ADNOC Classification: Public Executive Summary Strategy Update Q3 & 9M 2024 Financial Results Closing Remarks Appendix OPEX update OPEX pressures from increasing network footprint Other1 Utilities 13% 9% 9M 2024 cash OPEX split Distribution 4% ($479m) & marketing 7% Repairs, 68% maintenance & Staff costs consumables ✓ ADNOC Distribution successfully executed management initiatives to increase operational efficiency across all business units ✓ 9M’24 cash OPEX (excl. one-off items) increased by only 2% Y-o-Y despite a 3% growth in the Company’s network ✓ 9M'24 like-for-like OPEX savings: $13 million ✓ On track to reduce like-for-like OPEX by up to $50 million by 2028 19 © ADNOC Distribution ADNOC Distribution 1. Other costs include lease cost, bank charges, insurance, subscriptions, legal fees, consultancies, etc.