ADNOC Classification: Public Financial summary AED million Q3 24 Q2 24 QoQ % Q3 23 YoY % 9M 24 9M 23 YoY % Revenue 9,083 8,784 3.4% 8,935 1.7% 26,617 25,065 6.2% Gross profit 1,587 1,541 3.0% 1,659 -4.3% 4,608 4,311 6.9% Gross margin, % 17.5% 17.5% 18.6% 17.3% 17.2% EBITDA 1,009 979 3.0% 1,111 -9.2% 2,901 2,739 5.9% EBITDA margin, % 11.1% 11.1% 12.4% 10.9% 10.9% (1) Underlying EBITDA 995 851 16.9% 876 13.6% 2,648 2,373 11.6% Operating profit 801 788 1.7% 942 -15.0% 2,325 2,234 4.1% Net profit attributable to 667 623 7.2% 835 -20.1% 1,840 1,924 -4.4% equity holders Net margin, % 7.3% 7.1% 9.3% 6.9% 7.7% Earnings per share 0.05 0.05 7.2% 0.07 -20.1% 0.15 0.15 -4.4% (AED/share) Net profit, excluding UAE 729 687 6.1% 835 -12.7% 2,023 1,924 5.1% corporate tax impact Net cash generated from 507 1,472 -65.6% 1,699 -70.2% 2,844 3,326 -14.5% operating activities Capital expenditures 307 201 53.1% 236 30.2% 677 620 9.2% Free cash flow (2) 178 1,212 -85.3% 1,447 -87.7% 1,971 2,669 -26.2% Total equity 2,940 3,576 -17.8% 2,889 1.8% 2,940 2,889 1.8% (3) Net debt 2,137 2,094 2.1% 2,267 -5.7% 2,137 2,267 -5.7% Capital employed 10,418 11,069 -5.9% 10,280 1.3% 10,418 10,280 1.3% Return on capital employed 29.5% 29.0% 26.6% 29.5% 26.6% (ROCE), % Return on equity (ROE), % 94.3% 80.8% 83.8% 94.3% 83.8% (3) Net debt to EBITDA ratio 0.56 0.53 0.67 0.56 0.67 Leverage ratio, % 42.1% 36.9% 44.0% 42.1% 44.0% (1) Underlying EBITDA is defined as EBITDA excluding inventory movements and one-off items (2) Free cash flow is defined as net cash generated from operating activities less payments for purchase of property, plant & equipment, and advances to contractors (3) Cash and bank balances used for net debt calculation include term deposits with banks Note: See the Glossary for the calculation of certain metrics referred to above 12 | P a g e