| Introduction | Reference to the announcement from the Saudi Arabian Oil Company (Saudi Aramco) published on the website of the Saudi Exchange on 18/03/1447H (corresponding to 10 September 2025G) relating to the latest developments on the issuance of international trust certificates (sukuk) by Saudi Aramco pursuant to SA Global Sukuk Limited’s Trust Certificate Issuance Programme, Saudi Aramco announces the completion of issuing international trust certificates. |
| Offer Type | The trust certificates (sukuk) are U.S.$ denominated, direct, unsubordinated, unsecured and limited recourse obligations of SA Global Sukuk Limited. |
| Value of the offer | U.S.$3,000,000,000 (Three Billion United States Dollars). |
| Total number of (Bonds/Sukuk) | 15,000 (Fifteen Thousand). |
| Par Value (Bonds/Sukuk) | U.S.$200,000 (Two Hundred Thousand United States Dollars) and integral multiples of U.S.$1,000 (One Thousand United States Dollars) in excess thereof. |
| Return (Bonds/Sukuk) | 4.125% for trust certificates maturing in 5 years and 4.625% for trust certificates maturing in 10 years. |
| Maturity (Bonds/Sukuk) | 5 and 10 years. |
| Terms of Redemption | Redemption (dissolution) on maturity (Scheduled Dissolution Date); redemption following a Dissolution Event; early dissolution upon a Tax Event (at the option of Saudi Aramco); Clean-Up Dissolution Right (at the option of Saudi Aramco); dissolution upon a Total Loss Event; Tangibility Event Put Right (at the option of Certificateholders); Optional Dissolution Right (at the option of Saudi Aramco); Make Whole Dissolution Right (at the Option of Saudi Aramco); and Change of Control Put Right (at the option of Certificateholders). |
| Additional Information | The trust certificates will be issued in accordance with the Rule 144A/Reg S offering requirements under the U.S. Securities Act of 1933, as amended. The stabilisation rules of the Financial Conduct Authority (“FCA”) and the International Capital Market Association (“ICMA”) will also apply to the issuance. Application will be made for the trust certificates to be admitted to the official list of the FCA and to the London Stock Exchange plc and for such trust certificates to be admitted to trading on the London Stock Exchange’s main market. |