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ADNOC DISTRIBUTION ANNOUNCES THIRD-QUARTER 2021 RESULTS

ADNOC DISTRIBUTION ANNOUNCES THIRD-QUARTER 2021 RESULTS

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ADNOC Distribution Launches Upgraded Website www.adnocdistribution.ae

ADNOC Distribution has launched an upgraded version of its website, supported by a wide array of interactive features and functionalities.

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ADNOC DISTRIBUTION DELIVERING ON ITS GROWTH STRATEGY

64 new stations opened across the UAE in 2020, with 20 in Dubai, ahead of market guidance

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Our latest news and regulatory announcements

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ADNOC Distribution Launches One Of The World's Largest Superfast EV Charging Hubs; Reveals UAE Highway Electrification Roadmap

• Located on the E11 highway between Abu Dhabi and Dubai, flagship EV Megahub is the sixth largest superfast charging site in the world and is the largest across the Middle East, Africa, and Turkey with 60 charging points
• Launch marks a key milestone in ADNOC Distribution’s comprehensive roadmap to electrify UAE highways, with 20 highway hubs expected to launch by the end of 2027, including 15 planned in 2026.
• EV Megahub launch also marks the opening of the latest The Hub by ADNOC location designed as a commuter-first destination, blending fuel, EV charging, and retail into one seamless experience.


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ADNOC DISTRIBUTION MARKED A YEAR OF EXPANSION, TRANSFORMATION AND CONTINUED FUEL & RETAIL GROWTH IN 2023

• Company continued network expansion and exceeded its 2023 target to open 25-35 service stations by adding 41 new stations during the year
• Non-fuel retail business delivered approximately 12.9% year-on-year growth in number of transactions and hit a four-year-high convenience store conversion rate of 24.7%
• Company launched first phase of fast and super-fast electric vehicle charging points, reaching over 50 charging points across its UAE service stations network
• First nine ADNOC-branded service stations were launched in Egypt in 2023

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ADNOC DISTRIBUTION DELIVERS STRONG OPERATING PERFORMANCE AND GROWTH IN UNDERLYING PROFITABILITY IN H1 2023

Underlying EBITDA up by 9% and net profit excluding inventory movements rises over 2% Y-o-Y in H1 2023, driven by higher fuel volumes and efficiency improvements

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