Bank AlJazira announces the completion of the offer of its SAR-denominated Additional Tier 1 Sukuk

Element List	Explanation
Introduction	Reference is made to the announcement of Bank AlJazira (the “Bank”) published on the website of the Saudi Stock Exchange (Tadawul) on 25/06/1446H (corresponding to 26/12/2024G), relating to the commencement of the Bank’s offer of a Saudi Riyal denominated Additional Tier 1 Sukuk (“Sukuk”) under its SAR 5,000,000,000 Additional Tier 1 Capital Sukuk Issuance Programme by way of private placement in the Kingdom of Saudi Arabia.

Element List

Explanation

Introduction

Reference is made to the announcement of Bank AlJazira (the “Bank”) published on the website of the Saudi Stock Exchange (Tadawul) on 25/06/1446H (corresponding to 26/12/2024G), relating to the commencement of the Bank’s offer of a Saudi Riyal denominated Additional Tier 1 Sukuk (“Sukuk”) under 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 Bank would like to announce that it has completed the offer of the Sukuk, and the settlement of the Sukuk issuance took place on 15/07/1446H (corresponding to 15/01/2025G). Offer Type Additional Tier 1 Sukuk denominated in Saudi Riyals. Value of the offer SAR 1,000,000,000 Total number of (Bonds/Sukuk) 1,000 Sukuk (based on the minimum denomination and total issue size). Par Value (Bonds/Sukuk) SAR 1,000,000 Return (Bonds/Sukuk) 6.30 % per annum fixed rate payable semi-annually, starting from the settlement date, which will occur on 15/07/1446H (corresponding to 15/01/2025G)

The rate of return will be reset on 11/09/1451H (corresponding to 15/01/2030G) (the “First Reset Date”). The rate of return will then be reset every fifth anniversary thereafter, as set out in the applicable final terms. Maturity (Bonds/Sukuk) Perpetual (subject to early redemption on a First Reset Date or as otherwise specified in the terms and conditions). Terms of Redemption The Sukuk are perpetual securities, with some redemption rights in certain cases as detailed in the offering circular in relation 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.

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.