ADNOC Classification: Public Executive Summary Strategy Update Q2 & H1 2024 Financial Results Closing Remarks Appendix Double-digit growth in gross profit across all operating segments $m Q2 2024 Q2 2023 YoY (%) H1 2024 H1 2023 YoY (%) Retail (B2C) 325 293 10.7% 636 559 13.6% of which fuel 269 244 10.1% 525 463 13.4% of which non-fuel1 56 49 13.5% 110 96 14.8% Retail margin, % 19.7% 19.1% 19.7% 18.8% Commercial (B2B) 95 84 12.3% 187 163 15.0% of which Corporate 74 65 12.5% 145 129 12.6% of which Aviation 21 19 11.6% 42 34 24.1% Commercial margin, % 12.8% 12.5% 12.0% 11.4% Total 420 378 11.0% 823 722 13.9% ✓Total gross profit: Q2’24 +11% Y-o-Y H1 2024 gross profit split ✓Fuel retail gross profit driven by volume growth and inventory gains Commercial (B2B) - Aviation of $35 million in Q2’24 ($22 million in Q2’23) ✓Non-fuel retail gross profit supported by growth in number of Commercial (B2B) 5% transactions, record-high convenience store conversion rate in four - Corporate 18% years, upgrade of the car wash offering and new initiatives in the $823m property management segment to drive rent income 14% 64% Retail non-Fuel Retail Fuel ✓Commercial gross profit driven by growth in corporate fuel volumes (B2C) (1) (B2C) on the back of new contracts signed in 2023 and H1 2024 18 ADNOC Distribution © ADNOC Distribution 1. Includes convenience stores, car wash, lube change, property management and vehicle inspection