OCI Ramp-Up of Methanol Capacity

OCI ...and Also Strong Position on the Methanol Global Cost Curve Methanol global cost curve - Sep-2019 MeOH delivered cash cost to coastal China main ports (net available capacity)¹ Low cost position attributable to advantageous access to feedstock and distribution infrastructure US$ per metric ton $600 $500 $400 $300- China Adjusted Import Prices (CFR plus duty, throughput) $200 OCI BioMCN BEAUMONT $100- natgasoline $0 0 10,000 20,000 2019E China demand China Adjusted Domestic Prices (Avg East/South China less VAT) 30,000 40,000 50,000 60,000 70,000 Source: MMSA Cumulative Available Capacity ('000 metric tons) Note: Assumes 100% capacity utilization 1 Cost curve assumes delivery costs to China Access to low cost US shale economics OCI BEAUMONT Multiple ammonia and methanol pipeline customers leading to higher netbacks Ability to transport using 3 modes: barges, trucks and deep sea vessels Access to low cost US shale economics natgasoline Easy access to the US Gulf export infrastructure Adjacent to OCI Beaumont allowing for technical synergies Access to bio-gas sourced from waste digester plants connected to the Dutch national natural gas grid BioMCN Benefits from structural decline in gas prices due to LNG glut Premium priced bio-methanol 12 12

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