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Company Update

Methanex and partners promote safety while supporting mental health in Ascension Parish

BATON ROUGE, LA., March 14, 2023 – Methanex, the world’s largest producer and supplier of methanol, is pleased to announce its Geismar, Louisiana site raised $53,000 for Volunteers of America South Central Louisiana (VOASCLA) to support mental health services in Ascension Parish. In collaboration with its contractors from Turner Industries and Specialty Welding and Turnarounds (SWAT), the funds were raised through a recent Safe Days campaign held on the site with a goal of being a zero-injury workplace while giving back to the community.

“We chose to donate the funds raised from our Safe Days campaign to Volunteers of America because many people in our community have dealt with mental health challenges in the wake of the pandemic,” said Meg Mahoney, Stakeholder Relations Manager at Methanex. “VOASCLA’s housing and homeless services, mobile outreach unit, and counseling services have provided invaluable support to the people in our area. We are proud of our employees and contractors for their unwavering commitment to safety, and we are pleased to be able to give back to the community through this organization.”

During the Safe Days campaign, for every safe and injury-free day reached, Methanex and Turner donated $750 to VOASCLA in addition to a $5,000 donation from SWAT.

“We are thrilled to accept this generous donation from Methanex, Turner, and SWAT, and we pledge to put these dollars to good use, benefiting the people of Ascension Parish,” said David Kneipp.

VOASCLA’s President and Chief Executive Officer David Kneipp and Vice President of Development Shannon Abney were presented with a check last Friday at an appreciation event for Methanex employees.

Representatives from Methanex, Turner and SWAT present Volunteers of America with a $53,000 check to support homeless and mental health services in Ascension Parish.

About Methanex Corporation

Methanex Corporation is the world’s largest producer and supplier of methanol to major international markets in Asia Pacific, North America, Europe, and South America. The Geismar site is a key contributor to Methanex’s global supply chain with an annual production capacity of 2.2 million tonnes of methanol from its Geismar 1 and Geismar 2 plants, which have been operational since 2015. Construction is currently underway for its third plant, G3, which is scheduled to begin commercial operations by the fourth quarter of 2023. Once it is up and running, G3 will be capable of producing 1.8 million tonnes of methanol annually and will have one of the lowest CO₂ emissions intensity profiles in the methanol industry. For more information, visit www.methanex.com.

About Volunteers of America South Central Louisiana

Volunteers of America South Central Louisiana has been serving Louisiana’s most vulnerable for over 100 years with a mission to reach and uplift all people. They are a premier human services organization helping more than 37,000 people in a 27-parish area in South Louisiana each year. The organization’s areas of focus include promoting self-sufficiency for the homeless, finding affordable housing, strengthening families, supporting those with behavioral/mental health issues, caring for the elderly and our Veterans, fostering independence in individuals with intellectual & developmental disabilities, increasing the quality of early childhood care and education, and supporting positive development for children and youth in the foster care system. For more information, visit www.voascla.org.

For further information, contact:

Methanex

Meg Mahoney, Stakeholder Relations Manager

[email protected]

T: 225-402-0310

C: 225-252-3787

Volunteers of America

Jeanne Burns Dempster, Marketing & Communications Manager

[email protected]

T: 225-408-3796

C: 225-939-9999