Methanex (MX) Corporate presentation summary

Financial performance and outlook

• Q2 2026 Adjusted EBITDA rose to $577M from $220M in Q1, driven by higher realized prices, despite increased logistics and restructuring costs.

• Q3 2026 is expected to see lower adjusted EBITDA due to a decrease in average realized price and higher shipping and gas costs.

• 2026 methanol production forecast is ~9 MMT, up from 7.8 MMT in 2025, reflecting full-year OCI ownership.

• Strong adjusted free cash flow capability is maintained across a range of methanol prices, with post-deleveraging potential for further increases.

• Maintains a strong liquidity position with $383M cash and a $400M revolving credit facility as of June 2026.

Strategic positioning and market dynamics

• Holds a ~20% share of the internationally traded methanol market, with production and sales in all major regions.

• Methanol demand is forecast to grow at ~3% CAGR over the next five years, with a supply gap emerging due to limited new capacity.

• North American asset base expansion leverages stable, economic natural gas supply, enhancing cost competitiveness.

• Integrated global supply chain and dedicated shipping fleet support secure, flexible customer supply.

• Disciplined capital allocation prioritizes sustaining capex, deleveraging, and high-return growth investments.

Operational excellence and sustainability

• Achieved zero Tier 1 process safety incidents and lost-time injuries in 2025, with industry-leading safety metrics.

• Reduced Scope 1 and 2 GHG emissions intensity by 10.7% in 2025, meeting the 2030 target five years early.

• Advancing low-carbon methanol solutions, including biomethanol, e-methanol, and carbon capture projects.

• G3 plant recognized for low emission intensity; investments in energy efficiency and renewable energy contracts underway.

• Leading the adoption of methanol as a marine fuel, with over 130 methanol vessels operating or on order globally.