Estithmar Holding QPSC Announces Update in Respect of Its Exchange Offer and Consent Solicitation

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES, ITS TERRITORIES AND POSSESSIONS (INCLUDING PUERTO RICO, THE U.S. VIRGIN ISLANDS, GUAM, AMERICAN SAMOA, WAKE ISLAND AND THE NORTHERN MARIANA ISLANDS), ANY STATE OF THE UNITED STATES OR THE DISTRICT OF COLUMBIA (THE “UNITED STATES”) OR TO ANY U.S. PERSON OR IN OR INTO ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS ANNOUNCEMENT.

Estithmar Holding Q.P.S.C. ("Estithmar") announces, further to the announcement dated 2 September 2026 (the "Previous Announcement"), an update in respect of the exchange offer and consent solicitation in relation to the QAR 900,000,000 Trust Certificates due September 2027 (ISIN: XS2884005047) issued by Estithmar Sukuk Limited LLC (the "Trustee") (the "Existing Certificates"). Capitalised terms used but not otherwise defined in this announcement shall have the meanings given to them in the Exchange Offer and Consent Solicitation Memorandum dated 2 September 2026 (the "Offer Memorandum").

Estithmar hereby announces that the Extraordinary Resolution will be considered at the Meeting of Certificateholders to be held at 12:00 p.m. (London time) on 24 September 2026 at the offices of Simmons & Simmons LLP, CityPoint, One Ropemaker Street, London EC2Y 9SS, United Kingdom.

The Meeting will be held in accordance with the Offer Memorandum and Certificateholders will be invited to consider and, if thought fit, pass the Extraordinary Resolution at the Meeting (or any adjourned Meeting). All valid Exchange Instructions and Voting Instructions submitted prior to the date of this announcement by way of Electronic Consent will remain valid and will automatically be treated as instructions for the purposes of the Meeting without any further action being required by the relevant Certificateholder. Exchange Instructions and Voting Instructions will be irrevocable except in the limited circumstances described in the Offer Memorandum.

Certificateholders may continue to submit Exchange Instructions and Voting Instructions until 4:00 p.m. (London time) on 21 September 2026 (the "Final Deadline") in accordance with the procedures described in the Offer Memorandum. Such Instructions will be treated as instructions for the purpose of the Meeting on 24 September 2026.

Save as described in this announcement, the terms of the Invitation, the Exchange Offer, the Consent Solicitation and the Proposal remain unchanged.

Full details of the Exchange Offer and Consent Solicitation, including the applicable conditions and procedures for participation, are set out in the Offer Memorandum, which is available to eligible holders at https://deals.is.kroll.com/estithmar and has also been announced via the Regulatory News Service of the London Stock Exchange.

The offer and distribution restrictions set out in the Previous Announcement and the Offer Memorandum continue to apply to this announcement as if set out in full.

This announcement has been authorised for release by Mr. Ramez MHD Ruslan Alkhayyat, Vice Chairman of Estithmar Holding Q.P.S.C.

Click here to download attachment