Driving growth and prosperity We aspire to drive economic growth and sustainable progress wherever we operate. In the UAE, we support a resilient, diversified economy by strengthening domestic supply chains, creating high-skilled employment and increasing economic and long- term impact for the nation. We have two core programs that support the development of a diverse, sustainable and globally competitive national energy and manufacturing sector, while making our local supply chain more resilient: the In-Country Value (ICV) and Make it in the Emirates programs support the objective of the UAE’s Vision 2031. ADNOC’s ICV program, launched in 2018, aims to enhance the resilience of our value chain by increasing the use of local goods and services, encouraging domestic manufacturing and creating job opportunities for UAE nationals in the private sector. The implementation of the ICV program into our procurement process follows the ADNOC Group ICV Implementation Guidelines. In-Country Value program Industrialist career exhibition In partnership with the Ministry of Industry and Advanced Technology (MoIAT) and in collaboration with the Ministry of Human Resources and Emiratization (MoHRE) and Nafis, ADNOC organized targeted career exhibitions to enable the private sector to recruit UAE Nationals. They matched UAE Nationals with relevant career opportunities across industrial and advanced industries using a platform which enabled immediate interviews to fast- track recruitment. In 2024, we hosted two editions of this exhibition, offering more than 1,650 job opportunities. Value returned to the UAE economy through the ICV program 40 60 100 80 120 0 20 $ Billion 2018-2020 20.9 (76.7) 2023 11.2 (41.0) 140 8.2 (30.6) 2021 10.7 (39.4) 2022 2024 14.9 (55.0) 2025-2029 Target: Drive $122 billion back into the UAE’s economy by 2030 In 2024, our ICV program returned $14.9 billion (AED 55.0 billion) to the UAE economy, raising its total contribution to $65.9 billion (AED 242.0 billion) to date. Building on a strong year, we have updated our ICV program target to return $54.5 billion (AED 200 billion) to the UAE economy from 2025 to 2029. In 2024, we created 7,000 additional private sector jobs for UAE Nationals in our value chain, reaching a total of 18,500 jobs since the program’s inception in 2018. Building on this momentum, we are committed to reaching 25,000 private-sector job opportunities for UAE Nationals by 2028. To support local suppliers and their contribution to the UAE’s economy, we engaged with more than 100 suppliers through tailored awareness and capability-building sessions. In 2024, these efforts enhanced their readiness for ICV certification and improved competitiveness across our procurement process. $ billion (AED billion) Target: Return $54.5 billion (AED 200 billion) back into the UAE's economy from 2025-2029 104