premargin

Element List	Explanation
Introduction	With reference to the announcement by Intelligent Oud Trading Company (the "Company" or the "Issuer") on the Tadawul website regarding its intention to issue Saudi Riyal-denominated sukuk (the "Sukuk") under the SAR 300,000,000 sukuk issuance programme (the "Programme"), the Company announces the commencement of the offer period for the Sukuk and the subscription period for both retail and institutional investors.
Offer Type	Senior, credit-enhanced sukuk denominated in Saudi Riyals, structured under a Mudaraba/Murabaha format.
Value of the offer	The issuance size has been initially set at SAR 50,000,000. The final issuance size will be determined upon completion of the offer period based on prevailing market conditions at that time.
Offering start Date	2026-05-10 Corresponding to 1447-11-23
Offering end Date	2026-05-14 Corresponding to 1447-11-27
The targeted class of the issuance	The Sukuk will be offered to retail and institutional investors for subscription within the Kingdom of Saudi Arabia.
Name of Issuance Manager	Impact46 Capital as Financial Advisor and Sole Arranger.
Minimum Subscription	One sukuk (SAR 1,000).
Offer Price (Sukuk /Bonds)	SAR 1,000 per sukuk.
Par Value	SAR 1,000.
Return (Sukuk /Bonds)	10.50% per annum, paid semi-annually.
Maturity (Sukuk /Bonds)	Five years, with an issuer call option exercisable after (24) months from the issuance date, and at any time thereafter. If the call option is exercised prior to a profit distribution date, accrued profit shall be calculated up to the redemption date in accordance with the terms and conditions.
Terms of Redemption	The Sukuk will be redeemed at 100% of the aggregate nominal value of the series on the scheduled maturity date, and may be redeemed earlier in the circumstances described in the Terms and Conditions.
Additional Information	• Credit Enhancement: The first issuance under the programme incorporates a Sukuk Servicing Reserve Account (SSRA) under which the Issuer maintains a reserve balance equivalent to 12 months of profit distributions. The reserve is used exclusively to cover sukuk profit distributions in the event the Issuer experiences a shortfall in its cash flows, and to support the final payment at maturity. • Credit Rating of the Sukuk: BBB- (preliminary), issued by RATING, relating to the first issuance under the programme, based on an assumed issuance size of SAR 50 million. • Zakat Treatment: The Company will treat the Sukuk as capital for Zakat purposes throughout the period during which the Sukuk are outstanding and will accordingly include the nominal value of the Sukuk within its Zakat base for the payment of any Zakat due. • Ranking of the Sukuk: Senior, unsubordinated and unsecured, with credit enhancement. • Periodic Profit Distribution: Fixed, paid semi-annually. • Receiving Agents: SNB Capital, Al Rajhi Capital, ajb Capital, Derayah Financial, Saudi Fransi Capital, Alistithmar Capital, Albilad Capital, SAB Investment, anb Capital, Riyad Capital, Alinma Investment, Musharaka Capital, Sukuk Capital, EFG Hermes, Yaqeen Capital, Alkhabeer Capital, and Arat Capital. • Further Details: For further details and terms (including the credit enhancement, subscription process, risk factors, and other details), please refer to the Base Prospectus available on the website of the Capital Market Authority (https://cma.org.sa). The Base Prospectus may also be accessed directly via the following link: https://cma.gov.sa/Market/Prospectuses/Documents/ioud_Prospectus_Final_ar.pdf • The purchase of the Sukuk is subject to all the terms and conditions set out in the application form and the Base Prospectus. This announcement does not constitute an offer or invitation to purchase, hold, or subscribe to any securities.

Intelligent Oud Company for Trading Announces the Start of Issuing Senior, credit-enhanced sukuk denominated in Saudi Riyals, structured under a Mudaraba/Murabaha format.