ABU DHABI NATIONAL OIL COMPANY FOR DISTRIBUTION PJSC Notes to the interim condensed consolidated financial statements for the three-month period ended 31 March 2024 (continued) 9. Related party balances and transactions (continued) Amounts relating to TotalEnergies and its affiliates pertain to the related party balances and transactions of the Group’s newly acquired subsidiary, TotalEnergies Marketing Egypt LLC, in 2023 (note 19). The Company entered into a sub-lease agreement with the Parent Company for a property located in Industrial City of Abu Dhabi for a term of 42 years commencing 1 January 2023. In this respect, the Company has recognised a right-of-use asset and a lease liability amounting to AED 210.7 million. In 2023, the Company entered into an amendment agreement to a lease for an office space with the Parent Company. Related party transactions: 31 March 2024 31 March 2023 (unaudited) (unaudited) AED’000 AED’000 ADNOC Group Revenue 452,454 443,746 Purchases 6,406,133 5,793,327 TotalEnergies and its affiliates Revenue 130,880 5,587 Purchases 26,507 67,475 Management Fee & services 36,427 7,068 The Group provides in the normal course of business petroleum distribution services to entities owned and controlled by the Government of Abu Dhabi. The Group has elected to use the exemption under IAS 24 Related Party Disclosures for Government related entities on disclosing transactions and related outstanding balances with government related parties owned by the Government of Abu Dhabi other than the Parent Company and entities it owns and controls. 10. Right-of-use assets and lease liabilities Right-of-use assets 31 March 2024 31 December 2023 (unaudited) (audited) AED’000 AED’000 Opening balance 1,778,418 1,373,338 Additions related to land lease 109,113 511,560 Additions to decommissioning 1,572 9,394 Recognised as part of business combination (note 19) - 98,694 Reversal due to terminated contracts (20,418) (51,316) Depreciation charge during the period/year (35,618) (146,412) Modifications during the period/year - (9,173) Exchange differences (64,453) (7,667) Closing balance 1,768,614 1,778,418 17