ADNOC Classification: Public Q3 2024 and 9M 2024 non-fuel transactions in the In Q3 2024, UAE convenience stores gross profit UAE increased by 10.3% and 9.4% year-on-year, increased by 11.2% year-on-year to AED 78 million respectively, driven by improved consumer and in 9M 2024 by 12.7% year-on-year to AED 230 sentiment, enhanced offerings following million driven by the higher number of transactions revitalization of the convenience stores, introduction as a result of enhanced customer offerings following of car wash tunnels and ongoing upgrade of revitalization of the convenience stores, marketing automatic car washes. and promotion campaigns as well as the higher F&B sales. In addition, the strong growth in non-fuel transactions was supported by marketing and promotion Average gross basket size increased by 1.5% year- campaigns under ADNOC Rewards loyalty program on-year in Q3 2024 compared to Q3 2023, and by to attract higher footfall and increase customer 2.0% year-on-year in 9M 2024 compared to 9M spending. 2023. In 9M 2024, convenience store conversion rate In its property management business, the Company increased by nearly 110 bps to a new record in five continues to transition its tenancy business to a years of 25.5% from 24.4% in 9M 2023. In Q3 2024 revenue-sharing model to maximize revenues and convenience store conversion rate was 25.9%, an profitability. In 9M 2024, the number of occupied and increase of 175 bps from 24.2% in Q3 2023. awarded properties for rent increased by nearly 10% year-on-year to 1,124 units. The UAE convenience stores revenue increased by 11.8% in Q3 2024 compared to Q3 2023, and by A number of vehicles inspected (fresh tests) in the 11.2% in 9M 2024 compared to 9M 2023, mainly Company’s vehicle inspection centres increased by driven by the higher number of transactions 21.0% in Q3 2024 compared to Q3 2023 and by compared to the same period of last year. 24.0% in 9M 2024 compared to 9M 2023, driven by a higher number of vehicle inspection centres, introduction of new services, and supported by marketing promotions. 19 | P a g e