Bank Aljazira announces intention to issue Additional Tier 1 Sukuk denominated in Saudi Riyals (SAR)

Element List	Explanation
Introduction	Bank AlJazira (the “Bank”) announces its intention to issue Additional Tier 1 Sukuk pursuant to its SAR 5,000,000,000 Additional Tier 1 Capital Sukuk Issuance Programme by way of private placement in the Kingdom of Saudi Arabia (the “Potential Offer”).

The Bank has mandated AlJazira Capital, Al Rajhi Capital and HSBC Saudi Arabia as Joint Lead Managers and Dealers for the Potential Offer. Offer Type Additional Tier 1 Sukuk denominated in Saudi Riyals (SAR) Date of the board’s decision 2024-11-26 Corresponding to 1446-05-24 Value of the offer The issuance amount and terms of offer of the Sukuk will be determined based on the market conditions. The Purpose of the offer To strengthen the capital base of the Bank, thus supporting the Bank’s financial and strategic needs. Approvals The offer will be subject to the approval of the relevant regulatory authorities, and the offer will be made in compliance with applicable laws and regulations. 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 in due course as required by the relevant laws and regulations.

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.