ADNOC Classification: Public Executive Summary Strategy Update Q1 2024 Financial Results Closing Remarks Appendix ADNOC Distribution equity story Track record of Focus on delivering Solid performance and shareholder value creation sustainable growth cashflow visibility Value creation since IPO: 2028 ambition: establish ADNOC Demonstrable solid business Total shareholder return: c.$7.5 billion Distribution as a multi-energy, performance reinforced by strong Q1 (+c.90%) convenience and mobility leader 2024 operating and financial results Accelerating sustainable and profitable Predictable cash flow generation Robust 5-year ROCE of over 25% growth domestically and internationally supported by robust regulatory driven by efficient capital allocation through efficient capital allocation framework, industry-leading margins and value-accretive investments and limited exposure to oil price Futureproofing the business: by volatility Attractive 2024-28 dividend policy unlocking new revenue streams Supportive and committed majority supported by visible cashflow profile offered by energy transition (incl. EV shareholder ADNOC: 5-year supply and strong balance sheet: charging) and pursuing sustainability contract with a retail margin guarantee $700 million or min. 75% of net profit, goals protecting against inventory losses whichever is higher Hyper-personalized digital-first while providing exposure to inventory (offering a 5.9% dividend yield)1 experience to drive customer gains Significant share liquidity (free float of engagement, footfall and monetization Strong balance sheet with ample 23%) and part of MSCI EM and FTSE Unlocking hidden value through OPEX liquidity supports growth prospects EM indices initiatives and enables attractive shareholder distributions 5 © ADNOC Distribution 1. Subject to the Board and Shareholders’ approval