Deploying pioneering technologies to accelerate impact Across ADNOC, from the control room to the board room, we are pioneering technology and AI to build the energy system of tomorrow. As part of this journey, we are partnering with global technology and AI players and growing the UAE innovation ecosystem to deliver a project portfolio focused on return on investment and solving real business challenges. Our track record in this area makes us well placed to capitalize on the opportunities presented by the energy transition. Artificial Intelligence (AI) is one of the most economically important and socially transformative technologies of our era. It can play a crucial role in accelerating a just, orderly and equitable energy transition. At ADNOC, we have integrated AI across our operations to enable smarter decision-making and better protect our people and the environment. As we grow our diversified portfolio to ensure the secure, reliable and responsible supply of energy, we are further integrating AI to future-proof our business and drive greater and more sustainable value from our assets and resources. By deploying AI solutions in 2023, we generated $500 million (AED1.84 billion) in value. The value was generated from the integration of over 30 industry-leading AI tools across ADNOC’s entire value chain, from field operations to our corporate offices, allowing smarter and faster data- driven decision-making. Together, these applications helped us to abate up to 1 million tonnes of CO2 emissions between 2022 and 2023. The achievement is testament to our longstanding strategy to develop and deploy pioneering technologies such as AI, robotic automation, and advanced data analytics. The milestone marks the start of a multi- year program to accelerate the deployment of a suite of AI solutions across our value chain to further enhance safety, while driving down emissions and driving up value. Generating value through artificial intelligence and digital solutions Detecting GHG leaks with unmanned aerial vehicles We are partnering with EDGE, a technology conglomerate based in the UAE, to deploy UAE-made unmanned aerial vehicles (UAVs) across our onshore and offshore operations. These UAVs are equipped with specialized GHG leak detection technology and conduct detailed inspections of site assets and infrastructure. Reducing methane emissions through technology ADNOC Gas is piloting state- of-the-art ‘Flare.IQ’ technology, developed by Baker Hughes, to reduce methane and overall GHG emissions. Flare.IQ helps optimize flare conditions by adjusting air assist and fuel gas flow rates. This led to more than 98% improvements in flare combustion efficiency, reductions in cover gas consumption and helped achieve smokeless flaring. Following the successful pilot, we are exploring the deployment of Flare.IQ technology in other assisted flares across our sites to further reduce GHG emissions. Supporting climate tech pioneers In 2023, we launched the Decarbonization Technology Challenge, a global competition in collaboration with AWS, bp, Hub71, and the Net Zero Technology Centre, to find emerging climate tech innovations ready for scale. In December 2023, ADNOC awarded a million-dollar (AED3.67 million) prize to Revterra, a Houston-based producer of novel batteries made with recycled steel. Upcycling electric vehicle batteries In partnership with German startup, Power I.D., we are taking used electric vehicle batteries and upcycling them into cutting edge battery energy storage systems. The systems, which are being built in the UAE, can hold up to two megawatts (MW) of power within a single 20- foot storage container. Each container is mobile, allowing for deployment to remote sites, where we expect them to decarbonize our remote production activity by up to 25%. 43 42 Energy for Life