Stakeholder engagement and partnerships Our stakeholders are critical to our ability to sustainably and responsibly provide the energy and energy products people depend on. They include our employees, suppliers, governments, regulators, investors, partners, customers, industry and industry bodies as well as the local communities in which we operate. Børge Brende, President, World Economic Forum We continuously engage with and listen to our stakeholders to better understand and respond to their needs. This is fundamental to building mutually beneficial relationships and maximizing opportunities to create long-term, sustainable value for both internal and external stakeholders involved in, or affected by, our activities. We engage with investors and financiers, presenting our intent to be at the forefront of the energy transition. We work closely with banks and consulting firms to ensure we meet international sustainability expectations and understand how they impact our investment mandates. Our collaborations with key partners across our energy value chain help to drive our innovation activities. They provide an opportunity to share our experience at a global level and ensure what we are doing is in line with the expectations of our industry. “ ADNOC was one of the first Middle Eastern energy companies to recognize the need for a pragmatic energy transition. Its efforts in balancing sustainability with economic development represent a model for others to follow. Their commitment to reducing carbon emissions, investing in new energy sources, deploying environmental initiatives while driving social and economic development, underscores the crucial role energy companies play in shaping a sustainable future.” Musabbeh Al Kaabi Executive Director, Low Carbon Solutions & International Growth “ We were honored to host the Global Sustainability Forum with ADNOC during COP28 in Dubai, bringing together sustainability leaders from our NYSE-listed companies and industry leaders across the globe. ICE is proud to work alongside companies like ADNOC, whose vision is a future where growth and environmental responsibility can go hand in hand.” Lynn Martin President, NYSE Group & Chair, ICE Fixed Income & Data Services Gauri Singh Deputy Director-General International Renewable Energy Agency (IRENA) “ ADNOC has joined the Alliance for Industry Decarbonization which aims to facilitate dialogue on industry level and increase cooperation to help companies to develop solid decarbonization strategies and implementation plans, aligned with their countries’ net zero and decarbonization commitments. ADNOC’s announcement to bring its net zero ambition forward by five years, to 2045, marks a significant milestone as a part of their commitment to decarbonize and reflects the ambition of the UAE to accelerate the energy transition. It is encouraging to see industry make meaningful progress in reducing global carbon emissions and fostering a more resilient and sustainable energy landscape for future generations.” “ WBCSD welcomes ADNOC’s leading Net Zero by 2045 ambition, supported by its target to reduce carbon intensity by 25% by 2030. We recognize ADNOC’s pioneering innovative hydrogen projects and clean electrification of its operations. WBCSD appreciates externally validated sustainability disclosures to show progress towards ADNOC goals, such as the OGMP 2.0 commitment to reduce methane intensity, and to achieve near zero methane emissions by 2030. ADNOC pioneered carbon capture and storage in the region. We are excited to see ambition raised to capture 10 million tonnes per annum by 2030 to decarbonize UAE industry, and the focus on nature-based solutions which is promising for regenerative biodiversity.” Dominic Waughray Executive Vice President, World Business Council for Sustainable Development (WBCSD) 18 19 Energy for Life