ADNOC Classification: Public Glossary ▪ Net debt is calculated as total interest bearing debt less cash and bank balances (including term deposits with banks). ▪ Free cash flow is calculated as net cash generated from operating activities less payments for purchase of property, plant & equipment, and advances to contractors. ▪ Capital employed is calculated as the sum of total assets minus non-interest bearing current liabilities. ▪ Return on capital employed is calculated as operating profit for the twelve months ended divided by capital employed on the last day of the period presented. ▪ Return on equity is calculated as profit distributable to equity holders of the Company for the period of twelve months ended divided by equity attributable to owners of the Company on the last day of the period presented. ▪ Net debt to EBITDA ratio is calculated interest bearing net debt as of the end of the period presented, divided by EBITDA for the twelve months ended on the last day of the period presented. ▪ Leverage ratio is calculated as (a) interest bearing net debt, divided by (b) the sum of interest bearing net debt plus total equity. ▪ Average basket size is calculated as convenience store revenue divided by number of convenience store transactions ▪ Average gross basket size is calculated as total convenience store sales revenue (including revenue from consignment items shown under other operating income) divided by number of convenience store transactions. 25 | P a g e