The Power of Agility

29 Illustrative Adjusted EBITDA and free cash flow capabilities assumptions 1 Adjusted EBITDA reflects Methanex's proportionate ownership interest. Approximately 65% of our current North American and ~30% of incremental Geismar 3 natural gas requirements are under fixed price contracts or hedges. The unhedged portion of our North American natural gas requirements are purchased under contracts at spot prices. Estimates assume Henry Hub natural gas price of $3.25/mmbtu. The Adjusted EBITDA figures are adjusted for approximately $50 million of non-cash impact from the sale of 40% minority interest in the Waterfront Shipping subsidiary to Mitsui O.S.K. Lines, Ltd that closed on February 1, 2022. This transaction had an insignificant impact on the free cashflow figures. 2 Free cash flow capability is after lease payments, cash interest (based on current debt levels), debt service, maintenance capital, estimated cash taxes and other cash payments. Various factors including rising/declining methanol prices, planned and unplanned production outages, production mix, changes in tax rates, and other items can impact actual free cash flow. Incremental free cash flow from G3 is presented net of estimated maintenance capital. G3 is presented with zero cash tax due to the significant tax shelter available to it. 3 Assumes all existing plants operate at full capacity and idle assets return to production. Incremental gas costs, capex, logistics and tax rates are assumed to be the same as existing production capacity on a per tonne basis. APPENDIX methanex the power of agility

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