Investor Presentation March 2024 slide image

Investor Presentation March 2024

17 Demand growth expected to outpace capacity additions in the mid-term requiring operating rates to increase; structural operating rate limits make this challenging Structural operating rate limits impacting over 50% of global capacity China - impacted by feedstock availability and environmental restrictions Iran - new plants have consistently run on an intermittent basis due to technical issues and natural gas constraints in the winter Trinidad + Europe - impacted by feedstock economics MMT 140 120 100 80 60 40 ~3.5% CAGR or +17 mmt demand growth over next five years Operating rate 78% 76% 74% - 72% 70% 68% 66% 64% 62% 60% 20 58% Factors impacting operating rates 56% 0 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 . • Feedstock availability and higher energy prices Technical issues I Global methanol demand Operating rate required to balance the market Geopolitical challenges Environmental restrictions Methanex | The Global Methanol Leader | Investor Presentation March 2024 Source: OPIS (Chemical Market Analytics) World Analysis, Fall 2023 Update. Operating rate excludes hypothetical capacity that OPIS builds into forecast to balance the market methanex the power of agility
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