Skel fjárfestingafélag

Transaction in Own Shares • Jan 2, 2024

Disclosure 440970

Skel fjárfestingafélag hf. - Changes in company's own shares

SKEL fjárfestingafélag hf.: Buy-back programme week 52 - End of buy-back

In week 52 2023, SKEL fjárfestingafélag hf. purchased in total 1,098,601 own shares for total amount of 16,258,595 ISK as follows:

Date	Time	Purchased shares	Proce	Purchase price	Total own shares
27.12.2023	10:43:00	400,000	14.75	5,900,000	56,856,141
28.12.2023	10:10:00	660,000	14.80	9,768,000	57,516,141
29.12.2023	10:28:00	38,601	15.30	590,595	57,554,742
		1,098,601		16,258,595	57,554,742

The execution of the buy-back programme is in accordance with Chapter VIII of the Company Act No 2/1995, Article 5 of the Regulation of the European parliament and of the Council (EU) on Market Fraud No. 60/2021, the Commissions Delegated Regulation No. 2016/1052 and the Act on Actions against Market Fraud No. 60/2021.

Before the purchase SKEL held 18,518,518 own shares. SKEL fjárfestingafélag hf. bought in total 39,036,224 own shares for 499,999,995 ISK and holds 57,554,742 own shares which equals 2.97% of the company's total share capital, which is 1,936,033,774. SKEL has now finished the buy-back programme.

This announcement of purchase of own shares is in accordance with the buy-back programme announced 15 September 2023 to Nasdaq OMX Iceland.

For further information contact Magnús Ingi Einarsson, CFO of SKEL fjárfestingafélag hf., magnus@skel.is

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