Date: 16/07/1444HCorresponding to: 07/02/2023G Re: Amend to the Credit Facility AgreementDated 27/07/1443H corresponding to 28/02/2022G WHEREAS: (1) Gulf International Bank Saudi Arabia, a Saudi closed joint-stock company with a capital of...Lucid Group, Inc. • May 8th, 2023 • Motor vehicles & passenger car bodies
SECOND: Canceling clause (1-2) Bridge Loan of the Facilities Letter. THIRD: Amending Sub-clause (Total Facility) of Clause (1-3) Working Capital Facilities of the Facilities Letter as follows: Total Facility: SAR 1,000,000,000/- FOURTH: Amending items (Sub-Limit) & (Margin) of Sub-clause (A) Short Term Advance Facility of Clause (1-3) Working Capital Facilities of the Facilities Letter as follows: Sub-Limit: SAR 1,000,000,000/- Margin: (1.4%) per annum over SAIBOR. FIFTH: Amending item (Sub-Limit) of Sub-clause (B) LC Facility of Clause (1-3) Working Capital Facilities of the Facilities Letter as follows: Sub-Limit: SAR 1,000,000,000/- SIXTH: Adding Sub-clause (C) Guarantees Facility to Clause (1-3) Working Capital Facilities of the Facilities Letter as follows: (C) Guarantees Facility (Payment Guarantee, Advance Payment Guarantee, Performance Guarantee, Customs Guarantee, Standby LC): Sub-Limit: SAR 10,000,000/- T
