ADNOC Classification: Public ADNOC Classification: Public As part of its new growth strategy, ADNOC Distribution is investing in convenience and mobility to transform its stations into destinations of choice for its customers. Supported by these initiatives, the convenience store conversion rate in Q2 2024 reached 26.1%, the highest level in four years. The Company plans to double the number of leased property units by the end of 2025 and attract premier entities across various sectors to fulfill customer needs and tastes. Overall, the company experienced strong growth throughout the first half of the year, with fuel retail transactions up 6.5% YoY in H1 2024. Total fuel volume deliveries increased 10.4% YoY, driven by higher network traffic, sustained regional economic growth, network expansion, and increased contribution from international operations The Company added 10 new service stations in H1 2024, bringing the total to 847 across UAE, KSA, and Egypt, steadily progressing towards its target of adding 15 to 20 stations throughout 2024. In H1 2024, the Company also continued to expand its electric vehicle (EV) charging network. It made significant progress towards achieving a key operational milestone by opening a pioneering Mobility Hub in Masdar City and doubling its network of fast and super-fast charging points to more than 100 compared to the end of 2023. This is in line with its target to reach 150 to 200 by the end of the year ADNOC Distribution recently announced plans to start blending ADNOC Voyager lubricants in Egypt in 2024, aiming to establish the country as a regional export hub. Additionally, the Company has expanded the international footprint of ADNOC Voyager, which is now exporting to 43 countries, up from 32 at the same time last year. Accelerating Growth Through AI ADNOC Distribution is advancing the integration of AI across its value chain. The Company is actively pursuing more than 20 innovative AI projects and has established partnerships with leading global AI technology firms to implement transformative solutions, allowing the Company to maintain its market-leading position. Among these innovations is the ‘Fuel Demand AI Model’, which leverages predictive analytics to optimize fuel delivery schedules, potentially preventing up to $34 million in revenue losses over the next five years. The model achieves a market-leading 95% accuracy rate, significantly outperforming the 60% accuracy of traditional methods. This improvement not only reduces costs but also achieves a 10% reduction in fuel transportation emissions through optimized delivery scheduling. AI and technology are integral to the Company’s goal of reducing carbon emissions intensity by 25% by 2030.