Methanex Project Overview

15 Methanol is a clean-burning alternative fuel • • Marine fuel that meets environmental regulations Shipping regulations (IMO 2020) require cleaner-burning fuels Methanol is a clean-burning fuel that meets regulations and is cost competitive over the cycle Approximately 60% of Waterfront Shipping's (Methanex's wholly owned subsidiary) fleet will be able to run on methanol, and other low-sulphur fuels which provides flexibility Several other companies have begun to use or are currently commissioning their own methanol-powered vessels Vehicle fuel that reduces emissions Methanol is an affordable gasoline substitute in China Reduces emissions when blended with or substituted for gasoline Several other countries are at the assessment or near-commercial stage for low-level methanol fuel blending • Lower emission fuel source Methanol is used as an alternative to coal for industrial boilers and kilns to reduce emissions Currently represents approximately 2M tons of demand Represents significant upside potential for long-term demand methanex the power of agility

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