Methanex Project Overview

Consistent capital allocation priorities with emphasis on financial flexibility Disciplined capital allocation framework... 1 Essential 2 Profitable growth 3 Shareholder distributions Debt service ~$100M lease principal payments ~$160M interest, debt repayment Maintenance capital ~$120M per year Pursue value accretive growth opportunities Strong track record of and continued commitment to returning excess cash to shareholders ...with increased emphasis on financial flexibility Maintain a strong and flexible balance sheet 1. Target higher cash balances Maintain a minimum $300M+ of cash plus remaining G3 capital costs on balance sheet; $300-500M post G3 construction 2. Target lower leverage Deleverage over the coming years; next debt maturity in 2024 Target 3x debt/EBITDA at methanol prices ~$275-$300/tonne 3. Return excess cash to shareholders through a sustainable dividend with greater weighting on flexible vehicles for distributions such as share buybacks 24 224 methanex the power of agility

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