| Element List | Explanation |
|---|---|
| Introduction | With reference to the announcement from The Saudi National Bank (“SNB”) published on the website of the Saudi Exchange (Tadawul) on 26/07/1447H (corresponding to 15/01/2026G) regarding the commencement of SNB’s offer of U.S. dollar denominated additional tier 1 capital notes (the “Notes”) by way of an offer to eligible investors in the Kingdom of Saudi Arabia and internationally, SNB would like to announce the completion of the offer of the Notes, and the settlement of the Notes issuance will be on 03/08/1447H (corresponding to 22/01/2026G). |
| Offer Type | U.S. dollar denominated additional tier 1 capital notes. |
| Value of the offer | USD 1,000,000,000 |
| Total number of (Bonds/Sukuk) | 5,000 (based on the minimum denomination and total issue size). |
| Par Value (Bonds/Sukuk) | USD 200,000 |
| Return (Bonds/Sukuk) | 6.15% per annum |
| Maturity (Bonds/Sukuk) | Perpetual, callable after 5.5 years. |
| Terms of Redemption | The Notes may be redeemed in certain cases as detailed in the base offering circular in relation to the Notes. |
| Additional Information | The Notes will be listed on the London Stock Exchange's International Securities Market. The Notes 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.