ADNOC Classification: Public Executive Summary Strategy Update Q3 & 9M 2024 Financial Results Closing Remarks Appendix Financial performance Continued improvement in underlying profitability supported by strong operating performance Record-high EBITDA and underlying EBITDA in 9M'24 ($m)… Exceptional Q3’24 inventory gains distort Y-o-Y EBITDA comparisons, but underlying performance is strong ($m) 790 303 274 746 721 239 271 646 9M 23 9M 24 9M 23 9M 2024 Q3 23 Q3 24 Q3 23 Q3 24 EBITDA Underlying EBITDA EBITDA Underlying EBITDA Net profit in 9M’24 affected by the UAE tax introduction ($m)… … while in Q3’24 the Y-o-Y net profit comparison is also affected by exceptional inventory gains in the same period last year ($m) 524 524 551 501 227 227 182 198 9M 23 9M 24 9M 23 9M 2024 Q3 23 Q3 24 Q3 23 Q3 24 Net profit incl. UAE tax Net profit excl. UAE tax Net profit incl. UAE tax Net profit excl. UAE tax 17 © ADNOC Distribution