| Element List | Explanation |
|---|---|
| Introduction | With reference to the announcement made by SAL Saudi Logistics Services Company Services (“SAL” or the “Company”) published on the website of the Saudi Exchange on 16/07/1447H (corresponding to 05/01/2026G) relating to the Company's intention to issue a Saudi Riyal ("SAR") denominated Sukuk (the "Sukuk") by way of private placement in and/or outside the Kingdom of Saudi Arabia under its SAR Sukuk issuance programme (the "Programme"), the Company is pleased to announce the commencement of the offer of the Sukuk. |
| Offer Type | Private placement of SAR denominated Sukuk. |
| Value of the offer | The amount and terms of offer of the Sukuk will be determined at a later stage based on market conditions at that time. |
| Offering start Date | 2026-01-13 Corresponding to 1447-07-24 |
| Offering end Date | 2026-01-29 Corresponding to 1447-08-10 |
| The targeted class of the issuance | Institutional and Qualified clients as defined and in accordance with the Rules on the Offer of Securities and Continuing Obligations issued by the Capital Market Authority. |
| Name of Issuance Manager | The Company has appointed J.P. Morgan Saudi Arabia Company and SNB Capital Company as arrangers and dealers for the purpose of the Proposed Offer. |
| Minimum Subscription | SAR 1,000,000. |
| Offer Price (Sukuk /Bonds) | To be determined at a later stage based on market conditions at that time. |
| Par Value | SAR 1,000,000. |
| Return (Sukuk /Bonds) | To be determined at a later stage based on market conditions at that time. |
| Maturity (Sukuk /Bonds) | To be determined based on market conditions, subject to early redemption as specified in the base offering circular and the applicable final terms relating to the Sukuk. |
| Terms of Redemption | The Company may redeem the Sukuk, in certain events, before the expiry date as detailed in the base offering circular and the applicable final terms. |
| Additional Information | The Offering End Date referred to above is the expected date of the end of the offer, and is subject to market conditions. This announcement is not intended as an invitation or offer to purchase, acquire or subscribe to any securities. The Company will announce any other relevant material developments in due course as required by the relevant rules and regulations. For any further inquiries, please contact the Investor Relations Department at the email: Investor.Relations@sal.sa |