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ADNOC DISTRIBUTION ANNOUNCES APPOINTMENT OF NEW CHIEF EXECUTIVE OFFICER

ADNOC Distribution (ISIN: AEA006101017) (Symbol: ADNOCDIST), the UAE’s largest fuel and convenience store retailer, announced today the appointment of Eng. Bader Saeed Al Lamki as Chief Executive Officer. He will start his new role on Thursday, 27th May 2021. Eng. Al Lamki brings more than 20 years of diversified industry experience in the oil and gas, energy efficiency, clean energy and utilities sectors, and most recently held the role of CEO at the National Central Cooling Company PJSC (Tabreed), which is publicly listed on the Dubai Financial Market (DFM) (ISIN: AEN000501017). He has also held senior positions at Masdar, supporting business growth activities and the advancement of the company’s renewable energy portfolio in 25 countries, leading on a number of its most iconic projects. In addition, Eng. Al Lamki worked for Abu Dhabi Marine Operating Company (ADMA-OPCO), an ADNOC Group company, where he led a successful strategic initiative to increase the company’s daily oil production. Dr. Sultan Al Jaber, Chairman, ADNOC Distribution said: “I look forward to welcoming Eng. Bader onboard, an experienced CEO with a pedigree of success in his recent leadership roles, as we continue to drive forward with our smart growth strategy, with a focus on delivering modern fuel retail convenience to customers and added value to our shareholders.” Eng. Al Lamki will replace Ahmed Al Shamsi. The board of directors thanked Mr. Al Shamsi for his commitment during his tenure at ADNOC Distribution.