Page 25 - ADOC SUSTAINABILITY REPORT 2024

The topic identification involved review of various primary and secondary sources relevant to ADOC’s operations.

• Leading standards/ ESG frameworks:

- GRI 11 Sector standard ADOC SUSTAINABILITY REPORT 2024
- SASB Oil & gas - Exploration & production
- S&P Global Ratings ESG Research - Oil & gas sector
- Taskforce on Climate-related Financial Disclosures (TCFD) recommendations

- IPIECA Sustainability reporting guidance for the oil and gas industry
• World Economic Forum Global Risk Report 2025
• Global/regional trends in oil and gas sector, such as Oil and gas decarbonization charter, UAE's Net Zero by
2050 Strategy, UAE’s Climate Change Law 2024, ADNOC 2030 Strategy, etc.
• Materiality assessment review of peers
• ADOC’s material topics of 2023, where relevant

To gather insights from ADOC’s key external and internal stakeholders on the material topics identified, survey
questionnaires were designed. For the 2024 assessment, online forms was utilized as the survey platform. Separate
questionnaires were tailored and distributed to internal and external stakeholders to capture their respective perspectives
effectively. A diverse group of stakeholders was engaged to ensure a representative and balanced outcome.
The assessment process allowed for validation of 20 material topics, which were subsequently prioritized and grouped
under the four sustainability pillars. This prioritization ensures that ADOC’s sustainability efforts are strategically aligned
with both stakeholder expectations and organizational objectives.

MAPPING OUR MATERIAL TOPICS

The development of a materiality matrix enables ADOC to determine the relative prioritization of the identified material
topics, with each priority level requiring a different management approach tailored to its significance and impact.

As these topics can significantly impact ADOC and our stakeholders,
High priority topics: ADOC will strive towards setting industry benchmark in these topics
Lead & Shape and be prepared for a strategic and forward-looking approach that can
be adopted by regulators on these aspects.

Medium priority topics: For such topics, ADOC will align with industry best practices and

Align & Monitor closely monitor as these may transition into 'High Priority'.

Low priority topics: Although of low priority, ADOC will manage these topics by regular

Manage and Comply monitoring and ensuring regulatory compliance at the least.

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