ABU DHABI NATIONAL OIL COMPANY FOR DISTRIBUTION PJSC Directors’ report for the three-month period ended 31 March 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 three-month period ended 31 March 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 8,749,736 thousand (31 March 2023: AED 7,998,430 thousand). Profit for the period was AED 527,695 thousand (31 March 2023: AED 541,909 thousand). The appropriation of the results for the period is follows: 31 March 2024 (unaudited) AED’000 Retained earnings as at 1 January 2024 1,971,140 Profit for the period 527,695 Dividends declared (1,285,625) Non-controlling interests 21,945 Retained earnings as at 31 March 2024 1,235,155 For the Board of Directors Chairman 8 May 2024 Abu Dhabi, UAE 3