| Element List | Explanation |
|---|---|
| Introduction | The Saudi Investment Bank (the “Bank”) announces its intention to issue SAR additional tier 1 capital sukuk by way of private placement in the Kingdom of Saudi Arabia (the "Proposed Offer"), pursuant to its SAR 5,000,000,000 sukuk issuance programme. The Bank has mandated Alistithmar for Financial Securities and Brokerage Company and Al Rajhi Capital Company as joint lead managers and bookrunners for the potential offer. |
| Offer Type | Additional tier 1 capital Sukuk denominated in Saudi Arabian Riyals. |
| Date of the board’s decision | 2026-04-07 Corresponding to 1447-10-19 |
| Value of the offer | The amount and terms of the issuance will be determined at a later stage subject to the market conditions. |
| The Purpose of the offer | To enhance the additional tier 1 capital and fulfill the Bank’s financial and strategic needs. |
| Approvals | The Proposed Offer will be subject to the approval of the relevant regulatory authorities, and the offer will be made in compliance with applicable laws and regulations. |
| Additional Information | This announcement is not intended as an invitation or offer to purchase, acquire or subscribe to any securities. The Bank will announce any other relevant material developments to its shareholders in due course as required by the relevant rules and regulations. |