The Power of Agility

18 Focused cost discipline Our low-cost structure enables us to provide secure supply to our customers and create value throughout the cycle Natural gas Flexible cost structure as approximately 60% of our natural gas supply contracts are linked to methanol prices: North America: ~65% of current natural gas requirements under fixed price contracts or hedges Rest of world: natural gas price varies based on methanol prices which enables assets to be competitive across a wide range of methanol prices Natural gas prices vary with methanol pricing Natural gas ~50% Logistics ~25% Logistics Fleet of 30 leased and owned vessels supplemented with short-term COA vessels and spot vessel shipments Integrated supply chain allows benefit of back-haul shipments Network of owned and leased terminals worldwide Various in-region logistics capabilities including barge, rail, truck and pipeline Logistics costs vary based on oil/bunker fuel prices Other ~25% Fixed + variable manufacturing and G&A costs Costs include people, utilities (oxygen, CO2, power, etc.), and other variable costs methanex the power of agility

View entire presentation