ADNOC Classification: Public OPEX ADNOC Distribution cash OPEX increased in H1 2024 by 8.4% year-on-year to AED 1,160 million which is partially explained by a one-off cost of AED 10 million vs. a one-off gain of AED 70 million in H1 2023. Excluding the impact of the one-off items, the cash OPEX increased by 0.9% year-on-year to AED 1,150 million, while the Company’s operations and associated costs expanded. In particular, number of stations in the UAE and KSA increased by 4.9% at the end of H1 2024 compared to the end of H1 2023. In addition, ADNOC Distribution recorded additional costs associated with the assets in Egypt due to the timing of consolidation of TotalEnergies Marketing Egypt. In H1 2024, the Company achieved like-for-like OPEX savings of AED 37 million, on track to reduce like-for-like OPEX by up to AED 184 million ($50 million) by 2028. Efficient capital allocation In line with the plans to continue with its expansion strategy, ADNOC Distribution invested (including accruals/provisions) AED 370 million in H1 2024, of which nearly 60% spent on growth. Our target remains to spend AED 0.9-1.1 billion ($ 250-300 million) on CAPEX in 2024. ADNOC Distribution has demonstrated a proven track-record of value creation since IPO, by pursuing new opportunities in domestic and international markets and allocating cash towards growth. Through efficient capital allocation, the Company has consistently achieved healthy rates of return, including Return on Capital Employed (ROCE) of 29.0% in H1 2024 (24.3 % in H1 2023) and Return on Equity (ROE) of 80.8 % in H1 2024 (70.1% in H1 2023). In H1 2024, ADNOC Distribution had free cash flow of AED 1,793 million, an increase of 46.7% year-on-year. Excluding the effect of working capital changes, in H1 2024 free cash flow increased by 8.7% vs. H1 2023. At the end of June 2024, the Company maintained a strong financial position with liquidity of AED 6.2 billion in the form of AED 3.4 billion in cash and cash equivalents and AED 2.8 billion in unutilized credit facility. The balance sheet remained strong with a net debt to EBITDA ratio of 0.53x as of 30 June 2024 (0.62x as of 31 December 2023). Eng. Bader Al Lamki – Chief Executive Officer: ADNOC Distribution continued to achieve strong financial results in the second quarter of 2024. These results, marked by double-digit growth in EBITDA and net profit, highlight our effective pursuit of the Company’s five- year strategy, focusing on domestic growth, international platforms, future-proofing the business and investing in convenience and mobility. We are well-positioned to build on this momentum in the second half of the year, leveraging our increasingly diversified revenue streams to continue delivering value to shareholders. To constantly meet changing consumer demands, we are committed to the pursuit of pioneering AI, technology, and innovation-enabled growth to continuously unlock value. To that end, we are embedding AI within our operational framework, developing wide-ranging digital solutions, yielding significant and measurable efficiencies. 6 | P a g e