ADNOC Classification: Public Strategy Update Q2 & H1 2024 Financial Results Closing Remarks Appendix Executive Summary Q1 2024 Financial Results Operating performance million liters Q2 2024 Q2 2023 YoY (%) H1 2024 H1 2023 YoY (%) H1 2024 Retail (B2C) 1,851 1,781 3.9% 3,720 3,528 5.4% 5.7 billion liters Fuel volumes Commercial (B2B) 931 875 6.3% 1,962 1,783 10.1% fuel volume sold in (UAE / KSA) of which Corporate 891 814 9.4% 1,874 1,677 11.7% UAE / KSA of which Aviation 40 62 -34.5% 89 106 -16.2% TOTAL 2,782 2,657 4.7% 5,682 5,310 7.0% Q2 2024 Q2 2023 YoY (%) H1 2024 H1 2023 YoY (%) 603 Retail fuel Service stations – UAE 534 511 4.5% 535 511 4.7% retail fuel sites in operating Service stations – Saudi Arabia 69 64 7.8% 69 64 7.8% UAE / KSA metrics Service stations – Egypt 1 244 241 1.2% 244 241 1.2% Fuel transactions – UAE (m) 46.9 44.1 6.4% 92.2 86.6 6.5% Q2 2024 Q2 2023 YoY (%) H1 2024 H1 2023 YoY (%) 365 Retail non-fuel Convenience stores – UAE 365 351 4.0% 365 351 4.0% convenience stores operating 2 12.2 11.0 10.9% 23.5 21.6 8.9% in the UAE Non-fuel transactions – UAE (m) metrics Conversion rate, C-stores, % 26.1% 24.8% 25.3% 24.6% Average gross basket size ($) 3 7.2 7.0 2.2% 7.3 7.2 2.3% 26 © ADNOC Distribution 1. Acquisition of a 50% stake in TotalEnergies Marketing Egypt completed in February 2023. 2. Includes convenience stores, car wash and oil change transactions 3. Calculated as convenience store revenue (including revenue from consignment items shown under other operating income) divided by number of convenience store transactions
Q2 / H1 2024 Results Page 25 Page 27