This notice is for information purposes only and does not constitute an invitation or offer to sell, or the solicitation of an offer to buy or subscribe for, any securities. This notice is not, and is not intended to be, an offer for sale of securities of the Trustee (as defined below), or the solicitation of an offer to buy securities of the Trustee, in the United States. The securities referred to herein have not been, and will not be, registered under the U.S. Securities Act, or with any securities regulatory authority of any state or other jurisdiction of the United States, and may not be offered or sold within the United States except pursuant to an exemption under, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state or local securities laws. This notice and the information contained herein are not for distribution, directly or indirectly, in or into the United States. No public offer of the securities referred to herein is being or will be made in the United States.

BAJ SUKUK TIER 1 LIMITED

            (incorporated in the Cayman Islands with limited liability)

NOTICE OF REDEMPTION TO THE HOLDERS OF THE U.S.$500,000,000 TIER 1 CAPITAL CERTIFICATES (ISIN: XS2358740590) ISSUED ON 29 JUNE 2021 BY BAJ SUKUK TIER 1 LIMITED

BAJ Sukuk Tier 1 Limited (the Trustee) refers to the U.S.$500,000,000 Tier 1 Capital Certificates (ISIN: XS2358740590) (the Certificates) issued on 29 June 2021 by the Trustee.

Terms used and not defined in this notice have the same meanings ascribed thereto in the terms and conditions of the Certificates (the Conditions).

In accordance with Condition 10.1(b) (Trustee's Call Option) of the Certificates, the Trustee hereby gives irrevocable notice to the holders of the Certificates that the Trustee has elected to, and will, redeem all of the outstanding Certificates on 29 June 2026 at the Dissolution Distribution Amount (being 100 per cent. of the aggregate outstanding face amount of the Certificates together with any Outstanding Payments).

Upon such redemption (1) the Trust will terminate, the Certificates shall cease to represent undivided ownership interests in the Trust Assets and no further amounts shall be payable in respect thereof and the Trustee shall have no further obligations in respect thereof; and (2) the Certificates will forthwith be cancelled and de-listed from the London Stock Exchange plc's International Securities Market.

This notice is issued by the Trustee.

BAJ SUKUK TIER 1 LIMITED

8 June 2026