Mr. John Floren reports

METHANEX CORPORATION ANNOUNCES A 20% DIVIDEND INCREASE

Methanex Corp.'s board of directors has approved a 20-per-cent increase in its quarterly dividend to 17.5 U.S. cents per share from 14.5 U.S. cents per share. The increased dividend will apply to the dividend payable on Sept. 30, 2022, to holders of common shares of record on Sept. 16, 2022.

John Floren, president and chief executive officer of Methanex, said, "The 20-per-cent dividend increase reinforces our commitment to return cash to shareholders and highlights the strong cash flow generation capability of our assets."

About Methanex Corp.

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 Select Market in the United States under the trading symbol MEOH.