| Element List | Explanation |
|---|---|
| Introduction | The Bank published on the website of the Saudi Stock Exchange (Tadawul) on 09/11/1447H corresponding to 26/04/2026 regarding its intention to issue SAR-denominated Additional Tier 1 Capital Sukuk by way of a private placement offer. The Bank would like to announce the commencement of the offer 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 | The number and value of any Sukuk to be offered will be determined based on market conditions. |
| Offering start Date | 2026-05-03 Corresponding to 1447-11-16 |
| Offering end Date | 2026-05-17 Corresponding to 1447-11-30 |
| The targeted class of the issuance | Institutional and Qualified clients in accordance with the Rules on the offer of Securities and Continuing Obligations issued by the Capital Market Authority. |
| Name of Issuance Manager | The Bank has mandated Alinma Capital Company and HSBC Saudi Arabia as joint lead managers. |
| Minimum Subscription | SAR 1,000,000 |
| Offer Price (Sukuk /Bonds) | Subject to market conditions. |
| Par Value | SAR 1,000,000 |
| Return (Sukuk /Bonds) | Subject to market conditions. |
| Maturity (Sukuk /Bonds) | 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 | 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. The Bank will announce any other relevant material developments to its shareholders in due course. The Issuing End Date referred to above is the expected date of the end of the offering, subject to market conditions. |