| Introduction | With reference to the announcement from AlJazira Bank (the “Bank”) published on the website of the Saudi Exchange on 7/9/1447H (corresponding to 24/2/2026G) regarding the commencement of the Bank’s offer of SAR denominated additional tier 1 capital sukuk (the “Sukuk”) by way of private placement to eligible investors in the Kingdom of Saudi Arabia under its SAR 5,000,000,000 Additional Tier 1 Capital Sukuk Programme, the Bank would like to announce the completion of the offer of the Sukuk. The settlement of the issuance of the Sukuk will be on 23/9/1447H (corresponding to 12/3/2026G). |
| Offer Type | Private Placement of SAR denominated additional tier 1 capital sukuk. |
| Value of the offer | SAR 1,464,000,000 |
| Total number of (Bonds/Sukuk) | 1,464 (based on the minimum denomination and total issue size). |
| Par Value (Bonds/Sukuk) | SAR 1,000,000 per Sak |
| Return (Bonds/Sukuk) | 6.35% per annum from the issue date up to 18/11/1452H corresponding to 12/3/2031G. The rate of return will reset on that date and every five years thereafter in accordance with the applicable final terms relating to the Sukuk. |
| Maturity (Bonds/Sukuk) | Perpetual, callable after 5 years. |
| Terms of Redemption | The Sukuk may be redeemed in certain cases as detailed in the base offering circular in relation to the Sukuk. |