ADNOC Classification: Public Executive Summary Strategy Update Q3 & 9M 2024 Financial Results Closing Remarks Appendix EBITDA by operating segment $m Q3 2024 Q3 2023 YoY (%) 9M 2024 9M 2023 YoY (%) Retail (B2C) 183 214 -14.4% 558 528 5.7% Retail margin, % 11.1% 13.0% 11.5% 11.4% Commercial (B2B) 92 90 2.1% 230 218 5.4% of which Corporate 69 68 1.2% 168 164 2.6% of which Aviation 23 22 4.9% 62 54 13.8% Commercial margin, % 11.1% 11.4% 9.7% 9.9% 1 NM 2 0 NM Unallocated (1) (2) Total reported EBITDA 275 303 -9.2% 790 746 5.9% Underlying EBITDA2 271 239 13.6% 721 646 11.6% NM: Not meaningful ✓EBITDA: 9M’24 +6% Y-o-Y driven by strong growth across all 9M 2024 EBITDA split businesses and despite lower impact of inventory gains Commercial ✓Retail segment: +6% Y-o-Y supported by growth in volumes, (B2B) - aviation NFR business 8% Commercial ✓Commercial segment: EBITDA +5% Y-o-Y, supported by (B2B) - 21% growth in volumes corporate $790m1 Retail (B2C) - ✓Underlying EBITDA: 9M’24 +12% Y-o-Y supported by volumes 71% fuel and non- growth, higher contribution from non-fuel retail business, fuel international assets and delivery of OPEX reduction initiatives ADNOC Distribution 1. Includes unallocated amount of $2 million (other operating income/expenses not allocated to a specific segment) 20 © ADNOC Distribution 2. Underlying EBITDA is defined as EBITDA excluding inventory movements and one-offs