ADNOC FERTILIZES (FERTIL)

<p class="MsoNormal" style="MARGIN: 0in 0in 0pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto"> &nbsp;</p> <p class="MsoNormal" style="MARGIN: 0in 0in 0pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto"> <span style="color:#000000;"><span style="font-size:16px;"><strong><span style="font-family: Arial;">ADNOC FERTILIZERS Ruwais Fertilizer Industries (FERTIL)</span></strong></span></span></p> <p class="MsoNormal" style="MARGIN: 0in 0in 0pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto"> &nbsp;</p> <p class="MsoNormal" style="MARGIN: 0in 0in 0pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto"> &nbsp;</p> <p> <span style="color:#000000;"><span style="font-family: Tahoma;">ADNOC Fertilizers was established in 1980, and our goal is to optimize the use of our country&rsquo;s natural gas resources, while maximizing profitability and delivering value to our shareholders, ADNOC (67%) and TOTAL (33%). Our first plant, FERTIL-1, began production of ammonia and urea in 1983, and our second plant, FERTIL-2, became operational in 2013.</span></span></p> <p> <span style="color:#000000;"><span style="font-family: Tahoma;">The introduction of FERTIL-2 has led to a significant increase in production, enabling us to both meet demand from our international customers, and increase our supply to the growing national agricultural sector in the UAE.</span></span></p> <p> <span style="color:#000000;"><span style="font-family: Tahoma;">ADNOC Fertilizers plays an important role in supporting ADNOC to meet its strategic petrochemical sector objectives &ndash; namely, to add value to the nation&rsquo;s resources, support industry diversification, and secure local market demand for nitrogen fertilizers.</span></span></p> <p> &nbsp;</p> <p> <span style="color:#000000;"><span style="font-family: Tahoma;">As a producer of urea, the world&#39;s most widely used nitrogen fertilizer, we form an important part of ADNOC&#39;s downstream business.</span></span></p>