Disclosure of Material Information Form


Details
Boubyan Bank (K.S.C.)
04-10-2026

Material information form

Others
Disclosure on Boubyan Bank Securing Regulatory Approvals for the issuance of Perpetual Additional Tier 1 (AT1) Sukuk in an Amount Not Exceeding USD 500 Million
23/09/2026
Reference is made to the provisions of Chapter Four of the Tenth Module of the Executive Bylaws of the Capital Markets Authority's Law, pertinent to “Disclosure of Material Information” and the mechanism of its disclosure. We wish to advise that our bank has secured the preliminary approval of the Central Bank of Kuwait as well as the approval of the Capital Markets Authority for the issuance of perpetual Additional Tier 1 (AT1) sukuk in an amount not exceeding USD 500 million or the equivalent thereof in other currencies. Should it subsequently be decided to offer, market, and sell such sukuk in the State of Kuwait, a prospectus shall be prepared in accordance with the provisions of Law no. 7 of 2010 and its Executives Bylaws, as amended. Our bank would also like to disclose that it has sent a notice to Sukuk holders regarding its intention to call back the outstanding perpetual sukuk, which is part of the Additional Tier 1 Capital, previously issued on April 01st 2021 on the First Call Date of October 01st 2026, after satisfying all the applicable requirements and procedures and securing all relevant approvals from competent authorities. Our bank shall disclose the conclusion of the Call Back after the aforementioned First Call Date, as set out in the attached disclosure form.
There is no significant effect on the bank’s financial position.
109 Supplementary Disclosure 04 10 2026.pdf

Supplementary disclosure form

Supplementary disclosure by Boubyan Bank regarding the call back on USD denominated perpetual AT1 Sukuk originally issued in April 2021.
23-09-2026
Reference is made to the provisions of Chapter 4 of the Tenth Module of the Executive Bylaws of the Capital Markets Authority's Law, pertinent to “Disclosure of Material Information” and the mechanism of its disclosure. Further to our disclosure dated 23 September 2026 regarding sending notice of the bank intention to call back the outstanding perpetual sukuk. We would like to disclose the successful conclusion of the call back on 01 October 2026 as the bank has successfully called USD 500 million of the perpetual sukuk which is part of the Additional Tier 1 capital of the bank and previously issued on 01 April 2021.
There is no significant effect on the bank’s financial position.

Significant effect on the financial position shall be mentioned if the material information can measure that effect, excluding the financial effect resulting from tenders or similar contracts.

If a listed company, which is a member of a group, disclosed some material information related to it and has significant effect on other listed companies’ which are members of the same group, the other companies’ disclosure obligations are limited to disclosing the information and the financial effect occurring to that company itself.

The issuer of this disclosure bears full responsibility for the soundness, accuracy, and completeness of the information contained therein. The issuer acknowledges that it has assumed Care of a Prudent Person to avoid any misleading, false, or incomplete information. The Capital Markets Authority and Boursa Kuwait Securities Exchange shall have no liability whatsoever for the contents of this disclosure.This disclaimer applies to any damages incurred by any Person as a result of the publication of this disclosure, permitting its dissemination through their electronic systems or websites, or its use in any other manner.