The sum of the absolute values of the eigenvalues of the extended adjacency matrix \( A_{ex}(\mathcal {G})\) (called the extended adjacency eigenvalues of \(\mathcal {G}\) ) of a graph \(\mathcal {G}\) is called the extended adjacency energy \(\mathcal {E}_{ex}(\mathcal {G})\) of \(\mathcal {G}\) . In this paper, we obtain some sharp upper and lower bounds for the extended adjacency energy in terms of different graph parameters and characterize the extremal graphs attaining these bounds. We show that our bounds are better than some already known bounds in the literature.