| Element List | Explanation |
|---|---|
| Introduction | With reference to the announcement from Riyad Bank (the “Bank”) published on the website of the Saudi Exchange on 12/01/1447H (corresponding to 07/07/2025G) regarding the commencement of the Bank's offer of U.S. dollar denominated tier 2 trust certificates (the “Trust Certificates”) by way of an offer to eligible investors in the Kingdom of Saudi Arabia and internationally, the Bank would like to announce the completion of the offer of the Trust Certificates. The settlement of the issuance of the Trust Certificates will be on 19/01/1447H (corresponding to 14/07/2025G). |
| Offer Type | U.S. dollar denominated tier 2 trust certificates. |
| Value of the offer | USD 1,250,000,000 |
| Total number of (Bonds/Sukuk) | 6,250 (based on the minimum denomination and total issue size). |
| Par Value (Bonds/Sukuk) | USD 200,000 |
| Return (Bonds/Sukuk) | 6.209% (per annum) |
| Maturity (Bonds/Sukuk) | 10 years, callable after 5 years. |
| Terms of Redemption | The Trust Certificates may be redeemed in certain cases as detailed in the base offering circular in relation to the Trust Certificates. |
| Additional Information | The Trust Certificates will be listed on the London Stock Exchange's International Securities Market. The Trust Certificates may be sold in reliance on Regulation S under the US Securities Act of 1933, as amended. |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.