Islandsbanki

Transaction in Own Shares • Dec 22, 2025

Íslandsbanki hf.: Transactions in relation to a share repurchase programme - end of round of buybacks

Íslandsbanki hf.: Transactions in relation to a share repurchase programme - end of round of buybacks

Reference is made to an announcement from Íslandsbanki hf., published on 1 December 2025 on the further implementation of a share repurchase programme relating to own shares, initially announced on 7 July 2025. In week 51 Íslandsbanki hf. (the Bank) purchased in total 7,166,000 own shares for the total amount of ISK 1,021,204,502 as further listed in this announcement.

In week 51 Íslandsbanki hf. (the Bank) purchased in total 7,166,000 own shares for the total amount of ISK 1,021,204,502 as follows:

Date	Time	Purchased shares	Price per share	Purchase Price (ISK)	Total own shares
15.12.25	10:13:28	45,000	141.50	6,367,500	93,397,195
15.12.25	10:23:19	50,000	141.50	7,075,000	93,447,195
15.12.25	10:26:55	8,000	141.50	1,132,000	93,455,195
15.12.25	10:30:11	9,384	141.50	1,327,836	93,464,579
15.12.25	10:35:20	45,000	141.50	6,367,500	93,509,579
15.12.25	10:39:44	42,616	141.50	6,030,164	93,552,195
15.12.25	11:01:14	200,000	141.00	28,200,000	93,752,195
15.12.25	12:54:25	46,264	140.50	6,500,092	93,798,459
15.12.25	12:58:25	3,284	140.50	461,402	93,801,743
15.12.25	13:26:33	33,772	140.50	4,744,966	93,835,515
15.12.25	13:28:29	10,000	140.50	1,405,000	93,845,515
15.12.25	13:28:29	94,485	140.50	13,275,143	93,940,000
15.12.25	13:43:01	12,195	140.50	1,713,398	93,952,195
15.12.25	14:06:11	40,741	139.50	5,683,370	93,992,936
15.12.25	14:06:26	37,536	139.50	5,236,272	94,030,472
15.12.25	14:09:08	121,723	139.50	16,980,359	94,152,195
15.12.25	14:20:16	21,000	139.50	2,929,500	94,173,195
16.12.25	09:34:20	100,000	140.00	14,000,000	94,273,195
16.12.25	09:38:06	250,000	140.00	35,000,000	94,523,195
16.12.25	09:59:04	200,000	140.00	28,000,000	94,723,195
16.12.25	10:09:04	10,831	140.00	1,516,340	94,734,026
16.12.25	10:09:08	33,843	140.00	4,738,020	94,767,869
16.12.25	10:09:24	33,434	140.00	4,680,760	94,801,303
16.12.25	10:17:20	10,000	140.00	1,400,000	94,811,303
16.12.25	10:18:04	200,000	140.00	28,000,000	95,011,303
16.12.25	10:21:44	10,000	140.00	1,400,000	95,021,303
16.12.25	10:26:02	1,892	140.00	264,880	95,023,195
16.12.25	10:51:48	200,000	140.00	28,000,000	95,223,195
16.12.25	11:11:36	200,000	140.00	28,000,000	95,423,195
16.12.25	11:32:06	100,000	140.00	14,000,000	95,523,195
16.12.25	13:48:21	200,000	141.50	28,300,000	95,723,195
16.12.25	14:29:54	250,000	141.50	35,375,000	95,973,195
17.12.25	09:55:52	200,000	142.00	28,400,000	96,173,195
17.12.25	10:12:24	300,000	142.00	42,600,000	96,473,195
17.12.25	10:58:14	300,000	142.00	42,600,000	96,773,195
17.12.25	11:11:41	200,000	142.50	28,500,000	96,973,195
17.12.25	13:39:09	300,000	142.50	42,750,000	97,273,195
17.12.25	13:58:26	100,000	142.50	14,250,000	97,373,195
17.12.25	14:24:20	100,000	142.75	14,275,000	97,473,195
17.12.25	14:40:34	300,000	143.50	43,050,000	97,773,195
18.12.25	09:41:16	200,000	145.00	29,000,000	97,973,195
18.12.25	10:15:26	200,000	145.00	29,000,000	98,173,195
18.12.25	13:11:55	400,000	145.00	58,000,000	98,573,195
18.12.25	13:29:00	200,000	145.00	29,000,000	98,773,195
18.12.25	13:57:43	9,997	144.50	1,444,567	98,783,192
18.12.25	14:12:34	160,765	145.00	23,310,925	98,943,957
18.12.25	14:15:29	29,238	145.00	4,239,510	98,973,195
18.12.25	14:50:16	5,762	144.50	832,609	98,978,957
18.12.25	14:56:40	3,192	144.50	461,244	98,982,149
18.12.25	14:58:52	90,936	144.50	13,140,252	99,073,085
18.12.25	15:00:12	110	144.50	15,895	99,073,195
19.12.25	10:15:31	11,346	144.00	1,633,824	99,084,541
19.12.25	10:16:16	88,654	144.00	12,766,176	99,173,195
19.12.25	10:33:00	300,000	144.50	43,350,000	99,473,195
19.12.25	14:59:59	9,743	144.00	1,402,992	99,482,938
19.12.25	15:10:08	200,000	144.00	28,800,000	99,682,938
19.12.25	15:16:02	500,000	144.00	72,000,000	100,182,938
19.12.25	15:18:59	90,257	144.00	12,997,008	100,273,195
19.12.25	15:23:08	245,000	144.00	35,280,000	100,518,195
	Total week 51	21,390,695		2,999,554,419

Before the above purchase in week 51 the Bank owned 93,352,195 own shares, or 4.96% of issued shares.

This round of share buybacks, announced to the market on 1 December 2025, is now concluded. According to the aforementioned announcement, the aim was to repurchase own shares of the maximum amount of 25 million shares or 1.33% of issued shares, the total purchase price for repurchased shares however not exceeding ISK 3,000,000,000 in total. This round of share buybacks commenced on 1 December 2025 and remains in force until 27 February 2026, unless the conditions on the maximum amount of shares or purchase price is met before that time.

During this round of repurchase of own shares the Bank has purchased in total 21,390,695 own shares or 1.14% of issued shares, and the total purchase price thereunder is ISK 2,999,554,420. Plans to optimise the Bank's capital structure are still a priority, subject to market conditions. Plans to optimise the Bank's capital structure remain a priority, subject to market conditions.

The Bank holds a total of 100,518,195 own shares, or 5.35% of issued shares.

The share repurchase programme will be 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 rules 1275/2024 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 has been obtained.

For further information please contact:

Investor Relations - Bjarney Anna Bjarnadóttir, ir@islandsbanki.is