Our “Advancing Towards Net Zero” publication charts our net zero journey and details our plans to make crucial contributions to the energy transition. Here we present our approach to integrating climate action and responsible practice within our operations and provide greater transparency on our performance, marking a new chapter in our transformational journey to a lower carbon future. In this rapidly changing and increasingly complex energy landscape, the destination is clear: a net-zero-emissions future. At ADNOC, we are excited about this journey and the positive impact we can have on ensuring an inclusive and orderly energy transition, as we steadfastly hold back emissions, not progress. Understanding that there is no one-size-fits-all solution in this journey, we are making strides on multiple fronts, investing in lower-carbon solutions and pushing the boundaries of innovation and technology, with an open invitation to build and strengthen global partnerships to accelerate decarbonization solutions. We are in the top tier of the lowest carbon intensity oil and gas producers in the world, and we continue to invest in reducing the carbon footprint of each unit of energy we produce. We are decarbonizing our operations, investing in renewables, building a global hydrogen value chain, deploying innovative climate technology solutions, and advancing nature-based solutions - such as planting 10 million mangroves in the UAE by 2030. We support the UAE’s Net Zero by 2050 Strategic Initiative. To this end, we are proud of our accelerated advancement towards zero methane emissions by 2030 and ensuring net-zero operations by 2045, continuing our legacy as a responsible global energy pioneer. We have achieved a series of significant milestones over the decades, driven by the dedication and ingenuity of our talented workforce, and have our sights set on doing more. We remain committed to being the partner of choice for navigating through the global energy transition. ADNOC Executive Management Team FOREWORD Al Jubail Mangroves, UAE 5 4 Advancing Towards Net Zero