| Element List | Explanation |
|---|---|
| Introduction | AlJazira Bank (the “Bank”) announces its intention to issue U.S. dollar denominated additional tier 1 capital certificates (the “Certificates”) [RJ1.1][RB1.2]under its additional tier 1 capital certificate issuance programme established on 4 September 2025, based on its Board of Directors resolution dated 21/01/1447H (corresponding to 16/07/2025G). The issuance is to be through a special purpose vehicle and by way of an offer to eligible investors in the Kingdom of Saudi Arabia and internationally (the “Proposed Offer”). The Bank has mandated Abu Dhabi Commercial Bank PJSC, AlJazira Capital, Arqaam Capital, ASB Capital Limited, Citigroup Global Markets Limited, Emirates NBD Bank P.J.S.C, First Abu Dhabi Bank PJSC, Goldman Sachs International, J.P. Morgan Securities plc, and Standard Chartered Bank as Joint Lead Managers in relation to the Proposed Offer. |
| Offer Type | U.S. dollar denominated additional tier 1 capital certificates. |
| Date of the board’s decision | 2025-07-16 Corresponding to 1447-01-21 |
| Value of the offer | The amount and terms of the offer of the Certificates will be determined at a later stage based on market conditions. |
| The Purpose of the offer | Improvement of Tier 1 capital and general banking purposes. |
| Approvals | The offer of the Certificates will be subject to the approval of the relevant regulatory authorities, as applicable, and will be made in compliance with relevant laws and regulations. |
| 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 Certificates. The Bank will announce any other relevant material developments in due course as required by the relevant laws and regulations. |
