ADNOC Classification: Public Executive Summary Strategy Update Q2 & H1 2024 Financial Results Closing Remarks Appendix EBITDA by operating segment $m Q2 2024 Q2 2023 YoY (%) H1 2024 H1 2023 YoY (%) Retail (B2C) 201 165 21.4% 374 314 19.4% Retail margin, % 12.2% 10.7% 11.6% 10.6% Commercial (B2B) 67 68 -0.7% 138 128 7.7% of which Corporate 49 50 -2.6% 99 96 3.6% of which Aviation 18 18 4.5% 39 32 19.8% Commercial margin, % 9.1% 10.0% 8.9% 9.0% 1 NM 2 1 NM Unallocated -1 -1 Total reported EBITDA 267 232 15.0% 515 443 16.2% Underlying EBITDA2 232 204 13.8% 450 407 10.4% NM: Not meaningful ✓EBITDA: Q2’24 +15% Y-o-Y driven by strong growth across all H1 2024 EBITDA split businesses and positive impact of inventory gains Commercial ✓Retail segment: +21% Y-o-Y supported by growth in volumes, (B2B) - aviation NFR business and positive impact of inventory gains 8% Commercial 19% ✓Commercial segment: EBITDA -1% Y-o-Y, underlying EBITDA (B2B) - +7.2% Y-o-Y due to a one-off benefit in prior year numbers corporate $515m1 Retail (B2C) - ✓Underlying EBITDA: Q2’24 +14% Y-o-Y supported by volumes 73% fuel and non- growth, higher contribution from non-fuel retail business, fuel international assets and delivery of OPEX reduction initiatives 20 ADNOC Distribution 1. Includes unallocated amount of $2 million (other operating income/expenses not allocated to a specific segment) © ADNOC Distribution 2. Underlying EBITDA is defined as EBITDA excluding inventory movements and one-offs