Methanex Reports on Annual General Meeting of Shareholders

VANCOUVER, British Columbia, April 29, 2022 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH) announced, in accordance with Toronto Stock Exchange requirements, the voting results from its Annual General Meeting held on April 28, 2022 in Vancouver, British Columbia.

Voting Results from Annual General Meeting

A total of 61,242,426 common shares were voted at the meeting, representing 83.08% of all outstanding shares. Shareholders voted in favour of all items of business before the meeting, including the election of all director nominees as follows:

Director Votes For % of Votes For Votes Withheld % of Votes Withheld
Douglas Arnell 59,993,354 99.92% 48,260 0.08
James Bertram 59,526,548 99.14 515,066 0.86
Paul Dobson 59,829,982 99.65 211,632 0.35
John Floren 59,973,725 99.89 67,889 0.11
Maureen Howe 59,651,549 99.35 390,065 0.65
Robert Kostelnik 58,136,078 96.83 1,905,536 3.17
Leslie O’Donoghue 59,875,543 99.72 166,071 0.28
Kevin Rodgers 59,769,774 99.55 271,840 0.45
Margaret Walker 59,985,552 99.91 56,062 0.09
Benita Warmbold 59,583,082 99.24 458,532 0.76
Xiaoping Yang 59,986,671 99.91 54,943 0.09

Appointment of Auditors

KPMG LLP, Chartered Professional Accountants, was re-appointed as auditor of Methanex.

Votes For (percent): 58.51%
Votes Withheld (percent): 41.49%

Advisory Vote on Executive Compensation

A non-binding advisory vote to accept Methanex’s approach to executive compensation as disclosed in the Information Circular dated March 10, 2022 was approved.

Votes For (percent): 68.22%
Votes Against (percent): 31.78%

Methanex is a Vancouver-based, publicly traded company and is the world's largest producer and supplier of methanol to major international markets. Methanex shares are listed for trading on the Toronto Stock Exchange in Canada under the trading symbol "MX" and on the NASDAQ Global Market in the United States under the trading symbol "MEOH”. Methanex can be visited online at www.methanex.com.

For further information, contact:

Sarah Herriott
Director, Investor Relations
Methanex Corporation
604 661 2600 or Toll Free: 1 800 661 8851
www.methanex.com