As a progressive and responsible energy producer, ADNOC is committed to advancing this vision. We believe that addressing climate action while meeting the world’s rising energy demand requires pragmatic action, innovation and collaboration. ADNOC is working toward greater access to energy to drive value and enable the transformation of energy systems by ADNOC is strategically expanding its diversified energy portfolio to ensure secure, reliable and responsible energy delivery. Expanding a diversified energy portfolio Our approach leveraging advanced technologies, forging global partnerships and enabling progress in industrial decarbonization. Our integrated approach supports the delivery of secure, sustainable and inclusive energy for generations to come. Lower-carbon oil and gas production ADNOC remains committed to investing in decarbonizing our oil and gas value chain to deliver energy with carbon intensity that is among the lowest in the industry. We aim to be a leader in carbon efficiency by leveraging advanced technologies such as artificial intelligence (AI) in an effort to maximize efficiency and minimize emissions. Low-carbon hydrogen and ammonia production Already a major producer of hydrogen, ADNOC is investing in and deploying the latest technologies, while leveraging our global partnerships and expertise in carbon capture utilization and storage to build global low-carbon hydrogen and ammonia value chains. We aim to increase our low- carbon hydrogen portfolio capacity to one million tonnes per annum (mtpa) by 2030, positioning ADNOC as a leading producer. Investing in lower-carbon intensity LNG The Ruwais LNG project, set to commence operations in 2028, is projected to have a capacity of 9.6 mtpa, with 8 million tonnes already committed to international buyers. This facility will be powered by clean energy, positioning it as one of the world's lowest-carbon intensity LNG plants. Investing in renewable energy Through our shareholding in Masdar, ADNOC has invested in 51 gigawatts (GW) of renewable energy capacity globally and targets 100GW of renewable energy capacity by 2030. Global expansion ADNOC's international investment arm, XRG, is a transformative international energy investment company, focused on natural gas, chemicals and scalable energy solutions to help power AI and industry globally. Enabled by a $23 billion (AED 84.4 billion) capital allocation, we are: Taking steps to Decarbonizing our operations while providing for the continued supply of affordable, lower-carbon energy to global markets Accelerating the development of tomorrow’s clean energy systems through strategic investments in renewables, carbon capture, utilization and storage (CCUS), and low-carbon fuels such as low- carbon hydrogen and ammonia 61 ADNOC Sustainability Report 2024 ADVANCING NET ZERO KEEPING OUR PEOPLE SAFE EMPOWERING LIVES HOW WE OPERATE SUSTAINABILITY AT ADNOC ABOUT ADNOC PROTECTING NATURE AND BIODIVERSITY