ABU DHABI NATIONAL OIL COMPANY FOR DISTRIBUTION PJSC Directors’ report for the nine-month period ended 30 September 2024 The Directors present their report together with the interim financial information of Abu Dhabi National Oil Company for Distribution PJSC (the “Company”) and its subsidiaries (collectively referred to as “the Group”) for the nine-month period ended 30 September 2024. Principal activities The principal activities of the Group are the marketing of petroleum products, compressed natural gas and ancillary products. Review of business During the period, the Group reported revenue of AED 26,617,261 thousand (30 September 2023: AED 25,065,476 thousand). Profit for the period was AED 1,879,853 thousand (30 September 2023: AED 1,954,308 thousand). The appropriation of the results for the period is follows: 30 September 2024 (unaudited) AED’000 Retained earnings as at 1January 2024 1,971,140 Profit for the period 1,879,853 Dividends declared (2,571,250) Non-controlling interests (40,006) Transfer to statutory reserve (2,481) Adoption of IAS 21 amendments (33,982) Retained earnings as at 30 September 2024 1,203,274 For the Board of Directors Chairman 30 October 2024 Abu Dhabi, UAE 3