Dear Customers,

We are pleased to inform you that our parent company, Al Hilal Bank PJSC intends become a part of a wider banking group by joining ADCB and UNB following their planned merger.

Al Hilal Bank PJSC will retain its existing name and brand, and will continue to operate as a separate Islamic entity within the new banking group, which will be called ADCB.

We believe that this is a very positive step in Al Hilal Bank PJSC’s journey and supports our ongoing mission to deliver outstanding service to all our customers.

We will be part of a banking group with over one million customers, operating the third-largest Islamic banking franchise in the UAE. Greater scale will increase our capacity for investment in people, technology and infrastructure in the coming years, so we can continually innovate to provide the cutting-edge Shari’ah-compliant products and services your business requires.

The merger is expected to become effective during the first half of 2019, subject to various third party approvals, including from regulators.

You will experience no change to the services provided by «Al Hilal» Islamic Bank» JSC  as a result of this process.

You can find out more on a dedicated transaction website at www.adcb.com. «Al Hilal» Islamic Bank» JSC staff and our contact centre can also help with any questions you may have.

Delivering excellent services to all our customers remains our highest priority. We would like to take this opportunity to thank you for choosing «Al Hilal» Islamic Bank» JSC, and very much look forward to continuing our partnership.

Sincerely,

Gordon Haskins

Chief Executive Officer

«Al Hilal» Islamic Bank» JSC