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Investor Presentaiton

15 Price response required to incentivize new low-carbon methanol production Current production costs for bio- and e-methanol USD $/tonne of methanol* In the long-term we expect methanol pricing will respond to incent investment as demand for low and zero carbon methanol increases from market segments with Scope 3 emission goals The cost for lower emission methanol is expected to decrease as technologies mature and become scalable $1,620 $1,013 $455 $820 E-methanol - CO2 from combined renewable source Biomethanol < USD 6-15/GJ feedstock cost Source: 2021 Irena Report *Exchange rate used USD 1 EUR 0.9 $2,380 $1,120 E-methanol - CO2 from direct air capture only 5-year nominal methanol price trading range (~$200-400/MT) methanex the power of agility
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