ADNOC Classification: Public Strong H1 2024 delivery across all business lines In H1 2024, ADNOC Distribution demonstrated growth in EBITDA of 16.2% year-on-year to AED 1,892 million, while net profit attributable to equity holders increased by 7.7% year-on-year to AED 1,172 million despite the impact of the UAE corporate tax. Net profit excluding the tax impact increased by 18.8% year-on-year. The strong financial performance was supported by double-digit growth in fuel volumes, continued expansion of the retail fuel network, higher number of non-fuel transactions, material improvement in convenience store conversion rate and a growing contribution from international operations (KSA and Egypt). Together with a robust balance sheet (net debt/EBITDA of 0.53x as of 30 June 2024) this provides support to future growth prospects in line with the new 2024-28 strategy approved by the Board of Directors and communicated to capital markets during the Investor Day in February 2024. Fuel business (retail and commercial) ADNOC Distribution’s UAE and KSA retail and commercial fuel volumes increased in H1 2024 by 7.0% year- on-year to 5.68 billion liters supported by region’s continued economic growth and higher mobility. New stations in Dubai and network renovation in Saudi Arabia resulted in incremental retail fuel volumes. This, together with economic growth momentum and higher mobility, resulted in a 5.4% increase in retail fuel volumes in the UAE and KSA to 3.72 billion liters compared to H1 2023. Including the operations in Egypt, ADNOC Distribution recorded a 10.4% year-on-year increase in the total fuel volumes to 7.22 billion liters, including 10.4% higher retail and 10.5% higher commercial fuel volumes. Network expansion: In H1 2024, ADNOC Distribution further expanded its retail fuel activities by adding 10 new stations in the UAE, KSA and Egypt and is on track to open 15-20 new stations in 2024. o Domestically: ADNOC Distribution added six new stations in the UAE in H1 2024 (one existing On the Go station in Abu Dhabi was closed during the period) to reach 534 stations in the home market, which compares to 511 stations at the end of H1 2023. o In Dubai, the Company opened one new station in H1 2024. As a result, ADNOC Distribution’s service station network in the emirate expanded to 45 stations at the end of the period, up by 7.1% from 42 stations at the end of H1 2023. o Internationally: ADNOC Distribution continued to execute on its plans in the Kingdom of Saudi Arabia, with two stations opened during H1 2024 (one existing station was returned during the period), taking the total network in the country to 69 stations at the end of the period. The Company has revitalized and rebranded c.85% of its KSA stations as of the end of H1 2024. During H1 2024, the Company’s assets in Egypt added two new service stations to the portfolio (one existing station was closed during the period) to reach 244 service stations at the end of the period. In addition, the Egypt portfolio comprised aviation fuel, lubricant and wholesale fuel operations as well as 100+ convenience stores, 250+ lube changing points and 15+ car wash locations. o Total network of ADNOC Distribution increased to 847 stations vs. 816 at the end of H1 2023. o Network of fast and super-fast EV charging points doubled to 104 vs. 53 at the end of 2023. Commercial business: In H1 2024, commercial segment fuel volumes in GCC increased by 10.1% compared to H1 2023 to 1.96 billion liters driven by an increase of 11.7% year-on-year in corporate business volumes. This was a result of execution of new contracts signed in 2023 and H1 2024, as the Company has been proactively focusing on gaining market share in Dubai and Northern Emirates. Commercial segment fuel volumes in Egypt increased by 13.5% compared to H1 2023. The growth was driven by a 43.1% year-on-year increase in aviation volumes supported by the continued tourism growth and was partially attributable to the timing of consolidation of TotalEnergies Marketing Egypt. 4 | P a g e