ADNOC Classification: Public Executive Summary Strategy Update Q1 2024 Financial Results Closing Remarks Appendix Financial performance Solid growth in EBITDA and net profit (excl. UAE tax impact) supported by volume growth, higher contribution from NFR and international operations underpinned by efficiency improvements Double digit growth in EBITDA ($m) Underlying EB ITDA ($m) 248 204 218 211 1Q23 1Q24 1Q23 1Q24 Growth in Q1 2024 net profit ($m) YoY Strong growth in Q1 2024 net profit excl. UAE tax impact ($m) despite UAE tax impact, higher depreciation and financial costs 146 150 146 165 1Q23 1Q24 1Q23 1Q24 16 © ADNOC Distribution