IMPORTANT NOTICE NOT FOR DISTRIBUTION TO ANY U.S. PERSON OR TO ANY PERSON OR ADDRESS IN THE UNITED STATES IMPORTANT: You must read the following notice before continuing. The following notice applies to the attached prospectus following this page (the Prospectus), whether received by email, accessed from an internet page or otherwise received as a result of electronic communication, and you are therefore advised to read this notice carefully before reading, accessing or making any other use of the Prospectus. In reading, accessing or making any other use of the Prospectus, you agree to be bound by the following terms and conditions and each of the restrictions set out in the Prospectus, including any modifications made to them from time to time, each time you receive any information from Saudi Electricity Global SUKUK Company 5 (the Issuer) or Saudi Electricity Company (SEC) as a result of such access. RESTRICTIONS: NOTHING IN THIS ELECTRONIC TRANSMISSION CONSTITUTES AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO BUY THE CERTIFICATES IN ANY JURISDICTION. ANY CERTIFICATE TO BE ISSUED HAS NOT BEEN AND WILL NOT BE REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE SECURITIES ACT), OR WITH ANY SECURITIES REGULATORY AUTHORITY OF ANY STATE OF THE UNITED STATES OR OTHER JURISDICTION. THE CERTIFICATES MAY NOT BE OFFERED, SOLD, PLEDGED OR OTHERWISE TRANSFERRED DIRECTLY OR INDIRECTLY WITHIN THE UNITED STATES OR TO, OR FOR THE ACCOUNT OR BENEFIT OF, U.S. PERSONS (AS DEFINED IN REGULATION S UNDER THE SECURITIES ACT), EXCEPT PURSUANT TO AN EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT AND APPLICABLE STATE OR LOCAL SECURITIES LAWS. THE PROSPECTUS IS NOT BEING DISTRIBUTED TO, AND MUST NOT BE PASSED ON TO, THE GENERAL PUBLIC IN THE UNITED KINGDOM. THE DISTRIBUTION IN THE UNITED KINGDOM OF THE PROSPECTUS AND ANY OTHER MARKETING MATERIALS RELATING TO THE CERTIFICATES IS BEING ADDRESSED TO, OR DIRECTED AT, ONLY THE FOLLOWING PERSONS: (I) PERSONS WHO ARE INVESTMENT PROFESSIONALS AS DEFINED IN ARTICLE 19(5) OF THE FINANCIAL SERVICES AND MARKETS ACT 2000 (FINANCIAL PROMOTION) ORDER 2005 (THE FINANCIAL PROMOTION ORDER), (II) PERSONS FALLING WITHIN ANY OF THE CATEGORIES OF PERSONS DESCRIBED IN ARTICLE 49 (HIGH NET WORTH COMPANIES, UNINCORPORATED ASSOCIATIONS, ETC.) OF THE FINANCIAL PROMOTION ORDER AND (III) ANY OTHER PERSON TO WHOM IT MAY OTHERWISE LAWFULLY BE COMMUNICATED. (ALL SUCH PERSONS IN (I), (II) AND (III) ABOVE TOGETHER BEING REFERRED TO AS RELEVANT PERSONS). PERSONS OF ANY OTHER DESCRIPTION IN THE UNITED KINGDOM MAY NOT RECEIVE AND SHOULD NOT ACT OR RELY ON THE PROSPECTUS OR ANY OTHER MARKETING MATERIALS IN RELATION TO ANY CERTIFICATES AND ANY INVESTMENT OR INVESTMENT ACTIVITY TO WHICH THE PROSPECTUS RELATES WILL BE ENGAGED IN ONLY WITH RELEVANT PERSONS. CONFIRMATION OF YOUR REPRESENTATION: By accepting this e-mail and accessing, reading or making any other use of the attached document, you shall be deemed to have represented to First Abu Dhabi Bank PJSC, HSBC Bank plc, J.P. Morgan Securities plc, MUFG Securities EMEA plc, and Standard Chartered Bank (together, the Joint Lead Managers), Saudi Electricity Global SUKUK Company 5 (in any capacity), SEC and HSBC Corporate Trustee Company (UK) Limited that (1) you have understood and agree to the terms set out herein, (2) you are (or the person you represent is) not a U.S. person (within the meaning of Regulation S under the Securities Act) or acting for the account or benefit of a U.S. person and the electronic mail address that you have given to us and to which this e-mail has been delivered is not located 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) or the District of Columbia (3) in respect of the Certificates being offered in the United Kingdom, you are (or the person you represent is) a Relevant Person, (4) you consent to delivery by electronic transmission, (5) you will not transmit the attached Prospectus (or any copy of it or part thereof) or disclose, whether orally or in writing, any of its contents to any other person except with the consent of the Joint Lead Managers, the Issuer and SEC and (6) you acknowledge that you will make your own assessment regarding any legal, taxation, Shari’ah or other economic considerations with respect to your decision to subscribe for or purchase of any of the Certificates. You are reminded that the Prospectus has been delivered to you on the basis that you are a person into whose possession the Prospectus may be lawfully delivered in accordance with the laws of the jurisdiction in which you are located and you may not, nor are you authorised to, deliver or disclose the contents of the Prospectus, electronically or otherwise, to any other person. Failure to comply with this directive may result in a violation of the Securities Act or the applicable laws of other jurisdictions. If you received the Prospectus by e-mail, you should not reply by e-mail. Any reply e-mail communications, including those you generate by using the “Reply” function on your e-mail software, will be ignored or rejected. If you received the Prospectus by e-mail, your use of this e-mail is at your own risk and it is your responsibility to take precautions to ensure that it is free from viruses and other items of a destructive nature. The materials relating to the offering do not constitute, and may not be used in connection with, an offer or solicitation in any place where such offers or solicitations are not permitted by law. If a jurisdiction requires that the offering be made by a licensed broker or dealer and the Joint Lead Managers or any affiliate of the Joint Lead Managers is a licensed broker or dealer in that jurisdiction, the offering shall be deemed to be made by the Joint Lead Managers or such affiliate on behalf of the Issuer in such jurisdiction. Under no circumstances shall the Prospectus constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the Certificates in any jurisdiction in which such offer, solicitation or sale would be unlawful. Recipients of the attached document who intend to subscribe for or purchase the Certificates are reminded that any subscription or purchase may only be made on the basis of the information contained or incorporated by reference in the Prospectus. The Prospectus has been sent to you in an electronic form. You are reminded that documents transmitted via this medium may be altered or changed during the process of electronic transmission and consequently none of the Joint Lead Managers, the Issuer, SEC or any person who controls or is a director, officer, employee or agent of the Joint Lead Managers, the Issuer, SEC or any affiliate of any such person accepts any liability or responsibility whatsoever in respect of any difference between the Prospectus distributed to you in electronic format and the hard copy version available to you on request from the Joint Lead Managers. The distribution of the Prospectus and the offer or sale of the Certificates in certain jurisdictions may be restricted by law. Persons into whose possession the attached document comes are required by the Joint Lead Managers, the Issuer and SEC to inform themselves about, and to observe, any such restrictions. The Prospectus will be valid for the admission to trading of the Certificates on the regulated market of Euronext Dublin until the time when trading on such regulated market begins. The obligation to supplement the Prospectus in the event of a significant new factor, material mistake or material inaccuracy does not apply, once the Certificates are admitted to trading on the regulated market of Euronext Dublin. SAUDI ELECTRICITY GLOBAL SUKUK COMPANY 5 (incorporated as an exempted company in the Cayman Islands with limited liability) U.S.$650,000,000 Green Certificates due 2025 U.S.$650,000,000 Green Certificates due 2030 The U.S.$650,000,000 Green Certificates due 2025 (the 2025 Certificates) and the U.S.$650,000,000 Green Certificates due 2030 (the 2030 Certificates, and, together with the 2025 Certificates, the Certificates, and each a Series)of Saudi Electricity Global SUKUK Company 5 (the Issuer) will be constituted by a declaration of trust (the Declaration of Trust) dated 17 September 2020 (the Closing Date) entered into between Saudi Electricity Company (SEC), the Issuer, in its capacity as issuer and as trustee (the Trustee) for and on behalf of holders of the Certificates (the Certificateholders) and HSBC Corporate Trustee Company (UK) Limited in its capacity as delegate of the Trustee (the Delegate). Pursuant to the Declaration of Trust, the Trustee will declare that it will hold the Trust Assets (as defined herein) in respect of each Series upon trust absolutely for the Certificateholders of that Series pro rata according to the face amount of the Certificates held by each Certificateholder in accordance with the Declaration of Trust and the terms and conditions of such Certificates (in the case of the 2025 Certificates, the 2025 Conditions and, in the case of the 2030 Certificates, the 2030 Conditions and, together, the Conditions). On (i) in the case of the 2025 Certificates, the 17th day of March and September in each year, commencing on 17 March 2021, and (ii) in the case of the 2030 Certificates, the 17th day of March and September in each year, commencing on 17 March 2021 (each a Periodic Distribution Date), the Issuer will pay Periodic Distribution Amounts (as defined herein) to the relevant Certificateholders, calculated at the rate of (i) in the case of the 2025 Certificates, 1.740 per cent.