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Annual Information Form METHANEX CORPORATION ANNUAL INFORMATION FORM www.methanex.com March 24, 2011 TABLE OF CONTENTS Page REFERENCE INFORMATION ...................................................................................................................................................... 3 CAUTION REGARDING FORWARD-LOOKING STATEMENTS .......................................................................................... 4 THE COMPANY ............................................................................................................................................................................... 6 BUSINESS OF THE COMPANY .................................................................................................................................................... 7 Overview of the Business ...................................................................................................................................................... 7 DEVELOPMENT OF THE BUSINESS AND CORPORATE STRATEGY ............................................................................... 7 Our Strategy ........................................................................................................................................................................... 7 METHANOL INDUSTRY INFORMATION ................................................................................................................................. 9 General .................................................................................................................................................................................. 9 Demand Factors ..................................................................................................................................................................... 9 Supply Factors ..................................................................................................................................................................... 12 Methanol Prices ................................................................................................................................................................... 13 PRODUCTION ................................................................................................................................................................................ 14 Production Process .............................................................................................................................................................. 14 Operating Data and Other Information ................................................................................................................................ 14 MARKETING .................................................................................................................................................................................. 15 DISTRIBUTION AND LOGISTICS ............................................................................................................................................. 15 NATURAL GAS SUPPLY .............................................................................................................................................................. 15 General ................................................................................................................................................................................ 15 Chile .................................................................................................................................................................................... 16 Trinidad ............................................................................................................................................................................... 16 New Zealand ........................................................................................................................................................................ 17 Egypt ................................................................................................................................................................................... 17 Canada ................................................................................................................................................................................. 17 FOREIGN OPERATIONS AND GOVERNMENT REGULATION ......................................................................................... 17 General ................................................................................................................................................................................ 17 Chile .................................................................................................................................................................................... 18 Trinidad ............................................................................................................................................................................... 18 New Zealand ........................................................................................................................................................................ 19 Egypt ................................................................................................................................................................................... 19 RESPONSIBLE CARE ................................................................................................................................................................... 19 ENVIRONMENTAL MATTERS .................................................................................................................................................. 20 Management of Greenhouse Gas Emissions........................................................................................................................ 21 INSURANCE .................................................................................................................................................................................... 22 COMPETITION .............................................................................................................................................................................. 22 EMPLOYEES .................................................................................................................................................................................. 22 RISK FACTORS .............................................................................................................................................................................. 22 DIVIDENDS ..................................................................................................................................................................................... 22 CAPITAL STRUCTURE ................................................................................................................................................................ 23 RATINGS ......................................................................................................................................................................................... 23 MARKET FOR SECURITIES ....................................................................................................................................................... 24 DIRECTORS AND EXECUTIVE OFFICERS ............................................................................................................................ 24 INTEREST OF MANAGEMENT AND OTHERS IN MATERIAL TRANSACTIONS .......................................................... 26 EXPERTS ......................................................................................................................................................................................... 26 LEGAL PROCEEDINGS ............................................................................................................................................................... 26 AUDIT COMMITTEE INFORMATION ..................................................................................................................................... 27 The Audit Committee Charter ............................................................................................................................................. 27 Composition of the Audit Committee .................................................................................................................................. 27 Relevant Education and Experience .................................................................................................................................... 27 Pre-Approval Policies and Procedures ................................................................................................................................ 29 Audit and Non-Audit Fees Billed by the Independent Auditors .......................................................................................... 29 TRANSFER AGENT AND REGISTRAR ..................................................................................................................................... 29 CONTROLS AND PROCEDURES ............................................................................................................................................... 30 CODE OF ETHICS ........................................................................................................................................................................
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