| Element List | Explanation |
|---|---|
| Introduction | Alinma Bank announces its intention to redeem its SAR 5,000,000,000 Additional Tier 1 Capital Sukuk (the Sukuk) on 16/01/1448H corresponding to 01/07/2026, in full, at face value. The Sukuk were issued 21/11/1442H corresponding to 01/07/2021, in the aggregate face amount of SAR 5,000,000,000, qualifying as Additional Tier 1 capital in accordance with the Saudi Central Bank (SAMA) regulations. Alinma Bank elected to redeem the Sukuk, at the contractual first call date of 16/01/1448H corresponding to 01/07/2026, where the face value of the Sukuk and any periodic profit distribution amount payable (for the period ending, but excluding, 16/01/1448H corresponding to 01/07/2026 will be transferred to Sukukholders on 16/01/1448H corresponding to 01/07/2026 based on their respective holdings on 01/01/1448H corresponding to 16/06/2026. The required regulatory approval has been obtained in this regard. |
| Offer Type | Additional Tier 1 Sukuk denominated in Saudi Arabian Riyals. |
| Value of the redeemed (sukuk\ bonds) | SAR 5,000,000,000. |
| Percentage of Redeemed (Bonds/Sukuk) out of Total Issued (bonds/sukuk) | 100 % |
| Number of redeemed (bonds/sukuk) | 5,000 Sakk. |
| Issuance Date | 2021-07-01 Corresponding to 1442-11-21 |
| Trading End Date | 16/01/1448H corresponding to 01/07/2026. |
| Sukuk Par Value at Redemption Date | SAR 1 million per Sakk. |
| Total issuance value after redemption | 0 |
| Date of Depositing the Amounts in the (Bonds/Sukuk) Holders Accounts | 2026-07-01 Corresponding to 1448-01-16 |
| Name of the Entity Responsible for the Deposit and Contact Details | Riyad Bank in its capacity as Payment Administrator and Riyad Capital in its capacity as Sukukholders' Agent. Further information in this regard may be obtained from the Payment Administrator or the Sukukholders’ Agent at rc-dcm@riyadcapital.com, cbd-tss-cmproductssupport@riyadbank.com |