HSBC Saudi Arabia Announces the Final Price for the initial public offering of United International Holding Company

On behalf of United International Holding Company (“UIHC” or the “Company”), HSBC Saudi Arabia in its capacity as the Sole Financial Advisor, Lead Manager, Joint Bookrunner and Joint Underwriter on the Company’s initial public offering announces the successful completion of the book-building process for the participating parties tranche and setting of the final offer price at SAR 132 per share with a coverage level of approximately 132x of the total offer shares.

The Individual Investor tranche subscription process will commence on Tuesday 19th of November 2024 and will end on Wednesday 20th of November 2024. A maximum of (7,500,000) offer shares, representing 10% of the total offer shares, will be allocated to Individual Investors.

For more information and for the prospectus, please visit the Capital Market Authority website (www.cma.org.sa) and the UIHC’s website (ipo.unitedholding.com.sa).

Announcement of the final offer price.

Date: 18 November 2024