ADNOC Classification: Public Executive Summary Strategy Update Q1 2024 Financial Results Closing Remarks Appendix Key strategic update Non-fuel retail business in Q1 2024 Double-digit growth in non-fuel retail segment gross profit ✓ Non-fuel retail gross profit, supported by double-digit growth in Convenience stores, Car wash and Property management: +16.2% Y-o-Y ✓ UAE number of non-fuel transactions: +6.9% Y-o-Y ✓ Two new high-capacity car wash tunnels launched, with plans to open 8 additional car wash tunnels by the end of 2024 ✓ Aim to double the number of property units occupied by top international and regional food & beverage brands by the end of 2025. UAE convenience store segment ✓ Gross profit (UAE): +12.8% Y-o-Y 1 ✓ Conversion rate : 24.5% in Q1 24 (Q1 23: 24.4%) ✓ Average gross basket size: +2.6% Y-o-Y to $7.5 in Q1 24 (Q1 23: $7.3) 11 © ADNOC Distribution ADNOC Distribution 1. Number of convenience stores transactions divided by number of fuel transactions at sites with convenience stores