Our strategy and reporting are informed by stakeholder engagements and materiality assessments. The outcomes of these exercises help us ensure we are covering the topics most relevant to our stakeholders, that we are addressing evolving risks and opportunities, and that our sustainability goals are aligned with our strategic business objectives. In 2023, we re-evaluated and updated our materiality assessment to ensure that our sustainability material matters remain relevant and timely. We identified each material topic based on our ability to influence the topic and create value over time; its impact on our corporate strategy and business activities; its importance to key internal and external stakeholders; its relevance to UAE policies and commitments; its connection with sector-specific trends; and its alignment with a range of reporting standards including the Global Reporting Initiative (GRI) 11: Oil and Gas Sector 2021. Our material topics We explored each topic in detail to understand its relevance to our operations and sustainability commitments. We conducted engagement workshops with key internal and external stakeholders and subject matter experts to test and validate our outcomes. We prioritized the topics based on strategic importance, significance to our stakeholders and our ability to create positive impact across the value chain. We identified 13 key material topics and mapped them to our priorities. Together towards net zero Protecting nature and biodiversity Empowering people and driving prosperity Keeping our people safe How we operate Climate change and GHG Impact on business Impact on business Impact on business Impact Very High High Moderate Impact on stakeholders Impact on stakeholders Impact on stakeholders Process safety and asset integrity Workforce protection Water and effluent management Waste management Local environment Biodiversity Business ethics Governance Socioeconomic impact Employment practices, development and wellbeing Diversity and equal opportunity Human rights 14