| Introduction | With reference to the announcement from the Saudi Arabian Mining Company (“Maaden”) published on the website of the Saudi Exchange on 03/08/1447H (corresponding to 22/01/2026G) regarding its intention to issue U.S. dollar denominated trust certificates (the “Trust Certificates”) through a special purpose vehicle and offering of the Trust Certificates to eligible investors in the Kingdom of Saudi Arabia and internationally, Maaden would like to announce the commencement of the offer of the Trust Certificates. |
| Offer Type | U.S. dollar denominated trust certificates. |
| Value of the offer | The amount and terms of offer of the Trust Certificates will be determined subject to the market conditions. |
| Offering start Date | 2026-01-22 Corresponding to 1447-08-03 |
| Offering end Date | 2026-01-29 Corresponding to 1447-08-10 |
| The targeted class of the issuance | Eligible investors in the Kingdom of Saudi Arabia and internationally. |
| Name of Issuance Manager | Maaden has mandated Albilad Investment Company, AlJazira Capital Company, Arab Banking Corporation (B.S.C.), Bank of China Limited, Hong Kong Branch, BNP PARIBAS, Citigroup Global Markets Limited, Goldman Sachs International, HSBC Bank plc, J.P. Morgan Securities plc, KFH Capital Investment Company K.S.C.C, Merril Lynch International, Mizuho International plc, Natixis and SNB Capital Company as Joint Lead Managers in relation to the Trust Certificates. |
| Minimum Subscription | USD 200,000 and in increments of USD 1,000 in excess thereof. |
| Offer Price (Sukuk /Bonds) | It is subject to market conditions. |
| Par Value | USD 200,000 |
| Return (Sukuk /Bonds) | It is subject to market conditions. |
| Maturity (Sukuk /Bonds) | The maturity date will be determined subject to market conditions. |
| Terms of Redemption | The Trust Certificates may be redeemed in certain cases as detailed in the relevant offering circular in relation to the Trust Certificates. |
| Additional Information | This announcement is not intended as an invitation or offer to purchase, acquire or subscribe to any securities and is subject to the terms and conditions of the Trust Certificates. Maaden will announce any other relevant material developments in due course as required by the relevant rules and regulations. |