There’s one path to business in the Gulf Board About of Directors GIB

Gulf International Bank (GIB) is a Commencing operations in the Kingdom full-fledged financial services institution, of Bahrain in 1976, GIB is licensed by the working in partnership with its clients Central Bank of Bahrain as a conventional to deliver innovative bespoke banking wholesale bank. Owned by the governments solutions. These cover conventional and of the six Gulf Cooperation Council (GCC) Shariah-compliant corporate banking, countries, GIB’s principal shareholder is the debt and equity capital market-related Public Investment Fund of the Kingdom of services, financial advisory, asset management Saudi Arabia, with a majority stake of 97.2 and treasury, together with the MENA region’s per cent. first Shariah-compliant digital retail bank, ‘Meem’. Supported by cutting-edge technology, H.E. Jammaz bin Abdullah Al-Suhaimi Prof. Abdullah bin Hassan Alabdulgader Mr. Abdulla bin Mohammed Al Zamil the Bank operates in strict accordance to Chairman since 2008 Vice Chairman since 2016 Director since 2009 the highest global standards of ethical and Kingdom of Saudi Arabia Director since 2009 Kingdom of Saudi Arabia Kingdom of Saudi Arabia professional conduct.

GIB employs over 1,100 professionals across the globe. Its principal subsidiaries are London-based GIB (UK) Limited (GIB UK) and -based GIB Capital in the Kingdom of Saudi Arabia. The Bank has international branches in London and New York; regional branches in Riyadh, Jeddah and in Saudi Arabia, and Abu Dhabi in the United Arab Emirates (UAE), together with a representative office in Dubai, UAE. Mr. Khaled bin Saleh Al-Mudaifer Mr. Omar Hadir Al-Farisi Dr. Yahya A. Alyahya Director since 2009 Director since 2012 Director since 2012 Kingdom of Saudi Arabia United States of America Chairman, Gulf International Bank (UK) Lt Kingdom of Saudi Arabia

Mr. Abdulaziz Al-Helaissi Director since 2016 Group Chief Executive Officer Gulf International Bank Kingdom of Saudi Arabia

4 5 Key

Milestones 2015: GIB launches retail 2000: GIB becomes the first banking services in Saudi Arabia non-Saudi bank to be awarded through Meem, offering online and a branch license in the Kingdom is founded in the Kingdom of Bahrain mobile banking services, using an 1975: GIB of Saudi Arabia with the launch and is licensed as a conventional wholesale innovative approach focused on of its branch in Riyadh bank by the Central Bank of Bahrain technology

2005: GIB opens a branch 1976: GIB commences operations in Jeddah 2008: GIB establishes GIB Capital LLC in Riyadh, a wholly 1978: GIB opens its first representative owned subsidiary, strengthening office in London, upgrading it to a full branch its Saudi Arabian presence in 1979

2016: GIB unveils its new 1980: GIB opens New York corporate identity office, the first US branch of any Arab bank

1980: GIB intensifies its GCC focus, drawing capital 2016: GIB celebrates to the region by financing its 40th anniversary major infrastructure deals in 2015: GIB upgrades collaboration with leading its Abu Dhabi office international institutions to a wholesale branch and opens a representative office in Dubai 2014: GIB opens its third Saudi branch and head office in Al Dhahran, Saudi Arabia

2017: GIB granted approval 2010: GIB transforms itself from to become a local bank in a wholesale bank into a leading Saudi Arabia. pan-GCC universal bank 2017: GIB granted retail banking license in Bahrain

1999: GIB acquires London-based Saudi International Bank (SIB), subsequently renaming it Gulf International Bank (UK) Limited, creating a larger, more versatile banking group; GIB UK is a fully-owned subsidiary of GIB

1990: GIB inaugurates a representative office in Abu 6 Dhabi 7 Strength through evolution

• GIB arranges a US$ 500 million Ijara syndication for Sharjah Electricity and Key Deals Water Authority 2013 • GIB arranges a US$ 250 million revolving • GIB lead arranges SAR 3 billion contract credit facility for Mumtalakat, Bahrain’s financing facilities for Saudi Binladin Group sovereign investment fund for the expansion of King Abdullah International Airport in Jeddah • GIB participates in a SAR 1.95 billion The most successful infrastructure Shariah-compliant financing facility for • GIB arranges a US$ 1 billion Murabaha Arabian Centres Company deals in the Gulf have one facility and SAR 1.6 billion revolving Murabaha facility for Saudi Aramco Mobil Refinery thing in common 8 Company • The Gulf’s largest institutional investment manager • MENA’s first Shariah-compliant digital retail proposition

2014 • GIB Capital acted as co-lead manager 2016 and co-financial advisor for a US$ 6 billion IPO by National Commercial Bank (NCB), • GIB is global coordinator, mandated the MENA region’s largest ever IPO to lead arranger and financier for a US$ 1.5 date, and the second largest in the world billion term facility to part-finance the that year construction of Pot Line 6 expansion of Aluminium Bahrain (Alba), which is the • GIB Capital was joint lead manager single largest corporate loan deal in the and joint book runner for a 30-year US$ history of Bahrain 1.25 billion bond issue by the Kingdom of Bahrain • GIB is arranger for a US$ 4.7 billion, 7-year term facility to refinance outstanding • GIB Capital was joint lead manager and indebtedness of Yanbu Aramco Sinopec joint book runner for a five-year US$ 1.5 Refinery (YASREF), Saudi Arabia billion Sukuk issued by the Islamic Development Bank • GIB Capital closed a transaction of a SAR 1 billion 5-year Sukuk issuance for Rawabi Valliance Offshore Services 2015 • GIB Capital closed a transaction of a Over the past four decades, GIB has • GIB underwrote and syndicated a US$ US$ 1.5 billion 5-year Sukuk issuance for weathered a series of global economic 1 billion sovereign loan to the Government the Islamic Development Bank, a SAR 2 upheavals, financial crises, market crashes of Oman billion 5-year bond for Gulf International and geo-political tensions, only to emerge Bank, and a SAR 2 billion 10-year non-call stronger and fitter; with the experience • GIB Capital arranged a SAR 700 million 5-year Sukuk for Bank Al Jazira and resources to face the challenges of Murabaha facility to a privately owned Looking to a new global economic paradigm with Saudi conglomerate confidence and determination. the future • GIB participated in aircraft financing Since commencing operations in 1976, deals for a major carrier in the region, GIB has steadily evolved from a loan-driven and participated in a US$ 1.5 billion merchant bank to a full-fledged financial The Bank recently launched a retail banking syndicated facility services institution, highly respected for its arm through its futuristic Meem brand in pioneering spirit, professionalism and the Kingdom of Saudi Arabia, bringing it integrity; and its ability to leverage its firmly into the digital age, and marking the market knowledge and insight for the latest phase in its ongoing development. benefit of its clients. GIB is now more perceptive, collaborative and agile. This has earned GIB a growing reputation as the ‘Gulf’s International Bank’, providing a GIB invites its clients to be partners in this vital investment and business conduit that continuing evolution. The Bank remains connects the region with major financial committed to learning and growth, centres across the world. The Bank plays a honouring its past, but always looking key role in attracting international finance towards the future. for industrial and infrastructure projects in the Gulf, while enabling GCC-based clients 10 11 to access global marketplaces such as London and New York. The Gulf’s Retail Banking International Bank in the digital age

GIB’s refreshed brand identity reinforces A major strategic development in 2016 Launched in the Kingdom of Saudi Arabia its vision, values, and culture, building was the decision to develop GIB’s asset in January 2015. Meem is the retail upon its strategic transformation to a full management capability through GIB banking services arm of GIB. service bank, offering its clients a wider Capital. Having on-boarded a number of range of bespoke products and services. high calibre individuals, GIB Capital aims to Created with over 30,000 social media GIB has evolved and diversified over the grow the capabilities of its asset management influencers, Meem’s aim is to simplify the past 40 years to an international bank business on the ground in Saudi Arabia and customer experience when dealing with that services clients all over the world the GCC region, by developing a product their finances. Meem provides its with a broad range of products, specifically portfolio that meets the needs of regional customers with a quick, dynamic and adapted to unique client requirements. clients. This is further enhanced by leveraging the unique retail banking experience. asset management capability of GIB UK, Leveraging the financial strength of a which remains a key pillar to the Group’s Combining online and mobile banking shareholder base that includes all six GCC asset management business, offering a with state-of-the-art physical locations, governments, GIB is building on its legacy strategic advantage from a talent acquisition Meem’s services are supported by three through sound risk management and and global visibility perspective. futuristic customer stores and nine corporate governance. These bedrock ‘nano-stores’, which together create a strengths, along with a willingness to always Since early 2016, under the guidance of a new unique retail experience for its clientele. move forward with the times, are helping the CEO, Abdulaziz Al-Helaissi, an experienced Bank to nurture decades-old relationships of investment banker who has held key With minimal paperwork required, Meem trust with a client base comprising of many of private and public sector leadership is a complete departure from traditional the world’s largest institutional investors, roles, GIB has charted a new course to banking. including sovereign wealth funds, pension navigate today’s challenging economic funds and multinational corporations. environment, and further strengthen its presence in its core markets. GIB is expanding. Three new corporate banking branches have opened in the Eastern, Central and Western provinces of Saudi Arabia to complement its Bahrain-based headquarters; London-based asset management arm, GIB UK; and Riyadh-based investment banking arm GIB Capital. As part of the same evolutionary process, the Bank’s Abu Dhabi representative office was recently converted into a fully-fledged wholesale banking branch, with a new representative office also opening in Dubai.

12 13 Wholesale Banking: Customised Corporate Solutions

Consistently ranked at the top of the Wholesale Banking is GIB’s core business, Middle East league tables, particularly and a major part of its future growth strategy. as an underwriter and lead arranger, GIB The Bank is focused on diversifying its is an unrivaled leader in regional project client base and product offerings, as well as and structured finance, having arranged expanding its geographic presence across billions of dollars in transactions across target markets. In addition to a relationship many industries, including power and management team based in the Gulf, GIB water, oil and gas, petrochemicals, LNG has international banking teams in New and infrastructure. GIB’s vast network of York and London that leverage the Bank’s relationships enables it to arrange and local and regional knowledge to serve distribute syndicated credit products for non-GCC clients looking to invest in the large infrastructure projects, corporate region. clients and financial institutions, and to advise them on market appetite, structures and strategy.

GIB is also a leader in providing unique cover and hedging solutions to mitigate risk; and financing solutions for big ticket assets such as ships, aircraft and rigs.

The Bank’s global transaction banking portal (GTB) provides cash management and trade finance solutions to support clients’ trade transactions, domestic and foreign currency accounts, and payment capabilities, together with account structuring facilities. These are complemented by payment and collections services to assist in optimising their cash flow cycles and improving operating efficiencies.

Many people understand money How many understand people 14 15 Treasury: Enabling Innovation

GIB continues to diversify its range of feedback and rapidly changing requirements, sophisticated hedging and investment while also ensuring regular follow up and solutions, helping government agencies, support. This kind of customer empowerment financial institutions, and large corporations helps the Bank to continually improve manage liquidity and risk. Its full and stay in touch with clients’ needs. spectrum of offerings range from simple treasury products to bespoke structured Abu Dhabi was recently added to existing solutions, including investments, fixed treasury functions in Bahrain, Saudi income and Shariah-compliant Arabia, New York, and London. GIB’s alternatives. growing team of highly-skilled professionals is supported by a new GIB has brought its Treasury function state-of-the-art front-to-back office firmly into the digital age. Rather than system that facilitates transactions with communication being a one way street, optimal speed and accuracy. from bank to client, a dedicated Sales and Client Solutions Desk continually innovates products in line with market

Knowing where to look means seeing the opportunity 17 GIB Capital: Asset Management: Investment Banking Solutions Built on trust

Through its investment banking arm, GIB GIB UK has built longstanding relationships Capital, the Bank continues to advise on of trust operated by a growing team of some of the region’s most prestigious investment professionals trained to help deals. With offices in Riyadh, Bahrain and clients navigate the economic challenges Abu Dhabi, the wholly-owned looming on the horizon. subsidiary offers investment banking services that help corporates, family For over four decades, GIB UK has businesses, entrepreneurs, governments implemented an intelligent and dynamic and quasi-governmental entities obtain portfolio management style designed to financing through debt and equity. assure clients that their investments are in safe hands. In addition to supporting public offerings, private sales of equity, and mergers and As part of GIB UK’s current growth acquisitions, GIB Capital provides comprehensive strategy, a larger sales team was formed debt and ratings advisory services. It has to increase market penetration across been ranked the MENA region’s number the GCC, Europe, and the US. one financial institution for sovereign issuances On the debt capital markets front, GIB GIB’s award-winning asset management since 2012, winning many awards for its Capital possesses market-leading expertise arm, Gulf International Bank UK Limited In addition, GIB Capital aims to grow the Islamic structuring capabilities. in executing domestic and crossborder (GIB UK), is one of the Gulf’s largest institutional Bank’s asset management capabilty on bonds, Sukuk, hybrid capital and investment managers, handling almost US$ the ground in Saudi Arabia and the GCC securitisation transactions. GIB Capital’s 13 billion in client assets and nearly US$ region, by developing a product portfolio distribution platform is second to none 10 billion in Shariah-compliant strategies that meets the needs of regional clients. in the Middle East, with comprehensive for institutional clients such as sovereign coverage of MENA institutional wealth funds, pension bodies, and investors, as well as international development banks. Client assets are distribution in the UK, Europe and Asia. managed through four main product lines, which continuously evolve as the Bank In the face of challenging global economic expands its customer base: passive equity circumstances, this Saudi-based portfolios, fixed income portfolios, structured subsidiary is set to become an even larger products, and fund products. A dedicated part of GIB’s overall business. Sukuk portfolio management service has also recently been launched.

18 19 GIB in the community

GIB has an enduring commitment to GIB staff members are encouraged to enhance the social well-being and participate in local community events, volunteering quality of life of the communities in as well as competing regularly in fundraising which it operates. The Bank fulfills its events such as the annual Bahrain responsibilities as a concerned corporate Marathon Relay and sponsoring and citizen through the implementation of taking part in the Riyadh Marathon. WAGIB, its corporate social responsibility (CSR) programme. WAGIB, which means In addition, GIB is active in the protection duty, emphasizes themes with long-term of the environment, being one of the few positive results in the fields of youth and financial institutions to support World career development, women’s empowerment, Earth Day, through activities such as tree health awareness and planting and beach clean ups. economic development.

Aimed at nurturing a sense of responsibility among employees towards the communities in which it operates, GIB places particular focus on supporting charitable causes in Bahrain and Saudi Arabia, the two countries in which GIB has its strongest local presence.

WAGIB includes healthcare programmes, such as blood donation drives, cancer awareness campaigns, and World Health Day events. GIB also regularly sponsors projects that empower women, and help underprivileged members of society, such as its recent partnership with the Bahrain Down Syndrome Society and the Down Syndrome Charitable Association in Riyadh, Saudi Arabia.

20 21 Branches Kingdom of Saudi Arabia Dhahran United States of America Al Kifah Tower New York Highway 330 Madison Avenue P.O. Box 39268, Dhahran 31942, New York, NY 10017 United States of America Directory Kingdom of Saudi Arabia Telephone: +966 13 8664000 Telephone: +1 212 922 2300 Fax: +966 13 8100610 Fax: +1 212 922 2309

S.W.I.F.T: GULFUS33 Jeddah Cayman Islands Private Offices Building C/o New York Branch Head Office Subsidiaries Prince Sultan Road Al-Dowali Building P.O. Box 40530, Jeddah 21511, 3 Palace Avenue Kingdom of Saudi Arabia P.O. Box 1017 Manama, Kingdom of Bahrain Gulf International Bank (UK) Telephone: +966 12 5117000 Limited Fax: +966 12 5117098 London Telephone One Knightsbridge General: +973 17 534000 One Knightsbridge S.W.I.F.T: GULFSARI London SW1X 7XS FX & Money Markets: London SW1X 7XS United Kingdom +973 17 530030 United Kingdom Riyadh Treasury Sales: +973 17 511511 Granada Business & Residential Park Telephone Client Solutions Desk: Telephone: +44 20 7259 3456 Eastern Ring Road General: +44 20 7393 0410 +973 17 522521 Fax: +44 20 7259 6060 P.O. Box 93413, Riyadh 11673, Treasury: +44 20 7393 0461 Investments: +973 17 522672 Kingdom of Saudi Arabia Investment Banking: S.W.I.F.T: SINTGB2L Fax +973 17 522671 Telephone: +966 11 5103333 General: +44 20 7393 0458 Relationship Management: Fax +966 11 5103394 Treasury: +44 20 7393 0430 +973 17 522548 International Banking: S.W.I.F.T: GULFSARI S.W.I.F.T: GULFGB2L +973 17 522655 GIB Capital L.L.C. Financial Institutions: +973 17 522685 Low Rise Building 1 Granada Business & Residential Park Representative Offices Fax Eastern Ring Road United Arab Emirates Abu Dhabi FX & Money Markets: +973 17 522530 P. O. Box 89589 3rd floor Treasury Sales: +973 17 522422 Riyadh 11692 Abu Dhabi Plaza Tower Investments: +973 17 522629 Kingdom of Saudi Arabia Hamdan Street United Arab Emirates Investment Banking: P.O. Box 27051 Dubai +973 17 542790 Telephone: +966 11 511 2200 Abu Dhabi, United Arab Emirates Office No. 901, Al Moosa Tower 2 International Banking: Fax: +966 11 511 2201 P.O. Box 9445, Sheikh Zayed Road +973 17 522642 Telephone: + 971 2 631 8080 Dubai, United Arab Emirates Financial Institutions: Fax: +971 2 6311966 +973 17 542730 Telephone: +9714 3553235 S.W.I.F.T: GULFAEAA Fax: +9714 3559397 S.W.I.F.T: GULFBHBM

Reuters Direct Dial Forex Unit & Options: GIBB Treasury Sales: GIBA

Website: meem.com, gib.com, gibcapital.com 22 23 www.gib.com