Date: 8 April 2026
To: The holders of the Capital Securities referred to below.
COMMERCIAL BANK OF DUBAI P.S.C.
(incorporated with limited liability in the Emirate of Dubai, United Arab Emirates)
REDEMPTION NOTICE U.S.$600,000,000 Perpetual Additional Tier 1 Capital Securities (Common Code: 224335075, ISIN: XS2243350753) (the Capital Securities)NOTICE IS HEREBY GIVEN, that pursuant to Condition 9.1(b) (Issuer's Call Option) of the terms and conditions of the abovementioned Capital Securities (the Conditions) as set out in the prospectus dated 19 October 2020, the Issuer will redeem the Capital Securities (in whole but not in part) on 21 April 2026 (being the First Call Date) at the relevant Early Redemption Amount in accordance with the Conditions.
The Issuer will request the cancellation of:
the listing of the Capital Securities on the Official List of the Irish Stock Exchange plc, trading as Euronext Dublin (Euronext Dublin) and the admission to trading on the regulated market of Euronext Dublin; and
the listing of the Capital Securities on the Official List of Securities of the Dubai Financial Services Authority and the admission to trading on Nasdaq Dubai,
in each case with effect on, or shortly after, 21 April 2026.
Capitalised terms used in this Redemption Notice that are not otherwise defined have the meaning given to them in the Conditions.
For further information, please contact the Issuer at:
Ms. Celeste Ang
Commercial Bank of Dubai P.S.C. Phone: +971 4212 1492
Email: celeste.ang@cbd.ae
Mr. Adnan Nur
Commercial Bank of Dubai P.S.C. Phone: +971 4212 1434
Email: adnan.nur@cbd.ae
For the purposes of MAR and Article 2 of Commission Implementing Regulation (EU) 2016/1055, this announcement is made by Darren Clarke, Chief Financial Officer at Commercial Bank of Dubai P.S.C.