Our business and value chain ADNOC is an advanced and progressive international energy company taking transformative steps, in collaboration with our partners, to responsibly provide energy that people and economies need to thrive. We strive to provide greater access to energy to meet rising demand, drive greater value and enable the transformation of global energy systems. As a reliable provider of some of the world’s least carbon-intensive hydrocarbons, we are growing our production capacity to 5 million barrels per day (bpd) by 2027 and expanding our gas production, processing and liquefaction capacity in line with domestic and global energy demand. Our business growth helps strengthen local supply chains and the UAE economy, creating value for our local and international partners. We are creating opportunities for UAE Nationals in the private sector through our In-Country Value (ICV) program. We are also investing in the energies of the future to help us deliver long-term sustainable value and growth. The deployment of AI is central to our efforts to drive value, future-proof our business, and reduce emissions. We are powering the growth of AI and embedding the technology across our business, from the control room to the boardroom. In 2024, we launched a company-wide strategy to harness the power of AI to drive efficiency, sustainability and growth across our operations while equipping our colleagues with the skills to take full advantage of the technology’s potential. Building on decades of innovation and digital transformation, we will accelerate our ambition to become the world’s most AI-enabled energy company. People are at the heart of ADNOC. We are committed to developing talent, building future leaders and fostering a culture of collaboration. We also seek to strengthen national identity by championing initiatives that empower Emirati talent and reflect the UAE’s values. 12