Announcement by Watani Wealth Management Company regarding an update of the terms and conditions of Al Watani Sukuk Fund.

Watani Wealth Management Company announces an update of the terms and conditions of Al Watani Sukuk Fund as of 14/05/1447H corresponding to 05/11/2025G.

A summary of the main updated items are as follows: 

1. Definitions
2. Fund Summary
3. Investment Policy and Practices
4. Fund Manager’s Policy for Managing Fund Risks
5. Benchmark, Benchmark Provider Information, and the Basis and Methodology for Benchmark Calculation
6. Key Investment Risks in the Fund
7. Fees, Commissions, and Charges
8. All Fees and Expenses, Including Their Calculation Method and Payment Timing by the Fund Manager
9. Discounts and Special Commissions
10. Register of Unitholders
11. Fund Termination
12. Fund Manager
13. Fund Board of Directors

The updated terms and conditions can be found in the attached file.