| Element List | Explanation |
|---|---|
| Introduction | Reference is made to the announcement by Saudi Investment Bank (the “Bank”) published on the website of the Saudi Exchange (Tadawul) on 20/10/1447H corresponding to 08/04/2026G, relating to the commencement of the offer to issue Tier I sukuk ("Sukuk"), under its sukuk programme by way of private placement in the Kingdom of Saudi Arabia, the Bank is pleased to announce the completion of the offer and the settlement of the issuance of Sukuk on 16/11/1447H corresponding to 03/05/2026G. |
| Offer Type | SAR denominated Additional Tier 1 Sukuk. |
| Value of the offer | SAR 1,850,000,000. |
| Total number of (Bonds/Sukuk) | 1,850 Sak. |
| Par Value (Bonds/Sukuk) | SAR 1,000,000 per Sak. |
| Return (Bonds/Sukuk) | 6.50% per annum fixed rate payable semi-annually. The return rate shall reset on the Reset Date (as detailed in the offering circular). |
| Maturity (Bonds/Sukuk) | Perpetual (subject to early redemption on a First Call Date or as otherwise specified in the offering circular and the applicable final terms relating to the Sukuk). |
| Terms of Redemption | The Sukuk are perpetual securities and accordingly do not have a fixed or final redemption date. However, they may be redeemed by the Bank in certain cases as detailed in the base offering circular and the applicable final terms relating to the Sukuk. |
| 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. |