TAQA Business Overview H1 2023

• H1 2023 performance Underlying profitability impacted by O&G segment; recognition of ADNOC Gas stake boosts net income • One-off gain on recognition of ADNOC Gas investment biggest driver of bottom-line growth Free cash flow impacted by O&G segment performance and adjustments to related party balances from previous years Revenue (AEDm) +5.4% 26,804 25,426 H1'22 11,326 Adj. EBITDA (AEDM) -7.1% 10,517 1 -5.3% pts 1 44.5% 39.2% H1'23 H1'22 H1'23 Net income (TAQA share, AEDm) Free Cash Flow (AEDm) -22.9% +215.1% 8,277 13,495 4,283 6,385 16.8%1 +33.5% pts 50.3%¹ H1'22 H1'23 H1'22 1. Margin as a % of revenue H1'23 18 TAQA

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