Festi

Transaction in Own Shares • Jan 5, 2026

Festi hf.: Buyback program week 1

Festi hf.: Buyback program week 1

In week 1 2026, Festi purchased in total 170,000 own shares for total amount of 55,285,000 ISK as follows:

Week	Date	Time	Purchased shares	Share price	Purchase price
Week 1	29.12.2025	13:42	75.000	326,00	24.450.000
Week 1	30.12.2025	11:55	55.000	325,00	17.875.000
Week 1	2.1.2025	13:11	40.000	324,00	12.960.000

The execution of the buyback program is in accordance with the Act on Public Limited Companies No 2/1995, Article 5 of the Regulation of the European parliament and of the Council No. 596/2014, on market abuse, the Commissions Delegated Regulation No. 2016/1052 and the Act on Actions against Market Fraud No. 60/2021.

Before the purchase Festi held 3,410,000 own shares or 1.09% of issued shares. Festi has now bought in total 833,774 own shares for 272,545,420 ISK and holds today 3,580,000 own shares or 1.15% of issued shares. This announcement of purchase of own shares is in accordance with the buyback program announced 3 December 2025 to Nasdaq Iceland. The program envisages the buyback of a total of 2,500,000 own shares or 0.80% of the issued shares, with the cap of 825 million ISK purchase price.

For further information contact Magnús Kr. Ingason, CFO of Festi hf. (mki@festi.is).