Methanex Corporation · TSX:MX
Methanex — Investor Presentation (July 2025)
33 slides from Methanex's investor presentation, July 2025
Slide 1: The Global Methanol Leader
The Global Methanol Leader CORPORATE PRESENTATION JULY 2025
Slide 2: Forward-looking statements and non-GAAP measures
Forward-looking statements and non-GAAP measures Information contained in these materials or presented orally, either in prepared remarks or in response to questions, may contain forward-looking statements. Actual results could differ materially from those contemplated by the forward-looking stateme
Slide 3: Methanex is the world's largest producer and supplier of methanol globally
Methanex is the world’s largest producer and supplier of methanol globally Strategy Competitive advantage Safety is the top priority We create value through our Safe, sustainable, and secure supply. We are committed to the leadership in the global Underpinned by our global integrated highest standar
Slide 4: Safety is our number one priority
Safety is our number one priority Our commitment to Responsible Care is unwavering; we work everyday to put our values and safe practices into action to ensure the safety of our employees, contractors, visitors, and communities where we operate Our 2024 recordable injury Recordable Injury Rate vs. A
Slide 5: Acquisition of OCI Global's methanol business expected to drive strong returns and long-term shareholder value
Acquisition of OCI Global’s methanol business expected to drive strong returns and long-term shareholder value • Transaction closed on June 27, 2025 • World-scale North American operating assets acquired below reinvestment economics • Adds substantial capacity in a strategic jurisdiction with access
Slide 6: Why Invest?
Why Invest? Leader in an industry Proven operational Sustainable Well-positioned to Disciplined approach to with a positive excellence driving competitive advantage lead in a dynamic risk management and long-term outlook strong cash flow from integrated global environment capital allocation generati
Slide 7: Strategic Priorities for the Business
Strategic Priorities for the Business Focused on delivering value-generating initiatives in a safe and reliable way Safety, efficiency and reliability Integrate OCI Global’s methanol Preserving financial flexibility assets and realize synergies while reducing leverage Continuous improvement of safet
Slide 8: Global production capacity across 7 production locations
Global production capacity across 7 production locations Strategically expanded our North American footprint to capitalize on stable and economic supply of natural gas feedstock North America ~6.4 MMT methanol operating capacity 1 0.34 MMT ammonia operating capacity 1 6 plants 3 production locations
Slide 9: Competitive advantage from global integrated capabilities
Competitive advantage from global integrated capabilities Scale and flexibility enabling Methanex to be the supplier of choice and attract and retain customers around the world ✓ Extensive integrated global supply chain with ✓ Industry leading customers a dedicated shipping fleet ✓ Sharing of best p
Slide 10: Strong free cash flow conversion over a range of methanol prices
Strong free cash flow conversion over a range of methanol prices Adjusted EBITDA1 and Free cash flow2 capability to equity holders ($M) at average realized methanol prices ($/MT) Financial obligations to get to $1,450 free cash flow: • Debt service: $150 - 200M $1,075 • Lease payments: $145M $50 $85
Slide 11: Global methanol demand and supply dynamics
Global methanol demand and supply dynamics Demand expected to grow at a ~3% compound annual growth rate over the next five years Europe (including Russia) China Production Demand Production Demand 5% 10% 45% 60% ~65% of ~85% of production production from coal-based from Russia plants North America/L
Slide 12: Methanol is difficult to substitute based on its unique chemistry, scale, ease of transport and cost
Methanol is difficult to substitute based on its unique chemistry, Traditional chemical Essential building block used in formaldehyde scale, ease of transport and cost applications expected to grow with GDP and acetic acid to make raw materials for building and automotive parts, paints, paper, plast
Slide 13: Momentum is growing for methanol as a marine fuel
Momentum is growing for methanol as a marine fuel Cleaner burning, proven technology, easily transportable with existing infrastructure, and cost competitive Methanol is a cleaner-burning In 2024, a methanol powered Multiple fuels needed to support fuel and can reduce SOx and vessel operated by Wate
Slide 14: Firm capacity additions unlikely to meet growing demand in the mid-term
Firm capacity additions unlikely to meet growing demand in the mid-term New capacity additions Estimated Methanol Industry Capacity Additions* MMT Besides G3, limited firm capacity addition expected in the Atlantic market. Firm 7.0 additions outside the Atlantic include a 1.8 MMT plant in Malaysia a
Slide 15: Competitive position on attractive industry cost curve
Competitive position on attractive industry cost curve Illustrative methanol industry cost curve The global methanol cost curve is ($/tonne) fragmented The cost of methanol production varies widely across regions due to differences in feedstock availability (natural gas vs. coal), plant efficiency,
Slide 16: Methanol demand growth expected to outpace capacity additions in the mid-term
Methanol demand growth expected to outpace capacity ~3% Compound Annual Growth Rate additions in the mid-term 140 demand growth over next five years 76% requiring operating rates to 74% increase 120 72% Structural operating rate limits impacting over 100 50% of global capacity 70% Iran – New plants
Slide 17: Methanol's role in the low-carbon economy
Methanol’s role Multiple methanol pathways in the low-carbon GREEN economy RENEWABLE HYDROGEN FEEDSTOCKS Methanol can also be made using carbon BIOGENIC CO₂ capture technology, with renewable feedstocks, such as renewable natural gas or renewable syngas, E-METHANOL or from green hydrogen 10 to 30 gr
Slide 18: Embedding sustainability: from strategy to action
Embedding sustainability: from strategy to action1 Solutions focused and committed Advancing COMMITMENTS PROGRESS to continual improvement solutions for a Reduce Scope 1 and Scope 2 3.7% reduction in GHG Intensity3 GHG emission intensity by 10%2 since 2019 low-carbon future Invest in low-carbon met
Slide 19: Focused cost discipline
Focused cost discipline Our competitive structure enables us to provide secure supply to our customers and create value throughout the cycle Natural gas Logistics Natural gas Logistics ~ 50% 1 • North America: target ~ 25% Fleet of ~30 vessels Network of owned and meaningful near-term hedge suppleme
Slide 20: Consistent capital allocation priorities balancing growth and shareholder returns
Consistent capital allocation priorities balancing growth and shareholder returns Profitable growth Pursue value-accretive conventional and low-carbon growth opportunities which will enhance cash flow Maintain our business generation capability Maintain financial flexibility to operate assets reliab
Slide 21: Strong financial position
Strong financial position Strong liquidity and well-balanced debt maturities Consistent track record of balanced capital investment and shareholder distributions Targeting investment grade leverage metrics Since 2014 we have returned ~$2.4B to shareholders • Plan to reduce debt by ~$550M within 18 m
Slide 22: Why Invest?
Why Invest? Leader in an Proven Sustainable Well-positioned Disciplined industry with operational competitive to lead in a approach to risk a positive excellence driving advantage from dynamic management and long-term strong cash flow integrated global environment capital allocation outlook generati
Slide 23: Modeling Information
1 Modeling Information ~25-30% Run rate financial profile (Methanex share) Sales mix Europe ~$145M ~$500M ~15% ~35-40% Lease Payments Depreciation + Amortization Americas China ~$200M ~25% ~20% Asia Pacific Debt Service Effective tax rate (ex. China) 2025 and run rate capital expenditures ~$130-135M
Slide 24: Forward-looking statements
Forward-looking statements This presentation, our Second Quarter 2025 Management’s Discussion and Analysis ("MD&A") as well as comments made during the Second Quarter 2025 investor conference call contain forward-looking statements with respect to us and our industry. These statements relate to futu
Slide 25: Appendix
Appendix methans " the poner of agity 25
Slide 26: Global capacity across 7 production locations
Global capacity across 7 production locations Operating capacity (MMT)1 Number of plants2 Gas supply Medicine Hat, Canada 0.56 1 Fixed price contracts Geismar, USA 4.0 3 Financial hedges, fixed price contracts, and spot market Beaumont, USA 1.76 (methanol) 2 Financial hedges and spot market 0.34 (am
Slide 27: Methanol demand applications
Methanol demand applications Applications % of global End uses demand1 Traditional Used as wood adhesive for plywood, particleboard and other engineered wood products Formaldehyde ~25% chemical Also used as raw material for a variety of building and automotive products applications Used to produce a
Slide 28: Chemicals value chain
BUTADIENE AROMATICS Chemicals value chain OLEFINS PROPYLENE METHANOL ETHYLENE AMMONIA FEEDSTOCKS BASE CHEMICALS AND INTERMEDIATES PRODUCTS MARKETS/USES MDI/TDI POLYESTER CLOTHING, BOTTLES (PET), FABRIC TOLUENE PTA NYLON FABRIC, CARPET, AUTOMTIVE XYLENE CYCLOHEXANE PHENOL/ACETONE SOLVENTS, INTERMEDIA
Slide 29: Methanol-to-olefins (MTO) value chain
Methanol-to-olefins (MTO) value chain Food packaging, Polyethylene plastic bags Natural Gas or Coal Feedstock Pipes, window EDC PVC frames Ethylene Synthesis EO MEG PET Textile, bottles • MTO production Gas mostly integrated with downstream products Insulation cups, Ethyl benzene Styrene Polystyrene
Slide 30: Reducing emissions and exploring paths to low-carbon methanol
Reducing emissions and exploring paths to low-carbon methanol Providing solutions for the emerging low-carbon market supports our strategy of global methanol leadership REDUCING EMISSIONS FROM PROGRESSING LOW-CARBON OUR OPERATIONS SOLUTIONS Reduced-intensity Expansion Projects Carbon Capture Utiliza
Slide 31: Leading the shipping industry for over a decade
Leading the shipping industry for over a decade Methanex has been there from the beginning, developing methanol as a marine fuel, and is well-positioned to help transition the shipping industry to a low-carbon future. 2015 2017-18 Creole Sun 2019 Stena Line & World's first WFS 2nd gen WFS 3rd gen du
Slide 32: Illustrative Adjusted EBITDA and free cash flow capabilities assumptions (non-GAAP measures)
Illustrative Adjusted EBITDA and free cash flow capabilities assumptions (non-GAAP measures) – Methanex Run Rate 1 Note that Adjusted EBITDA and Free cash flow are forward-looking non- 2Free cash flow reflects Methanex’s proportionate ownership interest. Free GAAP measures that do not have any stand
Slide 33: Investor Relations
Investor Relations T: 604 661 2600 invest@methanex.com www.methanex.com linkedin.com/company/methanex-corporation @Methanex 33 Methanex | The Global Methanol Leader | Investor Presentation