ADNOC Classification: Public Executive Summary Strategy Update Q3 & 9M 2024 Financial Results Closing Remarks Appendix Gross profit by operating segment $m Q3 2024 Q3 2023 YoY (%) 9M 2024 9M 2023 YoY (%) Retail (B2C) 319 344 -7.2% 955 903 5.7% of which fuel 261 291 -10.3% 786 754 4.3% of which non-fuel1 58 53 9.6% 168 149 13.0% Retail margin, % 19.4% 21.0% 19.6% 19.6% Commercial (B2B) 113 108 4.9% 300 270 11.1% of which Corporate 90 86 4.6% 235 215 9.4% of which Aviation 23 22 6.0% 65 56 17.0% Commercial margin, % 13.7% 13.6% 12.6% 12.2% Total 432 452 -4.3% 1,255 1,174 6.9% ✓Total gross profit: 9M’24 +7% Y-o-Y 9M 2024 gross profit split ✓Fuel retail gross profit in 9M’24 driven higher by volume growth Commercial (B2B) - Aviation ✓Non-fuel retail gross profit supported by growth in number of Commercial (B2B) 5% transactions, record-high convenience store conversion rate in five - Corporate 19% years, upgrade of the car wash offering and new initiatives in the $1,255m property management segment to drive rent income 13% 63% 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 9M 2024 18 ADNOC Distribution © ADNOC Distribution 1. Includes convenience stores, car wash, lube change, property management and vehicle inspection