What happens to appreciation warrants and ADWs tendered prior to receiving the revised terms of the offer?
applicable withdrawal procedures described under “The Offer—3. Withdrawal Rights” prior to the expiration of the offer. With respect to the odd lot provisions of the revised offer described in this document, if you tendered fewer than 100 appreciation warrants or 20 ADWs prior to your receipt of this document, you will be deemed to be an “odd lot” holder for purposes of the offer and you will not be required to withdraw and re-submit your existing tender to certify to that fact. If you wish to revise the terms of your tender, you will need to withdraw your existing tender and validly re-submit your revised tender, in each case prior to the expiration of the offer. A copy of this document describing the revised terms of the offer is being distributed to all holders of appreciation warrants and ADWs of record as of the date of this document and to all persons who have tendered their appreciation warrants or ADWs in the offer prior to the date of this document. What does CEMEX’s board of
