Aljazira Bank announces its determination to redeem its U.S.$500,000,000 tier 1 capital certificates

Element List	Explanation
Introduction	Aljazira Bank is pleased to announce its intention to call (redeem) the U.S.$500,000,000 tier 1 capital certificates (the “Sukuk”), in full, at face value (100% of issue price) on 29 June 2026. The Sukuk was issued on 29 June 2021 for an aggregate value of U.S.$500,000,000 and in accordance with the Sukuk's terms and conditions, Aljazira Bank may require BAJ Sukuk Tier 1 Limited as issuer to call the Sukuk on 29 June 2026. Regulatory approval has already been obtained in this regard. The redemption amount together with any periodic distribution accrued but unpaid will be paid by or on behalf of, BAJ Sukuk Tier 1 Limited on 29 June 2026 to the relevant holders of the Sukuk in accordance with the terms and conditions of the Sukuk.
Offer Type	International Tier 1 Sukuk denominated in U.S. dollars.
Value of the redeemed (sukuk\ bonds)	U.S.$500,000,000
Percentage of Redeemed (Bonds/Sukuk) out of Total Issued (bonds/sukuk)	100 %
Number of redeemed (bonds/sukuk)	2,500 (based on the minimum denomination and total size)
Issuance Date	2021-06-29 Corresponding to 1442-11-19
Trading End Date	Date of redemption of the Sukuk: 14/01/1448H (corresponding to 29/06/2026G)
Sukuk Par Value at Redemption Date	U.S.$200,000
Total issuance value after redemption	0
Date of Depositing the Amounts in the (Bonds/Sukuk) Holders Accounts	2026-06-29 Corresponding to 1448-01-14
Name of the Entity Responsible for the Deposit and Contact Details	For any further information or questions, kindly contact the Investors Relations department: Phone number: 966126098997 Email: IR@aljazirabank.com.sa