ADNOC DISTRIBUTION

AT A GLANCE

As of December 31, 2024

ADNOC Distribution is a leading mobility retailer in the UAE. Since its inception in 1973,
the Company has continuously been at the forefront of delivering the best in customer service.

~

900

Stations in
our fuel retail
network

~

15

k

Workforce from
77+ nationalities

>

520

Convenience
stores in
our network

>

650

k

UAE retail
customers
served per day

~

2.3

m

Members in
our ADNOC
Rewards Loyalty
Program

~

40

mL

Fuel supplied
to customers
per day

220

EV fast and
super-fast
charging
points installed
across our UAE
network

2024

HIGHLIGHTS

Successfully navigating towards 2028 ambitions with a strong progress in 2024

+

59

New service
stations added,
including 33 in KSA,
Bringing the total
network to 896


+7%

compared to 2023


on track to reach

1,000

target by 2028

26.1

%

Convenience store
conversion rate


+140 bps

compared to 2023

>

15

billion liters

Total fuel
volume sold


+9%

compared to 2023

+

167

New fast and super-fast EV charging points installed, taking the total network to 220 in the UAE


4x growth

vs. 2023 level


on track to reach

over 500

charging points
by 2028

189

million

Fuel transactions


+5%

compared to 2023

+

10

%

YoY increase
in non-fuel
transactions to
49 million


on track to
achieve target of

+50%

increase in
transactions
by 2028 vs. 2023

66

million

Savings in operating
expenses on a
like-for-like basis


on track achieve
target of up to

AED 184 million

over 2024-28

0.69

X

Net debt to EBITDA Reflecting a strong balance sheet

AED

3.86

billion

EBITDA, the highest
since Company’s IPO


+5%

compared to 2023

AED

1.1

billion

Capital expenditure

28.8

%

Return on Capital
Employed


Best-in class rate
of return driven by
efficient capital
allocation

96

%

Customer satisfaction score

AED

2.57

billion

Dividend distributed
in 2024


Offering
attractive yield