| Element List | Explanation |
|---|---|
| Introduction | Riyad Bank is pleased to announce its intention to call (redeem) the SAR 3,000,000,000 tier 2 sukuk due 2031 (the “Sukuk”) (Tadawul Code: 1013 – Riyad Bank Tier 2 Sukuk), in full, at face value (100% of issue price) at the end of year five (5) (9 February 2026). The Sukuk was issued on 9 February 2021 for an aggregate value of SAR 3,000,000,000 with an original maturity of ten (10) years due on 9 February 2031 and, in accordance with the Sukuk's terms and conditions, Riyad Bank may call (redeem) the Sukuk on the periodic distribution date that falls on 9 February 2026. Regulatory approval has already been obtained in this regard. |
| Offer Type | Tier 2 Sukuk denominated in Saudi Arabian Riyals |
| Value of the redeemed (sukuk\ bonds) | SAR 3,000,000,000 |
| Percentage of Redeemed (Bonds/Sukuk) out of Total Issued (bonds/sukuk) | 100 % |
| Number of redeemed (bonds/sukuk) | 3,000 (based on the minimum denomination and total size) |
| Issuance Date | 2021-02-09 Corresponding to 1442-06-27 |
| Trading End Date | Date of redemption of the Sukuk: 21/08/1447H (corresponding to 09/02/2026G) |
| Sukuk Par Value at Redemption Date | SAR 1,000,000 |
| Total issuance value after redemption | 0 |
| Date of Depositing the Amounts in the (Bonds/Sukuk) Holders Accounts | 2026-02-09 Corresponding to 1447-08-21 |
| Name of the Entity Responsible for the Deposit and Contact Details | For any further information or questions, kindly contact the Investors Relations department: Phone number: 0114013030 extension (3502) during operating hours Email: Investor.relations@riyadbank.com |