Íslandsbanki hf.: Transactions in relation to a share repurchase programme – week 45

In week 45 Íslandsbanki hf. (the Bank) purchased in total 1,969,692 own shares for the total amount of ISK 269,684,851 as follows:

Prior to transactions carried out during week 45, the Bank held 111,692,487 own shares, corresponding to 6.37% of issued share capital. During this round of repurchase of own shares the Bank has purchased in total 15,045,923 own shares or 0.86% of issued shares, and the total purchase price thereunder is ISK 2,085,038,105.

In this round of share buybacks the aim is to repurchase own shares of the maximum amount of 25 million shares, corresponding to 1.43% of issued share capital, the total purchase price for repurchased shares however not exceeding ISK 3,000,000,000 in total. This round of share buybacks commenced on 2 October 2026 and was to remain in force until 31 December 2026, unless the conditions on the maximum amount of shares or purchase price is met before that time.

In addition to the above purchase in week 45, the Bank purchased 7,200,000 own shares through buybacks of own shares through a reverse auction, cf. announcement of the results of those buybacks dated 5 November 2026.

The Bank holds 120,862,179 own shares, representing 6.89% of issued shares in the Bank.

The share repurchase programme is carried out in accordance with the applicable law, including the Act on limited liability companies No. 2/1995, Regulation No. 596/2014 of the European Parliament and of the Council on market abuse, Commission delegated regulation (EU) 2016/1052 of 8 March 2016, the Act on Measures Against Market Abuse No. 60/2021 and regulation 1290/2025 on the same subject. The approval of the Financial Supervisory Authority of the Central Bank of Iceland for the Bank's repurchase of own shares had been obtained.