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ADNOC Logistics & Services plc Capital/Financing Update 2024

May 29, 2024

66500_rns_2024-05-30_a45cc35e-836e-4afd-9ebd-49d682aac5d5.pdf

Capital/Financing Update

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ADNOC Classification: Public

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29-May-2024

ADNOC Logistics & Services Plc and Samsung Heavy Industries Sign Shipbuilding Letter of Intent

ADNOC Logistics and Services plc (ADNOC L&S) (ADX symbol ADNOCLS / ISIN AEE01268A239), and South Korean shipyard Samsung Heavy Industries Co. Ltd., have signed a Letter of Intent for the construction of minimum of at least three Liquified Natural Gas (LNG) carriers with options for at least two additional LNG carriers.

According to the terms of the Letter of Intent, each LNG carrier has a capacity of 174,000 cubic meters. The LNG carriers will be scheduled for delivery in 2028.

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About ADNOC Logistics & Services plc

ADNOC Logistics & Services plc, listed on the Abu Dhabi Securities Exchange (ADX symbol ADNOCLS / ISIN “AEE01268A239”) is a global energy maritime logistics company based in Abu Dhabi. Through its three business units; integrated logistics, shipping and marine services, ADNOC L&S serves more than 100 customers in over 50 countries.

To find out more, visit: www.adnocls.ae For media enquiries, please contact: [email protected] For investor enquiries, please contact: [email protected]