Investor Presentation March 2024

Firm capacity additions unlikely to meet growing demand in the mid-term Estimated Methanol Industry Net Capacity Additions 8.0 7.0 6.0 5.0 4.0 3.0 2.0 New capacity additions Besides G3, limited firm capacity addition expected in the Atlantic market. Firm additions outside the Atlantic include a 1.8 mmt plant in Malaysia in 2024 and plants in Iran and China. New capacity is needed to meet demand growth; greenfield projects typically take 4 to 5 years from FID to commercial production Mid-term methanol price outlook Higher methanol prices and tight market conditions supported by: 1.0 0.0 2022 2023 2024 US Iran 2025 China ■ Others 2026 Source: OPIS (Chemical Market Analytics) World Analysis, Fall 2023 Update. *Capacity calculated on a pro-rata basis depending on the actual start-up timing. Firm capacity additions not sufficient to meet forecasted demand, operating rate improvements required. 15 Methanex | The Global Methanol Leader | Investor Presentation March 2024 2027 2028 Firm Capacity Addition Growing methanol demand • Structural industry supply challenges • Supportive energy prices methanex the power of agility

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