| Element List | Explanation |
|---|---|
| Introduction | Reference to the announcement of the Bank, published on the website of the Saudi Stock Exchange (Tadawul) on 16/11/1447H corresponding to 03/05/2026, relating to the commencement of the offering of Additional Tier 1 Sukuk denominated in Saudi Arabian Riyals by way of a private placement. The Bank is pleased to announce that it has completed the offering of the Sukuk. |
| Offer Type | Additional Tier 1 Sukuk denominated in Saudi Arabian Riyals under SAR 5,000,000,000 Additional Tier 1 Capital Sukuk Programme (the Programme). |
| Value of the offer | SAR 3,000,000,000 |
| Total number of (Bonds/Sukuk) | 3,000 (based on the minimum denomination and total issue size). |
| Par Value (Bonds/Sukuk) | SAR 1,000,000. |
| Return (Bonds/Sukuk) | 6.50% per annum. |
| Maturity (Bonds/Sukuk) | Perpetual. |
| Terms of Redemption | The Sukuk may be redeemed in certain cases as detailed in the Base Offering Circular in relation to the Programme. |
| Additional Information | The Bank has mandated Alinma Capital Company and HSBC Saudi Arabia as joint lead managers. 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 Sukuk. |