ADNOC Classification: Public Operating and financial review Fuel volumes In Q3 2024, total fuel volumes sold reached 3.83 In 9M 2024, total fuel volumes sold exceeded 11 billion liters, increasing by 7.0% year-on-year and billion liters, increasing by 9.2% year-on-year, setting a new quarterly volume record. driven by strong mobility trends and partially attributable to the timing of consolidation of In the GCC markets (UAE and KSA), Q3 2024 total TotalEnergies Marketing Egypt. fuel volumes exceeded 3 billion liters, up by 7.7% year-on-year, supported by ongoing growth in In GCC markets (UAE and KSA), 9M 2024 total fuel region’s economic activities and higher mobility as volumes amounted to 8.70 billion liters, up by 7.2% well as the network expansion. GCC retail fuel year-on-year, supported by ongoing growth in volumes increased by 7.1% while the commercial region’s economic activities and higher mobility as fuel volumes were up by 8.8% year-on-year. well as the network expansion. On a quarter-on-quarter basis, they increased by In 9M 2024, GCC retail fuel volumes increased by 4.8% and 15.7%, respectively, recovering in full and 6.0% year-on-year. Commercial fuel volumes were resuming growth post the impact of severe weather up by 9.6% driven by an increase of 10.8% in conditions that the UAE witnessed in April. corporate business and partially offset by a 10.5% decline in aviation business. Fuel volumes by segment Q3 24 Q2 24 QoQ % Q3 23 YoY % 9M 24 9M 23 YoY % (million liters) Retail (B2C) 2,619 2,482 5.5% 2,461 6.4% 7,630 6,999 9.0% Of which GCC 1,940 1,851 4.8% 1,812 7.1% 5,660 5,340 6.0% Of which Egypt 679 630 7.7% 649 4.6% 1,970 1,659 18.8% Commercial (B2B) 1,211 1,054 15.0% 1,117 8.4% 3,422 3,119 9.7% Of which GCC 1,077 931 15.7% 991 8.8% 3,040 2,773 9.6% Of which Egypt 134 123 9.1% 126 5.7% 383 346 10.7% Of which Corporate 1,097 960 14.2% 1,017 7.9% 3,117 2,841 9.7% Of which GCC 1,023 891 14.9% 936 9.2% 2,897 2,613 10.8% Of which Egypt 74 70 6.4% 80 -8.1% 220 228 -3.4% Of which Aviation 114 93 22.5% 100 14.1% 306 278 10.0% Of which GCC 55 40 35.2% 54 0.6% 143 160 -10.5% Of which Egypt 60 53 12.7% 46 30.0% 162 118 38.0% Total 3,830 3,535 8.3% 3,578 7.0% 11,052 10,118 9.2% Fuel volumes by product Q3 24 Q2 24 QoQ % Q3 23 YoY % 9M 24 9M 23 YoY % (million liters) (1) Gasoline 2,087 2,089 -0.1% 1,940 7.6% 6,165 5,617 9.7% Diesel 1,419 1,139 24.6% 1,342 5.8% 3,929 3,613 8.7% Aviation products 114 93 22.5% 100 14.1% 306 278 10.0% Others (2) 210 213 -1.7% 196 6.8% 653 609 7.2% Total 3,830 3,535 8.3% 3,578 7.0% 11,052 10,118 9.2% Of which GCC 3,018 2,782 8.5% 2,803 7.7% 8,700 8,113 7.2% Of which Egypt 813 753 7.9% 775 4.8% 2,353 2,004 17.4% (1) Includes grade 91, 95 and 98 unleaded gasoline (2) Includes CNG, LPG, kerosene, lubricants, and base oil 13 | P a g e