CEMEX Holdings Philippines, Inc.

CEMEX Holdings Philippines, Inc., a subsidiary of CEMEX Asian South East Corporation (“CASEC”), was incorporated as a stock corporation on September 17, 2015 under Philippine laws with a corporate life of fifty (50) years, primarily to invest in or purchase real or personal property; and to acquire and own, hold, use, sell, assign, transfer, mortgage all kinds of properties such as shares of stock, bonds, debentures, notes, or other securities and obligations; provided that it shall not engage either in the stock brokerage business or in the dealership of securities, and in the business of an open-end investment company as defined in Republic Act 2629, Investment Company Act. CASEC is a wholly-owned indirect subsidiary of CEMEX España, S.A., which in turn is indirectly owned by CEMEX, S.A.B. de C.V. (“CEMEX”), a company incorporated in Mexico with address of its principal executive office at Avenida Ricardo Margain Zozaya #325, Colonia Valle del Campestre, Garza Garcia, Nuevo León, Mexico. CEMEX is one of the largest cement companies in the world based on annual installed cement production capacity. The shares of CEMEX are listed on the Mexican Stock Exchange under the symbol "CEMEXCPO" and the New York Stock Exchange under the symbol "CX". On January 1, 2016, CEMEX Holdings Philippines, Inc. acquired, directly and indirectly through intermediate holding companies, a 100% equity interest in each of APO Cement and Solid Cement. As of 2016, APO Cement’s cement production plant, located in Naga City, Cebu, has three grinding lines with an installed annual capacity of 3.8 million tonnes of cement. APO Cement's plant principally serves the Visayas and Mindanao regions through its marine and land distribution network. As of 2016, Solid Cement’s cement production plant, located in Antipolo City, Rizal, has three grinding lines with an installed annual capacity of 1.9 million tonnes of cement. Solid Cement’s plant principally serves the National Capital Region.