ADNOC Classification: Public ADNOC Classification: Public Future-proofing the business is an iterative and crucially important process at ADNOC Distribution. At present, the Company is actively pursuing more than 20 AI-focused projects by integrating AI and advanced technologies across all business segments, empowering data-driven decision-making to drive growth, enhance operational efficiency, and elevate customer experience. ESG STEWARDSHIP Reaffirming its commitment to leading Environmental, Social and Governance (ESG) practices, ADNOC Distribution announced the formation of an ESG subcommittee to its Board’s Executive Committee, anchoring ESG oversight and responsibility among the Company’s highest governing bodies. The new committee will be chaired by a non-executive Independent Board member and will be comprised of specialists with the requisite experience to supervise ESG performance. In October 2024, ADNOC Distribution received the Dubai Chamber of Commerce’s ESG label, the first fuel retailer in the Middle East to do so, a strong recognition of the Company’s ESG leadership within the sector and beyond. FUTURE OUTLOOK ADNOC Distribution’s strategic plan is underscored by a solid financial foundation and strong cash generation. To pursue further growth, the Company has earmarked between $250 and $300 million in CAPEX allocations for calendar year 2024, with 70% of the investment directed towards growth-focused initiatives. Since its IPO in 2017, ADNOC Distribution has delivered significant returns to shareholders through enhanced market value and consistent dividends, including the distribution of $4.4 billion in dividends. Building on its strong financial results and operational performance over the past nine months, the Company is well-positioned for its next phase of strategic and accelerated growth. -END- The full quarter’s earnings announcement can be found at https://www.adnocdistribution.ae/en/investor-relations/investor-relations/ For media, please contact: [email protected] For investor relations, please contact: [email protected] # #
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