Publication of Nayifat Red Herring Prospectus Announced

HSBC Saudi Arabia in its capacity as the Financial Advisor, Lead Book-runner, Lead Underwriter, and Lead Manager on the potential initial public offering of Nayifat Finance Company (“Nayifat” or the “Company”) and listing of its ordinary shares (“Shares”) on the Main Market of the Saudi Exchange, announces publication of the Company’s red herring prospectus.

For more information, please visit the Capital Market Authority website (https://cma.org.sa/Market/Prospectuses/Documents/Nayifat_ar.pdf) and Nayifat’s website (https://ipos.nayifat.com/home-saudi) where the red herring prospectus has been published.