Saudi Electricity Co. announces singing of a SAR 9 billion Syndicated Murabaha Local Facility

Element List	Explanation
Introduction	Saudi Electricity Co (SEC) announces signing a Syndicated Murabaha Facility agreement.
Date of Receiving the Credit Facility	2020-08-26 Corresponding to 1442-01-07
Financier	The National Commercial Bank,

Bank Albilad,

Al Rajhi Bank,

Riyad Bank,

Samba Financial Group,

Banque Saudi Fransi,

The Saudi British Bank Credit Facility value SAR 9 Billion Credit Facility duration 7 Years Guarantees Provided for Credit Facility Unsecured borrowing Purpose of the Credit Facility General corporate purposes including capital expenditure Related Parties Mr. Rashid Ibrahim Sharif, SEC’s board member is the vice chairman of the National Commercial Bank, which is a related party Additional Information N.A.

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.