GlobeNewswire Inc | Dec 14, 2021 03:45PM EST

December 14, 2021

VANCOUVER, British Columbia, Dec. 14, 2021 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH) is pleased to announce the appointment of Xiaoping Yang to its Board of Directors effective January 1, 2022.

Ms. Yang brings a deep knowledge of doing business in China, manufacturing operations, commodity markets, and health and safety. Ms. Yang is a chemical engineer with over 30 years of international energy and petrochemical business experience in the USA and Asia. From 1990 to 2020 she held a variety of international executive roles at BP within the downstream and new energy businesses, including having accountability for its chemicals manufacturing operations and joint venture entities in Asia. Before retiring from BP in 2020, Ms. Yang served as the Chair and President of BP China.

Ms. Yang holds a Bachelor of Science from Jiangnan University China, a PhD in chemical engineering from Purdue University, USA and an MBA from the University of Chicago, USA. Ms. Yang, a US citizen, also serves as a director of IGO Limited, a mid-sized Australian mining company.

Xiaopings understanding of Chinas business environment and global commodity markets, along with her fresh perspectives will continue to bolster the strength and the diversity of our board, said Doug Arnell, Methanexs Chair of the Board. We look forward to her contributions to our Company and our stakeholders.

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.

Inquiries:Sarah HerriottDirector, Investor Relations Methanex Corporation604-661-2600 or Toll Free: 1-800-661-8851www.methanex.com