or terminate any of the Offers, nor will the CEMEX Parties re-open the Offers within 45 days of the Settlement Date or the date of the
termination or withdrawal of the Offers, without giving prior notice thereof to the Dealer Managers. 
 (l) The CEMEX Parties
will not acquire (through prepayment, redemption, purchase or otherwise) any Debentures or Eurobonds prior to the time of settlement on the Exchange Date other than pursuant to the Offers, unless otherwise agreed to by the Dealer Managers.

 (m) The CEMEX Parties recognize and consent to the fact that the Dealer Managers (i) will use and rely primarily on the
Offering Document and the information provided pursuant to this Agreement in performing the services contemplated by this Agreement and (ii) do not make any representation or warranty as to the accuracy or completeness of the Offering Documents
or such other information. Each of the CEMEX Parties will promptly advise the Dealer Managers if any Offering Document or other such information becomes inaccurate in any material respect or is required to be updated. 

(n) The CEMEX Parties shall advise, or cause the Exchange Agents to advise the Dealer Managers before 5:00 p.m., New York City time, or
as promptly as reasonably practicable thereafter, daily or more frequently if requested as to major tally figures, by telephone or facsimile transmission or by furnishing the Dealer Managers with access to an Internet site established by the
Exchange Agents for such purposes with respect to: (i) the number of the Debentures and Eurobonds validly tendered on such day; (ii) upon request, the number of Debentures and Eurobonds defectively tendered on such day; (iii) the
number of the Debentures and Eurobonds validly tendered represented by certificates physically held by the 

  
 23 

 
Exchange Agents or for which the Exchange Agents have received confirmation of receipt of book entry transfer of such Debentures and Eurobonds into its account at a book entry transfer facility
pursuant to the procedures set forth in the applicable Offering Memorandum on such day; (iv) the number of Debentures and Eurobonds properly withdrawn on such day; (v) the cumulative totals of the number of Debentures and Eurobonds in
categories (i) through (iv) above; and (vi) upon request, the names and addresses of the registered owners of the Debentures and Eurobonds who have so tendered in the Offer. On the business day following any such oral communication,
the CEMEX Parties shall furnish, or cause the Exchange Agents to furnish, to the Dealer Managers a written or electronic report confirming the above information that has been communicated orally. The CEMEX Parties shall furnish, or cause the
Exchange Agents to furnish, to the Dealer Managers such reasonable information on the tendering Holders as may be requested by the Dealer Managers from time to time. 
 (o) The CEMEX Parties will advise you promptly upon (i) the occurrence of any downgrading or (ii) its receipt of notice of (A) any downgrading, (B) any intended or potential
downgrading or (C) any surveillance or review or any changed outlook that does not indicate an improvement in the rating accorded to the Debentures, Eurobonds, the New Senior Secured Notes or any securities of, or guaranteed by, CEMEX by any
“nationally recognized statistical rating organization,” as such term is defined by the Commission for purposes of Section 3(a)(62) under the 1934 Act. 
 (p) The CEMEX Parties shall or shall cause (i) the announcement relating to the issuance of the New Senior Secured Notes to be published in the Mercantile Registry’s Official Gazette
(Boletín Oficial del Registro Mercantil) and (ii) the public deed of issuance of the New Secured Senior Notes to be granted, filed with the Spanish tax authorities and registered with the Mercantile Registry of Madrid, in each
case on or prior to the Exchange Date. 
 6. Certain Agreements of the Dealer Managers. Each Dealer Manager (on its own
behalf and on behalf of any of its affiliates) represents and agrees to each CEMEX Party that: 
 (a) such Dealer Manager has
not solicited tenders and will not solicit the Holders of Debentures to exchange such Debentures in the Offers, Holders of Eurobonds to exchange such Eurobonds in the Offers or otherwise solicit any offer to buy or sell the New Senior Secured Notes
by means of any form of general solicitation or general advertising within the meaning of Rule 502(c) of Regulation D under the Securities Act or in any manner involving a public offering within the meaning of Section 4(2) of the
Securities Act and, in the case of any offer to buy or offer to sell the New Senior Secured Notes outside the United States, will only make such offers to persons such Dealer Manager reasonably believes to be persons other than U.S. persons in
reliance upon Regulation S under the Securities Act; and 
 (b) such Dealer Manager has not solicited tenders and will not
solicit the Holders of Debentures to exchange such Debentures in the Offers, Holders of Eurobonds to exchange such Eurobonds in the Offers or otherwise solicit any offer to buy the New Senior Secured Notes from or offer to sell the New Senior
Secured Notes to any person, (i) except a person it reasonably believes to be an “eligible holder” as defined on the cover page of the applicable Offering Memoranda and (ii) otherwise consistently with the notices set out in the
applicable Offering Memoranda under the heading “Notices to investors in certain jurisdictions.” 

  
 24 

 7. Conditions to Obligations of the Dealer Managers. The obligation of the Dealer
Managers as provided herein is subject to the performance by the CEMEX Parties and the Capital SPVs of their respective covenants and other obligations hereunder and to the following additional conditions: 

(a) The representations and warranties of the CEMEX Parties and the Capital SPVs shall be true and correct at the specified times during
the Offers and at the Exchange Date; and the statements of the CEMEX Parties, the Capital SPVs and their respective officers or attorneys-in-fact made in any certificates delivered pursuant to this Agreement shall be true and correct on and as of
the Commencement Date, the Early Participation Date and the Exchange Date, as applicable. 
 (b) No event or condition of a type
described in Section 3(o) hereof shall have occurred or shall exist, the effect of which in the reasonable judgment of the Dealer Managers makes it impracticable or inadvisable to proceed with the Offers on the terms and in the manner
contemplated by this Agreement and the Offering Documents. 
 (c) The Dealer Managers shall have received on and as of each of
the Commencement Date and the Exchange Date, a certificate of an executive officer or attorney-in fact of each of (i) the CEMEX Parties and (ii) if applicable, the Capital SPVs, in each case who has specific knowledge of such CEMEX
Party’s and such Capital SPV’s financial matters and is satisfactory to the Dealer Managers confirming that the representations and warranties of each of the CEMEX Parties and each of the Capital SPVs, as applicable, in this Agreement are
true and correct in all material respects and that each of the CEMEX Parties and each of the Capital SPVs have complied with all agreements and satisfied all conditions on their part to be performed or satisfied hereunder at or prior to the Exchange
Date, provided that any representation and warranty that is qualified as to “materiality,” “Material Adverse Effect” or similar language is true and correct (after giving effect to any qualification therein), provided,
that the certificate provided on the Exchange Date shall certify as to such matters at and as of the Early Participation Date and at and as of the Exchange Date. The officer or attorney-in fact signing and delivering such certificate shall do so
having made due enquiry and without personal liability to the Dealer Managers as a result thereof and may rely upon the best of his or her knowledge as to proceedings threatened. 

(d) On and as of each of the Commencement Date, Early Participation Date and Exchange Date, KPMG Cárdenas Dosal, S.C. shall have
furnished to the Dealer Managers, at the request of the CEMEX Parties, letters, dated the respective dates of delivery thereof and addressed to the Dealer Managers, in form and substance reasonably satisfactory to the Dealer Managers, containing
statements and information of the type customarily included in accountants’ “comfort letters” with respect to the financial statements and certain financial information contained or incorporated by reference in the Offering Documents;
provided that the letter delivered on the Exchange Date shall use a “cut-off’ date no more than five business days prior to the Exchange Date. 
 (e) On and as of each of the Commencement Date and Exchange Date, KPMG Auditores, S.L. shall have furnished to the Dealer Managers, at the request of the CEMEX Parties, letters, dated the respective dates
of delivery thereof and addressed to the Dealer Managers, in form and substance reasonably satisfactory to the Dealer Managers. 

  
 25 

 (f) Skadden, Arps, Slate, Meagher & Flom LLP, General Counsel for CEMEX, the
Secretary of the Board of Directors of CEMEX España, Warendorf, Ogier, Uría Menéndez Abogados, S.L.P., GHR Rechtsanwälte AG and Bonn Steichen Partners, counsel to the CEMEX Parties and the Capital SPVs, shall have furnished
to the Dealer Managers their written opinions (including, in the case of Skadden, Arps, Slate, Meagher & Flom LLP, its negative assurance statement), dated as of the Commencement Date and as of the Exchange Date and addressed to the Dealer
Managers, in form and substance reasonably satisfactory to the Dealer Managers, provided that the negative assurance statement of Skadden, Arps, Slate, Meagher & Flom LLP provided on the Exchange Date shall provide negative assurance
at and as of the Early Participation Date and at and as of the Exchange Date. 
 (g) The Dealer Managers shall have received
dated as of the Commencement Date and as of the Exchange Date, an opinion and a negative assurance statement, in each case of Sullivan & Cromwell LLP and Ritch Mueller, S.C., counsel for the Dealer Managers, with respect to such matters as
the Dealer Managers may reasonably request, and such counsel shall have received such documents and information as they may reasonably request to enable them to pass upon such matters, provided that the negative assurance statement of each of
Sullivan & Cromwell LLP and Ritch Mueller, S.C. provided on the Exchange Date shall provide negative assurance at and as of the Early Participation Date and at and as of the Exchange Date. 

(h) No action shall have been taken or threatened and no statute, rule, regulation or order shall have been enacted, adopted or issued by
any federal, state or foreign governmental or regulatory authority that would, as of the Commencement Date and as of the Exchange Date, render it, in your good faith judgment, inadvisable to continue with the commencement or consummation of the
Offers; and no injunction or order of any federal, state or foreign court shall have been issued that would, as of the Commencement Date and as of the Exchange Date, render it, in your good faith judgment, inadvisable to continue with the issuance
or distribution of the New Senior Secured Notes in exchange for the Debentures or Eurobonds. 
 (i) The Dealer Managers shall
have received (i) on and as of the Commencement Date and as of the Exchange Date, satisfactory evidence of the good standing (or equivalent concept) of each of the CEMEX Parties and (ii) with respect to the Debentures, on and as of the
Commencement Date and on and as of the Exchange Date, satisfactory evidence of the good standing (or equivalent concept) of each of the Capital SPVs, in each case in their respective jurisdictions of organization, in each case in writing or any
standard form of telecommunication, from the appropriate governmental authorities of such jurisdictions. 
 (j) The New Senior
Secured Notes shall be eligible for clearance and settlement through DTC, Euroclear and Clearstream. 
 (k) On the Exchange
Date, the Dealer Managers shall have received executed copies of each of the Transaction Documents (to the extent they have not already been received), and all such Transaction Documents shall be in full force and effect. 

  
 26 

 (l) On the Exchange Date, all conditions to the consummation of the Offers set forth in the
Offering Documents shall have been satisfied in all material respects or validly waived by CEMEX Parties or the Capital SPVs, as applicable, and all other transactions contemplated by the Offering Documents to be consummated simultaneously with or
prior to the consummation of the Offers shall have been consummated or shall be consummated simultaneously. 
 (m) On the
Exchange Date, in accordance with the terms of the Indenture and the applicable Security Documents, the Trustee for the benefit of the holders of the New Senior Secured Notes shall have received documentation in form and substance reasonably
satisfactory to the Dealer Managers evidencing the valid and perfected security interests in the Collateral as contemplated herein and in the Offering Documents. 
 (n) In addition, on or before the Commencement Date and the Exchange Date, you and your counsel shall have received such further documents, certificates and schedules relating to the business, corporate,
legal and financial affairs of the CEMEX Parties’ and the Offers as reasonably requested by you or your counsel. 
 All
opinions, letters, certificates and evidence mentioned above or elsewhere in this Agreement shall be deemed to be in compliance with the provisions hereof only if they are in form and substance reasonably satisfactory to counsel for the Dealer
Managers. 
 8. Indemnification and Contribution. In consideration of the engagement hereunder, the CEMEX Parties and the
Dealer Managers agree to the indemnification and contribution provisions set forth in Annex A hereto, which provisions are incorporated by reference herein and constitute a part hereof. 

9. Termination. This Agreement shall terminate upon the earlier to occur of (i) the consummation, termination or withdrawal
of the Offers and (ii) the date three months from February 15, 2012, and may be terminated by the CEMEX Parties or you at any time, with or without cause, effective upon receipt by the other party of written notice to that effect, provided
that with respect to clause (ii), such three month term may be extended, and this Agreement shall not terminate after the initial three-month term, by mutual agreement of the parties. 

10. Survival. The provisions of Sections 2, 3,4, 5, 8 (including Annex A hereto) 12, 13, 14, 15, 16, 17, 18 and 19
hereof shall remain operative and in full force and effect regardless of (i) any failure by CEMEX España, Luxembourg Branch to commence, or the withdrawal, termination or consummation of, any of the Offers, (ii) any investigation
made by or on behalf of any party hereto, (iii) any withdrawal by either of you as a Dealer Manager, and (iv) any termination of this Agreement. 
 11. Certain Defined Terms. For purposes of this Agreement, (a) except where otherwise expressly provided, the term “affiliate” has the meaning set forth in Rule 405 under the
Securities Act; (b) the term “business day” means any day other than a day on which banks are permitted or required to be closed in New York City; and (c) the term “subsidiary” has the meaning set forth in Rule 405
under the Securities Act; and (d) the term “significant subsidiary” has the meaning set forth in Rule 1-02 of Regulation S-X under the Exchange Act. The terms that follow, when used in this Agreement, shall have the meanings
indicated. 

  
 27 

 “Collateral” shall mean the security created or expressed to be created in
favor of the Security Agent pursuant to the Transaction Security Documents that consists of (i) shares of the following entities: CEMEX México; Centro Distribuidor de Cemento, S.A. de C.V.; Mexcement Holdings S.A. de C.V.;
Corporación Gouda, S.A. de C.V.; New Sunward Holding; CEMEX Trademarks Holding Ltd and CEMEX España; and (ii) all proceeds thereof. 
 “Exchange and Information Agent Agreements” shall mean (i) the Exchange Agent & Information Agent Agreement, dated January 25, 2012, among Global Bondholder Services
Corporation and CEMEX, and (ii) the Exchange and Information Services Letter, dated January 19, 2012, among Lucid Issuer Services Limited and CEMEX, collectively. 
 “Financing Agreement” shall mean the Financing Agreement dated August 14, 2009, as amended, between CEMEX, the Financial Institutions and Noteholders named therein, as participating
creditors, Citibank International PLC, as administrative agent and Wilmington Trust (London) Limited, as security agent. 

“Intercreditor Agreement” shall mean the Intercreditor Agreement dated August 14, 2009, as amended, between Citibank
International PLC, as administrative agent, the participating creditors named therein, CEMEX and certain of its subsidiaries named therein, as original borrowers, original guarantors and original security providers, Wilmington Trust (London)
Limited, as security agent, and others. 
 “Mexican FRS” shall mean the Mexican financial reporting standards
(Normas de Información Financiera aplicables en Mexico) as in effect from time to time issued by the Mexican Financial Reporting Standards Board (Consejo Mexicano para la Investigación y Desarrollo de Normas de
Información Financiera) or the international financial reporting standards, starting from January 1, 2012. 

“Regulation D” shall mean Regulation D under the Securities Act. 

“Regulation S” shall mean Regulation S under the Securities Act. 

“Security Agent” shall mean Wilmington Trust (London) Limited, as security agent under the Financing Agreement.

 “Transaction Security Documents” means any document, as amended from time to time, entered by any of CEMEX or
its subsidiaries creating or expressed to create any security over all or any part of its assets in respect of their obligations under the Financing Agreement or any other document derived therefrom, or in connection therewith. 

  
 28 

 12. Notices. All notices and other communications required or permitted to be given
under this Agreement shall be in writing and shall be given (and shall be deemed to have been given upon receipt) by delivery in person, by telecopy, by telex or by registered or certified mail (postage prepaid, return receipt requested) to the
applicable party at the addresses indicated below: 
  

	 	(a)	if to JPMS: 

 J.P. Morgan
Securities LLC 
 383 Madison Avenue 
 New York, NY 10178 
 Telecopy No.: (212) 834-6618 

Confirmation No.: (212) 834-5402 
 Attention: Latin America Debt Capital Markets 
 with a copy to: 

Sullivan & Cromwell LLP 
 125 Broad Street 
 New York, NY 10004 

Telecopy No.: (212) 291-9049 
 Confirmation No.: (212) 558-4349 
 Attention: John Estes 

 

	 	(b)	if to JPMSL: 

 J.P. Morgan
Securities Ltd. 
 125 London Wall 
 London EC2Y 5AJ 
 Telecopy No.: +44 (0) 207 325 8240 

Attention: Head of EMEA Debt Capital Markets Group, Legal 
 with a copy to: 
 Sullivan & Cromwell LLP 

125 Broad Street 

New York, NY 10004 
 Telecopy No.: (212) 291-9049 
 Confirmation No.: (212) 558-4349

 Attention: John Estes 

  
 29 

	 	(c)	if to MLPF&S: 

 Merrill
Lynch, Pierce, Fenner and Smith Incorporated 
 1 Bryant Park 

New York, NY 10036 
 Telecopy No.: (917) 267-7085 
 Confirmation No.: (646) 855-0748

 Attention: High Yield Legal 
 with a copy to: 
 Sullivan & Cromwell LLP 

125 Broad Street 

New York, NY 10004 
 Telecopy No.: (212) 291-9049 
 Confirmation No.: (212) 558-4349

 Attention: John Estes 
  

	 	(d)	if to MLI: 

 Merrill Lynch
International 
 2 King Edward Street 
 London EC1A 1HQ 
 Telecopy No.: +44 20 7995 8582 

Confirmation No.: +44 20 7995 2324 
 Attention: Liability Management Group – John M. Cavanagh / 
 Tommaso
Gros-Pietro 
 with a copy to: 
 Sullivan & Cromwell LLP 
 125 Broad Street 

New York, NY 10004 
 Telecopy No.: (212) 291-9049 
 Confirmation No.: (212) 558-4349

 Attention: John Estes 
  

	 	(e)	if to the CEMEX Parties or the Capital SPVs: 

 CEMEX, S.A.B. de C.V. 
 Av. Ricardo Margain Zozaya #325 

Colonia. Valle del Campestre, Garza García 
 Nuevo León, Mexico 66265 
 Telecopy No.: +52-81-8888-4399 

Attention: Legal Department 

  
 30 

 with copies to: 
 CEMEX, S.A.B. de C.V. 
 Av. Ricardo Margain Zozaya #325 

Colonia. Valle del Campestre, Garza García 
 Nuevo León, Mexico 66265 
 Telecopy No.: +52-81-8888-4519 

Attention: Back Office Operations 
 and 
 Skadden, Arps, Slate, Meagher & Flom LLP 

Four Times Square 

New York, NY 10036 
 Telecopy No.: (917) 777-2918 
 Confirmation No.: (212) 735-2918

 Attention: Gregory A. Fernicola 
 13. Governing Law; Waiver of Jury Trial. This Agreement, and any claim, controversy or dispute relating to or arising out of this Agreement, shall be governed by and construed in accordance with
the laws of the State of New York. The CEMEX Parties, the Capital SPVs and you irrevocably agree to waive trial by jury in any action, proceeding, claim or counterclaim brought by or on behalf of any party related to or arising out of this Agreement
or the performance of services hereunder. 
 14. Submission to Jurisdiction. Each of the parties hereto hereby agrees
that any suit, action or proceeding arising out of or based upon this Agreement or the transactions contemplated hereby may be instituted in any State or U.S. federal court in The City of New York and County of New York and in the courts of its own
corporate domicile in respect of actions brought against such party as a defendant, and waives any objection which it may now or hereafter have to the laying of venue of any such proceeding, and irrevocably submits to the jurisdiction of such courts
in any suit, action or proceeding and waives the right to any other jurisdiction that it may be entitled to by reason of its present or future domicile or other reason. Each of the CEMEX Parties and Capital SPVs, hereby appoints CEMEX NY
Corporation, 590 Madison Avenue, 41st Floor, New York, NY 10022, as its authorized agent (the “Authorized Agent”) upon whom process may be served in any suit, action or proceeding arising out of or based upon this Agreement or the
transactions contemplated herein that may be instituted in any of such courts. Each of the parties appointing the Authorized Agent as provided herein hereby represents and warrants that the Authorized Agent has accepted such appointment and has
agreed to act as said agent for service of process, and the CEMEX Parties and the Capital SPVs agree to take any and all action, including the execution and filing of any and all documents that may be necessary to continue such appointment in full
force and effect as aforesaid. Service of process upon the Authorized Agent shall be deemed, in every respect, effective service of process upon each of the CEMEX Parties and the Capital SPVs. 

  
 31 

 15. Waiver of Immunities. To the extent that the CEMEX Parties or any of their
respective properties, assets or revenues may have or may hereafter become entitled to, or have attributed to them, any right of immunity, on the grounds of sovereignty, from any legal action, suit or proceeding, from set-off or counterclaim, from
the jurisdiction of any court, from service of process, from attachment upon or prior to judgment, or from attachment in aid of execution of judgment, or from execution of judgment, or other legal process or proceeding for the giving of any relief
or for the enforcement of any judgment, in any jurisdiction in which proceedings may at any time be commenced, with respect to their obligations, liabilities or any other matter under or arising out of or in connection with this Agreement, the CEMEX
Parties hereby irrevocably and unconditionally, to the extent permitted by applicable law, waives and agrees not to plead or claim any such immunity and consents to such relief and enforcement. 

16. Foreign Taxes. All payments by the CEMEX Parties to any of the Dealer Managers hereunder shall be made in U.S. Dollars, free
and clear of, and without any deduction or withholding for or on account of, any and all present and future income, stamp or other taxes, levies, imposts, duties, charges, fees, deductions or withholdings, now or hereinafter imposed, levied,
collected, withheld or assessed by any jurisdiction in which the CEMEX Parties have an office from which payment is made or deemed to be made, excluding (i) any such tax imposed by reason of the Dealer Managers having some connection with any
such jurisdiction other than its participation as Dealer Manager hereunder, and (ii) any income or franchise tax on the overall net income of a Dealer Manager imposed by the United States or by the State of New York or the United Kingdom or any
political subdivision of the United States or of the State of New York or of the United Kingdom (all such non-excluded taxes, “Foreign Taxes”). If the CEMEX Parties are prevented by operation of law or otherwise from paying, causing
to be paid or remitting that portion of amounts payable hereunder represented by Foreign Taxes withheld or deducted, then amounts payable under this Agreement shall, to the extent permitted by law, be increased to such amount as is necessary to
yield and remit to the Dealer Managers an amount which, after deduction of all Foreign Taxes (including all Foreign Taxes payable on such increased payments) equals the amount that would have been payable if no Foreign Taxes applied. The CEMEX
Parties agree to provide the Dealer Managers with any reasonably requested evidence of the due and timely payment of any such taxes or withholdings. Any Dealer Manager that is entitled to an exemption from or reduction of withholding tax under the
law of the jurisdiction in which CEMEX España, Luxembourg Branch is located, or any treaty to which such jurisdiction is a party, with respect to payments under this Agreement shall deliver to CEMEX España, Luxembourg Branch, at the
time or times prescribed by applicable law, such properly completed and executed documentation prescribed by applicable law or reasonably requested by CEMEX España, Luxembourg Branch as will permit such payments to be made without withholding
or at a reduced rate; provided, that CEMEX España, Luxembourg Branch shall withhold the corresponding taxes and shall not pay any additional amounts to compensate the Dealer Managers to the extent such additional amounts are payable due to
the failure by the Dealer Managers to provide such documentation. If the CEMEX Parties make an increased payment as set forth above and the Dealer Managers subsequently determine, in their sole discretion, that they have obtained, utilized and
retained a refund of taxes or credit against taxes by reason of the CEMEX Parties making such a withholding or payment on account, the Dealer Managers shall reimburse the appropriate CEMEX Parties the amount of the withholding or payment on account
made by the latter, net of all out-of-pocket expenses of the Dealer Managers and without interest (other than any interest paid by the relevant governmental authority; 

  
 32 

 
provided, that the CEMEX Parties, upon the request of the Dealer Managers, agree to repay the amount paid over to the CEMEX Parties (plus any penalties, interest or other charges imposed by the
relevant governmental authority) to the Dealer Managers in the event the Dealer Managers are required to repay such refund to such governmental authority. This Section shall not be construed to require the Dealer Managers to make available their tax
returns (or any other information relating to their taxes which it deems confidential) to the CEMEX Parties or any other person. 
 17. Currency. Any payment on account of an amount that is payable to the Dealer Managers in a particular currency (the “Required Currency”) that is paid to or for the account of
the Dealer Managers in lawful currency of any other jurisdiction (the “Other Currency”), whether as a result of any judgment or order or the enforcement thereof or the liquidation of any of the CEMEX Parties or for any other reason
shall constitute a discharge of the obligation of such obligor only to the extent of the amount of the Required Currency which the recipient could purchase in the New York foreign exchange markets with the amount of the Other Currency in accordance
with normal banking procedures at the rate of exchange prevailing on the first day (other than a Saturday or Sunday) on which banks in New York are generally open for business following receipt of the payment first referred to above. If the amount
of the Required Currency that could be so purchased (net of all premiums and costs of exchange payable in connection with the conversion) is less than the amount of the Required Currency originally due to the recipient, then each of the CEMEX
Parties shall jointly and severally indemnify and hold harmless the recipient from and against all loss or damage arising out of or as a result of such deficiency. This indemnity shall constitute an obligation separate and independent from the other
obligations of the CEMEX Parties, shall give rise to a separate and independent cause of action, shall apply irrespective of any indulgence granted by any person owed such obligation from time to time and shall continue in full force and effect
notwithstanding any judgment or order for a liquidated sum in respect of an amount due hereunder or any judgment or order. 

18. Benefit. This Agreement, including any right to indemnity or contribution hereunder and Annex A hereto, shall inure to the
benefit of and be binding upon the CEMEX Parties, the Capital SPVs, the Dealer Managers and the other Indemnified Persons, and their respective successors and assigns. Subject to the foregoing, nothing in this Agreement is intended, or shall be
construed, to give to any other person or entity any right hereunder or by virtue hereof. 
 19. Miscellaneous. This
Agreement contains the entire agreement between the parties relating to the subject matter hereof and supersedes all prior understandings, agreements and arrangements, written or oral, with respect thereto. This Agreement may not be amended or
modified except by a writing executed by each of the parties hereto. Section headings herein are for convenience only and are not a part of this Agreement. In the event that any provision hereof shall be determined to be invalid or
unenforceable in any respect, such determination shall not affect such provision in any other respect or any other provision hereof, which shall remain in full force and effect. This Agreement may not be assigned by any party hereto without the
prior written consent of each other party. None of the parties hereto shall be responsible or have any liability to any other party for any indirect, special or consequential damages arising out of or in connection with this Agreement or the
transactions contemplated hereby, even if advised of the possibility thereof. This Agreement may be executed in counterparts, each of which will be deemed an original, but all of which taken together will constitute one and the same instrument.

  
 33 

 Please indicate your willingness to act as Dealer Managers and your acceptance of the
foregoing provisions by signing in the space provided below for that purpose and returning to us a copy of this Agreement so signed, whereupon this Agreement and your acceptance shall constitute a binding agreement among each of the CEMEX Parties,
the Capital SPVs and you. 

  
 34 

 
			
	Very truly yours,
	
	CEMEX, S.A.B. de C.V.
		
	By:	 	 /s/ José Antonio González Flores

		 	Name: José Antonio González Flores
		 	Title: Attorney-in-Fact
	
	CEMEX México, S.A. de C.V.
		
	By:	 	 /s/ Héctor José Vela Dib

		 	Name: Héctor José Vela Dib
		 	Title: Attorney-in-Fact
	
	New Sunward Holding B.V.
		
	By:	 	 /s/ Héctor José Vela Dib

		 	Name: Héctor José Vela Dib
		 	Title: Attorney-in-Fact
	
	New Sunward Holding Financial Ventures, B.V.
		
	By:	 	 /s/ Agustín Blanco

		 	Name: Agustín Blanco
		 	Title: Attorney-in-Fact
	
	CEMEX Finance Europe B.V.
		
	By:	 	 /s/ Agustín Blanco

		 	Name: Agustín Blanco
		 	Title: Attorney-in-Fact

  
 35 

 
			
	CEMEX España, S.A., Luxembourg Branch
		
	By:	 	 /s/ Héctor José Vela Dib

		 	Name: Héctor José Vela Dib
		 	Title: Attorney-in-Fact
		
	By:	 	 /s/ Agustín Blanco

		 	Name: Agustín Blanco
		 	Title: Attorney-in-Fact
	
	C5 Capital (SPV) Limited
		
	By:	 	 /s/ Ogier Managers (BVI) Limited

		 	Name: Ogier Managers (BVI) Limited
		 	Title: Sole Director
	
	C8 Capital (SPV) Limited
		
	By:	 	 /s/ Ogier Managers (BVI) Limited

		 	Name: Ogier Managers (BVI) Limited
		 	Title: Sole Director
	
	C10-EUR Capital (SPV) Limited
		
	By:	 	 /s/ Ogier Managers (BVI) Limited

		 	Name: Ogier Managers (BVI) Limited
		 	Title: Sole Director
	
	C10 Capital (SPV) Limited
		
	By:	 	 /s/ Ogier Managers (BVI) Limited

		 	Name: Ogier Managers (BVI) Limited
		 	Title: Sole Director

  
 36 

			
	Accepted as of the date first above written:
	
	J.P. MORGAN SECURITIES LLC
		
	By:	 	 /s/ Roberto D’Avola

		 	Name: Roberto D’Avola
		 	Title: Executive Director
	
	J.P. MORGAN SECURITIES LTD.
		
	By:	 	 /s/ Roberto D’Avola

		 	Name: Roberto D’Avola
		 	Title: Executive Director
	
	
MERRILL LYNCH, PIERCE, FENNER & SMITH
             
             INCORPORATED

		
	By:	 	 /s/ Laurent Massart

		 	Name: Laurent Massart
		 	Title: Managing Director
	
	MERRILL LYNCH INTERNATIONAL
		
	By:	 	 /s/ John Cavanagh

		 	Name: John Cavanagh
		 	Title: Managing Director

  
 37 

 ANNEX A 
 Capitalized terms used but not defined in this Annex A have the meanings assigned to such terms in the Dealer Manager Agreement to which this Annex A is attached (the “Agreement”).

 The CEMEX Parties jointly and severally agree to indemnify and hold harmless each of the Dealer Managers, its affiliates and their respective
officers, directors, employees, agents of and each other entity or person, if any, controlling (within the meaning of either Section 15 of the Securities Act or Section 20 of the Exchange Act) the Dealer Managers or any such other persons
(each an “Indemnified Person”) from and against any and all losses, claims, damages and liabilities (or actions or proceedings in respect thereof), whether or not in connection with pending or threatened litigation to which the
Dealer Managers (or any other Indemnified Person) may be a party, in each case as such expenses are incurred or paid, (i) arising out of or based upon (A) any untrue statement or alleged untrue statement of a material fact contained in the
Offering Documents (or any Additional Material), or any omission or alleged omission to state therein a material fact required to be stated therein or necessary in order to make the statements therein not misleading, (B) any breach by the CEMEX
Parties of any representation or warranty or failure to comply with any of the agreements set forth in the Agreement, or (C) any withdrawal, termination, rescission or modification of the Offers, or the failure to issue New Senior Secured Notes
for Debentures or Eurobonds, as the case may be, tendered pursuant to the Offers by CEMEX España, Luxembourg Branch or (ii) otherwise arising out of, relating to or in connection with the Offers, the transactions contemplated by the
Agreement or the engagement of, and services performed by, the Dealer Managers under the Agreement, or any claim, litigation, investigation (including any governmental or regulatory investigation) or proceedings relating to the foregoing
(“Proceedings”) regardless of whether any of such Indemnified Persons is a party thereto, and to reimburse such Indemnified Persons for any and all reasonable expenses (including, without limitation, reasonable and documented fees
and disbursements of counsel and other out-of-pocket expenses) as they are incurred in connection with investigating, responding to or defending any of the foregoing, provided that (a) the indemnification in clause (i)(A) above will not,
as to any Indemnified Person, apply to losses, claims, damages, liabilities or expenses to the extent that they are derived from any untrue statement or alleged untrue statement of a material fact contained in the Offering Documents (or any
Additional Material), or any omission or alleged omission to state therein a material fact required to be stated therein or necessary in order to make the statements therein not misleading, made in reliance upon and in conformity with information
furnished in writing to any of the CEMEX Parties by any of the Dealer Managers specifically for inclusion therein (which for purposes of this proviso consists solely of the name and address of each Dealer Manager) and (b) the indemnification in
clause (ii) above will not, as to any Indemnified Person, apply to losses, claims, damages, liabilities or expenses to the extent that they are finally judicially determined to have resulted primarily from the bad faith, gross negligence or
willful misconduct of such Indemnified Person. 
 If for any reason the foregoing indemnification is unavailable to any Indemnified Person or
insufficient to hold it harmless, then the CEMEX Parties, jointly and severally, shall contribute to the amount paid or payable by such Indemnified Person as a result of such loss, 

  
 A-1

 
claim, damage, liability or expense (i) in such proportion as is appropriate to reflect the relative benefits received by the CEMEX Parties, on the one hand, and by the Dealer Managers, on
the other hand, from the Offers and the transactions contemplated thereby, or (ii) if the allocation provided by the foregoing clause (i) is not permitted by applicable law, in such proportion as is appropriate to reflect not only the
relative benefits referred to in the foregoing clause (i), but also the relative fault of the CEMEX Parties, on the one hand, and of the Dealer Managers, on the other hand, in connection with the statements, actions, or omissions which resulted in
such loss, claim, damage, liability or expense, as well as any other relevant equitable considerations. The relative benefits received by the CEMEX Parties on the one hand and by the Dealer Managers on the other hand shall be deemed to be in the
same proportion as (i) the aggregate principal amount of the Debentures and Eurobonds bears to (ii) the aggregate fee paid to the Dealer Managers pursuant to Section 2(a) of the Agreement. The relative fault of the CEMEX Parties on
the one hand and of the Dealer Managers on the other hand (i) in the case of an untrue or alleged untrue statement of a material fact or an omission or alleged omission to state a material fact, shall be determined by reference to, among other
things, whether such statement or omission relates to information supplied by the CEMEX Parties or by the Dealer Managers and the parties’ relative intent, knowledge, access to information, and opportunity to correct or prevent such statement
or omission, and (ii) in the case of any other action or omission, shall be determined by reference to, among other things, whether such action or omission was taken or omitted to be taken by the CEMEX Parties or by the Dealer Managers and the
parties’ relative intent, knowledge, access to information, and opportunity to prevent such action or omission. The CEMEX Parties and the Dealer Managers agree that it would not be just and equitable if contribution pursuant to this Annex A
were determined by pro rata allocation or by any other method of allocation which does not take account of the equitable considerations referred to in this paragraph. The amount paid or payable by an Indemnified Person as a result of the losses,
claims, damages, liabilities or expenses referred to in this paragraph shall be deemed to include, subject to the limitations set forth above, any legal or other reasonable expenses incurred by such Indemnified Person in connection with
investigating or defending any such action or claim. 
 Promptly after the receipt by an Indemnified Person of notice of the commencement of any
Proceedings, such Indemnified Person will, if a claim is to be made hereunder against the CEMEX Parties in respect thereof, notify the CEMEX Parties in writing of the commencement thereof; provided that (i) the failure to so notify the
CEMEX Parties will not relieve the CEMEX Parties from any liability which it may have hereunder except to the extent it has been materially prejudiced (through forfeiture of substantive rights or defenses) by such failure and (ii) the failure
to so notify the CEMEX Parties will not relieve the CEMEX Parties from any liability which it may have to an Indemnified Person otherwise than on account of this indemnity agreement. In case any such Proceedings are brought against any Indemnified
Person and it notifies the CEMEX Parties of the commencement thereof, the CEMEX Parties will be entitled to participate therein and, to the extent that the CEMEX Parties may elect by written notice delivered to such Indemnified Person, to assume the
defense thereof, with counsel reasonably satisfactory to such Indemnified Person, provided that if the defendants in any such Proceedings include both such Indemnified Person and the CEMEX Parties and such Indemnified Person shall have
concluded that there may be legal defenses available to it which are different from or additional to those available 

  
 A-2

 
to the CEMEX Parties, such Indemnified Person shall have the right to select separate counsel to assert such legal defenses and to otherwise participate in the defense of such Proceedings on
behalf of such Indemnified Person. Upon receipt of notice from the CEMEX Parties to such Indemnified Person of their election so to assume the defense of such Proceedings and approval by such Indemnified Person of counsel, the CEMEX Parties shall
not be liable to such Indemnified Person for expenses incurred by such Indemnified Person in connection with the defense thereof (other than reasonable costs of investigation) unless (i) such Indemnified Person shall have employed separate
counsel in connection with the assertion of legal defenses in accordance with the proviso to the immediately preceding sentence (it being understood, however, that the CEMEX Parties shall not be liable for the expenses of more than one separate
counsel (in addition to any local counsel), approved by such Indemnified Person, representing the Indemnified Persons who are parties to such Proceedings), (ii) the CEMEX Parties shall not have employed counsel reasonably satisfactory to such
Indemnified Person to represent such Indemnified Person within a reasonable time after notice to the CEMEX Parties of commencement of the Proceedings, or (iii) the CEMEX Parties have authorized in writing the employment of counsel for such
Indemnified Person. 
 None of the CEMEX Parties shall be liable for any settlement of any Proceedings effected without the CEMEX Parties’
written consent (which consent shall not be unreasonably withheld or delayed), but if settled with the CEMEX Parties’ written consent or if there be a final judgment for the plaintiff in any such Proceedings, the CEMEX Parties, jointly and
severally, agree to indemnify and hold harmless each Indemnified Person from and against any and all losses, claims, damages, liabilities and expenses by reason of such settlement or judgment. Notwithstanding the foregoing sentence, if at any time
an Indemnified Person shall have requested that the CEMEX Parties reimburse such Indemnified Person for legal or other expenses in connection with investigating, responding to or defending any Proceedings as contemplated by this Annex A, the CEMEX
Parties shall be jointly and severally liable for any settlement of any Proceedings effected without the CEMEX Parties’ written consent if (i) such settlement is entered into more than 30 days after receipt by the CEMEX Parties of
such request for reimbursement and (ii) the CEMEX Parties shall not have reimbursed such Indemnified Person in accordance with such request prior to the date of such settlement. None of the CEMEX Parties shall, without the prior written consent
of an Indemnified Person, effect any settlement of any pending or threatened Proceedings in respect of which indemnification could have been sought hereunder by such Indemnified Person, unless such settlement (i) includes an unconditional
release of such Indemnified Person, in form and substance satisfactory to such Indemnified Person, from all liability on claims that are the subject matter of such Proceedings and (ii) does not include any statement as to or any admission of
fault, culpability or a failure to act by or on behalf of any Indemnified Person. 
 The indemnity, reimbursement and contribution obligations
of the CEMEX Parties under this Annex A shall be in addition to any liability which the CEMEX Parties may otherwise have to an Indemnified Person and shall be binding upon and inure to the benefit of any successors, assigns, heirs and personal
representatives of the CEMEX Parties and any Indemnified Person. 

  
 A-3

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00203-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00203-of-00352.parquet"}]]