Alinma Bank — Capital/Financing Update 2021

Jun 9, 2021

Alinma Bank announces its determination to issue Additional Tier 1 Sukuk denominated in Saudi Riyals.

1150 · 09/06/2021 15:23:56 · Announcement #63707 · View on Saudi Exchange

Alinma Bank announces its determination to issue Additional Tier 1 Sukuk denominated in Saudi Riyals.

Element List	Explanation
Introduction	Alinma Bank (the “Bank”) announces its determination to issue SAR denominated Additional Tier 1 Sukuk.

The Bank has mandated Alinma Investment Company and J.P. Morgan Saudi Arabia Company as Joint Lead Managers and Joint Bookrunners for the potential private placement offer. Offer Type Additional Tier 1 Sukuk denominated in Saudi Riyals. Date of the board’s decision 2021-04-07 Corresponding to 1442-08-25 Value of the offer The number and value of any Sukuk to be offered will be determined based on market conditions. The Purpose of the offer The purpose of the potential offer is to strengthen the Bank’s capital base in accordance with the Basel III framework agreement. Approvals The potential offer will be subject to the approval of the relevant regulatory authorities and 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 and is subject to the terms and conditions of the Sukuk. The Bank will announce any other relevant material developments to its shareholders in due course.

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.