Our Leadership ADNOCs Board of Directors comprises nine members, which includes the Managing Director and Group Chief Executive Officer (MD & GCEO). The Board has the power to form any number of committees it deems necessary for effective oversight of the Group, or to delegate all or some of its authority to any of the committees, as appropriate. The committees with delegated authorities include the ADNOC Board Executive Committee (ExCom), the Audit Committee and the ExCom Nomination and Remuneration Committee. The Board is responsible for overseeing the companys overall performance. In turn, the Board delegates day-to- day management responsibilities to its MD & GCEO, who has established and chairs the Executive Leadership Team Committee (ELT) as well as the Investment Committee (IC). The MD & GCEO further established the Tender Board and Business Leadership Committees. The ELT is responsible for overseeing Group corporate, organizational and operational matters and the IC is responsible for approving or endorsing Group strategy, budgetary and all matters related to significant investments. The Executive Office Directorate Business Line Directorates Responsible for growing, developing, and sustaining the value of new and existing businesses within the approved portfolio and strategy; together they strategically and actively manage the integrated Group companies in line with the relevant constitutional documents and funding/ business partnering philosophy ADNOC Board of Directors ADNOC MD & GCEO Our corporate governance structure Central Business Support Directorates and Functions Provide strategic and business support to the Executive Management Team and across ADNOC; these include Group HSE, Legal Governance and Compliance, Finance and Investment, Strategy Portfolio and Execution, Group Human Capital, Group Projects and Engineering, Commercial and ICV, Digital and Cybersecurity, Enterprise Risk Management and Business Continuity Audit Committee Assists the Board in carrying out its oversight responsibilities in relation to evaluating the effectiveness of governance, risk management, ethics and compliance programs and internal controls Report Report Direct Direct Direct Report ADNOC Executive Committee (ExCom) Oversees various business performance measures and affairs of the company ExCom Nomination and Remuneration Committee Responsible for approving and endorsing human capital matters, including policies related to the general framework for employees salaries, bonuses, incentives and remuneration Investment Committee Responsible for approving and endorsing group business plans and strategy, significant investments, budgets and Group performance scorecards. Executive Leadership Team Committee Responsible for approving and endorsing various corporate organizational and strategic matters, organizational human resource matters, and HSE strategic plans and policies. Business Leadership Committees Responsible for corporate organizational matters within the Business Line Directorates, significant investments and non-procurement commercial matters. ADNOC Tender Board 96