ADNOC Classification: Public ADNOC Classification: Public ESG Stewardship ADNOC Distribution has swiftly advanced in its ESG commitment and reporting procedures, becoming part of the FTSE ADX ESG Screened Index and the first UAE fuel retailer to be part of the FTSE Emerging ESG Low Carbon Index. Furthermore, during H1 2024, the Company continued to enhance its ESG scores and was rated above the industry average by several key ESG rating agencies, including Sustainalytics, S&P Global, and FTSE Russell. This accomplishment reflects ADNOC Distribution’s unwavering commitment to sustainable practices, social responsibility, and robust governance. By consistently improving its ESG performance, the Company demonstrates its dedication to creating long-term stakeholder value while positively impacting the environment and society. Future Outlook Since its IPO in 2017, ADNOC Distribution has delivered significant returns to shareholders through enhanced market value and consistent dividends. With a record EBITDA of $1 billion in 2023, the Company is well-positioned for its next phase of strategic and accelerated growth. ADNOC Distribution’s strategic investment plan is underscored by a solid financial foundation and strong cash generation. The Company intends to allocate between $250 and $300 million in CAPEX for 2024, with 70% of the investment directed towards growth-focused initiatives. -END- The full quarter second-quarter earnings announcement can be found at https://www.adnocdistribution.ae/en/investor-relations/investor-relations/ For media, please contact: media@adnocdistribution.ae For investor relations, please contact: IR@adnocdistribution.ae # # # About ADNOC Distribution ADNOC Distribution is a leading mobility retailer in UAE. The Company has been providing energy for customers’ journeys since 1973. Since this time, the Company has continuously been at the forefront of providing the best in customer service. Today, ADNOC Distribution enables, enhances, and energizes every customer journey thanks to digitally enabled, innovative customer experiences and high-quality non-fuel retail products. The Company operates service stations in all seven emirates in its home country, plus Saudi Arabia, and sells lubricants in 43 countries across the world via distributors. Now in its 51st year, ADNOC Distribution has 847 service stations, 534 in the UAE, 69 in KSA, and 244 in Egypt. As a non-fuel retail leader in the UAE, it operates 365 ADNOC Oasis convenience stores, 34 vehicle inspection centers, and other leading services spanning car wash, lube change, and EV charging. The Company is also the leading marketer and distributor of fuels to commercial, industrial, and government customers throughout the UAE. All figures as of 30 June 2024. ADNOC Distribution aims to be the global mobility retailer of choice, enabler of sustainable mobility, and provider of exceptional customer experiences. To find out more, visit www.adnocdistribution.ae.
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