Climate change risk management and resilience ADNOC’s Climate Change Risk Framework (CCRF) establishes a structured, Group-wide approach to identifying and managing the physical and transition dimensions of climate change across operations, assets and investments. Underpinned by defined taxonomies, prioritization criteria and governance mechanisms, the CCRF ensures consistent and decision-relevant assessments across the Group. It is integrated within ADNOC’s ERM system so that climate risks are subject to the same identification, escalation, governance and reporting rigor as other enterprise risks. Climate risk analysis is grounded in scenario-based modeling integrating the latest climate science and economic outlooks. Physical risk assessments draw on IPCC Sixth Assessment Report (AR6) scenarios including Shared Socioeconomic Pathways (SSPs) SSP1-2.6, SSP2-4.5 and SSP5-8.5, while transition risks are assessed using Network for Greening the Financial System (NGFS) scenarios, ensuring a forward- looking understanding of both acute and chronic risks across near-, medium- and long-term horizons. ADNOC operates across assets exposed to physical climate hazards characteristic of the Gulf region, including extreme heat, flash flooding, dust events and longer-term risks associated with sea level rise and water stress. During 2025, ADNOC progressed from framework design to on-the- ground application, piloting climate risk assessments (CRAs) across selected assets to systematically identify asset-level exposures to these hazards. As the CRA program scales, we progressively integrate our findings into asset integrity planning, capital investment decisions and operational resilience frameworks. The CRA methodology follows a consistent approach: • Hazard screening: prioritizing material climate threats at each asset using the CCRF taxonomy, evaluated for impact and likelihood across multiple scenarios • Receptor analysis: identifying vulnerable asset components, including critical systems, infrastructure, operations and workforce exposed to prioritized hazards • Vulnerability and risk assessment: mapping asset systems against climate hazards across near-, medium- and long- term horizons to assess evolving risk exposure • Adaptation planning: developing site-specific adaptation plans, with options assessed on feasibility, cost, effectiveness and implementation timeframe • Stakeholder engagement: sourcing cross-functional expert inputs, ensuring findings are integrated into business planning and investment decisions A key milestone in 2025 was the launch of ADNOC’s Business Resilience Platform, a digital solution designed to operationalize climate risk management at scale. Aligned with the CCRF, the platform provides a centralized view for asset-level exposure, vulnerability and adaptation measures. In its initial deployment, the platform integrates climate data, scenario modeling and asset-level intelligence into a single environment. It supports scenario-based stress testing using IPCC AR6 models, allowing users to simulate the impact of various climate futures on critical infrastructure and operations. The platform represents a meaningful step from periodic assessment in moving climate risk considerations to continuous operational and strategic decision-making. Business Resilience Platform – climate risk intelligence tool DELIVERY IN ACTION 114